Gladstone Land Corporation Company Profile (NASDAQ:LAND)

About Gladstone Land Corporation (NASDAQ:LAND)

Gladstone Land Corporation logoGladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities. The Company is engaged in leasing its farms and farm-related facilities to independent or corporate farming operations. As of September 12, 2017, the Company owned 72 farms, including 58,777 total acres across seven states in the United States (Arizona, California, Colorado, Florida, Michigan, Nebraska and Oregon). As of December 31, 2016, the Company's farms and facilities were leased to 40 different, unrelated tenants that are either independent or corporate farming operations. The Company focuses to own primarily single-tenant, agricultural real property.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Specialized REITs
  • Sub-Industry: N/A
  • Symbol: NASDAQ:LAND
  • CUSIP: N/A
  • Web:
  • Market Cap: $182.53 million
  • Outstanding Shares: 12,011,000
Average Prices:
  • 50 Day Moving Avg: $13.41
  • 200 Day Moving Avg: $12.15
  • 52 Week Range: $9.70 - $14.29
  • Trailing P/E Ratio: 298.04
  • Foreward P/E Ratio: 20.16
  • P/E Growth: 22.95
Sales & Book Value:
  • Annual Revenue: $21.14 million
  • Price / Sales: 7.79
  • Book Value: $7.86 per share
  • Price / Book: 1.74
  • Annual Dividend: $0.53
  • Dividend Yield: 3.8%
  • EBITDA: $15.48 million
  • Net Margins: 2.58%
  • Return on Equity: 0.57%
  • Return on Assets: 0.15%
  • Debt-to-Equity Ratio: 2.60%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.59%
  • Average Volume: 105,849 shs.
  • Beta: 1
  • Short Ratio: 4.45

Frequently Asked Questions for Gladstone Land Corporation (NASDAQ:LAND)

What is Gladstone Land Corporation's stock symbol?

Gladstone Land Corporation trades on the NASDAQ under the ticker symbol "LAND."

How often does Gladstone Land Corporation pay dividends? What is the dividend yield for Gladstone Land Corporation?

Gladstone Land Corporation declared a monthly dividend on Wednesday, October 11th. Investors of record on Monday, November 20th will be given a dividend of $0.0441 per share on Thursday, November 30th. This represents a $0.53 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Friday, November 17th. View Gladstone Land Corporation's Dividend History.

How were Gladstone Land Corporation's earnings last quarter?

Gladstone Land Corporation (NASDAQ:LAND) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $0.14 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.04. The firm had revenue of $6 million for the quarter. Gladstone Land Corporation had a net margin of 2.58% and a return on equity of 0.57%. View Gladstone Land Corporation's Earnings History.

When will Gladstone Land Corporation make its next earnings announcement?

Gladstone Land Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Gladstone Land Corporation.

Where is Gladstone Land Corporation's stock going? Where will Gladstone Land Corporation's stock price be in 2017?

2 brokerages have issued twelve-month target prices for Gladstone Land Corporation's stock. Their forecasts range from $14.00 to $14.25. On average, they expect Gladstone Land Corporation's share price to reach $14.13 in the next twelve months. View Analyst Ratings for Gladstone Land Corporation.

Who are some of Gladstone Land Corporation's key competitors?

Who are Gladstone Land Corporation's key executives?

Gladstone Land Corporation's management team includes the folowing people:

  • David J. Gladstone, Chairman of the Board, President, Chief Executive Officer
  • Terry Lee Brubaker, Vice Chairman of the Board, Chief Operating Officer
  • Lewis Parrish, Chief Financial Officer
  • Jay Beckhorn, Treasurer
  • Paul W. Adelgren, Lead Independent Director
  • Michela A. English, Independent Director
  • Caren D. Merrick, Independent Director
  • John H. Outland, Independent Director
  • Anthony W. Parker J.D., Independent Director

How do I buy Gladstone Land Corporation stock?

Shares of Gladstone Land Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gladstone Land Corporation's stock price today?

One share of Gladstone Land Corporation stock can currently be purchased for approximately $13.71.

MarketBeat Community Rating for Gladstone Land Corporation (NASDAQ LAND)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  208
MarketBeat's community ratings are surveys of what our community members think about Gladstone Land Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gladstone Land Corporation (NASDAQ:LAND) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.13 (3.03% upside)
Consensus Price Target History for Gladstone Land Corporation (NASDAQ:LAND)
Price Target History for Gladstone Land Corporation (NASDAQ:LAND)
Analysts' Ratings History for Gladstone Land Corporation (NASDAQ:LAND)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuy$13.00 -> $14.00MediumView Rating Details
5/18/2017Singular ResearchInitiated CoverageBuy -> Buy$14.25LowView Rating Details
8/15/2016JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
12/3/2015Janney Montgomery ScottInitiated CoverageBuy$10.50N/AView Rating Details
(Data available from 10/21/2015 forward)


Earnings History for Gladstone Land Corporation (NASDAQ:LAND)
Earnings by Quarter for Gladstone Land Corporation (NASDAQ:LAND)
Earnings History by Quarter for Gladstone Land Corporation (NASDAQ LAND)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017$0.01N/AView Earnings Details
8/8/2017Q2 2017$0.18$0.14$6.00 millionViewListenView Earnings Details
2/21/2017Q4 2016$0.14$0.01$5.43 million$4.92 millionViewListenView Earnings Details
11/14/2016Q316$0.13$0.14$4.72 million$4.47 millionViewListenView Earnings Details
5/2/2016Q1$0.03$0.02$3.72 million$3.68 millionViewListenView Earnings Details
2/23/2016Q415$0.01$0.04$3.43 million$3.41 millionViewListenView Earnings Details
11/3/2015Q315$0.09$0.02$3.15 million$3.08 millionViewN/AView Earnings Details
8/4/2015Q215($0.01)$0.09$2.78 million$2.78 millionViewN/AView Earnings Details
5/15/2015Q115$0.11$0.11$2.62 million$2.63 millionViewListenView Earnings Details
2/24/2015Q414$0.02$0.01$2.06 million$2.34 millionViewN/AView Earnings Details
10/27/2014Q314$0.02$1.74 million$1.77 millionViewN/AView Earnings Details
8/4/2014Q214$0.09$0.07$1.85 million$1.57 millionViewN/AView Earnings Details
5/5/2014Q114$0.03$0.05$1.49 million$1.50 millionViewN/AView Earnings Details
2/24/2014Q413$0.02$0.04$1.09 million$1.18 millionViewN/AView Earnings Details
5/6/2013Q113$0.04$0.04$0.82 millionViewN/AView Earnings Details
3/27/2013Q412$0.12$781.60 million$916.75 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Gladstone Land Corporation (NASDAQ:LAND)
2017 EPS Consensus Estimate: $0.64
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.16$0.16$0.16
Q2 20171$0.16$0.16$0.16
Q3 20171$0.16$0.16$0.16
Q4 20171$0.16$0.16$0.16
(Data provided by Zacks Investment Research)


Current Dividend Information for Gladstone Land Corporation (NASDAQ:LAND)
Next Dividend:11/30/2017
Annual Dividend:$0.53
Dividend Yield:3.87%
Payout Ratio:1,060.21% (Trailing 12 Months of Earnings)
88.33% (Based on This Year's Estimates)
77.94% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Gladstone Land Corporation (NASDAQ:LAND)

Dividend History by Quarter for Gladstone Land Corporation (NASDAQ LAND)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/7/2014oct 14$0.033.02%10/20/201410/22/201410/31/2014
7/15/2014jul 14$0.032.96%7/23/20147/25/20148/5/2014
4/8/2014apr 14$0.032.76%4/16/20144/21/20144/30/2014
1/7/2014jan 14$0.031/17/20141/22/20141/31/2014
10/8/2013oct 13$0.1210/18/201310/22/201310/31/2013
7/9/2013jul 13$0.127/17/20137/19/20137/31/2013
4/9/2013apr 13$0.124/18/20134/22/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Gladstone Land Corporation (NASDAQ:LAND)
Insider Ownership Percentage: 21.87%
Institutional Ownership Percentage: 21.11%
Insider Trades by Quarter for Gladstone Land Corporation (NASDAQ:LAND)
Institutional Ownership by Quarter for Gladstone Land Corporation (NASDAQ:LAND)
Insider Trades by Quarter for Gladstone Land Corporation (NASDAQ:LAND)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/14/2017David GladstoneCEOBuy20,000$11.38$227,600.00View SEC Filing  
3/15/2017Jay BeckhornTreasurerBuy450$11.05$4,972.50View SEC Filing  
3/15/2017Michela A EnglishDirectorBuy200$11.08$2,216.00View SEC Filing  
3/14/2017Lewis ParrishCFOBuy500$11.00$5,500.00View SEC Filing  
3/13/2017David GladstoneCEOBuy20,000$11.15$223,000.00View SEC Filing  
9/9/2016Paul W AdelgrenDirectorBuy500$11.72$5,860.00View SEC Filing  
8/26/2016Caren D MerrickDirectorBuy4,432$11.29$50,037.28View SEC Filing  
8/22/2016Lewis ParrishCFOBuy250$11.00$2,750.00View SEC Filing  
5/19/2016Lewis ParrishCFOBuy150$10.00$1,500.00View SEC Filing  
5/5/2016Lewis ParrishCFOBuy100$10.00$1,000.00View SEC Filing  
5/5/2016Paul W AdelgrenDirectorBuy1,000$10.19$10,190.00View SEC Filing  
3/10/2016David GladstoneCEOBuy19,000$8.87$168,530.00View SEC Filing  
3/4/2016Lewis ParrishCFOBuy500$8.69$4,345.00View SEC Filing  
12/15/2015John DellafioraInsiderBuy200$8.59$1,718.00View SEC Filing  
12/14/2015Lewis ParrishCFOBuy500$8.25$4,125.00View SEC Filing  
8/25/2015David GladstoneCEOBuy10,000$9.57$95,700.00View SEC Filing  
6/15/2015Walter H WilkinsonDirectorBuy4,500$11.11$49,995.00View SEC Filing  
3/7/2014Paul AdelgrenDirectorBuy1,000$13.11$13,110.00View SEC Filing  
5/15/2013Paul W AdelgrenDirectorBuy1,500$16.61$24,915.00View SEC Filing  
1/31/2013Terry EarhartDirectorBuy2,000$13.95$27,900.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Gladstone Land Corporation (NASDAQ:LAND)
Latest Headlines for Gladstone Land Corporation (NASDAQ:LAND)
DateHeadline logoBritain leads smart revolution with deployment of most advanced smart meter - October 20 at 3:07 AM logoEx-Div Reminder for Gladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock - October 18 at 3:59 PM logoZacks: Analysts Anticipate Gladstone Land Corporation (LAND) Will Announce Earnings of $0.16 Per Share - October 17 at 8:26 AM logoGladstone Land (LAND) Announces No Damage to California Farms from Wildfires - October 15 at 12:51 AM logoBRIEF-Gladstone Land reports no damage to California farms from wildfires - October 14 at 12:44 AM logoGladstone Land Reports No Damage to California Farms from Wildfires - October 13 at 6:17 AM logoGladstone Land Corporation (LAND) & Its Competitors Head-To-Head Review - October 13 at 12:26 AM logoComparing Gladstone Land Corporation (LAND) & The Competition - October 12 at 12:28 AM logoGladstone Land Corporation (LAND) Raises Dividend to $0.04 Per Share - October 11 at 6:44 PM logoGladstone Land Corporation Plans Monthly Dividend of $0.04 (LAND) - October 11 at 6:44 PM logoGladstone Land Corporation (LAND) Declares Monthly Dividend of $0.04 - October 11 at 6:44 PM logoFinancial Comparison: QTS Realty Trust (QTS) versus Gladstone Land Corporation (LAND) - October 11 at 2:20 PM logoHead-To-Head Survey: Gladstone Land Corporation (LAND) vs. The Competition - October 11 at 4:30 AM logoGladstone Land Announces Monthly Cash Distributions for October, November and December 2017 and Announces Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2017 - October 10 at 7:49 PM logoGladstone Land Corp. : LAND-US: Dividend Analysis : September 20th, 2017 (record date) : By the numbers : October 9, 2017 - October 9 at 4:23 PM logoAnworth Mortgage Asset Corporation (ANH) vs. Gladstone Land Corporation (LAND) Financial Survey - October 9 at 10:14 AM logoGladstone Land Acquires Add-on Farm in Colorado - October 2 at 4:55 PM logoHead to Head Contrast: Gladstone Land Corporation (LAND) versus Its Rivals - October 2 at 12:22 PM logoCritical Comparison: Gladstone Land Corporation (LAND) versus Its Rivals - September 29 at 2:30 AM logo$0.16 EPS Expected for Gladstone Land Corporation (LAND) This Quarter - September 28 at 4:20 PM logoGladstone Land Corporation (LAND) & Its Competitors Head-To-Head Analysis - September 26 at 8:22 PM logoLadenburg Thalmann Financial Services Reaffirms "Buy" Rating for Gladstone Land Corporation (LAND) - September 18 at 4:34 PM logoReminder: Gladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock Goes Ex-Dividend Soon - September 17 at 12:33 AM logoGladstone Land Corporation (LAND) vs. CorEnergy Infrastructure Trust (CORR) Financial Analysis - September 14 at 2:28 PM logoGladstone Land Corporation (LAND) and Its Rivals Head-To-Head Review - September 14 at 10:33 AM logoGladstone Land Announces Minimal Damage From Hurricane Irma to Its Florida Farms - September 14 at 7:02 AM logoContrasting Gladstone Land Corporation (LAND) & The Competition - September 13 at 8:10 PM logoAnalyzing Gladstone Land Corporation (LAND) and The Competition - September 13 at 10:16 AM logoAnalyzing Gladstone Land Corporation (LAND) and Farmland Partners (FPI) - September 12 at 9:02 AM logoCritical Contrast: Gladstone Land Corporation (LAND) & Anworth Mortgage Asset Corporation (ANH) - September 12 at 6:34 AM logoGladstone Land Acquires Organic Farm in Washington State for $9.5 Million - September 11 at 10:05 PM logoBRIEF-Gladstone Land Corporation announces pricing of common stock offering - September 9 at 7:45 PM logo Brokerages Expect Gladstone Land Corporation (LAND) to Announce $0.16 EPS - September 9 at 6:20 PM logoTEPCO and Landis+Gyr Sign Agreement to Explore Future Options for Leveraging IoT Network - September 7 at 2:26 AM logoBRIEF-Gladstone Land acquires Vineyard in California for $5.4 mln - September 5 at 3:47 PM logoGladstone Land (LAND) Reports Acquisition of Vineyard in Santa Barbara, CA for $5.4M - September 5 at 3:47 PM logoGladstone Land Acquires Vineyard in California for $5.4 Million - September 5 at 9:08 AM logoLandis+Gyr & Tata Power-DDL Partner to Deploy Smart Metering Infrastructure in Delhi - September 4 at 7:09 PM logoGladstone Land Corp (LAND) & Drive Shack (DS) Head-To-Head Survey - August 31 at 12:23 AM logoReviewing InfraREIT (HIFR) and Gladstone Land Corporation (LAND) - August 28 at 6:18 PM logoGladstone Land Corp. : LAND-US: Dividend Analysis : August 21st, 2017 (record date) : By the numbers : August 25, 2017 - August 26 at 6:43 AM logoCyrusOne (CONE) & Gladstone Land Corporation (LAND) Critical Comparison - August 25 at 9:02 AM logoLandis+Gyr Receives ISO Certification for Business Continuity - August 17 at 1:21 AM logoGladstone Land Reaches Analyst Target Price - August 16 at 5:04 AM logoGladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock About To Put More Money In Your Pocket - August 16 at 5:04 AM logoCity & Land Developers, Inc. : Overvalued relative to peers, but may deserve another look - August 16 at 5:04 AM logoLandis+Gyr Comments on Toshiba Earnings Results - August 14 at 4:51 AM logoFinancial Survey: Jernigan Capital (JCAP) and Gladstone Land Corporation (LAND) - August 13 at 2:24 PM logoEdited Transcript of LAND earnings conference call or presentation 9-Aug-17 12:30pm GMT - August 10 at 1:25 AM logoGladstone Land Acquires Vegetable Farm in Florida for $9.7 Million - August 10 at 1:25 AM



Gladstone Land Corporation (LAND) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by Staff

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