Gladstone Land Corp Company Profile (NASDAQ:LAND)

About Gladstone Land Corp

Gladstone Land Corp logoGladstone Land Corporation is an externally-managed, agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company's segment is farmland and farm-related properties. The Company is engaged in leasing its farms to independent farming operations and corporate farming operations. The Company owns approximately 43 farms consisting of over 16,810 total acres across six states in the United States (Arizona, California, Florida, Michigan, Nebraska and Oregon). The Company also owns approximately three cooling facilities and one facility utilized for the storage and assembly of boxes for shipping produce (a box barn). These properties are leased to approximately 33 different, unrelated tenants that are either independent or corporate farming operations. It also leases a small parcel on one of its properties to an oil company. Its properties include San Andreas, West Gonzales, West Beach, Dalton Lane and Keysville Road.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: LAND
  • CUSIP:
Key Metrics:
  • Previous Close: $12.81
  • 50 Day Moving Average: $12.06
  • 200 Day Moving Average: $11.19
  • 52-Week Range: $8.31 - $12.88
  • Trailing P/E Ratio: 168.55
  • Foreward P/E Ratio: 55.70
  • P/E Growth: 63.30
  • Market Cap: $128.41M
  • Outstanding Shares: 10,024,000
  • Beta: 0.98
Profitability:
  • Net Margins: 4.80%
  • Return on Equity: 0.92%
  • Return on Assets: 0.28%
Debt:
  • Debt-to-Equity Ratio: 2.20%
  • Current Ratio: 1.08%
  • Quick Ratio: 1.08%
Additional Links:
Companies Related to Gladstone Land Corp:

Analyst Ratings

Consensus Ratings for Gladstone Land Corp (NASDAQ:LAND) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Gladstone Land Corp (NASDAQ:LAND)
Show:
DateFirmActionRatingPrice TargetDetails
8/15/2016JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
12/3/2015Janney Montgomery ScottInitiated CoverageBuy$10.50View Rating Details
8/10/2015Maxim GroupReiterated RatingBuy$15.00 -> $14.00View Rating Details
2/26/2015Oppenheimer Holdings, Inc.Set Price TargetBuy$13.00View Rating Details
2/26/2015Hilliard LyonsUpgradeNeutral -> BuyView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Gladstone Land Corp (NASDAQ:LAND)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
5/2/2016Q1$0.03$0.02ViewListenView Earnings Details
2/23/2016Q415$0.01$0.04$3.43 million$3.41 millionViewListenView Earnings Details
11/3/2015Q315$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$2.50 millionViewListenView Earnings Details
2/24/2015Q414$0.02$0.16$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$0.06$0.07ViewN/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)

Estimates

Earnings Estimates for Gladstone Land Corp (NASDAQ:LAND)
Current Year EPS Consensus Estimate: $0.02 EPS
Next Year EPS Consensus Estimate: $0.23 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.13$0.15$0.14
Q2 20161$0.14$0.14$0.14
Q3 20161$0.13$0.13$0.13
Q4 20161$0.15$0.15$0.15
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)

Dividends

Current Dividend Information for Gladstone Land Corp (NASDAQ:LAND)
Annual Dividend:$0.52
Dividend Yield:4.06%
Payout Ratio:742.86% (Based on Trailing 12 Months of Earnings)
2,600.00% (Based on Current Year Consensus EPS Estimate)
226.09% (Based on Next Year Consensus EPS Estimate)

Dividend History for Gladstone Land Corp (NASDAQ:LAND)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/11/2017monthly$0.044.51%3/20/20173/22/20173/31/2017
1/11/2017monthly$0.044.51%2/14/20172/16/20172/28/2017
1/11/2017monthly$0.044.51%1/18/20171/20/20171/31/2017
10/12/2016monthly$0.044.91%12/16/201612/20/201612/30/2016
10/12/2016monthly$0.044.91%11/15/201611/17/201611/30/2016
10/12/2016monthly$0.044.91%10/19/201610/21/201610/31/2016
7/13/2016monthly$0.044.46%8/18/20168/22/20168/31/2016
7/13/2016monthly$0.044.46%9/19/20169/21/20169/30/2016
7/13/2016monthly$0.044.46%7/20/20167/22/20168/2/2016
4/13/2016monthly$0.044.92%6/15/20166/17/20166/30/2016
4/13/2016monthly$0.044.92%5/17/20165/19/20165/31/2016
4/13/2016monthly$0.044.92%4/20/20164/22/20165/2/2016
1/13/2016monthly$0.046.08%2/16/20162/18/20162/29/2016
1/13/2016monthly$0.046.08%3/17/20163/21/20163/31/2016
1/13/2016monthly$0.046.08%1/20/20161/22/20162/2/2016
10/15/2015monthly$0.045.16%10/22/201510/26/201511/4/2015
10/15/2015monthly$0.045.16%12/16/201512/18/201512/31/2015
10/15/2015monthly$0.045.16%11/13/201511/17/201511/30/2015
7/16/2015monthly$0.044.47%9/17/20159/21/20159/30/2015
7/16/2015monthly$0.044.47%8/18/20158/20/20158/31/2015
7/14/2015monthly$0.044.47%7/22/20157/24/20158/4/2015
4/15/2015monthly$0.043.91%6/17/20156/19/20156/30/2015
4/15/2015monthly$0.043.91%5/15/20155/19/20155/29/2015
4/15/2015monthly$0.043.91%4/22/20154/24/20155/5/2015
1/14/2015monthly$0.043.87%3/18/20153/20/20153/31/2015
1/14/2015monthly$0.043.87%2/13/20152/18/20152/27/2015
1/14/2015monthly$0.043.87%1/21/20151/23/20152/3/2015
10/8/2014monthly$0.033.02%12/17/201412/19/201412/31/2014
10/8/2014monthly$0.033.02%11/13/201411/17/201411/26/2014
10/7/2014oct 14$0.033.02%10/20/201410/22/201410/31/2014
7/17/2014monthly$0.032.96%8/18/20148/20/20148/29/2014
7/17/2014monthly$0.032.96%9/17/20149/19/20149/30/2014
7/15/2014jul 14$0.032.96%7/23/20147/25/20148/5/2014
4/9/2014monthly$0.032.76%5/16/20145/20/20145/30/2014
4/9/2014monthly$0.032.76%6/17/20146/19/20146/30/2014
4/8/2014apr 14$0.032.76%4/16/20144/21/20144/30/2014
1/7/2014$0.033/13/20143/17/20143/31/2014
1/7/2014$0.032/14/20142/19/20142/28/2014
1/7/2014jan 14$0.031/17/20141/22/20141/31/2014
12/4/2013special$0.338.83%12/12/201312/16/201312/31/2013
10/9/2013monthly$0.128.98%10/18/201310/22/201310/31/2013
10/9/2013monthly$0.128.98%11/12/201311/14/201311/29/2013
10/9/2013monthly$0.128.98%12/12/201312/16/201312/31/2013
10/8/2013oct 13$0.1210/18/201310/22/201310/31/2013
7/10/2013monthly$0.128.94%7/17/20137/19/20137/31/2013
7/10/2013monthly$0.128.94%9/16/20139/18/20139/30/2013
7/10/2013monthly$0.128.94%8/19/20138/21/20138/30/2013
7/9/2013jul 13$0.127/17/20137/19/20137/31/2013
4/10/2013monthly$0.128.66%5/16/20135/20/20135/31/2013
4/10/2013monthly$0.128.66%6/17/20136/19/20136/28/2013
4/10/2013monthly$0.128.66%4/18/20134/22/20134/30/2013
4/9/2013apr 13$0.124/18/20134/22/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Gladstone Land Corp (NASDAQ:LAND)
Insider Ownership Percentage: 21.67%
Institutional Ownership Percentage: 25.88%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Gladstone Land Corp (NASDAQ:LAND)
DateHeadline
News IconPrice Target Reviews on Workiva Inc. (NYSE:WK) Gladstone Land ... - Sherwood Daily (NASDAQ:LAND)
sherwooddaily.com - February 24 at 7:28 PM
News IconAlon USA Energy, Inc. (ALJ) to Release Earnings on Thursday (NASDAQ:LAND)
www.graffiotech.com - February 23 at 11:15 PM
News IconUrban sprawl drives up some, but not all, US farmland rent (NASDAQ:LAND)
www.agrimoney.com - February 23 at 6:15 PM
News IconGladstone Land Corporation (NASDAQ:LAND) To Report $0.14 According to Consensus - Winfield Review (NASDAQ:LAND)
winfieldreview.com - February 23 at 5:22 AM
News IconAre Analysts Optimistic About Where Gladstone Land Corporation (NASDAQ:LAND) is Heading? - Winfield Review (NASDAQ:LAND)
winfieldreview.com - February 23 at 5:22 AM
News IconEarnings According to Analysts for Gladstone Land Corporation (NASDAQ:LAND)? - Aiken Advocate (NASDAQ:LAND)
aikenadvocate.com - February 23 at 5:22 AM
4-traders.com logoGladstone Land Corporation (NASDAQ:LAND) Files An 8-K Results of Operations and Financial Condition (NASDAQ:LAND)
www.4-traders.com - February 22 at 11:25 PM
us.rd.yahoo.com logoEdited Transcript of LAND earnings conference call or presentation 22-Feb-17 1:30pm GMT (NASDAQ:LAND)
us.rd.yahoo.com - February 22 at 11:25 PM
seekingalpha.com logoGladstone Land's (LAND) CEO David Gladstone on Q4 2016 Results - Earnings Call Transcript (NASDAQ:LAND)
seekingalpha.com - February 22 at 6:24 PM
capitalcube.com logoCity & Land Developers, Inc. : Undervalued relative to peers, but don’t ignore the other factors (NASDAQ:LAND)
www.capitalcube.com - February 22 at 6:24 PM
4-traders.com logoGladstone Land : reports 4Q results (NASDAQ:LAND)
www.4-traders.com - February 22 at 12:20 PM
biz.yahoo.com logoQ4 2016 Gladstone Land Corp Earnings Release - After Market Close (NASDAQ:LAND)
us.rd.yahoo.com - February 22 at 12:20 PM
us.rd.yahoo.com logoGladstone Land Announces Fourth Quarter and Year End 2016 Results (NASDAQ:LAND)
us.rd.yahoo.com - February 22 at 12:20 PM
biz.yahoo.com logoGLADSTONE LAND CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LAND)
us.rd.yahoo.com - February 22 at 12:20 PM
sg.finance.yahoo.com logoGladstone reports 4Q results (NASDAQ:LAND)
sg.finance.yahoo.com - February 22 at 12:20 PM
biz.yahoo.com logoGladstone Land Corp Earnings Call scheduled for 8:30 am ET today (NASDAQ:LAND)
biz.yahoo.com - February 22 at 12:20 PM
finance.yahoo.com logoGladstone Land Corporation Earnings Call and Webcast Information (NASDAQ:LAND)
finance.yahoo.com - February 16 at 4:56 PM
thestreet.com logoEx-Div Reminder For Gladstone Land (LAND) (NASDAQ:LAND)
www.thestreet.com - February 10 at 7:02 PM
News IconSell-side Taking Aim at Shares of Gladstone Land Corporation (NASDAQ:LAND) - Aiken Advocate (NASDAQ:LAND)
aikenadvocate.com - February 10 at 12:15 AM
News IconGladstone Land's Crop Types and Geographic Focus Continue to Outperform - EconoTimes (NASDAQ:LAND)
www.econotimes.com - February 10 at 12:15 AM
globenewswire.com logoGladstone Land's Crop Types and Geographic Focus Continue to ... - GlobeNewswire (press release) (NASDAQ:LAND)
globenewswire.com - February 10 at 12:15 AM
News IconGetting to Know Gladstone Land Corporation's David Gladstone - And Now U Know (NASDAQ:LAND)
www.andnowuknow.com - February 4 at 6:14 PM
globenewswire.com logoGladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates - GlobeNewswire (press release) (NASDAQ:LAND)
globenewswire.com - January 31 at 7:03 PM
finance.yahoo.com logoGladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates (NASDAQ:LAND)
finance.yahoo.com - January 31 at 7:03 PM
News IconGladstone Land Comments on Recent California Rain | And Now U ... - And Now U Know (NASDAQ:LAND)
www.andnowuknow.com - January 31 at 4:57 AM
News IconUpward Mounting Stock Reaches New Heights: Gladstone Land Corporation (NASDAQ:LAND) - Wall Street Beacon (NASDAQ:LAND)
wsbeacon.com - January 31 at 4:57 AM
News IconAre Insiders Bumping Up Their Positions in Gladstone Land Corporation (NASDAQ:LAND) - Wall Street Beacon (NASDAQ:LAND)
wsbeacon.com - January 31 at 4:57 AM
News Icon2017 may be California's wettest year on record (NASDAQ:LAND)
www.freshplaza.com - January 30 at 10:18 AM
globenewswire.com logoRecord Rainfall in California is Great News for Farmers Nasdaq:LAND - GlobeNewswire (press release) (NASDAQ:LAND)
globenewswire.com - January 26 at 8:00 PM
News IconEarnings in Full Force, Analysts Take Aim at Gladstone Land Corporation (NASDAQ:LAND) - Wall Street Beacon (NASDAQ:LAND)
wsbeacon.com - January 26 at 8:00 PM
finance.yahoo.com logoRecord Rainfall in California is Great News for Farmers (NASDAQ:LAND)
finance.yahoo.com - January 26 at 8:00 PM
News IconAre Insiders Filling Their Own Pockets With Shares? Insider Update on Gladstone Land Corporation (NASDAQ:LAND) - Wall Street Beacon (NASDAQ:LAND)
wsbeacon.com - January 24 at 6:55 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Gladstone Land Corporation (NASDAQ:LAND) - Wall Street Beacon (NASDAQ:LAND)
wsbeacon.com - January 22 at 11:03 PM
News IconIs This Stock Fairly Valued Heading Into Earnings Season: Gladstone Land Corporation (NASDAQ:LAND) - Aiken Advocate (NASDAQ:LAND)
aikenadvocate.com - January 20 at 4:32 PM
biz.yahoo.com logoGLADSTONE LAND CORP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a Direct Fina (NASDAQ:LAND)
biz.yahoo.com - January 19 at 8:01 PM
News IconNew way for Gladstone job seekers to gain skills in growing industry (NASDAQ:LAND)
www.gladstoneobserver.com.au - January 18 at 4:38 AM
News IconGladstone Land buys $54 million in organic farmland (NASDAQ:LAND)
www.thepacker.com - January 17 at 11:37 PM
reuters.com logoBRIEF-Gladstone Land acquires farm in Florida for $54 million (NASDAQ:LAND)
www.reuters.com - January 14 at 12:30 AM
News IconGladstone Land acquires Southern Florida organic farmland for $54m (NASDAQ:LAND)
www.poandpo.com - January 14 at 12:30 AM
capitalcube.com logoGladstone Land Corp. : LAND-US: Dividend Analysis : December 20th, 2016 (record date) : By the numbers : January 12, 2017 (NASDAQ:LAND)
www.capitalcube.com - January 12 at 6:45 PM
finance.yahoo.com logoGladstone Land Acquires Farm in Florida for $54 Million (NASDAQ:LAND)
finance.yahoo.com - January 12 at 6:45 PM
capitalcube.com logoETFs with exposure to Gladstone Land Corp. : January 11, 2017 (NASDAQ:LAND)
www.capitalcube.com - January 11 at 6:51 PM
reuters.com logoBRIEF-Gladstone Land increases its monthly cash distributions for Jan, Feb, March 2017 (NASDAQ:LAND)
www.reuters.com - January 10 at 7:05 PM
finance.yahoo.com logoGladstone Land Increases its Monthly Cash Distributions for January, February and March, 2017 (NASDAQ:LAND)
finance.yahoo.com - January 10 at 7:05 PM
finance.yahoo.com logo4:23 pm Gladstone Land raises monthly distribution +1.2% to $0.043/share (NASDAQ:LAND)
finance.yahoo.com - January 10 at 7:05 PM
biz.yahoo.com logoGLADSTONE LAND CORP Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (NASDAQ:LAND)
us.rd.yahoo.com - January 4 at 2:54 AM
einnews.com logoSP Plus Corporation Announces Participation in the 2017 ICR Conference (NASDAQ:LAND)
brazilbusiness.einnews.com - January 3 at 9:53 PM
streetinsider.com logoGladstone Land (LAND) Acquires 16.6K Acres of Farmland in Colorado (NASDAQ:LAND)
www.streetinsider.com - January 3 at 9:53 PM
publicnow.com logoGladstone Land Acquires Farmland in Colorado (NASDAQ:LAND)
www.publicnow.com - January 3 at 9:53 PM
capitalcube.com logoETFs with exposure to Gladstone Land Corp. : December 30, 2016 (NASDAQ:LAND)
www.capitalcube.com - December 30 at 6:37 PM

Social

What is Gladstone Land Corp's stock symbol?

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

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

Gladstone Land Corp declared a monthly dividend on Wednesday, January 11th. Stockholders of record on Wednesday, March 22nd will be given a dividend of $0.043 per share on Friday, March 31st. This represents a $0.52 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Monday, March 20th.

When will Gladstone Land Corp announce their earnings?

Gladstone Land Corp is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Gladstone Land Corp stock?

Gladstone Land Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.76%), Bard Associates Inc. (1.35%), Diligent Investors LLC (0.98%), Horizon Kinetics LLC (0.89%), Credit Agricole S A (0.66%) and Dimensional Fund Advisors LP (0.59%). Company insiders that own Gladstone Land Corp stock include Caren D Merrick, David Gladstone, John Dellafiora, Lewis Parrish, Paul W Adelgren and Walter H Wilkinson.

Who sold Gladstone Land Corp stock? Who is selling Gladstone Land Corp stock?

Gladstone Land Corp's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, Bard Associates Inc. and Renaissance Technologies LLC.

Who bought Gladstone Land Corp stock? Who is buying Gladstone Land Corp stock?

Gladstone Land Corp's stock was acquired by a variety of institutional investors in the last quarter, including Diligent Investors LLC, Horizon Kinetics LLC and Dimensional Fund Advisors LP. Company insiders that have bought Gladstone Land Corp stock in the last two years include Caren D Merrick, David Gladstone, John Dellafiora, Lewis Parrish, Paul W Adelgren and Walter H Wilkinson.

How do I buy Gladstone Land Corp stock?

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

How much does a share of Gladstone Land Corp stock cost?

One share of Gladstone Land Corp stock can currently be purchased for approximately $12.81.

Gladstone Land Corp (NASDAQ:LAND) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Gladstone Land Corp (NASDAQ:LAND)

Earnings History Chart

Earnings by Quarter for Gladstone Land Corp (NASDAQ:LAND)

Dividend History Chart

Dividend Payments by Quarter for Gladstone Land Corp (NASDAQ:LAND)

Last Updated on 2/24/2017 by MarketBeat.com Staff