Gladstone Land is a publicly-traded real estate investment trust that invests in farmland and farm-related properties located in major agricultural markets in the U.S., which it leases to unrelated third-party farmer-tenants. The Company reports the current fair value of its farmland on a quarterly basis; as of December 31, 2018, its estimated net asset value was $12.88 per share.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone703-287-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$36.69 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
Gladstone Land (NASDAQ:LAND) Frequently Asked Questions
What is Gladstone Land's stock symbol?
Gladstone Land trades on the NASDAQ under the ticker symbol "LAND."
How often does Gladstone Land pay dividends? What is the dividend yield for Gladstone Land?
Gladstone Land announced a monthly dividend on Tuesday, October 8th. Shareholders of record on Tuesday, October 22nd will be paid a dividend of $0.045 per share on Thursday, October 31st. This represents a $0.54 annualized dividend and a dividend yield of 4.54%. The ex-dividend date is Monday, October 21st. View Gladstone Land's Dividend History.
How were Gladstone Land's earnings last quarter?
Gladstone Land Corp (NASDAQ:LAND) issued its earnings results on Wednesday, August, 7th. The real estate investment trust reported ($0.04) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.16. The real estate investment trust had revenue of $8.36 million for the quarter. Gladstone Land had a net margin of 15.13% and a return on equity of 2.59%. View Gladstone Land's Earnings History.
When is Gladstone Land's next earnings date?
What price target have analysts set for LAND?
3 brokers have issued twelve-month price objectives for Gladstone Land's shares. Their predictions range from $13.50 to $15.00. On average, they expect Gladstone Land's stock price to reach $14.25 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Gladstone Land.
What is the consensus analysts' recommendation for Gladstone Land?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Land in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gladstone Land.
Has Gladstone Land been receiving favorable news coverage?
Media coverage about LAND stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gladstone Land earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Gladstone Land.
Are investors shorting Gladstone Land?
Gladstone Land saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 728,900 shares, a decline of 5.5% from the August 30th total of 771,100 shares. Based on an average daily volume of 132,500 shares, the days-to-cover ratio is currently 5.5 days. Currently, 4.0% of the company's stock are sold short. View Gladstone Land's Current Options Chain.
Who are some of Gladstone Land's key competitors?
Some companies that are related to Gladstone Land include Urstadt Biddle Properties (UBA), Community Healthcare Trust (CHCT), Investors Real Estate Trust Reit (IRET), Northstar Realty Europe (NRE), Chatham Lodging Trust (CLDT), istar (STAR), Washington Prime Group (WPG), Urstadt Biddle Properties (UBP), Ready Capital (RC), CAPSTEAD MTG CO/SH (CMO), Preferred Apartment Communities (APTS), City Office REIT (CIO), Corenergy Infrastructure Trust (CORR), UMH PROPERTIES/SH SH (UMH) and New Senior Investment Group (SNR).
What other stocks do shareholders of Gladstone Land own?
Who are Gladstone Land's key executives?
Gladstone Land's management team includes the folowing people:
- Mr. Lewis Parrish, CFO & Assistant Treasurer (Age 40)
- Mr. David John Gladstone, Founder, Chairman, CEO & Pres (Age 77)
- Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 75)
- Ms. Karin McLaughlin, Investor Relations Specialist
- Mr. John Anthony Dellafiora Jr., Chief Compliance Officer
Who are Gladstone Land's major shareholders?
Gladstone Land's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Coastal Investment Advisors Inc. (0.25%), Wedbush Securities Inc. (0.06%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Gladstone Land stock include David Gladstone, Jay Beckhorn and Walter H Wilkinson. View Institutional Ownership Trends for Gladstone Land.
Which institutional investors are selling Gladstone Land stock?
Which institutional investors are buying Gladstone Land stock?
LAND stock was acquired by a variety of institutional investors in the last quarter, including Coastal Investment Advisors Inc. and Nisa Investment Advisors LLC. Company insiders that have bought Gladstone Land stock in the last two years include David Gladstone, Jay Beckhorn and Walter H Wilkinson. View Insider Buying and Selling for Gladstone Land.
How do I buy shares of Gladstone Land?
Shares of LAND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Gladstone Land's stock price today?
One share of LAND stock can currently be purchased for approximately $11.89.
How big of a company is Gladstone Land?
Gladstone Land has a market capitalization of $247.43 million and generates $36.69 million in revenue each year. The real estate investment trust earns $2.63 million in net income (profit) each year or $0.51 on an earnings per share basis. View Additional Information About Gladstone Land.
What is Gladstone Land's official website?
How can I contact Gladstone Land?
Gladstone Land's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The real estate investment trust can be reached via phone at 703-287-5800 or via email at [email protected]
MarketBeat Community Rating for Gladstone Land (NASDAQ LAND)
MarketBeat's community ratings are surveys of what our community members think about Gladstone Land and other stocks. Vote "Outperform" if you believe LAND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LAND will underperform the S&P 500 over the long term. You may vote once every thirty days.
