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 June 1, 2017, the Company owned 63 farms, including 57,593 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 - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:LAND
  • CUSIP: N/A
  • Web:
  • Market Cap: $138.65 million
  • Outstanding Shares: 11,851,000
Average Prices:
  • 50 Day Moving Avg: $11.43
  • 200 Day Moving Avg: $11.51
  • 52 Week Range: $9.51 - $12.89
  • Trailing P/E Ratio: 325.00
  • Foreward P/E Ratio: 16.48
  • P/E Growth: 13.02
Sales & Book Value:
  • Annual Revenue: $19.38 million
  • Price / Sales: 7.15
  • Book Value: $7.97 per share
  • Price / Book: 1.47
  • Annual Dividend: $0.53
  • Dividend Yield: 4.5%
  • EBIDTA: $13.92 million
  • Net Margins: 2.10%
  • Return on Equity: 0.45%
  • Return on Assets: 0.12%
  • Debt-to-Equity Ratio: 2.27%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
  • Average Volume: 35,770 shs.
  • Beta: 1.03
  • Short Ratio: 5.34
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, July 12th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.044 per share on Friday, September 29th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Tuesday, September 19th. View Gladstone Land Corporation's Dividend History.

How were Gladstone Land Corporation's earnings last quarter?

Gladstone Land Corporation (NASDAQ:LAND) announced its quarterly earnings results on Monday, May, 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.01. The company had revenue of $3.68 million for the quarter, compared to analysts' expectations of $3.72 million. Gladstone Land Corporation had a return on equity of 0.45% and a net margin of 2.10%. View Gladstone Land Corporation's Earnings History.

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

3 brokers have issued twelve-month price objectives for Gladstone Land Corporation's stock. Their predictions range from $14.25 to $14.25. On average, they expect Gladstone Land Corporation's stock price to reach $14.25 in the next year. 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 $11.70.

MarketBeat Community Rating for Gladstone Land Corporation (NASDAQ LAND)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  161
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: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $14.25 (21.79% upside)

Analysts' Ratings History for Gladstone Land Corporation (NASDAQ:LAND)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/28/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuyMediumView 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
8/10/2015Maxim GroupReiterated RatingBuy$15.00 -> $14.00N/AView Rating Details
(Data available from 7/24/2015 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
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:9/29/2017
Annual Dividend:$0.53
Dividend Yield:4.53%
Payout Ratio:1,325.33% (Trailing 12 Months of Earnings)
82.81% (Based on This Year's Estimates)
74.65% (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: 24.02%
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 logoToshiba's Electricity Metering Business Landis+Gyr Fails to Spark Following IPO - July 22 at 5:55 AM logoBRIEF-Gladstone Land buys pistachio, almond farms in California for $13.6 mln - July 19 at 2:35 AM logoGladstone Land Acquires Pistachio and Almond Farms in California for $13.6 Million - July 18 at 6:08 AM logo$0.18 EPS Expected for Gladstone Land Corporation (NASDAQ:LAND) This Quarter - July 12 at 8:44 PM logoGladstone Land Corporation (LAND) Announces $0.04 Monthly Dividend - July 12 at 4:54 PM logoGladstone Land Corporation to Issue Monthly Dividend of $0.04 (NASDAQ:LAND) - July 12 at 4:54 PM logoGladstone Land Corporation (NASDAQ:LAND) Raises Dividend to $0.04 Per Share - July 12 at 4:22 PM logoGladstone Land Announces Monthly Cash Distributions for July, August and September 2017 and Announces Earnings Release and Conference Call Dates for the Second Quarter Ended June 30, 2017 - July 12 at 2:13 AM logoGladstone Land Corporation's (LAND) "Buy" Rating Reaffirmed at Ladenburg Thalmann Financial Services - June 28 at 8:16 AM logoGladstone Land Corp. : LAND-US: Dividend Analysis : June 21st, 2017 (record date) : By the numbers : June 20, 2017 - June 20 at 7:11 PM logo$0.18 Earnings Per Share Expected for Gladstone Land Corporation (LAND) This Quarter - June 16 at 8:46 PM logoGladstone Land Corporation (LAND) CEO David Gladstone Purchases 20,000 Shares - June 16 at 1:24 PM logoGladstone Land Corp (LAND) Cut to "Hold" at Zacks Investment Research - June 10 at 7:28 AM logoGladstone Land Acquires Organic Farmland in North Carolina for $2.2 million - June 5 at 9:52 AM logoBRIEF-Gladstone Land acquires organic farmland in North Carolina for $2.2 mln - June 5 at 9:52 AM logoGladstone Land Acquires Organic Farmland in North Carolina for $2.2 million - June 5 at 9:52 AM logoBRIEF-Gladstone Land acquires farms in Arizona for $27.5 million - June 2 at 12:05 AM logoGladstone Land (LAND) Announces $27.5M Acquisition of Farms in Arizona - June 2 at 12:05 AM logoGladstone Land Acquires Farms in Arizona for $27.5 Million - June 1 at 7:04 PM logoZacks Investment Research Downgrades Gladstone Land Corp (LAND) to Hold - May 30 at 11:26 PM logoKey Reasons for Optimism on REITs - May 24 at 11:12 AM logoGladstone Land Corp. : LAND-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 19, 2017 - May 19 at 5:58 PM logoZacks: Analysts Anticipate Gladstone Land Corp (LAND) Will Announce Earnings of $0.18 Per Share - May 19 at 10:28 AM logoSingular Research Begins Coverage on Gladstone Land Corp (LAND) - May 18 at 3:28 PM logoEdited Transcript of LAND earnings conference call or presentation 10-May-17 12:30pm GMT - May 15 at 5:40 PM logoGladstone Land Corp's (LAND) CEO David Gladstone on Q1 2017 Results - Earnings Call Transcript - May 11 at 6:43 PM logoBRIEF-Gladstone Land Corp reports qtrly total operating revenues $ 5.8 million - May 10 at 12:55 PM logoInvestor Network: Gladstone Land Corp. to Host Earnings Call - May 10 at 12:55 PM logoGladstone reports 1Q results - May 9 at 7:04 PM logoGladstone Land Announces First Quarter 2017 Results - May 9 at 6:00 PM logoGladstone Land Corp (LAND) Receives Daily Media Impact Rating of 0.19 - May 4 at 7:01 PM logoGladstone Land Corp (LAND) Sees Large Growth in Short Interest - May 2 at 11:42 PM logoGladstone Land Corp (LAND) Given Daily Coverage Optimism Rating of 0.56 - May 1 at 10:41 AM logoGladstone Land Corp (LAND) Earns Media Sentiment Score of 0.34 - April 28 at 12:36 AM logoGladstone Land Corp (LAND) Receiving Favorable Media Coverage, Study Finds - April 24 at 3:20 PM logoGladstone Land Corp. : LAND-US: Dividend Analysis : April 21st, 2017 (record date) : By the numbers : April 20, 2017 - April 20 at 6:18 PM logoGladstone Land Corp (LAND) Earns Daily News Impact Score of 0.44 - April 17 at 9:10 AM logoGladstone Land Corp (LAND) to Issue Dividend Increase - $0.04 Per Share - April 12 at 5:03 PM logoGladstone Land Corp (LAND) Plans Monthly Dividend of $0.04 - April 12 at 5:03 PM logoGladstone Land Corp (LAND) Declares $0.04 Monthly Dividend - April 12 at 5:02 PM logoGladstone Land Increases its Monthly Cash Distributions for April, May and June 2017 and Announces Earnings ... - GlobeNewswire (press release) - April 12 at 8:35 AM logoBRIEF-Gladstone Land raises monthly cash distributions for April, May And June 2017 - April 11 at 5:58 PM logoGladstone Land Corp. : LAND-US: Dividend Analysis : March 22nd, 2017 (record date) : By the numbers : April 10, 2017 - April 10 at 5:54 PM logo$5.5 Million in Sales Expected for Gladstone Land Corp (LAND) This Quarter - April 9 at 8:36 AM logoZacks: Analysts Anticipate Gladstone Land Corp (LAND) Will Announce Earnings of $0.16 Per Share - April 7 at 8:16 PM logoGladstone Land Vs. Farmland Partners: The Tortoise And The Hare - April 2 at 10:10 AM logoBRIEF-Gladstone Land files for mixed shelf of up to $300 mln - SEC filing - March 30 at 6:33 PM logoGladstone Land Corp (LAND) Upgraded to Hold at Zacks Investment Research - March 24 at 12:34 AM logoGladstone Land Corp (LAND) Rating Increased to Hold at Zacks Investment Research - March 21 at 11:58 AM logoGladstone Land Corporation Announces Presentation Times at Upcoming Conferences - March 13 at 4:28 PM



Gladstone Land Corporation (LAND) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff