NASDAQ:LAND

Gladstone Land (LAND) Stock Forecast, Price & News

$24.12

-1.72 (-6.66%)

(As of 05/18/2022 04:00 PM ET)

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Today's Range: $23.89
▼
$25.60
50-Day Range: $24.12
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$41.71
52-Week Range: $21.61
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$42.10

Volume: 589,106 shs
Average Volume: 347,618 shs
Market Capitalization: $825.15 million

P/E Ratio: N/A
Dividend Yield: 2.09%
Beta: 0.61

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About Gladstone Land

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 93 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year.

May 14, 2022 | americanbankingnews.com

Gladstone Land Co. Expected to Post Q2 2022 Earnings of $0.15 Per Share (NASDAQ:LAND)

May 12, 2022 | seekingalpha.com

Gladstone Land: Good Results, Good Potential, But Overpriced

May 11, 2022 | nasdaq.com

Gladstone Land is Now Oversold

May 10, 2022 | finanznachrichten.de

Gladstone Land Corporation: Gladstone Land Announces First Quarter 2022 Results

May 10, 2022 | finance.yahoo.com

Gladstone Land (LAND) Surpasses Q1 FFO Estimates

May 10, 2022 | seekingalpha.com

Gladstone Land Q1 2022 Earnings Preview

May 5, 2022 | finance.yahoo.com

Ventas (VTR) Surpasses Q1 FFO Estimates

May 3, 2022 | finance.yahoo.com

Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead

April 20, 2022 | markets.businessinsider.com

Jim Cramer Says This Stock Is A 'Winner'

April 19, 2022 | seekingalpha.com

BAML thinks Ag supply chain has run too far - downgrades ADM and BG

April 19, 2022 | nasdaq.com

Ex-Dividend Reminder: Gladstone Land, Pentair and nVent Electric

April 14, 2022 | nasdaq.com

Gladstone Land Corp Shares Approach 52-Week High - Market Mover

April 13, 2022 | finance.yahoo.com

Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2022 and First Quarter Ended March 31, 2022, Earnings Release and Conference Call Dates

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:LAND
Previous Symbol
CUSIP: N/A
CIK: 1495240
Web: www.gladstoneland.com
Phone: (703) 287-5914
Fax: 703-287-5801
Employees: N/A
Year Founded: N/A

Sales & Book Value

Annual Sales: $75.32 million
Price / Sales: 10.96
Cash Flow: $0.82 per share
Price / Cash Flow: 29.57
Book Value: $17.22 per share
Price / Book: 1.40

Profitability

EPS (Most Recent Fiscal Year): ($0.29)
Net Income: $3.49 million
Net Margins: 5.23%
Pretax Margin: 5.23%
Return on Equity: 0.74%
Return on Assets: 0.32%

Debt

Debt-to-Equity Ratio: 1.04
Current Ratio: 3.89
Quick Ratio: 3.89

Price-To-Earnings

Trailing P/E Ratio: N/A
Forward P/E Ratio: 30.92
P/E Growth: 5.78

Miscellaneous

Outstanding Shares: 34,210,000
Free Float: 31,682,000
Market Cap: $825.15 million
Optionable: Optionable

Company Calendar

Last Earnings: 2/21/2022
Today: 5/18/2022
Ex-Dividend for 5/31 Dividend: 5/19/2022
Dividend Payable: 5/31/2022
Ex-Dividend for 6/30 Dividend: 6/21/2022
Dividend Payable: 6/30/2022
Next Earnings (Estimated): 8/09/2022
Fiscal Year End: 12/31/2022

MarketRank^™

Overall MarketRank^™

2.27 out of 5 stars

Finance Sector

683rd out of 1,377 stocks

Real Estate Investment Trusts Industry

150th out of 235 stocks

2.1 Analyst's Opinion

Consensus Rating
Gladstone Land has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.00, Gladstone Land has a forecasted upside of 11.9% from its current price of $24.12.
Amount of Analyst Coverage
Gladstone Land has received no research coverage in the past 90 days.

4.7 Community Rank

Outperform Votes
Gladstone Land has received 354 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gladstone Land has received 145 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gladstone Land has received 70.94% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
Gladstone Land pays a meaningful dividend of 2.09%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Gladstone Land has been increasing its dividend for 8 years.
Dividend Sustainability
Based on earnings estimates, Gladstone Land will have a dividend payout ratio of 61.36% next year. This indicates that Gladstone Land will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gladstone Land insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.39% of the stock of Gladstone Land is held by insiders.
Percentage Held by Institutions
52.62% of the stock of Gladstone Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Gladstone Land are expected to grow by 12.82% in the coming year, from $0.78 to $0.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gladstone Land is -83.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gladstone Land is -83.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Gladstone Land has a PEG Ratio of 5.78. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gladstone Land has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Gladstone Land (NASDAQ:LAND) Frequently Asked Questions

Is Gladstone Land a buy right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gladstone Land in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Gladstone Land stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAND, but not buy additional shares or sell existing shares.
View analyst ratings for Gladstone Land or view top-rated stocks.
When is Gladstone Land's next earnings date?: Gladstone Land is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Gladstone Land.
How were Gladstone Land's earnings last quarter?: Gladstone Land Co. (NASDAQ:LAND) posted its earnings results on Monday, February, 21st. The real estate investment trust reported ($0.04) EPS for the quarter, meeting analysts' consensus estimates of ($0.04). Gladstone Land had a net margin of 5.23% and a trailing twelve-month return on equity of 0.74%. During the same quarter in the previous year, the business posted $0.15 EPS.
View Gladstone Land's earnings history.
How often does Gladstone Land pay dividends? What is the dividend yield for Gladstone Land?: Gladstone Land announced a monthly dividend on Friday, April 15th. Shareholders of record on Wednesday, June 22nd will be given a dividend of $0.0454 per share on Thursday, June 30th. This represents a $0.54 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Tuesday, June 21st.
View Gladstone Land's dividend history.
Is Gladstone Land a good dividend stock?: Gladstone Land pays an annual dividend of $0.54 per share and currently has a dividend yield of 2.09%.
View Gladstone Land's dividend history.
What price target have analysts set for LAND?: 5 equities research analysts have issued 12 month price objectives for Gladstone Land's shares. Their forecasts range from $24.00 to $32.00. On average, they expect Gladstone Land's share price to reach $27.00 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
View analysts' price targets for Gladstone Land or view top-rated stocks among Wall Street analysts.
Who are Gladstone Land's key executives?: Gladstone Land's management team includes the following people:
Mr. David John Gladstone, Founder, Chairman, CEO & Pres (Age 80)
Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 78)
Mr. Lewis Parrish, CFO & Assistant Treasurer (Age 43, Pay $71.9k)
Ms. Karin McLaughlin, Investor Relations Specialist
Mr. John Anthony Dellafiora Jr., CPA, Chief Compliance Officer
Mr. Michael Bernard LiCalsi Esq., J.D., Gen. Counsel & Sec. (Age 52)
Mr. William Reiman, Exec. VP of West Coast Operations (Age 52)
Ms. Jennifer A. Smith, Chief Valuation Officer
Mr. William Frisbie, Exec. VP of East Coast Operations
Mr. Jay Beckhorn, Treasurer (Age 60)
Who are some of Gladstone Land's key competitors?: Some companies that are related to Gladstone Land include LXP Industrial Trust (LXP), JBG SMITH Properties (JBGS), SITE Centers (SITC), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Pebblebrook Hotel Trust (PEB), Equity Commonwealth (EQC), Essential Properties Realty Trust (EPRT), Arbor Realty Trust (ABR), Macerich (MAC), National Health Investors (NHI), Uniti Group (UNIT), RLJ Lodging Trust (RLJ), Chimera Investment (CIM) and Retail Opportunity Investments (ROIC).
View all of LAND's competitors.
What other stocks do shareholders of Gladstone Land own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Land investors own include STAG Industrial (STAG), AT&T (T), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Gladstone Investment (GAIN), Gladstone Capital (GLAD), Alibaba Group (BABA), Ecopetrol (EC), Iron Mountain (IRM) and Simon Property Group (SPG).
What is Gladstone Land's stock symbol?: Gladstone Land trades on the NASDAQ under the ticker symbol "LAND."
Who are Gladstone Land's major shareholders?: Gladstone Land's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.72%), BlackRock Inc. (6.58%), State Street Corp (2.07%), Wellington Management Group LLP (1.18%), Northern Trust Corp (1.08%) and Janney Montgomery Scott LLC (0.73%).
View institutional ownership trends for Gladstone Land.
Which institutional investors are selling Gladstone Land stock?: LAND stock was sold by a variety of institutional investors in the last quarter, including B&I Capital AG, JPMorgan Chase & Co., Advisor Group Holdings Inc., EAM Investors LLC, Spire Wealth Management, Northern Trust Corp, WESPAC Advisors LLC, and Shufro Rose & Co. LLC.
View insider buying and selling activity for Gladstone Land or view top insider-selling stocks.
Which institutional investors are buying Gladstone Land stock?: LAND stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Vanguard Group Inc., State Street Corp, Allianz Asset Management GmbH, Prescott Group Capital Management L.L.C., Carnegie Capital Asset Management LLC, PEAK6 Investments LLC, and Renaissance Technologies LLC.
View insider buying and selling activity for Gladstone Land or or view top insider-buying stocks.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Gladstone Land's stock price today?: One share of LAND stock can currently be purchased for approximately $24.12.
How much money does Gladstone Land make?: Gladstone Land has a market capitalization of $825.15 million and generates $75.32 million in revenue each year. The real estate investment trust earns $3.49 million in net income (profit) each year or ($0.29) on an earnings per share basis.
What is Gladstone Land's official website?: The official website for Gladstone Land is www.gladstoneland.com.
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) 287-5914, via email at [email protected], or via fax at 703-287-5801.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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Gladstone Land (LAND) Stock Forecast, Price & News

About Gladstone Land

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

2.1 Analyst's Opinion

4.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

0.8 Company Ownership

1.3 Earnings and Valuation

Gladstone Land (NASDAQ:LAND) Frequently Asked Questions

30 Days of MarketBeat All Access for $1.00

Resources

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Investing Education and Resources

MarketRank^™

Overall MarketRank^™