NASDAQ:LAND

Gladstone Land Stock Forecast, Price & News

$24.33
-0.46 (-1.86 %)
(As of 06/18/2021 12:00 AM ET)
Add
Compare
Today's Range
$24.22
$24.65
50-Day Range
$19.64
$25.30
52-Week Range
$13.55
$26.04
Volume416,553 shs
Average Volume346,800 shs
Market Capitalization$714.26 million
P/E RatioN/A
Dividend Yield2.18%
Beta0.64
30 days | 90 days | 365 days | Advanced Chart
Receive LAND News and Ratings via Email

Sign-up to receive the latest news and ratings for Gladstone Land and its competitors with MarketBeat's FREE daily newsletter.


Gladstone Land logo

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.59 out of 5 stars

Finance Sector

613th out of 1,969 stocks

Real Estate Investment Trusts Industry

149th out of 275 stocks

Analyst Opinion: 1.4Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Gladstone Land (NASDAQ:LAND) Frequently Asked Questions

Is Gladstone Land a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Land in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Gladstone Land stock.
View analyst ratings for Gladstone Land
or view top-rated stocks.

What stocks does MarketBeat like better than Gladstone Land?

Wall Street analysts have given Gladstone Land a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Gladstone Land wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Gladstone Land?

Gladstone Land saw a increase in short interest in May. As of May 28th, there was short interest totaling 918,600 shares, an increase of 78.6% from the May 13th total of 514,400 shares. Based on an average daily trading volume, of 385,800 shares, the days-to-cover ratio is currently 2.4 days. Approximately 3.5% of the company's stock are short sold.
View Gladstone Land's Short Interest
.

When is Gladstone Land's next earnings date?

Gladstone Land is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Gladstone Land
.

How were Gladstone Land's earnings last quarter?

Gladstone Land Co. (NASDAQ:LAND) posted its quarterly earnings data on Wednesday, May, 12th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.22. Gladstone Land had a negative net margin of 1.29% and a negative trailing twelve-month return on equity of 0.21%.
View Gladstone Land's earnings history
.

How has Gladstone Land's stock price been impacted by COVID-19 (Coronavirus)?

Gladstone Land's stock was trading at $12.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LAND shares have increased by 91.7% and is now trading at $24.33.
View which stocks have been most impacted by COVID-19
.

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

Gladstone Land declared a monthly dividend on Friday, April 16th. Stockholders of record on Friday, June 18th will be given a dividend of $0.045 per share on Wednesday, June 30th. This represents a $0.54 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Thursday, June 17th.
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 2.18%. Gladstone Land has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Gladstone Land is 84.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Gladstone Land will have a dividend payout ratio of 71.05% next year. This indicates that Gladstone Land will be able to sustain or increase its dividend.
View Gladstone Land's dividend history.

What price target have analysts set for LAND?

5 equities research analysts have issued 12 month target prices for Gladstone Land's stock. Their forecasts range from $16.50 to $25.00. On average, they anticipate Gladstone Land's stock price to reach $20.50 in the next year. This suggests that the stock has a possible downside of 15.7%.
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 79)
  • Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 77)
  • Mr. Lewis Parrish, CFO & Assistant Treasurer (Age 42, Pay $71.9k)
  • Ms. Karin McLaughlin, Investor Relations Specialist
  • Mr. John Anthony Dellafiora Jr., Chief Compliance Officer
  • Mr. Michael Bernard LiCalsi, Gen. Counsel & Sec. (Age 51)
  • Mr. William Reiman, Exec. VP of West Coast Operations (Age 51)
  • Ms. Jennifer A. Smith, Chief Valuation Officer
  • Mr. William Frisbie, Exec. VP of East Coast Operations
  • Mr. Jay Beckhorn, Treasurer (Age 59)

Who are some of Gladstone Land's key 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.97%), Geode Capital Management LLC (1.57%), Amundi Asset Management US Inc. (1.04%), Northern Trust Corp (0.95%), Janney Montgomery Scott LLC (0.94%) and Morgan Stanley (0.80%). Company insiders that own Gladstone Land stock include David Gladstone, Lewis Parrish, Michael Licalsi, Michela A English and Paul W Adelgren.
View institutional ownership trends for Gladstone Land
.

Which major investors are selling Gladstone Land stock?

LAND stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Amundi Asset Management US Inc., Northern Trust Corp, Morgan Stanley, Allianz Asset Management GmbH, WESPAC Advisors LLC, and Sei Investments Co..
View insider buying and selling activity for Gladstone Land
or view top insider-selling stocks.

Which major investors are buying Gladstone Land stock?

LAND stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Clark Capital Management Group Inc., Usca Ria LLC, Nuveen Asset Management LLC, Thrivent Financial for Lutherans, International Assets Investment Management LLC, Victory Capital Management Inc., and Geode Capital Management LLC. Company insiders that have bought Gladstone Land stock in the last two years include David Gladstone, Lewis Parrish, Michael Licalsi, and Paul W Adelgren.
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 $24.33.

How much money does Gladstone Land make?

Gladstone Land has a market capitalization of $714.26 million and generates $57.03 million in revenue each year. The real estate investment trust earns $4.93 million in net income (profit) each year or $0.64 on an earnings per share basis.

What is Gladstone Land's official website?

The official website for Gladstone Land is www.gladstoneland.com.

Where are Gladstone Land's headquarters?

Gladstone Land is headquartered at 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102.

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]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.