Real Estate -
REIT - Industrial - NASDAQ - US
$ 9.46
-5.68 %
$ 342 M
Market Cap
-32.62
P/E
1. INTRINSIC VALUE
Balance Sheet
Gladstone Land Corporation
| Current Assets | 18.3 M |
| Cash & Short-Term Investments | 18.3 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 3.59 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 3.59 M |
| Current Liabilities | 25 M |
| Accounts Payable | 18.4 M |
| Short-Term Debt | 3.6 M |
| Other Current Liabilities | 2.97 M |
| Non-Current Liabilities | 600 M |
| Long-Term Debt | 524 M |
| Other Non-Current Liabilities | 76.1 M |
EFFICIENCY
Earnings Waterfall
Gladstone Land Corporation
| Revenue | 84.8 M |
| Cost Of Revenue | 0 |
| Gross Profit | 84.8 M |
| Operating Expenses | 5.33 M |
| Operating Income | 79.4 M |
| Other Expenses | 66.1 M |
| Net Income | 13.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Gladstone Land Corporation
| Net Income | 13.3 M |
| Depreciation & Amortization | 35.1 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -18.8 M |
| Others | -12.8 M |
| Free Cash Flow | 29.5 M |
Wall Street Analysts Price Targets
Gladstone Land Corporation
Wall Street analysts predict an average 1-year price target for LAND of $15 , with forecasts ranging from
a
low of
$14 to a high of $16 .
LAND Lowest Price Target
Wall Street Target
14 USD
47.99%
LAND Average Price Target
Wall Street Target
15 USD
58.56%
LAND Highest Price Target
Wall Street Target
16 USD
69.13%
4. DIVIDEND
ANALYSIS
2.84%
DIVIDEND YIELD
0.0467 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Gladstone Land Corporation
Sold
0-3 MONTHS
72.7 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Mousetraps: 9 High-Yield REITS With Potentially Unsafe Dividends
The recent sell-off has increased the temptation to reach for some of the many high-yield REITs, but beware of "mousetrap" REITs with unsustainable dividends. Dividend safety is crucial; a cut can lead to plummeting share prices and reduced income, leaving investors with significant losses. Seeking Alpha Premium's Dividend Safety score helps identify risky REITs; grades range from A+ (safe) to F (high risk of cuts).
seekingalpha.com
- 1 week ago
Retirement Income: Up To 8% Secure Yields From REIT Preferred Shares
Stocks and bonds are not enough for retirees anymore. REIT preferred shares can offer high and safe income. I highlight two of my favorite opportunities in today's market.
seekingalpha.com
- 3 weeks ago
Baby Bonds, Preferreds, And Helping Investors Afford Retirement
High Yield Investor's Samuel Smith and Scott Kaufman from High Dividend Opportunities discuss why preferred shares and baby bonds are compelling for investors. Key picks for preferreds and baby bonds.
seekingalpha.com
- 3 weeks ago
4 Ultra-High Yielding Monthly Dividend Stocks Delivering Massive Passive Income Streams
If you love the idea of getting paid every month just for buying and holding stocks, you've come to the right place.
247wallst.com
- 3 weeks ago
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
seekingalpha.com
- 1 month ago
Gladstone Land: Unpacking A Farmland REIT Business Model
Gladstone Land Corporation focuses on acquiring U.S. farmland but faces challenges due to low economic yield and high financing costs. LAND's share price has declined by over 50% despite stable underlying business, reflecting market sentiment shifts and valuation concerns. Farmland's low productivity and high operational expenses strain LAND's tenants, impacting lease agreements and investor returns.
seekingalpha.com
- 1 month ago
Gladstone Land: You Shouldn't Get 7.5% Yield On Preferreds, Yet Here We Are
Gladstone Land's Q4-2024 performance was disappointing, with a 37% decline in FFO. We value the company primarily via NAV, as farmland is not the best cash flow generator. We like the preferred shares, but we are upgrading the common as well now.
seekingalpha.com
- 1 month ago
Why I Don't Invest In REIT ETFs
Passive beats active in most cases. REITs are an exception. I explain why I follow an active strategy when investing in REITs.
seekingalpha.com
- 1 month ago
Does Gladstone (LAND) Have the Potential to Rally 29.61% as Wall Street Analysts Expect?
The consensus price target hints at a 29.6% upside potential for Gladstone (LAND). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
zacks.com
- 1 month ago
Gladstone Land (LAND) Q4 FFO Lag Estimates
Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.15 per share a year ago.
zacks.com
- 1 month ago
Gladstone Land Announces Fourth Quarter and Year Ended 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024.
accessnewswire.com
- 1 month ago
Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESS Newswire / February 18, 2025 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Fourth Quarter Ended December 31, 2024, Earnings Call & Webcast When: Thursday, February 20, 2025 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Z7NDiGpl How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through February 27, 2025.
accessnewswire.com
- 2 months ago
8. Profile
Summary
Gladstone Land Corporation LAND
COUNTRY
US
INDUSTRY
REIT - Industrial
MARKET CAP
$ 342 M
Dividend Yield
2.84%
Description
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.
Contact
1521 Westbranch Drive, McLean, VA, 22102
https://www.gladstonefarms.com
IPO
Date
Jan. 29, 2013
Employees
70
Officers
Ms. Jennifer A. Smith
Chief Valuation Officer
Mr. John Anthony Dellafiora Jr., CPA
Chief Compliance Officer
Ms. Paula Novara
Head of Resource Management & Director
Mr. William Reiman
Executive Vice President of West Coast Operations
Mr. Michael Bernard LiCalsi Esq., J.D.
General Counsel & Secretary
Mr. David John Gladstone
Founder, Chairman, Chief Executive Officer & President
Mr. Lewis Parrish CPA
Chief Financial Officer & Assistant Treasurer