Real Estate -
REIT - Industrial - NASDAQ - US
$ 11.34
-1.05 %
$ 410 M
Market Cap
-39.1
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
23.46%
LAND Average Price Target
Wall Street Target
15 USD
32.28%
LAND Highest Price Target
Wall Street Target
16 USD
41.09%
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
0 USD 0
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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 years ago
Feb 28, 2023
|
Bought
9.89 K USD
|
Novara Paula
Director
|
+ 560
|
17.6597 USD |
|
4 years ago
Mar 17, 2020
|
Sell 4.17 K
USD
|
ENGLISH MICHELA A
Director
|
- 385
|
10.84 USD |
|
4 years ago
Mar 16, 2020
|
Bought
8.06 K USD
|
LiCalsi Michael
General Counsel and Secretary
|
+ 800
|
10.0804 USD |
|
4 years ago
Mar 16, 2020
|
Bought
5.06 K USD
|
Parrish Lewis
CFO
|
+ 500
|
10.13 USD |
|
5 years ago
Feb 24, 2020
|
Bought
9.98 K USD
|
ADELGREN PAUL W
Director
|
+ 700
|
14.25 USD |
|
5 years ago
Nov 15, 2019
|
Bought
11.4 K USD
|
ADELGREN PAUL W
Director
|
+ 950
|
12.03 USD |
|
5 years ago
Sep 10, 2019
|
Bought
884 K USD
|
GLADSTONE DAVID
CEO
|
+ 74261
|
11.9 USD |
|
5 years ago
Sep 09, 2019
|
Bought
1.61 M USD
|
GLADSTONE DAVID
CEO
|
+ 135739
|
11.86 USD |
|
5 years ago
Mar 15, 2019
|
Bought
113 K USD
|
GLADSTONE DAVID
CEO
|
+ 9375
|
12.01 USD |
|
5 years ago
Mar 15, 2019
|
Bought
483 K USD
|
GLADSTONE DAVID
CEO
|
+ 40182
|
12.03 USD |
|
5 years ago
Mar 14, 2019
|
Bought
283 K USD
|
GLADSTONE DAVID
CEO
|
+ 23728
|
11.94 USD |
|
5 years ago
Mar 14, 2019
|
Bought
320 K USD
|
GLADSTONE DAVID
CEO
|
+ 26715
|
11.99 USD |
|
6 years ago
May 11, 2018
|
Bought
1.77 K USD
|
Beckhorn Jay
Treasurer
|
+ 138
|
12.814 USD |
|
7 years ago
Feb 23, 2018
|
Bought
10 K USD
|
ADELGREN PAUL W
Director
|
+ 800
|
12.5126 USD |
|
7 years ago
Feb 23, 2018
|
Bought
13.9 K USD
|
ADELGREN PAUL W
Director
|
+ 800
|
17.32 USD |
|
7 years ago
Feb 23, 2018
|
Bought
59.1 K USD
|
WILKINSON WALTER H
Director
|
+ 4700
|
12.5824 USD |
|
7 years ago
Jun 14, 2017
|
Bought
228 K USD
|
GLADSTONE DAVID
CEO
|
+ 20000
|
11.382 USD |
|
7 years ago
Mar 15, 2017
|
Bought
9.94 K USD
|
ADELGREN PAUL W
Director
|
+ 900
|
11.05 USD |
|
7 years ago
Mar 15, 2017
|
Bought
4.97 K USD
|
Beckhorn Jay
Treasurer
|
+ 450
|
11.05 USD |
|
7 years ago
Mar 15, 2017
|
Bought
1.11 K USD
|
ENGLISH MICHELA A
Director
|
+ 100
|
11.13 USD |
|
7 years ago
Mar 14, 2017
|
Bought
1.1 K USD
|
ENGLISH MICHELA A
Director
|
+ 100
|
11.02 USD |
|
7 years ago
Mar 14, 2017
|
Bought
5.5 K USD
|
Parrish Lewis
CFO
|
+ 500
|
11 USD |
|
7 years ago
Mar 13, 2017
|
Bought
223 K USD
|
GLADSTONE DAVID
CEO
|
+ 20000
|
11.1512 USD |
|
8 years ago
Sep 09, 2016
|
Bought
5.86 K USD
|
ADELGREN PAUL W
Director
|
+ 500
|
11.72 USD |
|
8 years ago
Aug 26, 2016
|
Bought
50 K USD
|
Merrick Caren D
Director
|
+ 4432
|
11.2905 USD |
|
8 years ago
Aug 22, 2016
|
Bought
2.75 K USD
|
Parrish Lewis
CFO
|
+ 250
|
11 USD |
|
8 years ago
May 19, 2016
|
Bought
1.5 K USD
|
Parrish Lewis
CFO
|
+ 150
|
10 USD |
|
8 years ago
May 05, 2016
|
Bought
1 K USD
|
Parrish Lewis
CFO
|
+ 100
|
10 USD |
|
8 years ago
May 05, 2016
|
Bought
10.2 K USD
|
ADELGREN PAUL W
Director
|
+ 1000
|
10.19 USD |
|
8 years ago
Mar 10, 2016
|
Bought
169 K USD
|
GLADSTONE DAVID
CEO
|
+ 19000
|
8.8742 USD |
|
9 years ago
Mar 04, 2016
|
Bought
4.19 K USD
|
Parrish Lewis
CFO
|
+ 482
|
8.69 USD |
|
9 years ago
Mar 04, 2016
|
Bought
156 USD
|
Parrish Lewis
CFO
|
+ 18
|
8.65 USD |
|
9 years ago
Dec 15, 2015
|
Bought
315 K USD
|
GLADSTONE DAVID
President and CEO
|
+ 36887
|
8.5465 USD |
|
9 years ago
Dec 15, 2015
|
Bought
125 K USD
|
GLADSTONE DAVID
President and CEO
|
+ 14765
|
8.4998 USD |
|
9 years ago
Dec 15, 2015
|
Bought
1.72 K USD
|
Dellafiora John
Chief Compliance Officer
|
+ 200
|
8.5896 USD |
|
9 years ago
Dec 14, 2015
|
Bought
4.12 K USD
|
Parrish Lewis
CFO
|
+ 500
|
8.25 USD |
|
9 years ago
Aug 25, 2015
|
Bought
95.7 K USD
|
GLADSTONE DAVID
President and CEO
|
+ 10000
|
9.5697 USD |
|
9 years ago
Aug 12, 2015
|
Bought
5.96 K USD
|
ADELGREN PAUL W
Director
|
+ 600
|
9.94 USD |
|
9 years ago
Jun 15, 2015
|
Bought
50 K USD
|
WILKINSON WALTER H
Director
|
+ 4500
|
11.1124 USD |
|
9 years ago
Jun 15, 2015
|
Bought
6.65 K USD
|
ADELGREN PAUL W
Director
|
+ 600
|
11.09 USD |
|
9 years ago
Jun 15, 2015
|
Bought
9.9 K USD
|
Parrish Lewis
Chief Financial Officer
|
+ 900
|
11 USD |
|
10 years ago
May 16, 2014
|
Bought
1.14 K USD
|
ADELGREN PAUL W
Director
|
+ 100
|
11.4 USD |
|
10 years ago
May 16, 2014
|
Bought
4.55 K USD
|
ADELGREN PAUL W
Director
|
+ 400
|
11.38 USD |
|
11 years ago
Mar 07, 2014
|
Bought
6.84 K USD
|
ADELGREN PAUL W
Director
|
+ 519
|
13.17 USD |
|
11 years ago
Mar 07, 2014
|
Bought
6.28 K USD
|
ADELGREN PAUL W
Director
|
+ 481
|
13.05 USD |
|
11 years ago
Aug 16, 2013
|
Bought
8.32 K USD
|
LiCalsi Michael
|
+ 500
|
16.6499 USD |
|
11 years ago
May 15, 2013
|
Bought
24.9 K USD
|
ADELGREN PAUL W
Director
|
+ 1500
|
16.61 USD |
|
11 years ago
Mar 14, 2013
|
Bought
4.58 K USD
|
ENGLISH MICHELA A
Director
|
+ 300
|
15.2599 USD |
|
11 years ago
Mar 14, 2013
|
Bought
4.58 K USD
|
ENGLISH MICHELA A
Director
|
+ 300
|
15.2554 USD |
|
12 years ago
Jan 31, 2013
|
Bought
14 K USD
|
Reilly John
Director
|
+ 1000
|
13.95 USD |
|
12 years ago
Jan 31, 2013
|
Bought
65.6 K USD
|
PARKER ANTHONY W
Director
|
+ 4700
|
13.95 USD |
|
12 years ago
Jan 31, 2013
|
Bought
20.9 K USD
|
OUTLAND JOHN H
Director
|
+ 1500
|
13.95 USD |
|
12 years ago
Jan 31, 2013
|
Bought
5.58 K USD
|
ENGLISH MICHELA A
Director
|
+ 400
|
13.95 USD |
|
12 years ago
Jan 31, 2013
|
Bought
27.9 K USD
|
Earhart Terry
Director
|
+ 2000
|
13.95 USD |
|
12 years ago
Jan 31, 2013
|
Bought
20.9 K USD
|
ADELGREN PAUL W
Director
|
+ 1500
|
13.95 USD |
7. News
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 week 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 week 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
- 1 week ago
Strength Seen in Gladstone (LAND): Can Its 5.7% Jump Turn into More Strength?
Gladstone (LAND) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
zacks.com
- 2 weeks ago
How To Build A $1,000 Monthly Dividend Income Stream From REITs
REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.
seekingalpha.com
- 2 weeks ago
A Rare Buying Opportunity Before A Big Market Reversal Takes Place
AI has dominated the market over the past several years, leading it to new highs. However, we think we are likely on the cusp of a major market reversal. We share 3 big opportunities to position yourself to take advantage of it.
seekingalpha.com
- 2 weeks ago
Buy The Dip: High-Conviction High-Yields Getting Way Too Cheap
Warren Buffett once offered sage advice on how to pick winning stocks. We have identified some of these types of stocks trading at compelling bargains. We share several high-conviction picks in this article.
seekingalpha.com
- 3 weeks ago
Gladstone Land Announces Gain on Exit from Northern Nebraska Farms
MCLEAN, VA / ACCESS Newswire / February 4, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of two farms in northern Nebraska for $12.0 million, representing a 9% increase over the farms' original purchase prices. "These farms, located in Rock County and Holt County, Nebraska, were purchased in 2015 as part of a sale-leaseback transaction, with the primary use of growing potatoes," said Joseph Van Wingerden, Midwest & East Coast Managing Director.
accessnewswire.com
- 3 weeks ago
Buy Land, They Don't Make It Anymore: 3 'Dirt' Cheap Big Dividends And Buybacks
Land has proven to be an excellent long-term risk-adjusted investment. Fortunately, there are numerous opportunities to buy it at a steep discount right now. I share three compelling opportunities, yielding up to 7.3% with big buybacks involved as well.
seekingalpha.com
- 1 month ago
Gladstone Land Announces Gain on Sale of Five Farms
MCLEAN, VA / ACCESS Newswire / January 29, 2025 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of a property in Florida (consisting of five farms) for $52.5 million. The investment in this property provided a 112% return on equity invested, and the sale resulted in a net capital gain for the Company.
accessnewswire.com
- 1 month ago
Gladstone Land Reports No Damage to Farms from California Wildfires
MCLEAN, VA / ACCESS Newswire / January 27, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that none of its California farms have been impacted by the recent wildfires that have occurred in the southern part of the state. The Company further notes that all of its farms in the state growing permanent crops are insured by the Company or its tenant-farmers under policies that would cover both the crops and any potential loss of crop income.
accessnewswire.com
- 1 month ago
Gladstone Land: A Record 5% Dividend Yield From U.S. Farmland
Gladstone Land owns 168 farms and nearly 54,000 acre-feet of water assets, with a 99.5% occupancy rate, but shares have dipped 20% over the last year. The REIT's NAV per share stands at $15.57, trading at a 29% discount, with a 5.04% dividend yield, offering a reasonable margin of safety. Third quarter revenue and cash flows have declined, with NAV per share dropping from $20.33 a year ago due to lower farm valuations and higher long-term borrowing costs.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Gladstone Land Corporation LAND
COUNTRY
US
INDUSTRY
REIT - Industrial
MARKET CAP
$ 410 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
Mr. Lewis Parrish CPA
Chief Financial Officer & Assistant Treasurer
Mr. David John Gladstone
Founder, Chairman, Chief Executive Officer & President