NASDAQ: LAND
Gladstone Land Corp Stock

$10.53+0.10 (+0.96%)
Updated Jan 14, 2025
LAND Price
$10.53
Fair Value Price
N/A
Market Cap
$381.02M
52 Week Low
$10.27
52 Week High
$15.36
P/E
-40.5x
P/B
0.55x
P/S
5.62x
PEG
N/A
Dividend Yield
4.87%
Revenue
$88.57M
Earnings
$14.57M
Gross Margin
83.8%
Operating Margin
41.65%
Profit Margin
-10.5%
Debt to Equity
0.91
Operating Cash Flow
$35M
Beta
0.82
Next Earnings
Feb 18, 2025
Ex-Dividend
N/A
Next Dividend
N/A

LAND Overview

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.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine LAND's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More

Zen Rating Component Grades

D
Value
C
Growth
C
Momentum
D
Sentiment
C
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Specialty REIT

Industry Rating
F
LAND
Ranked
#19 of 19

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$11.54C
$195.02C
$5.48C
View Top Specialty REIT Stocks

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LAND News

Overview

Due Diligence Score

Industry Average (35)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how LAND scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

LAND is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
LAND is good value based on its book value relative to its share price (0.55x), compared to the US REIT - Specialty industry average (6.19x)
P/B vs Industry Valuation
LAND is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more LAND due diligence checks available for Premium users.

Valuation

LAND price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-40.5x
Industry
89.08x
Market
30.21x

LAND price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.55x
Industry
6.19x
LAND is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

LAND's financial health

Profit margin

Revenue
$22.6M
Net Income
$6.0k
Profit Margin
-25.6%
LAND's Earnings (EBIT) of $36.89M... subscribe to Premium to read more.
Interest Coverage Financials
LAND's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.3B
Liabilities
$626.7M
Debt to equity
0.91
LAND's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
LAND's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.4M
Investing
-$1.6M
Financing
-$33.5M
LAND's operating cash flow ($35.39M)... subscribe to Premium to read more.
Debt Coverage Financials

LAND vs Specialty REIT Stocks

TickerZen RatingMarket Cap1d %P/EP/B
LANDD$381.02M+0.96%-40.50x0.55x
FPIC$555.91M+1.23%38.47x1.10x
AFCGC$182.43M-0.24%20.78x0.89x
PWC$4.03M-2.46%-0.17x0.41x
UNITC$1.34B+2.81%21.08x-0.54x

Gladstone Land Stock FAQ

What is Gladstone Land's quote symbol?

(NASDAQ: LAND) Gladstone Land trades on the NASDAQ under the ticker symbol LAND. Gladstone Land stock quotes can also be displayed as NASDAQ: LAND.

If you're new to stock investing, here's how to buy Gladstone Land stock.

What is the 52 week high and low for Gladstone Land (NASDAQ: LAND)?

(NASDAQ: LAND) Gladstone Land's 52-week high was $15.36, and its 52-week low was $10.27. It is currently -31.45% from its 52-week high and 2.53% from its 52-week low.

How much is Gladstone Land stock worth today?

(NASDAQ: LAND) Gladstone Land currently has 36,184,658 outstanding shares. With Gladstone Land stock trading at $10.53 per share, the total value of Gladstone Land stock (market capitalization) is $381.02M.

Gladstone Land stock was originally listed at a price of $15.00 in Jan 29, 2013. If you had invested in Gladstone Land stock at $15.00, your return over the last 11 years would have been -29.8%, for an annualized return of -3.17% (not including any dividends or dividend reinvestments).

How much is Gladstone Land's stock price per share?

(NASDAQ: LAND) Gladstone Land stock price per share is $10.53 today (as of Jan 14, 2025).

What is Gladstone Land's Market Cap?

(NASDAQ: LAND) Gladstone Land's market cap is $381.02M, as of Jan 15, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Gladstone Land's market cap is calculated by multiplying LAND's current stock price of $10.53 by LAND's total outstanding shares of 36,184,658.
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