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Gladstone Land ( (LAND) ) has provided an announcement.
On July 11, 2025, Gladstone Land Corporation announced a share repurchase program authorized by its Board of Directors, allowing the company to buy back up to $20 million of its Series B Cumulative Redeemable Preferred Stock and up to $35 million of its Series C Cumulative Redeemable Preferred Stock. This program, set to expire on July 10, 2026, is part of a strategic capital allocation plan aimed at leveraging current market conditions to benefit shareholders. The repurchases will be conducted through open market transactions or privately negotiated deals, with the flexibility to suspend or discontinue the program at any time.
The most recent analyst rating on (LAND) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Gladstone Land stock, see the LAND Stock Forecast page.
Spark’s Take on LAND Stock
According to Spark, TipRanks’ AI Analyst, LAND is a Neutral.
Gladstone Land’s overall score reflects a stable financial performance with effective cash management and operational efficiency. However, the valuation concerns due to negative earnings and cautious guidance from the earnings call weigh on the stock. Technical indicators offer a neutral view, with short-term bullish momentum but long-term uncertainty. The strong dividend yield provides some support, offset by the challenges highlighted in the earnings call.
To see Spark’s full report on LAND stock, click here.
More about Gladstone Land
Founded in 1997, Gladstone Land Corporation is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties in major agricultural markets across the U.S. The company owns 150 farms, covering approximately 103,000 acres in 15 states, and holds over 55,000 acre-feet of water assets in California. Its farms primarily grow fresh produce annual row crops like berries and vegetables, as well as permanent crops such as almonds, blueberries, and wine grapes. Gladstone Land pays monthly distributions to its stockholders and has consistently done so since its IPO in 2013.
Average Trading Volume: 319,919
Technical Sentiment Signal: Sell
Current Market Cap: $378.9M
For an in-depth examination of LAND stock, go to TipRanks’ Overview page.