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Gladstone Land (LAND)
NASDAQ:LAND
Holding LAND?
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LAND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.31 - $15.36
Previous Close$14.43
Volume159.88K
Average Volume (3M)163.64K
Market Cap
$517.15M
Enterprise Value$1.02B
Total Cash (Recent Filing)$49.76M
Total Debt (Recent Filing)$549.39M
Price to Earnings (P/E)―
Beta1.21
Next Earnings
Nov 05, 2024EPS Estimate
-$0.11Last Dividend Ex-Date
Sep 20, 2024Dividend Yield3.83%
Share Statistics
EPS (TTM)-0.18
Shares Outstanding35,838,442
10 Day Avg. Volume134,080
30 Day Avg. Volume163,636
Standard Deviation0.10
R-Squared0.30
Alpha-0.00275
Financial Highlights & Ratios
Price to Book (P/B)0.73
Price to Sales (P/S)5.83
Price to Cash Flow (P/CF)8.20
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.66
Enterprise Value/Gross Profit11.80
Enterprise Value/Ebitda12.65
Forecast
1Y Price Target
$15.00Price Target Upside4.38% Upside
Rating ConsensusHold
Number of Analyst Covering4
Gladstone Land News
PremiumCompany Announcements
Gladstone Land Welcomes Katharine Gorka to Board of Directors
Bulls Say, Bears Say
Bulls Say
EarningsLAND reported core funds from operations (CFFO) of $0.14 per share, beating consensus estimates and covering recent dividends.
Financial PerformanceLAND is in a positive liquidity position with $200 million, including nearly $50 million in cash and $150 million available under term loans and a line of credit.
StrategyThe company prioritizes securing additional water rights for its California farms, ensuring a stable future for agricultural needs.
Bears Say
Book Value And Dividend CoverageWith book value down 5.9% and core funds from operations unlikely to cover the dividend, upside is limited.
Revenue And OccupancyNineteen farms remained vacant or generated cash-based lease revenues, resulting in a year-over-year net operating income decrease of approximately $452K.
Underperforming FarmsNineteen underperforming farms, including thirteen vacant or self-operated farms, signal operational challenges.
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Ownership Overview
9.33%
Insiders
14.11% Mutual Funds
20.38% Other Institutional Investors
56.18% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LAND FAQ
What was Gladstone Land’s price range in the past 12 months?
Gladstone Land lowest stock price was $12.31 and its highest was $15.36 in the past 12 months.
What is Gladstone Land’s market cap?
Currently, no data Available
When is Gladstone Land’s upcoming earnings report date?
Gladstone Land’s upcoming earnings report date is Nov 05, 2024 which is in 46 days.
How were Gladstone Land’s earnings last quarter?
Gladstone Land released its earnings results on Aug 08, 2024. The company reported -$0.186 earnings per share for the quarter, missing the consensus estimate of -$0.12 by -$0.066.
Is Gladstone Land overvalued?
According to Wall Street analysts Gladstone Land’s price is currently Undervalued.
Does Gladstone Land pay dividends?
Gladstone Land pays a Monthly dividend of $0.05 which represents an annual dividend yield of 3.83%. See more information on Gladstone Land dividends here
What is Gladstone Land’s EPS estimate?
Gladstone Land’s EPS estimate is -$0.11.
How many shares outstanding does Gladstone Land have?
Gladstone Land has 35,838,444 shares outstanding.
What happened to Gladstone Land’s price movement after its last earnings report?
Gladstone Land reported an EPS of -$0.186 in its last earnings report, missing expectations of -$0.12. Following the earnings report the stock price went down -1.293%.
Which hedge fund is a major shareholder of Gladstone Land?
Among the largest hedge funds holding Gladstone Land’s share is EntryPoint Capital, LLC. It holds Gladstone Land’s shares valued at 27K.
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Gladstone Land Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$15.00 (4.38% Upside)
$15.00 (4.38% Upside)
Blogger Sentiment
Bullish
LAND Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 8.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.15%
12-Months-Change
Fundamentals
Return on Equity
2.45%
Trailing 12-Months
Asset Growth
-5.33%
Trailing 12-Months
Company Description
Gladstone Land
Gladstone Land Corp. is an agricultural real estate investment trust, which engages in the business of owning and leasing farmland. It also includes farm-related facilities, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. The company was founded by David Gladstone on June 14, 1997 and is headquartered in McLean, VA.
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LAND Earnings Call
Q2 2024
0:00 / 0:00
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LAND Stock 12 Month Forecast
Average Price Target
$15.00
▲(4.38% Upside)
Technical Analysis
Best Analysts Covering LAND
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+0.97%
reiterated a buy rating last month
Copying Mitchel Penn's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +0.97% per trade.
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