Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Gladstone Land (LAND)
NASDAQ:LAND
Gladstone Land (LAND) Stock Price & Analysis
743 Followers
LAND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.22 - $16.81
Previous Close$13.5
Volume124.16K
Average Volume (3M)175.13K
Market Cap
$483.82M
Enterprise Value$984.42M
Total Cash (Recent Filing)$51.55M
Total Debt (Recent Filing)$552.15M
Price to Earnings (P/E)251.9
Beta1.27
Next Earnings
Aug 07, 2024EPS Estimate
-$0.12Last Dividend Ex-Date
Jun 18, 2024Dividend Yield4.06%
Share Statistics
EPS (TTM)0.05
Shares Outstanding35,838,442
10 Day Avg. Volume155,529
30 Day Avg. Volume175,134
Standard Deviation0.10
R-Squared0.29
Alpha-0.00351
Financial Highlights & Ratios
Price to Book (P/B)0.66
Price to Sales (P/S)23.32
Price to Cash Flow (P/CF)6.80
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.30
Enterprise Value/Gross Profit11.42
Enterprise Value/Ebitda10.94
Forecast
1Y Price Target
$15.20Price Target Upside12.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Gladstone Land News
PremiumCompany Announcements
Gladstone Land Is Worried About This – Should You Be Worried Too?
Bulls Say, Bears Say
Bulls Say
Dividend YieldOver the next four quarters, a dividend yield of 4.3% and stock price appreciation of 24.0% (to the $16 price target) is expected.
Liquidity PositionLAND is in a positive liquidity position with $210 million consisting of nearly $60 million in cash and $150 million available under the two Metlife Term Loans and the line of credit.
Return On EquityDuring the quarter, the company sold a 3,748-acre farm in Florida for ~$65.7 million. After factoring in closing costs, this transaction yielded a 60% return on equity and a net gain of around $10.4 million.
Bears Say
EarningsThe company reported AFFO numbers of $0.14, compared to $0.17 per share in the prior-year quarter, which was $0.02 lower than consensus.
Financial PerformanceNet asset value (NAV) was down 2.9% to $18.50 mainly due to higher fair value of preferred stock.
RevenueTotal cash lease revenues decreased by approximately $1.3 million, or 6.3%, from the prior-year quarter, mostly due to the sale of a large farm in Florida and reduced revenue from vacant, directly operated, and non-accrual properties.
---
Ownership Overview
9.33%
Insiders
13.88% Mutual Funds
19.85% Other Institutional Investors
56.95% 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.
---
LAND FAQ
What was Gladstone Land’s price range in the past 12 months?
Gladstone Land lowest stock price was $12.22 and its highest was $16.81 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 Aug 07, 2024 which is in 35 days.
How were Gladstone Land’s earnings last quarter?
Gladstone Land released its earnings results on May 07, 2024. The company reported $0.208 earnings per share for the quarter, beating the consensus estimate of -$0.103 by $0.311.
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 4.06%. See more information on Gladstone Land dividends here
What is Gladstone Land’s EPS estimate?
Gladstone Land’s EPS estimate is -$0.12.
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 $0.208 in its last earnings report, beating expectations of -$0.103. Following the earnings report the stock price went up 1.312%.
Which hedge fund is a major shareholder of Gladstone Land?
Among the largest hedge funds holding Gladstone Land’s share is Graham Capital Management, L.P.. It holds Gladstone Land’s shares valued at 137K.
---
Gladstone Land Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.20 (12.59% Upside)
$15.20 (12.59% Upside)
Blogger Sentiment
Bullish
LAND Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 10.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 7.2%
Last 30 Days ▼ 7.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.66%
12-Months-Change
Fundamentals
Return on Equity
3.62%
Trailing 12-Months
Asset Growth
-4.41%
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.
---
LAND Earnings Call
Q1 2024
0:00 / 0:00
---
LAND Stock 12 Month Forecast
Average Price Target
$15.20
▲(12.59% Upside)
Technical Analysis
Best Analysts Covering LAND
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+6.58%
reiterated a buy rating 2 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +6.58% per trade.
---