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LAND Stock Chart & Stats
$8.52
-$0.03(-0.29%)
At close: 4:00 PM EDT
$8.52
-$0.03(-0.29%)
Day’s Range― - ―
52-Week Range$8.06 - $13.00
Previous Close$8.59
Volume480.70K
Average Volume (3M)655.22K
Market Cap
$349.84M
Enterprise Value$896.35
Total Cash (Recent Filing)$8.62M
Total Debt (Recent Filing)$488.23M
Price to Earnings (P/E)―
Beta0.43
Next Earnings
Aug 11, 2026EPS Estimate
-0.26Next Dividend Ex-DateN/A
Dividend Yield6.91%
Share Statistics
EPS (TTM)-0.78
Shares Outstanding43,136,574
10 Day Avg. Volume562,092
30 Day Avg. Volume655,218
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.50
Price to Sales (P/S)3.78
P/FCF Ratio-1.99K
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$10.88Price Target Upside27.64% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)-0.59
Revenue Forecast (FY)$73.96M
Bulls Say, Bears Say
Bulls Say
Strong Immediate Liquidity And Deleveraging ActionsLarge immediate liquidity (about $150M) plus unpledged properties and ATM proceeds materially improve resilience versus operational shocks, fund selective acquisitions or dispositions, and allow management to retire higher-cost preferred debt. This durable capital flexibility supports meeting vacancies, funding capex, or opportunistic farm purchases over the next several quarters without forcing fire sales or uneconomic refinancing.
High Share Of Fixed-rate Debt At Low Locked RatesWith more than 99% fixed-rate debt at a 3.41% weighted average locked for ~2.5 years, the company is insulated from near-term rate volatility. This structural protection lowers refinancing exposure, stabilizes interest expense and AFFO volatility, and gives management time to plan maturities strategically rather than react to short-term rate spikes.
Significant Farmland And Water Asset BaseOwning ~99k acres and substantial California water rights (about 56k acre-feet) creates a durable competitive advantage in scarce, irrigated farmland. These tangible assets underpin recurring rent potential, improve tenant credit under water-secure properties, and support long-term value capture through leasing, participation rents, and selective dispositions.
Bears Say
Sharp TTM Revenue Decline And GAAP Net LossA roughly 29% TTM revenue decline alongside a return to GAAP net losses erodes internal capital generation and limits reinvestment capacity. Over several quarters this pressure can constrain dividend sustainability, reduce ability to fund acquisitions without more equity issuance, and weaken profitability metrics despite asset base strengths.
Tenant Credit Stress, Vacancies And Variable Rent ExposureOngoing tenant delinquencies, eight partly/wholly vacant farms, and a shift toward participation-based leases reduce revenue predictability and increase counterparty and crop risk. Structurally, more variable rent exposure lengthens the recovery horizon for stable base cash rents and makes AFFO and distributions more sensitive to commodity cycles and tenant credit over multiple quarters.
Material Near-term Loan Repricing And Refinancing RiskWith roughly $155M of debt set to reprice within a year, the company faces meaningful refinancing risk that could raise interest costs and depress AFFO if market rates remain elevated. Even with current liquidity, higher long-term rates would increase finance expense, constrain free cash flow, and complicate capital allocation decisions over the next 6–12 months.
LAND FAQ
What was Gladstone Land’s price range in the past 12 months?
Gladstone Land lowest stock price was $8.06 and its highest was $13.00 in the past 12 months.
What is Gladstone Land’s market cap?
Gladstone Land’s market cap is $349.84M.
When is Gladstone Land’s upcoming earnings report date?
Gladstone Land’s upcoming earnings report date is Aug 11, 2026 which is in 7 days.
How were Gladstone Land’s earnings last quarter?
Gladstone Land released its earnings results on May 11, 2026. The company reported -$0.244 earnings per share for the quarter, missing the consensus estimate of -$0.222 by -$0.022.
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 $0.047 which represents an annual dividend yield of 6.91%. See more information on Gladstone Land dividends here
What is Gladstone Land’s EPS estimate?
Gladstone Land’s EPS estimate is -0.26.
How many shares outstanding does Gladstone Land have?
Gladstone Land has 43,136,574 shares outstanding.
What happened to Gladstone Land’s price movement after its last earnings report?
Gladstone Land reported an EPS of -$0.244 in its last earnings report, missing expectations of -$0.222. Following the earnings report the stock price went up 0.108%.
Which hedge fund is a major shareholder of Gladstone Land?
Currently, no hedge funds are holding shares in LAND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Gladstone Land Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$10.88 (27.64% Upside)
$10.88 (27.64% Upside)
Blogger Sentiment
Neutral
LAND Sentiment 60%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.27%
12-Months-Change
Fundamentals
Return on Equity
6.91%
Trailing 12-Months
Asset Growth
-6.09%
Trailing 12-Months
Company Description
Gladstone Land
Established in 1997, Gladstone Land operates as a publicly traded real estate investment trust (REIT) focused on acquiring and owning agricultural land and related properties situated in key farming regions across the United States. It leases these assets to independent third-party farmers. The company regularly reports the fair value of its farmland holdings each quarter. Presently, its portfolio consists of 127 farms, covering approximately 94,000 acres in 13 different states, with an estimated worth of $1.0 billion. A significant portion of Gladstone Land's properties are located in areas suitable for growing fresh, annual row crops, such as berries and various vegetables, which are planted and harvested annually by its tenants. Additionally, the company's holdings include farms dedicated to permanent crops like almonds, apples, figs, olives, pistachios, other orchard fruits, blueberry groves, and vineyards. These permanent crops typically have a planting cycle of 10 to over 20 years but produce annual harvests. Beyond farmland, Gladstone Land may also acquire agricultural infrastructure, including cooling facilities, processing and packaging buildings, and distribution centers. Gladstone Land provides its stockholders with monthly distributions and has maintained an unbroken record of 93 consecutive monthly cash payouts on its common stock since its initial public offering in January 2013. Demonstrating consistent growth, the company has raised these common distributions 20 times over the last 23 quarters. The current per-share distribution on its common stock is $0.0449 per month, totaling $0.5388 annually.
LAND Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mix of constructive operational and balance-sheet developments alongside material near-term challenges. Positive operational items include a strong 2025 harvest, early recognition of a pistachio marketing bonus, improved AFFO, solid immediate liquidity (~$150M) and successful preferred repurchases that have reduced leverage. However, these were balanced by notable negatives: a Q1 GAAP net loss (net loss to common ~$10M), tenant delinquencies and nonaccruals, eight vacant farms, decreased fixed-base rent revenue (~$2.4M), increased operating and legal costs, uncertainty around 2026 pistachio yields due to a bloom heat event, and a meaningful amount of loans ($155M) that will reprice within the next year. Given the roughly balanced set of clear financial/operational positives and significant risks/uncertainties, the overall tone is cautious with signs of stabilization but material short-term headwinds remain.View all LAND earnings summariesLAND Stock 12 Month Forecast
Average Price Target
$10.88
▲(27.64% Upside)
Technical Analysis
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Ownership Overview
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Insiders
10.65% Mutual Funds
1.29% Other Institutional Investors
73.22% Public Companies and Individual Investors










