Gladstone Land (LAND) AI Stock Analysis

• Market Cap: $327.11M
• Dividend Yield: 6.2%
• Average Volume (3M): 412.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.52
• Revenue Growth: -18.73%
• EPS Growth: -146.45%
• Country: US
• Employees: 70
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): -0.38
• Shares Outstanding: 36,184,658
• 10 Day Avg. Volume: 364,209
• 30 Day Avg. Volume: 412,340
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.58
• Enterprise Value/Revenue: 11.59
• Enterprise Value/Gross Profit: 12.55
• Enterprise Value/Ebitda: 13.37
• 1Y Price Target: $9.50
• Price Target Upside: 5.09% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 58 Neutral
• Price Target: $9.50 ▲(5.09% Upside)

Gladstone Land's overall stock score is primarily impacted by its financial performance challenges, including declining revenue and cash flow. Technical indicators suggest a bearish trend, and valuation concerns arise from recent net losses. The earnings call highlights both financial challenges and strong liquidity, contributing to a mixed outlook.

Positive Factors

Water Security

Strong water management practices provide a durable competitive advantage, ensuring farm productivity and resilience against water scarcity.

Crop Insurance

High crop insurance coverage mitigates risks from natural disasters, ensuring stable income and protecting against adverse weather impacts.

Liquidity Position

Strong liquidity and fixed-rate borrowings provide financial flexibility and protection against interest rate hikes, supporting long-term stability.

Negative Factors

Declining Revenue

Decreasing revenue indicates challenges in maintaining market position and could impact long-term growth and profitability.

Lease Modifications

Lease modifications reducing fixed rents create revenue uncertainty and could affect cash flow predictability, impacting financial planning.

Negative Adjusted FFO

Negative adjusted FFO highlights cash flow challenges, limiting the company's ability to reinvest and grow, affecting long-term financial health.

Gladstone Land Business Overview & Revenue Model

Company Description

Gladstone Land Corporation (LAND) is a real estate investment trust (REIT) that specializes in acquiring, owning, and leasing farmland in the United States. The company focuses on agricultural properties primarily used for the cultivation of fresh produce, nuts, and other crops. Gladstone Land aims to provide investors with a reliable income stream and capital appreciation through its investment in high-quality farmland and diversified agricultural operations.

How the Company Makes Money

Gladstone Land generates revenue primarily through long-term leases with farmers who cultivate crops on its owned farmland. The company receives rental income from these leases, which are typically structured to provide stable cash flow. Additionally, the company may benefit from the appreciation of its agricultural properties over time, contributing to overall asset value growth. Gladstone Land also engages in strategic acquisitions of high-quality farmland, which can enhance its revenue base and attract more tenants. The company may enter into partnerships with agricultural operators or investors to expand its footprint and leverage expertise in the agricultural sector, further enhancing its revenue potential.

Gladstone Land Financial Statement Overview

Summary

Gladstone Land's financial performance is stable with strong gross profit margins and healthy cash flow management. However, declining revenue growth and modest net profit margins slightly dampen the overall financial outlook.

Income Statement

Gladstone Land's income statement reveals a mixed performance. The gross profit margin is strong, indicating efficient cost management. However, the revenue growth rate has been declining, and the net profit margin, while positive, reflects a modest profitability. The EBIT and EBITDA margins are healthy, suggesting good operational efficiency.

Balance Sheet

The balance sheet shows a stable financial position with a reasonable equity ratio. The debt-to-equity ratio is moderate, indicating balanced leverage. Return on equity is positive, demonstrating effective use of equity to generate profits. Overall, the balance sheet reflects a stable financial structure with manageable debt levels.

Cash Flow

Cash flow analysis shows that operating cash flow is consistently positive, which is a strong indicator of the company's ability to generate cash from its operations. Free cash flow growth is present, and the ratios of operating and free cash flow to net income are favorable, indicating healthy cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	72.77M	85.22M	90.40M	89.24M	75.32M	57.03M
Gross Profit	67.16M	79.88M	77.59M	86.42M	39.27M	55.18M
EBITDA	63.05M	70.29M	70.64M	69.58M	58.89M	44.09M
Net Income	7.78M	13.29M	14.56M	4.71M	3.50M	4.93M
Balance Sheet
Total Assets	1.26B	1.31B	1.39B	1.46B	1.35B	1.07B
Cash, Cash Equivalents and Short-Term Investments	30.48M	18.27M	18.57M	61.14M	16.71M	9.22M
Total Debt	496.38M	527.52M	574.11M	626.50M	667.98M	624.06M
Total Liabilities	588.51M	625.01M	667.71M	725.89M	762.48M	683.50M
Stockholders Equity	670.07M	687.18M	719.61M	731.36M	586.82M	383.79M
Cash Flow
Free Cash Flow	11.14M	24.35M	27.28M	23.66M	26.26M	8.49M
Operating Cash Flow	18.63M	29.55M	40.08M	43.79M	32.38M	25.00M
Investing Cash Flow	59.02M	63.31M	-3.77M	-85.48M	-295.00M	-272.90M
Financing Cash Flow	-96.93M	-93.15M	-78.88M	86.13M	270.11M	243.43M

Gladstone Land Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.04
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LAND, the sentiment is Positive. The current price of 9.04 is below the 20-day moving average (MA) of 9.10, above the 50-day MA of 9.01, and below the 200-day MA of 9.71, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 35.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LAND.

Gladstone Land Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLYM	78 Outperform	$995.92M	7.65	25.64%	4.35%	-3.63%	436.37%
LXP	74 Outperform	$2.81B	34.44	4.15%	5.65%	6.64%	210.89%
STAG	73 Outperform	$7.35B	30.58	6.89%	3.85%	8.56%	22.20%
IIPR	66 Neutral	$1.50B	11.41	7.04%	14.39%	-7.80%	-18.78%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
LAND	58 Neutral	$327.11M	―	1.13%	6.20%	-18.73%	-146.45%
ILPT	49 Neutral	$399.34M	―	-16.16%	1.35%	0.36%	11.92%

Gladstone Land Corporate Events

Gladstone Land’s Earnings Call: Balancing Strengths and Challenges

Gladstone Land Corporation’s recent earnings call presented a balanced sentiment, highlighting both strengths and challenges. While the company showcased its strategic advantages in water asset management, crop insurance, and leasing activity, it also faced significant financial losses and operational hurdles due to changes in lease structures and high interest rates.

Gladstone Land Reports Q2 2025 Financial Results

Gladstone Land Corporation is a publicly traded real estate investment trust that specializes in acquiring and owning farmland and farm-related properties across major agricultural markets in the United States, with a focus on both fresh produce and permanent crops.