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Gladstone Land (LAND)
NASDAQ:LAND
Gladstone Land (LAND) Stock Price & Analysis
735 Followers
LAND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.31 - $16.92
Previous Close$13.05
Volume219.49K
Average Volume (3M)188.09K
Market Cap
$467.69M
Enterprise Value$1.02B
Total Cash (Recent Filing)$18.57M
Total Debt (Recent Filing)$574.11M
Price to Earnings (P/E)-47.3
Beta1.45
Next Earnings
Aug 07, 2024EPS Estimate
-$0.1Next Dividend Ex-Date
Jun 18, 2024Dividend Yield4.28%
Share Statistics
EPS (TTM)-0.28
Shares Outstanding35,838,442
10 Day Avg. Volume142,134
30 Day Avg. Volume188,092
Standard Deviation0.10
R-Squared0.28
Alpha-0.00269
Financial Highlights & Ratios
Price to Book (P/B)0.65
Price to Sales (P/S)5.17
Price to Cash Flow (P/CF)6.70
P/FCF Ratio27.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.16
Enterprise Value/Gross Profit11.32
Enterprise Value/Ebitda11.49
Forecast
1Y Price Target
$17.00Price Target Upside28.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Gladstone Land News
PremiumCompany Announcements
Gladstone Land Is Worried About This – Should You Be Worried Too?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGladstone Land Corp. displays strong financial health with a robust liquidity position, highlighted by a substantial cash balance and ample credit availability.
Lease AgreementsGladstone Land Corp. has successfully negotiated 30 new or amended lease agreements, signaling potential revenue growth with an expected annual increase of $12.6 million.
Real Estate TransactionsWith strategic property sales such as a farm in Florida yielding a 60% return on equity and a net gain of approximately $10.4 million, Gladstone Land Corp. demonstrates effective asset management.
Bears Say
AcquisitionsGladstone Land Corp. did not complete any acquisitions due to elevated interest rates and sellers expectations.
Financial PerformanceReported AFFO numbers decreased compared to the prior-year quarter, in line with estimates but lower than consensus.
Net Asset ValueNet asset value (NAV) was down 6.2% to $19.06 mainly due to higher fair value of preferred stock.
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Ownership Overview
9.33%
Insiders
13.84% Mutual Funds
16.25% Other Institutional Investors
60.58% 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 $16.92 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 90 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 4.28%. See more information on Gladstone Land dividends here
What is Gladstone Land’s EPS estimate?
Gladstone Land’s EPS estimate is -$0.1.
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 1.303%.
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 N/A.
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Gladstone Land Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.00 (28.59% Upside)
$17.00 (28.59% Upside)
Blogger Sentiment
Bullish
LAND Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 17.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.48%
12-Months-Change
Fundamentals
Return on Equity
2.01%
Trailing 12-Months
Asset Growth
-4.80%
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
Q4 2024
0:00 / 0:00
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LAND Stock 12 Month Forecast
Average Price Target
$17.00
▲(28.59% Upside)
Technical Analysis
Best Analysts Covering LAND
1 Year
1 Year Success Rate
7/16 ratings generated profit
1 Year Average Return
+6.04%
reiterated a buy rating 3 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 43.75% of your transactions generating a profit, with an average return of +6.04% per trade.
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