LAND
Gladstone Land CorpLAND
LAND
About: Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
13% more call options, than puts
Call options by funds: $1.91M | Put options by funds: $1.68M
6% more funds holding
Funds holding: 166 [Q2] → 176 (+10) [Q3]
2% more capital invested
Capital invested by funds: $220M [Q2] → $225M (+$4.87M) [Q3]
0.04% more ownership
Funds ownership: 44.82% [Q2] → 44.86% (+0.04%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 59
Research analyst outlook
We haven’t received any recent analyst ratings for LAND.
Financial journalist opinion
Based on 4 articles about LAND published over the past 30 days
Positive
Seeking Alpha
1 day ago
Buy Land, They Don't Make It Anymore: 3 'Dirt' Cheap Big Dividends And Buybacks
Land has proven to be an excellent long-term risk-adjusted investment. Fortunately, there are numerous opportunities to buy it at a steep discount right now. I share three compelling opportunities, yielding up to 7.3% with big buybacks involved as well.
Neutral
Accesswire
3 days ago
Gladstone Land Announces Gain on Sale of Five Farms
MCLEAN, VA / ACCESS Newswire / January 29, 2025 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of a property in Florida (consisting of five farms) for $52.5 million. The investment in this property provided a 112% return on equity invested, and the sale resulted in a net capital gain for the Company.
Neutral
Accesswire
5 days ago
Gladstone Land Reports No Damage to Farms from California Wildfires
MCLEAN, VA / ACCESS Newswire / January 27, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that none of its California farms have been impacted by the recent wildfires that have occurred in the southern part of the state. The Company further notes that all of its farms in the state growing permanent crops are insured by the Company or its tenant-farmers under policies that would cover both the crops and any potential loss of crop income.
Neutral
Accesswire
2 weeks ago
Gladstone Land Announces Monthly Cash Distributions for January, February and March 2025 and Earnings Release and Conference Call Dates for the Fourth Quarter Ended December 31, 2024
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of January, February and March 2025. Monthly Cash Distributions: Common Stock: $0.0467 per share of common stock for each of January, February and March 2025, payable per the table below: Summary of Common Stock Cash Distributions Record Date Payment Date Amount January 24 January 31 $ 0.0467 February 19 February 28 0.0467 March 19 March 31 0.0467 Total for the Quarter: $ 0.1401 The Company has paid 143 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 35 times over the prior 40 quarters.
Neutral
Seeking Alpha
1 month ago
Gladstone Land: A Record 5% Dividend Yield From U.S. Farmland
Gladstone Land owns 168 farms and nearly 54,000 acre-feet of water assets, with a 99.5% occupancy rate, but shares have dipped 20% over the last year. The REIT's NAV per share stands at $15.57, trading at a 29% discount, with a 5.04% dividend yield, offering a reasonable margin of safety. Third quarter revenue and cash flows have declined, with NAV per share dropping from $20.33 a year ago due to lower farm valuations and higher long-term borrowing costs.
Positive
Benzinga
1 month ago
Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In Q4
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Neutral
Seeking Alpha
2 months ago
Gladstone Land: I'm Sticking With The Preferred Shares
Gladstone Land's shift to crop-sharing leases will reduce base rent income in the short term and may boost future profitability. Preferred shares offer better value and safety compared to common shares, with dividends well covered despite high payout ratios. The REIT's balance sheet is improving, but farmland value declines have impacted NAV, making preferred shares more attractive.
Positive
The Motley Fool
2 months ago
Got $5,000? These High-Yield Dividend Stocks Can Turn It Into a Monthly Passive Income Stream Worth Nearly $275 Each Year.
Passive income can help get you on the road to financial freedom. As you grow your passive income sources, you'll become less reliant on your job to support your lifestyle.
Negative
Seeking Alpha
2 months ago
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, regional banks, investment banks, and insurance companies, raising concerns about sustainability. The threat of mass deportations could impact agricultural REITs like Gladstone Land, affecting labor supply and lease structures.
Neutral
Accesswire
2 months ago
Gladstone Land Announces Retirement of Chief Operating Officer Terry Lee Brubaker
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024.
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