LAND

Gladstone Land Corp

10.54 USD
+0.03
0.29%
At close Dec 20, 4:00 PM EST
After hours
10.54
+0.00
0.00%
1 day
0.29%
5 days
-5.30%
1 month
-11.05%
3 months
-24.23%
6 months
-20.15%
Year to date
-27.16%
1 year
-26.81%
5 years
-17.66%
10 years
5.40%
 

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 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

16% more call options, than puts

Call options by funds: $1.66M | Put options by funds: $1.43M

6% more funds holding

Funds holding: 166 [Q2] → 176 (+10) [Q3]

2% more capital invested

Capital invested by funds: $219M [Q2] → $223M (+$4.11M) [Q3]

0.11% less ownership

Funds ownership: 44.58% [Q2] → 44.47% (-0.11%) [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 5 articles about LAND published over the past 30 days

Neutral
Seeking Alpha
3 days 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.
Gladstone Land: A Record 5% Dividend Yield From U.S. Farmland
Positive
Benzinga
1 week 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.
Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In Q4
Neutral
Seeking Alpha
3 weeks 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.
Gladstone Land: I'm Sticking With The Preferred Shares
Positive
The Motley Fool
3 weeks 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.
Got $5,000? These High-Yield Dividend Stocks Can Turn It Into a Monthly Passive Income Stream Worth Nearly $275 Each Year.
Negative
Seeking Alpha
4 weeks 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.
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Neutral
Accesswire
1 month 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.
Gladstone Land Announces Retirement of Chief Operating Officer Terry Lee Brubaker
Neutral
Seeking Alpha
1 month ago
Gladstone Land Corporation (LAND) Q3 2024 Earnings Call Transcript
Gladstone Land Corporation (NASDAQ:LAND ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 PM ET Company Participants David J. Gladstone - Chairman, Chief Executive Officer and President Michael LiCalsi - General Counsel and Secretary Lewis Parrish - Chief Financial Officer and Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery Scott Craig Kucera - Lucid Capital Markets John Massocca - B.
Gladstone Land Corporation (LAND) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Gladstone Land (LAND) Q3 FFO Match Estimates
Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.13 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.16 per share a year ago.
Gladstone Land (LAND) Q3 FFO Match Estimates
Neutral
Accesswire
1 month ago
Gladstone Land Announces Third Quarter 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESSWIRE / November 6, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the third quarter ended September 30, 2024.
Gladstone Land Announces Third Quarter 2024 Results
Neutral
Accesswire
1 month ago
UPDATE: Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / November 5, 2024 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Third Quarter Ended September 30, 2024, Earnings Call & Webcast When: Thursday, November 7, 2024 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=xhRxTltg How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through November 14, 2024.
UPDATE: Gladstone Land Corporation Earnings Call and Webcast Information
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