Gladstone Land Corporation, Inc.
Symbol: LAND
CIK: 1495240
Exchange: NASDAQ
Founded: 2003 (17 years)
HQ: McLean, VA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Diversified, Farms
Externally Managed REIT
See LAND on Google Finance
See LAND on Yahoo Finance
See LAND on SEC.gov
 |
 |
 |
 |
 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day October 23, 2020
Closing Price: $14.42
Price Change: 0.06 (0.418%)
Lowest Price: $14.26
Highest Price: $14.54
52-Week Low: $9.61
52-Week High: $16.76
52-Week Change: 20.97%
5 Day Price Change: *Login
1 Month Price Change: *Login
3 Month Price Change: *Login
6 Month Price Change: *Login
YTD Price Change: *Login
1 Year Price Change: *Login
2 Year Price Change: *Login
5 Year Price Change: *Login
Dividend of Trading Day October 23, 2020
Annualized Dividend: *Login
Dividend Yield (TTM): *Login
Annualized Dividend (TTM): *Login
Ex Dividend Date: *Login
Dividend Frequency: *Login
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest News Headlines
- Thu, 22 Oct 2020 20:06:31 +0000 (UTC) - Gladstone Land Corporation Announces Nasdaq Listing of Series B Preferred Stock
- Thu, 15 Oct 2020 17:01:13 +0000 (UTC) - Gladstone Land Appoints Executive Vice Presidents
- Thu, 08 Oct 2020 13:40:04 +0000 (UTC) - Gladstone Land Corporation Announces Pricing of Common Stock Offering
- Wed, 07 Oct 2020 20:06:43 +0000 (UTC) - Gladstone Land Corporation Announces Common Stock Offering
- Thu, 01 Oct 2020 20:31:17 +0000 (UTC) - Gladstone Land Acquires Pistachio Orchard in California and Provides Other Company Updates
Funds From Operations (FFO)
Login to see Funds From Operations (FFO) 
Key Stats of Trading Day October 23, 2020
Current Debt: *Login
Revenue: *Login
Gross Profit: *Login
Total Revenue: *Login
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): *Login
Revenue Per Share: *Login
Revenue Per Employee: *Login
Employee: *Login
Debt to Equity Ratio (D/E): *Login
Enterprise Value (EV): *Login
Enterprise Value to Revenue (EV/R): *Login
Price to Sales (P/S): *Login
Price to Book (P/B): *Login
Peg Ratio: *Login
P/E Ratio: *Login
P/E High: *Login
P/E Low: *Login
Forward P/E Ratio: *Login
Market Capitalization: *Login
Latest Volume: *Login
Avg. Total Volume: *Login
Avg. 10 Volume: *Login
Avg. 30 Volume: *Login
TTM EPS: *Login
TTM Dividend Rate: *Login
Shares Outstanding: *Login
Float: *Login
50-Day Moving Avg.: *Login
200-Day Moving Avg.: *Login
Latest REIT Community Comments on #LAND
- Gladstone announced Q1 2020 results. AFFO for the quarter was approximately $5.4 million, an increase of approximately $1.9 million, or 53.4%, from the prior quarter, while AFFO per common share increased to approximately $0.25 for the current quarter, compared to $0.17 for the prior quarter. #LAND had total lease revenues increased by approximately $1.8 million, or 13.3%, primarily driven by an early lease termination payment received from an outgoing tenant and additional rents earned from recent acquisitions, partially offset by a decrease in the amount of participation rents recorded. - Greaterthan - 2020-05-10 16:51:40 - See full comment
- I bought #Land while prices were still reasonable, now just as about as high before the crash. why buy at these prices now? - heyyo - 2020-04-24 20:00:40 - See full comment
- They have a continuous dividend value increase, I think it is a good one to diversify with. I may try to pick up some #Land tomorrow. - braverduringtheday - 2020-04-16 21:15:44 - See full comment
Properties Owned by LAND
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 92 | 1 | 10 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
Properties Based on Earnings Report's 10-K
Occupancy Rate
Login to see Occupancy Rate
Dividend History
Below are the most recent cash dividends paid by LAND. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
Login to see Dividend History |
||||||
Financial Statements Overview
Balance Sheet (Quarterly)
See Annual Balance Sheet | See Quarterly Balance Sheet
Login to see Balance Sheet
Income Statement (Quarterly)
See Annual Income Statement | See Quarterly Income Statement
Login to see Income Statement
Cash Flow
See Annual Cash Flow | See Quarterly Cash Flow
Login to see Cash Flow
About Gladstone Land Corporation, Inc.
Gladstone Land Corporation (common stock listed on NASDAQ: LAND) is a real estate investment trust that specializes in purchasing farms and farm-related properties and leasing them to farmers. The company's goal is to build the premier farmland real estate company 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.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 10 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.3 |
| 7 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.6 |
| 9 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.9 |
| 4 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 6.8 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 8.4 |
| 5 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 7.2 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 7.8 |
| Rating | Leverage Section | Avg. Rating |
| 2 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.0 |
| 9 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.5 |
| 8 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 8.2 |
| 5 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.5 |
| 5 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 8 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.4 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 7.2 |
| Rating | Properties Section | Avg. Rating |
| 10 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.6 |
| 10 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 7.1 |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.1 |
| 9 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 10 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.8 |
| 7.7 | Overall REITRating™ Score | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Potlatch Corporation (PCH) | 7.6 | NASDAQ | Mid-Cap | Timber | United States |
| Power REIT (PW) | 6.7 | NYSE | Micro-Cap | Infrastructure | United States |
| CatchMark Timber Trust, Inc (CTT) | 5.7 | NYSE | Small-Cap | Timber | United States |