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LAND.US - Current Price

$9.58

Company Information

Company Name
Gladstone Land Corporation
Sector
Real Estate
Industry
REIT - Specialty
Exchange
NASDAQ
ISIN: US3765491010
CIK: 0001495240
CUSIP: 376549101
Currency: USD
Full Time Employees: 0
Phone: 703 287 5800
Fiscal Year End: December
IPO Date: Jan 29, 2013
Description:

Gladstone Land Corporation is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. The Company currently owns 150 farms, comprised of approximately 103,000 acres in 15 different states and over 55,000 acre-feet of water assets in California. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus years and harvested annually. Over 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and nearly 20% of its permanent crop acreage falls into this category. Gladstone Land pays monthly distributions to its stockholders and has paid 150 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is $0.0467 per month, or $0.5604 per year. Gladstone Land Corporation was founded in 1997.

Address:

1521 Westbranch Drive, McLean, VA, United States, 22102-3211

Directors & Officers

Name Title Year Born
Ms. Paula Novara Head of Resource Management & Director 1969
Mr. David John Gladstone Founder, Chairman, CEO & President 1942
Mr. Lewis Parrish CPA CFO & Assistant Treasurer 1979
Mr. Michael Bernard LiCalsi Esq., J.D. Chief Administrative Officer, Co-General Counsel & Co-Secretary 1970
Mr. John Anthony Dellafiora Jr., CPA Chief Compliance Officer NA
Mr. William Reiman Executive Vice President of West Coast Operations 1970
Ms. Jennifer A. Smith Chief Valuation Officer NA
Mr. Jay Beckhorn CPA, CPA Treasurer 1962
Mr. Erich Hellmold Co-General Counsel & Co-Secretary NA

Shares Statistics

Shares Outstanding: 37.27M
Shares Float: 34.73M
% Insiders: 679.90%
% Institutions: 4,550.50%
Short % Float: 5.07%

Valuation Metrics

Enterprise Value: $826.08M
Trailing P/E: 0.00
Forward P/E: 0.00

Financial Highlights

Market Cap: $357.02M
EBITDA: $60.61M
PEG Ratio: $22.95
Book Value: $18.23
Dividend/Share: $0.56
Dividend Yield: 5.94%
Earnings/Share: $-0.39
Profit Margin: 14.51%
Operating Margin: 27.28%
ROA (TTM): 0.76%
ROE (TTM): 1.46%
Revenue (TTM): $67.94M
Revenue/Share (TTM): $1.88
Earnings Growth (YOY): 21.10%
Revenue Growth (YOY): -21.00%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income

Operating Expenses

Balance Sheet Overview

Earnings Per Share (EPS)

Earnings History

Date EPS Actual EPS Estimate Difference Surprise %
Dec 31, 2025 0.00 0.18 N/A -10,000.00%
Sep 30, 2025 -0.11 -0.20 N/A 4,500.00%
Jun 30, 2025 -0.39 -0.18 N/A -11,666.67%
Mar 31, 2025 0.25 -0.16 N/A 25,625.00%
Dec 31, 2024 -0.15 -0.11 N/A -3,333.33%
Sep 30, 2024 -0.16 -0.10 N/A -6,000.00%
Jun 30, 2024 -0.18 -0.12 N/A -5,000.00%
Mar 31, 2024 0.21 -0.10 N/A 31,000.00%
Dec 31, 2023 -0.12 -0.06 N/A -10,000.00%
Sep 30, 2023 -0.08 -0.09 N/A 1,111.11%
Jun 30, 2023 0.05 -0.13 N/A 13,846.15%
Mar 31, 2023 -0.12 -0.09 N/A -3,333.33%
Dec 31, 2022 -0.14 -0.07 N/A -10,000.00%
Sep 30, 2022 -0.10 -0.07 N/A -4,285.71%
Jun 30, 2022 -0.11 -0.11 N/A 0.00%
Mar 31, 2022 -0.08 -0.05 N/A -6,000.00%
Dec 31, 2021 -0.04 -0.04 N/A 0.00%
Sep 30, 2021 -0.05 -0.06 N/A 1,666.67%
Jun 30, 2021 -0.12 -0.07 N/A -7,142.86%
Mar 31, 2021 -0.08 -0.05 N/A -6,000.00%
Dec 31, 2020 -0.10 -0.02 N/A -40,000.00%
Sep 30, 2020 -0.04 -0.04 N/A 0.00%
Jun 30, 2020 -0.10 -0.07 N/A -4,285.71%
Mar 31, 2020 0.04 0.03 N/A 3,333.33%
Dec 31, 2019 -0.03 -0.05 N/A 4,000.00%
Sep 30, 2019 -0.03 -0.04 N/A 2,500.00%
Jun 30, 2019 -0.04 -0.04 N/A 0.00%
Mar 31, 2019 -0.03 -0.02 N/A -5,000.00%
Dec 31, 2018 -0.07 -0.02 N/A -25,000.00%
Sep 30, 2018 -0.04 -0.04 N/A 0.00%
Jun 30, 2018 -0.03 -0.01 N/A -20,000.00%
Mar 31, 2018 -0.02 -0.01 N/A -10,000.00%
Dec 31, 2017 -0.01 -0.01 N/A 0.00%
Sep 30, 2017 -0.02 0.01 N/A -30,000.00%
Jun 30, 2017 0.02 0.02 N/A 0.00%
Mar 31, 2017 0.02 -0.01 N/A 30,000.00%
Dec 31, 2016 0.01 0.14 N/A -9,285.71%
Sep 30, 2016 0.00 0.13 N/A -9,774.94%
Jun 30, 2016 0.01 0.03 N/A -6,666.67%
Mar 31, 2016 0.02 0.03 N/A -3,333.33%
Dec 31, 2015 0.04 0.01 N/A 30,000.00%
Sep 30, 2015 0.02 -0.01 N/A 30,000.00%
Jun 30, 2015 0.02 -0.01 N/A 30,000.00%
Mar 31, 2015 0.00 -0.01 N/A 13,200.00%
Dec 31, 2014 0.01 0.02 N/A -5,000.00%
Sep 30, 2014 0.02 0.00 N/A N/A
Jun 30, 2014 -0.05 0.01 N/A -60,000.00%
Mar 31, 2014 0.00 0.03 N/A -8,933.33%
Dec 31, 2013 -0.20 0.02 N/A -110,000.00%
Sep 30, 2013 0.00 0.05 N/A -9,860.00%
Jun 30, 2013 0.00 0.04 N/A -8,850.00%
Mar 31, 2013 0.01 0.04 N/A -7,500.00%
Dec 31, 2012 0.04 N/A N/A N/A

Balance Sheet (Yearly)

Date Cash Total Debt Total Assets Total Liabilities Total Equity
2024-12-31 $18.28M $N/A $1.31B $625.01M $687.18M
2023-12-31 $18.57M $N/A $1.39B $667.71M $719.61M
2022-12-31 $61.14M $N/A $1.46B $725.89M $731.36M
2021-12-31 $16.71M $N/A $1.35B $762.48M $586.82M
2020-12-31 $9.22M $N/A $1.07B $683.50M $383.79M
2019-12-31 $13.69M $N/A $816.79M $537.82M $276.62M
2018-12-31 $14.73M $N/A $565.12M $384.07M $176.25M
2017-12-31 $2.94M $N/A $462.28M $344.33M $109.92M
2016-12-31 $2.44M $N/A $333.99M $246.21M $76.69M
2015-12-31 $2.53M $N/A $229.74M $151.73M $78.01M
2014-12-31 $2.62M $N/A $151.70M $91.73M $59.97M
2013-12-31 $16.27M $N/A $93.67M $45.16M $48.51M
2012-12-31 $873.47K $N/A $40.50M $32.36M $8.14M
2011-12-31 $2.00M $N/A $32.77M $25.23M $7.54M
2010-12-31 $1.97M $N/A $29.03M $20.49M $8.55M

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 13, 2025 N/A N/A N/A N/A N/A N/A

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