Gladstone Land Corp LAND

Morningstar Rating
$13.80 −0.03 (0.22%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LAND is trading at a 79% premium.
Price
$13.77
Fair Value
$75.21
Uncertainty
High
1-Star Price
$96.24
5-Star Price
$24.80
Economic Moat
Tbrxk
Capital Allocation

News

Trading Information

Previous Close Price
$13.83
Day Range
$13.7613.88
52-Week Range
$12.3115.36
Bid/Ask
$13.73 / $13.90
Market Cap
$494.57 Mil
Volume/Avg
183,483 / 166,439

Key Statistics

Price/Earnings (Normalized)
Price/Sales
5.52
Dividend Yield (Trailing)
4.05%
Dividend Yield (Forward)
4.06%
Total Yield
4.05%

Company Profile

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).
Sector
Real Estate
Industry
REIT - Specialty
Stock Style Box
Small Value
Total Number of Employees
0

Comparables

Valuation

Metric
LAND
FPI
RFF
Price/Earnings (Normalized)
332.4816.68
Price/Book Value
0.701.020.71
Price/Sales
5.5210.617.98
Price/Cash Flow
9.8649.4424.01
Price/Earnings
LAND
FPI
RFF

Financial Strength

Metric
LAND
FPI
RFF
Quick Ratio
3.420.770.50
Current Ratio
3.420.971.69
Interest Coverage
1.781.964.25
Quick Ratio
LAND
FPI
RFF

Profitability

Metric
LAND
FPI
RFF
Return on Assets (Normalized)
1.29%1.24%1.12%
Return on Equity (Normalized)
2.48%2.53%1.92%
Return on Invested Capital (Normalized)
2.96%3.04%1.47%
Return on Assets
LAND
FPI
RFF

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