Gladstone Land Corp LAND
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.
News
-
Gladstone Land Provides Update on Its Permanent Crop Portfolio
-
Gladstone Land Announces Election of Katharine Cornell Gorka as Director
-
Gladstone Land Announces Second Quarter 2024 Results
-
Gladstone Land Corporation Earnings Call and Webcast Information
-
Gladstone Land Announces Updated Monthly Cash Distribution Dates for July, August and September 2024 For its Series E Preferred Stock
-
Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2024 and Earnings Release and Conference Call Dates for the Second Quarter Ended June 30, 2024
Trading Information
- Previous Close Price
- $13.83
- Day Range
- $13.76–13.88
- 52-Week Range
- $12.31–15.36
- 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
- Website
- https://www.gladstonefarms.com
Comparables
Valuation
Metric
|
LAND
|
FPI
|
RFF
|
---|---|---|---|
Price/Earnings (Normalized) | — | 332.48 | 16.68 |
Price/Book Value | 0.70 | 1.02 | 0.71 |
Price/Sales | 5.52 | 10.61 | 7.98 |
Price/Cash Flow | 9.86 | 49.44 | 24.01 |
Price/Earnings
LAND
FPI
RFF
Financial Strength
Metric
|
LAND
|
FPI
|
RFF
|
---|---|---|---|
Quick Ratio | 3.42 | 0.77 | 0.50 |
Current Ratio | 3.42 | 0.97 | 1.69 |
Interest Coverage | 1.78 | 1.96 | 4.25 |
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
REIT - Specialty Industry Comparables
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