LAND

Gladstone Land Corporation

12.07

Top Statistics
Market Cap 436 M Forward PE -31.56 Revenue Growth -3.90 %
Current Ratio 0.88 Trailing PE 0.0000 Earnings Growth 0.00 %
Profit Margins 16.47 % Peg Ratio Dividend Yield 4.64 %
Enterprice / EBITA 14.54 Enterprise / Revenue 11.40 Price To Sales Trailing12 Months 4.94
Profitability
Profit Margins 16.47 % Operating Margins 39.85 %
Balance Sheet
Total Cash 18 M Total Cash Per Share 0.5250 Total Debt 591 M
Total Debt To Equity 85.51 Current Ratio 0.88 Book Value Per Share 19.29
All Measures
Short Ratio 302.00 % Message Board Id finmb_111484076 Fax 703 287 5899
Shares Short Prior Month 557012 Return On Equity 0.0205 City McLean
Uuid 479a809c-0b6e-3aef-93b1-df16f976df06 Previous Close 11.93 First Trade Date Epoch Utc 1 B
Book Value 19.29 Beta 1.08 Total Debt 591 M
Volume 261789 Price To Book 0.6258 Fifty Two Week Low 11.65
Total Cash Per Share 0.5250 Total Revenue 88 M Shares Short Previous Month Date 1 B
Target Median Price 14.50 Max Age 86400 Recommendation Mean 2.43
Sand P52 Week Change 0.3133 Operating Margins 39.85 % Last Dividend Value 0.0470
Target Mean Price 14.75 Net Income To Common -9287000 Short Percent Of Float 0.0202
Implied Shares Outstanding 36 M Trailing Peg Ratio None Last Fiscal Year End 1 B
Average Daily Volume10 Day 279090 Average Volume10days 279090 Total Cash 18 M
Next Fiscal Year End 1 B Revenue Per Share 2.47 Held Percent Insiders 0.0706
Ebitda Margins 78.41 % Dividend Rate 0.5600 Trailing PE 0.0000
Date Short Interest 1 B Most Recent Quarter 1 B Regular Market Previous Close 11.93
Target Low Price 14.00 Gmt Off Set Milliseconds -18000000 Fifty Day Average 13.17
Open 11.95 Dividend Yield 4.64 % State VA
Free Cashflow 50 M Return On Assets 0.0150 Time Zone Short Name EST
Trailing Eps -0.2600 Day Low 11.95 Address1 1521 Westbranch Drive
Trailing Annual Dividend Rate 0.5590 Price Hint 2 Shares Outstanding 36 M
Target High Price 16.00 Website https://www.gladstonefarms.com 52 Week Change -0.1589
Average Volume 196515 Earnings Quarterly Growth -99.80 % Forward Eps -0.4000
Recommendation Key buy Compensation As Of Epoch Date 1 B Quick Ratio 87.80 %
Is_sp_500 False Regular Market Day High 12.24 Profit Margins 16.47 %
Debt To Equity 85.51 Fifty Two Week High 15.36 Day High 12.24
Shares Short 679622 Regular Market Open 11.95 Industry Key reit-specialty
Earnings Growth 0.00 % Enterprise To Revenue 11.40 Revenue Growth -3.90 %
Shares Percent Shares Out 0.0188 Operating Cashflow 35 M Five Year Avg Dividend Yield 321.00 %
Currency USD Market Cap 436 M Time Zone Full Name America/New_York
Is_nasdaq_100 False Zip 22102-3211 Payout Ratio 1111.80 %
Quote Type EQUITY Industry REIT - Specialty Ex Dividend Date 1 B
Regular Market Day Low 11.95 Held Percent Institutions 0.4686 Long Name Gladstone Land Corporation
Current Price 12.07 Address2 Suite 100 Enterprise To Ebitda 14.54
Trailing Annual Dividend Yield 4.69 % Financial Currency USD Current Ratio 0.88
Gross Margins 84.86 % Industry Disp REIT - Specialty Number Of Analyst Opinions 6
Country United States Float Shares 34 M Two Hundred Day Average 13.41
Enterprise Value 1 B Price To Sales Trailing12 Months 4.94 Forward PE -31.56
Regular Market Volume 261789 Last Dividend Date 1 B Ebitda 69 M
Exchange NGM
Go to Yahoo Finance Go to Seeking Alpha
Founded in 1997, Gladstone Land 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.

and leases its properties to unrelated third-party farmers.

The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.

6 billion.

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, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 20-plus years and harvested annually.

Approximately 40% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category.

The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers.

Gladstone Land pays monthly distributions to its stockholders and has paid 129 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013.

The Company has increased its common distributions 32 times over the prior 35 quarters, and the current per-share distribution on its common stock is $0.

0464 per month, or $0.

5568 per year.