Gladstone Land Corporation is a real estate investment trust that acquires and owns farmland and farm-related properties located in various agricultural markets in the United States. The Company owns around 168 farms, comprised of 112,000 acres in 15 different states and 46,400 acre-feet of water assets in California.
Its farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables. It 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.
Approximately 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 20% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities and processing buildings, among others.
Its adviser is Gladstone Management Corporation..
Price and Volume | |
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Volume | |
Ten Day Average Volume | 143.8K |
Three Month Average Volume | 3.4M |
High Low | |
Fifty-Two Week High | 15.9582 USD |
Fifty-Two Week Low | 12.31 USD |
Fifty-Two Week High Date | 01 Sep 2023 |
Fifty-Two Week Low Date | 18 Apr 2024 |
Price and Volume | |
Current Price | 13.57 USD |
Beta | 1 |
Relative Price Change | |
Four Week Relative Price Change | -10.99% |
Thirteen Week Relative Price Change | -6.08% |
Twenty-Six Week Relative Price Change | -6.00% |
Fifty-Two Week Relative Price Change | -31.15% |
Year-to-Date Relative Price Change | -20.70% |
Price Change | |
One Day Price Change | 0.52% |
Thirteen Week Price Change | 0.52% |
Twenty-Six Week Price Change | 3.35% |
Five Day Price Change | -0.44% |
Fifty-Two Week Price Change | -13.73% |
Year-to-Date Price Change | -6.09% |
Month-to-Date Price Change | -8.62% |
Per Share Data | |
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Book Value | |
Book Value Per Share (Last Fiscal Year) | 20.07936 USD |
Book Value Per Share (Most Recent Quarter) | 19.76841 USD |
Tangible Book Value Per Share (Last Fiscal Year) | 19.84846 USD |
Tangible Book Value Per Share (Most Recent Quarter) | 19.56787 USD |
EBITD | |
EBITD Per Share (Trailing Twelve Months) | 1.95317 USD |
Revenue | |
Revenue Per Share (Last Fiscal Year) | 2.52977 USD |
Revenue Per Share (Trailing Twelve Months) | 2.49856 USD |
Dividend | |
Dividend Per Share (Last Fiscal Year) | 0.5535 USD |
Dividend Per Share (Trailing Twelve Months) | 0.5571 USD |
Dividend Per Share (5 Year) | 0.54237 USD |
Earnings Per Share | |
Excluding Extraordinary Items (Last Fiscal Year) | -0.27571 USD |
Excluding Extraordinary Items (Trailing Twelve Months) | -0.1804 USD |
Normalized (Last Fiscal Year) | -0.34917 USD |
Basic Excluding Extraordinary Items (Last Fiscal Year) | -0.27571 USD |
Basic Excluding Extraordinary Items (Trailing Twelve Months) | -0.1804 USD |
Including Extraordinary Items (Last Fiscal Year) | -0.27571 USD |
Including Extraordinary Items (Trailing Twelve Months) | -0.1804 USD |
Cash | |
Cash Per Share (Last Fiscal Year) | 0.51819 USD |
Cash Per Share (Most Recent Quarter) | 1.38837 USD |
Cash Flow Per Share (Last Fiscal Year) | 0.76348 USD |
Cash Flow Per Share (Trailing Twelve Months) | 0.82775 USD |
Free Cash Flow Per Share (Trailing Twelve Months) | -0.50959 USD |
Margins | |
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Cash Flow Revenue | |
Cash Flow Revenue (5 Year) | -257 |
Cash Flow Revenue (Trailing Twelve Months) | -20 |
Pretax Margin | |
Pretax Margin (Trailing Twelve Months) | 19.77% |
Pretax Margin (Last Fiscal Year) | 16.11% |
Pretax Margin (5 Year) | 8.37% |
Gross Margin | |
Gross Margin (Last Fiscal Year) | 85.95% |
Gross Margin (Trailing Twelve Months) | 85.80% |
Gross Margin (5 Year) | 87.34% |
Operating Margin | |
Operating Margin (Last Fiscal Year) | 37.04% |
Operating Margin (Trailing Twelve Months) | 37.23% |
Operating Margin (5 Year) | 41.42% |
Net Profit Margin | |
Net Profit Margin (Last Fiscal Year) | 16.11% |
Net Profit Margin (Trailing Twelve Months) | 19.77% |
Net Profit Margin (5 Year) | 8.37% |
Growth | |
---|---|
Book Value | |
Book Value Per Share (5 Year) | 15.31% |
Tangible Book Value (5 Year) | 33.06% |
Free Operating Cash Flow | |
Free Operating Cash Flow (5 Year) | -99,999.99% |
Revenue | |
Revenue Change MRQ vs 1 Year Ago | 0.41% |
Revenue Growth (3 Year) | 19.76% |
Revenue Change (Trailing Twelve Months) | -2.05% |
Revenue Per Share Growth | 1.34% |
Revenue Growth (5 Year) | 16.60% |
Capital Spending Debt | |
Capital Spending (5 Year) | -32.89% |
Total Debt (5 Year) | 11.72% |
Dividends | |
Dividend Growth (3 Year) | 1.00% |
Earnings Per Share | |
EPS Change MRQ vs 1 Year Ago | -484.09% |
EPS Change (Trailing Twelve Months) | 42.73% |
EPS Growth (3 Year) | -99,999.99% |
EPS Growth (5 Year) | -99,999.99% |
EBITDA | |
EBITDA (5 Year) | 27.50% |
EBITDA (5 Year Interim) | 23.26% |
Net Profit Margin | |
Net Profit Margin Growth (5 Year) | 16.40% |
Valuation | |
---|---|
Total Price to Book | |
Price to Tangible Book (Last Fiscal Year) | 1 |
Price to Tangible Book (Most Recent Quarter) | 1 |
Price to Free Cash Flow | |
Price to Free Cash Per Share (Last Fiscal Year) | -100,000 |
Price to Free Cash Per Share (Trailing Twelve Months) | -100,000 |
Net Debt | |
Net Debt (Most Recent Quarter) | 559.4M |
Net Debt (Last Fiscal Year) | 615.1M |
Price to Sales | |
Price to Sales (Last Fiscal Year) | 5 |
Price to Sales (Trailing Twelve Months) | 5 |
Price to Earnings | |
PE Excluding Extraordinary Items (Last Fiscal Year) | -100,000 |
PE Normalized (Last Fiscal Year) | -100,000 |
PE Basic Excluding Extraordinary Items (Trailing Twelve Months) | -100,000 |
PE Excluding Extraordinary Items High (Trailing Twelve Months) | 249 |
PE Excluding Extraordinary Items Low (Trailing Twelve Months) | 249 |
PE Including Extraordinary Items (Trailing Twelve Months) | -100,000 |
Dividends | |
Dividend Yield (5 Year) | 2.88% |
Dividend Yield | 4.13% |
Current Dividend Yield | 4.11% |
Price to Book | |
Price to Book (Last Fiscal Year) | 1 |
Price to Book (Most Recent Quarter) | 1 |
Financial Strength | |
---|---|
Debt to Equity | |
Long Term Debt to Equity (Last Fiscal Year) | 88 |
Long Term Debt to Equity (Most Recent Quarter) | 86 |
Payout Ratio | |
Payout Ratio (Last Fiscal Year) | -99,999.99% |
Payout Ratio (Trailing Twelve Months) | -99,999.99% |
Quick Ratio | |
Quick Ratio (Last Fiscal Year) | -100,000 |
Quick Ratio (Most Recent Quarter) | -100,000 |
Enterprise Value | |
Current Enterprise Value to Free Cash Flow (Last Fiscal Year) | -100,000 |
Current Enterprise Value to Free Cash Flow (Trailing Twelve Months) | -100,000 |
Current Ratio | |
Current Ratio (Last Fiscal Year) | -100,000 |
Current Ratio (Most Recent Quarter) | -100,000 |
Free Cash Flow | |
Free Cash Flow (Last Fiscal Year) | -17,814,000 |
Free Cash Flow (Trailing Twelve Months) | -18,261,000 |
Net Interest Coverage | |
Net Interest Coverage (Last Fiscal Year) | 1 |
Net Interest Coverage (Trailing Twelve Months) | 1 |
Total Debt to Equity | |
Total Debt to Equity (Last Fiscal Year) | 88 |
Total Debt to Equity (Most Recent Quarter) | 86 |
Management Effectiveness | |
---|---|
Return on Assets | |
Return on Assets (Last Fiscal Year) | 1.02% |
Return on Assets (Trailing Twelve Months) | 1.27% |
Return on Assets (5 Year) | 0.52% |
Return on Equity | |
Return on Equity (Last Fiscal Year) | -1.36% |
Return on Equity (Trailing Twelve Months) | -0.90% |
Return on Equity (5 Year) | -1.67% |
Return on Investment | |
Return on Investment (Last Fiscal Year) | 1.04% |
Return on Investment (Trailing Twelve Months) | 1.29% |
Return on Investment (5 Year) | 0.53% |