Gladstone Land Key Executives
This section highlights Gladstone Land's key executives, including their titles and compensation details.
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Gladstone Land Earnings
This section highlights Gladstone Land's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-20 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-07 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-09 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-08 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-21 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-08 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-08 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-09 | N/A | N/A |
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 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 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, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 93 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year.
$10.46
Stock Price
$378.49M
Market Cap
72
Employees
McLean, VA
Location
Financial Statements
Access annual & quarterly financial statements for Gladstone Land, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $84.76M | $90.40M | $89.24M | $75.32M | $57.03M |
| Cost of Revenue | $- | $12.80M | $2.82M | $2.54M | $1.85M |
| Gross Profit | $84.76M | $77.59M | $86.42M | $72.78M | $55.18M |
| Gross Profit Ratio | 100.00% | 85.80% | 96.84% | 96.60% | 96.76% |
| Research and Development Expenses | $- | $- | $0 | $0 | $0 |
| General and Administrative Expenses | $5.08M | $6.95M | $13.05M | $9.99M | $7.84M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $5.08M | $6.95M | $13.05M | $9.99M | $7.84M |
| Other Expenses | $257.00K | $- | $39.44M | $31.08M | $19.69M |
| Operating Expenses | $5.33M | $6.95M | $52.50M | $41.08M | $27.53M |
| Cost and Expenses | $5.33M | $19.75M | $55.31M | $43.61M | $29.38M |
| Interest Income | $- | $- | $2.80M | $2.20M | $1.30M |
| Interest Expense | $21.89M | $23.66M | $25.74M | $24.88M | $20.62M |
| Depreciation and Amortization | $35.11M | $37.16M | $55.31M | $43.61M | $29.38M |
| EBITDA | $70.29M | $70.64M | $69.73M | $58.17M | $44.34M |
| EBITDA Ratio | 82.92% | 78.15% | 78.14% | 77.23% | 77.75% |
| Operating Income | $79.43M | $70.58M | $34.27M | $30.87M | $27.69M |
| Operating Income Ratio | 93.71% | 78.08% | 38.40% | 40.98% | 48.55% |
| Total Other Income Expenses Net | $-66.14M | $-56.02M | $-29.20M | $-28.19M | $-22.70M |
| Income Before Tax | $13.29M | $14.56M | $4.72M | $3.51M | $4.96M |
| Income Before Tax Ratio | 15.68% | 16.11% | 5.28% | 4.67% | 8.69% |
| Income Tax Expense | $23.75M | $- | $25.74M | $24.06M | $20.68M |
| Net Income | $13.29M | $14.56M | $-21.02M | $-20.55M | $-15.73M |
| Net Income Ratio | 15.68% | 16.11% | -23.56% | -27.28% | -27.58% |
| EPS | $-0.29 | $-0.28 | $-0.61 | $-0.68 | $-0.71 |
| EPS Diluted | $-0.29 | $-0.28 | $-0.61 | $-0.68 | $-0.71 |
| Weighted Average Shares Outstanding | 35.91M | 35.73M | 34.56M | 30.36M | 22.26M |
| Weighted Average Shares Outstanding Diluted | 35.91M | 35.73M | 34.56M | 30.36M | 22.26M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.10M | $22.57M | $21.30M | $20.25M | $24.45M | $23.53M | $21.21M | $21.20M | $24.79M | $24.21M | $20.29M | $19.94M | $22.80M | $19.59M | $16.89M | $16.03M | $15.12M | $13.99M | $12.64M | $15.28M |
| Cost of Revenue | $1.86M | $22.57M | $12.11M | $11.82M | $1.46M | $23.53M | $887.00K | $1.13M | $716.00K | $706.00K | $695.00K | $703.00K | $505.00K | $696.00K | $906.00K | $429.00K | $323.00K | $287.00K | $717.00K | $521.00K |
| Gross Profit | $19.24M | $- | $9.19M | $8.43M | $23.00M | $- | $20.32M | $20.07M | $24.07M | $23.50M | $19.60M | $19.24M | $22.30M | $18.89M | $15.99M | $15.61M | $14.80M | $13.70M | $11.92M | $14.76M |
| Gross Profit Ratio | 91.19% | 0.00% | 43.10% | 41.60% | 94.00% | 0.00% | 95.80% | 94.70% | 97.10% | 97.10% | 96.60% | 96.50% | 97.80% | 96.40% | 94.60% | 97.30% | 97.86% | 97.95% | 94.33% | 96.59% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $3.31M | $1.34M | $3.40M | $3.33M | $3.45M | $1.22M | $3.45M | $3.51M | $3.43M | $3.36M | $3.07M | $3.18M | $2.80M | $2.62M | $2.30M | $2.27M | $2.13M | $1.84M | $1.89M | $1.97M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $3.31M | $1.34M | $3.40M | $3.33M | $3.45M | $1.22M | $3.45M | $3.51M | $3.43M | $3.36M | $3.07M | $3.18M | $2.80M | $2.62M | $2.30M | $2.27M | $2.13M | $1.84M | $1.89M | $1.97M |
| Other Expenses | $15.93M | $42.00K | $497.00K | $-1.17M | $-487.00K | $-373.00K | $-391.00K | $9.12M | $11.93M | $9.65M | $8.39M | $9.48M | $-737.00K | $-735.00K | $-735.00K | $1.43M | $-254.00K | $-135.00K | $-437.00K | $866.00K |
| Operating Expenses | $19.24M | $1.38M | $12.21M | $1.17M | $14.18M | $1.22M | $12.50M | $12.63M | $15.36M | $13.01M | $11.46M | $12.66M | $12.50M | $10.51M | $8.59M | $9.48M | $7.66M | $6.57M | $5.74M | $7.56M |
| Cost and Expenses | $21.10M | $23.95M | $13.43M | $12.99M | $15.64M | $24.76M | $13.38M | $13.76M | $16.07M | $13.71M | $12.16M | $13.36M | $13.01M | $11.21M | $9.49M | $9.91M | $7.99M | $6.86M | $6.45M | $8.08M |
| Interest Income | $- | $- | $- | $- | $- | $6.23M | $6.33M | $2.30M | $7.21M | $6.99M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $5.39M | $5.40M | $5.54M | $5.55M | $5.83M | $5.86M | $5.94M | $6.04M | $6.29M | $6.48M | $6.52M | $6.45M | $6.42M | $6.13M | $6.14M | $6.19M | $5.47M | $5.20M | $4.99M | $4.96M |
| Depreciation and Amortization | $8.63M | $8.83M | $8.81M | $8.79M | $9.75M | $9.24M | $9.04M | $9.12M | $9.48M | $9.15M | $8.39M | $8.35M | $7.90M | $6.94M | $6.29M | $6.05M | $4.66M | $3.92M | $3.82M | $4.26M |
| EBITDA | $14.58M | $14.24M | $13.55M | $16.05M | $18.57M | $18.64M | $16.87M | $16.56M | $17.82M | $18.79M | $16.52M | $14.93M | $17.70M | $15.33M | $13.68M | $12.18M | $10.21M | $10.71M | $10.03M | $11.45M |
| EBITDA Ratio | 69.12% | 63.07% | 78.31% | 79.25% | 74.14% | 39.28% | 77.65% | 86.90% | 71.88% | 78.98% | 78.14% | 84.90% | 74.80% | 74.50% | 76.71% | 84.79% | 76.24% | 77.91% | 75.82% | 80.85% |
| Operating Income | $- | $8.98M | $7.86M | $7.26M | $-21.94M | $9.40M | $7.40M | $9.28M | $8.32M | $9.95M | $7.44M | $8.56M | $8.40M | $8.38M | $7.40M | $6.13M | $7.14M | $7.13M | $6.18M | $7.20M |
| Operating Income Ratio | 0.00% | 39.78% | 36.93% | 35.85% | -89.74% | 39.93% | 34.90% | 43.78% | 33.54% | 41.11% | 36.67% | 42.93% | 36.84% | 42.80% | 43.79% | 38.21% | 47.20% | 50.98% | 48.93% | 47.10% |
| Total Other Income Expenses Net | $540.00K | $-8.97M | $-8.69M | $6.31M | $-6.99M | $-6.26M | $-8.98M | $-5.70M | $-8.46M | $-8.69M | $-7.52M | $-5.39M | $-7.81M | $-6.88M | $-7.93M | $-5.57M | $-7.05M | $-5.55M | $-6.00M | $-4.10M |
| Income Before Tax | $540.00K | $6.00K | $-823.00K | $13.57M | $1.82M | $3.14M | $7.86M | $1.75M | $1.11M | $1.81M | $613.00K | $1.19M | $1.99M | $1.50M | $-531.00K | $554.00K | $91.00K | $1.58M | $182.00K | $3.10M |
| Income Before Tax Ratio | 2.56% | 0.03% | -3.86% | 66.99% | 7.44% | 13.35% | 37.03% | 8.25% | 4.48% | 7.46% | 3.02% | 5.95% | 8.72% | 7.67% | -3.14% | 3.46% | 0.60% | 11.30% | 1.44% | 20.29% |
| Income Tax Expense | $- | $- | $- | $8.75M | $-3.47M | $-3.54M | $5.52M | $1.50M | $6.29M | $6.48M | $6.52M | $6.45M | $6.42M | $5.38M | $5.39M | $7.64M | $-53.00K | $5.06M | $4.57M | $5.91M |
| Net Income | $540.00K | $6.00K | $-823.00K | $13.57M | $1.82M | $3.14M | $7.86M | $253.00K | $-5.18M | $-4.67M | $-5.91M | $-5.26M | $1.98M | $1.50M | $-530.00K | $553.00K | $114.00K | $1.57M | $184.00K | $3.06M |
| Net Income Ratio | 2.56% | 0.03% | -3.86% | 66.99% | 7.44% | 13.35% | 37.03% | 1.19% | -20.90% | -19.29% | -29.12% | -26.38% | 8.67% | 7.63% | -3.14% | 3.45% | 0.75% | 11.21% | 1.46% | 20.02% |
| EPS | $-0.15 | $-0.16 | $-0.02 | $0.38 | $0.05 | $0.09 | $0.22 | $0.01 | $-0.15 | $-0.13 | $-0.17 | $-0.15 | $-0.14 | $-0.05 | $-0.02 | $-0.08 | $0.01 | $-0.04 | $-0.10 | $0.04 |
| EPS Diluted | $-0.15 | $-0.16 | $-0.02 | $0.38 | $0.05 | $0.09 | $0.22 | $0.01 | $-0.15 | $-0.13 | $-0.17 | $-0.15 | $-0.14 | $-0.05 | $-0.02 | $-0.08 | $0.01 | $-0.04 | $-0.10 | $0.04 |
| Weighted Average Shares Outstanding | 35.91M | 35.84M | 35.84M | 35.84M | 35.84M | 35.82M | 35.72M | 35.55M | 34.83M | 34.61M | 34.52M | 34.29M | 31.36M | 31.36M | 29.36M | 26.87M | 21.99M | 21.99M | 21.42M | 21.26M |
| Weighted Average Shares Outstanding Diluted | 35.91M | 35.84M | 35.84M | 35.84M | 35.84M | 35.82M | 35.72M | 35.55M | 34.83M | 34.61M | 34.52M | 34.29M | 31.36M | 31.36M | 29.36M | 26.87M | 21.99M | 21.99M | 21.42M | 21.26M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $18.27M | $18.57M | $61.14M | $16.71M | $9.22M |
| Short Term Investments | $- | $1.57M | $9.01M | $- | $- |
| Cash and Short Term Investments | $18.27M | $18.57M | $61.14M | $16.71M | $9.22M |
| Net Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $53.63M | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- |
| Total Current Assets | $18.27M | $72.20M | $61.14M | $16.71M | $9.22M |
| Property Plant Equipment Net | $- | $35.17M | $34.62M | $34.67M | $136.00K |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $3.59M | $4.78M | $5.70M | $4.46M | $3.73M |
| Goodwill and Intangible Assets | $3.59M | $4.78M | $5.70M | $4.46M | $3.73M |
| Long Term Investments | $- | $11.60M | $14.81M | $3.10M | $1.20M |
| Tax Assets | $- | $-46.77M | $-49.43M | $-37.77M | $-1.34M |
| Other Non-Current Assets | $- | $1.26B | $1.39B | $1.33B | $1.05B |
| Total Non-Current Assets | $3.59M | $1.32B | $1.40B | $1.33B | $1.06B |
| Other Assets | $1.29B | $- | $- | $- | $- |
| Total Assets | $1.31B | $1.39B | $1.46B | $1.35B | $1.07B |
| Account Payables | $18.40M | $10.30M | $16.27M | $10.87M | $9.08M |
| Short Term Debt | $3.60M | $- | $100.00K | $100.00K | $100.00K |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $2.97M | $4.07M | $4.37M | $5.16M | $3.88M |
| Total Current Liabilities | $24.98M | $14.37M | $20.74M | $15.20M | $11.66M |
| Long Term Debt | $523.92M | $575.80M | $628.51M | $670.22M | $624.66M |
| Deferred Revenue Non-Current | $- | $- | $725.89M | $762.48M | $683.50M |
| Deferred Tax Liabilities Non-Current | $- | $- | $2.11M | $2.33M | $702.00K |
| Other Non-Current Liabilities | $76.11M | $77.54M | $76.74M | $76.13M | $45.77M |
| Total Non-Current Liabilities | $600.04M | $653.34M | $705.15M | $747.29M | $671.83M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $625.01M | $667.71M | $725.89M | $762.48M | $683.50M |
| Preferred Stock | $59.93M | $16.00K | $16.00K | $9.00K | $7.00K |
| Common Stock | $36.00K | $36.00K | $35.00K | $34.00K | $26.00K |
| Retained Earnings | $- | $-144.01M | $-114.37M | $-80.47M | $-55.21M |
| Accumulated Other Comprehensive Income Loss | $7.63M | $7.37M | $9.01M | $-1.04M | $-1.50M |
| Other Total Stockholders Equity | $619.58M | $856.21M | $836.67M | $668.27M | $440.47M |
| Total Stockholders Equity | $687.18M | $719.61M | $731.36M | $586.82M | $383.79M |
| Total Equity | $687.18M | $719.61M | $1.36B | $589.07M | $1.03B |
| Total Liabilities and Stockholders Equity | $1.31B | $1.39B | $1.46B | $1.35B | $1.07B |
| Minority Interest | $- | $- | $626.58M | $2.25M | $644.14M |
| Total Liabilities and Total Equity | $1.31B | $1.39B | $1.46B | $1.35B | $1.07B |
| Total Investments | $- | $13.17M | $14.81M | $3.10M | $1.20M |
| Total Debt | $527.52M | $574.11M | $626.50M | $667.98M | $624.06M |
| Net Debt | $509.25M | $555.54M | $565.36M | $651.27M | $614.84M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $18.27M | $13.21M | $49.76M | $51.55M | $18.57M | $25.08M | $48.21M | $38.73M | $61.14M | $37.01M | $48.44M | $49.38M | $16.71M | $66.49M | $66.79M | $72.89M | $9.22M | $6.46M | $24.78M | $30.23M |
| Short Term Investments | $- | $- | $8.34M | $8.37M | $7.37M | $10.27M | $8.71M | $7.36M | $9.01M | $9.46M | $6.26M | $3.69M | $- | $- | $- | $561.00K | $- | $- | $1.43M | $1.26M |
| Cash and Short Term Investments | $18.27M | $13.21M | $49.76M | $51.55M | $18.57M | $25.08M | $48.21M | $38.73M | $61.14M | $37.01M | $48.44M | $49.38M | $16.71M | $66.49M | $66.79M | $72.89M | $9.22M | $6.46M | $24.78M | $30.23M |
| Net Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $46.31M | $- | $- | $- | $53.63M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Current Assets | $64.59M | $13.21M | $49.76M | $51.55M | $72.20M | $25.08M | $48.21M | $38.73M | $61.14M | $37.01M | $48.44M | $49.38M | $16.71M | $66.49M | $66.79M | $72.89M | $9.22M | $6.46M | $24.78M | $30.23M |
| Property Plant Equipment Net | $- | $- | $36.90M | $35.40M | $35.17M | $34.00M | $34.00M | $34.00M | $34.62M | $34.00M | $34.00M | $34.00M | $34.67M | $19.60M | $1.10B | $683.00K | $1.05B | $858.75M | $820.76M | $799.46M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $3.59M | $3.94M | $4.26M | $4.55M | $4.78M | $5.02M | $5.26M | $5.52M | $5.70M | $5.95M | $5.03M | $4.19M | $4.46M | $4.74M | $5.04M | $4.39M | $3.73M | $3.63M | $3.68M | $4.00M |
| Goodwill and Intangible Assets | $3.59M | $3.94M | $4.26M | $4.55M | $4.78M | $5.02M | $5.26M | $5.52M | $5.70M | $5.95M | $5.03M | $4.19M | $4.46M | $4.74M | $5.04M | $4.39M | $3.73M | $3.63M | $3.68M | $4.00M |
| Long Term Investments | $- | $- | $11.16M | $14.07M | $13.17M | $15.97M | $14.51M | $13.16M | $14.81M | $15.26M | $9.36M | $6.79M | $3.10M | $1.10M | $1.10M | $1.10M | $1.20M | $1.15M | $613.00K | $621.00K |
| Tax Assets | $- | $- | $-11.16M | $1.24B | $-48.34M | $-49.97M | $-48.51M | $-47.16M | $-49.43M | $-49.26M | $-43.36M | $-40.79M | $-37.77M | $-20.70M | $-1.11B | $-1.78M | $-1.05B | $-859.91M | $-821.38M | $-800.08M |
| Other Non-Current Assets | $1.24B | $- | $1.26B | $20.01M | $1.31B | $1.38B | $1.38B | $1.38B | $1.39B | $1.39B | $1.36B | $1.33B | $1.33B | $1.19B | $1.13B | $1.06B | $1.05B | $868.30M | $828.23M | $806.89M |
| Total Non-Current Assets | $1.25B | $3.94M | $1.30B | $1.31B | $1.32B | $1.38B | $1.38B | $1.39B | $1.40B | $1.40B | $1.36B | $1.34B | $1.33B | $1.20B | $1.13B | $1.06B | $1.06B | $871.92M | $831.91M | $810.89M |
| Other Assets | $- | $1.30B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.31B | $1.32B | $1.35B | $1.36B | $1.39B | $1.41B | $1.43B | $1.43B | $1.46B | $1.44B | $1.41B | $1.39B | $1.35B | $1.26B | $1.20B | $1.13B | $1.07B | $878.38M | $856.69M | $841.12M |
| Account Payables | $18.40M | $18.79M | $11.24M | $8.40M | $10.30M | $9.72M | $14.10M | $9.67M | $16.27M | $11.57M | $14.57M | $12.71M | $10.87M | $8.41M | $10.81M | $8.57M | $9.08M | $12.00M | $12.44M | $8.73M |
| Short Term Debt | $3.60M | $200.00K | $15.69M | $18.57M | $200.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $11.60M | $100.00K | $100.00K |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $3.31M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $100.00K | $11.60M | $100.00K | $100.00K |
| Other Current Liabilities | $2.97M | $2.81M | $-12.54M | $-15.43M | $3.77M | $3.66M | $3.04M | $2.97M | $4.37M | $3.19M | $2.91M | $3.93M | $5.16M | $4.10M | $1.99M | $3.77M | $3.88M | $-7.61M | $3.37M | $4.47M |
| Total Current Liabilities | $24.98M | $21.80M | $14.55M | $11.70M | $14.37M | $13.44M | $17.29M | $12.81M | $20.74M | $14.93M | $17.65M | $16.74M | $15.20M | $11.69M | $12.90M | $11.82M | $11.66M | $25.86M | $14.20M | $11.75M |
| Long Term Debt | $523.92M | $530.48M | $610.78M | $613.05M | $575.80M | $586.06M | $595.65M | $600.40M | $628.51M | $641.18M | $663.43M | $661.62M | $670.22M | $647.70M | $629.85M | $631.41M | $624.09M | $491.92M | $491.54M | $477.43M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $76.11M | $74.46M | $18.91M | $15.59M | $77.65M | $75.09M | $80.92M | $78.42M | $76.74M | $74.54M | $77.37M | $75.46M | $76.13M | $76.08M | $77.57M | $72.94M | $46.34M | $53.16M | $42.86M | $42.34M |
| Total Non-Current Liabilities | $600.04M | $604.93M | $629.53M | $628.49M | $653.34M | $661.18M | $676.51M | $678.76M | $705.15M | $715.66M | $740.74M | $737.08M | $747.29M | $724.70M | $707.42M | $704.98M | $671.83M | $535.20M | $536.11M | $521.31M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $625.01M | $626.73M | $644.08M | $640.19M | $667.71M | $674.63M | $693.80M | $691.57M | $725.89M | $730.59M | $758.39M | $753.82M | $762.48M | $736.39M | $720.32M | $716.80M | $683.50M | $561.06M | $550.31M | $533.07M |
| Preferred Stock | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $15.00K | $13.00K | $11.00K | $9.00K | $9.00K | $8.00K | $8.00K | $7.00K | $6.00K | $6.00K | $6.00K |
| Common Stock | $36.00K | $36.00K | $36.00K | $36.00K | $36.00K | $36.00K | $36.00K | $36.00K | $35.00K | $35.00K | $35.00K | $35.00K | $34.00K | $32.00K | $30.00K | $27.00K | $26.00K | $22.00K | $22.00K | $21.00K |
| Retained Earnings | $-174.56M | $-164.03M | $-153.23M | $-141.56M | $-144.01M | $-134.73M | $-126.80M | $-123.59M | $-114.37M | $-104.78M | $-96.44M | $-87.87M | $-80.47M | $-74.43M | $-68.53M | $-61.07M | $-55.21M | $-49.46M | $-45.65M | $-40.70M |
| Accumulated Other Comprehensive Income Loss | $7.63M | $5.78M | $8.34M | $8.37M | $7.37M | $10.27M | $8.71M | $7.36M | $9.01M | $9.46M | $6.26M | $3.69M | $-1.04M | $-987.00K | $-1.34M | $-133.00K | $-1.50M | $-1.72M | $-1.82M | $-1.65M |
| Other Total Stockholders Equity | $854.06M | $849.41M | $853.30M | $856.46M | $856.21M | $855.89M | $852.97M | $851.06M | $845.68M | $802.50M | $742.07M | $713.80M | $668.27M | $598.69M | $549.12M | $477.00M | $440.47M | $368.46M | $352.68M | $348.02M |
| Total Stockholders Equity | $687.18M | $691.20M | $708.47M | $723.32M | $719.61M | $731.49M | $734.93M | $734.88M | $731.36M | $707.23M | $651.93M | $629.68M | $586.82M | $523.32M | $479.28M | $415.83M | $383.79M | $317.31M | $305.24M | $305.70M |
| Total Equity | $687.18M | $691.20M | $708.47M | $723.32M | $719.61M | $731.49M | $734.93M | $734.88M | $731.36M | $707.23M | $651.93M | $631.92M | $589.07M | $525.45M | $481.31M | $417.67M | $383.79M | $317.31M | $306.38M | $308.06M |
| Total Liabilities and Stockholders Equity | $1.31B | $1.32B | $1.35B | $1.36B | $1.39B | $1.41B | $1.43B | $1.43B | $1.46B | $1.44B | $1.41B | $1.39B | $1.35B | $1.26B | $1.20B | $1.13B | $1.07B | $878.38M | $856.69M | $841.12M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.25M | $2.25M | $2.13M | $2.03M | $1.83M | $- | $- | $1.15M | $2.36M |
| Total Liabilities and Total Equity | $1.31B | $1.32B | $1.35B | $1.36B | $1.39B | $1.41B | $1.43B | $1.43B | $1.46B | $1.44B | $1.41B | $1.39B | $1.35B | $1.26B | $1.20B | $1.13B | $1.07B | $878.38M | $856.69M | $841.12M |
| Total Investments | $- | $- | $19.50M | $14.07M | $13.17M | $15.97M | $14.51M | $13.16M | $14.81M | $15.26M | $9.36M | $6.79M | $3.10M | $1.10M | $1.10M | $1.10M | $1.20M | $1.15M | $2.04M | $1.88M |
| Total Debt | $527.52M | $530.68M | $610.78M | $613.05M | $574.11M | $584.20M | $593.76M | $599.06M | $626.50M | $639.75M | $661.95M | $660.10M | $667.98M | $646.07M | $627.51M | $629.01M | $624.06M | $503.52M | $491.64M | $477.53M |
| Net Debt | $509.25M | $517.47M | $561.02M | $561.50M | $555.54M | $559.12M | $545.55M | $560.33M | $565.36M | $602.74M | $613.50M | $610.72M | $651.27M | $579.58M | $560.72M | $556.12M | $614.84M | $497.07M | $466.86M | $447.29M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $13.29M | $14.56M | $4.72M | $3.51M | $4.96M |
| Depreciation and Amortization | $35.11M | $37.25M | $35.46M | $27.30M | $16.66M |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $-18.83M | $-9.35M | $-1.76M | $-1.58M | $720.00K |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $-6.10M | $-3.40M | $5.68M | $1.91M | $-744.00K |
| Other Working Capital | $-12.73M | $-5.95M | $-7.43M | $-3.48M | $1.46M |
| Other Non Cash Items | $-19.00K | $-2.38M | $5.37M | $3.13M | $2.67M |
| Net Cash Provided by Operating Activities | $29.55M | $40.08M | $43.79M | $32.38M | $25.00M |
| Investments in Property Plant and Equipment | $- | $- | $-20.13M | $-6.12M | $-16.51M |
| Acquisitions Net | $- | $- | $-2.75M | $-2.05M | $-573.00K |
| Purchases of Investments | $- | $- | $-64.80M | $-288.88M | $-256.52M |
| Sales Maturities of Investments | $- | $- | $64.80M | $288.88M | $342.00K |
| Other Investing Activities | $63.31M | $-3.77M | $-62.61M | $-286.83M | $361.00K |
| Net Cash Used for Investing Activities | $63.31M | $-3.77M | $-85.48M | $-295.00M | $-272.90M |
| Debt Repayment | $- | $-52.91M | $-41.72M | $43.98M | $142.64M |
| Common Stock Issued | $- | $- | $- | $287.11M | $308.70M |
| Common Stock Repurchased | $- | $-1.19M | $-8.57M | $-29.00M | $-684.00K |
| Dividends Paid | $-24.25M | $-45.09M | $-36.96M | $-29.17M | $-21.02M |
| Other Financing Activities | $-68.90M | $19.89M | $186.23M | $255.30M | $121.80M |
| Net Cash Used Provided by Financing Activities | $-93.15M | $-78.88M | $86.13M | $270.11M | $243.43M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-296.00K | $-42.57M | $44.43M | $7.49M | $-4.47M |
| Cash at End of Period | $18.27M | $18.57M | $61.14M | $16.71M | $9.22M |
| Cash at Beginning of Period | $18.57M | $61.14M | $16.71M | $9.22M | $13.69M |
| Operating Cash Flow | $29.55M | $40.08M | $43.79M | $32.38M | $25.00M |
| Capital Expenditure | $- | $-12.80M | $-20.13M | $-6.12M | $-16.51M |
| Free Cash Flow | $29.55M | $27.28M | $23.66M | $26.26M | $8.49M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $540.00K | $6.00K | $-823.00K | $13.57M | $1.82M | $3.14M | $7.86M | $1.75M | $1.11M | $1.81M | $613.00K | $1.19M | $1.99M | $1.50M | $-531.00K | $554.00K | $91.00K | $1.58M | $182.00K | $3.10M |
| Depreciation and Amortization | $8.63M | $8.80M | $8.81M | $8.79M | $9.78M | $9.27M | $9.07M | $9.14M | $9.50M | $9.17M | $8.41M | $8.37M | $8.02M | $6.96M | $6.31M | $6.02M | $4.66M | $3.92M | $3.82M | $4.26M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-837.00K | $-13.04M | $4.56M | $-9.52M | $4.24M | $-12.62M | $7.00M | $-7.96M | $8.34M | $-9.08M | $2.22M | $-3.23M | $1.29M | $-5.26M | $3.34M | $-936.00K | $7.13M | $-4.11M | $1.75M | $-4.05M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $1.59M | $-2.90M | $2.97M | $-2.01M | $2.74M | $-6.37M | $6.11M | $-1.80M | $1.71M | $-344.00K | $1.91M | $-978.00K | $1.53M | $1.10M | $-744.00K | $- | $- | $-1.24M |
| Other Working Capital | $-837.00K | $-13.04M | $2.97M | $-6.61M | $1.27M | $-10.61M | $4.26M | $-1.60M | $2.23M | $-7.29M | $509.00K | $-2.89M | $-619.00K | $-4.28M | $1.80M | $-2.04M | $7.88M | $-4.11M | $1.75M | $-2.81M |
| Other Non Cash Items | $3.24M | $2.86M | $19.39M | $11.06M | $1.59M | $295.00K | $-6.05M | $1.78M | $1.76M | $1.83M | $555.00K | $1.23M | $732.00K | $185.00K | $1.20M | $1.02M | $1.53M | $267.00K | $691.00K | $187.00K |
| Net Cash Provided by Operating Activities | $11.58M | $-1.37M | $15.91M | $3.42M | $17.42M | $80.00K | $17.86M | $4.71M | $20.71M | $3.72M | $11.80M | $7.55M | $12.02M | $3.39M | $10.31M | $6.66M | $13.41M | $1.66M | $6.44M | $3.50M |
| Investments in Property Plant and Equipment | $-1.24M | $-1.64M | $-841.00K | $-1.48M | $-2.83M | $-4.29M | $-2.82M | $-2.87M | $-4.05M | $-5.95M | $-6.60M | $-3.52M | $-2.75M | $-950.00K | $604.00K | $-3.03M | $-5.79M | $-1.30M | $-6.75M | $-2.68M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-2.95M | $-37.53M | $-24.32M | $- | $-144.63M | $-62.50M | $-80.17M | $-1.58M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $64.00M | $- | $- | $9.04M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $4.51M | $- | $-841.00K | $62.52M | $145.00K | $100.00K | $-100.00K | $-145.00K | $150.00K | $5.00K | $-655.00K | $-54.00K | $-142.75M | $-63.60M | $-79.54M | $-2.38M | $-191.50M | $-39.22M | $-18.19M | $-7.49M |
| Net Cash Used for Investing Activities | $3.27M | $-1.64M | $-841.00K | $62.52M | $-2.68M | $-4.19M | $6.12M | $-3.02M | $-6.86M | $-43.48M | $-31.57M | $-3.57M | $-145.50M | $-64.55M | $-79.54M | $-5.41M | $-197.28M | $-40.52M | $-24.93M | $-10.17M |
| Debt Repayment | $-3.35M | $-18.82M | $-2.88M | $-22.07M | $-10.26M | $-9.67M | $-5.42M | $-27.57M | $-13.39M | $-22.34M | $1.79M | $-7.79M | $22.12M | $18.57M | $-1.63M | $4.93M | $120.96M | $11.97M | $14.10M | $-4.39M |
| Common Stock Issued | $- | $- | $17.00K | $244.00K | $296.00K | $3.00M | $2.88M | $14.33M | $- | $- | $33.63M | $45.54M | $69.77M | $50.14M | $72.40M | $94.80M | $-35.59K | $39.15M | $20.27M | $35.59K |
| Common Stock Repurchased | $1.00K | $- | $-2.90M | $- | $1.00K | $-16.00K | $-951.00K | $-225.00K | $-371.00K | $-419.00K | $-7.72M | $-59.00K | $29.00M | $-248.00K | $- | $-28.75M | $-3.00K | $-372.00K | $-124.00K | $-185.00K |
| Dividends Paid | $-11.07M | $-11.04M | $-11.12M | $-11.12M | $-11.10M | $-12.33M | $-11.01M | $-10.64M | $-10.28M | $-9.59M | $-8.83M | $-8.26M | $-7.91M | $-7.34M | $-7.61M | $-6.32M | $-5.78M | $-5.89M | $-4.37M | $-4.97M |
| Other Financing Activities | $4.63M | $-3.68M | $-2.87M | $273.00K | $108.00K | $2.98M | $1.93M | $14.10M | $36.38M | $65.38M | $62.35M | $44.74M | $69.48M | $49.63M | $72.37M | $63.81M | $146.57M | $14.46M | $3.31M | $32.58M |
| Net Cash Used Provided by Financing Activities | $-9.79M | $-33.54M | $-16.87M | $-32.95M | $-21.25M | $-19.02M | $-14.50M | $-24.11M | $10.28M | $28.32M | $18.84M | $28.69M | $83.70M | $60.86M | $63.13M | $62.43M | $186.63M | $20.54M | $13.04M | $23.22M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $5.06M | $-36.54M | $-1.80M | $32.98M | $-6.51M | $-23.13M | $9.48M | $-22.41M | $24.14M | $-11.44M | $-937.00K | $32.67M | $-49.78M | $-298.00K | $-6.11M | $63.68M | $2.76M | $-18.32M | $-5.45M | $16.54M |
| Cash at End of Period | $18.27M | $13.21M | $49.76M | $51.55M | $18.57M | $25.08M | $48.21M | $38.73M | $61.14M | $37.01M | $48.44M | $49.38M | $16.71M | $66.49M | $66.79M | $72.89M | $9.22M | $6.46M | $24.78M | $30.23M |
| Cash at Beginning of Period | $13.21M | $49.76M | $51.55M | $18.57M | $25.08M | $48.21M | $38.73M | $61.14M | $37.01M | $48.44M | $49.38M | $16.71M | $66.49M | $66.79M | $72.89M | $9.22M | $6.46M | $24.78M | $30.23M | $13.69M |
| Operating Cash Flow | $11.58M | $-1.37M | $15.91M | $3.42M | $17.42M | $80.00K | $17.86M | $4.71M | $20.71M | $3.72M | $11.80M | $7.55M | $12.02M | $3.39M | $10.31M | $6.66M | $13.41M | $1.66M | $6.44M | $3.50M |
| Capital Expenditure | $-1.24M | $-1.64M | $-841.00K | $-1.48M | $-2.83M | $-4.29M | $-2.82M | $-2.87M | $-4.05M | $-5.95M | $-6.60M | $-3.52M | $-2.75M | $-950.00K | $604.00K | $-3.03M | $-5.79M | $-1.30M | $-6.75M | $-2.68M |
| Free Cash Flow | $10.34M | $-3.01M | $15.07M | $1.94M | $14.60M | $-4.21M | $15.04M | $1.84M | $16.66M | $-2.24M | $5.20M | $4.04M | $9.27M | $2.44M | $10.91M | $3.63M | $7.62M | $358.00K | $-304.00K | $814.00K |
Gladstone Land Dividends
Explore Gladstone Land's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
6.22%
Dividend Payout Ratio
182.45%
Dividend Paid & Capex Coverage Ratio
1.22x
Gladstone Land Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.0467 | $0.0467 | March 19, 2025 | March 19, 2025 | March 31, 2025 | January 14, 2025 |
| $0.0467 | $0.0467 | February 19, 2025 | February 19, 2025 | February 28, 2025 | January 14, 2025 |
| $0.0467 | $0.0467 | January 24, 2025 | January 24, 2025 | January 31, 2025 | January 14, 2025 |
| $0.0467 | $0.0467 | December 20, 2024 | December 20, 2024 | December 31, 2024 | October 08, 2024 |
| $0.0467 | $0.0467 | November 20, 2024 | November 20, 2024 | November 29, 2024 | October 08, 2024 |
| $0.0467 | $0.0467 | October 22, 2024 | October 22, 2024 | October 31, 2024 | October 08, 2024 |
| $0.0467 | $0.0467 | September 20, 2024 | September 20, 2024 | September 30, 2024 | July 09, 2024 |
| $0.0467 | $0.0467 | August 21, 2024 | August 21, 2024 | August 30, 2024 | July 09, 2024 |
| $0.0467 | $0.0467 | July 22, 2024 | July 22, 2024 | July 31, 2024 | July 09, 2024 |
| $0.0466 | $0.0466 | June 18, 2024 | June 19, 2024 | June 28, 2024 | April 09, 2024 |
| $0.0466 | $0.0466 | May 16, 2024 | May 17, 2024 | May 31, 2024 | April 09, 2024 |
| $0.0466 | $0.0466 | April 18, 2024 | April 19, 2024 | April 30, 2024 | April 09, 2024 |
| $0.0465 | $0.0465 | March 20, 2024 | March 21, 2024 | March 29, 2024 | January 09, 2024 |
| $0.0465 | $0.0465 | February 20, 2024 | February 21, 2024 | February 29, 2024 | January 09, 2024 |
| $0.0465 | $0.0465 | January 22, 2024 | January 23, 2024 | January 31, 2024 | January 09, 2024 |
| $0.0464 | $0.0464 | December 15, 2023 | December 18, 2023 | December 29, 2023 | October 10, 2023 |
| $0.0464 | $0.0464 | November 17, 2023 | November 20, 2023 | November 30, 2023 | October 10, 2023 |
| $0.0464 | $0.0464 | October 19, 2023 | October 20, 2023 | October 31, 2023 | October 10, 2023 |
| $0.0462 | $0.0462 | September 20, 2023 | September 21, 2023 | September 29, 2023 | July 11, 2023 |
| $0.0462 | $0.0462 | August 30, 2023 | September 29, 2023 |
Gladstone Land News
Read the latest news about Gladstone Land, including recent articles, headlines, and updates.
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
Gladstone Land: Unpacking A Farmland REIT Business Model
Gladstone Land Corporation focuses on acquiring U.S. farmland but faces challenges due to low economic yield and high financing costs. LAND's share price has declined by over 50% despite stable underlying business, reflecting market sentiment shifts and valuation concerns. Farmland's low productivity and high operational expenses strain LAND's tenants, impacting lease agreements and investor returns.
Gladstone Land: You Shouldn't Get 7.5% Yield On Preferreds, Yet Here We Are
Gladstone Land's Q4-2024 performance was disappointing, with a 37% decline in FFO. We value the company primarily via NAV, as farmland is not the best cash flow generator. We like the preferred shares, but we are upgrading the common as well now.
Does Gladstone (LAND) Have the Potential to Rally 29.61% as Wall Street Analysts Expect?
The consensus price target hints at a 29.6% upside potential for Gladstone (LAND). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Gladstone Land Announces Fourth Quarter and Year Ended 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024.
Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESS Newswire / February 18, 2025 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Fourth Quarter Ended December 31, 2024, Earnings Call & Webcast When: Thursday, February 20, 2025 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Z7NDiGpl How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through February 27, 2025.
Gladstone Land Announces Gain on Exit from Northern Nebraska Farms
MCLEAN, VA / ACCESS Newswire / February 4, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of two farms in northern Nebraska for $12.0 million, representing a 9% increase over the farms' original purchase prices. "These farms, located in Rock County and Holt County, Nebraska, were purchased in 2015 as part of a sale-leaseback transaction, with the primary use of growing potatoes," said Joseph Van Wingerden, Midwest & East Coast Managing Director.
Buy Land, They Don't Make It Anymore: 3 'Dirt' Cheap Big Dividends And Buybacks
Land has proven to be an excellent long-term risk-adjusted investment. Fortunately, there are numerous opportunities to buy it at a steep discount right now. I share three compelling opportunities, yielding up to 7.3% with big buybacks involved as well.
Gladstone Land Announces Gain on Sale of Five Farms
MCLEAN, VA / ACCESS Newswire / January 29, 2025 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of a property in Florida (consisting of five farms) for $52.5 million. The investment in this property provided a 112% return on equity invested, and the sale resulted in a net capital gain for the Company.
Gladstone Land Reports No Damage to Farms from California Wildfires
MCLEAN, VA / ACCESS Newswire / January 27, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that none of its California farms have been impacted by the recent wildfires that have occurred in the southern part of the state. The Company further notes that all of its farms in the state growing permanent crops are insured by the Company or its tenant-farmers under policies that would cover both the crops and any potential loss of crop income.
Gladstone Land: A Record 5% Dividend Yield From U.S. Farmland
Gladstone Land owns 168 farms and nearly 54,000 acre-feet of water assets, with a 99.5% occupancy rate, but shares have dipped 20% over the last year. The REIT's NAV per share stands at $15.57, trading at a 29% discount, with a 5.04% dividend yield, offering a reasonable margin of safety. Third quarter revenue and cash flows have declined, with NAV per share dropping from $20.33 a year ago due to lower farm valuations and higher long-term borrowing costs.
LandSec expands shopping centre empire with major Liverpool takeover
Blue-chip real estate trust Land Securities Group PLC (LSE:LAND) has increased the size of its shopping centre footprint through the acquisition of a 92% stake in Liverpool ONE for nearly half a billion pounds. According to LandSec's metrics, the company now owns seven of the top-30 shopping centres in the UK.
Gladstone Land: I'm Sticking With The Preferred Shares
Gladstone Land's shift to crop-sharing leases will reduce base rent income in the short term and may boost future profitability. Preferred shares offer better value and safety compared to common shares, with dividends well covered despite high payout ratios. The REIT's balance sheet is improving, but farmland value declines have impacted NAV, making preferred shares more attractive.
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, regional banks, investment banks, and insurance companies, raising concerns about sustainability. The threat of mass deportations could impact agricultural REITs like Gladstone Land, affecting labor supply and lease structures.
Gladstone Land Announces Retirement of Chief Operating Officer Terry Lee Brubaker
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024.
LandSec still trailing profit targets despite marked improvement
FTSE 100-listed real estate investment trust Land Securities Group PLC (LSE:LAND) improved its return on equity in the six months ending 30 September, although this key performance metric remains significantly below target. LandSec delivered a 3.9% total return on equity, which represents the profitability for shareholders' contributions, in the period.
Gladstone Land Corporation (LAND) Q3 2024 Earnings Call Transcript
Gladstone Land Corporation (NASDAQ:LAND ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 PM ET Company Participants David J. Gladstone - Chairman, Chief Executive Officer and President Michael LiCalsi - General Counsel and Secretary Lewis Parrish - Chief Financial Officer and Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery Scott Craig Kucera - Lucid Capital Markets John Massocca - B.
Gladstone Land Announces Third Quarter 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESSWIRE / November 6, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the third quarter ended September 30, 2024.
UPDATE: Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / November 5, 2024 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Third Quarter Ended September 30, 2024, Earnings Call & Webcast When: Thursday, November 7, 2024 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=xhRxTltg How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through November 14, 2024.
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / November 5, 2024 / Gladstone Capital Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Capital Corporation's Fourth Fiscal Quarter ended September 30, 2024 Earnings Call & Webcast When: Thursday, November 14, 2024 @ 8:30 a.m. Eastern Time Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=pT6trqFd How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through November 21, 2024.
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