LAND - Gladstone Land Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
11.95
-0.05 (-0.42%)
At close: 4:00PM EDT
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Previous Close12.00
Open12.03
Bid0.00 x 800
Ask0.00 x 800
Day's Range11.93 - 12.03
52 Week Range11.12 - 13.85
Volume239,831
Avg. Volume156,471
Market Cap247.645M
Beta (3Y Monthly)0.48
PE Ratio (TTM)67.13
EPS (TTM)0.18
Earnings DateAug 6, 2019 - Aug 12, 2019
Forward Dividend & Yield0.53 (4.47%)
Ex-Dividend Date2019-09-16
1y Target Est12.88
Trade prices are not sourced from all markets
  • GlobeNewswire

    Gladstone Land Corporation Passes 50% Mark for Series B Preferred Stock Offering

    Gladstone Land Corporation (LAND) (the "Company") today announced that it has sold over 55% (3,309,633 shares) of its continuous registered public offering of 6,000,000 shares of its 6.00% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") since filing a prospectus supplement on May 31, 2018. The Company’s first sale of Series B Preferred Stock occurred on June 25, 2018. Since we rolled out this preferred offering in May of 2018, we’ve issued over $80 million in Series B Preferred Stock and have used the proceeds to grow our farmland portfolio to approximately 82,000 acres worth about $821 million.

  • GuruFocus.com

    Gladstone Land Corp (LAND) CEO David Gladstone Bought $2.5 million of Shares

    CEO of Gladstone Land Corp (30-Year Financial, Insider Trades) David Gladstone (insider trades) bought 210,000 shares of LAND on 09/10/2019 at an average price of $11.87 a share. Continue reading...

  • GlobeNewswire

    Gladstone Land Announces No Damage to Florida Farms from Hurricane Dorian and Provides Update on Recent Acquisition Activity

    Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announces no damage to its farms and farm facilities in Florida in the wake of Hurricane Dorian. “We have spoken to our tenant-partners across the state who reported no crop losses or property damage,” said Bill Frisbie, Managing Director of Gladstone Land. “Farmers who rent our farms know that we stand behind our farms and are ready to help where needed, but we are thankful that there was no significant damage sustained as a result of this storm,” said David Gladstone, President and CEO of Gladstone Land.

  • GlobeNewswire

    Gladstone Land Acquires Vineyard in Napa, California

    Gladstone Land Corporation (Nasdaq:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired a 366-acre vineyard in Napa, California, for $32 million.  In connection with the acquisition, Gladstone Land entered into a leaseback agreement with the seller for a 10-year, triple-net lease.

  • GlobeNewswire

    Gladstone Land Acquires a Large Coastal Farm in Oxnard, California

    Gladstone Land Corporation (Nasdaq:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired approximately 413 gross acres of farmland within the Oxnard Plain of California.  At closing, the Company entered into lease agreements with two different, unrelated third-party tenants to operate the property.  The seller will lease back most of the farm to continue their sod business, while the remainder of the farm will be leased to a local berry grower to grow a variety of berry crops.

  • Thomson Reuters StreetEvents

    Edited Transcript of LAND earnings conference call or presentation 8-Aug-19 12:30pm GMT

    Q2 2019 Gladstone Land Corp Earnings Call

  • New CEO joins California Olive Ranch
    American City Business Journals

    New CEO joins California Olive Ranch

    An olive oil company with a significant growing operation in Yolo County has hired an experienced food and consumer products executive as its new CEO. California Olive Ranch said Tuesday that Michael Fox is taking over as CEO. “The company is in a great position to continue innovating, expanding and bringing awareness to the breadth of opportunity in high-quality extra virgin olive oil,” Fox said in a news release.

  • GlobeNewswire

    Gladstone Land Acquires a Large Pistachio Orchard in California

    Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announced that it has acquired approximately 1,000 gross acres of farmland in Coalinga, California, for $33 million. In connection with the acquisition, the Company also entered into an eight-year, triple-net lease with RTS Agri Business and Canoas Creek Pistachios. “We are excited to be adding another large pistachio orchard in the San Joaquin Valley,” said Bill Reiman, Managing Director of Gladstone Land.

  • GlobeNewswire

    Half year interim results

    Strong cash generation and a historically high equity ratio Key figures from the interim financial statements Profit before unrealized financial items amounted to USD.

  • Is Gladstone Land Corporation's (NASDAQ:LAND) 2.3% ROE Worse Than Average?
    Simply Wall St.

    Is Gladstone Land Corporation's (NASDAQ:LAND) 2.3% ROE Worse Than Average?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • 3 Top Small-Cap Stocks to Buy in August
    Motley Fool

    3 Top Small-Cap Stocks to Buy in August

    These small-cap stocks hold the potential to deliver big-time returns.

  • GlobeNewswire

    Gladstone Land Announces Second Quarter 2019 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 judgment. MCLEAN, Va., Aug..

  • GlobeNewswire

    Gladstone Land Corporation Earnings Call and Webcast Information

    MCLEAN, Va., Aug. 06, 2019 -- Gladstone Land Corporation (NASDAQ: LAND) announces the following event: What:Gladstone Land Corporation’s Second Quarter Ended June 30, 2019,.

  • GlobeNewswire

    Gladstone Land Acquires Land and Facilities in South Florida

    Gladstone Land Corporation (Nasdaq:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired 3,586 total acres of farmland and facilities in South Florida (the “Property”) for total consideration consisting of $54.5 million in cash and 288,303 common units of limited partnership interest in its operating partnership (“OP Units”). While the Property has a history of vegetable and citrus farming, it is currently used for diversified agricultural purposes, with the primary use being water retention. In connection with the acquisition, the Company also entered into an eight-year, triple-net lease with Caulkins Citrus Company, Ltd. (“Caulkins Citrus”).

  • GlobeNewswire

    Gladstone Land Acquires 324 Acres of Coastal Farmland in Salinas, California

    Gladstone Land Corporation (NASDAQ:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired 324 gross acres of farmland in Monterey County, California, for $9.0 million.  The farm, located in Salinas, California, is used to grow strawberries and vegetables.  In connection with the acquisition, the Company also entered into a six-year, triple-net lease with Wish Farms, Inc. (“Wish Farms”).

  • GlobeNewswire

    Landsvirkjun signs a new USD 150m Sustainability Linked Revolving Credit Facility

    Landsvirkjun has signed a new USD 150m multi-currency revolving credit facility without a guarantee of collection on July 11, 2019. The revolving credit facility will be used for general corporate purposes and provides Landsvirkjun with access to funds which can be drawn and repaid as needed. The facility has a 3-year tenor with two 1-year extension options, and refinances Landsvirkjun’s existing USD 200m facility signed in 2015 and due to mature in December 2020.

  • GlobeNewswire

    Gladstone Land Announces Increase in Monthly Cash Distributions for July, August, and September 2019 and Second Quarter Ended June 30, 2019, Earnings Release and Conference Call Dates

    MCLEAN, Va., July 09, 2019 -- Gladstone Land Corporation (NASDAQ: LAND) (“Gladstone Land” or the “Company”) announced today that its board of directors declared the following.

  • What You Must Know About Gladstone Land Corporation's (NASDAQ:LAND) Beta Value
    Simply Wall St.

    What You Must Know About Gladstone Land Corporation's (NASDAQ:LAND) Beta Value

    Anyone researching Gladstone Land Corporation (NASDAQ:LAND) might want to consider the historical volatility of the...

  • GlobeNewswire

    Gladstone Land Corporation Announces Pricing of Common Stock Offering

    Gladstone Land Corporation (LAND) (the “Company”) today announced that it has priced its public offering of 2,000,000 shares of its common stock at a price to the public of $11.73 per share. The Company also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock solely to cover over-allotments, if any. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $22.3 million (exclusive of the underwriters’ over-allotment option).

  • GlobeNewswire

    Gladstone Land Corporation Announces Common Stock Offering

    Gladstone Land Corporation (LAND) (the “Company”) today announced that it plans to sell shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of common stock solely to cover over-allotments, if any. The Company intends to use the net proceeds from this offering to repay existing indebtedness, which, in turn, will be used to fund future property acquisitions and for other general corporate purposes.

  • California Olive Ranch sells Yolo County orchard in $9.2 million leaseback deal
    American City Business Journals

    California Olive Ranch sells Yolo County orchard in $9.2 million leaseback deal

    The acquisition is the first in the Sacramento region for Gladstone Land Corp., a real estate investment trust that specializes in farmland producing fruit and produce.

  • GlobeNewswire

    Gladstone Land Acquires 542-Acre Olive Orchard in California

    Gladstone Land Corporation (NASDAQ:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired 542 gross acres of farmland in Yolo County, California, for approximately $9.2 million.  The farm includes a 482-acre, high-density olive orchard.  In connection with the acquisition, the Company also entered into a 15-year, triple-net lease with the seller, California Olive Ranch, Inc., reported to be the largest extra virgin olive oil producer in the U.S.

  • GlobeNewswire

    Gladstone Land Announces Acquisition of Blueberry Farms in Michigan for $7.8 Million and Expectation of Minimal Impact from Trade Tariffs

    Gladstone Land Corporation (NASDAQ:  LAND) (“Gladstone Land” or the “Company”) announced that it has acquired two farms totaling 516 gross acres near South Haven, Michigan, for approximately $7.8 million.  The two farms consist of approximately 383 total acres of blueberry bushes, plus approximately 6 acres of cranberries.  The acquisitions also included various farm-related facilities, including two blueberry processing facilities and a fresh packing and cooling facility.  In addition, the Company entered into a 10-year, triple-net lease on each farm with a leading blueberry grower and processer in the region.

  • You May Have Been Looking At Gladstone Land Corporation (NASDAQ:LAND) All Wrong
    Simply Wall St.

    You May Have Been Looking At Gladstone Land Corporation (NASDAQ:LAND) All Wrong

    Gladstone Land Corporation is a US$232m small-cap, real estate investment trust (REIT) based in McLean, United States...

  • GlobeNewswire

    Arbitral tribunal reaches a decision on electricity price in Landsvirkjun and Elkem's contract until 2029

    An arbitral tribunal has reached a decision on a new electricity price in the extended power contract between Landsvirkjun and Elkem Iceland, which operates a ferrosilicon plant at Grundartangi in Iceland. The original power contract between the companies dates from the year 1975 and has been subject to six amendments since the plant started operations in 1979. The contract expired in 2019.