13.92 +0.09 (0.61%)
After hours: 6:16PM EST
|Bid||12.66 x 800|
|Ask||14.36 x 900|
|Day's Range||13.69 - 14.13|
|52 Week Range||11.30 - 14.44|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 05, 2019 - Aug 11, 2019|
|Forward Dividend & Yield||0.54 (3.82%)|
|Ex-Dividend Date||Mar 18, 2020|
|1y Target Est||14.15|
It's been a good week for Gladstone Land Corporation (NASDAQ:LAND) shareholders, because the company has just released...
Gladstone Land Corporation (LAND) (the “Company”) today announced that it has filed a new prospectus supplement with the U.S. Securities and Exchange Commission (“SEC”) for a continuous public offering of up to 400,000 shares (the “Offering”) of its newly-designated 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) at an offering price of $25.00 per share (the “Primary Offering”), and up to 120,000 shares of Series C Preferred Stock pursuant to a dividend reinvestment plan at a price of $22.75 per share to those stockholders who participate in such dividend reinvestment plan (the “DRIP Offering”). The Company expects up to $10.00 million in gross proceeds from the Primary Offering and up to $2.73 million from the DRIP Offering and an aggregate of approximately $11.83 million in net proceeds, after payment of dealer manager fees and selling commissions and estimated expenses of the offering payable by the Company, assuming all shares of the Series C Preferred Stock are sold in the Primary Offering and the DRIP Offering.
NEW YORK, NY / ACCESSWIRE / February 20, 2020 / Gladstone Land Corp. (NASDAQ:LAND) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 20, 2020 at ...
Gladstone (LAND) delivered FFO and revenue surprises of 11.33% and 12.17%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
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., Feb. 19,.
MCLEAN, Va., Feb. 17, 2020 -- Gladstone Land Corporation (Nasdaq: LAND) announces the following event: What:Gladstone Land Corporation’s Fourth Quarter Ended December 31, 2019,.
Gladstone Land Corporation (LAND) (the “Company”) announced today that it plans to report earnings for the fourth quarter and year ended December 31, 2019, after the stock market closes on Wednesday, February 19, 2020. The Company will hold a conference call Thursday, February 20, 2020, at 8:30 a.m. EST to discuss its earnings results. Please call (855) 363-1762 to join the conference call.
The farm consists of 1,064 irrigated acres and will grow a rotation of potatoes, corn for use in the tenant’s feedlots, and sugar beets, which is a new crop type in the Gladstone Land portfolio. In connection with the acquisition, Gladstone Land also entered into a six-year, triple-net leaseback agreement with the seller. “This property represents our first closing of 2020,” said Bill Hughes, Managing Director of Gladstone Land.
Britain’s biggest property firms including British Land, Land Securities Group, Hammerson, and Intu Properties all own prime retail sites and have seen their values depressed. Their shares may be a buying opportunity.
MCLEAN, Va., Jan. 14, 2020 -- MCLEAN, Va., January 14, 2020 – Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) announced today that its board of.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
These two real estate investment trusts -- both associated with the Gladstone name -- offer monthly dividends that provide investors a steady source of income, explains Ned Piplovic, editor of DividendInvestor.
Real estate investment trusts (REITs) - a way for investors to gain access to assets such as apartments and office buildings while often collecting generous yields - had a disappointing 2018. With just a few days left to go in the year, the Vanguard REIT ETF (VNQ) had lost 13.5% compared to a 12% decline for the broader market. This contrasts with 10-year average annual gains of just more than 12% for the VNQ.Will REITs bounce back in 2019? Well, the same fear that hampered these real-estate plays in 2018 - rising interest rates - still is on the board for the coming year. And higher rates on bonds sometimes hamper the performance of REITs.However, these companies are not created equal. The best REITs for 2019 could benefit from other powerful trends in 2019. For instance, cloud computing's growth should continue to fuel robust demand for data storage services. A massive infrastructure spending bill could improve the fortunes of related REIT plays. And mobile-data growth, as well as the rollout of lightning-fast 5G technology, offers potential growth for cell-tower REITs.Here are the 13 best REITs to buy and hold in 2019. Not only should they benefit from broad trends that could help them outperform their brethren, but REITs as a whole are trading at much more palatable valuations lately. Moreover, average dividend yields in the space currently exceed 4%; all the more reason for investors to stick with REITs if market rockiness continues in the coming year. SEE ALSO: The 10 Best REITs to Buy for 2020
MCLEAN, Va., Nov. 25, 2019 -- Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the "Company") today announced that it has sold over $100,000,000 (4,224,377.
The company’s financial position continued to strengthen during the third quarter, despite these difficulties, and Landsvirkjun received good news in November when Moody’s upgraded the company’s credit rating to reflect these improvements.
Moody’s Investors Service (“Moody’s”) has today upgraded the credit ratings for Landsvirkjun. The credit rating for debt without the state guarantee of collection is upgraded to Baa1 from Baa2 and the credit rating for debt supported by the state guarantee of collection is upgraded to A3 from Baa1. According to Moody’s, the upgrade to Landsvirkjun’s unguaranteed credit rating reflects the continued improvement in the company’s credit profile, including ongoing reduction in debt and decreased exposure to market risk.
Gladstone (LAND) delivered FFO and revenue surprises of 41.00% and 19.40%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
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., Nov..
Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announced that it has acquired approximately 1,100 gross acres of farmland in Coalinga, California, for $37 million. “This completes our $70 million purchase of nearly 2,000 acres of pistachios trees that are just reaching prime production and represents a great example of our ability to do larger and more complex acquisitions,” said Bill Reiman, Managing Director of Gladstone Land. “We have now acquired more than $250 million worth of farmland so far in 2019,” said David Gladstone, President and CEO of Gladstone Land.
Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) announced that it has renewed leases on two of its larger properties that had leases originally scheduled to expire in 2020. In total, the revenues from these properties accounted for approximately 47% of the Company’s remaining 2020 lease expirations. As a result of these two lease renewals, the Company expects to recognize an aggregate of approximately $496,000 of additional net income per year, or approximately 14.7% more than that of the prior leases on these two properties. The Company continues to negotiate its remaining 2020 lease expirations.
Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Fund”) reflects on recent reports of China’s plan to buy more grains and clarifies certain aspects of its external fee structure. The president of the United States announced on Friday that China has agreed to buy “$40 to $50 billion worth of agricultural products” from U.S. farmers. This new agreement is expected to include provisions for certain grains, such as soybeans, corn, and wheat, in addition to other agricultural products.
MCLEAN, Va., Oct. 08, 2019 -- Gladstone Land Corporation (NASDAQ: LAND) (“Gladstone Land” or the “Company”) announced today that its board of directors declared the following.