|Bid||11.63 x 800|
|Ask||12.08 x 800|
|Day's Range||11.55 - 12.09|
|52 Week Range||11.55 - 14.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 8, 2018|
|Forward Dividend & Yield||0.53 (4.22%)|
|1y Target Est||14.38|
Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announced that it has acquired five farms in southern Florida totaling 5,630 acres for approximately $37.4 million. Upon acquisition, Gladstone Land entered into a multi-year, triple-net lease with a leading agricultural operation.
MCLEAN, Va., July 11, 2018 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announced that it has completed the sale of a 1,895-acre farm in Morrow County, Oregon, for $20.5 million.
MCLEAN, Va., July 10, 2018-- Gladstone Land Corporation announced today that its board of directors declared the following cash distributions for each of July, August, and September 2018 and also announced ...
Gladstone Land Corporation (LAND) (“Gladstone Land” or the “Company”) announced that it has executed a long-term lease on a 169-acre farm located in Oxnard (Ventura County), California, that is currently being operated through its taxable REIT subsidiary. The new, 10-year lease provides for fixed, annual rent escalations throughout its term and is scheduled to commence on August 1, 2018.
Gladstone Land Corporation (LAND) (the "Company") announced today that it closed on the first sale of shares under its continuous public offering of 6,000,000 shares of Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”). The Company intends to use the net proceeds from this continuous offering to repay existing indebtedness, fund future acquisitions and for other general corporate purposes. The Company plans to conduct subsequent closings as frequently as two times per month.
U.S. stocks suffered losses on Jun 15 after trade tensions between Washington and Beijing escalated. President Trump announced tariffs on $50 billion worth of China’s goods. With bitterness increasing between the United States and its trading partners, defensive stocks have grabbed investors’ attention.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the past 5 years Gladstone Land CorporationRead More...
The Icelandic power company Landsvirkjun has prepaid a loan with a state guarantee of collection with a nominal amount of 34 million USD. The loan agreement was signed in 2011 in relation to a supply contract for the production and installation of mechanical and electrical equipment for the Budarhals hydropower station. It was an amortizing loan with equal principal payments and final maturity in 2032.
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 6,000,000 shares (the “Offering”) of its newly-designated 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) at an offering price of $25.00 per share, for up to $150.0 million in gross proceeds and up to approximately $131.3 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 B Preferred Stock are sold in the Offering. This Offering replaces the Company’s Series B Preferred Stock announced on January 10, 2018.
Profit before unrealized financial items amounted to USD 55.9 million compared to USD 43.8 million in the same quarter prior year which is an increase by 27.7% between periods. Cash flow from operations amounted to USD 81.1 million which is an increase of 22.4% compared to the same period prior year. “First quarter of 2018 is the highest revenue quarter recorded in the Company’s history, this is primarily due to increased energy sales and higher aluminium prices.
NEW YORK, May 24, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Opexa ...
MCLEAN, Va. (AP) _ Gladstone Land Corp. (LAND) on Tuesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $2.1 million, or 14 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
McLEAN, Va., May 08, 2018-- Gladstone Land Corporation today reported financial results for the first quarter ended March 31, 2018.. A reconciliation of funds from operations, core FFO, and adjusted FFO, ...
MCLEAN, Va., May 07, 2018-- Gladstone Land Corporation announces the following event:. A conference call replay will be available after the call and will be accessible through May 16, 2018. To hear the ...
The threat of steep tariffs on soybeans, wheat and corn from an escalating U.S.-China trade dispute may decide the survivor among the two largest real estate funds in the hard-hit U.S. farm sector. Farmland Partners Inc, a $251 million market cap real estate investment trust that owns more than 166,000 acres of farmland, appears to be more vulnerable to the effects of a trade war than its largest publicly traded competitor, $186 million market cap Gladstone Land Corp. Roughly 35 million tonnes of U.S. soybeans imported each year by China will now face an additional 25 percent import tax.
The threat of steep tariffs on soybeans, wheat and corn from an escalating U.S.-China trade dispute may decide the survivor among the two largest real estate funds in the hard-hit U.S. farm sector. Farmland Partners Inc (FPI.N), a $251 million market cap real estate investment trust that owns more than 166,000 acres of farmland, appears to be more vulnerable to the effects of a trade war than its largest publicly traded competitor, $186 million market cap Gladstone Land Corp (LAND.O). Roughly 35 million tonnes of U.S. soybeans imported each year by China will now face an additional 25 percent import tax.
The Icelandic power company Landsvirkjun has today agreed to buy back in full a bond of a nominal amount of 50 million euros, equivalent to about 61 million USD. The bond has a state guarantee of collection, ...