Gladstone Land Corporation (LAND)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 57 | 75 | 89 | 90 | 85 | 88 | 88 | 74 |
| Operating profit | $m | 24 | 21 | ||||||
| Net profit | $m | 5 | 3 | 5 | 15 | 13 | 14 | -6 | -18 |
| EPS reported | $ | -0.29 | -0.72 | ||||||
| Operating cashflow per share | $ | 0.19 | 0.65 | ||||||
| Capex per share | $ | 0.20 | 0.07 | ||||||
| FCF per share | $ | -0.00 | 0.58 | ||||||
| Free cash flow | $m | -0 | 25 | ||||||
| Net debt | $m | 509 | 469 | ||||||
| Book value equity | $m | 670 | 673 | ||||||
| Book value per share | $ | 18.36 | 15.69 | ||||||
| Number of shares | m | 36.51 | 42.91 | ||||||
| DPS (TTM paid) | $ | 0.56 | 0.56 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.50 | 0.50 | ||||||
| P/S LTM | x | 3.78 | 3.78 | ||||||
| P/FCF LTM | x | -1,988.31 | 13.47 | ||||||
| EV/EBITDA LTM | x | 11.88 | 16.71 | ||||||
| EV/Sales LTM | x | 9.56 | 9.39 | ||||||
| Earnings Yield LTM | % | +4.05% | -3.23% | ||||||
| FCF Yield | % | -0.05% | +7.43% | ||||||
| Quality | |||||||||
| ROE | % | +2.02% | -1.71% | ||||||
| ROIC | % | +75.05% | +99.44% | ||||||
| Operating margin | % | +27.16% | +36.12% | ||||||
| Gross margin | % | -5.72% | +11.21% | ||||||
| FCF/Sales | % | -0.19% | +28.14% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +3.66% | +3.83% | ||||||
| Net Income Growth YoY | % | +1.80% | - | ||||||
| FCF Growth | % | - | +1.87% | ||||||
| Operating Profit Growth | % | -23.54% | -32.28% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +13.31% | +6.74% | ||||||
| Dividend Growth | % | +0.16% | +0.16% | ||||||
| Payout Ratio | % | -420.08% | -138.99% | ||||||
| FCF/Debt | x | -0.00 | 0.05 | ||||||
| Net Debt/EBITDA | x | 7.18 | 9.29 | ||||||
| EBIT/Net interest | x | 1.04 | 1.52 | ||||||
| Net debt/market cap | % | +1.60% | +1.36% | ||||||
| Net debt/Equity | x | 0.76 | 0.70 | ||||||
| Gross debt/equity | x | 0.80 | 0.73 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Established in 1997, Gladstone Land operates as a publicly traded real estate investment trust (REIT) focused on acquiring and owning agricultural land and related properties situated in key farming regions across the United States. It leases these assets to independent third-party farmers. The company regularly reports the fair value of its farmland holdings each quarter. Presently, its portfolio consists of 127 farms, covering approximately 94,000 acres in 13 different states, with an estimated worth of $1.0 billion. A significant portion of Gladstone Land's properties are located in areas suitable for growing fresh, annual row crops, such as berries and various vegetables, which are planted and harvested annually by its tenants. Additionally, the company's holdings include farms dedicated to permanent crops like almonds, apples, figs, olives, pistachios, other orchard fruits, blueberry groves, and vineyards. These permanent crops typically have a planting cycle of 10 to over 20 years but produce annual harvests. Beyond farmland, Gladstone Land may also acquire agricultural infrastructure, including cooling facilities, processing and packaging buildings, and distribution centers. Gladstone Land provides its stockholders with monthly distributions and has maintained an unbroken record of 93 consecutive monthly cash payouts on its common stock since its initial public offering in January 2013. Demonstrating consistent growth, the company has raised these common distributions 20 times over the last 23 quarters. The current per-share distribution on its common stock is $0.0449 per month, totaling $0.5388 annually.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Gladstone Land Corporation (LAND)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Established in 1997, Gladstone Land operates as a publicly traded real estate investment trust (REIT) focused on acquiring and owning agricultural land and related properties situated in key farming regions across the United States. It leases these assets to independent third-party farmers. The company regularly reports the fair value of its farmland holdings each quarter. Presently, its portfolio consists of 127 farms, covering approximately 94,000 acres in 13 different states, with an estimated worth of $1.0 billion. A significant portion of Gladstone Land's properties are located in areas suitable for growing fresh, annual row crops, such as berries and various vegetables, which are planted and harvested annually by its tenants. Additionally, the company's holdings include farms dedicated to permanent crops like almonds, apples, figs, olives, pistachios, other orchard fruits, blueberry groves, and vineyards. These permanent crops typically have a planting cycle of 10 to over 20 years but produce annual harvests. Beyond farmland, Gladstone Land may also acquire agricultural infrastructure, including cooling facilities, processing and packaging buildings, and distribution centers. Gladstone Land provides its stockholders with monthly distributions and has maintained an unbroken record of 93 consecutive monthly cash payouts on its common stock since its initial public offering in January 2013. Demonstrating consistent growth, the company has raised these common distributions 20 times over the last 23 quarters. The current per-share distribution on its common stock is $0.0449 per month, totaling $0.5388 annually.
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