Equities
Real EstateReal Estate Investment Trusts
  • Price (USD)13.33
  • Today's Change-0.33 / -2.42%
  • Shares traded257.93k
  • 1 Year change-15.10%
  • Beta1.0319
Data delayed at least 15 minutes, as of May 23 2024 21:00 BST.
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About the company

Gladstone Land Corporation is a real estate investment trust that acquires and owns farmland and farm-related properties located in various agricultural markets in the United States. The Company owns around 168 farms, comprised of 112,000 acres in 15 different states and 46,400 acre-feet of water assets in California. Its farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables. It also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards. Approximately 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 20% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities and processing buildings, among others. Its adviser is Gladstone Management Corporation.

  • Revenue in USD (TTM)89.45m
  • Net income in USD1.92m
  • Incorporated2011
  • Employees69.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Star Holdings131.70m-154.62m172.62m86.00--0.4763--1.31-11.61-11.619.8927.210.1834----1,531,430.00-21.52---22.13--13.09---117.34-----0.13420.3364---0.8253---440.21------
Aaron's Company Inc2.10bn-24.16m226.94m9.07k--0.33840.45810.1082-0.7958-0.795868.0921.891.1611.8064.08231,179.10-1.34-1.57-2.31-2.7352.3457.81-1.15-1.34---0.22880.241---4.873.58153.47-43.877.07--
Ranger Energy Services Inc616.00m16.80m240.27m2.00k15.660.91234.150.39010.67040.670425.3211.511.6980.876.08308,000.004.601.385.552.0615.3217.122.731.101.909.420.08016.414.6216.0057.62---13.62--
NexPoint Real Estate Finance Inc78.08m-10.45m246.47m1.00--0.7211--3.16-0.6092-0.60924.1720.880.0103----78,078,000.00-0.0698---0.0743--30.46---6.76------0.9365--21.22--221.55------
Mobile Infrastructure Corp32.00m-32.80m388.72m18.00--0.942--12.15-2.36-2.361.833.770.0751--11.181,777,556.00-8.89---12.45--67.76---118.41-----1.600.4861--4.02---192.07------
Newlake Capital Partners Inc48.50m25.59m419.22m8.0017.021.0410.388.641.201.202.2719.660.11----6,062,000.005.91--6.26--51.45--53.71------0.0097--5.12--11.87------
Willis Lease Finance Corporation448.10m56.76m438.58m361.007.690.99112.970.97888.678.6768.6074.610.17030.31048.121,241,285.002.291.112.381.1495.7692.3413.457.59--2.240.77230.0034.183.741,817.910.2365-17.62--
Gladstone Land Corp89.45m1.92m489.55m69.00254.800.676812.675.470.05360.05362.5020.180.0641----1,296,348.001.890.52061.910.528186.0787.3429.498.37--1.450.4582--1.3019.7634.36---32.890.7993
Peakstone Realty Trust246.54m-558.94m489.95m35.00--0.441--1.99-15.55-15.556.8430.570.0778--3.707,043,943.00-19.21-4.98-20.83-5.4887.3085.26-246.88-52.40--0.2110.541---38.95-5.44-35.45---39.81--
Farmland Partners Inc56.78m27.54m531.63m25.0027.031.0314.989.360.40850.40850.965810.670.0524.6720.522,271,320.002.871.373.271.5977.7779.6255.2627.77--1.070.3781156.47-6.120.4934230.75---9.44-11.11
FRP Holdings Inc41.53m6.04m559.57m15.0092.191.3433.8313.480.31910.31912.1921.900.0591--30.422,768,333.000.8272.270.87552.3940.5031.5213.9944.16--2.760.28480.0010.7413.5116.1417.748.99--
Uniti Group Inc1.15bn-22.60m831.29m813.00----2.890.7251-0.1285-0.12854.58-10.450.2299--22.441,410,119.00-0.4651-2.81-0.6531-3.90-----2.02-12.36--1.211.77--1.862.47-779.53---0.3123-24.21
Data as of May 23 2024. Currency figures normalised to Gladstone Land Corp's reporting currency: US Dollar USD

Institutional shareholders

28.05%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20243.43m9.56%
BlackRock Fund Advisorsas of 31 Mar 20242.29m6.40%
Geode Capital Management LLCas of 31 Mar 2024854.38k2.38%
SSgA Funds Management, Inc.as of 31 Mar 2024781.54k2.18%
Bowen Hanes & Co., Inc.as of 31 Mar 2024671.00k1.87%
KBI Global Investors Ltd.as of 31 Mar 2024555.10k1.55%
KBI Global Investors (North America) Ltd.as of 31 Mar 2024473.22k1.32%
Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 2024432.42k1.21%
New Jersey Division of Investmentas of 31 Mar 2024315.00k0.88%
Janney Montgomery Scott LLC (Investment Management)as of 31 Mar 2024246.13k0.69%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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