Gladstone Land Corp
General ticker "LAND" information:
- Sector: Real Estate
- Industry: Specialized REITs
- Capitalization: $413.0M
Gladstone Land Corp does not follow the US Stock Market performance with the rate: -2.1%.
Estimated limits based on current volatility of 1.7%: low 10.47$, high 10.83$
Factors to consider:
- Company pays dividends: last record date 2024-12-20, amount 0.05$ (Y1.91%)
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [11.30$, 16.52$]
- 2024-12-30 to 2025-12-30 estimated range: [11.37$, 16.70$]
Financial Metrics affecting the LAND estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.59
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.04
- Positive: Operating profit margin, % of 78.08 > 19.51
- Negative: 0 < Industry inventory ratio change (median), % of 0.16
- Positive: Interest expense per share, $ of 0.66 <= 0.74
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 6.15
Short-term LAND quotes
Long-term LAND plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $75.32MM | $89.24MM | $90.40MM |
| Operating Expenses | $44.45MM | $54.97MM | $19.81MM |
| Operating Income | $30.87MM | $34.27MM | $70.58MM |
| Non-Operating Income | $-27.35MM | $-29.55MM | $-56.02MM |
| Interest Expense | $24.88MM | $25.74MM | $23.66MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $3.51MM | $4.72MM | $14.56MM |
| Taxes | $24.06MM | $25.74MM | $0.00MM |
| Profit(Loss) | $-20.55MM | $-21.02MM | $14.56MM |
| Stockholders Equity | $586.82MM | $731.36MM | $719.61MM |
| Inventory | $0.00MM | $0.00MM | $53.63MM |
| Assets | $1,351.55MM | $1,457.25MM | $1,387.32MM |
| Operating Cash Flow | $32.38MM | $43.79MM | $40.08MM |
| Capital expenditure | $6.12MM | $20.13MM | $12.80MM |
| Investing Cash Flow | $-295.00MM | $-85.48MM | $-3.77MM |
| Financing Cash Flow | $270.11MM | $86.13MM | $-78.88MM |
| Earnings Per Share* | $-0.68 | $-0.61 | $0.28 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.