Values as of: 2024-12-24
PREFERRED STOCK | REIT - Specialty |
Last Closing
USD 24.6Change
-0.05 (-0.20)%Market Cap
USD 0.41BVolume
1.20KAnalyst Target
N/AVerdict
Verdict
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company 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, which are generally planted every 20-plus years and harvested annually. Approximately 40% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land pays monthly distributions to its stockholders and has paid 129 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 32 times over the prior 35 quarters, and the current per-share distribution on its common stock is $0.0464 per month, or $0.5568 per year.
Company Website : https://www.gladstonefarms.com
Currency: USD
Country : USA
| Symbol | Name | Price(Change) | Market Cap |
|---|---|---|---|
| EQIX | Equinix Inc |
+10.42 (+1.11%) |
USD 93.11B |
| SBAC | SBA Communications Corp |
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| GLPI | Gaming & Leisure Properties |
+0.43 (+0.90%) |
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| LAMR | Lamar Advertising Company |
-0.06 (-0.05%) |
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| PCH | PotlatchDeltic Corp |
-0.04 (-0.10%) |
USD 3.49B |
| UNIT | Uniti Group Inc |
+0.03 (+0.55%) |
USD 1.48B |
| LAND | Gladstone Land Corporation |
+0.09 (+0.86%) |
USD 0.42B |
| LANDP | Gladstone Land Corporation 6.0.. |
-0.10 (-0.47%) |
USD 0.23B |
| SELF | Global Self Storage Inc |
N/A |
USD 0.06B |
| LANDO | Gladstone Land Corp |
N/A |
N/A |
N/A
| Market Performance vs. Industry/Classification (REIT - Specialty) | Market Performance vs. Exchange | ||||||
| Value | Sector Median | Percentile Rank | Grade | Market Median | Percentile Rank | Grade | |
| YTD | |||||||
| Capital Gain | 3.58% | 55% | F | 56% | F | ||
| Dividend Return | 5.26% | 82% | B | 76% | C+ | ||
| Total Return | 8.84% | 55% | F | 61% | D- | ||
| Trailing 12 Months | |||||||
| Capital Gain | 3.58% | 55% | F | 56% | F | ||
| Dividend Return | 5.26% | 73% | C | 76% | C+ | ||
| Total Return | 8.84% | 55% | F | 60% | D- | ||
| Trailing 5 Years | |||||||
| Capital Gain | N/A | N/A | N/A | N/A | N/A | ||
| Dividend Return | N/A | N/A | N/A | N/A | N/A | ||
| Total Return | N/A | N/A | N/A | N/A | N/A | ||
| Average Annual (5 Year Horizon) | |||||||
| Capital Gain | -1.49% | 35% | F | 25% | F | ||
| Dividend Return | 1.78% | 30% | F | 30% | F | ||
| Total Return | 3.28% | 42% | F | 67% | D+ | ||
| Risk Return Profile | |||||||
| Volatility (Standard Deviation) | 3.80% | 100% | F | 95% | A | ||
| Risk Adjusted Return | 46.95% | 90% | A- | 62% | D | ||
| Market Capitalization | 0.41B | 30% | F | 58% | F | ||
| Target Price Action | Rating Action | Analyst | Rating | Price | Date |
|---|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
The company has under performed its peers on annual average total returns in the past 5 years.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This stock has shown below median dividend growth in the previous 5 years compared to its sector.
