LANDM
Gladstone Land Corp
Price Chart
No historical data available
Latest Quote
$25.07
| Previous Close | $25.07 |
| Open | $25.05 |
| Day High | $25.08 |
| Day Low | $25.05 |
| Volume | 3,372 |
Stock Information
| Quarterly Dividend / Yield | $1.25 / 0.05% |
| Shares Outstanding | 2.42M |
| Quarterly Dividend Yield | 0.05% |
| Quarterly Dividend | $1.25 |
| Total Debt | $541.38M |
| Cash Equivalents | $16.36M |
| Revenue | $67.94M |
| Net Income | $-14.15M |
| Sector | Real Estate |
| Industry | REIT - Specialty |
| Market Cap | $412.53M |
| EPS (TTM) | $-0.12 |
| Exchange | NGM |
Recent Price History
About Gladstone Land Corp
Gladstone Land Corporation 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. The Company currently owns 150 farms, comprised of approximately 103,000 acres in 15 different states and over 55,000 acre-feet of water assets in California. 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, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus years and harvested annually. Over 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and nearly 20% of its permanent crop acreage falls into this category. Gladstone Land pays monthly distributions to its stockholders and has paid 150 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is $0.0467 per month, or $0.5604 per year. Gladstone Land Corporation was founded in 1997.
đ° Latest News
Jim Cramer on Gladstone: âI Think You Should Kaching-Kaching That Oneâ
Insider Monkey âĸ 2026-02-04T19:36:36ZAssessing Gladstone Land (LAND) Valuation After Dividend Commitment And Preferred Share Redemption
Simply Wall St. âĸ 2026-02-01T11:08:24ZGladstone (LAND) Soars 7.1%: Is Further Upside Left in the Stock?
Zacks âĸ 2026-01-30T13:29:00ZNew Strong Buy Stocks for January 13th
Zacks âĸ 2026-01-13T09:28:00ZBest Income Stocks to Buy for Jan. 13
Zacks âĸ 2026-01-13T08:30:00ZBest Income Stocks to Buy for Nov. 10
Zacks âĸ 2025-11-10T11:59:00ZGladstone Land (LAND) Surpasses Q3 FFO and Revenue Estimates
Zacks âĸ 2025-11-05T22:40:02ZGladstone: Q3 Earnings Snapshot
Associated Press Finance âĸ 2025-11-05T21:36:31ZIf You Invested $10K In Gladstone Land Stock 10 Years Ago, How Much Would You Have Now?
Benzinga âĸ 2025-11-03T13:01:08ZRealty Income, One of Cramerâs Favorites, Issues $800 Million Notes
Insider Monkey âĸ 2025-10-08T14:25:26ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $5,278,000 | $4,109,000 | $2,729,000 | $2,414,000 |
| Cost Of Revenue | $5,334,000 | $4,201,000 | $2,819,000 | $2,536,000 |
| Total Revenue | $85,216,000 | $90,398,000 | $89,236,000 | $75,318,000 |
| Operating Revenue | $84,763,000 | $90,319,000 | $89,236,000 | $75,318,000 |
| Expenses | ||||
| Interest Expense | $21,885,000 | $23,665,000 | $25,738,000 | $24,883,000 |
| Total Expenses | $53,836,000 | $56,915,000 | $54,462,000 | $43,614,000 |
| Other Income Expense | $3,795,000 | $4,747,000 | $-4,320,000 | $-3,307,000 |
| Other Non Operating Income Expenses | $359,000 | $614,000 | $-431,000 | $-777,000 |
| Net Non Operating Interest Income Expense | $-21,885,000 | $-23,665,000 | $-25,738,000 | $-24,883,000 |
| Interest Expense Non Operating | $21,885,000 | $23,665,000 | $25,738,000 | $24,883,000 |
| Operating Expense | $48,502,000 | $52,714,000 | $51,643,000 | $41,078,000 |
| Other Operating Expenses | $109,000 | $1,771,000 | $3,225,000 | $3,901,000 |
| General And Administrative Expense | $13,338,000 | $13,782,000 | $13,052,000 | $9,994,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $13,290,000 | $14,565,000 | $4,708,000 | $3,495,000 |
| Net Interest Income | $-21,885,000 | $-23,665,000 | $-25,738,000 | $-24,883,000 |
| Normalized Income | $10,528,160 | $11,253,320 | $7,722,640 | $5,297,370 |
| Net Income From Continuing And Discontinued Operation | $13,290,000 | $14,565,000 | $4,708,000 | $3,495,000 |
| Net Income Common Stockholders | $-10,455,000 | $-9,852,000 | $-15,010,000 | $-8,763,000 |
| Net Income | $13,290,000 | $14,565,000 | $4,708,000 | $3,495,000 |
| Net Income Including Noncontrolling Interests | $13,290,000 | $14,565,000 | $4,716,000 | $3,514,000 |
| Net Income Continuous Operations | $13,290,000 | $14,565,000 | $4,716,000 | $3,514,000 |
| Pretax Income | $13,290,000 | $14,565,000 | $4,716,000 | $3,514,000 |
| Special Income Charges | $-2,390,000 | $-1,016,000 | $-56,000 | $68,000 |
| Earnings From Equity Interest | $-60,000 | $-59,000 | $-73,000 | $-61,000 |
| Operating Income | $31,380,000 | $33,483,000 | $34,774,000 | $31,704,000 |
| Depreciation Amortization Depletion Income Statement | $35,055,000 | $37,161,000 | $35,366,000 | $27,183,000 |
| Depreciation And Amortization In Income Statement | $35,055,000 | $37,161,000 | $35,366,000 | $27,183,000 |
| Gross Profit | $79,882,000 | $86,197,000 | $86,417,000 | $72,782,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $734,160 | $880,320 | $-801,360 | $-666,630 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $66,790,000 | $71,291,000 | $69,726,000 | $58,171,000 |
| Total Unusual Items | $3,496,000 | $4,192,000 | $-3,816,000 | $-2,469,000 |
| Total Unusual Items Excluding Goodwill | $3,496,000 | $4,192,000 | $-3,816,000 | $-2,469,000 |
| Reconciled Depreciation | $35,111,000 | $37,253,000 | $35,456,000 | $27,305,000 |
| EBITDA (Bullshit earnings) | $70,286,000 | $75,483,000 | $65,910,000 | $55,702,000 |
| EBIT | $35,175,000 | $38,230,000 | $30,454,000 | $28,397,000 |
| Diluted NI Availto Com Stockholders | $-10,455,000 | $-9,852,000 | $-15,010,000 | $-8,763,000 |
| Otherunder Preferred Stock Dividend | $-505,000 | $46,000 | $25,000 | $23,000 |
| Preferred Stock Dividends | $24,250,000 | $24,371,000 | $19,693,000 | $12,235,000 |
| Minority Interests | $0 | $0 | $-8,000 | $-19,000 |
| Other Special Charges | $284,000 | $1,016,000 | $56,000 | $-68,000 |
| Write Off | $2,106,000 | $0 | $0 | - |
| Gain On Sale Of Security | $5,886,000 | $5,208,000 | $-3,760,000 | $-2,537,000 |
| Selling General And Administration | $13,338,000 | $13,782,000 | $13,052,000 | $9,994,000 |
| Other Gand A | $13,338,000 | $13,782,000 | $13,052,000 | $9,994,000 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $683,594,000 | $714,831,000 | $725,660,000 | $582,359,000 |
| Total Assets | $1,312,195,000 | $1,387,324,000 | $1,457,251,000 | $1,351,550,000 |
| Total Non Current Assets | $1,247,606,000 | $1,315,127,000 | $1,396,110,000 | $1,334,842,000 |
| Other Non Current Assets | $87,168,000 | $68,815,000 | $64,980,000 | $46,588,000 |
| Goodwill And Other Intangible Assets | $3,588,000 | $4,782,000 | $5,702,000 | $4,456,000 |
| Other Intangible Assets | $3,588,000 | $4,782,000 | $5,702,000 | $4,456,000 |
| Current Assets | $64,589,000 | $72,197,000 | $61,141,000 | $16,708,000 |
| Inventory | $46,314,000 | $53,626,000 | $0 | - |
| Cash Cash Equivalents And Short Term Investments | $18,275,000 | $18,571,000 | $61,141,000 | $16,708,000 |
| Cash And Cash Equivalents | $18,275,000 | $18,571,000 | $61,141,000 | $16,708,000 |
| Debt | ||||
| Net Debt | $509,247,000 | $555,540,000 | $565,359,000 | $651,274,000 |
| Total Debt | $527,522,000 | $574,111,000 | $626,500,000 | $667,982,000 |
| Long Term Debt And Capital Lease Obligation | $523,922,000 | $573,911,000 | $626,400,000 | $667,882,000 |
| Long Term Debt | $523,922,000 | $573,911,000 | $626,400,000 | $667,882,000 |
| Current Debt And Capital Lease Obligation | $3,600,000 | $200,000 | $100,000 | $100,000 |
| Current Debt | $3,600,000 | $200,000 | $100,000 | $100,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $625,013,000 | $667,711,000 | $725,889,000 | $762,484,000 |
| Total Non Current Liabilities Net Minority Interest | $600,037,000 | $653,339,000 | $705,153,000 | $747,286,000 |
| Other Non Current Liabilities | $16,185,000 | $19,909,000 | $19,646,000 | $20,708,000 |
| Current Liabilities | $24,976,000 | $14,372,000 | $20,736,000 | $15,198,000 |
| Payables And Accrued Expenses | $21,376,000 | $14,172,000 | $20,636,000 | $15,098,000 |
| Payables | $21,376,000 | $14,172,000 | $20,636,000 | $15,098,000 |
| Accounts Payable | $18,404,000 | $10,298,000 | $16,266,000 | $10,874,000 |
| Equity | ||||
| Common Stock Equity | $687,166,000 | $719,597,000 | $731,346,000 | $586,806,000 |
| Preferred Stock Equity | $16,000 | $16,000 | $16,000 | $9,000 |
| Total Equity Gross Minority Interest | $687,182,000 | $719,613,000 | $731,362,000 | $589,066,000 |
| Stockholders Equity | $687,182,000 | $719,613,000 | $731,362,000 | $586,815,000 |
| Gains Losses Not Affecting Retained Earnings | $7,632,000 | $7,366,000 | $9,007,000 | $-1,036,000 |
| Other Equity Adjustments | $7,632,000 | $7,366,000 | $9,007,000 | $-1,036,000 |
| Retained Earnings | $-174,561,000 | $-144,011,000 | $-114,370,000 | $-80,467,000 |
| Preferred Securities Outside Stock Equity | $59,930,000 | $59,519,000 | $59,107,000 | $58,696,000 |
| Other | ||||
| Preferred Shares Number | $16,048,188 | $18,527,574 | $8,871,065 | $5,956,065 |
| Ordinary Shares Number | $36,184,658 | $35,838,442 | $35,050,397 | $34,210,013 |
| Share Issued | $36,184,658 | $35,838,442 | $35,050,397 | $34,210,013 |
| Tangible Book Value | $683,578,000 | $714,815,000 | $725,644,000 | $582,350,000 |
| Invested Capital | $1,214,688,000 | $1,293,708,000 | $1,357,846,000 | $1,254,788,000 |
| Working Capital | $39,613,000 | $57,825,000 | $40,405,000 | $1,510,000 |
| Total Capitalization | $1,211,104,000 | $1,293,524,000 | $1,357,762,000 | $1,254,697,000 |
| Minority Interest | $0 | $0 | $0 | $2,251,000 |
| Additional Paid In Capital | $854,059,000 | $856,206,000 | $836,674,000 | $668,275,000 |
| Capital Stock | $52,000 | $52,000 | $51,000 | $43,000 |
| Common Stock | $36,000 | $36,000 | $35,000 | $34,000 |
| Preferred Stock | $16,000 | $16,000 | $16,000 | $9,000 |
| Line Of Credit | $3,600,000 | $200,000 | $100,000 | $100,000 |
| Dueto Related Parties Current | $2,972,000 | $3,874,000 | $4,370,000 | $4,224,000 |
| Investment Properties | $1,156,850,000 | $1,241,530,000 | $1,325,428,000 | $1,283,798,000 |
| Finished Goods | $46,314,000 | $53,626,000 | $0 | - |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $24,351,000 | $27,276,000 | $23,662,000 | $26,257,000 |
| Operating Activities | ||||
| Operating Cash Flow | $29,548,000 | $40,081,000 | $43,788,000 | $32,377,000 |
| Cash Flow From Continuing Operating Activities | $29,548,000 | $40,081,000 | $43,788,000 | $32,377,000 |
| Operating Gains Losses | $-5,826,000 | $-5,149,000 | $3,833,000 | $2,598,000 |
| Investing Activities | ||||
| Capital Expenditure | $-5,197,000 | $-12,805,000 | $-20,126,000 | $-6,120,000 |
| Investing Cash Flow | $63,308,000 | $-3,768,000 | $-85,484,000 | $-295,001,000 |
| Cash Flow From Continuing Investing Activities | $63,308,000 | $-3,768,000 | $-85,484,000 | $-295,001,000 |
| Capital Expenditure Reported | $-5,197,000 | $-12,805,000 | $-20,126,000 | $-6,120,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-6,630,000 | $-1,191,000 | $-8,571,000 | $-28,998,000 |
| Issuance Of Capital Stock | $5,094,000 | $21,268,000 | $188,106,000 | $293,768,000 |
| Financing Cash Flow | $-93,152,000 | $-78,883,000 | $86,129,000 | $270,114,000 |
| Cash Flow From Continuing Financing Activities | $-93,152,000 | $-78,883,000 | $86,129,000 | $270,114,000 |
| Net Other Financing Charges | $-154,000 | $-955,000 | $-14,726,000 | $-9,469,000 |
| Cash Dividends Paid | $-44,343,000 | $-45,090,000 | $-36,961,000 | $-29,170,000 |
| Preferred Stock Dividend Paid | $-24,248,000 | $-25,301,000 | $-18,068,000 | $-12,679,000 |
| Common Stock Dividend Paid | $-20,095,000 | $-19,789,000 | $-18,893,000 | $-16,491,000 |
| Net Preferred Stock Issuance | $-1,536,000 | $20,077,000 | $187,205,000 | $264,770,000 |
| Preferred Stock Issuance | $5,094,000 | $21,268,000 | $188,106,000 | $293,768,000 |
| Net Common Stock Issuance | $0 | $0 | $-7,670,000 | $0 |
| Other | ||||
| Repayment Of Debt | $-50,519,000 | $-53,115,000 | $-51,651,000 | $-23,924,000 |
| Issuance Of Debt | $3,400,000 | $200,000 | $9,932,000 | $67,907,000 |
| Interest Paid Supplemental Data | $24,396,000 | $26,218,000 | $25,259,000 | $26,935,000 |
| End Cash Position | $18,275,000 | $18,571,000 | $61,141,000 | $16,708,000 |
| Beginning Cash Position | $18,571,000 | $61,141,000 | $16,708,000 | $9,218,000 |
| Changes In Cash | $-296,000 | $-42,570,000 | $44,433,000 | $7,490,000 |
| Preferred Stock Payments | $-6,630,000 | $-1,191,000 | $-901,000 | $-28,998,000 |
| Common Stock Payments | $0 | $0 | $-7,670,000 | $0 |
| Net Issuance Payments Of Debt | $-47,119,000 | $-52,915,000 | $-41,719,000 | $43,983,000 |
| Net Long Term Debt Issuance | $-47,119,000 | $-52,915,000 | $-41,719,000 | $43,983,000 |
| Long Term Debt Payments | $-50,519,000 | $-53,115,000 | $-51,651,000 | $-23,924,000 |
| Long Term Debt Issuance | $3,400,000 | $200,000 | $9,932,000 | $67,907,000 |
| Net Investment Properties Purchase And Sale | $68,505,000 | $9,037,000 | $-62,609,000 | $-286,827,000 |
| Sale Of Investment Properties | $68,505,000 | $9,037,000 | $0 | $0 |
| Purchase Of Investment Properties | $0 | $0 | $-62,609,000 | $-286,827,000 |
| Net Business Purchase And Sale | $0 | $0 | $-2,749,000 | $-2,054,000 |
| Purchase Of Business | $0 | $0 | $-2,749,000 | $-2,054,000 |
| Change In Working Capital | $-18,834,000 | $-9,352,000 | $-1,757,000 | $-1,576,000 |
| Change In Other Current Liabilities | $-1,458,000 | $962,000 | $52,000 | $2,458,000 |
| Change In Other Current Assets | $-11,275,000 | $-6,914,000 | $-7,487,000 | $-5,939,000 |
| Change In Payables And Accrued Expense | $-6,101,000 | $-3,400,000 | $5,678,000 | $1,905,000 |
| Other Non Cash Items | $3,329,000 | $2,615,000 | $1,457,000 | $523,000 |
| Asset Impairment Charge | $2,478,000 | $149,000 | $83,000 | $13,000 |
| Depreciation Amortization Depletion | $35,111,000 | $37,253,000 | $35,456,000 | $27,305,000 |
| Depreciation And Amortization | $35,111,000 | $37,253,000 | $35,456,000 | $27,305,000 |
| Depreciation | $35,111,000 | $37,253,000 | $35,456,000 | $27,305,000 |
| Earnings Losses From Equity Investments | $60,000 | $59,000 | $73,000 | $61,000 |
| Gain Loss On Investment Securities | $-5,886,000 | $-5,208,000 | $3,760,000 | $2,537,000 |
| Net Income From Continuing Operations | $13,290,000 | $14,565,000 | $4,716,000 | $3,514,000 |
| Net Short Term Debt Issuance | - | $100,000 | $0 | $0 |
| Short Term Debt Payments | - | $-100,000 | $0 | $0 |
| Short Term Debt Issuance | - | $200,000 | $0 | $0 |