LAND RSI Chart
Last 7 days
0.9%
Last 30 days
8.2%
Last 90 days
-0.4%
Trailing 12 Months
-11.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 89.4M | 0 | 0 | 0 |
2023 | 90.5M | 91.4M | 90.7M | 90.4M |
2022 | 79.2M | 82.6M | 87.2M | 89.2M |
2021 | 57.8M | 62.0M | 67.6M | 75.3M |
2020 | 48.1M | 52.4M | 55.4M | 57.0M |
2019 | 35.3M | 32.2M | 35.2M | 40.7M |
2018 | 28.6M | 34.0M | 35.5M | 36.7M |
2017 | 19.4M | 21.1M | 23.2M | 25.1M |
2016 | 12.7M | 14.2M | 15.2M | 17.3M |
2015 | 8.8M | 10.0M | 11.7M | 12.1M |
2014 | 4.9M | 5.5M | 6.3M | 7.4M |
2013 | 3.5M | 3.6M | 3.8M | 4.0M |
2012 | 3.1M | 3.2M | 3.3M | 3.4M |
2011 | 0 | 0 | 0 | 3.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 28, 2023 | novara paula | bought | 9,889 | 17.6597 | 560 | - |
Oct 18, 2021 | merrick caren d | acquired | - | - | 1,000 | - |
Dec 22, 2020 | gladstone david | gifted | - | - | 248,000 | chief executive officer |
Mar 17, 2020 | english michela a | sold | -4,173 | 10.84 | -385 | - |
Mar 16, 2020 | licalsi michael | bought | 8,064 | 10.0804 | 800 | general counsel and secretary |
Mar 16, 2020 | parrish lewis | bought | 5,065 | 10.13 | 500 | cfo |
Mar 02, 2020 | gladstone david | gifted | - | - | 700,000 | chief executive officer |
Feb 24, 2020 | adelgren paul w | bought | 9,975 | 14.25 | 700 | - |
Nov 15, 2019 | adelgren paul w | bought | 11,428 | 12.03 | 950 | - |
Sep 10, 2019 | gladstone david | bought | 883,706 | 11.9 | 74,261 | ceo |
Which funds bought or sold LAND recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | Point72 Asset Management, L.P. | added | 62.12 | 47,368 | 142,738 | -% |
May 15, 2024 | JANUS HENDERSON GROUP PLC | added | 0.01 | -15,483 | 182,781 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -50.08 | -283,046 | 241,908 | -% |
May 15, 2024 | Man Group plc | reduced | -76.97 | -597,331 | 161,294 | -% |
May 15, 2024 | CAROLINAS WEALTH CONSULTING LLC | sold off | -100 | -34,126 | - | -% |
May 15, 2024 | AMUNDI | added | 7.1 | -350,342 | 16,498,100 | 0.01% |
May 15, 2024 | HSBC HOLDINGS PLC | new | - | 179,156 | 179,156 | -% |
May 15, 2024 | AQR CAPITAL MANAGEMENT LLC | added | 251 | 410,931 | 594,071 | -% |
May 15, 2024 | DEUTSCHE BANK AG\ | reduced | -15.51 | -64,271 | 227,821 | -% |
May 15, 2024 | STATE STREET CORP | added | 0.77 | -781,636 | 10,425,800 | -% |
Unveiling Gladstone Land Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Gladstone Land Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 91.0B | 11.2B | 46.11 | 8.12 | ||||
CCI | 45.2B | 6.8B | 32.41 | 6.6 | ||||
AVB | 28.2B | 2.8B | 29.49 | 10.04 | ||||
ARE | 21.7B | 3.0B | 110.53 | 7.35 | ||||
AMH | 13.4B | - | 31.6 | 8.22 | ||||
REG | 11.1B | 1.4B | 29.74 | 8.12 | ||||
BXP | 10.0B | 3.3B | 52 | 3.02 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.2B | 35.36 | 7.33 | ||||
MAC | 3.5B | 878.0M | -10.13 | 3.95 | ||||
SLG | 3.4B | 892.3M | -6.73 | 3.86 | ||||
SMALL-CAP | ||||||||
AAT | 1.4B | 444.1M | 20.22 | 3.12 | ||||
AIV | 1.2B | 198.2M | -7.62 | 6.02 | ||||
MFA | 1.1B | 650.2M | 36.67 | 1.73 | ||||
NYMT | 576.6M | 285.4M | -4.18 | 2.02 | ||||
IVR | 459.0M | 277.2M | -55.97 | 1.66 |
Gladstone Land Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -17.2% | 20.00 | 24.00 | 24.00 | 21.00 | 21.00 | 25.00 | 24.00 | 20.00 | 20.00 | 23.00 | 20.00 | 17.00 | 16.00 | 15.00 | 14.00 | 13.00 | 15.00 | 13.00 | 11.00 | 8.00 | 8.00 |
Operating Expenses | -16.9% | 13.00 | 16.00 | 14.00 | 13.00 | 14.00 | 15.00 | 15.00 | 12.00 | 13.00 | 13.00 | 11.00 | 9.00 | 10.00 | 8.00 | 7.00 | 6.00 | 8.00 | 7.00 | 6.00 | 4.00 | 5.00 |
S&GA Expenses | -100.0% | - | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 |
EBITDA Margin | -0.3% | 0.68* | 0.68* | 0.68* | 0.68* | 0.68* | 0.69* | 0.69* | 0.70* | 0.70* | 0.70* | 0.71* | 0.72* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -4.7% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 3.00 |
EBT Margin | 1.1% | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | - | - | - | - | - | - | - | - | - |
Net Income | 645.8% | 14.00 | 2.00 | 3.00 | 8.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 2.00 | 1.00 | -0.53 | 1.00 | 0.00 | 2.00 | 0.00 | 3.00 | 1.00 | 1.00 | 0.00 | 0.00 |
Net Income Margin | 83.1% | 0.29* | 0.16* | 0.15* | 0.14* | 0.06* | 0.05* | 0.06* | 0.06* | 0.05* | 0.05* | 0.02* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -80.4% | 3.00 | 17.00 | 0.00 | 18.00 | 5.00 | 21.00 | 4.00 | 12.00 | 8.00 | 12.00 | 3.00 | 10.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.7% | 1,364 | 1,387 | 1,406 | 1,429 | 1,426 | 1,457 | 1,438 | 1,410 | 1,386 | 1,352 | 1,262 | 1,202 | 1,134 | 1,067 | 878 | 857 | 841 | 817 | 757 | 629 | 576 |
Cash Equivalents | 177.6% | 52.00 | 19.00 | 25.00 | 48.00 | 39.00 | 61.00 | 37.00 | 48.00 | 49.00 | 17.00 | 66.00 | 67.00 | 73.00 | 9.00 | 6.00 | 25.00 | 30.00 | 14.00 | 4.00 | 29.00 | 23.00 |
Liabilities | -4.1% | 640 | 668 | 675 | 694 | 692 | 726 | 731 | 758 | 754 | 762 | 736 | 720 | 717 | 683 | 561 | 550 | 533 | 538 | 504 | 397 | 381 |
Shareholder's Equity | 0.5% | 723 | 720 | 731 | 735 | 735 | 731 | 707 | 652 | 632 | 589 | 525 | 481 | 418 | 384 | 317 | 306 | 308 | 279 | 253 | 231 | 195 |
Additional Paid-In Capital | 0.0% | 856 | 856 | 856 | 853 | 851 | 837 | 802 | 742 | 714 | 668 | 599 | 549 | 477 | 440 | 368 | 353 | 348 | 316 | 287 | 263 | 223 |
Shares Outstanding | 0% | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 35.00 | 34.00 | 35.00 | 34.00 | 30.00 | 31.00 | 28.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 540 | - | - | - | 708 | - | - | - | 672 | - | - | - | 301 | - | - | - | 210 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -80.4% | 3,420 | 17,424 | 80.00 | 17,863 | 4,714 | 20,715 | 3,718 | 11,802 | 7,553 | 12,021 | 3,391 | 10,309 | 6,656 | 13,409 | 1,656 | 6,441 | 3,496 | 7,468 | 9,646 | 1,824 | 2,432 |
Cashflow From Investing | 2431.1% | 62,519 | -2,682 | -4,187 | 6,117 | -3,016 | -6,857 | -43,480 | -31,575 | -3,572 | -145,500 | -64,551 | -79,544 | -5,406 | -197,281 | -40,520 | -24,932 | -10,168 | -52,700 | -155,347 | -48,886 | -5,717 |
Cashflow From Financing | -55.1% | -32,955 | -21,251 | -19,021 | -14,500 | -24,111 | 10,277 | 28,324 | 18,836 | 28,692 | 83,696 | 60,862 | 63,130 | 62,426 | 186,635 | 20,540 | 13,038 | 23,216 | 54,928 | 120,988 | 52,659 | 11,663 |
Dividend Payments | -100.0% | - | 4,988 | 4,965 | 4,932 | 4,904 | 4,789 | 4,739 | 4,701 | 4,664 | 4,596 | 4,254 | 3,999 | 3,642 | 3,342 | 2,967 | 2,874 | 2,850 | 2,802 | 2,780 | 2,469 | 2,409 |
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
OPERATING REVENUES: | ||
Lease revenue, net | $ 19,826,000 | $ 21,202,000 |
Other operating revenue | 426,000 | 0 |
Total operating revenues | 20,252,000 | 21,202,000 |
OPERATING EXPENSES: | ||
Depreciation and amortization | 8,789,000 | 9,119,000 |
Property operating expenses | 877,000 | 1,128,000 |
Base management fee | 2,156,000 | 2,149,000 |
Administration fee | 603,000 | 575,000 |
General and administrative expenses | 566,000 | 786,000 |
Total operating expenses | 12,991,000 | 13,757,000 |
OTHER INCOME (EXPENSE): | ||
Other income | 2,428,000 | 2,620,000 |
Interest expense | (5,555,000) | (6,036,000) |
Dividends declared on cumulative term preferred stock | (755,000) | (755,000) |
Gain (loss) on dispositions of real estate assets, net | 10,273,000 | (481,000) |
Property and casualty loss, net | 0 | (1,016,000) |
Loss from investments in unconsolidated entities | (85,000) | (27,000) |
Total other income (expense), net | 6,306,000 | (5,695,000) |
NET INCOME | 13,567,000 | 1,750,000 |
Net income attributable to non-controlling interests | 0 | 0 |
NET INCOME ATTRIBUTABLE TO THE COMPANY | 13,567,000 | 1,750,000 |
Dividends declared on cumulative redeemable preferred stock | (6,118,000) | (6,068,000) |
Loss on extinguishment of cumulative redeemable preferred stock | 0 | (2,000) |
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ 7,449,000 | $ (4,320,000) |
INCOME (LOSS) PER COMMON SHARE: | ||
Basic (in dollars per share) | $ 0.21 | $ (0.12) |
Diluted (in dollars per share) | $ 0.21 | $ (0.12) |
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING: | ||
Basic (in shares) | 35,838,442 | 35,547,397 |
Diluted (in shares) | 35,838,442 | 35,547,397 |
NET INCOME | ||
Change in fair value related to interest rate hedging instruments | $ 1,008,000 | $ (1,648,000) |
COMPREHENSIVE INCOME | 14,575,000 | 102,000 |
Net income attributable to non-controlling interests | 0 | 0 |
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY | $ 14,575,000 | $ 102,000 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Real estate, at cost | $ 1,384,228 | $ 1,383,742 |
Less: accumulated depreciation | (149,608) | (142,212) |
Total real estate, net | 1,234,620 | 1,241,530 |
Lease intangibles, net | 4,550 | 4,782 |
Real estate and related assets held for sale, net | 0 | 53,626 |
Cash and cash equivalents | 51,555 | 18,571 |
Other assets, net | 72,785 | 68,815 |
TOTAL ASSETS | 1,363,510 | 1,387,324 |
LIABILITIES: | ||
Borrowings under lines of credit | 200 | 200 |
Notes and bonds payable, net | 551,954 | 573,911 |
Accounts payable and accrued expenses | 8,401 | 10,298 |
Total Liabilities | 640,191 | 667,711 |
Commitments and contingencies (Note 7) | ||
Stockholders’ equity: | ||
Common stock, $0.001 par value; 48,043,098 shares authorized, 35,838,442 shares issued and outstanding as of March 31, 2024, and December 31, 2023 | 36 | 36 |
Additional paid-in capital | 856,455 | 856,206 |
Distributions in excess of accumulated earnings | (141,562) | (144,011) |
Accumulated other comprehensive income | 8,374 | 7,366 |
Total stockholders’ equity | 723,319 | 719,613 |
Non-controlling interests in Operating Partnership | 0 | 0 |
Total Equity | 723,319 | 719,613 |
TOTAL LIABILITIES AND EQUITY | 1,363,510 | 1,387,324 |
Related Party | ||
LIABILITIES: | ||
Other liabilities, net | 3,103 | 3,874 |
Nonrelated Party | ||
LIABILITIES: | ||
Other liabilities, net | 16,912 | 19,909 |
Series D Preferred Stock | ||
LIABILITIES: | ||
Series D cumulative term preferred stock, net, $0.001 par value, $25.00 per share liquidation preference; 3,600,000 shares authorized, 2,415,000 shares issued and outstanding as of March 31, 2024, and December 31, 2023 | 59,621 | 59,519 |
Series B Preferred Stock | ||
Stockholders’ equity: | ||
Cumulative redeemable preferred stock, value | 6 | 6 |
Series C Preferred Stock | ||
Stockholders’ equity: | ||
Cumulative redeemable preferred stock, value | 10 | 10 |
Series E Preferred Stock | ||
Stockholders’ equity: | ||
Cumulative redeemable preferred stock, value | $ 0 | $ 0 |