Gladstone Land Corp LAND
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $8.56
- Day Range
- $8.52–8.65
- 52-Week Range
- $8.41–13.00
- Bid/Ask
- $8.58 / $8.74
- Shares Outstanding
- 43.14M
- Market Cap
- $370.97M
- Volume/Avg
- 581 / 630,315
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 3.68
- Dividend Yield (Trailing)
- 6.52%
- Dividend Yield (Forward)
- 6.52%
- Total Yield
- 6.52%
Company Profile
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment: Real Estate Rental Operations. It is focused on the ownership of farms and farm-related properties that are leased on a triple-net basis to tenants with a good operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce or annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also owns farms that grow certain commodity crops (e.g., corn and beans).
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stock Style Box
- Small Value
- Total Number of Employees
- 0
- Website
- https://www.gladstonefarms.com
Valuation
|
Metric
|
LAND
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 0.52 |
Price/Sales | 3.68 |
Price/Cash Flow | 6.45 |
Price/Earnings
LAND
Financial Strength
|
Metric
|
LAND
|
|---|---|
Quick Ratio | 0.23 |
Current Ratio | 0.34 |
Interest Coverage | 0.70 |
Quick Ratio
LAND
Profitability
|
Metric
|
LAND
|
|---|---|
Return on Assets (Normalized) | −0.01% |
Return on Equity (Normalized) | −0.02% |
Return on Invested Capital (Normalized) | 1.67% |
Return on Assets
LAND
REIT - Specialty Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Equinix Inc
EQIX
| LOCK|hxy>d@%B | LOCK|t>!@ | $103B | |||
| American Tower Corp
AMT
| LOCK|#PF>>Z | LOCK|#X#$ | $79B | |||
| Digital Realty Trust Inc
DLR
| LOCK|XsjnX#H | LOCK|&@ | $66B | |||
| Iron Mountain Inc
IRM
| LOCK|!WX^$C# | LOCK|#P^WZ | $36B | |||
| Crown Castle Inc
CCI
| LOCK|hLt | LOCK|%#Zk | $35B | |||
| SBA Communications Corp Class A
SBAC
| LOCK|$<dS%s | LOCK|>Bkk | $20B | |||
| Weyerhaeuser Co
WY
| LOCK|HkwZjf | LOCK|&V% | $17B | |||
| Lamar Advertising Co Class A
LAMR
| LOCK|qk<k#C | LOCK|$$fSg | $16B | |||
| Gaming and Leisure Properties Inc
GLPI
| — | LOCK|Vk | $12B | |||
| Uniti Group Inc
UNIT
| LOCK|@<>^q<# | LOCK|##z | $3B |
United States