LANDGladstone LandLAND info
$11.25info1.17%24h
Global rank2852
Market cap$403.18M
Change 7d-2.34%
YTD Performance-22.15%
SP500 benchmarkUnderperform
P/E0
P/S0
Revenue$0
Earnings$0
Dividend yield-
Main Sector
Real Estate
Business data

    Gladstone Land (LAND) Stock Overview

    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.

    LAND Stock Information

    Symbol
    LAND
    Address
    1521 Westbranch DriveMcLean, VA 22102-3211United States
    Founded
    -
    Trading hours
    -
    Website
    https://www.gladstonefarms.com
    Country
    πŸ‡ΊπŸ‡Έ United States
    Phone Number
    703 287 5800

    Gladstone Land (LAND) Price Chart

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    Value:-

    Gladstone Land Overview: Key Details and Summary

    Stock data
    2024
    Change
    Price
    $11.25
    N/A
    Market Cap
    $403.18M
    N/A
    Shares Outstanding
    35.84M
    N/A
    Employees
    0
    N/A
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