LAND · NASDAQ
Gladstone Land Corporation
$7.76 -0.63 (-7.51%)
Company 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 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce row crops, such as berries and vegetables, which are generally planted and harvested annually.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Exchange
- NASDAQ
- Market cap
- $335M
- Employees
- 70
- Headquarters
- McLean, VA
- Website
- gladstonefarms.com
- CEO
- David John Gladstone
- Listed
- January 29, 2013
- P/E
- -9.95
- Dividend yield
- 5.84%
Company financials
- Revenue
- $88.1M
- Gross profit
- -$9.9M
- Operating income
- $21.2M
- EBITDA
- $52.7M
- Net income
- -$5.9M
- EPS
- -$0.78
- Total assets
- $1.2B
- Total debt
- $488M
- Gross margin
- -11.24%
- Net margin
- -6.68%
- Earnings yield
- -10.05%
LAND
1D
NASDAQ
O8.80H8.84L8.33C8.38-0.46 (-5.20%)Vol1.29M