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LAND GLADSTONE LAND Corp

Price (delayed)

$9.675

Market cap

$350.09M

P/E Ratio

N/A

Dividend/share

$0.56

EPS

-$0.25

Enterprise value

$806M

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 ...

Highlights
LAND's EPS is up by 14% from the previous quarter
The debt has declined by 10% year-on-year and by 5% since the previous quarter
GLADSTONE LAND's net income has decreased by 44% YoY but it has increased by 12% from the previous quarter
LAND's gross profit is down by 10% year-on-year and by 5% since the previous quarter
The revenue has decreased by 9% YoY and by 4% from the previous quarter

Key stats

What are the main financial stats of LAND
Market
Shares outstanding
36.18M
Market cap
$350.09M
Enterprise value
$806M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.51
Price to sales (P/S)
4.28
EV/EBIT
22.18
EV/EBITDA
11.34
EV/Sales
9.86
Earnings
Revenue
$81.77M
Gross profit
$67.91M
Operating income
$25.69M
Net income
$14.83M
EBIT
$36.34M
EBITDA
$71.09M
Free cash flow
$91.6M
Per share
EPS
-$0.25
EPS diluted
-$0.25
Free cash flow per share
$2.53
Book value per share
$19.07
Revenue per share
$2.26
TBVPS
$35.33
Balance sheet
Total assets
$1.28B
Total liabilities
$591.86M
Debt
$498.83M
Equity
$689.88M
Working capital
N/A
Liquidity
Debt to equity
0.72
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.41
Margins
EBITDA margin
86.9%
Gross margin
83.1%
Net margin
18.1%
Operating margin
31.4%
Efficiency
Return on assets
-0.7%
Return on equity
-1.3%
Return on invested capital
2%
Return on capital employed
N/A
Return on sales
44.4%
Dividend
Dividend yield
5.79%
DPS
$0.56
Payout ratio
N/A

LAND stock price

How has the GLADSTONE LAND stock price performed over time
Intraday
-0.67%
1 week
-2.37%
1 month
0.99%
1 year
-27.04%
YTD
-10.83%
QTD
-8.03%

Financial performance

How have GLADSTONE LAND's revenue and profit performed over time
Revenue
$81.77M
Gross profit
$67.91M
Operating income
$25.69M
Net income
$14.83M
Gross margin
83.1%
Net margin
18.1%
GLADSTONE LAND's net income has decreased by 44% YoY but it has increased by 12% from the previous quarter
The net margin has declined by 39% year-on-year but it rose by 16% since the previous quarter
The operating income is down by 23% YoY and by 12% QoQ
GLADSTONE LAND's operating margin has decreased by 16% YoY and by 9% QoQ

Price vs fundamentals

How does LAND's price correlate with its fundamentals

Growth

What is GLADSTONE LAND's growth rate over time

Valuation

What is GLADSTONE LAND stock price valuation
P/E
N/A
P/B
0.51
P/S
4.28
EV/EBIT
22.18
EV/EBITDA
11.34
EV/Sales
9.86
LAND's EPS is up by 14% from the previous quarter
The P/B is 49% lower than the 5-year quarterly average of 1.0 and 15% lower than the last 4 quarters average of 0.6
The company's equity fell by 4.6% YoY
The P/S is 43% lower than the 5-year quarterly average of 7.6 and 15% lower than the last 4 quarters average of 5.1
The revenue has decreased by 9% YoY and by 4% from the previous quarter

Efficiency

How efficient is GLADSTONE LAND business performance
LAND's return on invested capital is down by 23% year-on-year but it is up by 5% since the previous quarter
LAND's ROS is down by 20% YoY but it is up by 8% from the previous quarter
The ROA rose by 13% QoQ
LAND's return on equity is up by 13% since the previous quarter

Dividends

What is LAND's dividend history
DPS
$0.56
Dividend yield
5.79%
Payout ratio
N/A
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did GLADSTONE LAND financials performed over time
GLADSTONE LAND's total assets is 117% more than its total liabilities
GLADSTONE LAND's total liabilities has decreased by 8% YoY and by 5% QoQ
GLADSTONE LAND's total assets has decreased by 6% YoY and by 2.3% from the previous quarter
The debt is 28% smaller than the equity
The debt has declined by 10% year-on-year and by 5% since the previous quarter
GLADSTONE LAND's debt to equity has decreased by 6% from the previous quarter and by 5% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.