Unlock Premium for Just $9.99/Month – Special Launch Offer, Limited Time Only Get Premium

LAND GLADSTONE LAND Corp

Price (delayed)

$9.92

Market cap

$358.95M

P/E Ratio

N/A

Dividend/share

$0.56

EPS

-$0.25

Enterprise value

$814.87M

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
$358.95M
Enterprise value
$814.87M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.52
Price to sales (P/S)
4.39
EV/EBIT
22.42
EV/EBITDA
11.46
EV/Sales
9.97
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
5.65%
DPS
$0.56
Payout ratio
N/A

LAND stock price

How has the GLADSTONE LAND stock price performed over time
Intraday
3.44%
1 week
2.48%
1 month
1.12%
1 year
-25.53%
YTD
-8.57%
QTD
-5.7%

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%

LAND financials

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

LAND Price vs fundamentals

LAND Earnings waterfall

LAND Price vs fair value

Growth

What is GLADSTONE LAND's growth rate over time

LAND growth chart

Valuation

What is GLADSTONE LAND stock price valuation
P/E
N/A
P/B
0.52
P/S
4.39
EV/EBIT
22.42
EV/EBITDA
11.46
EV/Sales
9.97

Valuation vs average

Price to earnings (P/E)

LAND's EPS is up by 14% from the previous quarter

Price to book (P/B)

The P/B is 48% lower than the 5-year quarterly average of 1.0 and 13% lower than the last 4 quarters average of 0.6
The company's equity fell by 4.6% YoY

Price to sales (P/S)

The P/S is 42% lower than the 5-year quarterly average of 7.6 and 14% 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
5.65%
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

Assets vs liabilities

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

Debt vs equity

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

Balance sheet

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