Gladstone Land

Gladstone Land Corp. is an agricultural real estate investment trust, which engages in the business of owning and leasing farmland. It also includes farm-related facilities, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. The company was founded by David Gladstone on June 14, 1997 and is headquartered in McLean, VA.

Earnings data Q4 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Gladstone Land Corporation (NASDAQ:LAND ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer & President Michael LiCalsi - General Counsel & Secretary Lewis Parrish - Chief Financial Officer Conference Call Participants Rob Stevenson - Janney Edward Riley - EF Hutton John Massocca - Ladenburg Thalmann Operator Greetings. Welcome to Gladstone Land Corporation Third Quarter 2022 Earnings Call.

Gladstone Land Corporation (LAND) Q3 2022 Earnings Call Transcript

Gladstone (LAND) delivered FFO and revenue surprises of 21.76% and 9.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Gladstone Land (LAND) Q3 FFO and Revenues Beat Estimates

LAND owns farmland real estate across the United States, but especially concentrated on the West Coast and Florida. In a recent business update, management revealed that Hurricane Ian did the most damage to its farms in Florida.

Gladstone Land Has Become Interesting Again

MCLEAN, VA / ACCESSWIRE / October 12, 2022 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Paula Novara had been elected to the 2025 class of Directors for the Company, effective October 11, 2022. Ms. Novara, age 53, has been Head of Resource Management of the Company since its founding.

Gladstone Land Announces Election of Paula Novara as Director

MCLEAN, VA / ACCESSWIRE / October 11, 2022 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of October, November and December 2022. Monthly Cash Distributions: Common Stock: $0.0458 per share of common stock for each of October, November and December 2022, payable per the table below: Summary of Common Stock Cash Distributions Record Date Payment Date Amount October 21 October 31 $ 0.0458 November 18 November 30 0.0458 December 20 December 30 0.0458 Total for the Quarter: $ 0.1374 The Company has paid 116 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 28 times over the prior 31 quarters.

Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2022 and Third Quarter Ended September 30, 2022, Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / October 6, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that, in light of the recent price volatility of its common stock (largely consistent with the overall market), it is providing the following business update: Inflation Hedge: With inflation continuing to hover near the highest rates seen in over four decades, farmland continues to act as a strong hedge against inflation. According to the U.S. Bureau of Labor Statistics, CPI grew at an annual rate of 8.3% through August 2022.

Gladstone Land Provides Business Update

American Tower

Mid-America Apartment Communities

Kick-start your investment portfolio with these diverse dividend stocks.

3 Top Recommendations for New Investors

JPMorgan BetaBuilders MSCI US REIT ETF

CatchMark Timber Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Farmland Partners

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

PotlatchDeltic

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Rayonier

Schwab U.S. REIT ETF

Seven Hills Realty Trust

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

West Fraser Timber Co. Ltd.

Weyerhaeuser

Real Estate Select Sector SPDR Fund

While still outperforming the REIT Index this year, timber and farmland REITs have pulled back amid cooling inflation expectations, slumping global commodity demand, and regional weather complications. A hedge on chaos? Amid indications that the Russia-Ukraine conflict may drag on indefinitely, we expect continued global market share gains for North American producers of the disrupted agricultural products.

Land REITs: Hedge Inflation - And Chaos

MCLEAN, VA / ACCESSWIRE / August 24, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today announced the amendment of certain terms of the Company's $500 million continuous offering of its 6.00% Series C Cumulative Preferred Stock (the "Series C Preferred Stock") to limit total sales to no more than 10,200,000 shares (or up to $255 million) in the primary offering and to limit the number of shares to be sold under the dividend reinvestment plan to no more than 200,000 shares. As a result of today's amendment, the primary offering was reduced from 20,000,000 shares (approximately $500 million) to 10,200,000 shares (approximately $255 million), and the offering of the Company's Series C Preferred Stock will now terminate on the earlier of December 31, 2022, or the date on which all 10,200,000 shares of Series C Preferred Stock offered in the primary offering are sold.

Gladstone Land Amends Terms of its Series C Preferred Stock Offering

Worrying trends keep me on the sidelines after selling Gladstone Land. LAND commentary on drought is increasingly cautious.

Gladstone Land H1 2022 Review: Worrying Trends Continue

Gladstone Land (LAND) is a REIT that buys farmland and rents it out to corporations and independent farmers, often the very farmers they bought the land from. Farmland REITs have outperformed the REIT average this year, but Gladstone Land has lagged, despite a hot first quarter.

Gladstone Land: Growth Slowing, Debt Load Rising

Gladstone Land Corporation (NASDAQ:LAND ) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer & President Michael LiCalsi - General Counsel & Secretary Lewis Parrish - Chief Financial Officer Conference Call Participants Rob Stevenson - Janney Edward Riley - EF Hutton John Massocca - Ladenburg Thalmann Operator Greetings, and welcome to the Gladstone Land Second Quarter Earnings and Webcast Conference Call. At this time, all participants are in a listen-only mode.

Gladstone Land Corporation (LAND) CEO David Gladstone on Q2 2022 Earnings Call Transcript

Gladstone (LAND) delivered FFO and revenue surprises of -7.86% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Gladstone Land (LAND) Lags Q2 FFO and Revenue Estimates

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESSWIRE / August 9, 2022 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") today reported financial results for the second quarter ended June 30, 2022.

Gladstone Land Announces Second Quarter 2022 Results

Invesco DB Agriculture Fund

VanEck Vectors Agribusiness ETF

Teucrium Wheat Fund

Thanks to the proliferation of REITs and ETFs, investing in farms is much easier than it used to be. Sizing up the new crop of instruments.

Farmland Is an Inflation Hedge. How to Invest.

MCLEAN, VA / ACCESSWIRE / July 25, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,317 gross acres of farmland located in Washington and Oregon, for approximately $37.3 million from Horizon Vineyards ("Horizon"), an affiliate of Resource Land Holdings ("RLH"), headquartered in Denver, Colorado. In connection with the acquisition, Gladstone Land also assumed several long-term, triple-net vineyard leases with an industry-leading grower.

Gladstone Land Acquires Vineyards in Washington and Oregon

MCLEAN, VA / ACCESSWIRE / July 12, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of July, August and September 2022. Monthly Cash Distributions: Common Stock: $0.0456 per share of common stock for each of July, August and September 2022, payable per the table below: Summary of Common Stock Cash Distributions Record Date Payment Date Amount July 22 July 29 $ 0.0456 August 23 August 31 0.0456 September 22 September 30 0.0456 Total for the Quarter: $ 0.1368 The Company has paid 113 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 27 times over the prior 30 quarters.

Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2022 and Second Quarter Ended June 30, 2022, Earnings Release and Conference Call Dates

Equity Residential

Invitation Homes

The tides are changing in the real estate market, bringing new opportunities and challenges.

What's Next in Real Estate? 3 Investors Weigh In

As the old saying goes, “Invest into land, because God isn't making any more of it." In the long-term, investing in land is a smart idea because everyone needs to eat.

Gladstone Land: A Top Farmland Stock to Combat Food Inflation

Agree Realty

Global Water Resources

LTC Properties

Main Street Capital

Permianville Royalty Trust - Unit

STAG Industrial

With passive income, frequency of cash flow also matters, which is why these monthly dividend stocks to buy are compelling. The post 7 Monthly Dividend Stocks to Buy in July 2022 appeared first on InvestorPlace.

7 Monthly Dividend Stocks to Buy in July 2022

MCLEAN, VA / ACCESSWIRE / June 21, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,374 gross acres of farmland located in Glenn County, California, for $24.5 million from Solum Partners ("Solum"), headquartered in Boston, Massachusetts. In connection with the acquisition, Gladstone Land also entered into a 15-year, triple-net lease agreement with California Olive Ranch, Inc. ("California Olive Ranch"), reported to be the largest miller of olives for extra virgin olive oil ("EVOO") in the U.S. and the producer of the nation's top-selling 100% California EVOO.

Gladstone Land Acquires Olive Orchard in California

While stocks and crypto tend to get all of the attention in headlines, these lesser-known alternative investments are producing record gains. Alternative investments typically have a very low correlation to the stock market, so regardless of how the market performs in the coming months these three.

These Under-the-Radar Investments Are Producing Record Breaking Returns

I had picked up LAND as a holding years ago; as the price surged, I sold off the position. It became incredibly expensive but was definitely worth keeping on the watchlist.

Gladstone Land: Almost A Viable Investment Again

Farmland has proven to be a hedge against inflation over the last years, where returns have been better than those on Wall Street. Gladstone Land's portfolio is of great quality and, in the long term, value will emerge.

Gladstone Land: Current Valuation Is A Downside Risk

Gladstone Land Corporation (NASDAQ:LAND ) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer & President Michael LiCals - General Counsel & Secretary & President, Gladstone Administration Lewis Parrish - Chief Financial Officer Conference Call Participants John Massocca - Ladenburg Thalmann Edward Riley - EF Hutton Craig Kucera - B. Riley Securities Barry Oxford - Colliers Operator Greetings and welcome to Gladstone Land Corporation First Quarter Earnings Conference Call.

Gladstone Land Corporation (LAND) CEO David Gladstone on Q1 2022 Earnings Call Transcript

News for Gladstone Land Stock (LAND)