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 2020

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Gladstone Land reports robust Q4 performance amidst crop profitability

Gladstone Land's Q4 performance reflects strong financial metrics and a focus on profitable crops, despite challenges with tenant issues and market uncertainties.
The company's strategic investments in water infrastructure and acquisitions position it well for growth and operational efficiency in the agricultural real estate sector.
While facing challenges like slow-paying tenants and market fluctuations, Gladstone Land has opportunities to diversify its portfolio and optimize its operational strategies for sustained success.
Overall, Gladstone Land's earnings call highlights a resilient performance, strategic strengths, ongoing challenges, and promising opportunities for future growth and profitability.

Gladstone Land reports 15% net income growth in Q1 2023

Gladstone Land reported a strong Q1 performance with a focus on financial indicators, farmland holdings, and operational challenges. Despite market challenges, the company remains optimistic about future opportunities and revenue streams.

Gladstone Land maintains stable performance amidst operational challenges in Q2

Gladstone Land's Q2 2023 performance reflects stability in financial metrics amidst operational challenges and revenue fluctuations.
Strategic strengths in farmland investments and income generation position the company well for long-term growth and value creation.
Addressing short-term challenges and seizing opportunities for optimization can drive Gladstone Land's future financial success.

Gladstone Land maintains stability amidst challenges, eyes valuation growth

Gladstone Land's Q3 earnings call highlighted the company's focus on key financial metrics, challenges with tenant payments, and strategies for navigating market uncertainties. Despite facing challenges such as high interest rates and oversupply in certain crops, the company remains optimistic about future opportunities and the resilience of its farmland investments.

Gladstone Land reports stable lease revenues and focuses on water security

Gladstone Land's Q4 earnings call highlighted stable lease revenues, challenges in farm acquisitions, and a focus on water security projects. The company's strengths in innovative water management and commitment to sustainable practices position it well for future growth. Opportunities in farmland investments and addressing shareholder concerns present avenues for value creation.

Gladstone Land addresses challenges and opportunities in Q1 earnings

Gladstone Land's earnings call highlighted a mixed performance with strengths in financial stability and portfolio diversification, but challenges in tenant issues and market uncertainties. The company faces opportunities in acquisitions, stable regions for farming, and access to capital despite industry challenges.

Gladstone Land reports Q2 loss, eyes rebound in crop pricing

Gladstone Land's Q2 2024 performance saw a net loss, but the company remains financially strong with valuable farmland and water assets. Challenges in crop pricing and participation rents are being addressed, while opportunities in pricing rebound and potential asset dispositions are being explored. The company maintains a cautious stance on acquisitions due to high capital costs.

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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

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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

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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

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Gladstone Land: A Top Farmland Stock to Combat Food Inflation

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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

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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

Gladstone (LAND) delivered FFO and revenue surprises of 2.78% and 2%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Gladstone Land (LAND) Surpasses Q1 FFO 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 / May 10, 2022 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") today reported financial results for the first quarter ended March 31, 2022.

Gladstone Land Announces First Quarter 2022 Results

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