(LAND) Gladstone Land - Ratings and Ratios

Gladstone Land Corporation (NASDAQ:LAND), established in 1997, is a publicly traded real estate investment trust specializing in the acquisition and ownership of high-quality farmland and farm-related properties in key U.S. agricultural regions. The company leases its properties to independent farmers, focusing on areas with strong demand for fresh produce and row crops. Gladstone Land currently owns 169 farms, spanning approximately 116,000 acres across 15 states, with over 45,000 acre-feet of banked water in California, valued at around $1.6 billion. Its farms are concentrated in regions ideal for growing fresh produce like berries, vegetables, and annual row crops, as well as permanent crops such as almonds, apples, cherries, and vineyards. Approximately 40% of its fresh produce acreage is either organic or in transition to organic, while over 10% of its permanent crop acreage falls into this category. The company also invests in farming infrastructure, including cooling facilities, processing buildings, and distribution centers. Gladstone Land has a strong track record of consistent dividends, having paid 129 consecutive monthly cash distributions since its IPO in January 2013. It has increased its common stock distributions 32 times over the past 35 quarters, with a current monthly distribution of $0.0464 per share, translating to an annualized dividend of $0.5568.

Ticker Symbol: LAND Exchange: NASDAQ Type: common stock Country Origin: United States GICS Sub Industry: Other Specialized REITs Average Volume 20d: 381352 Last Price: 11.60 SMA 20: 11.17 SMA 50: 10.85 SMA 200: 12.56 ATR: 0.29 Market Cap: 422.28M USD P/E: 0.00 P/E Forward: 0.00 P/B: 0.60 P/S: 4.96 RoE: 1.93