Gladstone Land (NASDAQ:LAND) is scheduled to release its earnings data after the market closes on Tuesday, February 20th. Analysts expect Gladstone Land to post earnings of ($0.01) per share for the quarter.
Gladstone Land (NASDAQ:LAND) opened at $12.18 on Tuesday. The stock has a market cap of $160.41, a PE ratio of 609.00 and a beta of 0.89. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 2.48. Gladstone Land has a 52-week low of $10.77 and a 52-week high of $14.29.
The business also recently declared a monthly dividend, which will be paid on Friday, March 30th. Investors of record on Tuesday, March 20th will be given a dividend of $0.0443 per share. The ex-dividend date of this dividend is Monday, March 19th. This represents a $0.53 annualized dividend and a yield of 4.36%. Gladstone Land’s dividend payout ratio (DPR) is 2,650.00%.
Several brokerages recently issued reports on LAND. Ladenburg Thalmann Financial Services reiterated a “buy” rating and set a $15.00 price target (up previously from $14.00) on shares of Gladstone Land in a research report on Friday, December 8th. Hilliard Lyons downgraded shares of Gladstone Land from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. Finally, Zacks Investment Research downgraded shares of Gladstone Land from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st.
Gladstone Land Company Profile
Gladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities.
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