Gladstone Land Overview
- Year Founded
-
1997
- Status
-
Public
- Employees
-
9
- Stock Symbol
-
LAND
- Investments
-
1
- Share Price
-
$13.57
- (As of Wednesday Closing)
Gladstone Land General Information
Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
Contact Information
Website
gladstonefarms.comCorporate Office
- 1521 Westbranch Drive
- Suite 100
- McLean, VA 22102
- United States
Corporate Office
- 1521 Westbranch Drive
- Suite 100
- McLean, VA 22102
- United States
Gladstone Land Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $13.57 | $13.61 | $12.31 - $15.36 | $486M | 35.8M | 166K | -$0.18 |
Gladstone Land Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 1,050,864 | 1,136,415 | 1,298,578 | 1,795,236 |
| Revenue | 89,535 | 90,398 | 89,236 | 75,318 |
| EBITDA | 77,172 | 75,483 | 65,910 | 55,702 |
| Net Income | 17,704 | 14,565 | 4,708 | 3,495 |
| Total Assets | 1,352,553 | 1,387,324 | 1,457,251 | 1,351,550 |
| Total Debt | 549,392 | 574,111 | 626,500 | 667,982 |
Gladstone Land Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Gladstone Land Comparisons
Industry
Financing
Details
Gladstone Land Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Farmland Partners | Corporation | Denver, CO | ||||
| Iroquois Valley | Venture Capital-Backed | Evanston, IL | ||||
| PGIM Real Estate | Corporate Backed or Acquired | Atlanta, GA | ||||
| Property and Building | Corporate Backed or Acquired | Tel Aviv, Israel | ||||
| UBS Group | Corporation | Zurich, Switzerland |
Gladstone Land Executive Team (6)
| Name | Title | Board Seat |
|---|---|---|
| Lewis Parrish | Assistant Treasurer & Chief Financial Officer, Finance | |
| Bill Reiman | Executive Vice President Of West Coast Operations | |
| David Gladstone | Chief Executive Officer & Chairman | |
| Terry Brubaker | Chief Operating Officer, Operations & Board Member & Vice Chairman & Chief Operating Officer of the Adviser, the Administrator and the Affiliated Public Funds | |
| Catherine Gerkis | Director of Investor Relations & ESG |
Gladstone Land Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Chief Executive Officer & Chairman | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
Gladstone Land Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Gladstone Land Investments (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Two Farms Florida | 29-Jun-2015 | Buildings and Property |
Gladstone Land ESG
Risk Overview
Risk Rating
Updated December, 01, 2023
21.07 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Real Estate
Industry
of 1,030
Rank
Percentile
REITs
Subindustry
of 427
Rank
Percentile
Gladstone Land FAQs
-
When was Gladstone Land founded?
Gladstone Land was founded in 1997.
-
Who is the founder of Gladstone Land?
David Gladstone is the founder of Gladstone Land.
-
Who is the CEO of Gladstone Land?
David Gladstone is the CEO of Gladstone Land.
-
Where is Gladstone Land headquartered?
Gladstone Land is headquartered in McLean, VA.
-
What is the size of Gladstone Land?
Gladstone Land has 9 total employees.
-
What industry is Gladstone Land in?
Gladstone Land’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Gladstone Land a private or public company?
Gladstone Land is a Public company.
-
What is Gladstone Land’s stock symbol?
The ticker symbol for Gladstone Land is LAND.
-
What is the current stock price of Gladstone Land?
As of 09-Oct-2024 the stock price of Gladstone Land is $13.57.
-
What is the current market cap of Gladstone Land?
The current market capitalization of Gladstone Land is $486M.
-
What is Gladstone Land’s current revenue?
The trailing twelve month revenue for Gladstone Land is $89.5M.
-
Who are Gladstone Land’s competitors?
Farmland Partners, Iroquois Valley, PGIM Real Estate, Property and Building, and UBS Group are competitors of Gladstone Land.
-
What is Gladstone Land’s annual earnings per share (EPS)?
Gladstone Land’s EPS for 12 months was -$0.18.
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