LAND
Gladstone Land Corp (LAND)
Real Estate • NASDAQ • $9.73-0.21%
- Symbol
- LAND
- Exchange
- NASDAQ
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Price
- $9.73
- Daily Change
- -0.21%
- Market Cap
- $416.80M
- Trailing P/E
- N/A
- Forward P/E
- -23.17
- 52W High
- $13.00
- 52W Low
- $8.47
- Analyst Target
- $12.10
- Dividend Yield
- +5.76%
- Beta
- 1.06
Gladstone Land Corporation is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. The Company currently owns 150 farms, comprised of approximately 103,000 acres in 15 different states and over 55,000 acre-feet of water assets in California. Gladstone Land farms are predominantly located in regions where its tenants can grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus year and harvested annually. Over 30% of its fresh produce acreage is either organic …
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