LAND Gladstone Land Corporation - Common Stock

NASDAQ · Real Estate · View on SEC EDGAR ↗
$9.47
Price · May 20, 2026
Fundamentals as of Apr 7, 2026

LAND Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$9.47
Market Cap
$348M
P/E (TTM)
-31.6
EPS (TTM)
$-0.29
Revenue (TTM)
$88M
Div Yield
5.9%
ROE
2.0%
Debt/Equity
52W Range
$8 – $13

LAND Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $88M
9-point trend, +251.6%
2017-12-31 2025-12-31
EPS $-0.29
6-point trend, -45.0%
2020-12-31 2025-12-31
Free Cash Flow
Margins 15.3%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
LAND
Peer Median
P/E (TTM)
5-point trend, +72.9%
-31.6
20.2
P/S (TTM)
5-point trend, -74.3%
3.9
5.5
P/B
5-point trend, -73.6%
0.5
1.2

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
LAND
Peer Median
Net Profit Margin
5-point trend, +230.0%
15.3%
34.0%
ROA
5-point trend, +265.5%
1.1%
2.8%
ROE
5-point trend, +180.6%
2.0%
7.1%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
LAND
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
LAND
Peer Median
Revenue YoY
5-point trend, +17.3%
3.7%
Revenue CAGR 3Y
5-point trend, +17.3%
-0.34%
Revenue CAGR 5Y
5-point trend, +17.3%
9.2%
Net Income YoY
5-point trend, +287.1%
1.8%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
LAND
Peer Median
EPS (Diluted)
5-point trend, +0.0%
$-0.29

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
LAND
Peer Median
Payout Ratio
5-point trend, -67.9%
151.3%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
5.9%
Payout Ratio
151.3%
5Y Div CAGR
Ex-dateAmount
April 24, 2026$0.0470
March 23, 2026$0.0470
Feb. 18, 2026$0.0470
Jan. 23, 2026$0.0470
Dec. 22, 2025$0.0470
Nov. 17, 2025$0.0470
Oct. 24, 2025$0.0470
Sept. 22, 2025$0.0470
Aug. 20, 2025$0.0470
July 21, 2025$0.0470
June 20, 2025$0.0470
May 21, 2025$0.0470
April 21, 2025$0.0470
March 19, 2025$0.0470
Feb. 19, 2025$0.0470
Jan. 24, 2025$0.0470
Dec. 20, 2024$0.0470
Nov. 20, 2024$0.0470
Oct. 22, 2024$0.0470
Sept. 20, 2024$0.0470

LAND Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 11 analysts
  • Strong Buy 0 0.0%
  • Buy 0 0.0%
  • Hold 8 72.7%
  • Sell 1 9.1%
  • Strong Sell 2 18.2%

12-Month Price Target

5 analysts · 2026-05-15
Median target $11.50 +21.4%
Mean target $11.40 +20.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.01%
Period EPS Actual EPS Est Surprise
March 31, 2026 $-0.22 $-0.23 0.01%
Dec. 31, 2025 $-0.05 $0.23 -0.28%
Sept. 30, 2025 $-0.11 $-0.27 0.16%
June 30, 2025 $-0.38 $-0.22 -0.16%
March 31, 2025 $0.25 $-0.07 0.32%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
LAND $348M -31.6 3.7% 15.3% 2.0%
EPR 15.2 2.9% 38.3% 11.8%
MRP 12.2 63.3% 6.5%
FCPT $2.49B 21.2 9.7% 38.2% 7.2%
SAFE $982M 8.6 5.4% 29.7% 4.8%
FPI $418M 15.9 -10.4% 60.5% 6.7%
IRM $24.54B 169.3 12.2% 2.2% -20.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 13
Annual Income Statement data for LAND
Metric Trend 202520242023202220212020201920182017
Revenue 9-point trend, +251.6% $88M $85M $90M $89M $75M $57M $41M $37M $25M
Cost of Revenue 3-point trend, +9588000.00 $10M $0 $0 · · · · · ·
SG&A Expense 9-point trend, +46.7% $2M $3M $3M $3M $2M $2M $2M $2M $2M
Operating Expenses 9-point trend, +396.6% $68M $56M $57M $55M $44M $29M $21M $25M $14M
Operating Income · · · · · · · · $11M
Interest Expense 7-point trend, +142.4% · · $24M $26M $25M $21M $16M $12M $10M
Other Non-op 9-point trend, +42.7% $-7M $-16M $-19M $-29M $-28M $-23M $-18M $-9M $-11M
Net Income 9-point trend, +43741.9% $14M $13M $15M $5M $3M $5M $2M $3M $-31.0K
EPS (Basic) 6-point trend, -45.0% $-0.29 $-0.29 $-0.28 $-0.43 $-0.29 $-0.20 · · ·
EPS (Diluted) 6-point trend, -45.0% $-0.29 $-0.29 $-0.28 $-0.43 $-0.29 $-0.20 · · ·
Shares (Basic) 6-point trend, +64.0% 36,506,720 35,909,956 35,733,742 34,563,460 30,357,268 22,258,121 · · ·
Shares (Diluted) 6-point trend, +64.0% 36,506,720 35,909,956 35,733,742 34,563,460 30,357,268 22,258,121 · · ·
EBITDA 9-point trend, +85.6% $35M $35M $37M $35M $27M $17M $13M $9M $19M
Balance Sheet 10
Annual Balance Sheet data for LAND
Metric Trend 202520242023202220212020201920182017
Cash & Equivalents 9-point trend, +825.0% $27M $18M $19M $61M $17M $9M $14M $15M $3M
Intangibles 9-point trend, -43.0% $3M $4M $5M $6M $4M $4M $5M $6M $5M
Total Assets 9-point trend, +168.1% $1.24B $1.31B $1.39B $1.46B $1.35B $1.07B $817M $565M $462M
Total Liabilities 9-point trend, +65.2% $569M $625M $668M $726M $762M $683M $538M $384M $344M
Long-term Debt 9-point trend, +57.4% $474M $528M $574M $626M $668M $624M $482M $336M $301M
Common Stock 9-point trend, +171.4% $38.0K $36.0K $36.0K $35.0K $34.0K $26.0K $21.0K $18.0K $14.0K
AOCI 7-point trend, +1355.4% $5M $8M $7M $9M $-1M $-2M $-390.0K · ·
Stockholders' Equity 9-point trend, +509.8% $670M $687M $720M $731M $587M $384M $277M $176M $110M
Liabilities + Equity 9-point trend, +168.1% $1.24B $1.31B $1.39B $1.46B $1.35B $1.07B $817M $565M $462M
Shares Outstanding 9-point trend, +175.6% 38,014,918 36,184,658 35,838,442 35,050,397 34,210,013 26,219,019 20,936,658 17,891,340 13,791,574
Cash Flow 8
Annual Cash Flow data for LAND
Metric Trend 202520242023202220212020201920182017
D&A 9-point trend, +377.4% $35M $35M $37M $35M $27M $17M $13M $9M $7M
Amort. of Intangibles 7-point trend, -10.2% · · $988.0K $1M $1M $2M $2M $1M $1M
Other Non-cash 9-point trend, -5845.7% $-41M $-19M $-12M $4M $2M $3M $7M $-2M $-691.0K
Operating Cash Flow 9-point trend, +7.3% $7M $30M $40M $44M $32M $25M $21M $10M $7M
Investing Cash Flow 9-point trend, +164.8% $84M $63M $-4M $-85M $-295M $-273M $-263M $-94M $-130M
Dividends Paid 9-point trend, +221.3% $20M $20M $20M $19M $16M $12M $10M $8M $6M
Financing Cash Flow 9-point trend, -166.5% $-82M $-93M $-79M $86M $270M $243M $240M $95M $124M
Net Change in Cash 9-point trend, +1680.4% $9M $-296.0K $-43M $44M $7M $-4M $-1M $12M $500.0K
Profitability 4
Annual Profitability data for LAND
Metric Trend 202520242023202220212020201920182017
Net Margin 8-point trend, +113.5% 15.3% 15.6% 16.1% 5.3% 4.6% 8.6% 4.3% 7.2% ·
EBITDA Margin 8-point trend, +53.1% 39.1% 41.1% 41.1% 39.6% 36.1% 29.2% 31.4% 25.6% ·
ROA 8-point trend, +10700.0% 1.1% 0.98% 1.0% 0.34% 0.29% 0.52% 0.25% · -0.01%
ROE 8-point trend, +6833.3% 2.0% 1.9% 2.0% 0.71% 0.72% 1.5% 0.77% · -0.03%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for LAND
Metric Trend 202520242023202220212020201920182017
Interest Coverage · · · · · · · · 1.2
Efficiency 1
Annual Efficiency data for LAND
Metric Trend 202520242023202220212020201920182017
Asset Turnover 7-point trend, +17.5% 0.1 0.1 0.1 0.1 0.1 0.1 0.1 · ·
Per Share 7
Annual Per Share data for LAND
Metric Trend 202520242023202220212020201920182017
Book Value / Share 8-point trend, +121.2% $17.63 $18.99 $20.08 $20.87 $17.15 $14.64 $13.21 · $7.97
Revenue / Share 5-point trend, -2.5% $2.42 $2.37 $2.53 $2.58 $2.48 · · · ·
Cash Flow / Share 5-point trend, -82.0% $0.19 $0.82 $1.12 $1.27 $1.07 · · · ·
Cash / Share 8-point trend, +235.6% $0.71 $0.51 $0.52 $1.74 $0.49 $0.35 $0.65 · $0.21
Dividend / Share 2-point trend, +1.5% · · · · · · · $1 $1
Dividend Paid / Share 9-point trend, +7.0% $1 $1 $1 $1 $1 $1 $1 $1 $1
EPS (TTM) 6-point trend, -45.0% $-0.29 $-0.29 $-0.28 $-0.43 $-0.29 $-0.20 · · ·
Growth Rates 7
Annual Growth Rates data for LAND
Metric Trend 202520242023202220212020201920182017
Revenue YoY 5-point trend, -88.6% 3.7% -5.7% 1.3% 18.5% 32.1% · · · ·
Revenue CAGR 3Y 3-point trend, -102.0% -0.34% 4.2% 16.6% · · · · · ·
Revenue CAGR 5Y 9.2% · · · · · · · ·
Net Income YoY 5-point trend, +106.2% 1.8% -8.8% 209.4% 34.7% -29.0% · · · ·
Net Income CAGR 3Y 3-point trend, -3.1% 42.2% 56.1% 43.5% · · · · · ·
Net Income CAGR 5Y 22.4% · · · · · · · ·
Dividend CAGR 5Y 11.2% · · · · · · · ·
Valuation (TTM) 12
Annual Valuation (TTM) data for LAND
Metric Trend 202520242023202220212020201920182017
Revenue TTM 9-point trend, +251.6% $88M $85M $90M $89M $75M $57M $41M $37M $25M
Net Income TTM 9-point trend, +43741.9% $14M $13M $15M $5M $3M $5M $2M $3M $-31.0K
Market Cap 8-point trend, +87.8% $348M $393M $518M $643M $1.15B $384M $272M · $185M
P/E 6-point trend, +56.9% -31.6 -37.4 -51.6 -42.7 -116.4 -73.2 · · ·
P/S 8-point trend, -46.6% 3.9 4.6 5.7 7.2 15.3 6.7 6.7 · 7.4
P/B 8-point trend, -69.2% 0.5 0.6 0.7 0.9 2.0 1.0 1.0 · 1.7
P / Tangible Book 6-point trend, -48.4% 0.5 0.6 0.7 0.9 2.0 1.0 · · ·
P / Cash Flow 8-point trend, +75.0% 49.7 13.3 12.9 14.7 35.7 15.4 12.7 · 28.4
Dividend Yield 8-point trend, +70.9% 5.9% 5.1% 3.8% 2.9% 1.4% 3.1% 3.9% · 3.4%
Earnings Yield 6-point trend, -131.4% -3.2% -2.7% -1.9% -2.3% -0.86% -1.4% · · ·
Payout Ratio 9-point trend, +100.7% 151.3% 151.2% 135.9% 401.3% 471.8% 244.3% 600.8% 314.7% -20645.2%
Annual Payout 9-point trend, +221.3% $20M $20M $20M $19M $16M $12M $10M $8M $6M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $88M$85M$90M$89M$75M
Net Income $14M$13M$15M$5M$3M
Diluted EPS $-0.29$-0.29$-0.28$-0.43$-0.29

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