3L4 Stock Overview
Founded in 1997, Gladstone Land 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Gladstone Land Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.26 |
| 52 Week High | US$13.97 |
| 52 Week Low | US$11.07 |
| Beta | 1.08 |
| 11 Month Change | -6.48% |
| 3 Month Change | -5.70% |
| 1 Year Change | -13.52% |
| 33 Year Change | -55.32% |
| 5 Year Change | n/a |
| Change since IPO | -14.05% |
Recent News & Updates
Recent updates
Shareholder Returns
| 3L4 | DE Specialized REITs | DE Market | |
|---|---|---|---|
| 7D | 1.4% | 0% | 0% |
| 1Y | -13.5% | 0% | 0% |
Return vs Industry: 3L4 underperformed the German Specialized REITs industry which returned 16.5% over the past year.
Return vs Market: 3L4 underperformed the German Market which returned 8.6% over the past year.
Price Volatility
| 3L4 volatility | |
|---|---|
| 3L4 Average Weekly Movement | 3.4% |
| Specialized REITs Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in DE Market | 0% |
| 10% least volatile stocks in DE Market | 0% |
Stable Share Price: 3L4 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 3L4's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | David Gladstone | www.gladstonefarms.com |
Founded in 1997, Gladstone Land 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. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually.
Gladstone Land Corporation Fundamentals Summary
| 3L4 fundamental statistics | |
|---|---|
| Market cap | €408.59m |
| Earnings (TTM) | -€8.79m |
| Revenue (TTM) | €83.72m |
4.9x
P/S Ratio-47.0x
P/E RatioIs 3L4 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3L4 income statement (TTM) | |
|---|---|
| Revenue | US$88.45m |
| Cost of Revenue | US$13.39m |
| Gross Profit | US$75.06m |
| Other Expenses | US$84.35m |
| Earnings | -US$9.29m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.26 |
| Gross Margin | 84.86% |
| Net Profit Margin | -10.50% |
| Debt/Equity Ratio | 85.4% |
How did 3L4 perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield192%
Payout RatioDoes 3L4 pay a reliable dividends?
See 3L4 dividend history and benchmarks| Gladstone Land dividend dates | |
|---|---|
| Ex Dividend Date | Nov 20 2024 |
| Dividend Pay Date | Nov 29 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 1 day |
Does 3L4 pay a reliable dividends?
See 3L4 dividend history and benchmarks