Announcement • Jul 15
Gladstone Land Corporation to Report Q2, 2026 Results on Aug 11, 2026 Gladstone Land Corporation announced that they will report Q2, 2026 results After-Market on Aug 11, 2026 Upcoming Dividend • Jun 16
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 23 June 2026. Payment date: 30 June 2026. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%). Announcement • Jun 03
Gladstone Land Corporation Announces Appointment of George Chip Stelljes, Iii as Director, Effective June 1, 2026 Gladstone Land Corporation announced that George Chip Stelljes, III had been elected to the 2028 class of directors for the Company, effective June 1, 2026. Mr. Stelljes had also been appointed to serve on the Company's Compensation Committee, Ethics, Nominating & Corporate Governance Committee, and Valuation Committee. In connection with Mr. Stelljes' appointment, the size of the Company's board of directors had been expanded from seven to eight directors. Mr. Stelljes was selected to serve as a director due to his more than twenty-five years of experience in the investment analysis, management, and advisory industries. Mr. Stelljes was currently the managing partner of St. John's Capital, LLC, a vehicle used to make private equity investments. From 2001 to 2013, Mr. Stelljes held various senior positions with the Gladstone Companies, including serving as the chief investment officer, president and a director of Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation, and Gladstone Management Corporation. Prior to his service at the Gladstone companies, for 23 years, Mr. Stelljes served in a variety of roles at multiple private equity and venture capital funds, including Patriot Capital, Camden Partners, and Columbia Capital as well as Allied Capital. Mr. Stelljes was currently the chairman of the board of directors of Equalize Community Development Fund, a closed-end investment company that operates as an interval fund and an independent director of Oxford Square Capital Corporation, a publicly-traded, closed-end management investment company. He was also a former board member and regional president of the National Association of Small Business Investment Companies. Mr. Stelljes held an MBA from the University of Virginia and a BA in Economics from Vanderbilt University. Declared Dividend • May 31
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 23rd June 2026 Payment date: 30th June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.8%. Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Katharine Gorka was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
Gladstone Land Corporation has filed a Follow-on Equity Offering in the amount of $500 million. Gladstone Land Corporation has filed a Follow-on Equity Offering in the amount of $500 million.
Security Name: Common Stock
Security Type: Common Stock
Security Features: Income Trust
Transaction Features: At the Market Offering Announcement • Apr 15
Gladstone Land Corporation to Report Q1, 2026 Results on May 11, 2026 Gladstone Land Corporation announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 11, 2026 Announcement • Mar 30
Gladstone Land Corporation, Annual General Meeting, May 14, 2026 Gladstone Land Corporation, Annual General Meeting, May 14, 2026. Announcement • Mar 23
Gladstone Land Corporation, Gladstone Capital Corporation, Gladstone Commercial Corporation, Gladstone Investment Corporation, and Gladstone Management Corporation Appoint John Sateri as Chief Investment Officer, Effective March 20, 2026 On March 20, 2026, the Board appointed John Sateri as the Chief Investment Officer (“CIO”) of Gladstone Land Corporation (the “Company”), effective immediately, and contemporaneously with his appointment as the Company’s CIO, Mr. Sateri was also appointed as the CIO of Gladstone Capital Corporation, Gladstone Commercial Corporation, Gladstone Investment Corporation, and Gladstone Management Corporation (the “Adviser”). Mr. Sateri, age 58, has been with the Gladstone Companies since April 2007. Since September 2021, Mr. Sateri has served as Executive Vice President of Investments of the Adviser, serving as a member of the Investment Committee supporting all Gladstone managed credit, equity, and real estate funds (including the Company, Gladstone Commercial Corporation, Gladstone Investment Corporation, and Gladstone Capital Corporation) as well as originating debt and equity investments in privately held companies. Mr. Sateri has also served as the President of the Gladstone Alternative Income Fund (“GALT”) since its inception in June 2024. Mr. Sateri is active on numerous private company boards and holds a bachelor’s degree in Business Administration from The University of Hawaii at Manoa and a master’s degree in Real Estate Development from the University of Maryland at College Park. Announcement • Jan 14
Gladstone Land Corporation to Report Q4, 2025 Results on Feb 24, 2026 Gladstone Land Corporation announced that they will report Q4, 2025 results After-Market on Feb 24, 2026 Announcement • Oct 15
Gladstone Land Corporation to Report Q3, 2025 Results on Nov 05, 2025 Gladstone Land Corporation announced that they will report Q3, 2025 results on Nov 05, 2025 Announcement • Jul 11
Gladstone Land Corporation to Report Q2, 2025 Results on Aug 07, 2025 Gladstone Land Corporation announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Announcement • Apr 09
Gladstone Land Corporation to Report Q1, 2025 Results on May 12, 2025 Gladstone Land Corporation announced that they will report Q1, 2025 results After-Market on May 12, 2025 Announcement • Mar 24
Gladstone Land Corporation, Annual General Meeting, May 08, 2025 Gladstone Land Corporation, Annual General Meeting, May 08, 2025. Announcement • Jan 15
Gladstone Land Corporation to Report Q4, 2024 Results on Feb 19, 2025 Gladstone Land Corporation announced that they will report Q4, 2024 results After-Market on Feb 19, 2025 Announcement • Dec 06
Gladstone Land Corporation Announces Resignation of Paul W. Adelgren from Board, Effective December 15, 2024 Gladstone Land Corporation announced that Paul W. Adelgren notified the company that he is resigning from the Company’s board of directors, effective December 15, 2024. Announcement • Nov 16
Gladstone Land Corporation Announces Executive Changes Gladstone Land Corporation announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Following Mr. Brubaker’s departure, Michael LiCalsi, the Company’s General Counsel and Secretary, who also serves as Gladstone Administration’s President, General Counsel and Secretary, will assume certain additional operational responsibilities while Gladstone Management will conduct a national search for a Chief Investment Officer to fill Mr. Brubaker’s investment committee responsibilities. Upcoming Dividend • Nov 16
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 20 November 2024. Payment date: 29 November 2024. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.8%). Reported Earnings • Nov 07
Third quarter 2024 earnings released: US$0.17 loss per share (vs US$0.083 loss in 3Q 2023) Third quarter 2024 results: US$0.17 loss per share (further deteriorated from US$0.083 loss in 3Q 2023). Revenue: US$22.6m (down 4.0% from 3Q 2023). Net loss: US$6.25m (loss widened 111% from 3Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Nov 07
Gladstone Land Corporation Announces Monthly Cash Distribution for October, November and December 2024 Gladstone Land Corporation announced that the monthly cash distributions of $0.0467 per share of common stock for each of October, November, and December 2024. The company has increased its common distributions 35 times over the prior 39 quarters, and the current per-share distribution on its common stock is $0.0467 per month, or $0.5604 per year. Declared Dividend • Nov 01
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 20th November 2024 Payment date: 29th November 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.8%. Declared Dividend • Oct 14
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 22nd October 2024 Payment date: 31st October 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%. Announcement • Oct 09
Gladstone Land Corporation to Report Q3, 2024 Results on Nov 06, 2024 Gladstone Land Corporation announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Upcoming Dividend • Sep 13
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 30 September 2024. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.5%). Declared Dividend • Aug 22
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 20th September 2024 Payment date: 30th September 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.8%. Upcoming Dividend • Aug 14
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 21 August 2024. Payment date: 30 August 2024. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.8%). Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.19 loss per share (vs US$0.048 profit in 2Q 2023) Second quarter 2024 results: US$0.19 loss per share (down from US$0.048 profit in 2Q 2023). Revenue: US$21.3m (flat on 2Q 2023). Net loss: US$6.65m (down 485% from profit in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 23
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 21st August 2024 Payment date: 30th August 2024 Dividend yield will be 3.9%, which is about the same as the industry average. Buy Or Sell Opportunity • Jul 22
Now 21% undervalued Over the last 90 days, the stock has risen 13% to €13.41. The fair value is estimated to be €17.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to decline by 673% in the next 2 years. Declared Dividend • Jul 15
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 22nd July 2024 Payment date: 31st July 2024 Dividend yield will be 3.9%, which is about the same as the industry average. Announcement • Jul 10
Gladstone Land Corporation to Report Q2, 2024 Results on Aug 08, 2024 Gladstone Land Corporation announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Upcoming Dividend • Jun 11
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 28 June 2024. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.1%). Declared Dividend • May 17
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 18th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%. Buy Or Sell Opportunity • May 14
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €12.07. The fair value is estimated to be €15.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to decline by 660% in the next 2 years. Upcoming Dividend • May 09
Upcoming dividend of US$0.047 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.3%). New Risk • May 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (205% payout ratio). Large one-off items impacting financial results. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.21 (vs US$0.12 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.21 (up from US$0.12 loss in 1Q 2023). Revenue: US$20.3m (down 4.4% from 1Q 2023). Net income: US$7.45m (up US$11.8m from 1Q 2023). Profit margin: 37% (up from net loss in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 19
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.8%. Declared Dividend • Apr 15
Dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 18th April 2024 Payment date: 30th April 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.8%. Announcement • Apr 10
Gladstone Land Corporation to Report Q1, 2024 Results on May 07, 2024 Gladstone Land Corporation announced that they will report Q1, 2024 results After-Market on May 07, 2024 Buy Or Sell Opportunity • Apr 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.4% to €11.83. The fair value is estimated to be €14.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 6.2%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are forecast to decline by 0.09% per annum over the same time period. Announcement • Mar 28
Gladstone Land Corporation, Annual General Meeting, May 09, 2024 Gladstone Land Corporation, Annual General Meeting, May 09, 2024, at 11:00 Eastern Daylight. Agenda: To elect two directors to hold office for terms that will expire at the 2027 Annual Meeting of Stockholders and when their respective successors are duly elected and qualified; to ratify the Audit Committee's selection of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2024; and to consider other business issues. Upcoming Dividend • Mar 13
Upcoming dividend of US$0.046 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 29 March 2024. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.8%). Reported Earnings • Feb 21
Full year 2023 earnings released: US$0.28 loss per share (vs US$0.43 loss in FY 2022) Full year 2023 results: US$0.28 loss per share (improved from US$0.43 loss in FY 2022). Revenue: US$90.4m (up 1.4% from FY 2022). Net loss: US$9.85m (loss narrowed 34% from FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Declared Dividend • Feb 21
Dividend of US$0.046 announced Shareholders will receive a dividend of US$0.046. Ex-date: 20th March 2024 Payment date: 29th March 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%. Upcoming Dividend • Feb 13
Upcoming dividend of US$0.046 per share at 4.0% yield Eligible shareholders must have bought the stock before 20 February 2024. Payment date: 29 February 2024. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.0%). Announcement • Jan 10
Gladstone Land Corporation to Report Q4, 2023 Results on Feb 20, 2024 Gladstone Land Corporation announced that they will report Q4, 2023 results After-Market on Feb 20, 2024 Upcoming Dividend • Dec 08
Upcoming dividend of US$0.046 per share at 3.9% yield Eligible shareholders must have bought the stock before 15 December 2023. Payment date: 29 December 2023. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.1%). Upcoming Dividend • Nov 10
Upcoming dividend of US$0.046 per share at 4.1% yield Eligible shareholders must have bought the stock before 17 November 2023. Payment date: 30 November 2023. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.5%). Reported Earnings • Nov 08
Third quarter 2023 earnings released: US$0.083 loss per share (vs US$0.10 loss in 3Q 2022) Third quarter 2023 results: US$0.083 loss per share (improved from US$0.10 loss in 3Q 2022). Revenue: US$23.5m (down 2.7% from 3Q 2022). Net loss: US$2.96m (loss narrowed 18% from 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Oct 11
Gladstone Land Corporation to Report Q3, 2023 Results on Nov 07, 2023 Gladstone Land Corporation announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Upcoming Dividend • Sep 14
Upcoming dividend of US$0.046 per share at 3.6% yield Eligible shareholders must have bought the stock before 20 September 2023. Payment date: 29 September 2023. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.1%). Upcoming Dividend • Aug 15
Upcoming dividend of US$0.046 per share at 3.4% yield Eligible shareholders must have bought the stock before 22 August 2023. Payment date: 31 August 2023. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (185% payout ratio). Currently unprofitable and not forecast to become profitable over next 2 years (US$11m net loss in 2 years). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: US$0.048 (vs US$0.11 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.048 (up from US$0.11 loss in 2Q 2022). Revenue: US$21.2m (up 4.5% from 2Q 2022). Net income: US$1.73m (up US$5.60m from 2Q 2022). Profit margin: 8.1% (up from net loss in 2Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Global Specialized REITs industry. Announcement • Jul 12
Gladstone Land Corporation to Report Q2, 2023 Results on Aug 07, 2023 Gladstone Land Corporation announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Announcement • Jun 25
Gladstone Land Corporation(NasdaqGM:LAND) dropped from Russell 2000 Growth-Defensive Index Gladstone Land Corporation(NasdaqGM:LAND) dropped from Russell 2000 Growth-Defensive Index Upcoming Dividend • Jun 13
Upcoming dividend of US$0.046 per share at 3.2% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 30 June 2023. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Upcoming Dividend • May 15
Upcoming dividend of US$0.046 per share at 3.5% yield Eligible shareholders must have bought the stock before 22 May 2023. Payment date: 31 May 2023. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%). Reported Earnings • May 09
First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.08 loss in 1Q 2022) First quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.08 loss in 1Q 2022). Revenue: US$21.2m (up 6.5% from 1Q 2022). Net loss: US$4.32m (loss widened 58% from 1Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Global Specialized REITs industry. Board Change • Mar 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 7 highly experienced directors. Director Paula Novara was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 09
Upcoming dividend of US$0.046 per share at 3.1% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%). Reported Earnings • Feb 23
Full year 2022 earnings released: US$0.43 loss per share (vs US$0.29 loss in FY 2021) Full year 2022 results: US$0.43 loss per share (further deteriorated from US$0.29 loss in FY 2021). Revenue: US$89.2m (up 19% from FY 2021). Net loss: US$15.0m (loss widened 71% from FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Upcoming Dividend • Feb 09
Upcoming dividend of US$0.046 per share at 2.9% yield Eligible shareholders must have bought the stock before 16 February 2023. Payment date: 28 February 2023. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.8%). Announcement • Jan 11
Gladstone Land Corporation to Report Q4, 2022 Results on Feb 21, 2023 Gladstone Land Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 21, 2023 Upcoming Dividend • Dec 12
Upcoming dividend of US$0.046 per share Eligible shareholders must have bought the stock before 19 December 2022. Payment date: 30 December 2022. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.5%). Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 7 highly experienced directors. Director Paula Novara was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.046 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 30 November 2022. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.5%). Upcoming Dividend • Sep 14
Upcoming dividend of US$0.046 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 30 September 2022. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%). Upcoming Dividend • Aug 15
Upcoming dividend of US$0.046 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 31 August 2022. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.6%). Reported Earnings • Aug 11
Second quarter 2022 earnings released: FFO per share: US$0.1 (vs US$0.15 in 2Q 2021) Second quarter 2022 results: FFO per share: US$0.1. Revenue: US$20.3m (up 20% from 2Q 2021). Funds from operations (FFO): US$4.82m (up 25% from 2Q 2021). FFO margin: 24% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 15% compared to a 1.2% decline forecast for the industry in Germany. Buying Opportunity • Aug 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be €32.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 28% in the next 2 years. Upcoming Dividend • Jun 14
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 21 June 2022. Payment date: 30 June 2022. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.7%). Buying Opportunity • May 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.8%. The fair value is estimated to be €32.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 52% in the next 2 years. Upcoming Dividend • May 12
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 31 May 2022. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.4%). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Walter Wilkinson was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 15
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 31 March 2022. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (1.6%). Breakeven Date Change • Mar 01
No longer forecast to breakeven The 6 analysts covering Gladstone Land no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.34m in 2024. New consensus forecast suggests the company will make a loss of US$5.44m in 2024. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$0.29 loss per share (down from US$0.20 loss in FY 2020). Revenue: US$75.3m (up 32% from FY 2020). Net loss: US$8.76m (loss widened 99% from FY 2020). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 24% while thereits industry in Germany is not expected to grow. Upcoming Dividend • Feb 10
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 17 February 2022. Payment date: 28 February 2022. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.0%). Buying Opportunity • Feb 05
Now 22% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be US$34.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% per annum over the last 3 years. The company became loss making over the last 3 years. Buying Opportunity • Jan 21
Now 21% undervalued Over the last 90 days, the stock is up 38%. The fair value is estimated to be US$34.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% per annum over the last 3 years. The company became loss making over the last 3 years. Upcoming Dividend • Dec 15
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 22 December 2021. Payment date: 31 December 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (2.8%). Upcoming Dividend • Nov 11
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 30 November 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.8%). Reported Earnings • Nov 11
Third quarter 2021 earnings released: FFO US$0.19 per share (vs US$0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$19.6m (up 40% from 3Q 2020). Funds from operations (FFO): US$5.32m (up 62% from 3Q 2020). FFO margin: 27% (up from 24% in 3Q 2020). Upcoming Dividend • Sep 14
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 21 September 2021. Payment date: 30 September 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.3%). Upcoming Dividend • Aug 13
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 20 August 2021. Payment date: 31 August 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.1%). Reported Earnings • Aug 12
Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.097 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$16.9m (up 34% from 2Q 2020). Net loss: US$3.47m (loss widened 67% from 2Q 2020). Upcoming Dividend • Jun 10
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 30 June 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.4%). Reported Earnings • May 14
First quarter 2021 earnings released: FFO US$0.20 per share (vs US$0.26 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$16.0m (up 4.6% from 1Q 2020). Funds from operations (FFO): US$4.65m (down 13% from 1Q 2020). FFO margin: 29% (down from 35% in 1Q 2020). Upcoming Dividend • May 11
Upcoming dividend of US$0.045 per share Eligible shareholders must have bought the stock before 18 May 2021. Payment date: 28 May 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%).