GLADSTONE LAND REIT CORP (LAND)
Real Estate · Agricultural Real Estate / Farmland REIT · NASDAQ
A REIT that owns and leases 144 farms across the U.S. and California water assets, generating income through fixed and participation-based rent structures.
What GLADSTONE LAND REIT CORP does
Gladstone Land is an externally-managed agricultural REIT that owns and leases farmland and farm-related properties across 14 U.S. states, along with water assets in California. The company owns 144 farms totaling 98,688 acres, primarily leased to independent and corporate farming operations under fixed or variable rent structures based on gross farm revenues. The company does not directly operate most farms but may temporarily manage certain properties through taxable REIT subsidiaries or management agreements; it also owns cooling facilities, packinghouses, and storage facilities supporting agricultural operations.
Themes: ["Agricultural real estate investment"]
Fundamentals
- Price$8.56 as of 2026-07-09 close
- Market cap$370M as of 2026-07-10
- 1-year return-18.2% as of 2026-07-09 close
- P/E27.36 as of 2026-07-10
- Net margin-6.7% as of 2026-07-10
- Gross margin+71.7% as of 2026-07-10
- ROE-0.9% as of 2026-07-10
- Debt / equity0.70 as of 2026-07-10
- Revenue growth (YoY)+7.7% as of 2026-07-10
- Revenue CAGR (3y)-0.3% SEC XBRL
- Beta1.07 as of 2026-07-10
Dividend: yield +6.6%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commodity and agricultural price volatility affects tenant revenues and company's participation rent income, potentially impacting distributions to stockholders."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.