GLADSTONE LAND CORP (LAND) Stock Fundamental Analysis

NASDAQ:LAND • US3765491010

11.4 USD
+0.09 (+0.8%)
Last: Feb 24, 2026, 02:56 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

LAND gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 28 industry peers in the Specialized REITs industry. Both the profitability and financial health of LAND have multiple concerns. LAND does not seem to be growing, but still is valued expensively. Finally LAND also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • LAND had negative earnings in the past year.
  • In the past year LAND had a positive cash flow from operations.
  • In the past 5 years LAND always reported negative net income.
  • LAND had a positive operating cash flow in each of the past 5 years.
LAND Yearly Net Income VS EBIT VS OCF VS FCFLAND Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M

1.2 Ratios

  • LAND has a worse Return On Assets (-1.15%) than 75.00% of its industry peers.
  • LAND has a worse Return On Equity (-2.14%) than 64.29% of its industry peers.
  • LAND's Return On Invested Capital of 1.01% is on the low side compared to the rest of the industry. LAND is outperformed by 75.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for LAND is below the industry average of 4.75%.
Industry RankSector Rank
ROA -1.15%
ROE -2.14%
ROIC 1.01%
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
LAND Yearly ROA, ROE, ROICLAND Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1 -1 2 -2

1.3 Margins

  • LAND has a Operating Margin (22.88%) which is comparable to the rest of the industry.
  • LAND's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 79.97%, LAND belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
  • LAND's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 22.88%
PM (TTM) N/A
GM 79.97%
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
LAND Yearly Profit, Operating, Gross MarginsLAND Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LAND is destroying value.
  • The number of shares outstanding for LAND has been increased compared to 1 year ago.
  • LAND has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for LAND has been reduced compared to a year ago.
LAND Yearly Shares OutstandingLAND Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
LAND Yearly Total Debt VS Total AssetsLAND Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

2.2 Solvency

  • Based on the Altman-Z score of 0.32, we must say that LAND is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of LAND (0.32) is worse than 71.43% of its industry peers.
  • LAND has a debt to FCF ratio of 819.08. This is a negative value and a sign of low solvency as LAND would need 819.08 years to pay back of all of its debts.
  • LAND has a worse Debt to FCF ratio (819.08) than 60.71% of its industry peers.
  • A Debt/Equity ratio of 0.82 indicates that LAND is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.82, LAND is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 819.08
Altman-Z 0.32
ROIC/WACC0.15
WACC6.98%
LAND Yearly LT Debt VS Equity VS FCFLAND Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 0.89 indicates that LAND may have some problems paying its short term obligations.
  • LAND's Current ratio of 0.89 is fine compared to the rest of the industry. LAND outperforms 71.43% of its industry peers.
  • A Quick Ratio of 0.89 indicates that LAND may have some problems paying its short term obligations.
  • LAND's Quick ratio of 0.89 is fine compared to the rest of the industry. LAND outperforms 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.89
Quick Ratio 0.89
LAND Yearly Current Assets VS Current LiabilitesLAND Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. Growth

3.1 Past

  • The earnings per share for LAND have decreased strongly by -52.16% in the last year.
  • LAND shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -23.25%.
  • Measured over the past years, LAND shows a quite strong growth in Revenue. The Revenue has been growing by 15.93% on average per year.
EPS 1Y (TTM)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%

3.2 Future

  • Based on estimates for the next years, LAND will show a very negative growth in Earnings Per Share. The EPS will decrease by -13.64% on average per year.
  • LAND is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.07% yearly.
EPS Next Y94.63%
EPS Next 2Y-15.07%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue Next Year-5.35%
Revenue Next 2Y-0.6%
Revenue Next 3Y0.17%
Revenue Next 5Y-0.07%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
LAND Yearly Revenue VS EstimatesLAND Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20M 40M 60M 80M 100M
LAND Yearly EPS VS EstimatesLAND Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 -0.4

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Find the best growth stocksShow best growing peers

0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for LAND. In the last year negative earnings were reported.
  • Also next year LAND is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
LAND Price Earnings VS Forward Price EarningsLAND Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as LAND.
  • 60.71% of the companies in the same industry are cheaper than LAND, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 643.76
EV/EBITDA 19.25
LAND Per share dataLAND EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • A cheap valuation may be justified as LAND's earnings are expected to decrease with -13.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.07%
EPS Next 3Y-13.64%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.10%, LAND is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 5.42, LAND pays a bit more dividend than its industry peers.
  • LAND's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 5.1%

5.2 History

  • The dividend of LAND is nicely growing with an annual growth rate of 11.11%!
  • LAND has paid a dividend for at least 10 years, which is a reliable track record.
  • LAND has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.11%
Div Incr Years10
Div Non Decr Years10
LAND Yearly Dividends per shareLAND Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • LAND has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-312.9%
EPS Next 2Y-15.07%
EPS Next 3Y-13.64%
LAND Yearly Income VS Free CF VS DividendLAND Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M

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Find the best dividend stocksShow peers with best dividend

GLADSTONE LAND CORP

NASDAQ:LAND (2/24/2026, 2:56:00 PM)

11.4

+0.09 (+0.8%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-05
Earnings (Next)02-24
Inst Owners45.48%
Inst Owner Change-4.33%
Ins Owners6.77%
Ins Owner Change0%
Market Cap424.88M
Revenue(TTM)67.98M
Net Income(TTM)-14.15M
Analysts50.91
Price Target11.12 (-2.46%)
Short Float %5.16%
Short Ratio2.61
Dividend
Industry RankSector Rank
Dividend Yield 5.1%
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-312.9%
Div Incr Years10
Div Non Decr Years10
Ex-Date03-23
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.99%
Min EPS beat(2)-71.29%
Max EPS beat(2)59.3%
EPS beat(4)2
Avg EPS beat(4)111.39%
Min EPS beat(4)-71.29%
Max EPS beat(4)480.09%
EPS beat(8)3
Avg EPS beat(8)70.23%
EPS beat(12)5
Avg EPS beat(12)48.01%
EPS beat(16)6
Avg EPS beat(16)29.03%
Revenue beat(2)1
Avg Revenue beat(2)-3.62%
Min Revenue beat(2)-22.85%
Max Revenue beat(2)15.61%
Revenue beat(4)3
Avg Revenue beat(4)-1.52%
Min Revenue beat(4)-22.85%
Max Revenue beat(4)15.61%
Revenue beat(8)5
Avg Revenue beat(8)-1.49%
Revenue beat(12)6
Avg Revenue beat(12)-1.34%
Revenue beat(16)8
Avg Revenue beat(16)-0.47%
PT rev (1m)0.62%
PT rev (3m)1.4%
EPS NQ rev (1m)20.53%
EPS NQ rev (3m)419.27%
EPS NY rev (1m)71.87%
EPS NY rev (3m)95.89%
Revenue NQ rev (1m)2%
Revenue NQ rev (3m)6.94%
Revenue NY rev (1m)0.83%
Revenue NY rev (3m)12.31%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 6.25
P/FCF 643.76
P/OCF 53.36
P/B 0.64
P/tB 0.65
EV/EBITDA 19.25
EPS(TTM)-0.39
EYN/A
EPS(NY)-0.38
Fwd EYN/A
FCF(TTM)0.02
FCFY0.16%
OCF(TTM)0.21
OCFY1.87%
SpS1.82
BVpS17.76
TBVpS17.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.15%
ROE -2.14%
ROCE 1.28%
ROIC 1.01%
ROICexc 1.02%
ROICexgc 1.06%
OM 22.88%
PM (TTM) N/A
GM 79.97%
FCFM 0.97%
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
ROICexc(3y)1.98%
ROICexc(5y)1.98%
ROICexgc(3y)2.09%
ROICexgc(5y)2.07%
ROCE(3y)2.44%
ROCE(5y)2.47%
ROICexgc growth 3Y1.97%
ROICexgc growth 5Y1.31%
ROICexc growth 3Y0.88%
ROICexc growth 5Y0.2%
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
F-Score4
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 819.08
Debt/EBITDA 10.94
Cap/Depr 21.57%
Cap/Sales 10.74%
Interest Coverage 250
Cash Conversion 16.12%
Profit Quality N/A
Current Ratio 0.89
Quick Ratio 0.89
Altman-Z 0.32
F-Score4
WACC6.98%
ROIC/WACC0.15
Cap/Depr(3y)93.88%
Cap/Depr(5y)598.97%
Cap/Sales(3y)37.45%
Cap/Sales(5y)195.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
EPS Next Y94.63%
EPS Next 2Y-15.07%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
Revenue Next Year-5.35%
Revenue Next 2Y-0.6%
Revenue Next 3Y0.17%
Revenue Next 5Y-0.07%
EBIT growth 1Y-52.78%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year100.14%
EBIT Next 3Y31.82%
EBIT Next 5YN/A
FCF growth 1Y-97.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-81.65%
OCF growth 3Y-3%
OCF growth 5Y6.7%

GLADSTONE LAND CORP / LAND FAQ

What is the fundamental rating for LAND stock?

ChartMill assigns a fundamental rating of 2 / 10 to LAND.


What is the valuation status for LAND stock?

ChartMill assigns a valuation rating of 0 / 10 to GLADSTONE LAND CORP (LAND). This can be considered as Overvalued.


What is the profitability of LAND stock?

GLADSTONE LAND CORP (LAND) has a profitability rating of 2 / 10.


Is the dividend of GLADSTONE LAND CORP sustainable?

The dividend rating of GLADSTONE LAND CORP (LAND) is 7 / 10 and the dividend payout ratio is -312.9%.