Press coverage about Gladstone Land Corporation (NASDAQ:LAND) has been trending somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Gladstone Land Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.3001412290808 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Analyzing Gladstone Land Corporation (LAND) and Farmland Partners (FPI) (americanbankingnews.com)
- Critical Contrast: Gladstone Land Corporation (LAND) & Anworth Mortgage Asset Corporation (ANH) (americanbankingnews.com)
- BRIEF-Gladstone Land acquires organic farm in Washington state for $9.5 million (in.reuters.com)
- Gladstone Land Acquires Organic Farm in Washington State for $9.5 Million (finance.yahoo.com)
- BRIEF-Gladstone Land Corporation announces pricing of common stock offering (reuters.com)
LAND has been the subject of a number of research reports. Singular Research initiated coverage on shares of Gladstone Land Corporation in a research note on Thursday, May 18th. They set a “buy” rating and a $14.25 target price for the company. Zacks Investment Research upgraded shares of Gladstone Land Corporation from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Thursday, June 1st. Finally, Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Gladstone Land Corporation in a research note on Wednesday, June 28th.
Shares of Gladstone Land Corporation (LAND) opened at 12.65 on Wednesday. The company has a market cap of $151.94 million, a P/E ratio of 275.00 and a beta of 1.00. Gladstone Land Corporation has a 12 month low of $9.51 and a 12 month high of $14.09. The stock’s 50 day moving average is $12.94 and its 200-day moving average is $11.74.
Gladstone Land Corporation (NASDAQ:LAND) last released its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). Gladstone Land Corporation had a net margin of 2.58% and a return on equity of 0.57%. The firm had revenue of $6.00 million during the quarter. On average, equities analysts forecast that Gladstone Land Corporation will post $0.05 EPS for the current year.
The business also recently announced a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Wednesday, September 20th will be given a $0.044 dividend. The ex-dividend date of this dividend is Tuesday, September 19th. This represents a $0.53 annualized dividend and a dividend yield of 4.17%. Gladstone Land Corporation’s dividend payout ratio (DPR) is 1,060.21%.
Gladstone Land Corporation Company Profile
Gladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities.
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