
Gladstone Land Corporation
LAND · NASDAQ · Real Estate / REIT - Specialty
Price History
Full chartMarket Stats
About
Gladstone Land is a publicly traded real estate investment trust that owns farmland and farm-related properties located in major agricultural markets in the U.S. The Company currently owns 142 farms, comprised of approximately 98,000 acres in 14 different states and nearly 56,000 acre-feet (or over 18.1 billion gallons) of water assets in California. 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. The Company also owns farms growing permanent crops, such as almonds, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus years and harvested annually. Gladstone Land pays monthly distributions to its stockholders and has paid 162 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is 0.0467 dollar per month, or 0.5604 dollar per year. Gladstone Land Corporation was established in 1997 and was incorporated in Maryland.
Company Details
- SectorReal Estate
- IndustryREIT - Specialty
- CEOMr. David John Gladstone
- Employees0
- Headquarters1521 Westbranch Drive, McLean, VA, United States, 22102-3211, USA
- Websitehttps://www.gladstonefarms.com
Leadership
- Mr. David John GladstoneFounder, Chairman, CEO & President · b. 1942
- Mr. Lewis Parrish CPACFO & Assistant Treasurer · b. 1979
- Mr. John SateriChief Investment Officer
- Mr. Michael Bernard LiCalsi Esq., J.D.Chief Administrative Officer, Co-General Counsel & Co-Secretary · b. 1970
- Mr. William ReimanExecutive Vice President of West Coast Operations · b. 1970
- Ms. Jennifer A. SmithChief Valuation Officer
- Ms. Paula NovaraHead of Resource Management & Director · b. 1970
- Mr. Jay Beckhorn CPATreasurer · b. 1962
- Mr. Erich HellmoldCo-General Counsel & Co-Secretary
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy2
- Hold5
Ownership Breakdown
- Institutions
- 41.50%
- Insiders
- 5.87%
- Retail / Other
- 52.63%
Top Institutional Holders
- BlackRock Inc3.04M7.05%
- Vanguard Portfolio Management, LLC1.78M4.12%
- Vanguard Capital Management, LLC1.53M3.56%
- Geode Capital Management, LLC987.05K2.29%
- Two Sigma Investments LLC772.45K1.79%
- State Street Corp711.81K1.65%
- Renaissance Technologies Corp506.38K1.17%
- Charles Schwab Investment Management Inc357.58K0.83%
- The Goldman Sachs Group Inc319.32K0.74%
- Goss Wealth Management LLC312.71K0.72%
- PFG Investments, LLC309.32K0.72%
- Northern Trust Corp301.90K0.70%
Top Fund Holders
- Vanguard Real Estate Index Investor1.62M3.76%
- Vanguard MStar Total Stk Mkt Idx Invest1.30M3.02%
- iShares Russell 2000 ETF1.05M2.44%
- Fidelity Small Cap Index462.41K1.07%
- iShares Russell 2000 Value ETF378.74K0.88%
- Schwab US REIT ETF™315.12K0.73%
- Fidelity Extended Market Index288.03K0.67%
- Vanguard Real Estate II Index287.08K0.67%