Gladstone Land Corporation (LAND) Stock Price & Analysis
Gladstone Land Corporation (LAND) closed at USD 8.8 on Thursday, October 22, 2026, up 2.56% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 8.58; the Oct 22, 2026 session ranged USD 8.58–8.91 on volume of 604,351 shares. Market capitalization is $379.60M, with a 52-week range of USD 7.92–13 (NGM). Source: Nexqual, retrieved October 23, 2026 at 11:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LAND.md
Key facts (LAND)
- Last four reported quarters (through Jun 30, 2026): revenue $88.5M, net income -$6.5M (-7.3% margin) (SEC filings).
- Analysts: Hold (mean 2.80 on a 1–5 scale) (5 analysts), mean target USD 9.33 (range 8.5–10.5).
- Total return with dividends: 1Y +3.7% vs S&P 500 +14.9%; 5Y -53.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD -0.1, revenue estimate $17.6M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LAND)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $75.3M | $89.2M | $90.4M | $85.2M | $88.3M | $88.5M |
| Gross profit | — | — | $90.4M | $85.2M | $78.8M | — |
| Net income | $3.5M | $4.7M | $14.6M | $13.3M | $13.5M | -$6.5M |
| EPS (diluted) | -$0.29 | -$0.43 | -$0.28 | -$0.29 | -$0.29 | — |
| Gross margin | — | — | 100.0% | 100.0% | 89.1% | — |
| Net margin | 4.6% | 5.3% | 16.1% | 15.6% | 15.3% | -7.3% |
| Revenue growth | +32.1% | +18.5% | +1.3% | -5.7% | +3.7% | — |
| Cash + short-term investments | $16.7M | $61.1M | $18.6M | $18.3M | $27.2M | — |
| Total debt | $668M | $627M | $574M | $528M | $474M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LAND)
P/S 4.3x · EV/Sales 9.5x · P/B 0.6x · Earnings yield -1.70% · Dividend yield (paid, TTM) 5.83% · Net debt $463M · EV $843M
P/E at fiscal year-ends: Dec 2025 24.7x, Dec 2024 29.3x, Dec 2023 35.5x.
Analysts (LAND)
Consensus Hold (mean 2.80 on a 1–5 scale), 5 analysts; mean target USD 9.33 (low 8.5, high 10.5).
Total return (dividends reinvested) (LAND)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +3.7% | -53.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +3.8% | -14.1% |
| Volatility (annualized) | 28.0% | 32.6% |
| Max drawdown | -33.9% (Feb 2026→Aug 2026) | -75.8% (Apr 2022→Jul 2026) |
LAND suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Gladstone Securities | “On April 11, 2017, we entered into an agreement with Gladstone Securities for it to act as our non-exclusive agent to assist us with arranging financing for our properties (the "Financing Arrangement Agreement").” |
| Partner | FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) | “As amended, our agreement with Federal Agricultural Mortgage Corporation ("Farmer Mac") currently provides for bond issuances up to an aggregate amount of $225.0 million (the "Farmer Mac Facility") by December 31, 2026, after which Farmer Mac has no obligation to purchase additional bonds under this facility.” |
Quoted from the company's 10-K filed Feb 24, 2026.
LAND company outlook (results filed Aug 11, 2026)
- “Comments from David Gladstone, President and CEO of Gladstone Land: "We had a successful 2025 harvest, with yields on the farms where we oversee growing operations exceeding our internal expectations.”
- “However, the full financial benefit has not yet been reflected in our results, as a significant portion of the revenue from the 2025 pistachio harvest is expected to be recognized later in 2026 following the conclusion of the marketing period.”
- “While the 2026 pistachio crop was already expected to be an "off" year due to the crop's alternate-bearing nature, yields are expected to be further impacted by a March heat event in California that affected pollination across the state.”
- “Despite the expected decline in production, market pricing has continued to strengthen, as our primary processor recently announced a 67% increase in the initial base price for split in-shell pistachios for the 2026 crop, which should help offset the impact from lower yields.”
Quoted word-for-word from the SEC 8-K results press release.
LAND analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.10 | $-0.18 | -43.4% | $17.6M | 2 |
| Next quarter (ends Dec 2026) | $0.17 | $0.12 | +41.7% | $36.9M | 2 |
| Current fiscal year (ends Dec 2026) | $-0.50 | $-0.59 | -14.2% | $83.8M | 3 |
| Next fiscal year (ends Dec 2027) | $-0.30 | $-0.48 | -36.0% | $87.3M | 2 |
LAND options: expected move
Options price a move of about ±15.9% (±$1.40) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±3.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 30.5% | ±15.9% |
| Feb 19, 2027 | 119 | 33.2% | ±19.9% |
| May 21, 2027 | 210 | 33.9% | ±24.5% |
30-day implied volatility 27.2% vs 25.2% realized over the last 30 trading days. Put/call ratio (volume) 0.06. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:23 UTC)
| Price | USD 8.8 |
|---|---|
| Change | ▲ 2.56% (up) |
| Previous Close | USD 8.58 |
| Open | USD 8.58 |
| Day Range | USD 8.58 – 8.91 |
| 52-Week Range | USD 7.92 – 13 |
| Volume | 604,351 shares |
| Market Cap | $379.60M |
| Exchange | NGM |
Technical Analysis (LAND)
Nexqual's technical model rates LAND "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 11:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33 (neutral) |
| vs SMA50 | Below (USD 9.25) |
| MACD | -0.13 (negative) |
Analyst Ratings (LAND)
Wall Street analysts rate LAND "Hold" based on 5 analysts, with a mean price target of USD 9.33 (range USD 8.5–10.5), per Nexqual as of October 23, 2026 at 11:23 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 9.33 |
| High Target | USD 10.5 |
| Low Target | USD 8.5 |
| Buy / Hold / Sell | 1 / 4 / 0 |
Earnings (LAND)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0.1 |
| Revenue Estimate | $17.59M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.21 vs est -0.28 ▲ beat |
| 2026-03-31 | USD -0.22 vs est -0.23 ▲ beat |
| 2025-12-31 | USD 0.07 vs est 0.13 ▼ miss |
| 2025-09-30 | USD -0.11 vs est -0.21 ▲ beat |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financials & Fundamentals (LAND)
| Total Revenue | $88.53M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +4.20% |
| Gross Margin | +71.68% |
| Operating Margin | -0.34% |
| Profit Margin | -7.30% |
| ROE | -0.96% |
| Debt / Equity | 0.72 |
| Current Ratio | 1.66 |
| Total Cash | $27.87M |
| Total Debt | $486.76M |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financial Health Score (LAND)
Nexqual rates Gladstone Land Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:23 UTC.
| Growth | Mixed — Revenue +3.7% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 72%, operating -0% (last 12 months) |
| Balance Sheet | Solid — $23M cash and investments vs $486M debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $7M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -1%, ROA 1.1% |
Ownership (LAND)
| Insider Ownership | +5.87% |
|---|---|
| Institutional Ownership | +41.63% |
| Shares Outstanding | 43.14M |
| Float | 41.53M |
| Short % of Float | +10.22% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Leadership (LAND)
Gladstone Land Corporation is led by David John Gladstone, Founder, Chairman, CEO & President, per Nexqual as of October 23, 2026 at 11:23 UTC.
| Founder, Chairman, CEO & President | David John Gladstone |
|---|---|
| CFO & Assistant Treasurer | Lewis Parrish |
| Executive Vice President of West Coast Operations | William Reiman |
| Head of Resource Management & Director | Paula Novara |
Major Backers & Investors (LAND)
Notable institutional backers of Gladstone Land Corporation include Two Sigma Investments, LP, Fidelity, Compass Financial Management LLC, according to Nexqual as of October 23, 2026 at 11:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Two Sigma Investments, LP | 1.79% |
| Fidelity | 1.6% |
| Compass Financial Management LLC | 1.49% |
| Charles Schwab Investment Management, Inc. | 1.02% |
| Renaissance Technologies | 0.85% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.02% |
| BlackRock | 7.94% |
| Geode Capital | 2.74% |
| State Street | 1.8% |
| Northern Trust | 0.84% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
From Gladstone Land Corporation's Latest SEC 10-K Filing (filed 2026-02-24)
Partnerships
- We have entered into an investment advisory agreement with our Adviser, which was most recently amended and restated effective July 1, 2021 (the "Advisory Agreement"), under which our Adviser is responsible for managing our assets and liabilities, for operating our business on a day-to-day basis, and for identifying, evaluating, negotiating, and consummating investment transactions consistent with our investment policies as determined by our Board of Directors from time to time.
- Some types of transactions, including the following, require the prior approval of our Board of Directors, including a majority of our independent directors: •any acquisition which at the time of investment would have a cost exceeding 50% of our total assets; and •transactions that involve conflicts of interest with our Adviser (other than reimbursement of expenses in accordance with the Advisory Agreement).
Legal & Regulatory Risks (Item 1A, quoted)
- We cannot predict the impact future actions by regulators or government bodies, including the U.S. Federal Reserve, will have on real estate debt markets, the market value of our capital stock or on our business, and any such actions may negatively impact us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| FPI | Farmland Partners Inc. | USD 10 | ▲ 1.63% |
| UNIT | Uniti Group Inc. | USD 5.19 | ▼ 2.99% |
| BXDC | Blackstone Digital Infrastructu | USD 15.88 | ▼ 1.49% |
| FRMI | Fermi Inc. | USD 2.65 | ▼ 7.34% |
| EPR | EPR Properties | USD 56.36 | ▲ 3.34% |
| OUT | OUTFRONT Media Inc. | USD 31.4 | ▲ 1.29% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt