Gladstone Land Corp. is an agricultural real estate investment trust, which engages in the business of owning and leasing farmland. The company is headquartered in Mclean, Virginia and currently employs 72 full-time employees. The company went IPO on 2013-01-29. The firm owns around 150 farms, comprised of 103,000 acres in 15 different states and 55,000 acre-feet of water assets in California. Its farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables. The company also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards. Approximately 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 20% of its permanent crop acreage falls into this category. The firm may also acquire property related to farming, such as cooling facilities and processing buildings, among others. Its adviser is Gladstone Management Corporation.
Follow-Up Questions
What is Gladstone Land Corp (LANDP)'s P/E Ratio?
The P/E ratio of Gladstone Land Corp is 24.5043
Who is the CEO of Gladstone Land Corp?
Mr. David Gladstone is the Chairman of the Board of Gladstone Land Corp, joining the firm since 1997.
What is the price performance of LANDP stock?
The current price of LANDP is 19.74, it has decreased 0.02% in the last trading day.
What are the primary business themes or industries for Gladstone Land Corp?
Gladstone Land Corp belongs to Real Estate industry and the sector is Real Estate
What is Gladstone Land Corp market cap?
Gladstone Land Corp's current market cap is $714.3
Is Gladstone Land Corp a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Gladstone Land Corp, including 4 strong buy, 3 buy, 6 hold, 0 sell, and 4 strong sell