Gladstone Land Corporatio... (LAND)
Gladstone Land Statistics
Share Statistics
Gladstone Land has 36.18M shares outstanding. The number of shares has increased by 0.97% in one year.
| Shares Outstanding | 36.18M |
| Shares Change (YoY) | 0.97% |
| Shares Change (QoQ) | 0.97% |
| Owned by Institutions (%) | 44.77% |
| Shares Floating | 33.63M |
| Failed to Deliver (FTD) Shares | 3 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 787.02K, so 2.18% of the outstanding shares have been sold short.
| Short Interest | 787.02K |
| Short % of Shares Out | 2.18% |
| Short % of Float | 2.34% |
| Short Ratio (days to cover) | 2.24 |
Valuation Ratios
The PE ratio is 29.32 and the forward PE ratio is -28.26. Gladstone Land's PEG ratio is 8.21.
| PE Ratio | 29.32 |
| Forward PE | -28.26 |
| PS Ratio | 4.6 |
| Forward PS | 3.9 |
| PB Ratio | 0.57 |
| P/FCF Ratio | 13.19 |
| PEG Ratio | 8.21 |
Enterprise Valuation
Gladstone Land Corporation has an Enterprise Value (EV) of 1.07B.
| EV / Earnings | 80.65 |
| EV / Sales | 12.65 |
| EV / EBITDA | 15.25 |
| EV / EBIT | 13.49 |
| EV / FCF | 36.28 |
Financial Position
The company has a current ratio of 0.73, with a Debt / Equity ratio of 0.77.
| Current Ratio | 0.73 |
| Quick Ratio | 0.73 |
| Debt / Equity | 0.77 |
| Total Debt / Capitalization | 43.43 |
| Cash Flow / Debt | 0.06 |
| Interest Coverage | 3.63 |
Financial Efficiency
Return on equity (ROE) is 0.02% and return on capital (ROIC) is -5.14%.
| Return on Equity (ROE) | 0.02% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | -5.14% |
| Revenue Per Employee | $1,210,900 |
| Profits Per Employee | $189,857.14 |
| Employee Count | 70 |
| Asset Turnover | 0.06 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 23.75M |
| Effective Tax Rate | 1.79 |
Stock Price Statistics
The stock price has increased by -12.64% in the last 52 weeks. The beta is 1.05, so Gladstone Land's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | -12.64% |
| 50-Day Moving Average | 10.92 |
| 200-Day Moving Average | 12.82 |
| Relative Strength Index (RSI) | 55.62 |
| Average Volume (20 Days) | 355.01K |
Income Statement
In the last 12 months, Gladstone Land had revenue of 84.76M and earned 13.29M in profits. Earnings per share was -0.29.
| Revenue | 84.76M |
| Gross Profit | 84.76M |
| Operating Income | 79.43M |
| Net Income | 13.29M |
| EBITDA | 70.29M |
| EBIT | 79.43M |
| Earnings Per Share (EPS) | -0.29 |
Balance Sheet
The company has 18.27M in cash and 527.52M in debt, giving a net cash position of -509.25M.
| Cash & Cash Equivalents | 18.27M |
| Total Debt | 527.52M |
| Net Cash | -509.25M |
| Retained Earnings | 0 |
| Total Assets | 1.31B |
| Working Capital | 39.61M |
Cash Flow
In the last 12 months, operating cash flow was 29.55M and capital expenditures 0, giving a free cash flow of 29.55M.
| Operating Cash Flow | 29.55M |
| Capital Expenditures | 0 |
| Free Cash Flow | 29.55M |
| FCF Per Share | 0.82 |
Margins
Gross margin is 100%, with operating and profit margins of 93.71% and 15.68%.
| Gross Margin | 100% |
| Operating Margin | 93.71% |
| Pretax Margin | 15.68% |
| Profit Margin | 15.68% |
| EBITDA Margin | 82.92% |
| EBIT Margin | 93.71% |
| FCF Margin | 34.86% |
Dividends & Yields
LAND pays an annual dividend of $0.61, which amounts to a dividend yield of 5.23%.
| Dividend Per Share | $0.61 |
| Dividend Yield | 5.23% |
| Dividend Growth (YoY) | 0.43% |
| Payout Ratio | -209.17% |
| Earnings Yield | -2.53% |
| FCF Yield | 7.12% |
Analyst Forecast
The average price target for LAND is $16, which is 39.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $16 |
| Price Target Difference | 39.5% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 0.37 |
| Piotroski F-Score | 5 |