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Gladstone Land Corp - LAND STOCK NEWS

Welcome to our dedicated news page for Gladstone Land (Ticker: LAND), a resource for investors and traders seeking the latest updates and insights on Gladstone Land.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gladstone Land's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gladstone Land's position in the market.

Rhea-AI Summary
Gladstone Land (LAND) announces cash distributions for common stock and preferred stock for April, May, and June 2024. The company has a consistent track record of monthly distributions and offers a dividend reinvestment plan. Additionally, the company plans to report earnings for the first quarter of 2024 in May.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.38%
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Rhea-AI Summary
Gladstone Land Corporation (LAND) reported financial results for Q4 and FY 2023, including property dispositions, lease activities, water acquisitions, debt and equity activities, and distribution increases. Despite challenges with vacant properties and lower net operating income, the company remains focused on strengthening its balance sheet and securing additional water rights for its California farms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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Rhea-AI Summary
Gladstone Land Corporation (NASDAQ: LAND) announces its Fourth Quarter Ended December 31, 2023, Earnings Call & Webcast on February 21, 2024. The company, a real estate investment trust, focuses on purchasing farms and farm-related properties for leasing to farmers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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Rhea-AI Summary
Gladstone Land Corporation (NASDAQ: LAND) announced the completion of the sale of a farm in Florida for $65.7 million, providing a 60% return on equity. The sale price reflected a 22% increase over the original purchase price. The company plans to use a portion of the proceeds to retire $16 million of debt and for other general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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Rhea-AI Summary
Gladstone Land Corporation (NASDAQ:LAND) announced cash distributions for January, February, and March 2024. Common stock will receive $0.0465 per share, while Series B, C, D, and E Preferred Stock will receive $0.125, $0.104167, $0.104167, and $0.104167 per share, respectively. The company has paid 131 consecutive monthly cash distributions on its common stock since its IPO and has increased its common stock distributions 33 times over the prior 36 quarters. The company also plans to report earnings for its fourth quarter ended December 31, 2023, after the stock market closes on Tuesday, February 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
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Rhea-AI Summary
Gladstone Land Corporation (Nasdaq:LAND) reported Q3 2023 financial results, including an increase in net operating income from new lease agreements, a decrease in net operating income from self-operated and non-accrual properties, and debt and equity activities. Net income for the quarter was approximately $3.1 million, compared to approximately $1.8 million in the prior-year quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.96%
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Rhea-AI Summary
Gladstone Land Corporation (Nasdaq:LAND) has announced its third-quarter earnings call and webcast, scheduled for November 8, 2023, at 8:30 a.m. ET. The company specializes in purchasing farms and farm-related properties and leasing them to farmers. The webcast can be accessed through the provided link, and a conference call replay will be available until November 15, 2023. For more information, visit www.gladstoneland.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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Rhea-AI Summary
Gladstone Land Corporation reported financial results for Q2 2023. They sold a parcel of land in Florida for $9.6 million, resulting in a return on investment of 343%. They executed 12 new or amended lease agreements, with some resulting in a decrease in net operating income and others in an increase. They also repaid loans and issued preferred stock. Net income for the quarter was approximately $7.9 million. They increased distributions on common stock and declared monthly cash distributions of $0.1380 per share. The CEO commented on the challenges of finding acquisitions due to high farmland prices and increased interest rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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Gladstone Land Corp

Nasdaq:LAND

LAND Rankings

LAND Stock Data

464.60M
34.42M
7.13%
48.69%
1.59%
Other Financial Vehicles
Finance and Insurance
Link
US
Mc Lean

About LAND

gladstone land corporation is a company based out of 1521 westbranch drive suite 200, mclean, virginia, united states.