LAND Gladstone Land Corp Stock Overview U.S.: Nasdaq

The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. 1 Wall Street equities research analysts have issued « buy, » « hold, » and « sell » ratings for Gladstone Land in the last twelve months.

Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. Robinhood gives you the tools you need to put your money in motion. You can buy or sell Gladstone Land and other ETFs, options, and stocks. One share of LAND stock can currently be purchased for approximately $18.60. Sign-up to receive the latest news and ratings for Gladstone Land and its competitors with MarketBeat’s FREE daily newsletter.

« Potential SEC enforcement action is elevated post-FTX with regulatory certainty unlikely until 2024. » The payrolls processing firm said the biggest job gains came from leisure and hospitality, with 123,000, followed by professional and business services with 52,000 and education and health services, which added 42,000. Private payrolls rose by 235,000 in December, well ahead of the 153,000 estimate from Dow Jones and a big jump from November, ADP reported Thursday.

Industry analysts use postpaid customer data to draw conclusions about a wireless company’s broader health because they pay monthly bills and tend to be more reliable customers. Shares fell more than 1% in the premarket after Cowen downgraded the crypto exchange operator to market perform from outperform. The innovation investor said today’s stock market couldn’t be more different trade bitcoin on gdax than the one in telecom bubble in the late 1990s when technology was still immature. Ark Invest’s Cathie Wood believes investors are fleeing disruptive technology stocks at a time when costs are low enough to drive growth and innovation. The consensus economist estimate is that U.S. employers added 200,000 jobs in the month, a decrease from the 263,000 added in November.

land stock

Following a stronger than anticipated ADP Private Payrolls report on Wednesday as well as better than expected job openings and jobless claims numbers, investors are now worrying the print will surprise to the upside. Apple had the biggest market cap loss among stocks in 2022 after facing questions about the popularity of its new iPhones and facing difficulties with production during the holiday season. The stock’s market cap fell below $2 trillion for the first time since May earlier this week. Stocks fell Thursday after jobs data showed the labor market is still strong despite the Federal Reserve’s interest rate hikes to tame inflation. Gladstone Land Corp is an externally-managed, agricultural REIT.

Key Data

The P/E ratio of Gladstone Land is -55.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. In the past three months, Gladstone Land insiders have not sold or bought any company stock. Gladstone Land pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends. Gladstone Land has a short interest ratio (« days to cover ») of 4.4. 2.60% of the outstanding shares of Gladstone Land have been sold short. Gladstone Land has only been the subject of 1 research reports in the past 90 days.

land stock

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Analyst’s Opinion

« Danaher has reduced its near-term growth expectations for its Bioprocess business (~25% of 2022e sales, ex COVID testing) as COVID vaccine demand has fallen and customers reduce inventory, » wrote analyst Dan Leonard in a note to clients. « We believe inventory burn ledger vs trezor 2021 reddit could continue throughout 2023 before normalizing. » The S&P 500 and Nasdaq Composite slipped 1.12% and 1.08%, respectively, led by shares of Tesla, down more than 3%. Meanwhile, CME’s recent pullback in valuation has created an attractive entry point, Sawant added.

Gladstone Land Corp is an externally-managed, agricultural real estate investment trust . The Company is engaged in the business of owning and leasing farmland. It owns approximately 164 farms comprised of over 112,542 acres across 15 states in the United States, as well as several farm-related facilities.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023. Based on earnings estimates, Gladstone Land will have a dividend payout ratio of 68.75% next year. This indicates that Gladstone Land will be able to sustain or increase its dividend. Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.

land stock

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Ensuring that every decision taken by each of us every day is environmentally and socially intelligent, as well as making sound financial sense, is central to creating Places People Prefer. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Stitch Fix shares jump 5% on layoffs, CEO turnover announcement

Keep in mind the ongoing market weakness should keep investors on the sidelines. The Dow Jones Industrial Average sold off more than 400 points Thursday after a stronger-than-expected ADP employment report. The bank said it was forced to sell $5.2 billion in debt to cover withdrawals and recorded a in a $718 million loss in the fourth quarter on that sale. The retailer, whose market cap has shrunk to about $200 million, said it expects to report a net loss of $385.8 million for its quarter that ended on Nov. 26, which is more than $100 million wider than the loss in the same quarter in 2021.

  • Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Gladstone Land (LAND – Research Report), Mirvac Group (MRVGF – Research Report) and QBE Insurance Group Limited (QBEIF – Resea…
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  • Were under pressure after The Wall Street Journal reported the company sold assets at a loss to cover more than $8 billion in withdrawals after the FTX implosion late last year.
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We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Stock futures open down

A higher number would be further bad news to the Fed that the labor market is still strong. In addition, investors don’t want to see big gains in wage growth, which could signal higher inflation. Colliers Securities analyst Barry Oxford maintained a Hold rating on Gladstone Land (LAND – Research Report) today and set a price target of $21.00. The company’s shares opened today at $20.90.According to TipRanks, Oxford… Real-time analyst ratings, insider transactions, earnings data, and more. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .

Short Interest (12/15/

The company’s shares opened today at $25.71.According to TipRanks, Diana is a… In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on Gladstone Land (LAND – Research Report), with a price target of $36.00. MADRID — European stock markets opened mostly lower on Wednesday, as investors tracked mostly lower Asia stocks and losses in the U.S. overnight after comments by Federal Reserve Chairman Ben Bernanke delive… These are six top stocks to watch in today’s stock market, including three Dow Jones leaders. — The Dow fell Thursday, paced by a slump in tech from rising Treasury yields as data continued to point to a tight labor market fueling fears of aggressive Federal Reserve tightening just a day ahead of the December jobs report. European markets opened lower Thursday as global markets focus on economic data from the region, and the latest signals from the U.S.

Provide specific products and services to you, such as portfolio management or data aggregation. We’d like to share more about how we work and what drives our day-to-day business. CompareLAND’s historical performanceagainst its industry peers and the overall market. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Meet January’s 10 IPOs Rick Munarriz | Feb 5, 2013 A lot of companies went public last month. Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Gladstone Land (LAND – Research Report), Mirvac Group (MRVGF – Research Report) and QBE Insurance Group Limited (QBEIF – Resea…

Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Dollar eyes gains as jobs data could force rethink of game of chicken… Wall St drops more than 1% with jobs data feeding fears of more Fed… In addition, any of the above-mentioned violations may result in suspension of your account. “Historically, in recessions, or at least minor recessions, demand doesn’t take a massive hit,” Graff added. Of $1.26 billion, below Wall Street estimates of $1.404 billion analysts.

Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. Sign up for a Robinhood brokerage account to buy or sell Gladstone Land stock and options commission-free.

The company said it signed new series production deals for multiple vehicle models with automakers in December. Those deals exceeded targets, said company leadership, who added that all four 2022 milestones Luminar set for itself were met by the end of the year. Cresset also said it expects a mild recession in the middle of 2023 as interest rate hikes have their full effects on the economy. It said a « soft landing » scenario, which is when a recession would be avoided, is unlikely. « There is low visibility per stabilization in retail trading volumes in 2023 following further December deterioration, » the firm wrote.

It appears that this trend will continue in 2023 by you know who. Your ability to comment is currently suspended due to negative user reports. Treasury yields jumped sharply on the news, putting pressure on the rate-sensitive sectors of the market including tech. The firm said U.S. inflation should be able to reach 3.5% relatively easily, but hitting the 2% threshold will be challenging. It also said to expect global central banks to pivot and accept inflation at a rate that’s higher than preferred, adding that inflation between 3% and 4% could be tolerated for a period. The company added 314,000 postpaid net accounts in the fourth quarter, which is 1,000 below the same quarter a year ago and 80,000 below the third quarter of 2022.

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Gladstone Land declared a monthly dividend on Tuesday, October 11th. Investors of record on Tuesday, December 20th will be given a dividend of $0.0458 per share on Friday, December 30th.