News articles about Gladstone Land (NASDAQ:LAND) have trended positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gladstone Land earned a news impact score of 0.33 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.844938354312 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Edited Transcript of LAND earnings conference call or presentation 21-Feb-18 1:30pm GMT (finance.yahoo.com)
- ValuEngine Upgrades Gladstone Land (LAND) to Buy (americanbankingnews.com)
- North Coast protest highlights Koala populations in regrowth state forest (theland.com.au)
- Virginia REIT acquires Van Buren County blueberry farm (mibiz.com)
- Gladstone Land Corporation (NASDAQ:LAND): What You Have To Know Before Buying For The Upcoming Dividend (finance.yahoo.com)
Shares of Gladstone Land stock opened at $13.03 on Thursday. Gladstone Land has a one year low of $10.77 and a one year high of $14.29. The stock has a market capitalization of $178.98, a P/E ratio of 23.12 and a beta of 0.87. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 2.55.
The business also recently declared a monthly dividend, which will be paid on Friday, March 30th. Stockholders of record on Tuesday, March 20th will be given a dividend of $0.0443 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date of this dividend is Monday, March 19th.
Several research analysts recently commented on the company. ValuEngine upgraded Gladstone Land from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Ladenburg Thalmann Financial Services restated a “buy” rating and set a $15.00 price objective (up previously from $14.00) on shares of Gladstone Land in a research note on Friday, December 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $14.63.
In related news, Director Walter H. Wilkinson purchased 4,700 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were acquired at an average cost of $12.58 per share, for a total transaction of $59,126.00. Following the transaction, the director now owns 9,791 shares of the company’s stock, valued at $123,170.78. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 21.87% of the stock is currently owned by corporate insiders.
Gladstone Land Company Profile
Gladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities.
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.