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    Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP)

    Official site

    REAL ESTATE • REIT - SPECIALTY • NASDAQ

    $18.82
    -0.21 (-1.10%)

    Market Cap: $228.25M

    Last updated: Nov 06, 2026 at 4:32 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    58%(7/12)
    Avg Surprise
    +52.54%

    Upcoming Estimates

    Period ending Jun 30, 2026
    EPS Consensus$N/A
    Revenue Consensus
    $13M
    Range$10M - $17M
    5 analysts
    Period ending Sep 30, 2026
    EPS Consensus$N/A
    Revenue Consensus
    $18M
    Range$15M - $20M
    4 analysts
    Last 12 of 21 reported quarters and 2 upcoming estimates
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Sep 26EST
    -N/A------
    Jun 26EST
    -N/A------
    Mar 26
    Reported May 11
    $N/AN/A-N/ABeat---
    Dec 25
    Reported Feb 17
    $N/AN/A-N/ABeat---
    Sep 25
    Reported Nov 4
    $N/A$0.00$0.00 - $0.00N/ABeat0
    No revisions (30d)
    -
    Jun 25
    Reported Aug 11
    $-0.38$0.00$0.00 - $0.00N/ABeat0
    No revisions (30d)
    -1050.0%
    Mar 25
    Reported May 9
    $0.25$0.00$0.00 - $0.00N/ABeat0
    No revisions (30d)
    +933.3%
    Dec 24
    Reported Feb 18
    $-0.15$0.00$0.00 - $0.00N/AMiss0
    No revisions (30d)
    -400.0%
    Jun 20
    Reported Aug 5
    $-0.10$-0.07--42.86%Miss---150.0%
    Mar 20
    Reported May 6
    $0.04$0.03-+33.33%Beat--+233.3%
    Dec 19
    Reported Feb 19
    $-0.03$-0.05-+40.00%Beat--+57.1%
    Sep 19
    Reported Nov 6
    $-0.03$-0.04-+25.00%Beat---108.6%
    Jun 19
    Reported Aug 7
    $-0.04$-0.04-+0.00%Beat--+63.6%
    Mar 19
    Reported May 7
    $-0.03$-0.02--50.00%Miss---50.0%

    Dividends

    Next ex-dividend: Nov 19, 2026

    Dividend Metrics

    Forward Yield7.97%
    Forward Annual Dividend$1.50
    Payout Ratio231.51%
    FrequencyMonthly
    Pay MonthsJan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

    Key Metrics

    Valuation
    P/E RatioN/AEV/EBITDA25.13x
    Price/FCF32.55xFCF Yield3.07%
    Profitability
    Profit Margin-7.30%Operating Margin-0.34%
    ROE-0.96%ROIC0.99%
    Financial Health
    Debt/Equity0.72xInterest Coverage0.69x
    Current Ratio2.57xQuick Ratio1.99x
    Trading Statistics
    Beta1.22Avg Volume17.91K
    52-Week High$21.1052-Week Low$17.23

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$19.09
    SMA 20$19.32
    SMA 50$19.69
    SMA 200$19.77
    EMA 10$19.08
    EMA 20$19.27
    EMA 50$19.61
    EMA 200$19.64

    MACD

    Line: -0.24Signal: -0.21Hist: -0.03

    ADX

    ADX: 54.4+DI: 3.2-DI: 18.0

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down92.0
    PSAR$18.75

    Bollinger Bands

    Upper Band$19.90
    Lower Band$18.73
    %B Position606%(Upper)
    Band Width0.08

    RSI (14-Day)

    Neutral
    33.6

    Momentum Oscillators

    Stoch %K21.5
    Stoch %D17.9
    Williams %R-92.8
    ROC (10d)-3.3%
    Momentum-0.64
    CCI (20d)-123.0
    MFI (14d)11.2

    Volatility Measures

    ATR (14d)$0.34(1.8%)
    StdDev (20d)0.29
    Hist Vol12.9%(Low)

    Volume Flow

    VWAP$18.87
    OBV-112.8K
    AD Line-87.1M
    CMF (20d)-0.828

    Volume Metrics

    Avg Vol (20d)18.5K
    Vol Ratio2.1x(High)
    VWMA (20d)$19.23

    Pivot Points

    R3$19.56
    R2$19.35
    R1$19.19
    Pivot Point$18.98
    S1$18.82
    S2$18.61
    S3$18.45

    Advanced Oscillators

    TSI-31.30
    Ultimate Osc33.0
    KST-33.41

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$12.69M$16.55M$41.45M$17.79M$12.30M$16.80M$21.10M$22.57M$21.30M$20.25M$24.45M$23.53M
    Cost of Revenue$19.07M$24.64M$33.20M$20.16M$19.98M$20.04M$1.86M$1.38M$1.22M$877,000$1.46M$729,000
    Gross Profit$-6,373,000$-8,092,000$8.25M$-2,380,000$-7,684,000$-3,240,000$19.24M$21.19M$20.08M$19.38M$23.00M$22.80M
    Operating Expenses$-6,257,000$-8,927,000$-7,467,000$-7,189,000$-7,470,000$-6,917,000$11.96M$12.21M$12.21M$12.11M$14.18M$13.41M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.63M$1.44M$4.70M$3.20M$2.89M$3.57M$3.31M$3.30M$3.40M$3.33M$3.45M$3.37M
    Operating Income$-116,000$835,000$15.72M$4.81M$-214,000$3.68M$7.28M$8.98M$7.86M$7.26M$8.81M$9.40M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$4.66M$4.97M$5.78M$5.61M$5.73M$5.93M$5.39M$5.40M$5.54M$5.55M$5.83M$5.86M
    Income Before Tax$-8,460,000$-4,305,000$4.21M$2.09M$-7,878,000$15.11M$540,000$6,000$-823,000$13.57M$1.82M$3.14M
    Income Tax Expense$0$0$0$0$0$0$0$-5,793,000$0$8.75M$-3,473,000$-3,542,000
    Net Income$-8,460,000$-4,305,000$4.21M$2.09M$-7,878,000$15.11M$540,000$6,000$-823,000$13.57M$1.82M$3.14M
    EBITDA$4.09M$11.03M$19.36M$16.09M$6.23M$29.47M$14.57M$14.24M$13.55M$27.93M$17.43M$18.26M
    EBIT$-3,796,000$663,000$9.99M$7.67M$-2,172,000$21.02M$5.93M$5.41M$4.71M$19.12M$7.65M$9.00M
    * Some calculated fields are derived from available data when not provided by source

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    LANDP Valuation and Fair Value

    EV/EBITDA
    25.1x
    P/FCF
    32.6x
    PEG
    0.0x
    P/B
    1.2x
    See GNG's fair value

    LANDP Profitability: Margins, ROIC and FCF

    Gross margin
    -9.7%
    Operating margin
    -0.3%
    Net margin
    -7.3%
    ROIC
    1.0%
    ROE
    -1.0%
    FCF margin
    28.0%
    FCF yield
    3.1%

    LANDP Bull Case vs Bear Case

    Bull case

    • LANDP converts 28.0% of revenue into free cash flow.

    Bear case

    • LANDP has a -7.3% net profit margin.

    LANDP Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    11.1%

    LANDP Dividend

    Forward yield
    8.0%
    Payout ratio
    231.5%
    Pay months
    Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
    LANDP dividend history

    LANDP Earnings Call

    The latest LANDP earnings call transcript on file is labeled 2026Q1.

    Read the 2026Q1 transcript

    Frequently Asked Questions About LANDP

    When is LANDP's next ex-dividend date?

    LANDP's next ex-dividend date is Nov 19, 2026, for a declared dividend of $0.125 per share (record date Nov 19, 2026, payable Nov 30, 2026).

    What is LANDP's current dividend yield?

    Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a forward dividend yield of 7.97%.

    Does LANDP pay dividends?

    Yes, Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock pays dividends with a forward dividend yield of 7.97%.

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