The stock price of Gladstone Land Corp (NASDAQ: LAND) has plunged by -0.09 when compared to previous closing price of 10.62, but the company has seen a -2.21% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-18 that Gladstone Land owns 168 farms and nearly 54,000 acre-feet of water assets, with a 99.5% occupancy rate, but shares have dipped 20% over the last year. The REIT’s NAV per share stands at $15.57, trading at a 29% discount, with a 5.04% dividend yield, offering a reasonable margin of safety. Third quarter revenue and cash flows have declined, with NAV per share dropping from $20.33 a year ago due to lower farm valuations and higher long-term borrowing costs.
Is It Worth Investing in Gladstone Land Corp (NASDAQ: LAND) Right Now?
The stock has a 36-month beta value of 1.06. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for LAND is 33.63M, and at present, short sellers hold a 1.99% of that float. On January 09, 2025, the average trading volume of LAND was 274.59K shares.
LAND’s Market Performance
LAND stock saw a decrease of -2.21% in the past week, with a monthly decline of -8.93% and a quarterly a decrease of -22.04%. The volatility ratio for the week is 2.48%, and the volatility levels for the last 30 days are 2.50% for Gladstone Land Corp (LAND). The simple moving average for the last 20 days is -2.40% for LAND stock, with a simple moving average of -19.27% for the last 200 days.
Analysts’ Opinion of LAND
Many brokerage firms have already submitted their reports for LAND stocks, with Alliance Global Partners repeating the rating for LAND by listing it as a “Neutral.” The predicted price for LAND in the upcoming period, according to Alliance Global Partners is $14.50 based on the research report published on November 08, 2024 of the previous year 2024.
Alliance Global Partners gave a rating of “Buy” to LAND, setting the target price at $16 in the report published on June 11th of the previous year.
LAND Trading at -10.02% from the 50-Day Moving Average
After a stumble in the market that brought LAND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.92% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -6.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.62% lower at present.
During the last 5 trading sessions, LAND fell by -2.21%, which changed the moving average for the period of 200-days by -17.69% in comparison to the 20-day moving average, which settled at $10.87. In addition, Gladstone Land Corp saw -2.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LAND
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.46 for the gross margin
The net margin for Gladstone Land Corp stands at 0.16. The total capital return value is set at 0.0. Equity return is now at value 2.05, with 1.07 for asset returns.
Based on Gladstone Land Corp (LAND), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 0.1.
Currently, EBITDA for the company is 70.64 million with net debt to EBITDA at 8.29. When we switch over and look at the enterprise to sales, we see a ratio of 10.18.
Conclusion
To sum up, Gladstone Land Corp (LAND) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
