Gladstone Land (LAND) Stock

Blue-chip real estate trust Land Securities Group PLC (LSE:LAND) has increased the size of its shopping centre footprint through the acquisition of a 92% stake in Liverpool ONE for nearly half a billion pounds. According to LandSec's metrics, the company now owns seven of the top-30 shopping centres in the UK.

Gladstone Land's shift to crop-sharing leases will reduce base rent income in the short term and may boost future profitability. Preferred shares offer better value and safety compared to common shares, with dividends well covered despite high payout ratios. The REIT's balance sheet is improving, but farmland value declines have impacted NAV, making preferred shares more attractive.

MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024.

FTSE 100-listed real estate investment trust Land Securities Group PLC (LSE:LAND) improved its return on equity in the six months ending 30 September, although this key performance metric remains significantly below target. LandSec delivered a 3.9% total return on equity, which represents the profitability for shareholders' contributions, in the period.

Gladstone Land Corporation (NASDAQ:LAND ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 PM ET Company Participants David J. Gladstone - Chairman, Chief Executive Officer and President Michael LiCalsi - General Counsel and Secretary Lewis Parrish - Chief Financial Officer and Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery Scott Craig Kucera - Lucid Capital Markets John Massocca - B.

Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.13 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.16 per share a year ago.

MCLEAN, VA / ACCESSWIRE / September 23, 2024 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Executive Vice President (West Coast Operations), Bill Reiman, continues to lead the Company's strategic review and assessment of its permanent cropland portfolio. Mr. Reiman has been a member of the Company's acquisition and portfolio management team since 2013 and is a fifth-generation farmer, most recently serving as Chairman of the California Strawberry Commission and the Ventura County Agricultural Association.

Gladstone Land, a farmland REIT, has expanded significantly since its inception. Farmland demand remains high, but yields per acre have increased enough to mitigate scarcity impact. Gladstone Land trades at a slight NAV discount, and potential returns seem low.

MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.