Gladstone Land Corporation (LAND)
Real Estate · NGM
Price as at 1 Oct 2026, 02:40 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Gladstone Land Corporation trades at $9.46, which is 74% below the $16.48 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 34 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
LAND dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.423 | 9 |
| 2025 | $0.564 | 12 |
| 2024 | $0.564 | 12 |
| 2023 | $0.552 | 12 |
| 2022 | $0.546 | 12 |
| 2021 | $0.540 | 12 |
| 2020 | $0.540 | 12 |
| 2019 | $0.534 | 12 |
| 2018 | $0.528 | 12 |
| 2017 | $0.525 | 12 |
| 2016 | $0.495 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
LAND earnings and analyst estimates
Recommendation mix, 6 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Gladstone Land Corporation
Gladstone Land is a publicly traded real estate investment trust that owns farmland and farm-related properties located in major agricultural markets in the U.S. The Company currently owns 142 farms, comprised of approximately 98,000 acres in 14 different states and nearly 56,000 acre-feet (or over 18.1 billion gallons) of water assets in California. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus years and harvested annually. Gladstone Land pays monthly distributions to its stockholders and has paid 162 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is 0.0467 dollar per month, or 0.5604 dollar per year. Gladstone Land Corporation was established in 1997 and was incorporated in Maryland.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
LAND passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$6.59M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$3.13M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$2.64M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$792.7K · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$157.4K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
LAND peers
The largest companies in the same industry (REIT - Specialty), then in the same sector.
- IRM Iron Mountain Incorporated
- WY Weyerhaeuser Company
- LAMR Lamar Advertising Company
- GLPI Gaming and Leisure Properties, Inc.
- RYN Rayonier Inc.
- OUT OUTFRONT Media Inc.
- EPR EPR Properties
- FPI Farmland Partners Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Gladstone Land Corporation (LAND) undervalued?
Against our fair value estimate of $16.48, LAND at $9.46 is 74% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own LAND?
7 of the institutions we track reported a position in LAND in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Does Gladstone Land Corporation (LAND) pay a dividend?
Yes. Gladstone Land Corporation yields 6.43% at the current share price. It has paid $0.564 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its LAND data?
Fundamentals for LAND come from company filings and exchange data, as listed on NGM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:40 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for LAND, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.