Gladstone Land Corporation (LAND) EPS Estimated At $0.15

February 19, 2018 - By reb123z

 Gladstone Land Corporation (LAND) EPS Estimated At $0.15
Investors sentiment increased to 3 in Q3 2017. Its up 1.18, from 1.82 in 2017Q2. It is positive, as 3 investors sold Gladstone Land Corporation shares while 7 reduced holdings. 10 funds opened positions while 20 raised stakes. 3.54 million shares or 29.20% more from 2.74 million shares in 2017Q2 were reported.
Horizon Kinetics Ltd Liability Corp reported 91,300 shares. Millennium Management Limited Liability Com owns 62,575 shares or 0% of their US portfolio. Geode Cap Management Ltd Llc has invested 0% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND). Stelac Advisory Lc stated it has 0.07% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND). Sei Invs Comm stated it has 11,516 shares or 0% of all its holdings. Tower Rech Limited (Trc) has 120 shares. Price T Rowe Associates Inc Md accumulated 13,700 shares. Moreover, Morgan Stanley has 0% invested in Gladstone Land Corporation (NASDAQ:LAND) for 58,160 shares. Renaissance Technologies Limited Liability owns 670,100 shares for 0.01% of their portfolio. Winfield Assoc Incorporated has 0% invested in Gladstone Land Corporation (NASDAQ:LAND) for 33 shares. State Of New Jersey Common Pension Fund D holds 0.02% or 300,000 shares. Foster Motley Incorporated owns 224,619 shares. Janney Montgomery Scott Ltd has invested 0% in Gladstone Land Corporation (NASDAQ:LAND). Manufacturers Life The owns 737 shares for 0% of their portfolio. 151,390 were reported by Marathon Cap.

Analysts expect Gladstone Land Corporation (NASDAQ:LAND) to report $0.15 EPS on February, 20.They anticipate $0.01 EPS change or 7.14 % from last quarter’s $0.14 EPS. LAND’s profit would be $2.05 million giving it 20.85 P/E if the $0.15 EPS is correct. After having $0.14 EPS previously, Gladstone Land Corporation’s analysts see 7.14 % EPS growth. The stock increased 2.88% or $0.35 during the last trading session, reaching $12.51. About 66,941 shares traded or 12.91% up from the average. Gladstone Land Corporation (NASDAQ:LAND) has risen 10.50% since February 19, 2017 and is uptrending. It has underperformed by 6.20% the S&P500.

Gladstone Land Corporation (NASDAQ:LAND) Ratings Coverage

Among 5 analysts covering Gladstone Land (NASDAQ:LAND), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Gladstone Land had 9 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Gladstone Land Corporation (NASDAQ:LAND) earned “Buy” rating by Ladenburg on Wednesday, June 28. The company was initiated on Thursday, December 3 by Janney Capital. The firm has “Buy” rating given on Wednesday, August 9 by Maxim Group. The stock has “Buy” rating by Maxim Group on Wednesday, November 8. Maxim Group maintained the shares of LAND in report on Monday, August 10 with “Buy” rating. Hilliard Lyons downgraded Gladstone Land Corporation (NASDAQ:LAND) on Wednesday, November 8 to “Neutral” rating. Maxim Group maintained the stock with “Buy” rating in Friday, November 10 report. Ladenburg maintained it with “Buy” rating and $15.0 target in Friday, December 8 report. As per Monday, August 15, the company rating was downgraded by JMP Securities.

Gladstone Land is a publicly-traded real estate investment trust that invests in farmland and farm-related properties located in major agricultural markets in the U.S., which it leases to farmers, and pays monthly distributions to its stockholders. The company has market cap of $170.61 million. The Firm reports the current fair value of its farmland on a quarterly basis; as of September 30, 2017, the estimated net asset value of the Company was $14.15 per share. It has a 595.71 P/E ratio. Gladstone Land currently owns 73 farms, comprised of 63,074 acres in 9 different states across the U.S., valued at approximately $533 million.

More notable recent Gladstone Land Corporation (NASDAQ:LAND) news were published by: Globenewswire.com which released: “Gladstone Land Corporation Announces Closing of Offering of 1150000 Shares of …” on September 12, 2017, also Globenewswire.com with their article: “Gladstone Land Corporation Announces Pricing of Common Stock Offering” published on September 08, 2017, Seekingalpha.com published: “Gladstone Land Corporation – Still Attractive Growth And Income Ahead” on November 15, 2017. More interesting news about Gladstone Land Corporation (NASDAQ:LAND) were released by: Marketwired.com and their article: “Gladstone Land Announces Third Quarter 2017 Results” published on November 07, 2017 as well as Globenewswire.com‘s news article titled: “Gladstone Land Files for Public Offering of 6.00% Series B Cumulative …” with publication date: January 10, 2018.

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