Gladstone Land Corp logo

Gladstone Land Corp

NAS:LAND (USA)  
$ 12.68 +0.04 (+0.32%) 10:08 PM EST
20.19
P/B:
0.63
Market Cap:
$ 454.43M
Enterprise V:
$ 1.01B
Volume:
107.96K
Avg Vol (2M):
180.85K
Also Trade In:
Volume:
107.96K
Avg Vol (2M):
180.85K

Business Description

Gladstone Land Corp logo
Gladstone Land Corp
NAICS : 525920 SIC : 6798
ISIN : US3765491010
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Traded in other countries / regions
LAND.USA3L4.Germany
IPO Date
2013-01-29
Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).