Gladstone Land

LANDP NASDAQ
25.86
-0.23
-0.86%
Closed 16:00 06/21 EDT
Open
25.86
Prev Close
26.09
High
25.86
Low
25.86
Volume
215
Avg Vol (3M)
2.13K
52 Week High
27.95
52 Week Low
25.00
% Turnover
0.00%
Market Cap
477.43M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Gladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities. The Company’s farm consists of 600 tillable acres rotated between popcorn, edible beans, and potatoes and is irrigated with three on-site wells and electrical panels. The Company is engaged in leasing its farms and farm-related facilities to independent or corporate farming operations. The Company owned 90 farms, including 75,866 total acres across ten states in the United States (Arizona, California, Colorado, Florida, Michigan, Nebraska and Oregon). The Company's farms and facilities were leased to different, unrelated tenants that are either independent or corporate farming operations.
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