Gladstone Land downgraded by Berenberg with a new price target
$LAND
Real Estate Investment Trusts
Real Estate
Berenberg downgraded Gladstone Land from Buy to Hold and set a new price target of $25.00 from $21.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/12/2024 | Buy → Hold | Maxim Group | |
| 6/11/2024 | $16.00 | Buy | Alliance Global Partners |
| 12/13/2023 | $16.00 | Neutral | B. Riley Securities |
| 2/22/2023 | $25.00 → $22.00 | Perform → Outperform | Oppenheimer |
| 2/24/2022 | $28.60 → $32.00 | Buy | EF Hutton |
| 10/29/2021 | $24.00 | Perform | Oppenheimer |
| 7/21/2021 | Buy → Neutral | Ladenburg Thalmann |
Mortgage rates are on a steady decline as investors have cemented expectations for upcoming reductions in the federal funds rate, yet mortgage demand continues to depict challenges among homebuyers. The Mortgage Bankers Association has reported Wednesday that the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) dropped by 5 basis points to 6.62% for the week ending July 19, 2024. This marks the lowest borrowing cost for home purchases since early February 2024. Despite the decline in mortgage rates, long-term Treasury yields remained stable last week. The 30-year Treasury yield has held steady between 4.20% and 4.25%
Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of July, August and September 2024.Monthly Cash Distributions:Common Stock: $0.0467 per share of common stock for each of July, August and September 2024, payable per the table below:Summary of Common Stock Cash DistributionsRecord DatePayment DateAmountJuly 22July 31$ 0.0467August 21August 300.0467September 20September 300.0467Total for the Quarter:$ 0.1401
Alliance Global Partners analyst Gaurav Mehta initiates coverage on Gladstone Land (NASDAQ:LAND) with a Buy rating and announces Price Target of $16.
MCLEAN, VA / ACCESSWIRE / November 1, 2024 / Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Capital Corporation (NASDAQ:GLAD), Gladstone Land Corporation (NASDAQ:LAND) and Gladstone Commercial Corporation (NASDAQ:GOOD), has hired Stephanie Conkright as a Director of National Accounts, primarily covering the Independent Broker Dealer channel. Stephanie will join Sean Boyd (Director of National Accounts) as he transitions to primarily developing and covering the RIA channel.Ms. Conkright, based in Irvine, California, has over 17 years of
MCLEAN, VA / ACCESSWIRE / October 28, 2024 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced limited damage to its farms and facilities in the Southeastern U.S. as a result of Hurricanes Helene and Milton. While the Company is still assessing the overall impact of the hurricanes, early reports indicate wind damage to a portion of blueberry plantings on a small farm in southern Georgia and water damage to one cooling facility in central Florida, which is covered by insurance. Strawberry farms in central Florida were impacted in varying degrees; however, most operations have already recovered with regard to planting, though timing may be slightly delayed.
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of October, November and December 2024.Monthly Cash Distributions:Common Stock: $0.0467 per share of common stock for each of October, November and December 2024, payable per the table below:Summary of Common Stock Cash DistributionsRecord DatePayment DateAmountOctober 22October 31$ 0.0467November 20November 290.0467December 20December 310.0467Total for the Quarter:$ 0.1401The Company has paid 140 consecutive monthly cash distributions on its common stock since its initial public
8-K - GLADSTONE LAND Corp (0001495240) (Filer)
8-K - GLADSTONE LAND Corp (0001495240) (Filer)
10-Q - GLADSTONE LAND Corp (0001495240) (Filer)
Maxim Group downgraded Gladstone Land from Buy to Hold
Alliance Global Partners initiated coverage of Gladstone Land with a rating of Buy and set a new price target of $16.00
B. Riley Securities resumed coverage of Gladstone Land with a rating of Neutral and set a new price target of $16.00
SC 13G/A - GLADSTONE LAND Corp (0001495240) (Subject)
SC 13G/A - GLADSTONE LAND Corp (0001495240) (Subject)
SC 13G/A - GLADSTONE LAND Corp (0001495240) (Subject)
3 - GLADSTONE LAND Corp (0001495240) (Issuer)
4 - GLADSTONE LAND Corp (0001495240) (Issuer)
3 - GLADSTONE LAND Corp (0001495240) (Issuer)
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.As the Company has noted in recent press releases and earnings calls, prices of certain permanent crops have experienced a downturn over the last 12-18 months, in
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. Ms. Gorka previously served as a Senior Policy Advisor in the Office of Policy at the U.S. Department of Homeland Security from 2017 until 2020. In 2020, Ms. Gorka served as Press Secretary for U.S. Customs and Border Protection, and from 2020 to 2022 she served a
MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Land Corporation (NASDAQ:LAND) announces the following event:What:Gladstone Land Corporation's Second Quarter Ended June 30, 2024, Earnings Call & Webcast When:Friday, August 9, 2024 @ 8:30 a.m. ET Where:https://event.choruscall.com/mediaframe/webcast.html?webcastid=5E4WrIfa How:By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact:Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 16, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13746758.If you are unable to parti