Gladstone Land Corporation (LAND)
NASDAQ: LAND · IEX Real-Time Price · USD
13.50
+0.22 (1.66%)
At close: May 31, 2024, 4:00 PM
13.55
+0.05 (0.37%)
After-hours: May 31, 2024, 7:31 PM EDT
Gladstone Land Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Gladstone Land stock have an average target of 18, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 33.33% from the current stock price of 13.50.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Gladstone Land stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $20 → $16 | Buy | Maintains | $20 → $16 | +18.52% | May 15, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +18.52% | May 9, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +48.15% | Feb 22, 2024 |
| EF Hutton | EF Hutton | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +48.15% | Aug 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +48.15% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
86.32M
from 90.40M
Decreased by -4.51%
Revenue Next Year
92.92M
from 86.32M
Increased by 7.64%
EPS This Year
-0.06
from -0.28
EPS Next Year
-0.32
from -0.06
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.8M | 103.3M | 113.4M | 112.8M | 117.4M |
| Avg | 86.3M | 92.9M | 110.2M | 109.6M | 114.0M |
| Low | 78.1M | 83.9M | 105.9M | 105.3M | 109.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.7% | 19.7% | 22.1% | 2.4% | 7.1% |
| Avg | -4.5% | 7.6% | 18.6% | -0.5% | 4.0% |
| Low | -13.6% | -2.9% | 13.9% | -4.4% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.05 | -0.29 | -0.23 |
| Avg | -0.06 | -0.32 | -0.22 |
| Low | -0.07 | -0.34 | -0.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.