Moody's methodology analysis gives Gladstone Land Corporation an overall credit rating of Ba2–Ba3, which places it in the junk grade category. LAND's preferred shares are rated B1, indicating high risk and limited protection for investors. Despite LANDM preferred shares' high yield, its risk profile and weak credit rating make the investment rather unsuitable for conservative investors.
Land Securities Group PLC (LSE:LAND) reported higher earnings for the half year to 30 September 2025 as income growth continued. EPRA (operational) EPS rose 3.2% to 25.8 pence, supported by 5.2% like-for-like income growth and lower overhead costs.
LAND, LNC and SCCO made it to the Zacks Rank #1 (Strong Buy) income stocks list on Nov.10, 2025.
For my initial coverage of Gladstone Land Corp (LAND), I'm calling it a buy, in agreement with the Wall St and SA analyst consensus as of this writing. Key positives are steady monthly dividend payouts and modest 10 year dividend growth, as well as a diverse land portfolio across the US and trading below book value per share. This REIT is moving some leases to a participation-rent model rather than fixed rent, so that could also drive some uncertainty in revenue and earnings trends.
Gladstone Land Corporation ( LAND ) Q3 2025 Earnings Call November 6, 2025 8:30 AM EST Company Participants David Gladstone - Founder, Chairman, CEO & President Catherine Gerkis Bill Reiman Lewis Parrish - CFO & Assistant Treasurer Conference Call Participants Robert Stevenson - Janney Montgomery Scott LLC, Research Division Craig Kucera - Lucid Capital Markets, LLC, Research Division John Massocca - B. Riley Securities, Inc., Research Division Presentation Operator Greetings, and welcome to the Gladstone Land Corporation Third Quarter Earnings Conference Call.
Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to FFO of $0.13 per share a year ago.
Gladstone Land preferreds (LANDO, LANDP) offer a 7.7% yield and trade at a significant discount, presenting both income and capital appreciation potential. Anticipated Fed rate cuts could drive demand for these preferred shares, potentially narrowing the discount and boosting prices by up to 28%. Gladstone's recent buyback authorization for preferred shares adds a catalyst for price appreciation and demonstrates strong capital management.
Gladstone Land offers solid exposure to U.S. farmland but faces cyclical commodity headwinds and current AFFO weakness, reflected in a depressed stock price. Management is shifting to participation rents, increasing earnings volatility but positioning for higher profits if crop prices improve, especially in late 2025. Dividend is at risk if near-term results don't improve, but long-term catalysts like rate cuts and agricultural policy support could drive recovery and demand.
Gladstone Land Corporation (NASDAQ:LAND ) Q2 2025 Earnings Conference Call August 8, 2025 8:30 AM ET Company Participants Bill Ryman - Corporate Participant David John Gladstone - Founder, Chairman, CEO & President Katharine Gorka - Corporate Participant Lewis Parrish - CFO & Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners, Research Division John James Massocca - Ladenburg Thalmann & Co. Inc., Research Division Steven Dumanski - Unidentified Company Operator Greetings. Welcome to Gladstone Land Corporation's Second Quarter Earnings Call.
Gladstone Land (LAND) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of $0.03. This compares to FFO of $0.1 per share a year ago.
Gladstone Land owns a diversified portfolio of U.S. farmland with long-term leases, offering stable cash flows and inflation protection. Despite attractive yields on its preferred stocks, LAND's high debt-to-EBITDA, low fixed charge coverage, and limited unencumbered assets are concerning. Applying Moody's methodology, LAND scores a market-adjusted B2 credit rating, reflecting significant credit risk for investors.
The financial and operational performance of Gladstone Land shows several weaknesses. The stock price declined by 27% throughout last year and 61% throughout three years, with a 5.7% dividend and negative total returns. The Q1 2025 financial results indicate declining revenue together with a 60% decrease in AFFO, but the company maintains a strong financial position.