Gladstone Land (LAND) Stock Forecast, Price Target & Predictions
LAND Stock Forecast
Gladstone Land stock forecast is as follows: an average price target of $15.00 (represents a 39.15% upside from LAND’s last price of $10.78) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
LAND Price Target
The average price target for Gladstone Land (LAND) is $15.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $14.00. This represents a potential 39.15% upside from LAND's last price of $10.78.
LAND Analyst Ratings
According to 3 Wall Street analysts, Gladstone Land's rating consensus is 'Buy'. The analyst rating breakdown for LAND stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Gladstone Land Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 15, 2024 | Michael Penn | Oppenheimer | $16.00 | $13.41 | 19.31% | 48.42% |
| May 14, 2024 | John Massocca | B.Riley Financial | $14.00 | $13.14 | 6.54% | 29.87% |
The latest Gladstone Land stock forecast, released on May 15, 2024 by Michael Penn from Oppenheimer, set a price target of $16.00, which represents a 19.31% increase from the stock price at the time of the forecast ($13.41), and a 48.42% increase from LAND last price ($10.78).
Gladstone Land Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $15.00 |
| Last Closing Price | $10.78 | $10.78 | $10.78 |
| Upside/Downside | -100.00% | -100.00% | 39.15% |
In the current month, the average price target of Gladstone Land stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gladstone Land's last price of $10.78. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 11, 2024 | Alliance Global Partners | Buy | Initialise | |
| May 15, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Feb 22, 2023 | Oppenheimer | Outperform | Upgrade | |
| Feb 24, 2022 | EF Hutton | Buy | Buy | Hold |
Gladstone Land's last stock rating was published by Alliance Global Partners on Jun 11, 2024. The company Initialise its LAND rating from "null" to "Buy".
Gladstone Land Financial Forecast
Gladstone Land Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $24.37M | $23.53M | $21.21M | $21.20M | $24.79M | $24.21M | $20.29M | $19.94M | $22.80M | $19.59M | $16.89M | $16.03M | $15.12M | $13.99M | $12.64M | $15.28M | $13.49M | $11.01M |
| Avg Forecast | $27.45M | $25.52M | $23.71M | $22.73M | $27.57M | $24.32M | $18.74M | $17.88M | $20.94M | $21.92M | $20.14M | $22.31M | $24.22M | $22.38M | $21.50M | $21.83M | $24.52M | $21.96M | $20.62M | $20.90M | $20.65M | $18.14M | $16.64M | $15.24M | $14.60M | $13.74M | $12.70M | $13.78M | $12.17M | $9.92M |
| High Forecast | $30.71M | $28.55M | $26.53M | $25.43M | $30.84M | $27.21M | $20.97M | $18.76M | $22.10M | $21.93M | $20.14M | $22.31M | $25.60M | $23.59M | $24.05M | $24.43M | $27.44M | $21.96M | $20.62M | $20.90M | $20.65M | $18.14M | $16.64M | $15.24M | $14.60M | $13.74M | $12.70M | $13.78M | $12.17M | $9.92M |
| Low Forecast | $24.73M | $22.99M | $21.36M | $20.47M | $24.83M | $21.91M | $16.88M | $17.00M | $19.78M | $21.91M | $20.14M | $22.31M | $22.84M | $21.14M | $19.36M | $19.67M | $22.09M | $21.96M | $20.62M | $20.90M | $20.65M | $18.14M | $16.64M | $15.24M | $14.60M | $13.74M | $12.70M | $13.78M | $12.17M | $9.92M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.05% | 0.99% | 0.97% | 1.01% | 1.10% | 0.98% | 0.95% | 1.10% | 1.08% | 1.02% | 1.05% | 1.04% | 1.02% | 0.99% | 1.11% | 1.11% | 1.11% |
Gladstone Land's average Quarter revenue forecast for Mar 24 based on 1 analysts is $22.31M, with a low forecast of $22.31M, and a high forecast of $22.31M. LAND's average Quarter revenue forecast represents a -8.46% decrease compared to the company's last Quarter revenue of $24.37M (Dec 23).
Gladstone Land EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-34.80M | $9.24M | $9.04M | $18.43M | $17.82M | $19.12M | $15.86M | $16.93M | $16.41M | $14.59M | $11.92M | $12.76M | $10.24M | $10.69M | $8.99M | $12.28M | $9.72M | $8.34M |
| Avg Forecast | $21.30M | $19.80M | $18.40M | $17.63M | $21.39M | $18.87M | $14.54M | $13.88M | $16.25M | $17.01M | $15.63M | $6.42M | $18.79M | $17.37M | $16.68M | $5.84M | $18.06M | $17.07M | $16.03M | $5.31M | $16.05M | $14.10M | $12.94M | $5.62M | $11.35M | $10.68M | $9.87M | $8.19M | $9.46M | $7.71M |
| High Forecast | $23.83M | $22.15M | $20.58M | $19.73M | $23.93M | $21.11M | $16.27M | $14.55M | $17.15M | $17.02M | $15.63M | $7.70M | $19.86M | $18.31M | $18.66M | $7.00M | $21.67M | $17.07M | $16.03M | $6.37M | $16.05M | $14.10M | $12.94M | $6.74M | $11.35M | $10.68M | $9.87M | $9.82M | $9.46M | $7.71M |
| Low Forecast | $19.19M | $17.84M | $16.57M | $15.88M | $19.27M | $17.00M | $13.10M | $13.19M | $15.35M | $17.00M | $15.63M | $5.14M | $17.72M | $16.40M | $15.02M | $4.67M | $14.45M | $17.07M | $16.03M | $4.24M | $16.05M | $14.10M | $12.94M | $4.49M | $11.35M | $10.68M | $9.87M | $6.55M | $9.46M | $7.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.85% | 0.53% | 0.54% | 3.16% | 0.99% | 1.12% | 0.99% | 3.19% | 1.02% | 1.03% | 0.92% | 2.27% | 0.90% | 1.00% | 0.91% | 1.50% | 1.03% | 1.08% |
2 analysts predict LAND's average Quarter EBITDA for Dec 23 to be $18.79M, with a high of $19.86M and a low of $17.72M. This is 103.30% upper than Gladstone Land's previous annual EBITDA (Sep 23) of $9.24M.
Gladstone Land Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-11.25M | - | - | $253.00K | $-5.18M | $-4.67M | $-5.91M | $-5.26M | $-4.43M | $1.50M | $-530.00K | $553.00K | $114.00K | $1.57M | $184.00K | $3.06M | $946.00K | $517.00K |
| Avg Forecast | $1.79M | $-1.43M | $-3.58M | $-3.23M | $430.06K | $-2.65M | $-6.81M | $-6.09M | $-4.09M | $-3.67M | $-4.30M | $-1.46M | $-2.33M | $-3.34M | $-4.75M | $-1.32M | $2.17M | $-2.44M | $-3.88M | $-1.20M | $-1.29M | $-2.01M | $-3.11M | $243.32K | $-1.08M | $-1.34M | $-2.72M | $2.04M | $-1.65M | $-1.34M |
| High Forecast | $2.07M | $-1.25M | $-3.12M | $-2.81M | $496.44K | $-2.31M | $-5.93M | $-761.57K | $-1.86M | $-3.20M | $-3.75M | $-1.17M | $-2.20M | $-2.97M | $-4.14M | $-1.06M | $2.61M | $-2.44M | $-3.88M | $-963.42K | $-1.29M | $-2.01M | $-3.11M | $291.98K | $-1.08M | $-1.34M | $-2.72M | $2.45M | $-1.65M | $-1.34M |
| Low Forecast | $1.56M | $-1.65M | $-4.14M | $-3.72M | $374.56K | $-3.06M | $-7.86M | $-10.66M | $-5.57M | $-4.24M | $-4.96M | $-1.75M | $-2.46M | $-4.09M | $-5.48M | $-1.59M | $1.74M | $-2.44M | $-3.88M | $-1.45M | $-1.29M | $-2.01M | $-3.11M | $194.66K | $-1.08M | $-1.34M | $-2.72M | $1.63M | $-1.65M | $-1.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.83% | - | - | -0.19% | -2.38% | 1.92% | 1.52% | 4.37% | 3.44% | -0.74% | 0.17% | 2.27% | -0.11% | -1.17% | -0.07% | 1.50% | -0.57% | -0.38% |
Gladstone Land's average Quarter net income forecast for Jun 23 is $-4.75M, with a range of $-5.48M to $-4.14M. LAND's average Quarter net income forecast represents a -1976.91% decrease compared to the company's last Quarter net income of $253.00K (Mar 23).
Gladstone Land SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $3.01M | $1.22M | $1.30M | $3.51M | $3.43M | $3.36M | $3.07M | $3.18M | $2.80M | $2.62M | $2.30M | $2.27M | $7.66M | $6.57M | $5.74M | $7.56M | $6.43M | $5.04M |
| Avg Forecast | $3.42M | $3.18M | $2.95M | $2.83M | $3.43M | $3.03M | $2.34M | $2.23M | $2.61M | $2.73M | $2.51M | $610.66K | $3.02M | $2.79M | $2.68M | $555.15K | $3.08M | $3.07M | $2.88M | $504.68K | $2.88M | $2.53M | $2.32M | $996.60K | $2.04M | $1.92M | $1.77M | $5.04M | $1.70M | $1.39M |
| High Forecast | $3.83M | $3.56M | $3.31M | $3.17M | $3.84M | $3.39M | $2.61M | $2.34M | $2.75M | $2.73M | $2.51M | $732.79K | $3.19M | $2.94M | $3.00M | $666.18K | $3.70M | $3.07M | $2.88M | $605.62K | $2.88M | $2.53M | $2.32M | $1.20M | $2.04M | $1.92M | $1.77M | $6.05M | $1.70M | $1.39M |
| Low Forecast | $3.08M | $2.86M | $2.66M | $2.55M | $3.09M | $2.73M | $2.10M | $2.12M | $2.46M | $2.73M | $2.51M | $488.53K | $2.85M | $2.63M | $2.41M | $444.12K | $2.47M | $3.07M | $2.88M | $403.74K | $2.88M | $2.53M | $2.32M | $797.28K | $2.04M | $1.92M | $1.77M | $4.03M | $1.70M | $1.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.44% | 0.49% | 6.32% | 1.11% | 1.09% | 1.07% | 6.31% | 0.97% | 1.03% | 0.99% | 2.27% | 3.76% | 3.42% | 3.23% | 1.50% | 3.78% | 3.64% |
Gladstone Land's average Quarter SG&A projection for Mar 24 is $610.66K, based on 1 Wall Street analysts, with a range of $488.53K to $732.79K. The forecast indicates a -79.69% fall compared to LAND last annual SG&A of $3.01M (Dec 23).
Gladstone Land EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | - | - | $0.01 | $-0.15 | $-0.13 | $-0.17 | $-0.15 | $-0.14 | $0.05 | $-0.12 | $-0.08 | $0.01 | $0.07 | $-0.10 | $0.04 | $0.04 | $0.02 |
| Avg Forecast | $0.05 | $-0.04 | $-0.10 | $-0.09 | $0.01 | $-0.07 | $-0.19 | $-0.17 | $-0.11 | $-0.10 | $-0.12 | $-0.10 | $-0.07 | $-0.09 | $-0.13 | $-0.09 | $-0.07 | $-0.07 | $-0.11 | $-0.06 | $-0.04 | $-0.06 | $-0.09 | $-0.07 | $-0.03 | $-0.04 | $-0.08 | $0.04 | $-0.05 | $-0.04 |
| High Forecast | $0.06 | $-0.03 | $-0.09 | $-0.08 | $0.01 | $-0.06 | $-0.17 | $-0.02 | $-0.05 | $-0.09 | $-0.10 | $-0.09 | $-0.06 | $-0.08 | $-0.12 | $-0.08 | $-0.06 | $-0.07 | $-0.11 | $-0.06 | $-0.04 | $-0.06 | $-0.09 | $-0.07 | $-0.03 | $-0.04 | $-0.08 | $0.04 | $-0.05 | $-0.04 |
| Low Forecast | $0.04 | $-0.05 | $-0.12 | $-0.10 | $0.01 | $-0.09 | $-0.22 | $-0.30 | $-0.16 | $-0.12 | $-0.14 | $-0.12 | $-0.07 | $-0.11 | $-0.15 | $-0.10 | $-0.08 | $-0.07 | $-0.11 | $-0.06 | $-0.04 | $-0.06 | $-0.09 | $-0.07 | $-0.03 | $-0.04 | $-0.08 | $0.04 | $-0.05 | $-0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | - | - | -0.08% | 2.27% | 1.91% | 1.57% | 2.68% | 3.89% | -0.85% | 1.38% | 1.20% | -0.17% | -1.90% | 1.32% | 0.94% | -0.97% | -0.66% |
According to 1 Wall Street analysts, Gladstone Land's projected average Quarter EPS for Jun 23 is $-0.13, with a low estimate of $-0.15 and a high estimate of $-0.12. This represents a -1966.20% decrease compared to LAND previous annual EPS of $0.01 (Mar 23).