Media headlines about Gladstone Land Corporation (NASDAQ:LAND) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gladstone Land Corporation earned a news impact score of 0.09 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.2667199113363 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
Shares of Gladstone Land Corporation (LAND) opened at $13.50 on Wednesday. Gladstone Land Corporation has a 1-year low of $10.35 and a 1-year high of $14.29. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $182.48, a PE ratio of 24.11 and a beta of 0.98.
The business also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Monday, November 20th will be issued a $0.0441 dividend. The ex-dividend date of this dividend is Friday, November 17th. This represents a $0.53 annualized dividend and a yield of 3.92%. Gladstone Land Corporation’s dividend payout ratio (DPR) is currently 1,767.26%.
A number of brokerages have commented on LAND. Zacks Investment Research lowered Gladstone Land Corporation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Ladenburg Thalmann Financial Services restated a “buy” rating and set a $14.00 price objective (up from $13.00) on shares of Gladstone Land Corporation in a research report on Monday, September 18th. They noted that the move was a valuation call. Finally, Hilliard Lyons lowered Gladstone Land Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, November 8th.
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About Gladstone Land Corporation
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.
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