Gladstone Land Corporation (NASDAQ:LAND) is a real estate investment trust based in Virginia. The company was founded in 1997 and has raised its dividend for seven years so far.
B. Riley's Craig Kucera just this November raised the price target on shares of Gladstone Land Corporation (NASDAQ:LAND). The analyst also holds a Buy rating on the stock.
The FFO for Gladstone Land Corporation (NASDAQ:LAND) in the third quarter was $0.17, beating estimates by $0.02. The revenue for the company was $19.59 million, up 40.05% year over year and beating estimates by $1.64 million. Gladstone Land Corporation (NASDAQ:LAND) has gained 18.92% in the past six months and 98.05% year to date.
Insider Monkey's data shows that seven hedge funds held stakes in Gladstone Land Corporation (NASDAQ:LAND) in the third quarter of 2021, worth $7.9 million. In the previous quarter, six hedge funds held stakes in the company worth $5.4 million.
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