Gladstone Land announces $55M preferred stock repurchase program
Preferred Stock Repurchase Program: Gladstone Land has initiated a $55 million preferred stock repurchase program, with allocations of up to $20 million for Series B Preferred Stock and $35 million for Series C Preferred Stock, set to expire on July 10, 2026.
Financial Performance Insights: The company reported a Funds From Operations (FFO) of $0.06, with revenue of $16.8 million, which fell short by $0.5 million, alongside a noted decline in fixed base rent for 2025.
Trade with 70% Backtested Accuracy
Analyst Views on LAND
About LAND
About the author
Gladstone Land Corporation Sees 28% Earnings Estimate Increase
- Earnings Estimate Boost: Gladstone Land Corporation has seen its Zacks Consensus Estimate increase by 28% over the past 60 days, indicating a significant improvement in profitability that may attract more investor interest.
- Dividend Yield Advantage: The company boasts a dividend yield of 5.9%, surpassing the industry average of 4.8%, making it more appealing to income-focused investors and enhancing its competitive position in the market.
- National Australia Bank Growth: National Australia Bank's Zacks Consensus Estimate has risen by 2.6% in the last 60 days, reflecting strong financial health that could bolster investor confidence.
- Ford Motor Earnings Outlook: Ford Motor Company has experienced a 2.2% increase in its Zacks Consensus Estimate over the past 60 days, with a dividend yield of 4.2%, significantly higher than the industry average of 0.0%, showcasing its robust performance in the automotive sector.
Landis+Gyr Deploys Revelo Platform for PMLP's Smart Grid Management
- Smart Grid Management: Landis+Gyr has signed a contract with PMLP to deploy the Revelo platform, enhancing grid management for 27,000 customers and supporting clean energy projects, which is expected to significantly improve customer engagement and power supply reliability.
- Technology Upgrade: Utilizing the Gridstream®Connect RF Mesh IP network, PMLP will implement AMI 2.0 functionality, enhancing electric vehicle charging options and energy storage capabilities, thereby reducing peak power costs and alleviating stress on the grid.
- Real-Time Data Processing: The Revelo platform streams high-resolution data to support load identification and anomaly detection, enhancing grid edge intelligence, which helps PMLP better manage demand and maintain system reliability.
- Sustainability Commitment: PMLP is focused on addressing energy supply and demand challenges, and the implementation of the Revelo platform will lay the groundwork for modernizing its communications network and expanding clean energy options, driving long-term sustainability.
Top Income Stocks to Consider Purchasing on November 10
Top Stock Picks: Three stocks with strong income characteristics and buy rankings are highlighted: Gladstone Land Corporation (6.0% dividend yield), Lincoln National Corporation (4.4% dividend yield), and Southern Copper Corporation (2.3% dividend yield).
Earnings Growth: Each company has seen an increase in the Zacks Consensus Estimate for current year earnings, with Gladstone Land at 8.7%, Lincoln National at 5.7%, and Southern Copper at 9.8% over the past 60 days.
Investment Opportunities: The article suggests that many of the recommended stocks are under the radar, presenting a chance for investors to capitalize on potential growth, with previous recommendations yielding returns of +171%, +209%, and +232%.
Further Recommendations: Zacks Investment Research offers a free report on the "7 Best Stocks for the Next 30 Days," encouraging investors to explore additional opportunities in the market.
Alexander & Baldwin Holdings, Inc. (ALEX) Reports Q3 FFO Exceeding Expectations
Quarterly Performance: Alexander & Baldwin Holdings, Inc. reported quarterly funds from operations (FFO) of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28, but down from $0.39 per share a year ago. The company has surpassed consensus FFO estimates in all four quarters over the past year.
Revenue Insights: The company posted revenues of $50.25 million for the quarter, missing the Zacks Consensus Estimate by 3.18% and down from $61.94 million year-over-year. It has topped revenue estimates three times in the last four quarters.
Stock Outlook: Alexander & Baldwin Holdings shares have declined by 7.4% since the start of the year, contrasting with the S&P 500's 17.2% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The REIT and Equity Trust - Other industry is currently ranked in the top 34% of Zacks industries, suggesting a favorable outlook. Investors are advised to monitor estimate revisions and industry trends, as they can significantly impact stock performance.
Gladstone Land reports profit from the sale of two farms in Florida.
Property Sale: Gladstone Land Corporation has completed the sale of a property in Florida for $21.5 million.
Investment Return: The sale price reflects a 36% premium over the original purchase price from 10 years ago, yielding a 13% internal rate of return.
Company Updates: Gladstone Land is noted for being a mispriced farmland REIT and has recently shifted to participation rents while maintaining a 6.1% yield.
Dividend Declaration: The company declared a dividend of $0.0467.
Ex-Dividend Date Nearing for These 10 Stocks – Week of August 18, 2025
Dividend Stocks Near 52-Week Lows: This week, several dividend stocks are trading close to their 52-week lows and are approaching their ex-dividend dates, making them potential investment opportunities for those looking to benefit from future payouts.
List of Stocks: A list of ten stocks eligible for dividends includes HRZN, DMA, DOC, JBSS, EQNR, BG, GOOD, GLAD, LAND, and LTC, which can be purchased at discounted prices before their respective ex-dividend dates.
Gladstone Land Corporation Sees 28% Earnings Estimate Increase
- Earnings Estimate Boost: Gladstone Land Corporation has seen its Zacks Consensus Estimate increase by 28% over the past 60 days, indicating a significant improvement in profitability that may attract more investor interest.
- Dividend Yield Advantage: The company boasts a dividend yield of 5.9%, surpassing the industry average of 4.8%, making it more appealing to income-focused investors and enhancing its competitive position in the market.
- National Australia Bank Growth: National Australia Bank's Zacks Consensus Estimate has risen by 2.6% in the last 60 days, reflecting strong financial health that could bolster investor confidence.
- Ford Motor Earnings Outlook: Ford Motor Company has experienced a 2.2% increase in its Zacks Consensus Estimate over the past 60 days, with a dividend yield of 4.2%, significantly higher than the industry average of 0.0%, showcasing its robust performance in the automotive sector.
Landis+Gyr Deploys Revelo Platform for PMLP's Smart Grid Management
- Smart Grid Management: Landis+Gyr has signed a contract with PMLP to deploy the Revelo platform, enhancing grid management for 27,000 customers and supporting clean energy projects, which is expected to significantly improve customer engagement and power supply reliability.
- Technology Upgrade: Utilizing the Gridstream®Connect RF Mesh IP network, PMLP will implement AMI 2.0 functionality, enhancing electric vehicle charging options and energy storage capabilities, thereby reducing peak power costs and alleviating stress on the grid.
- Real-Time Data Processing: The Revelo platform streams high-resolution data to support load identification and anomaly detection, enhancing grid edge intelligence, which helps PMLP better manage demand and maintain system reliability.
- Sustainability Commitment: PMLP is focused on addressing energy supply and demand challenges, and the implementation of the Revelo platform will lay the groundwork for modernizing its communications network and expanding clean energy options, driving long-term sustainability.
Top Income Stocks to Consider Purchasing on November 10
Top Stock Picks: Three stocks with strong income characteristics and buy rankings are highlighted: Gladstone Land Corporation (6.0% dividend yield), Lincoln National Corporation (4.4% dividend yield), and Southern Copper Corporation (2.3% dividend yield).
Earnings Growth: Each company has seen an increase in the Zacks Consensus Estimate for current year earnings, with Gladstone Land at 8.7%, Lincoln National at 5.7%, and Southern Copper at 9.8% over the past 60 days.
Investment Opportunities: The article suggests that many of the recommended stocks are under the radar, presenting a chance for investors to capitalize on potential growth, with previous recommendations yielding returns of +171%, +209%, and +232%.
Further Recommendations: Zacks Investment Research offers a free report on the "7 Best Stocks for the Next 30 Days," encouraging investors to explore additional opportunities in the market.
Alexander & Baldwin Holdings, Inc. (ALEX) Reports Q3 FFO Exceeding Expectations
Quarterly Performance: Alexander & Baldwin Holdings, Inc. reported quarterly funds from operations (FFO) of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28, but down from $0.39 per share a year ago. The company has surpassed consensus FFO estimates in all four quarters over the past year.
Revenue Insights: The company posted revenues of $50.25 million for the quarter, missing the Zacks Consensus Estimate by 3.18% and down from $61.94 million year-over-year. It has topped revenue estimates three times in the last four quarters.
Stock Outlook: Alexander & Baldwin Holdings shares have declined by 7.4% since the start of the year, contrasting with the S&P 500's 17.2% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The REIT and Equity Trust - Other industry is currently ranked in the top 34% of Zacks industries, suggesting a favorable outlook. Investors are advised to monitor estimate revisions and industry trends, as they can significantly impact stock performance.
Gladstone Land reports profit from the sale of two farms in Florida.
Property Sale: Gladstone Land Corporation has completed the sale of a property in Florida for $21.5 million.
Investment Return: The sale price reflects a 36% premium over the original purchase price from 10 years ago, yielding a 13% internal rate of return.
Company Updates: Gladstone Land is noted for being a mispriced farmland REIT and has recently shifted to participation rents while maintaining a 6.1% yield.
Dividend Declaration: The company declared a dividend of $0.0467.
Ex-Dividend Date Nearing for These 10 Stocks – Week of August 18, 2025
Dividend Stocks Near 52-Week Lows: This week, several dividend stocks are trading close to their 52-week lows and are approaching their ex-dividend dates, making them potential investment opportunities for those looking to benefit from future payouts.
List of Stocks: A list of ten stocks eligible for dividends includes HRZN, DMA, DOC, JBSS, EQNR, BG, GOOD, GLAD, LAND, and LTC, which can be purchased at discounted prices before their respective ex-dividend dates.
