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Stock impact report

Gladstone Land Corp (LAND) Q4 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

Gladstone Land Corporation (LAND) 
Last gladstone land corporation earnings: 2/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneland.com
Company Research Source: Yahoo! Finance
Adjusted FFO per Share: $0.09 for Q4 2024, compared to $0.15 in Q4 2023. Annual Adjusted FFO: $16.7 million for 2024, down from $20.3 million in 2023. Annual Dividends Declared per Share: $0.56 in 2024, up from $0.55 in 2023. Net Asset Value per Share: $14.91 as of December 31, 2024, down from $15.57 as of September 30, 2024. Participation Rents: $4.8 million in Q4 2024, up from $3.3 million in Q4 2023. Fixed-Base Cash Rents: Decreased by $4.9 million quarterly and $9.7 million annually. Property Sales: Sold 11 blueberry farms in Michigan and 5 farms in Florida, with a 40% premium on the Florida farms. Debt Repayment: Paid off $23.5 million of loans during the quarter. Liquidity: Access to over $195 million of capital, including $50 million in cash. Dividend Yield: 4.9% based on a stock price of $11.52. Warning! GuruFocus has detected 5 Warning Signs with LAND. Release Date: February 20, 2025 For the complete transcript of the earnings call, please refer to th Show less Read more
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