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0 0.00207097418295531 0.00248351884091446 0.000833340209077596 0.00413369747275132 0.00908423336826205 0.0165100372115281 0.0206354837911204
Stock impact report

Gladstone Land Q4 Earnings Call Highlights [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
million in gains) and is considering additional sales with proceeds to pay down debt and repurchase higher-cost preferred stock. Leasing and operations shift: Management is moving toward reduced fixed rents and greater crop-share participation on permanent crops and directly operating select farms, which cut fixed base rents ~ $19.8M for the year, raised participation rents ~ $10.6M , and contributed to pressure on year-over-year AFFO. Financing and acquisition stance: Acquisitions are on hold amid elevated cost of capital despite about $85 million of available cash, $185 million of unpledged properties, mostly fixed-rate debt at a 3.39% average, and ~ $160 million of loans scheduled to reprice in the next 12 months. Interested in Gladstone Land Corporation? Here are five stocks we like better. 3 Under-the-Radar AI Infrastructure Stocks Powering the Next Buildout Gladstone Land (NASDAQ:LAND) management highlighted a year marked by portfolio reshaping, leasing changes for ce Show less Read more
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