Gladstone Land is a holding company. Through its subsidiaries, Co. is an externally-managed, agricultural real estate investment trust that is engaged in the business of owning and leasing farmland. Co.'s farmland is concentrated in locations where farmers are able to grow either fresh produce annual row crops, which are typically planted and harvested annually, or certain permanent crops. To a much lesser extent, Co. also owns farms that grow certain commodity crops. In addition, Co. owns several farm-related facilities that are necessary to the farming operations on the underlying farmland, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. We show 45 historical shares outstanding datapoints in our LAND shares outstanding history coverage, used to compute LAND market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LAND market cap history over the course of time is important for investors
interested in comparing LAND's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LAND versus a peer is one thing; comparing
LAND market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LAND can fluctuate over the course of history.
With this page we aim to empower investors researching LAND by allowing them to research the LAND market cap history. |
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Video: The Importance of Market Cap
