Gladstone Land (NASDAQ:LAND – Get Free Report) and Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF – Get Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, dividends, valuation, earnings, profitability and analyst recommendations.
Profitability
This table compares Gladstone Land and Automotive Properties Real Estate Investment Trust’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Gladstone Land | 19.77% | 2.46% | 1.29% |
Automotive Properties Real Estate Investment Trust | N/A | N/A | N/A |
Analyst Ratings
This is a breakdown of current ratings for Gladstone Land and Automotive Properties Real Estate Investment Trust, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Gladstone Land | 0 | 2 | 2 | 0 | 2.50 |
Automotive Properties Real Estate Investment Trust | 0 | 0 | 0 | 0 | N/A |
Insider and Institutional Ownership
53.6% of Gladstone Land shares are held by institutional investors. 7.2% of Gladstone Land shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Gladstone Land and Automotive Properties Real Estate Investment Trust”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Gladstone Land | $89.54 million | 5.46 | $14.56 million | $0.06 | 227.50 |
Automotive Properties Real Estate Investment Trust | N/A | N/A | N/A | N/A | N/A |
Gladstone Land has higher revenue and earnings than Automotive Properties Real Estate Investment Trust.
Summary
Gladstone Land beats Automotive Properties Real Estate Investment Trust on 8 of the 8 factors compared between the two stocks.
About Gladstone Land
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land’s farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 20-plus years and harvested annually. Approximately 40% of the Company’s fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land pays monthly distributions to its stockholders and has paid 129 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 32 times over the prior 35 quarters, and the current per-share distribution on its common stock is $0.0464 per month, or $0.5568 per year.
About Automotive Properties Real Estate Investment Trust
Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties.
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