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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Gladstone Land's current 10-Year Share Buyback Ratio was -16.20%.
LAND's 10-Year Share Buyback Ratio is ranked worse than 91.18% of 465
companies
in the REITs industry
Industry Median: -4.1
vs LAND: -16.20
Gladstone Land (NAS:LAND) 10-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Gladstone Land 10-Year Share Buyback Ratio Related Terms
LAND vs FPI, NLCP, SELF: 10-Year Share Buyback Ratio Comparison
For the REIT - Specialty subindustry, Gladstone Land's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gladstone Land 10-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gladstone Land's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Gladstone Land's 10-Year Share Buyback Ratio falls into.
Gladstone Land 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 10-Year Share Buyback Ratio of -16.20 mean?
Gladstone Land (LAND) has a 10-Year Share Buyback Ratio of -16.20 as of Jun. 2026. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Gladstone Land and its competitors. According to the industry distribution chart, Gladstone Land ranks #424 out of 465 companies in the REITs industry, placing it in the top 91.2%.
Is Gladstone Land's 10-Year Share Buyback Ratio too high?
Gladstone Land's current 10-Year Share Buyback Ratio is -16.20. Based on the distribution chart, Gladstone Land ranks #424 out of 465 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Gladstone Land has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Land's 10-Year Share Buyback Ratio compare to FPI and NLCP?
According to the REITs industry distribution chart, Gladstone Land ranks #424 out of 465 companies for 10-Year Share Buyback Ratio. This places Gladstone Land in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year Share Buyback Ratio for a REITs company?
A good 10-Year Share Buyback Ratio depends on the REITs industry context. However, 10-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year Share Buyback Ratio mean?
A high 10-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Gladstone Land and its competitors. Gladstone Land's current 10-Year Share Buyback Ratio is -16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Land stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Land (LAND) is currently considered Fairly Valued. The stock's GF Value™ is $10.43, compared to a current price of $9.83 — trading 5.8% below its estimated fair value. The current 10-Year Share Buyback Ratio is -16.20. Gladstone Land's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year Share Buyback Ratio calculated?
10-Year Share Buyback Ratio is calculated from a company's financial statements. For Gladstone Land (LAND), the current 10-Year Share Buyback Ratio is -16.20 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gladstone Land (LAND) Overvalued in 2026?
Based on GuruFocus' analysis, Gladstone Land stock appears to be undervalued.
The current stock price of $9.83 is trading 5.8% below its estimated GF Value™ of $10.43.
GuruFocus considers Gladstone Land to be Fairly Valued.
Key valuation signals for LAND:
10-Year Share Buyback Ratio: -16.20
GF Value™: $10.43 vs. price of $9.83 (5.8% below fair value)
No single metric tells the full story. See the LAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment: Real Estate Rental Operations. It is focused on the ownership of farms and farm-related properties that are leased on a triple-net basis to tenants with a good operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce or annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also owns farms that grow certain commodity crops (e.g., corn and beans).
62GF Score
Get the complete analysis for LAND
10-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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