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Farmland Partners NYSE:FPI Stock Report

Last Price

US$10.96

Market Cap

US$537.0m

7D

-0.3%

1Y

6.5%

Updated

27 Mar, 2024

Data

Company Financials +

Farmland Partners Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Farmland Partners
Historical stock prices
Current Share PriceUS$10.96
52 Week HighUS$13.27
52 Week LowUS$9.96
Beta0.77
1 Month Change-0.45%
3 Month Change-15.30%
1 Year Change6.51%
3 Year Change-2.23%
5 Year Change70.19%
Change since IPO-15.56%

Recent News & Updates

Farmland Partners: The Store Of Value Thesis

Mar 20

Recent updates

Farmland Partners: The Store Of Value Thesis

Mar 20

Farmland Partners: Some Structural Merits, But Not Very Compelling At These Levels

Jan 02

Farmland Partners: Why The Strategy Is Not Working

Oct 18

Farmland Partners' ~$18.60 Value Is Obscured By Accounting Intricacies

Aug 15

Farmland Partners: Unique Business But Pricey

Jul 20

Farmland Partners Q4 Earnings: Is The Stock Worth Buying The Dip?

Feb 24

Farmland Partners acquires Illinois Farmland for $2.16M

Feb 03

Farmland Partners: Assessing If A Breakout Is At Hand

Jan 19

Farmland Partners appoints Luca Fabbri as CEO

Nov 08

Farmland Partners Q3 2022 Earnings Preview

Oct 24

Farmland partners purchases two new farms for $3.36M

Oct 12

Farmland Partners Remains A Value Even After Doubling

Sep 14

Farmland Partners: Portfolio Diversifier And Tail Hedge

Sep 02

Farmland Partners sees revenue growth as renewable energy tenant expands solar power portfolio

Aug 24

Farmland Partners acquires two Illinois farms for $6.6M

Aug 03

Farmland Partners Q2 2022 Earnings Preview

Jul 26

Farmland Partners goes ex-dividend tomorrow

Jun 29

Buy Farmland Partners For Its Assets, Not Its Cash Flow

Jun 21

Farmland Partners Inc. (NYSE:FPI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$15.20

May 07
Farmland Partners Inc. (NYSE:FPI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$15.20

Farmland Partners Is Appreciating At Twice The Rate Of Inflation

Apr 25

Beat Inflation With Real Estate: W.P. Carey And Farmland Partners

Apr 03

Farmland Partners To Deliver Exceptional Sharpe Ratio

Jan 18

Farmland Partners Gets Cheap On Misunderstood Preferred Conversion

Oct 18

Shareholder Returns

FPIUS Specialized REITsUS Market
7D-0.3%1.5%0.4%
1Y6.5%4.0%28.8%

Return vs Industry: FPI exceeded the US Specialized REITs industry which returned 3.4% over the past year.

Return vs Market: FPI underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is FPI's price volatile compared to industry and market?
FPI volatility
FPI Average Weekly Movement3.9%
Specialized REITs Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: FPI has not had significant price volatility in the past 3 months.

Volatility Over Time: FPI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201326Luca Fabbrihttps://www.farmlandpartners.com

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand.

Farmland Partners Inc. Fundamentals Summary

How do Farmland Partners's earnings and revenue compare to its market cap?
FPI fundamental statistics
Market capUS$537.01m
Earnings (TTM)US$27.79m
Revenue (TTM)US$57.47m

18.9x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FPI income statement (TTM)
RevenueUS$57.47m
Cost of RevenueUS$13.41m
Gross ProfitUS$44.05m
Other ExpensesUS$16.27m
EarningsUS$27.79m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.58
Gross Margin76.66%
Net Profit Margin48.35%
Debt/Equity Ratio57.2%

How did FPI perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

138%

Payout Ratio

Does FPI pay a reliable dividends?

See FPI dividend history and benchmarks
When do you need to buy FPI by to receive an upcoming dividend?
Farmland Partners dividend dates
Ex Dividend DateMar 28 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend0 days
Days until Dividend pay date18 days

Does FPI pay a reliable dividends?

See FPI dividend history and benchmarks
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