Farmland Partners Inc. (FPI)
Market Cap | 609.19M |
Revenue (ttm) | 58.47M |
Net Income (ttm) | 15.35M |
Shares Out | 49.01M |
EPS (ttm) | 0.32 |
PE Ratio | 38.69 |
Forward PE | 177.57 |
Dividend | $0.24 (1.93%) |
Ex-Dividend Date | Apr 1, 2025 |
Volume | 437,019 |
Open | 12.58 |
Previous Close | 12.51 |
Day's Range | 12.40 - 12.61 |
52-Week Range | 9.70 - 12.87 |
Beta | 0.72 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 19, 2025 |
About FPI
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... [Read more]
Financial Performance
In 2023, Farmland Partners's revenue was $57.47 million, a decrease of -6.19% compared to the previous year's $61.26 million. Earnings were $27.79 million, an increase of 230.75%.
Financial StatementsNews
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Farmland Partners Inc. (FPI) Q4 2024 Earnings Call Transcript
Farmland Partners Inc. (NYSE:FPI) Q4 2024 Results Conference Call February 20, 2025 11:00 AM ET Company Participants Luca Fabbri - President and CEO Christine Garrison - General Counsel Paul Pittman ...
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Farmland Partners Inc. Reports Full Year 2024 Results
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the year ended December 31, 2024. Selected Highlights During the year ended De...
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Farmland Partners Inc. Announces Date for Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the fourth quarter and year ended December 31, 2024, after 5 p.m. ...
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Buy The Dip: High-Conviction High-Yields Getting Way Too Cheap
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Buy Land, They Don't Make It Anymore: 3 'Dirt' Cheap Big Dividends And Buybacks
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Farmland Partners Announces Tax Treatment of 2024 Distributions
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced the tax treatment of our 2024 common stock distributions, as summarized in the following table. Far...
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The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...
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Farmland Partners: Diversification Benefits And An Improving Dividend Profile
Data suggests that Farmland Partners Inc. offers diversification benefits with a weak correlation to major equity and real estate ETFs. The REIT's business model includes leasing agricultural land, se...
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Farmland Partners: AFFO Set To Benefit From Deleveraging In 2025
Farmland Partners executed two significant transactions in Q4 2024 producing proceeds of $308 million and exiting the Florida, South and North Carolina farmland markets. The transaction increases the ...
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3 Big Dividends Backed By High-Quality Assets
Avoid private equity and REITs offering unsustainable high yields; they often rely on risky investments or leverage, leading to potential capital destruction. We prefer to look at the cashflows first ...
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Farmland Partners Declares $1.15 per Share Special Dividend After Strong Year
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that its Board of Directors has declared a one-time dividend of $1.15 per share of common stock and...
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Farmland Partners, Inc. (FPI) Q3 2024 Earnings Call Transcript
Farmland Partners, Inc. (NYSE:FPI) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Christine Garrison - General Counsel Luca Fabbri - President and CEO Paul Pittman...
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Farmland Partners Inc. Reports Third Quarter 2024 Results
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended September 30, 2024. Selected Highlights During the quarter e...
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2 REITs That Remain Undervalued
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Farmland Partners Inc. Announces Date for Third Quarter 2024 Earnings Release and Conference Call
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the quarter ended September 30, 2024, after 5 p.m. (Eastern Time) ...
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Farmland Partners Completes $289 Million Farmland Sale
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today confirmed that the recently announced sale of a portfolio of farmland to Farmland Reserve, Inc. (“Farmland Re...
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These REITs Trade At Premiums, But Should They?
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Farmland Partners Massive Land Sale Demonstrates Asset Value
Farmland Partners' recent sale of 41,554 acres at a 61% premium to USDA values highlights its NAV at $17-$21 per share, well above market price. This sale disproves bear claims, showing FPI's land qua...
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Farmland Partners: Selling A Quarter Of Their Book Confirms 50% Upside To NAV
Farmland Partners offers a compelling investment due to its 30%+ discount to NAV and potential for high long-term returns as a portfolio diversifier. Recent sale of 46 farms for $289 million, with a $...
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Farmland Partners to Sell $289 Million of Farmland to Farmland Reserve, Inc.
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it is selling a portfolio of 46 farms, comprising 41,554 acres of farmland (the “Portfolio”), ...
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My 3 Worst REIT Investments Ever
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Farmland Partners: A Better Alternative To Gold Or Treasuries
Farmland Partners is a farmland REIT with 70% of its land value concentrated in row crop farms, leaving 30% for permanent crop farms. So far in 2024, the REIT has underperformed both real estate ETFs ...
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MWA Vice President Elizabeth Strom Wins Illinois Land Broker of the Year Award
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