Farmland Partners Inc. (FPI)

NYSE: FPI · IEX Real-Time Price · USD
11.08
-0.01 (-0.09%)
Feb 23, 2024, 4:00 PM EST - Market closed
-0.09%
Market Cap 533.90M
Revenue (ttm) 57.70M
Net Income (ttm) 17.05M
Shares Out 48.19M
EPS (ttm) 0.32
PE Ratio 34.63
Forward PE 292.54
Dividend $0.24 (2.14%)
Ex-Dividend Date Dec 29, 2023
Volume 222,482
Open 11.11
Previous Close 11.09
Day's Range 11.06 - 11.24
52-Week Range 9.44 - 13.27
Beta 0.76
Analysts Buy
Price Target 15.00 (+35.38%)
Earnings Date Feb 28, 2024

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 September 30, 2023, the Company owns and/or manages approximately 178,200 acres in 20 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina, Texas, and Virginia. In addition, the Company owns land and ... [Read more]

Sector Real Estate
IPO Date Apr 11, 2014
Employees 28
Stock Exchange NYSE
Ticker Symbol FPI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for FPI stock is "Buy" and the 12-month stock price forecast is $15.0.

Price Target
$15.0
(35.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Farmland Partners Inc. Announces Date for Fourth Quarter and Fiscal Year 2023 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, 2023, after 5 p.m. ...

3 days ago - Business Wire

Farmland Partners Announces Tax Treatment of 2023 Distributions

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced the tax treatment of our 2023 common stock distributions, as summarized in the following table. Far...

12 days ago - Business Wire

Farmland Partners Announces Change to its Board of Directors

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that Murray Wise, the founder of FPI subsidiary Murray Wise Associates LLC (“MWA”), plans to step d...

2 months ago - Business Wire

Colorado Greenhouse and Ranch Go to Market in Ag-Sector Real Estate Sale

--A&G and Murray Wise Associates offer hydroponic grower Spring Born's fully automated, water-saving, high-production facility and 254-acre ranch near Silt and I-70. SILT, Colo.

2 months ago - PRNewsWire

Farmland Partners Asset Appreciation Leads to Declaration of $0.21 per Share Special Dividend

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 $0.21 per share of common stock and...

2 months ago - Business Wire

Farmland Partners, Ducks Unlimited Complete Land Conservation Project in Virginia

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) and Ducks Unlimited (“DU”) announced today that they recently completed the final stage of a three-part conservatio...

3 months ago - Business Wire

Farmland Partners Asset Appreciation Leads to Expected Special Distribution of Between $0.20 and $0.38 per Share

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced an update to its expected special dividend, resulting from the significant appreciation of assets s...

3 months ago - Business Wire

Farmland Partners Inc. Reports Third Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the three and nine months ended September 30, 2023. Selected Highlights During...

4 months ago - Business Wire

Farmland Partners Inc. Announces Date for Third Quarter 2023 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, 2023, after 5 p.m. (Eastern Time) ...

4 months ago - Business Wire

Farmland Partners Announces Several Asset Dispositions at a 17% Gain, and a Farm Acquisition

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it finalized numerous transactions over the third quarter of 2023, including the disposition o...

4 months ago - Business Wire

Farmland Partners Releases First Sustainability Report

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today released a report outlining the Company's environmental, social, and governance (“ESG”) initiatives. “When we...

5 months ago - Business Wire

FPI Provides Update on Recent Storms (No Significant Damage), Strong Lease Renewals, and Increased Sale Transactions for 2023

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today provided business updates on several topics, including recent storms in California and the Southeast, the sta...

5 months ago - Business Wire

Farmland Partners Inc. Reports Second Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the three and six months ended June 30, 2023. Selected Highlights During the q...

7 months ago - Business Wire

Farmland Partners Inc. Announces Date for Second Quarter 2023 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 June 30, 2023, after 5 p.m. (Eastern Time) on We...

7 months ago - Business Wire

Farmland Partners Sells $19.9 Million of Farmland, Acquires $8.85 Million Farm

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it has finalized several farmland transactions, including the disposition of more than 2,750 a...

8 months ago - Business Wire

Farmland Partners Completes $8.9 Million in Farmland Sales at 73% Gain

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it has sold 1,370 acres of farmland stretching across four farms in Arkansas, Georgia, Illinoi...

9 months ago - Business Wire

Farmland Partners Finalizes $16.2 Million in Farmland Sales for a 24% Gain

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it sold 2,426 acres of farmland in Nebraska and South Carolina to the tenants who rented the p...

10 months ago - Business Wire

Farmland Partners Inc. Reports First Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended March 31, 2023. Selected Highlights During the quarter ended...

10 months ago - Business Wire

Farmland Partners Inc. Announces Date for First Quarter 2023 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 March 31, 2023, after 5 p.m. (Eastern Time) on W...

10 months ago - Business Wire

Farmland Partners Sells 862-Acre Arkansas Farm

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it sold 862 acres of farmland in White County, Arkansas, for $3.7 million – an approximate gai...

11 months ago - Business Wire

Jennifer Grafton Joins Farmland Partners Board of Directors

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced the addition of Jennifer Grafton, a business executive with public company Board and executive lead...

1 year ago - Business Wire

Top 5 Real Estate Stocks That Are Set To Fly In March - Alexandria Real Estate (NYSE:ARE), Crown Castle (NYSE:CCI)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: ARECCIFSPGOOD
1 year ago - Benzinga

Farmland Partners Enacts Senior Executive Succession Plan

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that Luca Fabbri has been elevated to the role of Chief Executive Officer and appointed to the Comp...

1 year ago - Business Wire

Farmland Partners Inc. Reports Fourth Quarter and Full Year 2022 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter and year ended December 31, 2022. Selected Fiscal Year 2022 Highli...

1 year ago - Business Wire

Farmland Partners Inc. Announces Date for Fourth Quarter and Fiscal Year 2022 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 fiscal year ended December 31, 2022, after ...

1 year ago - Business Wire