Farmland Partners Inc. (FPI)
| Market Cap | 703.62M |
| Revenue (ttm) | 56.40M |
| Net Income (ttm) | 2.96M |
| Shares Out | 55.53M |
| EPS (ttm) | 0.09 |
| PE Ratio | 140.78 |
| Forward PE | 46.51 |
| Dividend | $0.22 (1.74%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 538,475 |
| Open | 12.48 |
| Previous Close | 12.94 |
| Day's Range | 12.43 - 12.75 |
| 52-Week Range | 10.62 - 16.43 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 16.93 (+33.6%) |
| Earnings Date | Oct 25, 2022 |
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 the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected... [Read more...]
Financial Performance
In 2021, FPI's revenue was $51.74 million, an increase of 2.07% compared to the previous year's $50.69 million. Earnings were $9.99 million, an increase of 40.34%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for FPI stock is "Buy." The 12-month stock price forecast is 16.93, which is an increase of 33.62% from the latest price.
News
Short Sellers Upended a Small Farm Real-Estate Company. This Is What It Looked Like.
Farmland Partners' shares plummeted after a report said the company was in trouble. Prosecutors and regulators have been examining what happened.
Farmland Partners (FPI) Boosts Portfolio With Indiana Farm
Farmland Partners' (FPI) Indiana farm to experience strong rental rates and benefit from appreciation.
Farmland Partners Adds First Indiana Farm to Portfolio
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) yesterday purchased 161 acres of cropland in Benton County, Indiana. The corn and soybean farm consists of two contig...
Redeux Energy Exceeding Solar and Storage Project Development Goals and Expanding Team to Propel Growth
DENVER--(BUSINESS WIRE)-- #renewableenergy--Redeux Energy Partners LLC experiences continued momentum in 2022 by exceeding solar and storage project development goals and expanding its team.
Farmland Partners Expands Management and Brokerage Business
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today expanded its asset management portfolio by 4,488 acres and strengthened its brokerage business with the additio...
Farmland Partners Well Positioned as Grain Harvest Nears
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today said that the lower corn and soybean yields in the U.S. Midwest, as reported by Pro Farmer's Midwest Crop Tour ...
New Solar Project to Expand Farmland Partners' Renewable Energy Portfolio, Increase Revenue
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced it received notice that a renewable energy tenant plans to begin construction of a new solar power pr...
Farmland Partners Acquires Two Illinois Farms
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: ) (the “Company” or “FPI”) today announced the acquisition of two Illinois farms totaling 485 acres. The first, a 286-acre farm in Edgar County, wa...
Farmland Is an Inflation Hedge. How to Invest.
Thanks to the proliferation of REITs and ETFs, investing in farms is much easier than it used to be. Sizing up the new crop of instruments.
Farmland Partners Inc. Reports Second Quarter 2022 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, 2022. Selected Q2 2022 Highlights During...
Farmland Partners Inc. Announces Date for Second Quarter 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 quarter ended June 30, 2022, before the U.S. stock market opens ...
Has Farmland Partners (FPI) Outpaced Other Finance Stocks This Year?
Here is how Farmland Partners (FPI) and Investar (ISTR) have performed compared to their sector so far this year.
What's Next in Real Estate? 3 Investors Weigh In
The tides are changing in the real estate market, bringing new opportunities and challenges.
Invest in Farmland with This High-Performing REIT
This top-rated real estate company owns and acquires high-quality North American farmland.
2 REITs That Are Up Despite the Market Being Down
These 2 REITs may help offset some portfolio losses during the current bear market.
Farmland Partners (FPI) on Buying Spree, Acquires Nebraska Farm
With a good productivity track record, the addition of this latest farm, which marks its second acquisition in Hamilton County this month, seems a strategic fit for Farmland Partners (FPI).
Farmland Partners Adds Second Farm in Hamilton County, Nebraska
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) yesterday acquired 158 acres of farmland in Hamilton County, Nebraska – its second purchase in the county this month....
The Smartest Dividend Stock to Buy With $20 Right Now
Farmland Partners is an under-the-radar farmland REIT that has a great shot at being a long-term winner.
Farmland Partners Acquires 280-Acre Corn and Soybean Farm for $3.4 Million
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) yesterday purchased 280 acres of farmland in Illinois for $3.4 million. The corn and soybean farm is located in Will ...
These Under-the-Radar Investments Are Producing Record Breaking Returns
While stocks and crypto tend to get all of the attention in headlines, these lesser-known alternative investments are producing record gains. Alternative investments typically have a very low correlatio...
838-Acre Nebraska Farm Added to Farmland Partners Portfolio
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) on Wednesday completed its seventh farm acquisition of the year when it purchased 838 acres of Nebraska farmland for ...
Farmland Partners to Be Added to the MSCI REIT Index (RMZ)
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it will be included in the Morgan Stanley Capital International (MSCI) US REIT Index (the “RMZ”)...
Farmland Partners: ‘Short and Distort' Class Action Lawsuit Officially Concluded
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that the deadline to appeal has passed with no appeal filed by the plaintiff from the U.S. District C...