Farmland Partners Inc. (FPI)
Stock Price: $6.74 USD
-0.06 (-0.88%)
Updated Aug 6, 2020 4:00 PM EDT - Market closed
Stock Price Chart
Key Info
| Market Cap | 214.13M |
| Revenue (ttm) | 54.33M |
| Net Income (ttm) | 14.27M |
| Shares Out | 29.87M |
| EPS (ttm) | 0.05 |
| PE Ratio | 134.80 |
| Forward PE | n/a |
| Dividend | $0.20 |
| Dividend Yield | 2.97% |
Stock Quote
| Trading Day | Aug 6, 2020 |
| Last Price | $6.74 |
| Previous Close | $6.80 |
| Change ($) | -0.06 |
| Change (%) | -0.88% |
| Day's Open | 6.73 |
| Day's Range | 6.71 - 6.82 |
| Day's Volume | 84,702 |
| 52-Week Range | 5.05 - 7.50 |
More Stats
| Market Cap | 214.13M |
| Enterprise Value | 710.53M |
| Earnings Date (est) | Aug 10, 2020 |
| Ex-Dividend Date | Jun 30, 2020 |
| Shares Outstanding | 29.87M |
| Float | 25.29M |
| EPS (basic) | 0.05 |
| EPS (diluted) | 0.05 |
| FCF / Share | 1.39 |
| Dividend | $0.20 |
| Dividend Yield | 2.97% |
| Earnings Yield | 0.74% |
| FCF Yield | 19.18% |
| Payout Ratio | 400.00% |
| Shares Short | 2.81M |
| Short Ratio | 18.05 |
| Short % of Float | 10.96% |
| Beta | 0.67 |
| PE Ratio | 134.80 |
| Forward PE | n/a |
| P/FCF Ratio | 5.21 |
| PS Ratio | 3.94 |
| PB Ratio | 0.88 |
| Revenue | 54.33M |
| Operating Income | 27.11M |
| Net Income | 14.27M |
| Free Cash Flow | 41.07M |
| Net Cash | -496.40M |
| Net Cash / Share | -15.62 |
| Gross Margin | 82.36% |
| Operating Margin | 49.89% |
| Profit Margin | 3.20% |
| FCF Margin | 75.59% |
| ROA | 1.51% |
| ROE | 2.64% |
| ROIC | 2.10% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Consensus: Overweight
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53.56 | 56.07 | 46.22 | 31.00 | 13.76 | 4.22 | 2.35 | 2.12 |
| Revenue Growth | -4.47% | 21.31% | 49.09% | 125.36% | 226.13% | 79.49% | 10.69% | - |
| Gross Profit | 44.74 | 48.11 | 39.96 | 28.62 | 12.65 | 3.97 | 2.31 | 1.94 |
| Operating Income | 26.34 | 29.69 | 22.53 | 15.63 | 6.22 | 0.56 | 1.38 | 1.75 |
| Net Income | 13.89 | 12.25 | 7.91 | 4.30 | 1.23 | -0.57 | 0.03 | 0.59 |
| Shares Outstanding | 30.17 | 32.16 | 31.21 | 13.20 | 9.62 | 4.27 | - | - |
| Earnings Per Share | 0.04 | -0.01 | 0.03 | 0.09 | 0.08 | -0.15 | - | - |
| EPS Growth | - | - | -66.67% | 12.5% | - | - | - | - |
| Dividend Per Share | 0.20 | 0.36 | 0.51 | 0.51 | 0.50 | 0.33 | - | - |
| Dividend Growth | -43.66% | -30.12% | -0.39% | 2.41% | 52.76% | - | - | - |
| Operating Cash Flow | 17.99 | 20.00 | 0.93 | 5.04 | 7.70 | 1.78 | 0.02 | 0.77 |
| Capital Expenditures | 27.56 | 19.11 | -21.58 | -5.67 | -7.57 | -0.05 | -0.50 | -0.44 |
| Free Cash Flow | 45.55 | 39.11 | -20.65 | -0.63 | 0.12 | 1.74 | -0.48 | 0.34 |
| Cash & Equivalents | 12.56 | 16.89 | 53.78 | 52.89 | 24.28 | 34.16 | 0.02 | 0.00 |
| Total Debt | 511 | 524 | 514 | 309 | 187 | 114 | 43.07 | - |
| Net Cash / Debt | -499 | -507 | -460 | -256 | -163 | -79.36 | -43.05 | 0.00 |
| Assets | 1,103 | 1,140 | 1,166 | 656 | 345 | 201 | 39.67 | - |
| Liabilities | 526 | 536 | 530 | 320 | 197 | 117 | 44.39 | - |
| Book Value | 295 | 295 | 324 | 162 | 108 | 66.36 | -4.72 | - |
Numbers in millions USD, except per-share numbers.
Company Profile
Company Details
| Full Name | Farmland Partners Inc. |
| Country | United States |
| Employees | 12 |
| CEO | Paul A. Pittman |
Stock Information
| Ticker Symbol | FPI |
| Stock Exchange | New York Stock Exchange |
| Sector | Real Estate |
| Industry | REIT—Specialty |
| Unique Identifier | NYSE: FPI |
| IPO Date | April 11, 2014 |
Description
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 156,500 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 to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.