Farmland Partners Statistics
Total Valuation
FPI has a market cap or net worth of $539.47 million. The enterprise value is $914.49 million.
| Market Cap | 539.47M |
| Enterprise Value | 914.49M |
Important Dates
The next estimated earnings date is Wednesday, July 24, 2024, after market close.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | Jul 1, 2024 |
Share Statistics
FPI has 48.17 million shares outstanding. The number of shares has decreased by -11.67% in one year.
| Shares Outstanding | 48.17M |
| Shares Change (YoY) | -11.67% |
| Shares Change (QoQ) | -18.16% |
| Owned by Insiders (%) | 10.02% |
| Owned by Institutions (%) | 59.39% |
| Float | 43.17M |
Valuation Ratios
The trailing PE ratio is 21.96 and the forward PE ratio is 6,680.19.
| PE Ratio | 21.96 |
| Forward PE | 6,680.19 |
| PS Ratio | 9.50 |
| Forward PS | n/a |
| PB Ratio | 1.05 |
| P/FCF Ratio | 2.78 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.14, with an EV/FCF ratio of 4.71.
| EV / Earnings | 33.21 |
| EV / Sales | 16.10 |
| EV / EBITDA | 15.14 |
| EV / EBIT | 17.18 |
| EV / FCF | 4.71 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 6.31 |
| Debt / FCF | 1.96 |
| Interest Coverage | 2.34 |
Financial Efficiency
Return on equity (ROE) is 5.30% and return on invested capital (ROIC) is 2.06%.
| Return on Equity (ROE) | 5.30% |
| Return on Assets (ROA) | 2.60% |
| Return on Capital (ROIC) | 2.06% |
| Revenue Per Employee | $2.27M |
| Profits Per Employee | $1.10M |
| Employee Count | 25 |
| Asset Turnover | 0.05 |
| Inventory Turnover | 4.67 |
Taxes
| Income Tax | -156,000 |
| Effective Tax Rate | -0.57% |
Stock Price Statistics
The stock price has decreased by -9.09% in the last 52 weeks. The beta is 0.74, so FPI's price volatility has been lower than the market average.
| Beta (5Y) | 0.74 |
| 52-Week Price Change | -9.09% |
| 50-Day Moving Average | 11.13 |
| 200-Day Moving Average | 11.23 |
| Relative Strength Index (RSI) | 47.59 |
| Average Volume (20 Days) | 326,014 |
Short Selling Information
The latest short interest is 3.32 million, so 6.89% of the outstanding shares have been sold short.
| Short Interest | 3.32M |
| Short Previous Month | 3.36M |
| Short % of Shares Out | 6.89% |
| Short % of Float | 7.69% |
| Short Ratio (days to cover) | 10.98 |
Income Statement
In the last 12 months, FPI had revenue of $56.78 million and earned $27.54 million in profits. Earnings per share was $0.51.
| Revenue | 56.78M |
| Gross Profit | 44.16M |
| Operating Income | 18.31M |
| Pretax Income | 30.46M |
| Net Income | 27.54M |
| EBITDA | 60.41M |
| EBIT | 53.22M |
| Earnings Per Share (EPS) | $0.51 |
Balance Sheet
The company has $6.23 million in cash and $381.25 million in debt, giving a net cash position of -$375.02 million or -$7.79 per share.
| Cash & Cash Equivalents | 6.23M |
| Total Debt | 381.25M |
| Net Cash | -375.02M |
| Net Cash Per Share | -$7.79 |
| Equity (Book Value) | 513.80M |
| Book Value Per Share | 10.67 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $8.95 million and capital expenditures $185.15 million, giving a free cash flow of $194.10 million.
| Operating Cash Flow | 8.95M |
| Capital Expenditures | 185.15M |
| Free Cash Flow | 194.10M |
| FCF Per Share | $4.07 |
Margins
Gross margin is 77.77%, with operating and profit margins of 32.25% and 48.49%.
| Gross Margin | 77.77% |
| Operating Margin | 32.25% |
| Pretax Margin | 53.63% |
| Profit Margin | 48.49% |
| EBITDA Margin | 106.39% |
| EBIT Margin | 93.73% |
| FCF Margin | 341.82% |
Dividends & Yields
This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 2.14%.
| Dividend Per Share | $0.24 |
| Dividend Yield | 2.14% |
| Dividend Growth (YoY) | 0.84% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 47.06% |
| Buyback Yield | 11.67% |
| Shareholder Yield | 13.81% |
| Earnings Yield | 5.10% |
| FCF Yield | 35.98% |
Analyst Forecast
The average price target for FPI is $15.00, which is 33.93% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.00 |
| Price Target Difference | 33.93% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 17, 2014. It was a reverse split with a ratio of 1:4.
| Last Split Date | Oct 17, 2014 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |