Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
12.41
-0.06 (-0.48%)
Nov 20, 2024, 4:00 PM EST - Market closed

Farmland Partners Statistics

Total Valuation

FPI has a market cap or net worth of $608.21 million. The enterprise value is $1.09 billion.

Market Cap 608.21M
Enterprise Value 1.09B

Important Dates

The last earnings date was Wednesday, October 30, 2024, after market close.

Earnings Date Oct 30, 2024
Ex-Dividend Date Jan 2, 2025

Share Statistics

FPI has 49.01 million shares outstanding. The number of shares has increased by 7.69% in one year.

Current Share Class 47.81M
Shares Outstanding 49.01M
Shares Change (YoY) +7.69%
Shares Change (QoQ) +0.09%
Owned by Insiders (%) 9.75%
Owned by Institutions (%) 64.00%
Float 43.14M

Valuation Ratios

The trailing PE ratio is 38.62 and the forward PE ratio is 12.66.

Price/FFO Ratio n/a
Price/AFFO Ratio n/a
PE Ratio 38.62
Forward PE 12.66
PS Ratio 10.14
Forward PS n/a
PB Ratio 1.17
P/TBV Ratio 1.21
P/FCF Ratio 70.05
P/OCF Ratio 70.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.62, with an EV/FCF ratio of 125.63.

EV / Earnings 71.07
EV / Sales 18.66
EV / EBITDA 32.62
EV / EBIT 39.63
EV / FCF 125.63

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.63.

Current Ratio 1.00
Quick Ratio 0.46
Debt / Equity 0.63
Debt / EBITDA 11.66
Debt / FCF 45.20
Interest Coverage 1.28

Financial Efficiency

Return on equity (ROE) is 3.03% and return on invested capital (ROIC) is 1.67%.

Return on Equity (ROE) 3.03%
Return on Assets (ROA) 1.64%
Return on Capital (ROIC) 1.67%
Revenue Per Employee $2.25M
Profits Per Employee $590,308
Employee Count 26
Asset Turnover 0.06
Inventory Turnover 4.16

Taxes

In the past 12 months, FPI has paid $41,000 in taxes.

Income Tax 41,000
Effective Tax Rate 0.22%

Stock Price Statistics

The stock price has increased by +3.68% in the last 52 weeks. The beta is 0.70, so FPI's price volatility has been lower than the market average.

Beta (5Y) 0.70
52-Week Price Change +3.68%
50-Day Moving Average 11.15
200-Day Moving Average 10.95
Relative Strength Index (RSI) 69.54
Average Volume (20 Days) 354,504

Short Selling Information

The latest short interest is 3.41 million, so 6.96% of the outstanding shares have been sold short.

Short Interest 3.41M
Short Previous Month 3.51M
Short % of Shares Out 6.96%
Short % of Float 7.90%
Short Ratio (days to cover) 12.63

Income Statement

In the last 12 months, FPI had revenue of $58.47 million and earned $15.35 million in profits. Earnings per share was $0.32.

Revenue 58.47M
Gross Profit 45.89M
Operating Income 27.52M
Pretax Income 20.74M
Net Income 15.35M
EBITDA 33.44M
EBIT 27.52M
Earnings Per Share (EPS) $0.32
Full Income Statement

Balance Sheet

The company has $8.90 million in cash and $392.49 million in debt, giving a net cash position of -$383.59 million or -$7.83 per share.

Cash & Cash Equivalents 8.90M
Total Debt 392.49M
Net Cash -383.59M
Net Cash Per Share -$7.83
Equity (Book Value) 620.64M
Book Value Per Share 10.60
Working Capital 166,000
Full Balance Sheet

Cash Flow

Operating Cash Flow 8.68M
Capital Expenditures n/a
Free Cash Flow 8.68M
FCF Per Share $0.18
Full Cash Flow Statement

Margins

Gross margin is 78.48%, with operating and profit margins of 47.07% and 31.61%.

Gross Margin 78.48%
Operating Margin 47.07%
Pretax Margin 32.48%
Profit Margin 31.61%
EBITDA Margin 57.20%
EBIT Margin 47.07%
FCF Margin 266.14%

Dividends & Yields

This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 1.93%.

Dividend Per Share $0.24
Dividend Yield 1.93%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 74.70%
Buyback Yield -7.69%
Shareholder Yield -5.76%
Earnings Yield 2.52%
FCF Yield 1.43%
Dividend Details

Analyst Forecast

The average price target for FPI is $15.00, which is 20.87% higher than the current price. The consensus rating is "Buy".

Price Target $15.00
Price Target Difference 20.87%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4