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FPI

FPI - Farmland Partners Inc Stock Price, Fair Value and News

11.51USD+0.59 (+5.40%)Market Closed

Market Summary

FPI
USD11.51+0.59
Market Closed
5.40%

FPI Stock Price

View Fullscreen

FPI RSI Chart

FPI Valuation

Market Cap

554.3M

Price/Earnings (Trailing)

17.69

Price/Sales (Trailing)

9.76

EV/EBITDA

8.96

Price/Free Cashflow

61.96

FPI Price/Sales (Trailing)

FPI Profitability

EBT Margin

54.98%

Return on Equity

5.95%

Return on Assets

3.04%

Free Cashflow Yield

1.61%

FPI Fundamentals

FPI Revenue

Revenue (TTM)

56.8M

Rev. Growth (Yr)

-5.38%

Rev. Growth (Qtr)

-44.47%

FPI Earnings

Earnings (TTM)

31.3M

Earnings Growth (Yr)

-18.08%

Earnings Growth (Qtr)

-92.27%

Breaking Down FPI Revenue

Last 7 days

0.5%

Last 30 days

-2.6%

Last 90 days

1.4%

Trailing 12 Months

-11%

How does FPI drawdown profile look like?

FPI Financial Health

FPI Investor Care

Dividend Yield

2.09%

Dividend/Share (TTM)

0.24

Buy Backs (1Y)

7.23%

Diluted EPS (TTM)

0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202456.8M000
202360.0M59.2M57.7M57.5M
202254.1M56.4M59.4M61.2M
202150.6M50.1M49.6M51.7M
202054.3M53.9M54.6M50.7M
201955.8M55.3M52.6M53.6M
201850.3M50.2M50.7M56.1M
201733.5M38.9M44.0M46.2M
201616.3M19.5M22.3M31.0M
20155.6M7.7M10.6M13.8M
20142.5M2.7M3.4M4.2M
20132.2M2.2M2.3M2.4M
20120002.1M

Tracking the Latest Insider Buys and Sells of Farmland Partners Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 29, 2024
moore danny d.
acquired
43,160
10.79
4,000
-
Apr 29, 2024
grafton jennifer s
acquired
43,160
10.79
4,000
-
Apr 29, 2024
good john a
acquired
43,160
10.79
4,000
-
Mar 22, 2024
fabbri luca
sold (taxes)
-28,838
10.87
-2,653
president and ceo
Mar 21, 2024
moore danny d.
acquired
10,621
11.03
963
-
Mar 21, 2024
heneghan thomas
acquired
9,993
11.03
906
-
Mar 21, 2024
downey chris a
acquired
13,114
11.03
1,189
-
Mar 04, 2024
garrison christine m.
acquired
-
-
9,308
general counsel and secretary

1–10 of 50

Which funds bought or sold FPI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-164
1,022
-%
May 24, 2024
Cetera Investment Advisers
new
-
275,881
275,881
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-1,380
11,100
-%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-522,912
-
-%
May 16, 2024
Creekmur Asset Management LLC
reduced
-89.33
-17,146
1,801
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-6.18
-100,545
506,682
-%
May 16, 2024
COMERICA BANK
reduced
-7.43
-8,400
39,151
-%
May 16, 2024
Tidal Investments LLC
reduced
-29.22
-90,962
154,557
-%
May 16, 2024
Garner Asset Management Corp
reduced
-6.19
-296,731
4,002,000
1.97%
May 15, 2024
Squarepoint Ops LLC
reduced
-21.62
-92,250
212,299
-%

1–10 of 47

Are Funds Buying or Selling FPI?

Are funds buying FPI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FPI
No. of Funds

Unveiling Farmland Partners Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.78%
4,713,075
SC 13G
Feb 09, 2024
massachusetts financial services co /ma/
5.7%
2,755,880
SC 13G
Feb 09, 2024
global alpha capital management ltd.
4.7%
2,284,069
SC 13G/A
Jan 26, 2024
blackrock inc.
7.9%
3,784,006
SC 13G/A
Oct 10, 2023
pittman paul a
5.3%
2,567,805
SC 13D
Feb 10, 2023
global alpha capital management ltd.
5.3%
2,876,707
SC 13G/A
Feb 03, 2023
blackrock inc.
6.5%
3,543,092
SC 13G
Nov 24, 2021
blackrock inc.
4.7%
2,127,132
SC 13G/A
Nov 10, 2021
blackrock inc.
4.7%
2,127,132
SC 13G/A
Feb 11, 2021
massachusetts financial services co /ma/
0.0%
0
SC 13G/A

Recent SEC filings of Farmland Partners Inc

View All Filings
Date Filed Form Type Document
Jun 07, 2024
3
Insider Trading
May 28, 2024
8-K
Current Report
May 17, 2024
EFFECT
EFFECT
May 08, 2024
S-3
S-3
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
Apr 30, 2024
8-K
Current Report
Apr 29, 2024
8-K
Current Report

Peers (Alternatives to Farmland Partners Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.9B
11.2B
4.77% 2.30%
46.55
8.2
3.63% 50.79%
43.4B
6.8B
-0.37% -12.60%
31.11
6.33
-2.39% -16.60%
28.4B
2.8B
0.90% 5.12%
29.76
10.13
5.72% -6.46%
20.5B
3.0B
-4.13% -5.19%
104.32
6.93
10.44% -73.79%
13.0B
-
-1.81% 1.94%
30.71
7.99
8.93% 11.87%
11.4B
1.4B
1.35% 0.33%
30.21
8.32
10.48% -2.04%
MID-CAP
9.6B
3.3B
-4.45% 9.16%
50.09
2.91
4.82% -75.15%
8.4B
1.2B
-1.57% 6.43%
35.42
7.34
5.48% -38.69%
3.7B
913.7M
4.85% 112.77%
-7.19
4.03
1.13% -307.54%
3.2B
878.0M
-4.51% 31.88%
-9.36
3.65
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-4.58% 8.04%
19.4
3
3.54% 8.91%
1.2B
198.2M
-0.74% -4.62%
-7.32
6.02
-43.33% -308.08%
1.1B
650.2M
-0.65% -6.88%
36.04
1.7
27.93% 140.31%
551.0M
285.4M
-2.93% -40.99%
-4.32
1.93
11.05% 83.70%
445.3M
277.2M
-1.95% -19.02%
-54.3
1.61
25.89% 94.64%

Farmland Partners Inc News

Latest updates
Yahoo Finance UK10 Jun 202404:00 pm
Yahoo Finance17 Apr 202407:00 am

Farmland Partners Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-44.5%12.0022.0012.0012.0013.0022.0013.0012.0014.0020.0010.0010.0012.0018.0011.0011.0012.0022.0010.0011.0011.00
Operating Expenses-38.9%7.0011.0012.009.008.009.008.009.0010.009.009.009.008.008.007.007.006.007.007.007.006.00
  S&GA Expenses-15.6%3.003.003.003.003.003.003.003.003.003.002.002.002.002.001.001.001.002.001.001.001.00
EBITDA Margin0.4%1.08*1.07*0.87*0.75*0.62*0.58*0.69*0.67*0.59*0.65*0.55*----------
Interest Expenses-11.0%5.006.006.006.005.005.004.004.004.004.004.004.004.004.004.004.005.005.005.005.005.00
Income Taxes58.3%0.000.00-0.190.000.000.000.000.00----------0.02---
Earnings Before Taxes-92.0%1.0018.004.008.002.007.001.003.001.0013.00-2.67-2.862.006.001.000.000.0010.00-1.467.000.00
EBT Margin0.3%0.55*0.55*0.36*0.30*0.21*0.20*0.31*0.26*0.17*0.20*0.07*----------
Net Income-92.3%1.0018.004.008.002.007.001.003.001.0013.00-2.67-2.862.006.001.000.000.0010.00-1.467.000.00
Net Income Margin0.2%0.55*0.55*0.36*0.29*0.21*0.20*0.31*0.26*0.17*0.20*0.07*----------
Free Cashflow66.3%12.007.00-3.66-6.4416.008.000.00-1.8710.007.00-6.98----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.9%1,0311,0221,0691,1251,1541,1601,1281,1251,1151,1221,0971,1041,0751,0911,0801,0871,1031,1031,0971,1121,138
    Cash Equivalents13.5%6.005.006.009.0012.008.009.0020.0016.0030.0021.0040.0036.0027.007.0012.0015.0013.009.0022.0019.00
  Goodwill0%3.003.003.003.003.003.003.003.003.003.00-----------
Liabilities3.4%405391439490470456427442487529521523512525527528537526526531546
Shareholder's Equity-0.4%527529529535577594591569510472317323305306294300307314309317328
  Retained Earnings2.0%32.0031.0015.0011.004.004.00-2.19-2.46-4.51-4.74-11.07-5.460.001.00-1.931.004.006.000.005.002.00
  Additional Paid-In Capital0.1%578577580587633647647624563524375373348346333336337338339335348
Shares Outstanding0.3%48.0048.0048.0051.0054.0054.0053.0050.0046.0045.0033.0031.00---------
Float----537---681---334---203---210-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations66.3%11,8977,155-3,662-6,44515,8398,295318-1,87110,3096,618-6,979-3,18911,4069,565179-2,88512,86711,017-5,150-1,70313,830
  Share Based Compensation-1.8%491500475473405345351185642344334334251272271275242267385382394
Cashflow From Investing-124.6%-14,49758,89559,61734,0385,911-34,673-9,222-8,684-7,819-9,629-6,439-27,72025,0196,3975,5647,252-545-2,298-75931,5062,603
Cashflow From Financing105.0%3,339-66,618-61,126-28,594-17,17525,163-1,92414,150-16,55911,809-5,36834,998-27,5724,147-10,233-7,763-9,889-4,721-7,887-26,594-14,174
  Dividend Payments346.9%12,9612,9002,9373,1773,2593,2593,1652,4282,2741,6471,6411,5421,5301,4581,4881,4981,4981,5211,5041,3931,759
  Buy Backs-100.0%-3,5297,17247,09714,591------5002002513,3721,7971,3998231,71412,9266,540
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FPI Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES:  
Rental income$ 10,207$ 10,726
Total operating revenues11,99012,672
OPERATING EXPENSES  
Depreciation, depletion and amortization1,4811,794
Property operating expenses1,7982,182
Cost of goods sold541946
Acquisition and due diligence costs2714
General and administrative expenses2,6272,606
Legal and accounting333244
Other operating expenses3649
Total operating expenses6,8437,835
OTHER (INCOME) EXPENSE:  
Other (income)(120)(11)
(Income) loss from equity method investment(77)27
(Gain) loss on disposition of assets, net86(1,826)
(Income) from forfeited deposits(1,205) 
Interest expense5,0364,924
Total other expense3,7203,114
Net income before income tax (benefit) expense1,4271,723
Income tax expense199
NET INCOME1,4081,714
Net (income) attributable to non-controlling interests in operating partnership(35)(38)
Net income attributable to the Company1,3731,676
Distributions on Series A Preferred Units(743)(803)
Net income available to common stockholders of Farmland Partners Inc.$ 606$ 857
Basic and diluted per common share data:  
Basic net income available to common stockholders$ 0.01$ 0.02
Diluted net income available to common stockholders$ 0.01$ 0.02
Basic weighted average common shares outstanding (in shares)47,70454,007
Diluted weighted average common shares outstanding (in shares)47,70454,007
Dividends declared per common share$ 0.06$ 0.06
Performance Based Unvested Restricted Shares  
OTHER (INCOME) EXPENSE:  
Dividend equivalent rights or nonforfeitable distributions allocated to restricted shares$ (2) 
Time Based Unvested Restricted Shares  
OTHER (INCOME) EXPENSE:  
Dividend equivalent rights or nonforfeitable distributions allocated to restricted shares(22)$ (16)
Crop sales  
OPERATING REVENUES:  
Revenue660360
Other revenue  
OPERATING REVENUES:  
Revenue$ 1,123$ 1,586

FPI Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Land, at cost$ 885,993$ 869,848
Grain facilities12,45912,222
Groundwater11,47211,472
Irrigation improvements41,34541,988
Drainage improvements10,31510,315
Permanent plantings42,28639,620
Other4,6984,696
Construction in progress1,7954,453
Real estate, at cost1,010,363994,614
Less accumulated depreciation(33,596)(33,083)
Total real estate, net976,767961,531
Deposits 426
Cash and cash equivalents6,2285,489
Assets held for sale2628
Loans and financing receivables, net31,17031,020
Right of use asset355399
Accounts receivable, net1,7417,743
Derivative asset1,6021,707
Inventory2,6992,335
Equity method investments4,0534,136
Intangible assets, net2,0302,035
Goodwill2,7062,706
Prepaid and other assets1,6972,447
TOTAL ASSETS1,031,0741,022,002
LIABILITIES  
Mortgage notes and bonds payable, net380,890360,859
Lease liability355399
Dividends payable2,96413,286
Accrued interest4,3764,747
Accrued property taxes2,5231,898
Deferred revenue9,8892,149
Accrued expenses3,6597,854
Total liabilities404,656391,192
Commitments and contingencies (See Note 8)
Redeemable non-controlling interest in operating partnership, Series A preferred units99,743101,970
EQUITY  
Common stock, $0.01 par value, 500,000,000 shares authorized; 48,154,991 shares issued and outstanding at March 31, 2024, and 48,002,716 shares issued and outstanding at December 31, 2023466466
Additional paid in capital577,648577,253
Retained earnings32,04131,411
Cumulative dividends(98,830)(95,939)
Other comprehensive income2,4762,691
Non-controlling interests in operating partnership12,87412,958
Total equity526,675528,840
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS IN OPERATING PARTNERSHIP AND EQUITY$ 1,031,074$ 1,022,002
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 June 30, 2023, the Company owns and/or manages approximately 190,200 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 buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company has 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.
 CEO
 WEBSITEfarmlandpartners.com
 INDUSTRYREIT Mortgage
 EMPLOYEES28

Farmland Partners Inc Frequently Asked Questions


What is the ticker symbol for Farmland Partners Inc? What does FPI stand for in stocks?

FPI is the stock ticker symbol of Farmland Partners Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Farmland Partners Inc (FPI)?

As of Wed Jun 12 2024, market cap of Farmland Partners Inc is 525.85 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FPI stock?

You can check FPI's fair value in chart for subscribers.

What is the fair value of FPI stock?

You can check FPI's fair value in chart for subscribers. The fair value of Farmland Partners Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Farmland Partners Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FPI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Farmland Partners Inc a good stock to buy?

The fair value guage provides a quick view whether FPI is over valued or under valued. Whether Farmland Partners Inc is cheap or expensive depends on the assumptions which impact Farmland Partners Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FPI.

What is Farmland Partners Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, FPI's PE ratio (Price to Earnings) is 16.78 and Price to Sales (PS) ratio is 9.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FPI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Farmland Partners Inc's stock?

In the past 10 years, Farmland Partners Inc has provided 0.011 (multiply by 100 for percentage) rate of return.