BlackRock Inc. Purchases Shares of 4,162,165 Farmland Partners Inc. $FPI

Key Points

• BlackRock acquired 4.16 million shares of Farmland Partners in the second quarter, valued at approximately $40.3 million, giving it a 9.54% stake. Institutional investors collectively own 58% of the company.
• Farmland Partners reported quarterly EPS of $0.07, exceeding the $0.02 consensus estimate, while revenue reached $9.4 million versus expectations of $5.64 million. The company issued fiscal 2026 EPS guidance of $0.31–$0.35.
• The farmland REIT declared a quarterly dividend of $0.09 per share, equivalent to an annualized $0.36 payout and a 3.4% yield. Analysts maintain a consensus “Hold” rating, while shares recently traded at $10.55.

BlackRock Inc. acquired a new position in Farmland Partners Inc. (NYSE:FPI - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,162,165 shares of the financial services provider's stock, valued at approximately $40,290,000. BlackRock Inc. owned 9.54% of Farmland Partners at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Farmland Partners by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider's stock valued at $293,000 after purchasing an additional 1,092 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Farmland Partners in the first quarter worth $174,000. Jane Street Group LLC acquired a new stake in Farmland Partners during the first quarter worth $1,404,000. Strs Ohio acquired a new stake in Farmland Partners during the first quarter worth $96,000. Finally, Cetera Investment Advisers increased its holdings in Farmland Partners by 6.5% in the 2nd quarter. Cetera Investment Advisers now owns 33,898 shares of the financial services provider's stock valued at $390,000 after buying an additional 2,057 shares during the period. Institutional investors and hedge funds own 58.00% of the company's stock.

Farmland Partners Price Performance

Shares of FPI stock opened at $10.55 on Wednesday. The stock's fifty day simple moving average is $9.80 and its 200 day simple moving average is $10.70. Farmland Partners Inc. has a one year low of $9.21 and a one year high of $13.23. The firm has a market cap of $460.30 million, a price-to-earnings ratio of 20.69 and a beta of 0.68.

Farmland Partners (NYSE:FPI - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. The firm had revenue of $9.40 million during the quarter, compared to analyst estimates of $5.64 million. Farmland Partners had a return on equity of 5.54% and a net margin of 49.85%.Farmland Partners has set its FY 2026 guidance at 0.310-0.350 EPS. On average, research analysts anticipate that Farmland Partners Inc. will post 0.26 earnings per share for the current year.

Farmland Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.4%. Farmland Partners's dividend payout ratio (DPR) is 70.59%.

Analyst Ratings Changes

A number of research firms have recently commented on FPI. Zacks Research downgraded shares of Farmland Partners from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th. Weiss Ratings raised shares of Farmland Partners from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold".

Farmland Partners Company Profile

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company's primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.

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