American Farmland Company is an internally managed real estate company. The Company owns a portfolio of farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland in development, located in select major agricultural regions in the United States. It operates through four segments: Permanent Crop, Specialty/Vegetable Row Crop, Commodity Row Crop and Development. Permanent Crop consists of its Kimberly Vineyard, Golden Eagle Ranch, Quail Run Vineyard, Blue Heron Farms, Falcon Farms and Kingfisher Ranch properties. Specialty/Vegetable Row Crop consists of its Sandpiper Ranch and Sweetwater Farm properties. Commodity Row Crop consists of its Pleasant Plains Farm, Macomb Farm, Kane County Farms and Tillar Farm. Development consists of its Blue Cypress Farm, Roadrunner Ranch, Condor Ranch (of which over 68 mature acres are subject to participating leases), Grassy Island Groves, Pintail Vineyards and Hawk Creek Ranch properties.
Industry, Sector and Symbol:
- 50 Day Moving Avg: $8.65
- 200 Day Moving Avg: $8.48
- 52 Week Range: $5.65 - $8.70
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -288.33
- P/E Growth: 0.00
- Net Margins: 12.35%
- Return on Equity: 1.47%
- Return on Assets: 0.94%
Frequently Asked Questions for American Farmland Co (NASDAQ:AFCO)
What is American Farmland Co's stock symbol?
American Farmland Co trades on the NASDAQ under the ticker symbol "AFCO."
How often does American Farmland Co pay dividends? What is the dividend yield for American Farmland Co?
American Farmland Co announced a quarterly dividend on Tuesday, November 15th. Stockholders of record on Monday, January 2nd will be paid a dividend of $0.0625 per share on Friday, January 13th. This represents a $0.25 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Wednesday, December 28th. View American Farmland Co's Dividend History.
How were American Farmland Co's earnings last quarter?
American Farmland Co (NASDAQ:AFCO) issued its quarterly earnings data on Monday, November, 14th. The company reported $0.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.01. The company had revenue of $4.50 million for the quarter, compared to analysts' expectations of $2.91 million. American Farmland Co had a net margin of 12.35% and a return on equity of 1.47%. The business's revenue was up 125.0% compared to the same quarter last year. View American Farmland Co's Earnings History.
Where is American Farmland Co's stock going? Where will American Farmland Co's stock price be in 2017?
2 brokerages have issued 12-month price targets for American Farmland Co's shares. Their predictions range from $8.00 to $8.00. On average, they anticipate American Farmland Co's stock price to reach $8.00 in the next twelve months. View Analyst Ratings for American Farmland Co.
Who are some of American Farmland Co's key competitors?
Some companies that are related to American Farmland Co include CBRE Group (CBG), Jones Lang LaSalle Incorporated (JLL), Kennedy-Wilson Holdings (KW), Colliers International Group (CIGI), Nationstar Mortgage Holdings (NSM), SouFun Holdings Limited (SFUN), HFF (HF), Purplebricks Group PLC (PURP), Savills plc (SVS), Marcus & Millichap (MMI), RE/MAX Holdings (RMAX), Altisource Portfolio Solutions S.A. (ASPS), Landmark Infrastructure Partners LP (LMRK), LSL Property Services plc (LSL), Reis (REIS), Leju Holdings Limited (LEJU), Belvoir Lettings PLC (BLV) and HML Holdings plc (HMLH).
How do I buy American Farmland Co stock?
Shares of American Farmland Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Farmland Co's stock price today?
MarketBeat Community Rating for American Farmland Co (NASDAQ AFCO)MarketBeat's community ratings are surveys of what our community members think about American Farmland Co and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of American Farmland Co stock can currently be purchased for approximately $8.65.
Consensus Ratings for American Farmland Co (NASDAQ:AFCO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$8.00 (7.51% downside)|
Analysts' Ratings History for American Farmland Co (NASDAQ:AFCO)
(Data available from 7/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/13/2016||Deutsche Bank AG||Downgrade||Buy -> Hold||$9.00 -> $8.00||N/A|
|9/12/2016||Janney Montgomery Scott||Downgrade||Buy -> Neutral||N/A|
|5/17/2016||Royal Bank Of Canada||Downgrade||Outperform -> Sector Perform||N/A|
|4/17/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Buy||N/A|
|3/23/2016||FBR & Co||Reiterated Rating||Outperform||N/A|
|3/13/2016||Citigroup Inc.||Lower Price Target||Buy||$9.50 -> $8.00||N/A|
|12/4/2015||Raymond James Financial, Inc.||Initiated Coverage||Outperform||$9.00||N/A|
Earnings History for American Farmland Co (NASDAQ:AFCO)Earnings History by Quarter for American Farmland Co (NASDAQ AFCO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/14/2016||Q3 2016||$0.02||$0.03||$2.91 million||$4.50 million||View||N/A|
|8/15/2016||Q2||$0.03||($0.08)||$3.19 million||$3.08 million||View||N/A|
|3/7/2016||Q4||$0.04||$0.02||$2.74 million||$3.05 million||View||N/A|
Earnings Estimates for American Farmland Co (NASDAQ:AFCO)
Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $-0.03 EPS
Dividend History by Quarter for American Farmland Co (NASDAQ AFCO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for American Farmland Co (NASDAQ:AFCO)
Latest Headlines for American Farmland Co (NASDAQ:AFCO)
|Reviewing Landmark Infrastructure Partners (LMRK) & American Farmland (NASDAQ:AFCO)|
www.americanbankingnews.com - July 21 at 7:40 AM
|Meet America's Top Dogs! Seven Courageous Canines Named Finalists For 2017 American Humane Hero Dog Awards®|
www.prnewswire.com - July 12 at 9:00 PM
|South American Travel Company Offers New Unique Way to Discover Remote Destinations|
www.bizjournals.com - July 12 at 8:59 PM
|American Farmland (AFCO) Getting Somewhat Negative News Coverage, Study Finds|
www.americanbankingnews.com - May 4 at 7:56 AM
|Farmland Partners: A 4.8% Dividend With Increases Coming|
seekingalpha.com - March 19 at 6:19 AM
|A Better Diversified Farmland Partners|
seekingalpha.com - February 26 at 10:35 AM
|AMERICAN FARMLAND CO Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisting or F|
biz.yahoo.com - February 8 at 3:26 PM
|Cash Dividend On The Way From American Farmland (AFCO)|
www.thestreet.com - December 27 at 3:41 PM
|Five things you missed from American Ballet Theatre's annual holiday gala|
www.latimes.com - December 8 at 3:32 PM
|Farmland Partners' (FPI) CEO Paul Pittman on Q3 2016 Results - Earnings Call Transcript|
seekingalpha.com - November 3 at 8:42 PM
|INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of American Farmland Company And Encourages Shareholders To Contact The Firm For Additional Information|
finance.yahoo.com - September 15 at 3:20 PM
|AMERICAN FARMLAND COMPANY SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Farmland Partners Inc.|
finance.yahoo.com - September 13 at 3:20 PM
|Lifshitz & Miller Law Firm Announces Investigation of AECOM, American Farmland Company, Centene Corp., Cepheid, Cray Inc., Echo Global Logistics, Inc., Ocular Therapeutix, Inc., and Pure Storage, Inc.|
finance.yahoo.com - September 13 at 3:20 PM
|AMERICAN FARMLAND CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statemen|
biz.yahoo.com - August 27 at 8:07 AM
|American Farmland Says It Will Commence A Review Of Strategic Alternatives, Shares Pop 7%|
feeds.benzinga.com - April 15 at 12:04 PM
American Farmland Co (AFCO) Chart for Friday, July, 21, 2017