Farmland Partners Company Profile (NYSE:FPI)

About Farmland Partners

Farmland Partners logoFarmland Partners, Inc. is an internally managed real estate company. The Company owns and seeks to acquire primary crop farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP. The Company's principal investment focus is on farmland located in agricultural markets throughout North America, however, it may seek to acquire farmland outside of North America. It also may acquire properties related to farming, such as grain storage facilities, grain elevators, feedlots, processing plants and distribution centers, as well as livestock farms or ranches. The Company owns or has under contract approximately 260 farms with an aggregate of over 108,160 acres (including approximately five farms totaling over 8,590 acres under contract) in Arkansas, Colorado, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, Texas and Virginia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: FPI
  • CUSIP:
Key Metrics:
  • Previous Close: $10.87
  • 50 Day Moving Average: $11.09
  • 200 Day Moving Average: $11.10
  • 52-Week Range: $13,856,000.00 - $10.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 26.51
  • P/E Growth: 0.00
  • Market Cap: $150.61M
  • Outstanding Shares: 13,856,000
  • Beta: 0.19
Profitability:
  • Net Margins: 1.08%
  • Return on Equity: 0.15%
  • Return on Assets: 0.04%
Debt:
  • Current Ratio: 0.07%
  • Quick Ratio: 0.07%
Additional Links:
Companies Related to Farmland Partners:

Analyst Ratings

Consensus Ratings for Farmland Partners (NYSE:FPI) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $11.67 (7.33% upside)

Analysts' Ratings History for Farmland Partners (NYSE:FPI)
Show:
DateFirmActionRatingPrice TargetDetails
12/14/2016WunderlichDowngradeBuy -> Hold$11.50View Rating Details
4/18/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$11.30 -> $11.50View Rating Details
3/17/2016Stifel NicolausLower Price TargetBuy$12.50 -> $12.00View Rating Details
3/16/2016FBR & CoReiterated RatingBuyView Rating Details
12/3/2015Janney Montgomery ScottInitiated CoverageBuy$12.50 -> $12.50View Rating Details
5/19/2015Robert W. BairdLower Price TargetOutperform$15.00 -> $14.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Farmland Partners (NYSE:FPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017$0.03N/AView Earnings Details
11/9/2015Q315$0.05$0.04$3.51 millionViewN/AView Earnings Details
7/28/2015Q215$0.07$0.16$3.29 million$2.88 millionViewListenView Earnings Details
2/27/2015$0.04$0.04ViewN/AView Earnings Details
10/30/2014$0.03$0.06ViewN/AView Earnings Details
8/13/2014$0.07$0.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Farmland Partners (NYSE:FPI)
Current Year EPS Consensus Estimate: $-0.15 EPS
Next Year EPS Consensus Estimate: $0.41 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.11$0.12$0.12
Q2 20161$0.14$0.14$0.14
Q3 20162$0.14$0.15$0.15
Q4 20162$0.14$0.15$0.15
Q1 20172$0.14$0.15$0.15
Q2 20171$0.15$0.15$0.15
Q3 20171$0.16$0.16$0.16
Q4 20171$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Farmland Partners (NYSE:FPI)
Annual Dividend:$0.51
Dividend Yield:4.69%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-299.98% (Based on Trailing 12 Months of Earnings)
-340.00% (Based on Current Year Consensus EPS Estimate)
124.39% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Farmland Partners (NYSE:FPI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2016quarterly$0.135.06%12/28/20161/2/20171/13/2017
8/5/2016quarterly$0.134.35%9/28/20169/30/201610/14/2016
5/10/2016quarterly$0.134.57%6/29/20167/1/20167/15/2016
3/16/2016quarterly$0.134.76%3/30/20164/1/20164/15/2016
11/24/2015quarterly$0.134.61%12/30/20151/4/20161/15/2016
8/13/2015quarterly$0.134.72%9/29/201510/1/201510/15/2015
6/4/2015quarterly$0.134.62%6/29/20157/1/20157/15/2015
3/2/2015quarterly$0.124.12%3/30/20154/1/20154/15/2015
11/20/2014quarterly$0.124.26%12/30/20141/2/20151/15/2015
8/12/2014quarterly$0.113.85%9/29/201410/1/201410/15/2014
5/20/2014quarterly$0.116/27/20147/1/20147/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Farmland Partners (NYSE:FPI)
Insider Ownership Percentage: 11.02%
Institutional Ownership Percentage: 35.89%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2016Paul A PittmanInsiderBuy33,600$10.42$350,112.00View SEC Filing  
8/24/2015Paul A. PittmanCEOBuy1,000$10.26$10,260.00View SEC Filing  
3/31/2015Paul A PittmanCEOBuy2,000$11.64$23,280.00View SEC Filing  
3/30/2015Paul A PittmanCEOBuy1,101$11.58$12,749.58View SEC Filing  
3/9/2015Paul A PittmanCEOBuy1,500$11.00$16,500.00View SEC Filing  
10/31/2014Paul A PittmanCEOBuy1,000$10.40$10,400.00View SEC Filing  
9/30/2014Paul A PittmanCEOBuy1,000$10.95$10,950.00View SEC Filing  
8/26/2014Paul A PittmanCEOBuy5,550$11.51$63,880.50View SEC Filing  
8/21/2014Paul A PittmanCEOBuy1,950$11.66$22,737.00View SEC Filing  
8/20/2014Paul A PittmanCEOBuy8,000$11.15$89,200.00View SEC Filing  
8/18/2014Dean JerniganDirectorBuy10,000$11.32$113,200.00View SEC Filing  
8/15/2014Chris A DowneyDirectorBuy20,000$10.75$215,000.00View SEC Filing  
8/15/2014Luca FabbriCFOBuy2,000$10.75$21,500.00View SEC Filing  
6/10/2014Paul A PittmanCEOBuy1,800$13.00$23,400.00View SEC Filing  
6/6/2014Paul A PittmanCEOBuy1,000$13.11$13,110.00View SEC Filing  
6/5/2014Paul A PittmanCEOBuy2,000$13.06$26,120.00View SEC Filing  
6/4/2014Paul A PittmanCEOBuy2,000$13.15$26,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Farmland Partners (NYSE:FPI)
DateHeadline
marketexclusive.com logoFARMLAND PARTNERS INC. (NYSE:FPI) Files An 8-K Completion of Acquisition or Disposition of Assets - Market Exclusive (NYSE:FPI)
marketexclusive.com - February 18 at 4:52 PM
seekingalpha.com logoFarmland Is Currently Not An Attractive Investment - Seeking Alpha (NYSE:FPI)
seekingalpha.com - February 17 at 3:51 PM
prnewswire.com logoFarmland Partners Inc. Announces Date for Fourth Quarter and Fiscal Year 2016 Earnings Release and Conference Call - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - February 17 at 3:51 PM
capitalcube.com logoFarmland Partners, Inc. breached its 50 day moving average in a Bearish Manner : FPI-US : February 16, 2017 (NYSE:FPI)
www.capitalcube.com - February 16 at 5:13 PM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a Direct F (NYSE:FPI)
biz.yahoo.com - February 16 at 5:13 PM
capitalcube.com logoFarmland Partners, Inc. : FPI-US: Dividend Analysis : January 02nd, 2017 (record date) : By the numbers : February 16, 2017 (NYSE:FPI)
www.capitalcube.com - February 16 at 5:13 PM
finance.yahoo.com logoFarmland Partners Inc. Announces Date for Fourth Quarter and Fiscal Year 2016 Earnings Release and Conference Call (NYSE:FPI)
finance.yahoo.com - February 16 at 5:13 PM
News IconShares Escalate Higher Mid-Session: Farmland Partners Inc. (NYSE ... - Aiken Advocate (NYSE:FPI)
aikenadvocate.com - February 13 at 6:06 PM
News IconVolatile Stock Causing a Fracas Mid-Session: Farmland Partners Inc. (NYSE:FPI) - Aiken Advocate (NYSE:FPI)
aikenadvocate.com - February 13 at 6:06 PM
seekingalpha.com logoCreate Wealth By Investing In Farmland - Seeking Alpha (NYSE:FPI)
seekingalpha.com - February 13 at 6:06 PM
prnewswire.com logoFarmland Partners Inc. Announces Conference Call to Discuss Financial Benefits of Recent Merger - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - February 10 at 3:58 AM
finance.yahoo.com logoFarmland Partners Inc. Announces Conference Call to Discuss Financial Benefits of Recent Merger (NYSE:FPI)
finance.yahoo.com - February 9 at 5:56 PM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:FPI)
biz.yahoo.com - February 9 at 5:56 PM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or D (NYSE:FPI)
biz.yahoo.com - February 8 at 5:51 PM
News IconLargest Public Farmland Real Estate Investment Trust Formed (NYSE:FPI)
www.agprofessional.com - February 6 at 5:18 PM
prnewswire.com logoFarmland Partners Inc. Completes Merger with American Farmland Company - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - February 3 at 5:39 PM
finance.yahoo.com logoFarmland Partners Inc. Completes Merger with American Farmland Company (NYSE:FPI)
finance.yahoo.com - February 2 at 5:48 PM
News IconFarmland: Shareholders Of 2 Major REITs – 220 Square Miles In Total (NYSE:FPI)
agfax.com - January 31 at 10:59 PM
4-traders.com logoFARMLAND PARTNERS INC. : Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits (form 8-K) (NYSE:FPI)
www.4-traders.com - January 31 at 5:58 PM
finance.yahoo.com logoFarmland Partners Inc. and American Farmland Company Stockholders Approve Merger - Expected to Close … (NYSE:FPI)
finance.yahoo.com - January 31 at 5:58 PM
seekingalpha.com logoFarmland Partners Inc (FPI) (NYSE:FPI)
seekingalpha.com - January 31 at 5:58 PM
us.rd.yahoo.com logoFarmland Partners Inc. and American Farmland Company Stockholders Approve Merger - Expected to Close on February 2, 2017 (NYSE:FPI)
us.rd.yahoo.com - January 31 at 5:58 PM
News IconFarmland Partners Inc. (NYSE:FPI) – Latest Broker Consensus - NewsDen (NYSE:FPI)
newsden.net - January 31 at 4:02 AM
News IconWhat are Brokerage Firms Saying About Farmland Partners Inc (NYSE:FPI)? - Aiken Advocate (NYSE:FPI)
aikenadvocate.com - January 31 at 4:02 AM
News IconAre Insiders Bumping Up Their Positions in Farmland Partners Inc. (NYSE:FPI) - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 31 at 4:02 AM
News IconInvestor Lookout: Technical Indicator Watch for Farmland Partners Inc. (FPI) - Market Point (NYSE:FPI)
mtptnews.com - January 26 at 3:21 PM
News IconEarnings in Full Force, Analysts Take Aim at Farmland Partners Inc (NYSE:FPI) - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 24 at 11:01 PM
News IconChecking the Charts for Farmland Partners Inc. (FPI) - Springdale Times (NYSE:FPI)
springdaletimes.com - January 23 at 5:40 PM
News IconAre Insiders Filling Their Own Pockets With Shares? Insider Update on Farmland Partners Inc. (NYSE:FPI) - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 23 at 5:40 PM
News IconStock to Watch: Farmland Partners Inc. (FPI) - Sherwood Daily (NYSE:FPI)
sherwooddaily.com - January 18 at 5:43 PM
News IconAnalyst Consensus Estimates & Projections are in For Shares of Farmland Partners Inc (NYSE:FPI) - Aiken Advocate (NYSE:FPI)
aikenadvocate.com - January 17 at 7:30 AM
News IconTechnical Study: Following Indicators for Farmland Partners Inc. (FPI) - Springdale Times (NYSE:FPI)
springdaletimes.com - January 17 at 7:30 AM
News IconTracking Corporate Insiders: What Are They Doing With Farmland Partners Inc. (NYSE:FPI) - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 17 at 7:30 AM
News IconWill The Needle Move For Farmland Partners Inc (NYSE:FPI) Shares This Earnings Season? - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 17 at 7:30 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Farmland Partners Inc (NYSE:FPI) - Wall Street Beacon (NYSE:FPI)
wsbeacon.com - January 14 at 4:17 AM
capitalcube.com logoETFs with exposure to Farmland Partners, Inc. : January 9, 2017 (NYSE:FPI)
www.capitalcube.com - January 9 at 6:06 PM
streetinsider.com logoForm 425 American Farmland Co Filed by: Farmland Partners Inc. - StreetInsider.com (NYSE:FPI)
www.streetinsider.com - January 5 at 6:11 PM
News IconFarmland Partners Acquires 8,638 Acres of Illinois Farmland at Auction for $55 Million (NYSE:FPI)
www.landreport.com - January 3 at 12:10 PM
seekingalpha.com logoFarmland Partners: Up The River Without A Paddle - Seeking Alpha (NYSE:FPI)
seekingalpha.com - December 30 at 5:41 PM
seekingalpha.com logoFarmland Partners: Up The River Without A Paddle (NYSE:FPI)
seekingalpha.com - December 29 at 3:16 AM
nasdaq.com logoFarmland Partners Inc. (FPI) Ex-Dividend Date Scheduled for December 28, 2016 - Nasdaq (NYSE:FPI)
www.nasdaq.com - December 28 at 11:27 AM
capitalcube.com logoETFs with exposure to Farmland Partners, Inc. : December 27, 2016 (NYSE:FPI)
www.capitalcube.com - December 27 at 5:25 PM
marketexclusive.com logoAnalyst Downgrades – Farmland Partners (NYSE:FPI) Stock Gets Downgraded By Wunderlich from Buy to Hold (NYSE:FPI)
marketexclusive.com - December 14 at 4:17 PM
finance.yahoo.com logoFarmland Partners Inc. Announces Agreement to Acquire 8,638 Acres of Illinois Farmland for $55.3 Million (NYSE:FPI)
finance.yahoo.com - December 14 at 4:17 PM
capitalcube.com logoETFs with exposure to Farmland Partners, Inc. : December 14, 2016 (NYSE:FPI)
www.capitalcube.com - December 14 at 4:17 PM
businesswire.com logoFarmers Edge Partners with Great Plains Precision Ag, Inc. to Empower More U.S. Growers with Comprehensive Precision Data (NYSE:FPI)
www.businesswire.com - December 8 at 10:20 AM
News IconRegistration Statement for Securities to Be Issued in Business Combination Transactions (s-4/a) (NYSE:FPI)
ih.advfn.com - December 6 at 5:29 PM
marketexclusive.com logoFARMLAND PARTNERS INC. (NYSE:FPI) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NYSE:FPI)
marketexclusive.com - December 6 at 11:00 AM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhib (NYSE:FPI)
biz.yahoo.com - December 6 at 11:00 AM
News IconTrading Review: Technical Survey on Shares of Farmland Partners Inc. (FPI) - StockTalk Daily (NYSE:FPI)
stocktalkdaily.com - December 5 at 5:52 PM

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What is Farmland Partners' stock symbol?

Farmland Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "FPI."

How often does Farmland Partners pay dividends? What is the dividend yield for Farmland Partners?

Farmland Partners announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Monday, January 2nd will be given a dividend of $0.1275 per share on Friday, January 13th. This represents a $0.51 annualized dividend and a yield of 4.69%. The ex-dividend date is Wednesday, December 28th.

Where is Farmland Partners' stock going? Where will Farmland Partners' stock price be in 2017?

4 brokerages have issued 12 month price objectives for Farmland Partners' stock. Their predictions range from $11.50 to $12.00. On average, they anticipate Farmland Partners' stock price to reach $11.67 in the next year.

When will Farmland Partners announce their earnings?

Farmland Partners is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Farmland Partners stock?

Farmland Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baird Financial Group Inc. (1.67%), State Street Corp (1.19%), Bard Associates Inc. (0.80%), GLG Partners LP (0.76%), Ladenburg Thalmann Financial Services Inc. (0.32%) and Wesbanco Bank Inc. (0.25%).

Who sold Farmland Partners stock? Who is selling Farmland Partners stock?

Farmland Partners' stock was sold by a variety of institutional investors in the last quarter, including GLG Partners LP and Bard Associates Inc..

Who bought Farmland Partners stock? Who is buying Farmland Partners stock?

Farmland Partners' stock was acquired by a variety of institutional investors in the last quarter, including Wesbanco Bank Inc., State Street Corp, First Republic Investment Management Inc., Parallel Advisors LLC, Asset Management One Co. Ltd., Baird Financial Group Inc. and Ladenburg Thalmann Financial Services Inc..

How do I buy Farmland Partners stock?

Shares of Farmland Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Farmland Partners stock cost?

One share of Farmland Partners stock can currently be purchased for approximately $10.87.

Farmland Partners (NYSE:FPI) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Farmland Partners (NYSE:FPI)

Earnings History Chart

Earnings by Quarter for Farmland Partners (NYSE:FPI)

Dividend History Chart

Dividend Payments by Quarter for Farmland Partners (NYSE:FPI)

Last Updated on 2/20/2017 by MarketBeat.com Staff