Farmland Partners Company Profile (NYSE:FPI)

About Farmland Partners (NYSE:FPI)

Farmland Partners logoFarmland Partners, Inc. is an internally managed real estate company. The Company owns and seeks to acquire 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 Operating Partnership). All of the Company's assets are held by, and its operations are primarily conducted through, the Operating Partnership and the subsidiaries of the Operating Partnership. 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, cold storage facilities, processing plants and distribution centers, as well as livestock farms or ranches. As of December 31, 2016, the Company owned approximately 115,489 acres, as well as eight grain storage facilities.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $319.13 million
  • Outstanding Shares: 32,106,000
Average Prices:
  • 50 Day Moving Avg: $10.62
  • 200 Day Moving Avg: $10.94
  • 52 Week Range: $9.53 - $11.98
P/E:
  • Trailing P/E Ratio: 584.71
  • Foreward P/E Ratio: 32.06
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $33.46 million
  • Price / Sales: 9.54
  • Book Value: $10.03 per share
  • Price / Book: 0.99
Dividend:
  • Annual Dividend: $0.51
  • Dividend Yield: 5.2%
Profitability:
  • EBIDTA: $20 million
  • Net Margins: 1.08%
  • Return on Equity: 0.15%
  • Return on Assets: 0.04%
Debt:
  • Current Ratio: 0.07%
  • Quick Ratio: 0.07%
Misc:
  • Average Volume: 228,887 shs.
  • Beta: 0.19
  • Short Ratio: 2.98
 

Frequently Asked Questions for Farmland Partners (NYSE:FPI)

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, February 23rd. Investors of record on Saturday, April 1st will be given a dividend of $0.1275 per share on Friday, April 14th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend is Wednesday, March 29th. View Farmland Partners' Dividend History.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc (NYSE:FPI) announced its earnings results on Monday, May, 8th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.15. The firm had revenue of $7.15 million for the quarter, compared to the consensus estimate of $9.34 million. Farmland Partners had a return on equity of 0.15% and a net margin of 1.08%. View Farmland Partners' Earnings History.

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

1 brokers have issued 12 month price objectives for Farmland Partners' shares. Their predictions range from $11.50 to $11.50. On average, they anticipate Farmland Partners' stock price to reach $11.50 in the next twelve months. View Analyst Ratings for Farmland Partners.

Who are some of Farmland Partners' key competitors?

Who owns Farmland Partners stock?

Farmland Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.12%), Uniplan Investment Counsel Inc. (3.74%), Morgan Stanley (2.80%), UBS Group AG (2.67%), Shufro Rose & Co. LLC (2.54%) and Forward Management LLC (2.00%). Company insiders that own Farmland Partners stock include Chris A Downey, Dennie Dixon Boardman, Erica Borenstein, John C Conrad and Paul A Pittman. View Institutional Ownership Trends for Farmland Partners.

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 Gilman Hill Asset Management LLC, JPMorgan Chase & Co., Granite Investment Partners LLC, Baird Financial Group Inc., Parametric Portfolio Associates LLC, UBS Group AG and Schnieders Capital Management LLC. View Insider Buying and Selling for Farmland Partners.

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 Vanguard Group Inc., Morgan Stanley, Shufro Rose & Co. LLC, Bank of New York Mellon Corp, Geode Capital Management LLC, Thrivent Financial For Lutherans, Tocqueville Asset Management L.P. and Credit Suisse AG. Company insiders that have bought Farmland Partners stock in the last two years include Chris A Downey, Erica Borenstein, John C Conrad and Paul A Pittman. View Insider Buying and Selling for Farmland Partners.

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 $9.94.

Analyst Ratings

Consensus Ratings for Farmland Partners (NYSE:FPI) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.50 (15.69% upside)

Analysts' Ratings History for Farmland Partners (NYSE:FPI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/14/2016WunderlichDowngradeBuy -> Hold$11.50N/AView Rating Details
4/18/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$11.30 -> $11.50N/AView Rating Details
3/17/2016Stifel NicolausLower Price TargetBuy$12.50 -> $12.00N/AView Rating Details
3/16/2016FBR & CoReiterated RatingBuyN/AView Rating Details
12/3/2015Janney Montgomery ScottInitiated CoverageBuy$12.50 -> $12.50N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Farmland Partners (NYSE:FPI)
Earnings by Quarter for Farmland Partners (NYSE:FPI)
Earnings History by Quarter for Farmland Partners (NYSE:FPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/20173/31/2017$0.05($0.10)$9.34 million$7.15 millionViewListenView Earnings Details
2/22/2017Q416$0.03$0.26$7.09 million$13.33 millionViewN/AView Earnings Details
11/2/2016Q316$0.03($0.06)$6.33 million$6.95 millionViewN/AView Earnings Details
5/9/2016Q1 2016$0.03($0.15)$5.55 million$4.69 millionViewN/AView Earnings Details
11/9/2015Q315$0.05$0.04$3.57 million$4.17 millionViewN/AView Earnings Details
5/5/2015Q215$0.07$0.16$3.29 million$2.88 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Farmland Partners (NYSE:FPI)
2017 EPS Consensus Estimate: $0.47
2018 EPS Consensus Estimate: $0.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.08$0.08$0.08
Q2 20171$0.08$0.08$0.08
Q3 20171$0.09$0.09$0.09
Q4 20171$0.22$0.22$0.22
Q1 20181$0.09$0.09$0.09
Q2 20181$0.10$0.10$0.10
Q3 20181$0.11$0.11$0.11
Q4 20181$0.26$0.26$0.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Farmland Partners (NYSE:FPI)
Most Recent Dividend:4/14/2017
Annual Dividend:$0.51
Dividend Yield:5.13%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-299.98% (Trailing 12 Months of Earnings)
340.00% (Based on This Year's Estimates)
164.52% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Farmland Partners (NYSE:FPI)

Dividend History by Quarter for Farmland Partners (NYSE:FPI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/23/2017quarterly$0.134.46%3/29/20174/1/20174/14/2017
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 and Institutional Ownership History for Farmland Partners (NYSE:FPI)
Insider Ownership Percentage: 11.02%
Institutional Ownership Percentage: 35.89%
Insider Trades by Quarter for Farmland Partners (NYSE:FPI)
Institutional Ownership by Quarter for Farmland Partners (NYSE:FPI)
Insider Trades by Quarter for Farmland Partners (NYSE:FPI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Paul A PittmanCEOBuy2,200$9.76$21,472.00View SEC Filing  
5/18/2017Erica BorensteinGeneral CounselBuy2,000$9.59$19,180.00View SEC Filing  
5/16/2017Dennie Dixon BoardmanDirectorSell1,483$9.96$14,770.68View SEC Filing  
5/16/2017Paul A PittmanCEOBuy2,500$10.00$25,000.00View SEC Filing  
5/15/2017Paul A PittmanCEOBuy2,000$10.25$20,500.00View SEC Filing  
5/12/2017Paul A PittmanCEOBuy2,000$10.25$20,500.00View SEC Filing  
5/11/2017Paul A PittmanCEOBuy2,000$10.35$20,700.00View SEC Filing  
4/17/2017Chris A DowneyDirectorBuy502$11.14$5,592.28View SEC Filing  
3/28/2017Paul A PittmanCEOBuy1,000$10.90$10,900.00View SEC Filing  
3/13/2017Erica BorensteinGeneral CounselBuy1,000$10.50$10,500.00View SEC Filing  
3/9/2017Paul A PittmanCEOBuy2,000$10.70$21,400.00View SEC Filing  
3/3/2017Erica BorensteinGeneral CounselBuy1,000$11.00$11,000.00View SEC Filing  
3/3/2017Paul A PittmanCEOBuy600$11.00$6,600.00View SEC Filing  
3/1/2017John C ConradDirectorBuy500$11.34$5,670.00View SEC Filing  
2/28/2017Paul A PittmanCEOBuy1,200$11.34$13,608.00View SEC Filing  
2/27/2017Paul A PittmanCEOBuy1,000$11.45$11,450.00View SEC Filing  
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

Headline Trends for Farmland Partners (NYSE:FPI)
Latest Headlines for Farmland Partners (NYSE:FPI)
Source:
DateHeadline
americanbankingnews.com logoPaul A. Pittman Buys 2,200 Shares of Farmland Partners Inc (FPI) Stock
www.americanbankingnews.com - May 23 at 8:35 PM
americanbankingnews.com logoInsider Buying: Farmland Partners Inc (FPI) General Counsel Acquires 2,000 Shares of Stock
www.americanbankingnews.com - May 22 at 8:36 PM
americanbankingnews.com logoFarmland Partners Inc (FPI) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 19 at 9:02 PM
americanbankingnews.com logoFarmland Partners Inc (FPI) CEO Buys $25,000.00 in Stock
www.americanbankingnews.com - May 17 at 8:34 PM
americanbankingnews.com logoDennie Dixon Boardman Sells 1,483 Shares of Farmland Partners Inc (FPI) Stock
www.americanbankingnews.com - May 17 at 8:34 PM
americanbankingnews.com logoInsider Buying: Farmland Partners Inc (FPI) CEO Purchases 2,000 Shares of Stock
www.americanbankingnews.com - May 16 at 8:44 PM
finance.yahoo.com logoShould You Get Rid of FARMLAND PARTNERS (FPI) Now?
finance.yahoo.com - May 16 at 11:42 AM
americanbankingnews.com logoFarmland Partners Inc (FPI) CEO Paul A. Pittman Buys 2,000 Shares
www.americanbankingnews.com - May 15 at 10:34 PM
americanbankingnews.com logoFarmland Partners Inc (FPI) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 14 at 2:37 PM
americanbankingnews.com logoFarmland Partners Inc (FPI) CEO Acquires $20,700.00 in Stock
www.americanbankingnews.com - May 12 at 8:26 PM
americanbankingnews.com logoFY2017 EPS Estimates for Farmland Partners Inc (FPI) Decreased by Analyst
www.americanbankingnews.com - May 12 at 12:52 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Farmland Partners Inc Cut by Analyst (FPI)
www.americanbankingnews.com - May 11 at 8:46 AM
prnewswire.com logoFarmland Partners Inc. Reports Results for the Quarter Ended March 31, 2017; Announces First - PR Newswire (press release)
www.prnewswire.com - May 10 at 5:26 PM
finance.yahoo.com logoEdited Transcript of FPI earnings conference call or presentation 9-May-17 3:00pm GMT
finance.yahoo.com - May 10 at 5:26 PM
americanbankingnews.com logoFarmland Partners Inc (FPI) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 10 at 2:26 PM
seekingalpha.com logoFarmland Partners' (FPI) CEO Paul Pittman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 9:55 AM
finance.yahoo.com logoFarmland Partners Inc. Reports Results for the Quarter Ended March 31, 2017; Announces First Quarter Revenue of $7.1 Million - a 52% Period-Over-Period Increase
finance.yahoo.com - May 9 at 10:41 AM
finance.yahoo.com logoFarmland Partners reports 1Q loss
finance.yahoo.com - May 9 at 10:41 AM
prnewswire.com logoFarmland Partners Inc. Announces Date for First Quarter 2017 Earnings Release and Conference Call - PR Newswire (press release)
www.prnewswire.com - May 3 at 10:06 PM
americanbankingnews.com logo Analysts Anticipate Farmland Partners Inc (FPI) Will Announce Quarterly Sales of $9.34 Million
www.americanbankingnews.com - May 3 at 5:12 PM
finance.yahoo.com logoFarmland Partners Inc. Announces Date for First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - May 3 at 5:05 PM
americanbankingnews.com logo$0.08 Earnings Per Share Expected for Farmland Partners Inc (FPI) This Quarter
www.americanbankingnews.com - May 1 at 1:34 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for May 1st
finance.yahoo.com - May 1 at 10:20 AM
finance.yahoo.com logoFarmland Partners, Inc. breached its 50 day moving average in a Bearish Manner : FPI-US : May 1, 2017
finance.yahoo.com - May 1 at 10:20 AM
americanbankingnews.com logoFarmland Partners (FPI) Earning Critical Press Coverage, Analysis Shows
www.americanbankingnews.com - April 30 at 7:44 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Somewhat Likely to Affect Farmland Partners (FPI) Share Price
www.americanbankingnews.com - April 28 at 1:03 AM
nasdaq.com logoEXCLUSIVE-Canada's CPPIB pension fund plans farmland retreat -sources - Nasdaq
www.nasdaq.com - April 27 at 5:52 PM
americanbankingnews.com logoFBR & Co Weighs in on Farmland Partners Inc's Q1 2017 Earnings (FPI)
www.americanbankingnews.com - April 27 at 7:38 AM
americanbankingnews.com logoFarmland Partners (FPI) Receives Daily Media Sentiment Rating of 0.24
www.americanbankingnews.com - April 23 at 10:25 PM
americanbankingnews.com logoFarmland Partners (FPI) Given Daily Coverage Optimism Rating of 0.23
www.americanbankingnews.com - April 20 at 10:35 PM
americanbankingnews.com logoTheStreet Upgrades Farmland Partners Inc (FPI) to C-
www.americanbankingnews.com - April 13 at 4:27 PM
americanbankingnews.com logoSomewhat Negative News Coverage Very Likely to Impact Farmland Partners (FPI) Share Price
www.americanbankingnews.com - April 13 at 12:46 PM
finance.yahoo.com logoFarmland Partners, Inc. : FPI-US: Dividend Analysis : April 01st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 12:26 PM
americanbankingnews.com logoZacks: Analysts Expect Farmland Partners Inc (FPI) Will Post Quarterly Sales of $9.34 Million
www.americanbankingnews.com - April 9 at 7:49 AM
americanbankingnews.com logo$0.09 EPS Expected for Farmland Partners Inc (FPI) This Quarter
www.americanbankingnews.com - April 7 at 8:03 PM
us.rd.yahoo.com logoTop Ranked Income Stocks to Buy for March 31st
us.rd.yahoo.com - March 31 at 5:22 PM
americanbankingnews.com logoInsider Buying: Farmland Partners Inc (FPI) CEO Buys 1,000 Shares of Stock
www.americanbankingnews.com - March 30 at 8:12 PM
zacks.com logoTop Ranked Income Stocks to Buy for March 29th
www.zacks.com - March 29 at 11:20 AM
nasdaq.com logoFarmland Partners Inc. (FPI) Ex-Dividend Date Scheduled for March ... - Nasdaq
www.nasdaq.com - March 28 at 4:56 PM
thestreet.com logoReminder - Farmland Partners (FPI) Goes Ex-Dividend Soon
www.thestreet.com - March 27 at 11:40 AM
zacks.com logoTop Ranked Income Stocks to Buy for March 23rd
www.zacks.com - March 23 at 3:30 AM
zacks.com logoTop Ranked Income Stocks to Buy for March 21st
www.zacks.com - March 21 at 8:44 AM
americanbankingnews.com logoFarmland Partners Inc (FPI) CEO Paul A. Pittman Purchases 2,000 Shares
www.americanbankingnews.com - March 10 at 1:00 AM
us.rd.yahoo.com logoTop Ranked Income Stocks to Buy for March 9th
us.rd.yahoo.com - March 9 at 5:45 PM
seekingalpha.com logoFarmland Partners Is A Land Asset Growth REIT That Will Benefit From Higher Inflation - Seeking Alpha
seekingalpha.com - March 3 at 5:18 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for March 2nd
finance.yahoo.com - March 2 at 5:31 PM
finance.yahoo.com logoFARMLAND PARTNERS INC. Financials
finance.yahoo.com - March 1 at 4:58 PM
finance.yahoo.com logoEdited Transcript of FPI earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 11:12 AM
finance.yahoo.com logoFarmland Partners (FPI) Looks Good: Stock Moves 5.8% Higher
finance.yahoo.com - February 24 at 11:12 AM
seekingalpha.com logoFarmland Partners' (FPI) CEO Paul Pittman on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - February 23 at 5:16 PM

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Farmland Partners (FPI) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff