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: $11.57
  • 50 Day Moving Average: $11.55
  • 200 Day Moving Average: $11.08
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.71
  • P/E Growth: 0.00
  • Market Cap: $150.73M
  • Outstanding Shares: 13,028,000
  • Beta: 0.09
Additional Links:
Companies Related to Farmland Partners:

Analyst Ratings

Consensus Ratings for Farmland Partners (NYSE:FPI) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $12.00 (3.72% upside)

Analysts' Ratings History for Farmland Partners (NYSE:FPI)
Show:
DateFirmActionRatingPrice TargetDetails
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
9/23/2015WunderlichInitiated CoverageBuy$12.00View Rating Details
5/19/2015Robert W. BairdLower Price TargetOutperform$15.00 -> $14.00View Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Farmland Partners (NYSE:FPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2015        
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: $0.26 EPS
Next Year EPS Consensus Estimate: $0.45 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:4.41%
Payout Ratio:-728.47% (Based on Trailing 12 Months of Earnings)
196.15% (Based on Current Year Consensus EPS Estimate)
113.33% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Farmland Partners (NYSE:FPI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
capitalcube.com logoETF’s with exposure to Farmland Partners, Inc. : August 24, 2016 (NYSE:FPI)
www.capitalcube.com - August 24 at 4:59 PM
News IconCrowd Perspectives & Analyst Views on Farmland Partners Inc (NYSE:FPI)? - Post News (NYSE:FPI)
www.kentuckypostnews.com - August 21 at 9:32 AM
News IconReturn of domestic money managers (NYSE:FPI)
www.thehindubusinessline.com - August 20 at 4:59 PM
News IconCrowd Sentiment & Analyst Review on Farmland Partners Inc (NYSE:FPI) - Post News (NYSE:FPI)
www.kentuckypostnews.com - August 18 at 10:26 PM
finance.yahoo.com logoFARMLAND PARTNERS INC. Financials (NYSE:FPI)
finance.yahoo.com - August 18 at 5:04 PM
News IconShares Moving Lower Over the Past Month Farmland Partners Inc. (NYSE:FPI) - Post News (NYSE:FPI)
www.kentuckypostnews.com - August 18 at 8:02 AM
publicnow.com logoFP Newspapers Inc. reports second quarter 2016 results (NYSE:FPI)
www.publicnow.com - August 12 at 5:07 PM
prnewswire.com logoFarmland Partners Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - August 11 at 8:01 AM
finance.yahoo.com logoFarmland Partners Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event - Yahoo Finance (NYSE:FPI)
finance.yahoo.com - August 10 at 5:20 PM
stockhouse.com logoFarmland Partners Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event - Stockhouse (NYSE:FPI)
www.stockhouse.com - August 9 at 9:26 PM
publicnow.com logoFarmland Partners Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event (NYSE:FPI)
www.publicnow.com - August 9 at 9:26 PM
prnewswire.com logoFarmland Partners Inc. Issues Correction to Its Press Release Dated August 3, 2016 - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - August 9 at 8:01 AM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 10-Q, Quarterly Report (NYSE:FPI)
biz.yahoo.com - August 9 at 8:01 AM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:FPI)
biz.yahoo.com - August 9 at 8:01 AM
fidaily.com logoWith Shares Trading down at $11.73 (FPI) Farmland Partners Inc. Issues Correction… (NYSE:FPI)
www.fidaily.com - August 8 at 9:51 AM
publicnow.com logoFarmland Partners Inc. Issues Correction to Its Press Release Dated August 3, 2016 (NYSE:FPI)
www.publicnow.com - August 8 at 9:50 AM
biz.yahoo.com logoFARMLAND PARTNERS INC. Files SEC form 8-K/A, Results of Operations and Financial Condition, Financial Statements and (NYSE:FPI)
biz.yahoo.com - August 8 at 9:50 AM
finance.yahoo.com logoFarmland Partners reports 2Q results - Yahoo Finance (NYSE:FPI)
finance.yahoo.com - August 5 at 10:21 PM
capitalcube.com logoFarmland Partners, Inc. :FPI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:FPI)
www.capitalcube.com - August 5 at 5:10 PM
finance.yahoo.com logoEdited Transcript of FPI earnings conference call or presentation 4-Aug-16 3:00pm GMT (NYSE:FPI)
finance.yahoo.com - August 5 at 5:10 PM
fidaily.com logoFarmland Partners Inc. Common S (FPI) Reached a 52-Week High - Finance Daily (NYSE:FPI)
www.fidaily.com - August 4 at 10:51 PM
sg.finance.yahoo.com logoFarmland Partners reports 2Q results (NYSE:FPI)
sg.finance.yahoo.com - August 4 at 5:24 PM
fidaily.com logoShares Trading up at $11.94 (FPI) Farmland Partners Inc. Reports Results... - Finance Daily (NYSE:FPI)
www.fidaily.com - August 4 at 5:19 AM
prnewswire.com logoFarmland Partners Inc. Reports Results for the Quarter Ended June 30, 2016 and Announces Second Quarter Revenue ... - PR Newswire (press release) (NYSE:FPI)
www.prnewswire.com - August 4 at 5:19 AM
publicnow.com logoFarmland Partners Inc. Reports Results for the Quarter Ended June 30, 2016 and Announces Second Quarter Revenue of $6.0 Million - a 109% Period-Over-Period Increase (NYSE:FPI)
www.publicnow.com - August 3 at 10:46 PM
publicnow.com logoFP Newspapers Inc. announces second quarter results conference call (NYSE:FPI)
www.publicnow.com - August 3 at 5:24 PM
finance.yahoo.com logoFarmland Partners Inc. Announces Date for Second Quarter 2016 Earnings Release and Conference Call - Yahoo Finance (NYSE:FPI)
finance.yahoo.com - July 30 at 5:31 AM
fidaily.com logoStock is up at $11.72 (FPI) Farmland Partners Inc. Announces Date… (NYSE:FPI)
www.fidaily.com - July 28 at 9:36 PM
publicnow.com logoFarmland Partners Inc. Announces Date for Second Quarter 2016 Earnings Release and Conference Call (NYSE:FPI)
www.publicnow.com - July 28 at 4:48 PM
ftsenews.co.uk logoBrokers Issue Average Price Target Of 12.88 On Farmland Partners Inc. (NYSE:FPI) - FTSE News (NYSE:FPI)
www.ftsenews.co.uk - July 28 at 3:50 PM
capitalcube.com logoETF’s with exposure to Farmland Partners, Inc. : July 25, 2016 (NYSE:FPI)
www.capitalcube.com - July 25 at 1:28 PM
News IconStock Focus: Following Analyst Expectations on Shares of Farmland Partners Inc (NYSE:FPI) - Engelwood Daily (NYSE:FPI)
www.engelwooddaily.com - July 23 at 9:09 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Farmland Partners Inc (NYSE:FPI) - TGP (NYSE:FPI)
telanaganapress.com - July 22 at 5:34 AM
News IconFarmland Partners Incorporated (NYSE:FPI) Sellers Increased By 205.18% Their Shorts - Consumer Eagle (NYSE:FPI)
www.consumereagle.com - July 21 at 8:37 AM
News IconWere Analysts Bullish Farmland Partners Inc (NYSE:FPI) This Week? - Consumer Eagle (NYSE:FPI)
www.consumereagle.com - July 19 at 11:10 AM
News IconFarmland Partners Inc (NYSE:FPI): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:FPI)
www.engelwooddaily.com - July 19 at 11:10 AM
News IconShares Moving Down on the Week: Farmland Partners Inc. (NYSE:FPI) - Engelwood Daily (NYSE:FPI)
www.engelwooddaily.com - July 17 at 9:35 AM
News IconShares Experiencing a Downtrend: Farmland Partners Inc. (NYSE:FPI) - TGP (NYSE:FPI)
telanaganapress.com - July 16 at 8:29 AM
News IconCrowd Rating and Earnings Recap for Farmland Partners Inc (NYSE:FPI) - Telanagana Press (NYSE:FPI)
telanaganapress.com - July 15 at 4:06 PM
seekingalpha.com logoCaution Toward Farmland Partners - Seeking Alpha (NYSE:FPI)
seekingalpha.com - July 15 at 5:41 AM
ftsenews.co.uk logoFarmland Partners Inc. (NYSE:FPI) Updated Price Targets - FTSE News (NYSE:FPI)
www.ftsenews.co.uk - July 14 at 5:12 PM
finance.yahoo.com logoEdited Transcript of FPI earnings conference call or presentation 10-May-16 3:00pm GMT (NYSE:FPI)
finance.yahoo.com - July 14 at 10:28 AM
News IconWall Street Ratings and Target Price Views on Farmland Partners Inc (NYSE:FPI) - Telanagana Press (NYSE:FPI)
telanaganapress.com - July 7 at 10:16 PM
news.cmlviz.com logoFarmland Partners Inc. Stock Momentum Hits Strength - CML News (NYSE:FPI)
news.cmlviz.com - July 7 at 10:16 PM
finance.yahoo.com logoFarmland Partners Inc. to Acquire 2400 Acre Florida Farm - Yahoo Finance (NYSE:FPI)
finance.yahoo.com - July 7 at 10:16 PM
publicnow.com logoFarmland Partners Inc. to Acquire 2,400 Acre Florida Farm (NYSE:FPI)
www.publicnow.com - July 7 at 9:21 AM
News IconCompany Stock Focus for Farmland Partners Inc (NYSE:FPI): Which Way Will Shares Head? - Press Telegraph (NYSE:FPI)
presstelegraph.com - July 7 at 5:46 AM
News IconTop Stock Performer for the Quarter: Farmland Partners Inc. (NYSE:FPI) - Engelwood Daily (NYSE:FPI)
www.engelwooddaily.com - July 4 at 4:47 PM
News IconShare Performance Recap for: Farmland Partners Inc. (NYSE:FPI) - Press Telegraph (NYSE:FPI)
presstelegraph.com - July 4 at 4:47 PM
News IconHow Many Farmland Partners Inc (NYSE:FPI)'s Analysts Are Bearish? - Press Telegraph (NYSE:FPI)
presstelegraph.com - July 3 at 9:37 AM

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Farmland Partners (NYSE:FPI) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff