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NYSE:FPIFarmland Partners Stock Price, Forecast & News

$6.92
+0.15 (+2.22 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$6.72
Now: $6.92
$6.92
50-Day Range
$5.69
MA: $6.37
$6.92
52-Week Range
$5.05
Now: $6.92
$7.22
Volume130,054 shs
Average Volume139,719 shs
Market Capitalization$206.67 million
P/E RatioN/A
Dividend Yield2.89%
Beta0.62
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 162,000 acres in 17 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota, Texas and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.02 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone720-452-3100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$53.56 million
Cash Flow$0.75 per share
Book Value$10.42 per share

Profitability

Net Income$13.89 million

Miscellaneous

Employees13
Market Cap$206.67 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Farmland Partners (NYSE:FPI) Frequently Asked Questions

How has Farmland Partners' stock been impacted by COVID-19 (Coronavirus)?

Farmland Partners' stock was trading at $5.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FPI stock has increased by 24.7% and is now trading at $6.92. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Farmland Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farmland Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Farmland Partners.

When is Farmland Partners' next earnings date?

Farmland Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Farmland Partners.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc (NYSE:FPI) announced its quarterly earnings results on Thursday, May, 7th. The financial services provider reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. The financial services provider had revenue of $11.65 million for the quarter, compared to analysts' expectations of $10.84 million. Farmland Partners had a return on equity of 3.58% and a net margin of 20.50%. View Farmland Partners' earnings history.

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

Farmland Partners declared a quarterly dividend on Monday, May 11th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.05 per share on Wednesday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Tuesday, June 30th. View Farmland Partners' dividend history.

What price target have analysts set for FPI?

1 Wall Street analysts have issued 12 month price targets for Farmland Partners' stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Farmland Partners' stock price to reach $7.00 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts' price targets for Farmland Partners.

Has Farmland Partners been receiving favorable news coverage?

Headlines about FPI stock have trended somewhat positive this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Farmland Partners earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutFarmland Partners.

Who are some of Farmland Partners' key competitors?

What other stocks do shareholders of Farmland Partners own?

Who are Farmland Partners' key executives?

Farmland Partners' management team includes the following people:
  • Mr. Paul A. Pittman, Exec. Chairman, Pres & CEO (Age 57)
  • Mr. Luca Fabbri, CFO & Treasurer (Age 50)
  • Ms. Erica Borenstein, Gen. Counsel & Sec. (Age 49)

What is Farmland Partners' stock symbol?

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

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Global Alpha Capital Management Ltd. (8.11%), BlackRock Inc. (6.81%), Massachusetts Financial Services Co. MA (6.77%), Deutsche Bank AG (2.21%), State Street Corp (1.84%) and Geode Capital Management LLC (1.48%). Company insiders that own Farmland Partners stock include Chris A Downey, Erica Borenstein, Jay Bartels, John A Good, Luca Fabbri and Paul A Pittman. View institutional ownership trends for Farmland Partners.

Which institutional investors are selling Farmland Partners stock?

FPI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Raymond James & Associates, Deutsche Bank AG, State Street Corp, Invesco Ltd., UBS Group AG, Group One Trading L.P., and AE Wealth Management LLC. View insider buying and selling activity for Farmland Partners.

Which institutional investors are buying Farmland Partners stock?

FPI stock was purchased by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Advisor Group Holdings Inc., Massachusetts Financial Services Co. MA, Geode Capital Management LLC, Nisa Investment Advisors LLC, Garner Asset Management Corp, Teachers Insurance & Annuity Association of America, and Two Sigma Advisers LP. Company insiders that have bought Farmland Partners stock in the last two years include Chris A Downey, Erica Borenstein, John A Good, Luca Fabbri, and Paul A Pittman. View insider buying and selling activity for Farmland Partners.

How do I buy shares of Farmland Partners?

Shares of FPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Farmland Partners' stock price today?

One share of FPI stock can currently be purchased for approximately $6.92.

How big of a company is Farmland Partners?

Farmland Partners has a market capitalization of $206.67 million and generates $53.56 million in revenue each year. The financial services provider earns $13.89 million in net income (profit) each year or $0.13 on an earnings per share basis. Farmland Partners employs 13 workers across the globe.

What is Farmland Partners' official website?

The official website for Farmland Partners is www.farmlandpartners.com.

How can I contact Farmland Partners?

Farmland Partners' mailing address is 4600 SOUTH SYRACUSE STREET SUITE 1450, DENVER CO, 80237. The financial services provider can be reached via phone at 720-452-3100.

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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