NYSE:FPI - Farmland Partners Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$5.21 -0.14 (-2.62 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$5.21
Today's Range$5.21 - $5.42
52-Week Range$5.15 - $9.68
Volume355,565 shs
Average Volume226,763 shs
Market Capitalization$166.99 million
P/E Ratio14.47
Dividend Yield3.74%
Beta-0.07
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 30 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.

Receive FPI News and Ratings via Email

Sign-up to receive the latest news and ratings for FPI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:FPI
Previous Symbol
CUSIPN/A
Phone720-452-3100

Debt

Debt-to-Equity RatioN/A
Current Ratio0.08
Quick Ratio0.08

Price-To-Earnings

Trailing P/E Ratio14.47
Forward P/E Ratio18.61
P/E GrowthN/A

Sales & Book Value

Annual Sales$46.22 million
Price / Sales3.52
Cash Flow$0.4648 per share
Price / Cash Flow11.21
Book Value$11.13 per share
Price / Book0.47

Profitability

EPS (Most Recent Fiscal Year)$0.36
Net Income$7.91 million
Net Margins20.85%
Return on Equity2.98%
Return on Assets0.91%

Miscellaneous

Employees16
Outstanding Shares31,210,000
Market Cap$166.99 million
OptionableOptionable

Farmland Partners (NYSE:FPI) Frequently Asked Questions

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 declared a quarterly dividend on Tuesday, November 6th. Investors of record on Tuesday, January 1st will be given a dividend of $0.05 per share on Tuesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Friday, December 28th. View Farmland Partners' Dividend History.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc (NYSE:FPI) issued its quarterly earnings results on Monday, November, 5th. The financial services provider reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The financial services provider had revenue of $12.55 million for the quarter, compared to the consensus estimate of $12.76 million. Farmland Partners had a net margin of 20.85% and a return on equity of 2.98%. View Farmland Partners' Earnings History.

When is Farmland Partners' next earnings date?

Farmland Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Farmland Partners.

What guidance has Farmland Partners issued on next quarter's earnings?

Farmland Partners issued an update on its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $0.30-0.34 for the period.

What price target have analysts set for FPI?

3 Wall Street analysts have issued twelve-month price targets for Farmland Partners' stock. Their forecasts range from $7.50 to $9.00. On average, they expect Farmland Partners' stock price to reach $8.25 in the next twelve months. This suggests a possible upside of 58.3% from the stock's current price. View Analyst Price Targets for Farmland Partners.

What is the consensus analysts' recommendation for Farmland Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farmland Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Farmland Partners.

Has Farmland Partners been receiving favorable news coverage?

Media stories about FPI stock have been trending somewhat positive on Saturday, InfoTrie Sentiment reports. The research group scores the sentiment of 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 negative five to five, with scores closest to five being the most favorable. Farmland Partners earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near term.

Who are some of Farmland Partners' key competitors?

Who are Farmland Partners' key executives?

Farmland Partners' management team includes the folowing people:
  • Mr. Paul A. Pittman, Exec. Chairman, CEO & Pres (Age 56)
  • Mr. Luca Fabbri, CFO & Treasurer (Age 49)
  • Ms. Erica Borenstein, Sec. & Gen. Counsel (Age 48)

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.42%), Vanguard Group Inc (10.42%), BlackRock Inc. (6.38%), Global Alpha Capital Management Ltd. (2.38%), Gilman Hill Asset Management LLC (0.94%) and Bank of New York Mellon Corp (0.76%). Company insiders that own Farmland Partners stock include Chris A Downey, Dennie Dixon Boardman, Erica Borenstein, Jay Bartels, John C Conrad, Joseph W Glauber, Luca Fabbri and Paul A Pittman. View Institutional Ownership Trends for Farmland Partners.

Which major investors are selling Farmland Partners stock?

FPI stock was sold by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Wells Fargo & Company MN, Alliancebernstein L.P., North Star Investment Management Corp., Tocqueville Asset Management L.P., TIAA CREF Investment Management LLC, Gilman Hill Asset Management LLC and Teachers Advisors LLC. View Insider Buying and Selling for Farmland Partners.

Which major investors are buying Farmland Partners stock?

FPI stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., JPMorgan Chase & Co., Brookfield Asset Management Inc., Vertex One Asset Management Inc., Forward Management LLC, Creative Financial Designs Inc. ADV and Goelzer Investment Management Inc.. Company insiders that have bought Farmland Partners stock in the last two years include Chris A Downey, Erica Borenstein, Jay Bartels, John C Conrad, Joseph W Glauber, Luca Fabbri and Paul A Pittman. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Farmland Partners' stock price today?

One share of FPI stock can currently be purchased for approximately $5.21.

How big of a company is Farmland Partners?

Farmland Partners has a market capitalization of $166.99 million and generates $46.22 million in revenue each year. The financial services provider earns $7.91 million in net income (profit) each year or $0.36 on an earnings per share basis. Farmland Partners employs 16 workers across the globe.

What is Farmland Partners' official website?

The official website for Farmland Partners is http://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.


MarketBeat Community Rating for Farmland Partners (NYSE FPI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  399
MarketBeat's community ratings are surveys of what our community members think about Farmland Partners and other stocks. Vote "Outperform" if you believe FPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel