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

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$6.07 +0.11 (+1.85 %)
(As of 05/27/2019 09:57 AM ET)
Previous Close$5.96
Today's Range$5.98 - $6.12
52-Week Range$4.45 - $9.19
Volume172,993 shs
Average Volume152,822 shs
Market Capitalization$204.86 million
P/E Ratio25.29
Dividend Yield3.29%
Beta0.66
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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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$56.07 million
Cash Flow$0.6737 per share
Book Value$10.87 per share

Profitability

Net Income$12.25 million

Miscellaneous

Employees13
Market Cap$204.86 million
Next Earnings Date8/14/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, May 8th. Investors of record on Monday, July 1st will be given a dividend of $0.05 per share on Monday, July 15th. This represents a $0.20 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Friday, June 28th. View Farmland Partners' Dividend History.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc (NYSE:FPI) announced its quarterly earnings data on Wednesday, May, 8th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.03. The financial services provider earned $10.89 million during the quarter, compared to analyst estimates of $11.30 million. Farmland Partners had a return on equity of 3.47% and a net margin of 21.18%. View Farmland Partners' Earnings History.

When is Farmland Partners' next earnings date?

Farmland Partners is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Farmland Partners.

What price target have analysts set for FPI?

2 analysts have issued 12 month price objectives for Farmland Partners' shares. Their forecasts range from $7.50 to $7.50. On average, they anticipate Farmland Partners' stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for Farmland Partners.

What is the consensus analysts' recommendation for Farmland Partners?

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

Has Farmland Partners been receiving favorable news coverage?

News coverage about FPI stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Farmland Partners earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Farmland Partners' key competitors?

What other stocks do shareholders of Farmland Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmland Partners investors own include Hawkins (HWKN), Realty Income (O), Gladstone Land (LAND), Enterprise Products Partners (EPD), General Electric (GE), Ford Motor (F), Enbridge Energy Management (EEQ), Kinder Morgan (KMI), QTS Realty Trust (QTS) and Cisco Systems (CSCO).

Who are Farmland Partners' key executives?

Farmland Partners' management team includes the folowing 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)

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.34%), Global Alpha Capital Management Ltd. (3.99%), Geode Capital Management LLC (1.23%), Morgan Stanley (1.19%), Northern Trust Corp (1.00%) and Clark Capital Management Group Inc. (0.76%). Company insiders that own Farmland Partners stock include Chris A Downey, Dennie Dixon Boardman, Erica Borenstein, Jay Bartels, John A Good, Joseph W Glauber, 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, BlackRock Inc., Creative Financial Designs Inc. ADV, Charles Schwab Investment Management Inc., Sumitomo Mitsui Trust Holdings Inc., Teachers Insurance & Annuity Association of America, Northern Trust Corp and Taylor Frigon Capital Management LLC. View Insider Buying and Selling for Farmland Partners.

Which institutional investors are buying Farmland Partners stock?

FPI stock was bought by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Raymond James & Associates, Marshall Wace LLP, Renaissance Technologies LLC, Clark Capital Management Group Inc., Ellis Investment Partners LLC, Advisor Group Inc. and JPMorgan Chase & Co.. Company insiders that have bought Farmland Partners stock in the last two years include Chris A Downey, Erica Borenstein, Jay Bartels, John A Good, 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 $6.07.

How big of a company is Farmland Partners?

Farmland Partners has a market capitalization of $204.86 million and generates $56.07 million in revenue each year. The financial services provider earns $12.25 million in net income (profit) each year or $0.24 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 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:  2.2 out of 5 (star star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  446
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 5/27/2019 by MarketBeat.com Staff

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