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

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$5.77 -0.24 (-3.99 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$5.77
Today's Range$5.7574 - $6.01
52-Week Range$4.45 - $9.19
Volume157,764 shs
Average Volume488,046 shs
Market Capitalization$187.59 million
P/E Ratio16.03
Dividend Yield3.33%
Beta0.38
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.

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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$46.22 million
Cash Flow$0.4583 per share
Book Value$11.13 per share

Profitability

Net Income$7.91 million

Miscellaneous

Employees16
Market Cap$187.59 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 announced a quarterly dividend on Tuesday, November 6th. Shareholders of record on Tuesday, January 1st will be paid a dividend of $0.05 per share on Tuesday, January 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.47%. 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) posted its quarterly earnings data on Monday, November, 5th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.02. The financial services provider earned $12.55 million during the quarter, compared to analysts' expectations 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 equities research analysts have issued 12-month price objectives for Farmland Partners' stock. Their predictions range from $7.50 to $9.00. On average, they anticipate Farmland Partners' stock price to reach $8.25 in the next year. This suggests a possible upside of 43.0% 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?

News articles about FPI stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Farmland Partners earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the near future.

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 57)
  • Mr. Luca Fabbri, CFO & Treasurer (Age 50)
  • Ms. Erica Borenstein, Sec. & Gen. Counsel (Age 49)

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (0.06%) and Virtu Financial LLC (0.04%). Company insiders that own Farmland Partners stock include Chris A Downey, Dennie Dixon Boardman, Erica Borenstein, Jay Bartels, John A Good, 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 Virtu Financial LLC and North Star Investment Management Corp.. 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 $5.77.

How big of a company is Farmland Partners?

Farmland Partners has a market capitalization of $187.59 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:  172 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  408
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 1/19/2019 by MarketBeat.com Staff

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