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

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$6.40 +0.33 (+5.44 %)
(As of 03/20/2019 09:24 AM ET)
Previous Close$6.07
Today's Range$6.12 - $6.45
52-Week Range$4.45 - $9.19
Volume279,781 shs
Average Volume231,973 shs
Market Capitalization$204.16 million
P/E Ratio26.67
Dividend Yield3.29%
Beta0.61
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$56.07 million
Cash Flow$0.7103 per share
Book Value$11.13 per share

Profitability

Net Income$12.14 million

Miscellaneous

EmployeesN/A
Market Cap$204.16 million
Next Earnings Date5/8/2019 (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, March 6th. Shareholders of record on Monday, April 1st will be given a dividend of $0.05 per share on Monday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date is Friday, March 29th. View Farmland Partners' Dividend History.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc (NYSE:FPI) posted its quarterly earnings results on Wednesday, March, 13th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.13. The financial services provider earned $20.89 million during the quarter, compared to analysts' expectations of $23.66 million. Farmland Partners had a return on equity of 3.52% and a net margin of 21.83%. 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, May 8th 2019. View Earnings Estimates for Farmland Partners.

What price target have analysts set for FPI?

2 brokers have issued 12 month price targets for Farmland Partners' shares. Their forecasts range from $7.50 to $7.50. On average, they expect Farmland Partners' stock price to reach $7.50 in the next year. This suggests a possible upside of 17.2% 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 somewhat negative on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media 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 nearest to five being the most favorable. Farmland Partners earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days.

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), General Electric (GE), Enterprise Products Partners (EPD), Apple Hospitality REIT (APLE), Tableau Software (DATA), Kinder Morgan (KMI), Ford Motor (F), AT&T (T) and Cisco Systems (CSCO).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.65%), Massachusetts Financial Services Co. MA (2.63%), Global Alpha Capital Management Ltd. (2.62%), Geode Capital Management LLC (1.28%), Geode Capital Management LLC (1.28%) and Oaktree Capital Management LP (1.12%). 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 Gilman Hill Asset Management LLC, Janney Montgomery Scott LLC, Bank of New York Mellon Corp, Tocqueville Asset Management L.P., Raymond James & Associates, BlackRock Inc., Northern Trust Corp and New York State Common Retirement Fund. View Insider Buying and Selling 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 Massachusetts Financial Services Co. MA, D. E. Shaw & Co. Inc., Intrinsic Edge Capital Management LLC, HRT Financial LLC, Jane Street Group LLC, Taylor Frigon Capital Management LLC, Cambridge Investment Research Advisors Inc. and Global Alpha Capital Management Ltd.. 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 $6.40.

How big of a company is Farmland Partners?

Farmland Partners has a market capitalization of $204.16 million and generates $56.07 million in revenue each year. The financial services provider earns $12.14 million in net income (profit) each year or $0.24 on an earnings per share basis.

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:  183 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  429
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 3/20/2019 by MarketBeat.com Staff

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