Farmland Partners Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 92/195 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.88.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Farmland Partners Inc's Score
Industry at a Glance
Industry Ranking
92 / 195
Overall Ranking
180 / 4563
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
11.875
Target Price
+18.75%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Farmland Partners Inc Highlights
StrengthsRisks
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire North American farmland and makes loans to farmers secured by farm real estate. The Company owns and/or manages approximately 141,800 acres of farmland in 16 states, including Arkansas, California, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Texas, and West Virginia. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. Its farm crops includes primary crops and specialty crops. The primary crops includes corn, soybeans, wheat, rice, and cotton. The specialty crops consists of almonds, pistachios, citrus, strawberries, and edible beans. The Company also provides agricultural lending product focused on farmers as a complement to the Company's business of acquiring and owning farmland and leasing it to farmers.
Growing
The company is in a growing phase, with the latest annual income totaling USD 58.23M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 58.23M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 5.26%.
Undervalued
The company’s latest PE is 7.00, at a low 3-year percentile range.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire North American farmland and makes loans to farmers secured by farm real estate. The Company owns and/or manages approximately 141,800 acres of farmland in 16 states, including Arkansas, California, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Texas, and West Virginia. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. Its farm crops includes primary crops and specialty crops. The primary crops includes corn, soybeans, wheat, rice, and cotton. The specialty crops consists of almonds, pistachios, citrus, strawberries, and edible beans. The Company also provides agricultural lending product focused on farmers as a complement to the Company's business of acquiring and owning farmland and leasing it to farmers.
Ticker SymbolFPI
CompanyFarmland Partners Inc
CEOFabbri (Luca)
Websitehttps://www.farmlandpartners.com/
FAQs
What is the current price of Farmland Partners Inc (FPI)?
The current price of Farmland Partners Inc (FPI) is 9.720.
What is the symbol of Farmland Partners Inc?
The ticker symbol of Farmland Partners Inc is FPI.
What is the 52-week high of Farmland Partners Inc?
The 52-week high of Farmland Partners Inc is 12.612.
What is the 52-week low of Farmland Partners Inc?
The 52-week low of Farmland Partners Inc is 9.177.
What is the market capitalization of Farmland Partners Inc?
The market capitalization of Farmland Partners Inc is 418.91M.
What is the net income of Farmland Partners Inc?
The net income of Farmland Partners Inc is 56.43M.
Is Farmland Partners Inc (FPI) currently rated as Buy, Hold, or Sell?
According to analysts, Farmland Partners Inc (FPI) has an overall rating of Buy, with a price target of 11.875.
What is the Earnings Per Share (EPS TTM) of Farmland Partners Inc (FPI)?
The Earnings Per Share (EPS TTM) of Farmland Partners Inc (FPI) is 1.389.