Farmland Partners

Farmland Partners, Inc. operates as a real estate investment trust. the firm engages in the management and acquisition of farmland and land with agricultural development potential. Its property portfolio focuses on the primary crops, such as corn, soybeans, wheat, rice and cotton and the remaining land is used to grow specialty crops, such as almond, citrus, blueberries, vegetables and edible beans. The company was founded on September 27, 2013 and is headquartered in Denver, CO.

Earnings data Q1 2021

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Farmland Partners excels in 2022 but faces challenges in specialty crops

Farmland Partners navigated a successful year in 2022 with strong financial performance and rent renewals. However, challenges like increased interest costs and drought effects on specialty crops pose concerns for the company's outlook. Evaluating specialty crop strategies and mitigating volatility are key focus areas for future growth.

Farmland Partners reports robust Q1 performance amidst market challenges

Farmland Partners (FPI) showcased strong financial performance and a strategic approach to enhancing shareholder value in Q1 2023.
The company's emphasis on farmland asset value, debt reduction, and stock buybacks reflects a proactive and investor-friendly strategy.
Despite challenges like weather risks and debt priorities, Farmland Partners remains resilient and poised to capitalize on market opportunities.

Farmland Partners boosts earnings through strategic asset sales and debt reduction

Farmland Partners delivered a strong performance in Q2 2023, with increased net income and earnings per share driven by strategic asset sales and debt reduction.
The company's focus on enhancing shareholder value through stock buybacks, debt reduction, and portfolio concentration positions it well for future growth and stability.
While facing challenges such as slowing transaction volumes, Farmland Partners has opportunities to optimize its portfolio, capitalize on market conditions, and drive value creation.
Management's proactive stance and diverse buyer base signal resilience and adaptability in navigating the evolving farm economy landscape for sustained success.

Farmland Partners (FPI) reports robust Q3 performance and growth opportunities

Farmland Partners (FPI) delivered a solid performance in Q3 2023, driven by property sales, share repurchases, and lease renewal growth.
The company's strengths in debt reduction, strategic asset sales, and exposure to renewable energy demand position it well for future growth.
While facing challenges related to specific crop types and capital allocation, Farmland Partners (FPI) has opportunities to capitalize on property sales, renewable energy demand, and shareholder value enhancement.

Farmland Partners (FPI) reports robust Q4 performance and growth opportunities

Farmland Partners (FPI) showcased strong financial performance and strategic initiatives in Q4 2023, focusing on cost-cutting, asset sales, and debt reduction.
The company faces challenges such as borrowing costs, asset sale limitations, and rent variability, but opportunities exist in regional focus, cost-cutting, and rent increases.
Investors are encouraged to consider Farmland Partners (FPI) for its undervaluation, asset sale strategy, and potential for growth through stock buybacks and debt reduction.

Farmland Partners reports strong Q1 earnings, eyes acquisitions for growth

Farmland Partners Inc. delivered a strong performance in Q1 2024, emphasizing cost control and strategic adjustments. The company faces challenges in regulatory constraints and cost management but sees opportunities in acquisitions and asset sales. Overall, Farmland Partners remains focused on financial stability and growth amidst market uncertainties.

Farmland Partners (FPI) reports strong Q2 performance and strategic growth plans

Farmland Partners (FPI) had a solid Q2 performance, addressing challenges in the farm economy and West Coast markets. The company is focused on leveraging strengths like rent increases and asset sales while exploring opportunities for growth and revenue diversification.

Farmland Partners (FPI) excels in asset sales, eyes growth opportunities

Farmland Partners (FPI) showcased strong financial metrics, emphasized asset appreciation, and outlined a positive outlook for 2024. Analyst inquiries focused on revenue sources, debt management, and growth strategies, reflecting investor interest in the company's performance and future prospects.

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Farmland Partners, Inc. is an internally managed real estate company. It engages in the business of owning and seeking to acquire high-quality farmland located in agricultural markets. The company was founded by Luca Fabbri on September 27, 2013 and is headquartered in Denver, CO.

Farmland Partners (FPI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.

Farmland Partners (FPI) Surges 8.6%: Is This an Indication of Further Gains?

The farmland REIT Farmland Partners has skyrocketed in value over the past year due to its economic resilience and skyrocketing agricultural commodity prices. Many billionaires such as Bill Gates have also been aggressively buying farmland.

As Billionaires Buy Farmland, Individual Investors Buy Farmland Partners

DENVER, March 8, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company" or "FPI") announced today that it has sold 2,811 acres across eight farms to Promised Land Opportunity Zone Farms I, LLC ("OZ Fund"). The total purchase price was $18.3 million. FPI repaid $7.8 million...

Farmland Partners Closes First Sale to Opportunity Zone Fund

DENVER, Feb. 18, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company" or "FPI") announced today the appointment of Toby O'Rourke to the FPI's Board of Directors, effective February 11, 2021. Following the appointment of Ms. O'Rourke as an independent Board member, the...

Farmland Partners Announces Appointment of Toby O'Rourke to Board of Directors

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DENVER, Jan. 14, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today a series of agreements that will transfer ownership of approximately 1,268 acres in Virginia from FPI to Ducks Unlimited ("DU") over the next three years for total gross proceeds of $8...

Farmland Partners Announces $8 million Staged Transaction for Conservation Land

Farmland Partners common shares are attractive for those looking for capital appreciation. The preferred shares pay a high income and also have some appreciation potential.

Farmland Partners: The Best Way To Play It

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DENVER, Dec. 8, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today announced that real estate veteran Tom Heneghan has joined Farmland Partner's board of directors. An entity controlled by Mr. Heneghan has also entered into a stock purchase agreement to acquire...

Farmland Partners Inc. Appoints Tom Heneghan to Board & Announces $10 Million Private Investment

Farmland Partners has delivered strong returns in the past few months. AFFO though has been weak, and the REIT has lagged the broader REIT index since inception.

An Asset Rich But Cash Flow Poor REIT In Farmland Partners

Farmland Partners belongs to an asset class that society cannot do without and has a presence in 16 states across the U.S. It continues to do well in the current environment, with revenue and NOI increases.

Farmland Partners: 14% Discount To Book Value, Shares Are A Buy

Farmland Partners Inc. (FPI) CEO Paul Pittman on Q3 2020 Results - Earnings Call Transcript

Farmland Partners (FPI) delivered FFO and revenue surprises of -33.33% and 1.96%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Farmland Partners (FPI) Reports Q3 Loss, Tops Revenue Estimates

Shares of Farmland Partners (NYSE:FPI) decreased 0.1% in pre-market trading after the company reported Q3 results.

Farmland Partners: Q3 Earnings Insights

DENVER, Oct. 30, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced it will release its financial results for the quarter ended September 30, 2020 before 9:00 a.m. (Eastern Time) on Monday, November 9, 2020, and will host a conference call the same day...

Farmland Partners Inc. Announces Date for Third Quarter 2020 Earnings Release and Conference Call

Farmland Partners Series B Participating Preferred Stock is a minimum 6.86% yield-to-call Participating Preferred Stock (at 9/14/2020 closing price of 24.25).

Treasure Hunting In Rough Seas With Farmland Partners Preferred

Farmland Partners owns a high-quality portfolio of land that is diversified by crop-type and geography across the United States.

Farmland Partners: Trading At A Compelling Discount To Net Asset Value

Farmland Partners Inc. (FPI) CEO Paul Pittman on Q2 2020 Results - Earnings Call Transcript

Farmland Partners (FPI) delivered FFO and revenue surprises of -300.00% and -4.45%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Farmland Partners (FPI) Reports Q2 Loss, Lags Revenue Estimates

DENVER, Aug. 10, 2020 /PRNewswire/ -- Farmland Partners Inc.

Farmland Partners Inc. Reports Second Quarter 2020 Results

DENVER, Aug. 4, 2020 /PRNewswire/ -- Farmland Partners Inc.

Farmland Partners Inc. Announces Delay of Second Quarter Earnings Release and Conference Call

DENVER, June 12, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that Rota Fortunae, the pseudonymous author who executed a "short-and-distort" attack on the Company via a posting published on SeekingAlpha.com, has been identified as Quinton Mathews...

Farmland Partners Inc. Announces further update on "Short-and-Distort" Litigation

DENVER, May 20, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that the Honorable Kristin L. Mix, United States Magistrate Judge for the District of Colorado, ruled in favor of the Company in two critical orders issued on May 18, 2020 in Farmland...

Farmland Partners Inc. Announces Court Order to Unmask Defendants in "Short-and-Distort" Litigation

Farmland Partners Preferred Edges Out Gladstone Land On Valuation

News for Farmland Partners Stock (FPI)