Farmland Partners/$FPI
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Farmland Partners
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
- Ticker
- $FPI
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 12
- Headquarters
- Denver, United States
- Website
- www.farmlandpartners.com
FPI Metrics
BasicAdvanced
$367M
42.74
$0.21
0.70
$0.53
4.09%
Price and volume
Market cap
$367M
Beta
0.7
52-week high
$13.23
52-week low
$8.28
Average daily volume
930K
Dividend rate
$0.53
Financial strength
Current ratio
6.919
Quick ratio
1.161
Long term debt to equity
0.56
Total debt to equity
0.56
Dividend payout ratio (TTM)
221.65%
Interest coverage (TTM)
1.64%
Profitability
EBITDA (TTM)
22.194
Gross margin (TTM)
82.20%
Net profit margin (TTM)
19.73%
Operating margin (TTM)
37.39%
Effective tax rate (TTM)
0.04%
Revenue per employee (TTM)
$4,120,000
Management effectiveness
Return on assets (TTM)
1.63%
Return on equity (TTM)
2.04%
Valuation
Price to earnings (TTM)
42.739
Price to revenue (TTM)
7.649
Price to book
0.87
Price to tangible book (TTM)
0.87
Price to free cash flow (TTM)
20.937
Free cash flow yield (TTM)
4.78%
Free cash flow per share (TTM)
0.42
Dividend yield (TTM)
6.02%
Forward dividend yield
4.09%
Growth
Revenue change (TTM)
-5.06%
Earnings per share change (TTM)
-83.85%
3-year revenue growth (CAGR)
-5.01%
10-year revenue growth (CAGR)
8.32%
3-year earnings per share growth (CAGR)
-14.20%
10-year earnings per share growth (CAGR)
1.76%
3-year dividend per share growth (CAGR)
11.20%
10-year dividend per share growth (CAGR)
-4.26%
Bulls say / Bears say
FPI repurchased 1.65 million shares at an average $10.32 in Q3. Management said the stock trades at a significant discount to net asset value, so buying back shares could add value per remaining share. (Business Wire, Investing.com)
Underlying results had shown some resilience in Q2: AFFO rose 30.6% to $1.7 million and net operating income grew 2.9% year on year. That offers evidence that cost control and other income can partly cushion softer rent and crop revenue. (SEC)
FPI reported $115.3 million of available liquidity and debt equal to about 34% of enterprise value at September-end. That funding headroom may help it manage current pressures without being forced into immediate asset sales. (Business Wire)
Q3 results weakened sharply: revenue fell 13.1%, net operating income dropped 18%, and AFFO turned negative at $2.1 million versus positive $2.9 million a year earlier. The company also reported a $15.5 million net loss, including $12.0 million of asset impairments. (Business Wire)
Credit losses are rising: FPI recorded $4.9 million of credit-loss provisions in the first nine months of 2026, compared with just $20,000 a year earlier. Further deterioration in its loan borrowers could erode earnings and cash available for distributions. (Business Wire)
A Louisiana appellate court upheld an award of about $3.5 million to former tenants, and FPI says it plans to appeal further. The adverse ruling adds a cash liability and leaves litigation costs and outcomes uncertain. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
FPI Financial Performance
Revenues and expenses
FPI Earnings Performance
Company profitability
Upcoming events
FPI News
AllArticlesVideos
Funds containing FPI
Fund name | Fund size | $FPI weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.