Farmland Partners Inc
General ticker "FPI" information:
- Sector: Real Estate
- Industry: Specialized REITs
- Capitalization: $593.9M
Farmland Partners Inc follows the US Stock Market performance with the rate: 19.8%.
Estimated limits based on current volatility of 1.6%: low 11.16$, high 11.54$
Factors to consider:
- Company pays dividends: last record date 2024-10-01, amount 0.06$ (Y2.08%)
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [9.74$, 14.58$]
- 2024-12-30 to 2025-12-30 estimated range: [10.96$, 16.07$]
Financial Metrics affecting the FPI estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.16
- Negative: Operating cash flow per share per price, % of 2.03 <= 2.35
- Positive: Operating profit margin, % of 54.82 > 19.51
- Negative: Industry operating cash flow per share per price (median), % of 6.15 <= 6.94
- Positive: Interest expense per share, $ of 0.45 <= 0.74
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.01
Short-term FPI quotes
Long-term FPI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $51.74MM | $61.21MM | $57.47MM |
| Operating Expenses | $34.93MM | $36.24MM | $25.97MM |
| Operating Income | $16.81MM | $24.97MM | $31.50MM |
| Non-Operating Income | $-6.55MM | $-12.79MM | $0.01MM |
| Interest Expense | $15.93MM | $16.14MM | $22.66MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $10.26MM | $12.19MM | $31.52MM |
| Taxes | $0.00MM | $0.23MM | $-0.17MM |
| Profit(Loss) | $10.26MM | $11.96MM | $31.68MM |
| Stockholders Equity | $472.08MM | $594.00MM | $528.84MM |
| Inventory | $3.06MM | $2.81MM | $2.33MM |
| Assets | $1,121.53MM | $1,160.15MM | $1,022.00MM |
| Operating Cash Flow | $7.86MM | $17.05MM | $12.89MM |
| Capital expenditure | $2.71MM | $4.25MM | $0.00MM |
| Investing Cash Flow | $-18.77MM | $-60.40MM | $158.46MM |
| Financing Cash Flow | $13.87MM | $20.83MM | $-173.51MM |
| Earnings Per Share* | $0.17 | $0.16 | $0.55 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.