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.

Shares jumped on Tuesday following the farmland REIT's release of a solid third-quarter earnings report.

Farmland Partners Stock Pops 5% on Earnings and FFO Beats, Guidance Increase

Farmland Partners Inc. (NYSE:FPI ) Q3 2022 Earnings Conference Call October 25, 2022 1:00 PM ET Company Participants Christine Garrison - General Counsel & Secretary Paul Pittman - Executive Chairman & Chief Executive Officer Luca Fabbri - President James Gilligan - Chief Financial Officer Conference Call Participants Rob Stevenson - Janney Gerry Sweeney - Roth Capital Dave Rodgers - Baird Craig Kucera - B. Riley Securities Operator Ladies and gentlemen, thank you for your patience and thank you for attending today's Farmland Partners Inc. Third Quarter 2022 Earnings Call.

Farmland Partners Inc. (FPI) Q3 2022 Earnings Call Transcript

Farmland Partners (FPI) delivered FFO and revenue surprises of 150% and 13.25%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Farmland Partners (FPI) Q3 FFO and Revenues Top Estimates

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the three and nine months ended September 30, 2022.

Farmland Partners Inc. Reports Third Quarter 2022 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the quarter ended September 30, 2022, before the U.S. stock market opens for business on Tuesday, October 25, 2022.

Farmland Partners Inc. Announces Date for Third Quarter 2022 Earnings Release and Conference Call

Farmland Partners (FPI) acquires two farms to experience strong rental rates and benefit from appreciation.

Farmland Partners (FPI) Adds 2 Farms to Boost Portfolio

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it acquired two tracts of farmland on Friday, October 7.

Farmland Partners Purchases Two New Farms

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Farmland Partners' (FPI) Indiana farm to experience strong rental rates and benefit from appreciation.

Farmland Partners (FPI) Boosts Portfolio With Indiana Farm

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) yesterday purchased 161 acres of cropland in Benton County, Indiana. The corn and soybean farm consists of two contiguous tracts and was acquired for approximately $2.1 million. “This is the first farm that the Company has bought in Indiana, and we are looking to add more,” said FPI Chairman and CEO Paul Pittman. “We're very familiar with the region's soil, climate, and strong tenant base because of its proximi

Farmland Partners Adds First Indiana Farm to Portfolio

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DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today expanded its asset management portfolio by 4,488 acres and strengthened its brokerage business with the addition of William Hughes to its staff. Hughes was the president of U.S. Agri-Services Group LLC, a real estate management and consulting company based in Freeburg, Illinois. He brought the firm's clients to FPI, where Hughes will continue to manage farms in Colorado, Illinois, and Missouri on behalf o

Farmland Partners Expands Management and Brokerage Business

There appears to be a long runway of growth for farm value. Farmland Partners' NAV is rising and farmer incomes are rising which facilitates higher rental revenue.

Farmland Partners Remains A Value Even After Doubling

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DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today said that the lower corn and soybean yields in the U.S. Midwest, as reported by Pro Farmer's Midwest Crop Tour in August, highlight the importance of enhancing farms' resilience through targeted improvement investments. Pro Farmer collected data from more than 100 crop scouts who sampled thousands of fields ahead of harvest across seven states, including Illinois and Nebraska where FPI owns farmland. “The

Farmland Partners Well Positioned as Grain Harvest Nears

Farmland Partners Inc. is an internally managed REIT that owns over 161,000 acres of farmland across the U.S. It gives investors a convenient investment vehicle to the farmland asset class that has historically been a good inflation hedge.

Farmland Partners: Portfolio Diversifier And Tail Hedge

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced it received notice that a renewable energy tenant plans to begin construction of a new solar power project in Clark County, Illinois, by the end of the month. The development, which extends across six FPI properties spanning 1,542 acres, will generate increased rental income for the Company and expand its growing renewable energy portfolio. The tenant will pay rents that are nearly 50% higher th

New Solar Project to Expand Farmland Partners' Renewable Energy Portfolio, Increase Revenue

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: ) (the “Company” or “FPI”) today announced the acquisition of two Illinois farms totaling 485 acres. The first, a 286-acre farm in Edgar County, was purchased for approximately $4.8 million on July 29. FPI also bought a 199-acre farm in Fulton County on August 1 for $1.8 million. “These farms are especially attractive to our business because they adjoin other farmland in our portfolio, which will allow the Company to expand its footprint in

Farmland Partners Acquires Two Illinois Farms

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Farmland Partners Inc. (NYSE:FPI ) Q2 2022 Results Conference Call July 27, 2022 1:00 PM ET Company Participants Paul Pittman - Executive Chairman & CEO Christine Garrison - General Counsel Luca Fabbri - President James Gilligan - CFO & Treasurer Conference Call Participants Rob Stevenson - Janney Buck Horne - Raymond James Dave Rodgers - Baird Operator Good afternoon. Thank you for attending today's Farmland Partners Incorporated Q2 2022 Earnings Call.

Farmland Partners Inc. (FPI) CEO Paul Pittman on Q2 2022 Results - Earnings Call Transcript

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the three and six months ended June 30, 2022. Selected Q2 2022 Highlights During the three months ended June 30, 2022, the Company: increased net income by $5.9 million to $3.0 million, or $0.04 per share available to common stockholders, compared to $(2.9) million, or $(0.19) per share available to common stockholders, for the same period in 2021; increased AFFO by $4.8 mil

Farmland Partners Inc. Reports Second Quarter 2022 Results

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the quarter ended June 30, 2022, before the U.S. stock market opens for business on Wednesday, July 27, 2022. FPI will host a conference call the same day, Wednesday, July 27, 2022, at 1:00 p.m. (Eastern Time) to discuss the financial results and provide a company update. The call can be accessed live over the phone toll-free by dialing the following numbers and

Farmland Partners Inc. Announces Date for Second Quarter 2022 Earnings Release and Conference Call

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Has Farmland Partners (FPI) Outpaced Other Finance Stocks This Year?

News for Farmland Partners Stock (FPI)