After many days of serious selling pressure, real estate investment trusts (REITs) found eager and willing buyers on Sept. 28. Several of the major REITs gained in price by 3% or more, a significant upward move considering the recent downswings. Whether the overall trend lower remains in place is a concern for investors. Here are four well-known REITs that rallied and rallied well: Farmland Partners Inc. (NYSE: FPI ) gained 3.26%. After being down by more than 5% after trading opened the previous day, Farmland Partners came back strong. It climbs out of the oversold on the relative strength index (RSI) indicator below the price chart. The next bullish accomplishment would be to see a session close above the … Full story available on Benzinga.com
Is farmland an inflation hedge? The owners of Farmland Partners Inc. (NYSE: FPI ) probably think so. Unfortunately for them, it’s not working out right now as the real estate investment trust (REIT) dropped from $16.25 in April to its current price of $12.59. That’s a 22.5% loss in just five months — more than the inflation rate, annualized or otherwise. Farmland Partners owns what it describes as “ high-quality North American farmland ” and provides loans to farmers secured by farm real estate. The company owns about 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. Farmland Partners oversees 26 crop types and has more than … Full story available on Benzinga.com
Farmland Partners Inc. with ticker code (FPI) have now 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 17 and 16 calculating the mean target price we have 16.6. Now with the previous closing price of 14.34 this now indicates there is a potential upside of 15.8%. There is a 50 day moving average of 14.44 while the 200 day moving average is 13.48. The market cap for the company is $785m. You can visit the company''s website by visiting: https://www.farmlandpartners.com [stock_market_widget type="chart" template="basic" color="green" assets="FPI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $908m based on the market concensus. Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners (FPI) purchased 161 acres of cropland in Benton County, Indiana for ~2.1M
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
Farmland Partners net asset value is rising. Read more to see why I think FPI’s NAV per share will continue to rise at a pace exceeding $1.50 per year.
Farmland Partners Inc. found using ticker (FPI) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 17 and 15 and has a mean target at 16.2. Now with the previous closing price of 14.66 this indicates there is a potential upside of 10.5%. The 50 day MA is 14.4 and the 200 day moving average is 13.41. The company has a market cap of $796m. You can visit the company''s website by visiting: https://www.farmlandpartners.com [stock_market_widget type="chart" template="basic" color="green" assets="FPI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $879m based on the market concensus. Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners Inc. found using ticker (FPI) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 17 and 15 and has a mean target at 16.2. With the stocks previous close at 14.22 this now indicates there is a potential upside of 13.9%. There is a 50 day moving average of 14.35 and the 200 moving average now moves to 13.36. The company has a market cap of $810m. Company Website: https://www.farmlandpartners.com [stock_market_widget type="chart" template="basic" color="green" assets="FPI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $923m based on the market concensus. Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners Inc. is an internally managed REIT that owns over 161,000 acres of farmland across the U.S.
At a time when the resumption in exports of grains from some Ukrainian ports has calmed down the rising food prices, the United States is on the brink of witnessing the lowest cotton production in over a decade, setting the stage for a sharp rise in its price. While Food processing stocks like Archer Daniels Midland (NYSE: ADM) and Conagra Brands (NYSE: CAG) are expected to benefit from the falling food prices, rising cotton prices could prove to be beneficial for companies like Farmland Partners Inc. (NYSE: FPI). Now, let’s take a closer look at the factors that are influencing the U.S. agriculture industry.
Farmland Partners (FPI) announced the acquisition of two Illinois farms; first farm in Edgar County, was purchased for ~$4.8M on July 29 while second farm on Aug.1 for $1.8M."These…
Farmland Partners Inc. (NYSE:NYSE:FPI) Q2 2022 Results Conference Call July 27, 2022 01:00 PM ET Company Participants Paul Pittman - Executive Chairman & CEO Christine Garrison -…
Farmland Partners declares $0.06 dividendFarmland Partners declares $0.06 dividend
Farmland Partners press release (FPI): Q2 FFO of $0.02 misses by $0.01.Revenue of $12.36M (+23.5% Y/Y) beats by $1.59M.
Farmland Partners (FPI) is scheduled to announce Q2 earnings results on Wednesday, July 27th, after market close.The consensus EPS Estimate is -$0.01 (+50.0% Y/Y) and the consensus…
Rising interest rates and recession fears have put pressure on the real estate space, creating an opportunity in these REITs to Buy. Crown Castle International ( CCI ): Cell tower REIT with a 3.63% forward yield and appreciation potential. City Office REIT ( CIO ): This office building REIT, which yields 6.76% today, may be oversold, based on its current valuation. Farmland Partners ( FPI ): It’s not too late to stake a claim, and add exposure to rising farmland prices. Gaming and Leisure Properties ( GLPI ): This casino REIT (forward yield of 6.04%) could be more resilient than it seems at first glance. Postal Realty Trust ( PSTL ): With a 6.41% forward dividend yield, PSTL is a big player in a real estate niche (post offices) that’s yet to see a big consolidation wave. Sabra Health Care REIT ( SBRA ): Slowly recovering from the pandemic, Sabra may be able to maintain its high 8.68% dividend. Simon Property Group ( SPG ): Possibly oversold, this REIT that owns high-quality malls currently yields 7.04%.
Farmland Partners (FPI) had declared $0.06/share quarterly dividend, 20% increase from prior dividend of $0.05. Payable July 15
Farmland Partners (FPI) acquired 158 acres of farmland in Hamilton County, Nebraska.The irrigated row crop farm was bought for $2M and the property will be leased back to the seller
Farmland Partners is an under-the-radar farmland REIT that has a great shot at being a long-term winner.
Farmland Partners Inc. found using ticker (FPI) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 16 and 15 and has a mean target at 15.8. With the stocks previous close at 13.43 this now indicates there is a potential upside of 17.6%. The 50 day MA is 14.65 and the 200 moving average now moves to 12.74. The company has a market cap of $628m. Find out more information at: https://www.farmlandpartners.com [stock_market_widget type="chart" template="basic" color="green" assets="FPI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $739m based on the market concensus. Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners (FPI) acquired 280 acres of corn and soybean farmland in Illinois for $3.4M.It is located in Will County, which is southwest of Chicago and is the second farm in…
The following slide deck was published by Farmland Partners Inc.
Farmland Partners Inc. with ticker code (FPI) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 13.5 and 7.5 calculating the mean target price we have 11.5. Now with the previous closing price of 12.21 this would imply there is a potential downside of -5.8%. The 50 day MA is 12.89 while the 200 day moving average is 11.79. The market cap for the company is $380m. Company Website: /> [stock_market_widget type="chart" symbol="FPI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
DENVER , June 21, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI ) ("FPI" or the "Company") today announced the successful resolution of its litigation against Quinton Mathews , the previously anonymous author of an attack published on the financial website "Seeking Alpha" on July 11, 2018 as part of a "short and distort" scheme targeting FPI, management and its stockholders. As Mr. Mathews acknowledged publicly ( https://seekingalpha.com/instablog/47800059-rota-fortunae/5605955-mathews-settlement-press-release ), the July 2018 Article was full of false statements that drove down FPI''s stock price, allowing Mr. Mathews and his clients, including the hedge fund who focused his attention on FPI, to profit when their short positions in FPI''s stock gained value in the wake of the defamatory article''s publication. Through this settlement, Mr. Mathews has agreed to pay to the Company a multiple of the profits he made when his defamatory "article" artificially drove the price of FPI stock down 39% on the day of publication, enabling him, his clients, and his co-conspirators to profit from the short positions they established in advance of the article''s publication.
DENVER , June 16, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI ) (the "Company" or "Farmland") today announced that the Maryland Circuit Court for Baltimore City has dismissed pending shareholder derivative claims brought by two Farmland shareholders against the Company, its officers and board of directors. Derivative Complaints Based on Solely on False and Misleading Statements in a "Short and Distort Attack" Plaintiffs'' demands arose from a "short-and-distort" attack on Farmland, in which an anonymous short-seller writing under the pseudonym "Rota Fortunae" later disclosed as Quinton Mathews , published an article on Seeking Alpha alleging fraud at the Company, including allegations that the company had improperly failed to disclose certain loans that it had made to farmers as material related-party transactions. As its author and his co-conspirators intended, the post caused a substantial decline in the Company''s stock price. In the days after the post was published, the Company investigated the allegations, concluded that they were unfounded, and released a detailed public response rebutting the allegations.
Farmland Partners Inc. found using ticker (FPI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 13.5 and 7.5 and has a mean target at 11.5. Now with the previous closing price of 13.52 this would imply there is a potential downside of -14.9%. The day 50 moving average is 13.24 while the 200 day moving average is 11.32. The market cap for the company is $416m. Visit the company website at: /> [stock_market_widget type="chart" symbol="FPI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners Inc. found using ticker (FPI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 13.5 and 7.5 with the average target price sitting at 11.5. Now with the previous closing price of 12.43 this indicates there is a potential downside of -7.5%. The day 50 moving average is 13.19 and the 200 day moving average is 11.13. The market cap for the company is $391m. Company Website: /> [stock_market_widget type="chart" symbol="FPI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
DENVER , June 1, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI ) (the "Company") today announced that it purchased 8,349 acres of cropland in Southern Louisiana for total consideration of $26.8 million . This highly improved property consists of 5,943 tillable acres, with a rich history of growing rice and soybeans. The farm is located close to the Mermentau River and contains over 20 miles of canals for surface irrigation during the growing seasons. In addition, the transaction will preserve over 1,200 acres of fresh-water marshland known throughout South Louisiana for its outstanding waterfowl habitat. This marshland will continue to offer environmental benefits and recreational opportunities. The farm will be leased for the next several years at a current yield of approximately 4.2%. "We are pleased to add this high-quality farm to the portfolio and expand our presence in the Delta region," said Paul A. Pittman , the Company''s Chairman and CEO. "Farms of this caliber with important environmental and agriculture production attributes do not come to market every day.
Farmland Partners Inc. found using ticker (FPI) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 13.5 and 7.5 with the average target price sitting at 11.13. With the stocks previous close at 12.69 this would indicate that there is a downside of -12.3%. The 50 day MA is 13.03 and the 200 moving average now moves to 10.95. The company has a market cap of $384m. Company Website: /> [stock_market_widget type="chart" symbol="FPI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Farmland Partners Inc. with ticker code (FPI) now have 4 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 13.5 and 7.5 with a mean TP of 11.13. Given that the stocks previous close was at 13.47 this indicates there is a potential downside of -17.4%. The 50 day moving average now sits at 12.85 while the 200 day moving average is 10.72. The company has a market capitalisation of $408m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="FPI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia.
Related Stocks: FPI ,
DENVER Farmland Partners Inc. (FPI) on Thursday reported a loss in funds from operations in its first quarter, after reporting a profit in the same period a year earlier. The Denver-based real estate investment trust said it had a funds from operations loss of $1.6 million, or 5 cents per share, in the period. []
Farmland Partners (NYSE:FPI) issued its earnings results on Tuesday. The financial services provider reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.16), MarketWatch Earnings reports. Farmland Partners had a net margin of 18.80% and a return on equity of 3.39%. FPI stock opened at $11.73 on […]
NEW YORK, NY / ACCESSWIRE / March 18, 2021 / Farmland Partners, Inc. (NYSE:FPI) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 18, 2021 at 11:00 AM Eastern Time.
Farmland Partners announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
TheStreet upgraded shares of Farmland Partners (NYSE:FPI) from a d+ rating to a c- rating in a research report report published on Wednesday, TheStreetRatingsTable reports. Separately, Zacks Investment Research raised shares of Farmland Partners from a sell rating to a hold rating in a research report on Monday, November 9th. Shares of NYSE FPI opened […]
Shares of Farmland Partners (NYSE:FPI) decreased 0.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per …
Farmland Partners (NYSE:FPI) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, Zacks.com reports. According to Zacks, “Farmland Partners Inc. operates as a real estate company. It owns and seeks to acquire primary row crop farmland located in agricultural markets throughout North America. The […]
Disclaimer Forward Looking Statements Some of the statements contained in this presentation, including statements regarding our portfolio… | July 2, 2020
RF provides an update on his research into Farmland Partners, including his letter to the board of directors and its response.
As of late, it has definitely been a great time to be an investor in Farmland Partners.
Farmland Partners (FPI) delivered FFO and revenue surprises of 16.67% and 13.70%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
FPI earnings call for the period ending September 30, 2019.
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods
DENVER, Nov. 5, 2019 /PRNewswire/ -- Farmland Partners Inc. today announced it will release its financial results for the third quarter ended September 30, 2019 after 4:00 p.m. on… | November 5, 2019
Farmland Partners (FPI) delivered FFO and revenue surprises of -150.00% and -0.70%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Farmland Partners Inc. (NYSE:FPI) Q1 2019 Earnings Conference Call May 9, 2019 11:00 AM ET Company Participants Paul Pittman - Executive Chairman, President and
Farmland Partners Inc. (NYSE:FPI) Q4 2018 Earnings Conference Call March 14, 2019 11:30 ET Company Participants Paul Pittman - Chairman & CEO Luca Fabbri -
CEO Pittman converts 100% of his OP Units to common shares. Usually such conversions are followed by sales, but that is unlikely in this case. A look at how the