Our top pick for
Building a portfolio
Farmland Partners Inc is a reit-specialty business based in the US. Farmland Partners shares (FPI) are listed on the NYSE and all prices are listed in US Dollars. Farmland Partners employs 12 staff and has a trailing 12-month revenue of around USD$54.7 million.
|Latest market close||USD$8.41|
|52-week range||USD$4.9345 - USD$9.03|
|50-day moving average||USD$8.1585|
|200-day moving average||USD$7.0976|
|Wall St. target price||USD$7.88|
|Dividend yield||USD$0.2 (2.34%)|
|Earnings per share (TTM)||USD$0.054|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-15)||-18.19%|
|1 month (2020-12-23)||-1.18%|
|3 months (2020-10-22)||24.41%|
|6 months (2020-07-22)||17.62%|
|1 year (2020-01-22)||23.86%|
|2 years (2019-01-22)||54.03%|
|3 years (2018-01-22)||0.12%|
|5 years (2016-01-22)||10.2|
Valuing Farmland Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Farmland Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Farmland Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 135x. In other words, Farmland Partners shares trade at around 135x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Farmland Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$35.3 million.
The EBITDA is a measure of a Farmland Partners's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$54.7 million|
|Operating margin TTM||49.92%|
|Gross profit TTM||USD$44.7 million|
|Return on assets TTM||1.57%|
|Return on equity TTM||1.95%|
|Market capitalisation||USD$250.6 million|
TTM: trailing 12 months
There are currently 1.8 million Farmland Partners shares held short by investors – that's known as Farmland Partners's "short interest". This figure is 20.4% down from 2.2 million last month.
There are a few different ways that this level of interest in shorting Farmland Partners shares can be evaluated.
Farmland Partners's "short interest ratio" (SIR) is the quantity of Farmland Partners shares currently shorted divided by the average quantity of Farmland Partners shares traded daily (recently around 190499.34711643). Farmland Partners's SIR currently stands at 9.19. In other words for every 100,000 Farmland Partners shares traded daily on the market, roughly 9190 shares are currently held short.
However Farmland Partners's short interest can also be evaluated against the total number of Farmland Partners shares, or, against the total number of tradable Farmland Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Farmland Partners's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Farmland Partners shares in existence, roughly 60 shares are currently held short) or 0.0699% of the tradable shares (for every 100,000 tradable Farmland Partners shares, roughly 70 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Farmland Partners.
Find out more about how you can short Farmland Partners stock.
Dividend payout ratio: 37.72% of net profits
Recently Farmland Partners has paid out, on average, around 37.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.34% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Farmland Partners shareholders could enjoy a 2.34% return on their shares, in the form of dividend payments. In Farmland Partners's case, that would currently equate to about $0.2 per share.
While Farmland Partners's payout ratio might seem fairly standard, it's worth remembering that Farmland Partners may be investing much of the rest of its net profits in future growth.
Farmland Partners's most recent dividend payout was on 15 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").
Farmland Partners's shares were split on a 1:4 basis on 17 October 2014. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Farmland Partners shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Farmland Partners shares which in turn could have impacted Farmland Partners's share price.
Over the last 12 months, Farmland Partners's shares have ranged in value from as little as $4.9345 up to $9.03. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Farmland Partners's is 0.8457. This would suggest that Farmland Partners's shares are less volatile than average (for this exchange).
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. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
Steps to owning and managing SSNC, with 24-hour and historical pricing before you buy.
Steps to owning and managing SMBC, with 24-hour and historical pricing before you buy.
Steps to owning and managing SMED, with 24-hour and historical pricing before you buy.
Steps to owning and managing SJW, with 24-hour and historical pricing before you buy.
Steps to owning and managing SFBS, with 24-hour and historical pricing before you buy.
Steps to owning and managing LEDS, with 24-hour and historical pricing before you buy.
Steps to owning and managing SC, with 24-hour and historical pricing before you buy.
Steps to owning and managing RTW, with 24-hour and historical pricing before you buy.
Steps to owning and managing RIVE, with 24-hour and historical pricing before you buy.
Steps to owning and managing RVSB, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.