FPI Farmland Partners Inc

Price (delayed)

$9.79

Market cap

$449.31M

P/E Ratio

8.23

Dividend/share

$1.39

EPS

$1.19

Enterprise value

$574.74M

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. ...

Highlights
Farmland Partners's EPS has soared by 116% YoY
Farmland Partners's net income has soared by 94% YoY
The company's equity fell by 7% YoY and by 4.9% QoQ

Key stats

What are the main financial stats of FPI
Market
Shares outstanding
45.89M
Market cap
$449.31M
Enterprise value
$574.74M
Valuations
Price to earnings (P/E)
8.23
Price to book (P/B)
0.98
Price to sales (P/S)
7.99
EV/EBIT
7.3
EV/EBITDA
6.81
EV/Sales
9.87
Earnings
Revenue
$58.23M
Gross profit
$46.92M
Operating income
$24.69M
Net income
$59.91M
EBIT
$78.75M
EBITDA
$84.34M
Free cash flow
$326.61M
Per share
EPS
$1.19
EPS diluted
$1.06
Free cash flow per share
$6.87
Book value per share
$10
Revenue per share
$1.22
TBVPS
$18.18
Balance sheet
Total assets
$868.56M
Total liabilities
$272M
Debt
$203.88M
Equity
$481.91M
Working capital
N/A
Liquidity
Debt to equity
0.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.49
Margins
EBITDA margin
144.8%
Gross margin
80.6%
Net margin
102.9%
Operating margin
42.4%
Efficiency
Return on assets
5.7%
Return on equity
11.2%
Return on invested capital
6%
Return on capital employed
N/A
Return on sales
135.2%
Dividend
Dividend yield
14.2%
DPS
$1.39
Payout ratio
116.8%

FPI stock price

How has the Farmland Partners stock price performed over time
Intraday
-2%
1 week
-2.49%
1 month
-10.59%
1 year
-8.93%
YTD
-16.75%
QTD
-12.2%

Financial performance

How have Farmland Partners's revenue and profit performed over time
Revenue
$58.23M
Gross profit
$46.92M
Operating income
$24.69M
Net income
$59.91M
Gross margin
80.6%
Net margin
102.9%
Farmland Partners's net income has soared by 94% YoY
FPI's net margin has soared by 91% YoY
FPI's operating income is up by 37% YoY and by 2.9% QoQ
The operating margin has grown by 35% YoY and by 3.2% from the previous quarter

Growth

What is Farmland Partners's growth rate over time

Valuation

What is Farmland Partners stock price valuation
P/E
8.23
P/B
0.98
P/S
7.99
EV/EBIT
7.3
EV/EBITDA
6.81
EV/Sales
9.87
Farmland Partners's EPS has soared by 116% YoY
The stock's price to earnings (P/E) is 66% less than its last 4 quarters average of 24.5
The P/B is 9% below the 5-year quarterly average of 1.1 and 9% below the last 4 quarters average of 1.1
The company's equity fell by 7% YoY and by 4.9% QoQ
The P/S is 12% lower than the last 4 quarters average of 9.3 and 6% lower than the 5-year quarterly average of 8.7

Efficiency

How efficient is Farmland Partners business performance
FPI's ROA has soared by 128% YoY
FPI's return on equity has surged by 115% year-on-year
The return on invested capital has surged by 107% since the previous quarter and by 67% year-on-year
Farmland Partners's ROS has soared by 97% from the previous quarter and by 46% YoY

Dividends

What is FPI's dividend history
DPS
$1.39
Dividend yield
14.2%
Payout ratio
116.8%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Farmland Partners financials performed over time
The total liabilities has contracted by 33% from the previous quarter and by 30% YoY
FPI's total assets is down by 15% since the previous quarter and by 15% year-on-year
FPI's debt is 58% lower than its equity
FPI's debt is down by 48% QoQ and by 44% YoY
The debt to equity has declined by 45% since the previous quarter and by 40% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.