FPI Farmland Partners Inc

Price (delayed)

$10.91

Market cap

$481.83M

P/E Ratio

7.74

Dividend/share

$1.39

EPS

$1.41

Enterprise value

$624.15M

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
FPI's debt has shrunk by 51% YoY and by 4.2% QoQ
The stock's price to earnings (P/E) is 50% less than its last 4 quarters average of 15.5
The company's equity fell by 8% YoY and by 2.9% QoQ
FPI's gross profit is down by 4.2% QoQ and by 3% YoY

Key stats

What are the main financial stats of FPI
Market
Shares outstanding
44.16M
Market cap
$481.83M
Enterprise value
$624.15M
Valuations
Price to earnings (P/E)
7.74
Price to book (P/B)
1.08
Price to sales (P/S)
8.98
EV/EBIT
7.45
EV/EBITDA
7.03
EV/Sales
11.35
Earnings
Revenue
$55M
Gross profit
$43.45M
Operating income
$6.02M
Net income
$70.18M
EBIT
$83.8M
EBITDA
$88.78M
Free cash flow
$405.56M
Per share
EPS
$1.41
EPS diluted
$1.27
Free cash flow per share
$8.96
Book value per share
$10.12
Revenue per share
$1.22
TBVPS
$17.07
Balance sheet
Total assets
$776.67M
Total liabilities
$202.67M
Debt
$193.39M
Equity
$465.61M
Working capital
N/A
Liquidity
Debt to equity
0.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.6
Margins
EBITDA margin
161.4%
Gross margin
79%
Net margin
127.6%
Operating margin
10.9%
Efficiency
Return on assets
7.7%
Return on equity
13.8%
Return on invested capital
7.8%
Return on capital employed
N/A
Return on sales
152.4%
Dividend
Dividend yield
12.74%
DPS
$1.39
Payout ratio
98.6%

FPI stock price

How has the Farmland Partners stock price performed over time
Intraday
0.28%
1 week
2.83%
1 month
-3.88%
1 year
6.65%
YTD
-7.23%
QTD
-5.21%

Financial performance

How have Farmland Partners's revenue and profit performed over time
Revenue
$55M
Gross profit
$43.45M
Operating income
$6.02M
Net income
$70.18M
Gross margin
79%
Net margin
127.6%
The operating margin has plunged by 74% from the previous quarter and by 67% YoY
FPI's operating income has shrunk by 74% QoQ and by 68% YoY
FPI's net margin is up by 19% QoQ
Farmland Partners's net income has increased by 16% from the previous quarter

Price vs fundamentals

How does FPI's price correlate with its fundamentals

Growth

What is Farmland Partners's growth rate over time

Valuation

What is Farmland Partners stock price valuation
P/E
7.74
P/B
1.08
P/S
8.98
EV/EBIT
7.45
EV/EBITDA
7.03
EV/Sales
11.35
The stock's price to earnings (P/E) is 50% less than its last 4 quarters average of 15.5
Farmland Partners's EPS has increased by 18% from the previous quarter
The company's equity fell by 8% YoY and by 2.9% QoQ
The revenue has contracted by 2.9% YoY and by 2.6% from the previous quarter
The P/S is 2.4% lower than the last 4 quarters average of 9.2

Efficiency

How efficient is Farmland Partners business performance
The return on invested capital has surged by 160% year-on-year and by 22% since the previous quarter
Farmland Partners's ROS has soared by 101% YoY and by 12% from the previous quarter
FPI's ROA is up by 26% from the previous quarter
FPI's return on equity is up by 19% since the previous quarter

Dividends

What is FPI's dividend history
DPS
$1.39
Dividend yield
12.74%
Payout ratio
98.6%
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 plunged by 50% YoY and by 7% from the previous quarter
FPI's total assets is down by 24% year-on-year and by 4.2% since the previous quarter
FPI's debt is 58% lower than its equity
FPI's debt has shrunk by 51% YoY and by 4.2% QoQ
The debt to equity has declined by 45% year-on-year

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