FPI Farmland Partners Inc

  1. Stocks
  2. Real Estate
  3. NYSE: FPI

Price (delayed)

$10.41

Market cap

$499.98M

P/E Ratio

18.93

Dividend/share

$0.24

EPS

$0.55

Enterprise value

$855.32M

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 net income has soared by 165% YoY and by 53% from the previous quarter
Farmland Partners's EPS has soared by 62% from the previous quarter
The company's equity fell by 11% YoY
The revenue has contracted by 6% YoY
Sector: Real Estate
Industry: REIT - Specialty
Website: http://www.farmlandpartners.com
Peers: DD AGRO COR

Key stats

What are the main financial stats of FPI
Market
Shares outstanding
48.03M
Market cap
$499.98M
Enterprise value
$855.32M
Valuations
Price to earnings (P/E)
18.93
Price to book (P/B)
0.97
Price to sales (P/S)
9.1
EV/EBIT
16.02
EV/EBITDA
14.04
EV/Sales
14.88
Earnings
Revenue
$57.47M
EBIT
$53.4M
EBITDA
$60.9M
Free cash flow
$202.55M
Per share
EPS
$0.55
Free cash flow per share
$4.03
Book value per share
$10.71
Revenue per share
$1.14
TBVPS
$20.25
Balance sheet
Total assets
$1.02B
Total liabilities
$391.19M
Debt
$361.26M
Equity
$515.88M
Working capital
N/A
Liquidity
Debt to equity
0.7
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.83
Margins
EBITDA margin
106%
Gross margin
76.7%
Net margin
53.8%
Operating margin
31.3%
Efficiency
Return on assets
2.5%
Return on equity
5.2%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
92.9%
Dividend
Dividend yield
2.31%
DPS
$0.24
Payout ratio
43.6%

FPI stock price

How has the Farmland Partners stock price performed over time
Intraday
0%
1 week
0.1%
1 month
-3.61%
1 year
-4.14%
YTD
-16.59%
QTD
-6.22%

Financial performance

How have Farmland Partners's revenue and profit performed over time
Revenue
$57.47M
Gross profit
$44.05M
Operating income
$18M
Net income
$30.91M
Gross margin
76.7%
Net margin
53.8%
FPI's net margin has soared by 182% YoY and by 54% QoQ
Farmland Partners's net income has soared by 165% YoY and by 53% from the previous quarter
FPI's operating income is down by 28% YoY and by 10% QoQ
The operating margin has contracted by 23% YoY and by 10% from the previous quarter

Growth

What is Farmland Partners's growth rate over time

Valuation

What is Farmland Partners stock price valuation
FPI P/E details
P/E
18.93
P/B
0.97
P/S
9.1
EV/EBIT
16.02
EV/EBITDA
14.04
EV/Sales
14.88
Farmland Partners's EPS has soared by 62% from the previous quarter
The stock's price to earnings (P/E) is 51% less than its last 4 quarters average of 39.0
The P/B is 12% below the last 4 quarters average of 1.1 and 3% below the 5-year quarterly average of 1.0
The company's equity fell by 11% YoY
The P/S is 21% higher than the 5-year quarterly average of 7.5 but 8% lower than the last 4 quarters average of 9.9
The revenue has contracted by 6% YoY

Efficiency

How efficient is Farmland Partners business performance
Farmland Partners's ROS has soared by 103% YoY and by 28% from the previous quarter
The return on invested capital has surged by 100% year-on-year and by 33% since the previous quarter
FPI's return on equity has surged by 68% since the previous quarter
FPI's ROA has soared by 67% from the previous quarter

Dividends

What is FPI's dividend history
Dividend details
DPS
$0.24
Dividend yield
2.31%
Payout ratio
43.6%
Recent dividends

Financial health

How did Farmland Partners financials performed over time
FPI's total assets is 161% greater than its total liabilities
The total liabilities has contracted by 14% YoY and by 11% from the previous quarter
FPI's total assets is down by 12% year-on-year and by 4.4% since the previous quarter
FPI's debt is 30% lower than its equity
FPI's debt is down by 17% YoY and by 14% QoQ
The debt to equity has declined by 15% since the previous quarter and by 7% year-on-year

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