Farmland Partners (NYSE:FPI) Updates FY 2025 Earnings Guidance

Farmland Partners (NYSE:FPI) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.250-0.300 for the period, compared to the consensus estimate of 0.200. The company issued revenue guidance of $46.5 million-$48.1 million, compared to the consensus revenue estimate of $47.2 million.

Farmland Partners Stock Up 7.6 %

Shares of Farmland Partners stock traded up $0.88 during midday trading on Thursday, hitting $12.52. The company’s stock had a trading volume of 312,453 shares, compared to its average volume of 234,001. The stock has a 50-day simple moving average of $11.76 and a 200-day simple moving average of $11.30. The firm has a market capitalization of $603.04 million, a P/E ratio of 44.68 and a beta of 0.69. Farmland Partners has a 1-year low of $9.70 and a 1-year high of $12.87.

Farmland Partners (NYSE:FPI) last posted its earnings results on Wednesday, February 19th. The financial services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $21.47 million for the quarter, compared to the consensus estimate of $20.29 million. Farmland Partners had a net margin of 31.68% and a return on equity of 3.53%. As a group, sell-side analysts predict that Farmland Partners will post 0.19 earnings per share for the current year.

Farmland Partners Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Farmland Partners’s previous dividend of $0.13. Farmland Partners’s dividend payout ratio is presently 85.71%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Farmland Partners from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th.

Insider Buying and Selling at Farmland Partners

In other Farmland Partners news, Director John A. Good acquired 15,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of $12.23 per share, with a total value of $183,450.00. Following the transaction, the director now owns 101,465 shares of the company’s stock, valued at approximately $1,240,916.95. This trade represents a 17.35 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 8.30% of the company’s stock.

Farmland Partners Company Profile

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 December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas.