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

Farmland Partners (NYSE:FPI) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.250-0.300 for the period, compared to the consensus EPS 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 Performance

Shares of FPI stock traded down $0.08 on Wednesday, hitting $11.66. The stock had a trading volume of 214,176 shares, compared to its average volume of 231,385. The firm has a market capitalization of $561.66 million, a price-to-earnings ratio of 41.64 and a beta of 0.69. The stock’s 50 day moving average is $11.79 and its 200-day moving average is $11.29. Farmland Partners has a 52-week low of $9.70 and a 52-week high of $12.85.

Farmland Partners Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd were paid a $1.15 dividend. The ex-dividend date was Monday, December 23rd. This is an increase from Farmland Partners’s previous dividend of $0.13. Farmland Partners’s dividend payout ratio is 85.71%.

Wall Street Analyst Weigh In

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 related news, Director John A. Good acquired 15,000 shares of Farmland Partners stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $12.23 per share, for a total transaction of $183,450.00. Following the purchase, the director now directly owns 101,465 shares of the company’s stock, valued at $1,240,916.95. The trade was a 17.35 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.50% of the stock is currently owned by insiders.

About Farmland Partners

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.