Key Points
- Director Jennifer Grafton purchased 1,600 shares of Farmland Partners at $12.36 on Feb. 24, increasing her holding to 13,600 shares (a 13.33% rise) in a transaction disclosed to the SEC.
- Farmland Partners beat Q4 estimates with $0.43 EPS (vs. $0.20 expected) and $20.72M revenue, set FY2026 guidance of $0.330–0.370 EPS, and raised its quarterly dividend to $0.09 (annualized $0.36, ~2.9% yield) from $0.06.
Farmland Partners Inc. (NYSE:FPI - Get Free Report) Director Jennifer Grafton acquired 1,600 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $12.36 per share, with a total value of $19,776.00. Following the purchase, the director owned 13,600 shares in the company, valued at approximately $168,096. This represents a 13.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Farmland Partners Stock Performance
Shares of Farmland Partners stock opened at $12.59 on Wednesday. The firm has a market cap of $548.30 million, a P/E ratio of 20.99 and a beta of 0.79. The firm's 50-day simple moving average is $10.83 and its 200-day simple moving average is $10.53. Farmland Partners Inc. has a twelve month low of $9.36 and a twelve month high of $12.67.
Farmland Partners (NYSE:FPI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.23. Farmland Partners had a net margin of 60.46% and a return on equity of 6.67%. The firm had revenue of $20.72 million during the quarter, compared to analysts' expectations of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS. On average, equities analysts forecast that Farmland Partners Inc. will post 0.13 earnings per share for the current fiscal year.
Farmland Partners Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.36 annualized dividend and a yield of 2.9%. This is a positive change from Farmland Partners's previous quarterly dividend of $0.06. Farmland Partners's payout ratio is presently 40.00%.
Hedge Funds Weigh In On Farmland Partners
Institutional investors have recently bought and sold shares of the business. Jupiter Asset Management Ltd. acquired a new position in Farmland Partners in the third quarter worth $3,525,000. Marshall Wace LLP lifted its position in Farmland Partners by 181.0% during the 4th quarter. Marshall Wace LLP now owns 443,151 shares of the financial services provider's stock worth $4,294,000 after buying an additional 285,440 shares in the last quarter. Accordant Advisory Group Inc grew its holdings in Farmland Partners by 26.3% during the 2nd quarter. Accordant Advisory Group Inc now owns 1,145,016 shares of the financial services provider's stock worth $13,179,000 after acquiring an additional 238,453 shares during the last quarter. Cauble & Harre Wealth Management Inc. bought a new stake in Farmland Partners during the 4th quarter worth about $2,151,000. Finally, Jane Street Group LLC increased its position in Farmland Partners by 383.9% in the 4th quarter. Jane Street Group LLC now owns 279,739 shares of the financial services provider's stock valued at $2,711,000 after acquiring an additional 221,924 shares in the last quarter. Institutional investors own 58.00% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. B. Riley Financial reissued a "neutral" rating on shares of Farmland Partners in a report on Thursday, February 19th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Farmland Partners in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Farmland Partners presently has a consensus rating of "Hold".
View Our Latest Research Report on Farmland Partners
Farmland Partners Company Profile
(
Get Free Report)
Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company's primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.
Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.
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