
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Farmland Partners Inc (FPI)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/10/2025: FPI (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $12.25
1 Year Target Price $12.25
1 | Strong Buy |
1 | Buy |
2 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -0.08% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 458.12M USD | Price to earnings Ratio 7.91 | 1Y Target Price 12.25 |
Price to earnings Ratio 7.91 | 1Y Target Price 12.25 | ||
Volume (30-day avg) 4 | Beta 0.92 | 52 Weeks Range 9.47 - 12.66 | Updated Date 10/12/2025 |
52 Weeks Range 9.47 - 12.66 | Updated Date 10/12/2025 | ||
Dividends yield (FY) 2.29% | Basic EPS (TTM) 1.29 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 127.6% | Operating Margin (TTM) 26.98% |
Management Effectiveness
Return on Assets (TTM) 1.64% | Return on Equity (TTM) 12.04% |
Valuation
Trailing PE 7.91 | Forward PE 161.29 | Enterprise Value 616198668 | Price to Sales(TTM) 8.33 |
Enterprise Value 616198668 | Price to Sales(TTM) 8.33 | ||
Enterprise Value to Revenue 11.2 | Enterprise Value to EBITDA 6.8 | Shares Outstanding 44164368 | Shares Floating 38928099 |
Shares Outstanding 44164368 | Shares Floating 38928099 | ||
Percent Insiders 11.07 | Percent Institutions 60.49 |
Upturn AI SWOT
Farmland Partners Inc

Company Overview
History and Background
Farmland Partners Inc. (FPI) was founded in 2014 as a real estate investment trust (REIT) focused on acquiring and owning high-quality farmland throughout North America. It aims to provide long-term appreciation and current income to its shareholders.
Core Business Areas
- Farmland Ownership and Leasing: Acquiring, owning, and leasing farmland to farmers. They generate revenue through rental income and potential appreciation of the land's value.
- Farm Management Services: Providing management services to farmers, including crop planning, marketing, and financial management.
Leadership and Structure
Paul Pittman serves as the Chairman and CEO. The company is structured as a REIT with a Board of Directors overseeing operations and investment strategies.
Top Products and Market Share
Key Offerings
- Farmland Leases: FPI leases farmland to farmers who grow a variety of crops. Market share data is difficult to pinpoint precisely due to the fragmented nature of farmland ownership, but FPI is a significant player among publicly traded farmland REITs. Competitors include private farmland owners and other agricultural REITs.
- Farmland Management Services: FPI offers farm management, irrigation and other related services to growers. The market share data for this is unknwon but it is highly fragmented with competitors ranging from large agricultural service providers to local consultants
Market Dynamics
Industry Overview
The farmland industry is characterized by increasing demand for food production, limited land supply, and technological advancements in farming practices. Factors like population growth and changing dietary habits drive demand for agricultural products.
Positioning
FPI is positioned as a long-term investor in farmland, aiming to capitalize on the appreciation of land values and generate income through leasing. Its competitive advantage lies in its scale and access to capital markets.
Total Addressable Market (TAM)
The total addressable market is the entire farmland market in the US. It is a large market. FPI aims to achieve marketshare gains by scale, efficiency and management.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of farmland across multiple regions and crop types
- Access to capital markets for acquisitions
- REIT structure providing tax advantages
Weaknesses
- Reliance on agricultural commodity prices
- Vulnerability to weather-related risks and natural disasters
- Relatively small market capitalization compared to larger REITs
- High debt levels
Opportunities
- Acquisition of additional farmland at attractive prices
- Expansion into new geographic regions and crop types
- Increased demand for sustainable and organic farming practices
- Partnerships with technology companies to improve farming efficiency
Threats
- Fluctuations in agricultural commodity prices
- Rising interest rates impacting borrowing costs
- Competition from other farmland investors
- Changes in government regulations affecting agriculture
Competitors and Market Share
Key Competitors
- AGCO
- DE
Competitive Landscape
FPI competes with other REITs, private farmland owners, and institutional investors. Its advantages include its REIT structure and access to capital, while its disadvantages include its smaller size and dependence on commodity prices.
Growth Trajectory and Initiatives
Historical Growth: Farmland Partners' growth has been driven by acquisitions of farmland. However, the growth is subject to risks and challenges
Future Projections: Future growth projections are subject to market conditions and other factors. Consult analyst reports for detailed estimates.
Recent Initiatives: Recent initiatives include strategic acquisitions of farmland and efforts to improve farm management practices. Check their most recent quarterly reports.
Summary
Farmland Partners Inc. is a REIT focused on acquiring and leasing farmland, benefiting from increasing demand for agricultural products. It has a diversified portfolio and an experienced team, but is exposed to commodity price fluctuations and weather risks. Recent initatives are acquisition focused but high debt needs to be managed. Overall, FPI has potential for long-term growth with good management if it can manage market risks well. Investors should be aware of these factors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q), Company Website, Analyst Reports (where available), Yahoo Finance, Google Finance
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice, and investors should conduct their own due diligence before making investment decisions. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Farmland Partners Inc
Exchange NYSE | Headquaters Denver, CO, United States | ||
IPO Launch date 2014-04-11 | CEO, President & Non-Independent Director Mr. Luca Fabbri | ||
Sector Real Estate | Industry REIT - Specialty | Full time employees 23 | Website https://www.farmlandpartners.com |
Full time employees 23 | Website https://www.farmlandpartners.com |
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 third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of March 31, 2025, the Company owned and/or managed approximately 139,200 acres of farmland in 16 states, including Arkansas, California, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Texas and West Virginia. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.