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FPI logo FPI
Upturn stock ratingUpturn stock rating
FPI logo

Farmland Partners Inc (FPI)

Upturn stock ratingUpturn stock rating
$10.2
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

10/10/2025: FPI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $12.25

1 Year Target Price $12.25

Analysts Price Target For last 52 week
$12.25 Target price
52w Low $9.47
Current$10.2
52w High $12.66

Analysis of Past Performance

Type Stock
Historic Profit -0.08%
Avg. Invested days 48
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/10/2025

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

ai summary icon Upturn AI SWOT

Farmland Partners Inc

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 23

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.