Farmland Partners Inc FPI

Morningstar Rating
$11.15 −0.09 (0.80%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FPI is trading at a LOCK|??@>X premium.
Price
$11.15
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

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Trading Information

Previous Close Price
$11.24
Day Range
$11.10–11.44
52-Week Range
$9.21–13.23
Bid/Ask
$11.16 / $11.40
Shares Outstanding
43.63M
Market Cap
$486.48M
Volume/Avg
13 / 564,401

Key Statistics

Price/Earnings (Normalized)
22.03
Price/Sales
9.92
Dividend Yield (Trailing)
2.96%
Dividend Yield (Forward)
3.23%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
5.76%

Company Profile

Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
Sector
Real Estate
Industry
REIT - Specialty
Stock Style Box
Small Growth
Total Number of Employees
12

Valuation

Metric
FPI
Price/Earnings (Normalized)
22.03
Price/Book Value
1.06
Price/Sales
9.92
Price/Cash Flow
24.79
Price/Earnings
FPI

Financial Strength

Metric
FPI
Quick Ratio
7.33
Current Ratio
7.57
Interest Coverage
3.52
Quick Ratio
FPI

Profitability

Metric
FPI
Return on Assets (Normalized)
4.60%
Return on Equity (Normalized)
7.31%
Return on Invested Capital (Normalized)
6.14%
Return on Assets
FPI

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