Farmland Partners (NYSE:FPI) Posts Earnings Results, Beats Expectations By $0.23 EPS

Farmland Partners (NYSE:FPI) posted its earnings results on Wednesday. The financial services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.23, FiscalAI reports. The business had revenue of $20.72 million during the quarter, compared to the consensus estimate of $17.14 million. Farmland Partners had a return on equity of 6.65% and a net margin of 60.46%. Farmland Partners updated its FY 2026 guidance to 0.330-0.370 EPS.

Farmland Partners Trading Down 4.0%

Shares of Farmland Partners stock traded down $0.48 on Friday, reaching $11.44. 243,533 shares of the stock were exchanged, compared to its average volume of 578,797. The firm has a market capitalization of $492.85 million, a PE ratio of 19.09 and a beta of 0.79. Farmland Partners has a 1-year low of $9.36 and a 1-year high of $12.61. The business has a fifty day moving average price of $10.71 and a two-hundred day moving average price of $10.51.

Farmland Partners Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from Farmland Partners’s previous quarterly dividend of $0.06. This represents a $0.36 annualized dividend and a dividend yield of 3.1%. Farmland Partners’s payout ratio is presently 20.00%.

Analyst Ratings Changes

FPI has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Farmland Partners in a report on Monday, December 29th. B. Riley Financial reiterated a “neutral” rating on shares of Farmland Partners in a research report on Thursday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Farmland Partners currently has a consensus rating of “Hold”.

Insiders Place Their Bets

In other Farmland Partners news, Director John A. Good bought 3,000 shares of the company’s stock in a transaction on Monday, December 15th. The shares were bought at an average price of $10.20 per share, for a total transaction of $30,600.00. Following the transaction, the director owned 15,100 shares of the company’s stock, valued at approximately $154,020. This trade represents a 24.79% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 8.30% of the company’s stock.

Institutional Trading of Farmland Partners

Hedge funds have recently modified their holdings of the business. Intech Investment Management LLC boosted its stake in shares of Farmland Partners by 5.5% in the fourth quarter. Intech Investment Management LLC now owns 19,276 shares of the financial services provider’s stock valued at $187,000 after buying an additional 1,004 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Farmland Partners by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider’s stock worth $293,000 after purchasing an additional 1,092 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of Farmland Partners by 9.9% during the 4th quarter. Kestra Advisory Services LLC now owns 13,040 shares of the financial services provider’s stock worth $126,000 after purchasing an additional 1,171 shares in the last quarter. Principal Securities Inc. grew its stake in shares of Farmland Partners by 12.9% during the 4th quarter. Principal Securities Inc. now owns 15,792 shares of the financial services provider’s stock worth $153,000 after purchasing an additional 1,809 shares during the period. Finally, Barclays PLC increased its holdings in shares of Farmland Partners by 3.5% in the 4th quarter. Barclays PLC now owns 60,441 shares of the financial services provider’s stock valued at $586,000 after purchasing an additional 2,051 shares in the last quarter. 58.00% of the stock is owned by institutional investors and hedge funds.

About Farmland Partners

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.