Farmland Partners (FPI) to Release Earnings on Tuesday

Farmland Partners (NYSE:FPI - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Farmland Partners to post earnings of $0.06 per share and revenue of $9.49 million for the quarter. Farmland Partners has set its FY 2025 guidance at 0.250-0.300 EPS.

Farmland Partners (NYSE:FPI - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. Farmland Partners had a net margin of 102.89% and a return on equity of 11.47%. The business had revenue of $21.47 million for the quarter, compared to the consensus estimate of $20.29 million.

Farmland Partners Stock Up 2.5 %

FPI traded up $0.25 during trading on Friday, hitting $10.07. The company's stock had a trading volume of 658,083 shares, compared to its average volume of 345,560. Farmland Partners has a one year low of $9.66 and a one year high of $12.87. The firm has a market cap of $463.12 million, a PE ratio of 10.07 and a beta of 0.78. The business's 50 day simple moving average is $10.83 and its 200-day simple moving average is $11.48.

Farmland Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were given a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.24 annualized dividend and a yield of 2.38%. Farmland Partners's payout ratio is presently 24.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Farmland Partners from a "sell" rating to a "hold" rating in a research report on Friday, February 28th.

Farmland Partners Company Profile

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 farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas.