Farmland Partners (NYSE:FPI) Releases FY 2025 Earnings Guidance

Farmland Partners (NYSE:FPI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.250-0.300 for the period, compared to the consensus earnings per share estimate of 0.200. The company issued revenue guidance of $46.5 million-$48.1 million, compared to the consensus revenue estimate of $47.2 million.

Farmland Partners Stock Performance

Shares of FPI stock traded down $0.11 during mid-day trading on Friday, hitting $12.41. 437,019 shares of the stock traded hands, compared to its average volume of 253,048. The firm has a market cap of $597.55 million, a price-to-earnings ratio of 12.41 and a beta of 0.69. The company's 50-day simple moving average is $11.77 and its 200-day simple moving average is $11.32. Farmland Partners has a twelve month low of $9.70 and a twelve month high of $12.87.

Farmland Partners (NYSE:FPI - Get Free Report) last issued its earnings results on Wednesday, February 19th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The business had revenue of $21.47 million for the quarter, compared to analysts' expectations of $20.29 million. Farmland Partners had a return on equity of 11.47% and a net margin of 102.89%. Analysts forecast that Farmland Partners will post 0.13 earnings per share for the current year.

Farmland Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Tuesday, April 1st. Farmland Partners's payout ratio is 24.00%.

Analysts Set New Price Targets

Separately, StockNews.com cut Farmland Partners from a "hold" rating to a "sell" rating in a report on Thursday.

Insider Transactions at Farmland Partners

In other Farmland Partners news, Director John A. Good purchased 15,000 shares of the company's stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of $12.23 per share, with a total value of $183,450.00. Following the completion of the transaction, the director now owns 101,465 shares of the company's stock, valued at approximately $1,240,916.95. This represents a 17.35 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.30% of the stock is currently owned by insiders.

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.