Farmland Partners Inc.

Last price update: 23 Feb 24 23:00 GMT

Price:
$11.08
Open:
$11.11
Previous close:
$11.09
Day's range:
$11.06 - $11.23
Year's range:
$9.44 - $13.27
Net Income per Share:
0.33
Price-to-Earnings ratio:
33.58
52-week Price Range:
$11.78
Volume:
$222,482.00
Average volume:
$466,816.00

Company profile for Farmland Partners Inc.

Farmland Partners Inc. logo

Farmland Partners Inc. is one of the leading players in the North American farmland markets. It is an internally managed real estate company that owns and seeks to acquire high-quality farmland across 16 states. As of the date of this release, the company owns approximately 155,000 acres of farmland with 26 crop types and around 100 tenants. In addition, the company has established itself as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Farmland Partners Inc. has been actively increasing its portfolio of farmland in recent years. In 2020, the company purchased around 25,000 acres of farmland in Arkansas and Texas with a total purchase price of approximately $116 million. The company also seeks to provide long-term value to its shareholders through capitalizing on its strong portfolio of farm real estate as well as making strategic investments in new farmlands. Furthermore, the company offers loan services for farmers and landowners in order to help them finance their farming activities and expand their operations.

The company also invests in cutting-edge technology to maximize the efficiency of its operations, implementing a wide range of automation and robotics in its farming and harvesting processes. In addition, the company has established several partnerships with some of the leading agricultural institutions and organizations, including the United States Department of Agriculture, to maximize its yield from its farmlands and enhance the sustainability of its operations. The company has also recently established a comprehensive sustainability program, aiming to reduce its environmental footprint, conserve resources and enhance the livelihood of its tenants.

Stock exchanges:
NYSE
Sector:
Real Estate
Industries:
REIT
Ticker:
FPI
CIK:
1591670
ISIN:
US31154R1095
Website:
https://www.farmlandpartners.com
Phone:
720-452-3100
Origin:
United States
Employees:
25