Farmland Partners (FPI) Scheduled to Post Earnings on Tuesday

Farmland Partners (NYSE:FPI) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Farmland Partners to post earnings of $0.02 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Farmland Partners Stock Up 0.7 %

Shares of NYSE:FPI opened at $10.84 on Friday. The firm’s 50 day moving average price is $10.90 and its 200-day moving average price is $11.38. Farmland Partners has a twelve month low of $9.95 and a twelve month high of $13.27. The stock has a market capitalization of $521.95 million, a PE ratio of 20.85 and a beta of 0.75.

Farmland Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 1st were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend was Thursday, March 28th. Farmland Partners’s dividend payout ratio (DPR) is presently 46.15%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FPI. Roth Capital reissued a “buy” rating on shares of Farmland Partners in a report on Thursday, February 8th. StockNews.com raised shares of Farmland Partners from a “sell” rating to a “hold” rating in a report on Friday, March 8th.

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.