Farmland Partners Inc FPI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $10.38
- Day Range
- $10.38–10.47
- 52-Week Range
- $9.70–13.12
- Bid/Ask
- $10.36 / $10.50
- Market Cap
- $500.94 Mil
- Volume/Avg
- 215,277 / 326,360
Key Statistics
- Price/Earnings (Normalized)
- 321.33
- Price/Sales
- 10.25
- Dividend Yield (Trailing)
- 2.31%
- Dividend Yield (Forward)
- 2.31%
- Total Yield
- 4.48%
Company Profile
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, citrus, blueberries, and vegetables. The company generates its revenues through the rent it receives from its tenants.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stock Style Box
- Small Core
- Total Number of Employees
- 26
- Website
- https://www.farmlandpartners.com
Comparables
Valuation
|
Metric
|
FPI
|
LAND
|
RFF
|
|---|---|---|---|
Price/Earnings (Normalized) | 321.33 | — | 17.02 |
Price/Book Value | 0.98 | 0.70 | 0.72 |
Price/Sales | 10.25 | 5.57 | 8.14 |
Price/Cash Flow | 47.78 | 9.93 | 24.50 |
Price/Earnings
FPI
LAND
RFF
Financial Strength
|
Metric
|
FPI
|
LAND
|
RFF
|
|---|---|---|---|
Quick Ratio | 0.77 | 3.42 | 0.50 |
Current Ratio | 0.97 | 3.42 | 1.69 |
Interest Coverage | 1.96 | 1.78 | 4.25 |
Quick Ratio
FPI
LAND
RFF
Profitability
|
Metric
|
FPI
|
LAND
|
RFF
|
|---|---|---|---|
Return on Assets (Normalized) | 1.24% | 1.29% | 1.12% |
Return on Equity (Normalized) | 2.53% | 2.48% | 1.92% |
Return on Invested Capital (Normalized) | 3.04% | 2.96% | 1.47% |
Return on Assets
FPI
LAND
RFF
REIT - Specialty Industry Comparables
|
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United States