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FPI

Farmland Partners Inc

$14.93

Earnings Summary

Revenue
$12.36Mn
Net Profits
$2.06Mn
Net Profit Margins
16.67%
PE Ratio
166.22

Highlights

Revenue:

Farmland Partners Inc’s revenue jumped 23.41% since last year same period to $12.36Mn in the Q2 2022. On a quarterly growth basis, Farmland Partners Inc has generated -11.04% fall in its revenue since last 3-months.

Net Profits:

Farmland Partners Inc’s net profit jumped 175.32% since last year same period to $2.06Mn in the Q2 2022. On a quarterly growth basis, Farmland Partners Inc has generated 867.14% jump in its net profits since last 3-months.

Net Profit Margins:

Farmland Partners Inc’s net profit margin jumped 161.03% since last year same period to 16.67% in the Q2 2022. On a quarterly growth basis, Farmland Partners Inc has generated 987.12% jump in its net profit margins since last 3-months.

PE Ratio:

Farmland Partners Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 166.22.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Farmland Partners Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.02
EPS Estimate Current Year
-0.02

Highlights

EPS Estimate Current Quarter:

Farmland Partners Inc’s earning per share (EPS) estimates for the current quarter stand at -0.02 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Farmland Partners Inc’s earning per share (EPS) estimates for the current year stand at -0.02.

Key Ratios

Key ratios of the Farmland Partners Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.04
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.02
Dividend Per Share (DPS)
0.21

Highlights

Earning Per Share (EPS):

Farmland Partners Inc’s earning per share (EPS) jumped 121.05% since last year same period to 0.04 in the Q2 2022. This indicates that the Farmland Partners Inc has generated 121.05% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Farmland Partners Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Farmland Partners Inc’s return on equity (ROE) stands at 0.02.

Dividend Per Share (DPS):

Farmland Partners Inc declared 0.21 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.03
0
-84.33%
2022-07-28
-0.02
0.04
300%

Company Information

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 the date of 31 March 2021, the Company owns approximately 150,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. The company has approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

Organisation
Farmland Partners Inc
Headquarters
Denver, Colorado, US
Employees
13
Industry
Finance
CEO
Paul Pittman