OverviewSuggest Edit

Farmland Partners Inc. is a real estate company that owns and seeks to acquire high-quality farmland throughout North America addressing the global demand for food, feed, fiber and fuel. The Company is also interested in acquiring properties related to farming, such as grain storage facilities, grain elevators, feedlots, cold storage facilities, processing plants and distribution centers, as well as livestock farms or ranches. In addition, under the FPI Loan Program, Farmland Partners provides mortgage loans secured by farmland and properties related to farming.

TypePublic
Founded2013
HQDenver, US
Websitefarmlandpartners.com

Latest Updates

Employees (est.) (Mar 2020)12(-7%)
Revenue (FY, 2019)$53.6 M(-4%)
Share Price (Jul 2020)$6.9 (-1%)
Cybersecurity ratingAMore

Key People/Management at Farmland Partners

Paul A. Pittman

Paul A. Pittman

Executive Chairman, President and CEO

Farmland Partners Office Locations

Farmland Partners has an office in Denver
Denver, US (HQ)
4600 S Syracuse St #1450
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Farmland Partners Financials and Metrics

Farmland Partners Revenue

Farmland Partners's revenue was reported to be $53.56 m in FY, 2019
USD

Revenue (Q1, 2020)

11.7m

Net income (Q1, 2020)

419.0k

EBIT (Q1, 2020)

5.3m

Market capitalization (31-Jul-2020)

344.7m

Closing stock price (31-Jul-2020)

6.9

Cash (31-Mar-2020)

15.0m

EV

329.9m
Farmland Partners's current market capitalization is $344.7 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.2m13.8m31.0m47.2m56.1m53.6m

Revenue growth, %

226%125%

General and administrative expense

2.3m4.2m7.0m7.3m7.5m6.1m

Operating expense total

2.3m4.2m7.5m7.6m7.5m6.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

685.7k786.4k1.3m2.1m4.2m4.7m6.0m6.9m8.1m11.5m12.0m11.2m11.4m12.5m10.9m10.9m9.8m11.7m

General and administrative expense

747.0k646.0k875.0k1.1m1.5m1.7m1.6m2.1m2.1m1.7m2.0m1.7m1.7m1.4m1.4m1.4m1.5m

Operating expense total

216.5k747.0k646.0k875.0k2.0m1.6m1.7m1.7m2.2m2.2m1.8m2.0m1.7m1.7m1.6m1.4m2.1m1.5m

Depreciation and amortization

39.9k1.5m2.1m2.1m2.1m2.1m2.2m2.1m2.1m2.1m2.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

33.7m47.2m53.5m16.9m12.6m

Accounts Receivable

336.9k4.2m6.7m6.1m5.5m

Prepaid Expenses

3.1m3.6m3.4m

Inventories

65.6m283.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.0k5.4m63.7m18.2m20.8m42.5m35.7m32.5m17.2m6.4m29.4m129.3m19.7m26.4m23.8m19.2m22.4m8.6m15.0m

Accounts Receivable

17.1k79.6k113.0k188.3k744.2k1.7m1.9m2.1m3.0m3.3m3.2m5.6m4.0m5.5m7.9m4.6m5.3m5.8m

Prepaid Expenses

3.5m3.0m2.7m2.6m2.2m1.9m2.5m1.9m2.0m2.4m

Total Assets

1.0k76.9m139.4m199.5m313.0m352.1m597.8m610.0m612.5m971.3m1.0b1.1b1.2b1.2b1.1b1.1b1.1b1.1b1.1b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(568.2k)1.2m6.0m9.2m14.0m14.9m

Depreciation and Amortization

328.6k893.3k7.8m8.5m8.3m

Inventories

248.6k257.0k(216.0k)(1.3m)

Cash From Operating Activities

1.8m7.7m5.0m929.0k20.0m18.0m
USDQ1, 2014

Financial Leverage

1 x
Show all financial metrics

Farmland Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

Farmland Partners Online and Social Media Presence

Embed Graph

Farmland Partners News and Updates

Farmland Partners Inc. Announces further update on "Short-and-Distort" Litigation

DENVER, June 12, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that Rota Fortunae, the pseudonymous author who executed a "short-and-distort" attack on the Company via a posting published on SeekingAlpha.com, has been identified as Quinton Mathews...

Farmland Partners Inc. Announces Court Order to Unmask Defendants in "Short-and-Distort" Litigation

DENVER, May 20, 2020 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that the Honorable Kristin L. Mix, United States Magistrate Judge for the District of Colorado, ruled in favor of the Company in two critical orders issued on May 18, 2020 in Farmland...

Farmland Partners Inc. Reports Second Quarter 2019 Results

DENVER, Aug. 6, 2019 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended June 30, 2019. Second Quarter 2019 Highlights Reported total operating revenues of $10.9 million, a 4.1% decrease over the same period in 2018...

Farmland Partners Inc. Reports First Quarter 2019 Results

DENVER, May 8, 2019 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended March 31, 2019. First Quarter 2019 Highlights Reported total operating revenues of $10.9 million, a 2.8% decrease over the same period in 2018...

Farmland Partners Inc. Reports Fourth Quarter and Full Year 2018 Results

DENVER, March 13, 2019 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter and fiscal year ended December 31, 2018. Fourth Quarter 2018 Highlights Reported total operating revenues of $20.9 million, a 34.2% increase over the...

Farmland Partners Inc. Announces Redemption of OP Units to Common Stock

DENVER, Jan. 11, 2019 /PRNewswire/ -- Effective January 9, 2019, Paul A. Pittman, Chairman and Chief Executive Officer of Farmland Partners Inc. (NYSE: FPI) (the "Company"), tendered all his units of limited partnership interest (the "OP Units") in the Company's operating partnership for...
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Farmland Partners Frequently Asked Questions

  • When was Farmland Partners founded?

    Farmland Partners was founded in 2013.

  • Who are Farmland Partners key executives?

    Farmland Partners's key executives are Paul A. Pittman.

  • How many employees does Farmland Partners have?

    Farmland Partners has 12 employees.

  • What is Farmland Partners revenue?

    Latest Farmland Partners annual revenue is $53.6 m.

  • What is Farmland Partners revenue per employee?

    Latest Farmland Partners revenue per employee is $4.5 m.

  • Who are Farmland Partners competitors?

    Competitors of Farmland Partners include Empire State Realty Trust, First Industrial Realty Trust and Agree Realty.

  • Where is Farmland Partners headquarters?

    Farmland Partners headquarters is located at 4600 S Syracuse St #1450, Denver.

  • Where are Farmland Partners offices?

    Farmland Partners has an office in Denver.

  • How many offices does Farmland Partners have?

    Farmland Partners has 1 office.