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 2019)13(-18%)
Revenue (FY, 2018)$56.1 M(+19%)
Share Price (Dec 2019)$6.5

Key People/Management at Farmland Partners

Paul Pittman

Paul Pittman

Executive Chairman, President and CEO
Luca Fabbri

Luca Fabbri

Chief Financial Officer and Treasurer
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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 $56.07 m in FY, 2018
USD

Revenue (Q3, 2019)

9.8m

Net income (Q3, 2019)

(1.4m)

EBIT (Q3, 2019)

3.2m

Market capitalization (5-Dec-2019)

196.7m

Closing stock price (5-Dec-2019)

6.5

Cash (30-Sept-2019)

8.6m
Farmland Partners's current market capitalization is $196.7 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

226%125%

General and administrative expense

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

Operating expense total

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

Revenue

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

General and administrative expense

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

Operating expense total

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

Depreciation and amortization

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

Cash

33.7m47.2m53.5m16.9m

Accounts Receivable

336.9k4.2m6.7m6.1m

Prepaid Expenses

3.1m3.6m

Inventories

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

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Total Assets

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

Net Income

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

Depreciation and Amortization

328.6k893.3k7.8m8.5m

Inventories

248.6k257.0k(216.0k)

Cash From Operating Activities

1.8m7.7m5.0m929.0k20.0m
USDY, 2019

Financial Leverage

3.6 x
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Farmland Partners Online and Social Media Presence

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Farmland Partners News and Updates

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...

Farmland Partners Inc. Reports Third Quarter 2018 Results

DENVER, Nov. 5, 2018 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended September 30, 2018. Third Quarter 2018 Highlights Reported total operating revenues of $12.6 million, a 4.2% increase over the same period in 2017 ...

Farmland Partners Inc. Announces Date for Third Quarter 2018 Earnings Release and Conference Call

DENVER, Nov. 1, 2018 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced it will release its financial results for the three months ended September 30, 2018 after 4:00 p.m. (Eastern Time) on Monday, November 5, 2018, and will host a conference call the...
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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 Pittman and Luca Fabbri.

  • How many employees does Farmland Partners have?

    Farmland Partners has 13 employees.

  • What is Farmland Partners revenue?

    Latest Farmland Partners annual revenue is $56.1 m.

  • What is Farmland Partners revenue per employee?

    Latest Farmland Partners revenue per employee is $4.3 m.

  • Who are Farmland Partners competitors?

    Competitors of Farmland Partners include Artemis Real Estate Partners, National Retail Properties and One Liberty Properties.

  • 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.