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Upturn AI SWOT - About
FPI 
Farmland Partners Inc (FPI)
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Upturn Advisory Summary
04/01/2025: FPI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 3.1% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 527.15M USD | Price to earnings Ratio 10.52 | 1Y Target Price 12.75 |
Price to earnings Ratio 10.52 | 1Y Target Price 12.75 | ||
Volume (30-day avg) 469248 | Beta 0.7 | 52 Weeks Range 8.70 - 12.87 | Updated Date 03/31/2025 |
52 Weeks Range 8.70 - 12.87 | Updated Date 03/31/2025 | ||
Dividends yield (FY) 2.15% | Basic EPS (TTM) 1.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 102.67% | Operating Margin (TTM) 55.44% |
Management Effectiveness
Return on Assets (TTM) 1.79% | Return on Equity (TTM) 10.01% |
Valuation
Trailing PE 10.52 | Forward PE 161.29 | Enterprise Value 639148566 | Price to Sales(TTM) 9.03 |
Enterprise Value 639148566 | Price to Sales(TTM) 9.03 | ||
Enterprise Value to Revenue 10.98 | Enterprise Value to EBITDA 7.44 | Shares Outstanding 45990400 | Shares Floating 40567769 |
Shares Outstanding 45990400 | Shares Floating 40567769 | ||
Percent Insiders 10.81 | Percent Institutions 64.27 |
Analyst Ratings
Rating 4.25 | Target Price 12.33 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Farmland Partners Inc
Company Overview
History and Background
Farmland Partners Inc. (FPI) was founded in 2014 and is headquartered in Denver, Colorado. It is a real estate investment trust (REIT) that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farmland. It aims to generate attractive risk-adjusted returns.
Core Business Areas
- Farmland Ownership and Leasing: FPI acquires and owns farmland, primarily in the United States, which it then leases to farmers under various arrangements, including share crop, percentage rent, and fixed rent.
- Farm Loan Program: FPI provides mortgage loans to farmers, secured by their farmland.
Leadership and Structure
Paul Pittman serves as Chairman and CEO. The company operates with a typical REIT structure, overseen by a Board of Directors.
Top Products and Market Share
Key Offerings
- Farmland Leases: FPI's primary offering is leasing its owned farmland to farmers. Market share data is difficult to pinpoint precisely, as the farmland ownership market is fragmented. Competitors include private farmland owners, institutional investors, and other REITs. Revenue is derived from lease income.
- Farm Loans: FPI provides mortgage loans secured by farmland. Competitors include regional and national banks, farm credit associations, and other private lenders. Market share data is not readily available. Revenue is generated from interest income.
Market Dynamics
Industry Overview
The farmland market is influenced by factors such as commodity prices, weather patterns, government subsidies, and technological advancements in agriculture. Demand for farmland can be driven by population growth and increasing food demand.
Positioning
FPI positions itself as a provider of access to farmland investment, offering diversification and potential inflation hedging for investors. Its competitive advantages include its scale, expertise in farmland management, and access to capital.
Total Addressable Market (TAM)
The estimated value of U.S. farmland is in the trillions of dollars. FPI's market capitalization represents a small fraction of this TAM, indicating significant growth potential. FPI aims to increase its market share by acquiring additional farmland and expanding its lending activities.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of farmland across multiple regions and crops
- Access to capital markets
- Potential for rental income growth
- Inflation hedge
Weaknesses
- High debt levels
- Susceptibility to commodity price fluctuations
- Exposure to weather-related risks
- Ongoing legal issues which can be a distraction and financially draining
- Relatively small market capitalization, which can cause share price volatility.
Opportunities
- Acquisition of additional farmland at attractive prices
- Expansion of farm loan program
- Development of value-added services for tenants
- Increased demand for sustainably produced food
- Consolidation within the farmland REIT industry
Threats
- Declining commodity prices
- Rising interest rates
- Severe weather events (e.g., droughts, floods)
- Changes in government agricultural policies
- Competition from other farmland investors
- Increased operation expenses.
Competitors and Market Share
Key Competitors
- American Farmland Company (AFCO)
- Gladstone Land Corporation (LAND)
- AGCO Corporation (AGCO)
Competitive Landscape
FPI competes with other REITs, private farmland owners, and institutional investors. Its competitive advantages include its scale, expertise in farmland management, and access to capital. Compared to some competitors, it has had a smaller market share and has been less stable.
Major Acquisitions
Murray Wise Associates
- Year: 2021
- Acquisition Price (USD millions): 6.2
- Strategic Rationale: The acquisition expanded Farmland Partners' auction and brokerage services.
Growth Trajectory and Initiatives
Historical Growth: FPI has grown through acquisitions of farmland and expansion of its lending activities. The pace of growth has been affected by capital availability and market conditions.
Future Projections: Analyst estimates vary, but generally project continued growth in revenue and assets under management. The company has a goal to double in size in the next few years.
Recent Initiatives: Recent initiatives include strategic acquisitions of farmland, expansion of the farm loan portfolio, and efforts to improve operational efficiency.
Summary
Farmland Partners Inc. is a REIT focused on acquiring and leasing farmland, with a secondary business of farm loans. The company has demonstrated growth through acquisitions, but faces challenges including high debt, commodity price volatility, and ongoing legal issues. Its future growth hinges on successful farmland acquisitions, efficient operations, and the overall health of the agricultural sector. While FPI offers exposure to farmland investment, investors should carefully consider its financial health and risk factors.
Similar Companies
- LAND
- AGCO
- AFCO
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Financial News Outlets
- Industry Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Financial data may be outdated and should be independently verified. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Farmland Partners Inc
Exchange NYSE | Headquaters Denver, CO, United States | ||
IPO Launch date 2014-04-11 | CEO, President & Non-Independent Director Mr. Luca Fabbri | ||
Sector Real Estate | Industry REIT - Specialty | Full time employees 23 | Website https://www.farmlandpartners.com |
Full time employees 23 | Website https://www.farmlandpartners.com | ||
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. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. 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.
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