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Farmland Partners Inc.

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.

Market Cap

$482.1M

Volume

335.6K

Cash and Equivalents

$78.4M

EBITDA

$32.6M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$47.0M

Profit Margin

80.63%

52 Week High

$12.87

52 Week Low

$9.70

Dividend

2.27%

Price / Book Value

1.00

Price / Earnings

9.97

Price / Tangible Book Value

1.01

Enterprise Value

$721.7M

Enterprise Value / EBITDA

21.92

Operating Income

$27.0M

Return on Equity

10.01%

Return on Assets

1.79

Cash and Short Term Investments

$78.9M

Debt

$203.9M

Equity

$596.6M

Revenue

$58.4M

Unlevered FCF

$64.1M

Sector

Specialized REITs

Category

N/A

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