Farmland Partners (NYSE:FPI) Sees Unusually-High Trading Volume After Strong Earnings

Farmland Partners Inc. (NYSE:FPI) saw an uptick in trading volume on Thursday following a better than expected earnings announcement. 1,467,494 shares traded hands during trading, an increase of 159% from the previous session’s volume of 565,995 shares.The stock last traded at $12.0540 and had previously closed at $11.68.

The financial services provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.23. Farmland Partners had a return on equity of 14.37% and a net margin of 130.10%.The firm had revenue of $20.72 million for the quarter, compared to the consensus estimate of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS.

Farmland Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.0%. This is a boost from Farmland Partners’s previous quarterly dividend of $0.06. The ex-dividend date is Wednesday, April 1st. Farmland Partners’s dividend payout ratio is 20.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Farmland Partners in a report on Monday, December 29th. B. Riley Financial reaffirmed a “neutral” rating on shares of Farmland Partners in a report on Thursday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Insider Activity at Farmland Partners

In other Farmland Partners news, Director John A. Good acquired 3,000 shares of the stock in a transaction dated Monday, December 15th. The stock was purchased at an average cost of $10.20 per share, for a total transaction of $30,600.00. Following the acquisition, the director owned 15,100 shares in the company, valued at $154,020. The trade was a 24.79% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 8.30% of the company’s stock.

Hedge Funds Weigh In On Farmland Partners

Large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Farmland Partners by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider’s stock worth $293,000 after purchasing an additional 1,092 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Farmland Partners during the 1st quarter valued at approximately $174,000. Jane Street Group LLC bought a new position in Farmland Partners during the 1st quarter valued at approximately $1,404,000. Strs Ohio purchased a new stake in Farmland Partners in the 1st quarter worth approximately $96,000. Finally, Gables Capital Management Inc. purchased a new stake in Farmland Partners in the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 58.00% of the company’s stock.

Farmland Partners Stock Performance

The stock has a market capitalization of $521.29 million, a P/E ratio of 10.07 and a beta of 0.79. The stock has a 50-day moving average price of $10.67 and a two-hundred day moving average price of $10.50.

About Farmland Partners

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company’s primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.