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Farmland Partners Inc

$9.76
Market Cap 424.93M
ROE 6.1%
Gross Margin 85.2%
Debt/Equity 0.5
Current Ratio 0.0
Revenue QoQ -1.5%
EPS QoQ -0.7%
F-Score 4

About

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland, makes loans to farmers secured by farm real estate, and manages farmland for third parties. As of the date of this release, the Company owns and/or manages approximately 166,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have 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.

Exchange
NYSE
Sector
Real Estate
Industry
REIT - Specialty

Sector context

Real Estate

Undervalued

Trading at a discount to sector peers

P/E
15.56
vs median 31.97
P/B
0.94
vs median 2.23
ROE
0.06
vs median 0.07

Lower quality - review fundamentals carefully

Small-cap company with higher volatility

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