Farmland Partners Inc. (FPI)
Farmland Partners Statistics
Share Statistics
Farmland Partners has 48.17M shares outstanding. The number of shares has increased by 0.3% in one year.
| Shares Outstanding | 48.17M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 43.50M |
| Failed to Deliver (FTD) Shares | 2.00K |
| FTD / Avg. Volume | 0.55% |
Short Selling Information
The latest short interest is 3.51M, so 7.29% of the outstanding shares have been sold short.
| Short Interest | 3.51M |
| Short % of Shares Out | 7.29% |
| Short % of Float | 8.07% |
| Short Ratio (days to cover) | 10.19 |
Valuation Ratios
The PE ratio is 20.28 and the forward PE ratio is 135.22.
| PE Ratio | 20.28 |
| Forward PE | 135.22 |
| PS Ratio | 10.91 |
| Forward PS | 11.7 |
| PB Ratio | 1.22 |
| P/FCF Ratio | 48.66 |
| PEG Ratio | n/a |
Enterprise Valuation
Farmland Partners Inc. has an Enterprise Value (EV) of 988.29M.
| EV / Earnings | 31.97 |
| EV / Sales | 17.2 |
| EV / EBITDA | 16.23 |
| EV / EBIT | 31.37 |
| EV / FCF | 76.69 |
Financial Position
The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.7.
| Current Ratio | 1.65 |
| Quick Ratio | 1.58 |
| Debt / Equity | 0.7 |
| Total Debt / Capitalization | 41.19 |
| Cash Flow / Debt | 0.04 |
| Interest Coverage | 1.39 |
Financial Efficiency
Return on equity (ROE) is 0.06% and return on capital (ROIC) is 3.19%.
| Return on Equity (ROE) | 0.06% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 3.19% |
| Revenue Per Employee | 2.30M |
| Profits Per Employee | 1.24M |
| Employee Count | 25 |
| Asset Turnover | 0.06 |
| Inventory Turnover | 5.74 |
Taxes
| Income Tax | -166.00K |
| Effective Tax Rate | -0.01 |
Stock Price Statistics
The stock price has increased by 2.63% in the last 52 weeks. The beta is 0.69, so Farmland Partners 's price volatility has been higher than the market average.
| Beta | 0.69 |
| 52-Week Price Change | 2.63% |
| 50-Day Moving Average | 12.04 |
| 200-Day Moving Average | 11.16 |
| Relative Strength Index (RSI) | 49.16 |
| Average Volume (20 Days) | 363.43K |
Income Statement
In the last 12 months, Farmland Partners had revenue of 57.47M and earned 30.91M in profits. Earnings per share was 0.55.
| Revenue | 57.47M |
| Gross Profit | 44.05M |
| Operating Income | 31.50M |
| Net Income | 30.91M |
| EBITDA | 60.90M |
| EBIT | 31.50M |
| Earnings Per Share (EPS) | 0.55 |
Balance Sheet
The company has 5.49M in cash and 361.26M in debt, giving a net cash position of -355.77M.
| Cash & Cash Equivalents | 5.49M |
| Total Debt | 361.26M |
| Net Cash | -355.77M |
| Retained Earnings | -64.53M |
| Total Assets | 1.03B |
| Working Capital | 19.12M |
Cash Flow
In the last 12 months, operating cash flow was 12.89M and capital expenditures 0, giving a free cash flow of 12.89M.
| Operating Cash Flow | 12.89M |
| Capital Expenditures | 0 |
| Free Cash Flow | 12.89M |
| FCF Per Share | 0.26 |
Margins
Gross margin is 76.66%, with operating and profit margins of 54.82% and 53.79%.
| Gross Margin | 76.66% |
| Operating Margin | 54.82% |
| Pretax Margin | 54.84% |
| Profit Margin | 53.79% |
| EBITDA Margin | 105.98% |
| EBIT Margin | 54.82% |
| FCF Margin | 22.43% |
Dividends & Yields
FPI pays an annual dividend of $0.24, which amounts to a dividend yield of 2.09%.
| Dividend Per Share | $0.24 |
| Dividend Yield | 2.09% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 82.76% |
| Earnings Yield | 4.7% |
| FCF Yield | 2.29% |
Analyst Forecast
The average price target for FPI is $15, which is 28.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $15 |
| Price Target Difference | 28.3% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Oct 17, 2014. It was a backward split with a ratio of 1:4.
| Last Split Date | Oct 17, 2014 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 0.89 |
| Piotroski F-Score | 7 |