FPI
Farmland Partners Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Neutral
+1/100
Last price
10.74
▼ 0.41 (3.68%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
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Range —
Vol —
vs
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Open
—
Prev close
11.15
Day high
11.23
Day low
10.72
Volume
752.90K
Market cap
$471.74M
P/E (TTM)
21.92
52W range
9.21 – 13.23
Trailing performance
Returnvs SPY
1W
-3.16%
-5.1%
1M
+0.85%
-0.3%
3M
+11.99%
+7.5%
6M
-6.93%
-25.1%
YTD
+10.84%
-3.4%
1Y
+0.37%
-16.0%
3Y
+4.68%
-77.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on FPI open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
3.43M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 25, 26 | SHERRICK BRUCE J Director |
BUY | 2.00K | $19.30K | Direct |
| Apr 28, 26 | SHERRICK BRUCE J Director |
STOCK | 3.73K | $43.00K | Direct |
| Apr 28, 26 | GOOD JOHN A. Director |
STOCK | 3.99K | $46.00K | Direct |
| Apr 28, 26 | MOORE DANNY D. Director |
STOCK | 3.73K | $43.00K | Direct |
| Feb 24, 26 | GRAFTON JENNIFER S. Director |
BUY | 1.60K | $19.78K | Direct |
| Feb 17, 26 | PITTMAN PAUL A Officer and Director |
STOCK | 26.52K | $0 | Direct |
| Feb 17, 26 | FABBRI LUCA Chief Executive Officer |
STOCK | 39.30K | $0 | Direct |
| Feb 17, 26 | GARRISON CHRISTINE M. General Counsel |
STOCK | 10.96K | $0 | Direct |
| Feb 17, 26 | LANDI SUSAN M CPA Chief Financial Officer |
STOCK | 3.65K | $0 | Direct |
| Dec 15, 25 | GOOD JOHN A. Director |
BUY | 3.00K | $30.61K | Direct |
| Nov 10, 25 | GOOD JOHN A. Director |
BUY | 4.10K | $39.74K | Direct |
| Aug 14, 25 | SHERRICK BRUCE J Director |
BUY | 8.00K | $86.06K | Direct |
| May 19, 25 | SHERRICK BRUCE J Director |
BUY | 7.00K | $73.29K | Direct |
| Feb 18, 25 | PITTMAN PAUL A Officer and Director |
STOCK | 45.69K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Fundamentals
Market cap$471.74M
Enterprise value$681.80M
Revenue (TTM)$51.06M
Gross profit$42.21M
EBITDA$26.78M
Net income$24.17M
EPS (TTM)$0.49
Free cash flow$16.63M
Total cash$11.42M
Total debt$224.31M
Book value / share$10.61
Shares outstanding43.63M
Float39.85M
Short % of float10.63%
Dividend yield3.35%
Beta (5Y)0.70
Valuation & profitability ratios
Trailing P/E21.92
Forward P/E44.75
PEG ratio—
Price / sales—
Price / book1.01
EV / revenue13.35
EV / EBITDA25.46
Gross margin82.67%
Operating margin36.32%
Profit margin50.24%
Return on equity5.03%
Return on assets1.96%
Debt / equity48.44
Current ratio1.02
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $52.18M | $58.23M | $57.47M | $61.21M | -10.4% |
| Operating revenue | $41.45M | $52.15M | $51.44M | $54.25M | -20.5% |
| Cost of revenue | $10.26M | $11.30M | $13.41M | $14.16M | -9.2% |
| Gross profit | $41.91M | $46.92M | $44.05M | $47.05M | -10.7% |
| Selling, general & admin | $14.65M | $15.72M | $12.55M | $14.88M | -6.8% |
| Total operating expense | $18.86M | $21.42M | $20.20M | $21.97M | -11.9% |
| Operating income | $23.06M | $25.50M | $23.86M | $25.09M | -9.6% |
| Net interest income | -$9.63M | -$18.85M | -$22.66M | -$16.14M | +48.9% |
| Pre-tax income | $32.16M | $61.43M | $31.52M | $12.19M | -47.7% |
| Tax provision | -$15.00K | -$16.00K | -$166.00K | $227.00K | +6.3% |
| Net income | $31.55M | $59.91M | $30.91M | $11.67M | -47.3% |
| Net income to common | $28.80M | $56.43M | $27.79M | $8.40M | -49.0% |
| Basic EPS | 0.65 | 1.19 | 0.55 | 0.16 | -45.4% |
| Diluted EPS | 0.61 | 1.06 | 0.53 | 0.16 | -42.5% |
| EBIT | $41.78M | $80.29M | $54.17M | $28.33M | -48.0% |
| EBITDA | $45.95M | $85.88M | $61.67M | $35.29M | -46.5% |
| Basic shares | 44.20M | 47.55M | 50.24M | 50.95M | -7.0% |
| Diluted shares | 51.26M | 55.99M | 58.29M | 50.95M | -8.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $9.29M | $78.44M | $5.49M | $7.65M | -88.2% |
| Cash & short-term investments | $9.29M | $78.44M | $5.49M | $7.65M | -88.2% |
| Accounts receivable | $4.41M | $4.29M | $7.74M | $7.05M | +2.8% |
| Inventory | $2.32M | $2.66M | $2.33M | $2.81M | -12.9% |
| Total current assets | $96.25M | $140.75M | $47.04M | $42.81M | -31.6% |
| Property, plant & equipment | $169.00K | $194.00K | $399.00K | $325.00K | -12.9% |
| Goodwill & intangibles | $0 | $4.08M | $4.74M | $4.76M | -100.0% |
| Total assets | $719.07M | $869.65M | $1.02B | $1.16B | -17.3% |
| Total current liabilities | $20.08M | $69.21M | $29.93M | $18.73M | -71.0% |
| Long-term debt | $160.84M | $203.68M | $360.86M | $436.88M | -21.0% |
| Total debt | $161.01M | $203.88M | $361.26M | $437.20M | -21.0% |
| Total liabilities | $181.09M | $273.09M | $391.19M | $455.94M | -33.7% |
| Retained earnings | -$62.33M | -$72.05M | -$64.53M | -$70.40M | +13.5% |
| Shareholder equity | $459.35M | $481.91M | $515.88M | $580.79M | -4.7% |
| Working capital | $76.17M | $71.54M | $17.11M | $24.08M | +6.5% |
| Net tangible assets | $459.35M | $477.83M | $511.14M | $576.02M | -3.9% |
| Shares issued | 43.09M | 45.93M | 48.00M | 54.32M | -6.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $32.17M | $61.45M | $31.68M | $11.96M | -47.6% |
| Stock-based compensation | $2.16M | $2.35M | $1.85M | $1.94M | -8.1% |
| Change in working capital | -$1.85M | $213.00K | $1.19M | -$2.18M | -970.0% |
| Operating cash flow | $17.43M | $16.14M | $12.89M | $17.05M | +8.0% |
| Investing cash flow | $63.40M | $268.75M | $158.46M | -$60.40M | -76.4% |
| Share buybacks | -$37.82M | -$27.53M | -$80.70M | -$10.16M | -37.4% |
| Dividends paid | -$66.71M | -$24.60M | -$15.48M | -$14.64M | -171.2% |
| Financing cash flow | -$149.97M | -$211.94M | -$173.51M | $20.83M | +29.2% |
| Free cash flow | $17.43M | $16.14M | $12.89M | $17.05M | +8.0% |
| End cash position | $9.29M | $78.44M | $5.49M | $7.65M | -88.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $9.40M | $10.10M | $20.71M | $11.25M | $9.96M | — | -7.0% |
| Operating revenue | $6.79M | $6.56M | $17.39M | $8.78M | $7.46M | — | +3.4% |
| Cost of revenue | $2.31M | $1.50M | $1.80M | $3.25M | $3.07M | — | +53.9% |
| Gross profit | $7.09M | $8.60M | $18.92M | $8.00M | $6.89M | — | -17.6% |
| Selling, general & admin | $2.00M | $2.29M | $5.46M | $3.05M | $3.07M | — | -12.6% |
| Total operating expense | $3.69M | $5.02M | $6.41M | $3.99M | $4.21M | — | -26.5% |
| Operating income | $3.40M | $3.58M | $12.51M | $4.01M | $2.69M | — | -5.0% |
| Net interest income | -$3.08M | -$2.72M | -$2.28M | -$2.27M | -$2.44M | — | -13.3% |
| Pre-tax income | $3.15M | $653.00K | $21.78M | $483.00K | $7.78M | — | +383.2% |
| Tax provision | $24.00K | $7.00K | -$16.00K | -$8.00K | -$8.00K | — | +242.9% |
| Net income | $3.11M | $640.00K | $21.42M | $483.00K | $7.60M | — | +385.9% |
| Net income to common | $3.08M | $406.00K | $20.82M | -$128.00K | $6.84M | — | +658.4% |
| Basic EPS | 0.07 | 0.01 | — | 0.00 | 0.15 | 0.03 | +600.0% |
| Diluted EPS | 0.07 | 0.01 | — | 0.00 | 0.14 | 0.03 | +600.0% |
| EBIT | $6.24M | $3.37M | $24.06M | $2.75M | $10.22M | — | +84.9% |
| EBITDA | $7.14M | $4.28M | $24.99M | $3.69M | $11.35M | — | +66.7% |
| Basic shares | 43.37M | 43.20M | — | 43.19M | 45.25M | 45.59M | +0.4% |
| Diluted shares | 43.37M | 43.20M | — | 43.19M | 53.98M | 45.59M | +0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $11.42M | $17.74M | $9.29M | $13.47M | $51.07M | — | -35.6% |
| Cash & short-term investments | $11.42M | $17.74M | $9.29M | $13.47M | $51.07M | — | -35.6% |
| Accounts receivable | $2.86M | $2.30M | $4.41M | $5.77M | $470.00K | — | +24.3% |
| Inventory | $2.96M | $2.78M | $2.32M | $2.22M | $2.59M | — | +6.7% |
| Total current assets | $93.63M | $100.41M | $96.25M | $86.04M | $118.22M | — | -6.8% |
| Property, plant & equipment | $429.00K | $125.00K | $169.00K | $541.00K | $641.00K | — | +243.2% |
| Goodwill & intangibles | — | — | $0 | $4.07M | $4.07M | $4.08M | — |
| Total assets | $699.80M | $711.71M | $719.07M | $738.55M | $776.67M | — | -1.7% |
| Total current liabilities | $12.37M | $16.29M | $20.08M | $9.77M | $9.28M | — | -24.1% |
| Long-term debt | $223.88M | $231.79M | $160.84M | $169.84M | $192.75M | — | -3.4% |
| Total debt | $224.31M | $231.91M | $161.01M | $170.39M | $193.39M | — | -3.3% |
| Total liabilities | $236.69M | $248.21M | $181.09M | $180.15M | $202.67M | — | -4.6% |
| Retained earnings | -$66.65M | -$65.82M | -$62.33M | -$72.02M | -$69.32M | — | -1.3% |
| Shareholder equity | $460.00M | $460.40M | $459.35M | $449.46M | $465.61M | — | -0.1% |
| Working capital | $81.26M | $84.12M | $76.17M | $76.28M | $108.94M | — | -3.4% |
| Net tangible assets | $460.00M | $460.40M | $459.35M | $445.40M | $461.54M | — | -0.1% |
| Shares issued | 43.63M | 43.62M | 43.09M | 43.10M | 44.34M | — | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $3.13M | $646.00K | $21.80M | $491.00K | $7.79M | +384.7% |
| Stock-based compensation | $434.00K | $468.00K | $594.00K | $515.00K | $528.00K | -7.3% |
| Change in working capital | -$5.03M | $5.14M | $2.18M | -$4.48M | -$3.40M | -197.8% |
| Operating cash flow | -$3.07M | $8.25M | $15.19M | -$1.95M | -$2.18M | -137.2% |
| Investing cash flow | $8.70M | $12.02M | -$7.40M | $3.50M | $67.19M | -27.6% |
| Share buybacks | $0 | -$68.27M | $0 | -$13.56M | -$23.52M | +100.0% |
| Dividends paid | -$3.93M | -$13.79M | -$2.59M | -$2.65M | -$2.76M | +71.5% |
| Financing cash flow | -$11.95M | -$11.82M | -$11.97M | -$39.15M | -$35.59M | -1.1% |
| Free cash flow | -$3.07M | $8.25M | $15.19M | -$1.95M | -$2.18M | -137.2% |
| End cash position | $11.42M | $17.74M | $9.29M | $13.47M | $51.07M | -35.6% |
Options analytics
Put / call volume
4.33
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-76.7% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
3
Contracts, this expiry
Put volume
13
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
10.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.03 | 0.01 | -75.0% |
| Mar 2026 | 0.04 | 0.02 | -61.9% |
| Dec 2025 | 0.18 | 0.19 | +8.0% |
| Sep 2025 | -0.01 | 0.03 | +425.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.02 | 1 | $9.94M | -11.6% |
| Next quarter | 0.16 | 1 | $15.74M | -24.0% |
| Current year | 0.24 | 2 | $45.18M | -13.4% |
| Next year | 0.24 | 1 | $42.91M | -5.0% |
Analyst targets & ownership
Mean target$10.50
High target$10.50
Low target$10.50
Implied upside-2.23%
Analyst count1
ConsensusNONE
Strong buy / Buy0 / 0
Hold2
Sell / Strong sell0 / 0
Held by insiders7.91%
Held by institutions54.94%
Institutions holding250
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
11.01
-2.50% from price
SMA 20
10.91
-1.56% from price
SMA 50
10.37
+3.52% from price
SMA 100
10.15
+5.81% from price
SMA 200
10.70
+0.34% from price
EMA 12
11.00
-2.37% from price
EMA 26
10.80
-0.59% from price
EMA 50
10.56
+1.70% from price
RSI (14)
48.7
Neutral
MACD (12,26,9)
0.20
Hist -0.02
ATR (14)
0.32
3.02% of price
Realised vol 30D
22.7%
Annualised
Bollinger upper
11.37
20, 2σ
Bollinger lower
10.45
20, 2σ
50 / 200 cross
Death
10.37 vs 10.70
Trend bias
Above 200
+0.34%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.32
Less volatile than market
Correlation to SPY
0.18
Largely independent
Realised vol 30D
22.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-28.3%
Peak to trough
Max drawdown 5Y
-42.6%
Peak to trough
ATR 14
0.32
3.02% of price
Beta (reported)
0.70
5Y monthly, from filing
Short interest
Shares short
3.77M
Prior 3.16M
Change vs prior
+19.4%
Shorts adding
% of float
10.63%
Elevated
% of shares out
8.64%
Against total outstanding
Days to cover
6.4
Crowded exit
Float
39.85M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 12, 26 | Raymond James | DOWNGRADE | Outperform | Market Perform |
| Dec 26, 23 | Raymond James | MAINTAINED | Outperform | Outperform |
| Aug 10, 23 | Raymond James | MAINTAINED | Outperform | Outperform |
| Feb 28, 23 | Raymond James | MAINTAINED | — | Outperform |
| Jan 13, 23 | Janney Montgomery Scott | UPGRADE | Neutral | Buy |
| Sep 14, 22 | Raymond James | MAINTAINED | — | Outperform |
| Jun 21, 22 | Roth Capital | INITIATED | — | Buy |
| Mar 16, 22 | Raymond James | MAINTAINED | — | Outperform |
| Oct 14, 21 | Berenberg | INITIATED | — | Buy |
| May 20, 20 | B. Riley Securities | MAINTAINED | — | Neutral |
| Mar 13, 20 | B. Riley Securities | MAINTAINED | — | Neutral |
| Nov 13, 18 | B. Riley Securities | DOWNGRADE | Buy | Neutral |
Dividends & splits
Forward rate$0.36 / yr
Forward yield3.35%
5-year avg yield2.00%
Payout ratio58.82%
Ex-dividend dateOct 1, 2026
Next pay dateOct 15, 2026
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-29
Periodic Financial Reports
10-Q · 2026-04-30
Corporate Changes & Voting Matters
8-K · 2026-04-29
Proxy Statements
DEFA14A · 2026-03-17
Periodic Financial Reports
10-K · 2026-02-19
Corporate Changes & Voting Matters
8-K · 2026-02-18
Periodic Financial Reports
10-Q · 2025-10-30
Headlines
Farmland Partners Inc's Dividend Analysis
GuruFocus.com · 6d ago
JPMorgan warns a brutal grocery shock could hit boomers, as USDA says prices may jump 12.3%. Is your nest egg ready?
Moneywise · 51d ago
Farmland Partners (FPI) Q2 2026 Earnings Call Transcript
Motley Fool · 60d ago
Farmland Partners Q2 Earnings Call Highlights
MarketBeat · 68d ago
Farmland Partners Inc. Q2 2026 Earnings Call Summary
Moby · 69d ago
Farmland Partners (FPI) Beats Q2 FFO and Revenue Estimates
Zacks · 69d ago
Farmland Partners: Q2 Earnings Snapshot
Associated Press · 69d ago
Farmland Partners Inc. Reports Second Quarter 2026 Results
Business Wire · 70d ago
PRIVATE STRATEGY · BY QUALIFICATION
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