earnings
confidence high
sentiment positive
materiality 0.65
FPI Q3 AFFO $0.07/share (up 133%); guides 2025 AFFO to $0.32-$0.36; sells brokerage for $5.3M
Farmland Partners Inc.
2025-Q3 EPS reported
$0.18
revenue$31,463,000
- Q3 AFFO $2.9M ($0.07/share) vs $1.4M ($0.03) YoY; revenue $11.3M (-15.5%); net income $0.5M ($0.00).
- Raises 2025 AFFO guidance to $0.32-$0.36 from $0.28-$0.34; expects special dividend $0.18-$0.22 in Jan 2026.
- Sold Murray Wise Associates brokerage/farm mgmt to Peoples Company for $5.3M; close Q4 2025.
- Exchanged 23 Corn Belt properties for $31M of Series A preferred units (56% above 2016 cost); reduces preferred exposure to $68M.
- Repurchased 1,248,802 shares at $10.84 avg during Q3.