earnings
confidence high
sentiment positive
materiality 0.70
Farmland Partners Q2 AFFO per share up 33% to $0.04; NOI up 2.9%; guidance low-end raised
Farmland Partners Inc.
- Net income $3.1M ($0.07) vs $7.8M ($0.15) in Q2 2025, down 60%.
- AFFO $1.7M ($0.04) vs $1.3M ($0.03), up 31%.
- NOI $7.1M, up 2.9% YoY; total operating revenues $9.4M, down 5.7%.
- Disposed one property for ~$7.0M, gain $3.5M; repaid $8.0M on credit lines, debt/gross book value 35.5%.
- Raised low end of 2026 AFFO guidance to $0.31 from $0.30; top end unchanged $0.35.