Highest-materiality recent filing
Net income $0.6M ($0.01 per share) vs $2.1M ($0.03) Q1 2025; AFFO $2.1M ($0.05 per share) flat YoY.
Farmland Partners FY25 AFFO $0.39/share beats guidance; raises quarterly dividend 50% to $0.09
Net income $32.2M ($0.65/sh) vs $61.5M ($1.19) YoY; AFFO $17.9M ($0.39/sh) beats $0.34 midpoint guidance.
FPI Q3 AFFO $0.07/share (up 133%); guides 2025 AFFO to $0.32-$0.36; sells brokerage for $5.3M
Q3 AFFO $2.9M ($0.07/share) vs $1.4M ($0.03) YoY; revenue $11.3M (-15.5%); net income $0.5M ($0.00).
Farmland Partners Q2 net income $7.8M, EPS $0.15; revenue down 13%
Net income of $7.8M vs ($2.1M) in Q2 2024; diluted EPS $0.15 vs ($0.06).
Farmland Partners Q1 net income $2.1M ($0.03/sh); raises 2025 AFFO guidance to $0.28-$0.34
Net income $2.1M ($0.03/sh) vs $1.4M ($0.01) YoY; AFFO $2.3M ($0.05) vs $2.8M ($0.06).
Farmland Partners FY2024 net income $61.5M, AFFO up 81% YoY, debt slashed
Net income $61.5M ($1.19/share) vs $31.7M ($0.55) in 2023; AFFO $14.1M ($0.29/share) up 81% YoY.
Net income $1.8M ($0.02/share) vs $4.3M in Q3 2023; AFFO $1.4M ($0.03/share) vs ($0.5M) loss.
Farmland Partners sells 46 farms for $289M; reduces debt by $146.6M
Completed sale of 46 farms (41,554 acres) in eight states for $289M to Farmland Reserve, Inc.
Farmland Partners agrees to sell 46 farms for $289M; expects ~$50M gain
Portfolio of 46 farms (41,554 acres) sold to Farmland Reserve for $289M all-cash; close Oct 16, 2024.
Farmland Partners Q2 net loss $2.1M; AFFO turns positive to $0.5M
Net loss of $2.1M ($0.06/share) vs net income $7.9M ($0.14) a year ago; prior period included $11.1M gain on sale.
Farmland Partners Q1 AFFO rises 80% to $2.8M; raises FY2024 AFFO guidance
Net income $1.4M ($0.01/share) vs $1.7M in Q1 2023; revenue down 5.4% to $12.0M.
On July 23, 2024, the Board of Directors (the “Board”) of Farmland Partners Inc. (the “Company”) increased the size of the Board from five directors to six directors, and appointed Bruce J. Sherrick as an independent director, effective immediately, to fill the vacancy created by the increase in the number of directors.
On May 28, 2024, the Company also announced the appointment, effective immediately, of Susan Landi as the Company’s new Chief Financial Officer and Treasurer.
On May 28, 2024, Farmland Partners Inc. (the “Company”) announced that the Company and James Gilligan, the Company’s Chief Financial Officer and Treasurer, mutually agreed to separate.
Max materiality 0.85 · Median 0.65 · Most common event earnings