Fast Stochastic
Previous Close | 11.09 |
Open | 11.11 |
Bid | 0.00 x 1300 |
Ask | 0.00 x 800 |
Day's Range | 11.04 - 11.25 |
52 Week Range | 9.44 - 15.77 |
Volume | |
Avg. Volume | 492,995 |
Market Cap | 594.14M |
Beta (5Y Monthly) | 0.83 |
PE Ratio (TTM) | 62.11 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.24 (2.15%) |
Ex-Dividend Date | Jun 30, 2023 |
1y Target Est | N/A |
In 2022, the U.S. lost 1.9 million acres of farmland, according to the latest Farms and Land in Farms report from the U. Department of Agriculture. America had an estimated 2,002,700 farms totaling 893,400,000 acres in 2022, down from the 2,012,050 farms and 895,300,000 acres recorded in 2021. The trend is not new. Since 2015, America’s farmland acreage has decreased by 12.39 million acres. That’s an average loss of nearly 1.8 million acres per year. One of the main reasons behind this trend is
Among REITs, H&R Real Estate, Two Harbors Investment, and Peakstone Realty lead for value, growth, and momentum, respectively.
Farmland Partners (FPI) delivered FFO and revenue surprises of 0% and 0.27%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Rice is a staple food for more than 3.5 billion people around the world. And now, it’s facing a major shortage, according to a recent report from Fitch Solutions. Analysts are forecasting a global rice shortfall of 8.7 million metric tons in 2022-2023, which would mark the biggest rice deficit for the world since 2003-2004, CNBC reports. When supply can’t keep up with demand, prices tend to be elevated. “At the global level, the most evident impact of the global rice deficit has been, and still
Investors in the Farmland Properties Inc. (NYSE: FPI) real estate investment trust (REIT) must be disappointed to see it continuing downward last week. Similar to many office and retail REITs, the farm concept in the sector is finding more sellers than buyers as worries about the banking system continue to hit home. For a New York Stock Exchange-traded REIT, market capitalization of $531 million is relatively small, and Farmland Properties is having a good 12 months, with funds from operations (
Chief Executive Shane Smith points to sales growth since China’s WH Group acquired the Virginia company.
Farmland Partners Inc., a rare real estate investment trust focused on agricultural land, has replaced its founding CEO with a new top executive who was another cofounder of the business. The Denver-based company on Tuesday said that Luca Fabbri, the longtime chief financial officer of the business and its president, has been promoted to president, CEO and board member. Founding CEO Paul Pittman, a finance and tech company veteran who started Farmland Partners and took it public in 2014, will take the role of executive chairman of the FPI board and remain an employee of the business.
Farmland Partners Inc. (NYSE: FPI) slumped more than 14% on Feb. 24 after quarterly funds from operations came in less than expected. At an $0.18 increase for the fourth quarter of 2022, that’s a drop from the $0.19 gain seen in 2021’s fourth quarter. The company owns 164,000 acres of farmland in North America and manages another 30,900 acres. According to its website, Farmland Partners is the largest operator of farm properties in the country. As an alternative type of real estate investment tr
Shares of Farmland Partners (NYSE: FPI) fell 15.5% over the past week, according to data from S&P Global Market Intelligence, after the real estate company issued a tepid growth forecast and warned that its operating earnings could fall sharply in the coming year. Farmland Properties purchased 20 properties and sold five in 2022. Farmland Properties renewed 95% of its row crop fixed farm rent leases that expired in 2022 at an average rent increase of roughly 16%.
Farmland Partners ( NYSE:FPI ) Full Year 2022 Results Key Financial Results Revenue: US$61.3m (up 18% from FY 2021...
Q4 2022 Farmland Partners Inc Earnings Call
Farmland Partners (FPI) delivered FFO and revenue surprises of -5.26% and 0.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Four Corners Property (FCPT) delivered FFO and revenue surprises of 0% and 0.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Want to be like Buffett? Buy assets that produce something.
Every investor in Farmland Partners Inc. ( NYSE:FPI ) should be aware of the most powerful shareholder groups. The...
Most readers would already be aware that Farmland Partners' (NYSE:FPI) stock increased significantly by 6.3% over the...
In this article, we discuss 11 best farmland and agriculture stocks to buy heading into 2023. If you want to see more stocks in this selection, check out 5 Best Farmland and Agriculture Stocks to Buy. Kenneth Scott Zuckerberg, lead analyst and senior economist with CoBank’s Knowledge Exchange division, told S&P Global Commodities Insights in […]
Two real estate investment trust (REIT) stocks that look particularly teed up for another strong year are Iron Mountain (NYSE: IRM) and Farmland Partners (NYSE: FPI). Here's a closer look at these two unstoppable REITs and why they have what it takes to keep growing. Iron Mountain works with over 225,000 customers across the globe, helping them organize, digitize, and safely store digital and physical assets.
The ultra-rich are scooping up real estate hand over fist, but maybe not in the sectors you'd expect.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a...
Take real estate investment trust (REIT) Farmland Partners (NYSE: FPI), for example. The stock is up 16% this year while the broader S&P 500 is down 19% -- that's over double the return of the S&P. Investors have flocked to this farmland REIT for one main reason: inflation.
This year has been tough for real estate investment trusts (REITs) — even more than the overall market in general. While the S&P 500 is down about 20% for the year, the Real Estate Select Sector SPDR Fund (NYSEARCA: XLRE) — considered the benchmark exchange-traded fund (ETF) for REITs — is down around 30%. One reason for the poor sentiment on REITs is the rapid rise in interest rates. High interest rates are typically bad for REITs because these companies often rely on debt to fund growth. Becau
Shares jumped on Tuesday following the farmland REIT's release of a solid third-quarter earnings report.
Farmland Partners (FPI) delivered FFO and revenue surprises of 150% and 13.25%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Farmland Partners (FPI) acquires two farms to experience strong rental rates and benefit from appreciation.