|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||9.90 - 10.21|
|52 Week Range||9.44 - 16.43|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 01, 2023 - May 05, 2023|
|Forward Dividend & Yield||0.24 (1.89%)|
|Ex-Dividend Date||Dec 29, 2022|
|1y Target Est||15.60|
DENVER, March 20, 2023--Farmland Partners Inc. (NYSE: FPI) (the "Company" or "FPI") today announced the addition of Jennifer Grafton, a business executive with public company Board and executive leadership experience, to its Board of Directors, effective March 16, 2023.
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.