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Farmland Partners Inc. (FPI)
After hours:
| Previous close | 10.76 |
| Open | 10.79 |
| Bid | 10.64 x 1200 |
| Ask | 10.95 x 1100 |
| Day's range | 10.77 - 10.89 |
| 52-week range | 9.95 - 13.27 |
| Volume | |
| Avg. volume | 336,393 |
| Market cap | 535.048M |
| Beta (5Y monthly) | 0.75 |
| PE ratio (TTM) | 20.45 |
| EPS (TTM) | 0.53 |
| Earnings date | 30 Apr 2024 |
| Forward dividend & yield | 0.24 (2.21%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | 13.30 |
- Reuters
INSIGHT-As solar capacity grows, some of America's most productive farmland is at risk
Dave Duttlinger's first thought when he saw a dense band of yellowish-brown dust smearing the sky above his Indiana farm was: I warned them this would happen. About 445 acres of his fields near Wheatfield, Indiana, are covered in solar panels and related machinery – land that in April 2019 Duttlinger leased to Dunns Bridge Solar LLC, for one of the largest solar developments in the Midwest. On that blustery spring afternoon in 2022, Duttlinger said, his phone rang with questions from frustrated neighbors: Why is dust from your farm inside my truck?
Business WireFarmland Partners Inc. Announces Date for First Quarter 2024 Earnings Release and Conference Call
DENVER, April 25, 2024--Farmland Partners Inc. (NYSE: FPI) (the "Company") today announced it will release its financial results for the quarter ended March 31, 2024, after 5 p.m. (Eastern Time) on Tuesday, April 30, 2024, and will host a conference call the following day, Wednesday, May 1, 2024, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update.
ZacksWhat Makes Farmland Partners (FPI) a New Strong Buy Stock
Farmland Partners (FPI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
