FPI
Real Estate · REIT - Specialty
Performance
FPI (FPI) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
FPI (FPI) operates in the REIT - Specialty space within the Real Estate sector. With a market cap of $433M, it qualifies as a small-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.
- Exceptional profit margin of 58.4% — the business retains a large share of each dollar earned
- Dividend yield of 3.69% provides consistent income on top of price appreciation
- Price is near its 52-week low — potential entry point with asymmetric upside
- Low beta of 0.68 — less volatile than the market, suitable for conservative portfolios
- Revenue declined 2% YoY — warning sign for business momentum
- Earnings fell 66% YoY — profitability is under pressure
- High debt-to-equity of 50.03× increases financial risk, especially with elevated interest rates
Verdict
Buy / Hold
More positives than negatives. Fundamentals support holding while monitoring key risks.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
3.69%
5Y Avg Annual
$0.5200
Last Payment
$0.0900
Ex-Date
04/01/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest04/01/2026 | 04/15/2026 | $0.0900 | 3.69% |
01/02/2026 | 01/16/2026 | $0.0600 | 2.46% |
12/23/2025 | 01/06/2026 | $0.2000 | 8.20% |
10/01/2025 | 10/15/2025 | $0.0600 | 2.46% |
07/01/2025 | 07/15/2025 | $0.0600 | 2.46% |
04/01/2025 | 04/15/2025 | $0.0600 | 2.46% |
01/02/2025 | 01/16/2025 | $0.0600 | 2.46% |
12/23/2024 | 01/06/2025 | $1.1500 | 47.16% |
Magic Number
Shares needed to self-fund your next purchase
$9.76
Price
$0.0900
Last div. (quarterly)
109
shares
Own 109 FPI shares ($1,063.30) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$1,063.30
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Jul 22, 2026
36
days
EPS (TTM)
$0.59
P/E (TTM)
16.5
Fwd P/E
48.8
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $9.76
Graham Number
√(22.5 × EPS × Book Value)
$11.87
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$8.83
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
5/10
50% score
Pays dividends
12Y hist.12+ years of dividend history
Dividend consistency (5Y+)
12 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
5.8%Return on equity — measures how efficiently capital is used
Positive profit margin
58.4%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
-1.7%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
-66.3%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
50.03×Low financial leverage reduces risk of distress
Current ratio above 1
1.93×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$4M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
3.69%Stock must distribute income to shareholders
Related Assets
Real Estate
About FPI
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of March 31, 2026, the Company owned approximately 70,400 acres of farmland in 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014. Farmland Partners Inc. was established on September 27, 2013 and is based in Denver, United States.
Sector
Real Estate
Industry
REIT - Specialty
Location
Denver, United States
Employees
11