Farmland Partners to Sell $289 Million of Farmland to Farmland Reserve, Inc. [Yahoo! Finance]
Farmland Partners Inc. (FPI)
NASDAQ:AMEX Investor Relations:
ir.farmlandpartners.com
Company Research
Source: Yahoo! Finance
The Portfolio includes farms across several regions and states, including Arkansas, Florida, Louisiana, Mississippi, Nebraska, Oklahoma, and the Carolinas. The Transaction does not include any of the Company's Illinois farmland, which is among the most valuable land it owns. FPI's total gain on sale will be approximately $50 million, or approximately 21 percent over the aggregate net book value of the farms comprising the Portfolio. In 2023, FPI also sold approximately $200 million of assets at a gain in excess of 20 percent. Luca Fabbri, FPI's President and CEO said of the sale: "Farmland is a ‘total return' investment, with asset appreciation typically accounting for a majority of the overall return on invested capital. We have consistently advised shareholders that our company is undervalued due to lack of recognition by the market of the appreciation in our asset base. As we did last year, we have once again proven our total return thesis and highlighted the unrealized intrinsi
Show less
Read more
Impact Snapshot
Event Time:
FPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FPI alerts
High impacting Farmland Partners Inc. news events
Weekly update
A roundup of the hottest topics
FPI
News
- Fed Ahead [Seeking Alpha]Seeking Alpha
- Farmland Partners Declares $1.15 per Share Special Dividend After Strong YearBusiness Wire
- Farmland Partners Inc. (NYSE: FPI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- How To Put $100 In Your Retirement Fund Each Month With Farmland Partners [Yahoo! Finance]Yahoo! Finance
- Farmland Partners Inc. (NYSE: FPI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
FPI
Earnings
- 10/30/24 - Beat
FPI
Sec Filings
- 12/20/24 - Form 4
- 11/12/24 - Form SC
- 11/7/24 - Form SC
- FPI's page on the SEC website