Farmland Partners Stock Intrinsic Value – Farmland Partners Sets 12-Month Low of $9.57 in 2023 Trading Session.
March 24, 2023
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Thursday’s trading session was a difficult one for Farmland Partners ($NYSE:FPI) Inc., as the company’s share price fell to its lowest point in the past 12 months, closing at $9.57. The reasons for the stock’s decline are varied and include decreased demand for agricultural products, unfavorable market conditions, and weak earnings.
Additionally, the coronavirus pandemic has had a major impact on the global economy and agricultural markets, leading to decreased demand and lower prices for agricultural products. Furthermore, the company’s recent investments have not yielded the expected returns, resulting in decreased investor confidence. This drop in share price is an indication that Farmland Partners Inc. is struggling to remain competitive in the current market environment. The company’s management team is working hard to turn things around, but will need to make significant changes to their strategy if they are to see any success in the near future. Investors should be cautious when considering purchasing shares in the company, as it is uncertain what the long-term outlook for the stock will be.
Price History
On Monday, Farmland Partners Inc. (FARMLAND PARTNERS) stock opened at $9.7 and closed at $9.8 in the 2023 trading session, up by 1.7% from prior closing price of $9.7. The closing price of $9.8 has set a 12-month low for Farmland Partners Inc., despite a generally neutral media coverage. The stock’s performance has been volatile in the past month and investors have had difficulty predicting where the price will go next. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Farmland Partners. More…
| Total Revenues | Net Income | Net Margin |
| 61.21 | 8.4 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Farmland Partners. More…
| Operations | Investing | Financing |
| 17.05 | -60.4 | 20.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Farmland Partners. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.16k | 455.94 | 10.69 |
Key Ratios Snapshot
Some of the financial key ratios for Farmland Partners are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 41.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Farmland Partners Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of FARMLAND PARTNERS‘s wellbeing. Through our proprietary Valuation Line, we have calculated the fair value of FARMLAND PARTNERS share to be around $12.2. However, at the time of writing, FARMLAND PARTNERS stock is traded at $9.8, substantially lower than our estimated fair value, undervalued by 19.5%. We believe that this presents investors with an attractive opportunity as FARMLAND PARTNERS appears to be undervalued compared to its current market price. More…
Peers
In the real estate industry, there is always competition between companies for the best properties and the most customers. Farmland Partners Inc is no different, and it competes with other companies such as CoreCivic Inc, Centerspace, and Wheeler Real Estate Investment Trust Inc.
– CoreCivic Inc ($NYSE:CXW)
CoreCivic Inc is a private prison company in the United States. As of 2021, it is the second-largest for-profit prison company by market share in the United States, behind GEO Group. The company operates detention centers, prisons, and residential reentry facilities.
– Centerspace ($NYSE:CSR)
Centerspace is a leading provider of cloud-based software solutions for the real estate industry. The company’s market cap is 1.08B as of 2022. Centerspace’s solutions are used by property managers, landlords, and investors to manage their portfolios, lease and rent properties, and track maintenance and repair costs.
– Wheeler Real Estate Investment Trust Inc ($NASDAQ:WHLR)
Wheeler Real Estate Investment Trust, Inc. operates as a real estate investment trust (REIT) that focuses on owning, acquiring, and operating income-producing retail properties. As of December 31, 2020, the company owned and operated 78 shopping centers comprising 12.6 million square feet of leasable space located in Virginia, North Carolina, South Carolina, Georgia, Florida, Maryland, Delaware, New Jersey, Pennsylvania, Ohio, and Illinois. Wheeler Real Estate Investment Trust, Inc. was founded in 1993 and is headquartered in Virginia Beach, Virginia.
Summary
Investing analysis in Farmland Partners Inc. has been poor in the last 12 months, with the stock price setting an all-time low of $9.57 in the 2023 trading session. Currently, there is mostly neutral media coverage on the company. Analysts have noted several factors that could influence the stock’s performance in the near future. These include the company’s focus on diversification and expansion, with a successful acquisition of several large farms and improved management strategy.
The company’s strong financial position has also been seen as a potential positive factor, with a healthy balance sheet and the ability to access additional capital. Despite several positive indicators, investors should still be cautious when making decisions about Farmland Partners due to the unpredictable nature of the markets.
