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Farmland Partners FPI · USD

Real Estate · US listing · 🇺🇸 United States

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8.85

+0.57%

Close of 9 Nov 2026, in USD

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About Farmland Partners

From its filings with the US Securities and Exchange Commission

SEC filings

Farmland Partners is based in Denver, Colorado and is incorporated in Maryland. Its shares trade on NYSE under the ticker FPI. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $52.2m and net income of $31.5m. At that date it held total assets of $719.1m and shareholders' equity of $467.4m.

In its own words

Farmland Partners Inc. (“FPI”), collectively with its subsidiaries, is an internally managed real estate company that owns and seeks to acquire high-quality farmland located in agricultural markets throughout North America. FPI was incorporated in Maryland on September 27, 2013. FPI elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its short taxable year ended December 31, 2014.

FPI is the sole member of the sole general partner of Farmland Partners Operating Partnership, LP (the “Operating Partnership”), which was formed in Delaware on September 27, 2013. All of FPI’s assets are held by, and its operations are primarily conducted through, the Operating Partnership and the wholly owned subsidiaries of the Operating Partnership. As of December 31, 2025, FPI owned a 98.1% interest in the Operating Partnership. See “Note 9—Stockholders’ Equity and Non-controlling Interests” for additional discussion regarding Class A Common units of limited partnership interest in the Operating Partnership (“Common units”), Series A preferred units of limited partnership interest in the Operating Partnership (“Series A preferred units”) and Series B participating preferred units of limited partnership interest in the Operating Partnership (“Series B participating preferred units”).

Quoted from its 10-K, filed 19 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Real Estate
Industry
Specialized REITs
Listed since
11 Apr 2014
Employees
11
Head office
4600 S. SYRACUSE STREET, DENVER, CO, 80237
Incorporated in
MD
Classification
Real Estate Investment Trusts
Filer status
Non-accelerated filer<br>Smaller reporting company

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Owns 70,400 acres across 11 U.S. states including California and Texas.
  • Operates four John Deere equipment dealerships in Ohio leased to Ag Pro.
  • Elected as a REIT for U.S. federal tax purposes since 2014.

Weaknesses

  • Has only 11 employees managing extensive farmland operations.
  • Relies on tenant and non-tenant farmer loans secured by agricultural assets.
  • Limited to U.S. farmland ownership with no international expansion.

Opportunities

  • Expands into new states beyond current 11 U.S. locations.
  • Increases farmland acquisitions in high-demand agricultural regions.
  • Leverages REIT status for tax-efficient growth strategies.

Threats

  • Volatile agricultural commodity prices affecting farm revenue.
  • Regulatory changes in U.S. farmland ownership laws.
  • Competition from other REITs in the agricultural sector.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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