Farmland Partners(FPI)
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Farmland Partners(FPI) - 2023 Q1 - Quarterly Report
2023-05-03 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36405 FARMLAND PARTNERS INC. (Exact Name of Registrant as Specified in its Charter) Maryland 46-3769850 (Stat ...
Farmland Partners (FPI) Investor Presentation - Slideshow
2023-03-29 12:23
Investor Presentation MARCH 2023 Disclaimer 2 Forward-looking Statements This presentation made by Farmland Partners Inc. (the "Company," "FPI," "we," "us," or "our") contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" ...
Farmland Partners(FPI) - 2024 Q4 - Earnings Call Presentation
2023-02-23 18:31
Financial Performance - For the year 2022, Farmland Partners Inc recorded net income of $12 million, or $0.16 per share available to common stockholders[5] - AFFO for 2022 was $15.8 million, or $0.30 per share, compared to $0.4 million, or $0.01 per share in 2021[5] - Total operating revenues for 2022 were $61.21 million, an 18.3% increase compared to $51.739 million in 2021[9] - Net income for Q4 2022 was $6.707 million, or $0.11 per share, compared to $13.313 million, or $0.14 per share in Q4 2021, representing a (49.6)% change[10] - AFFO for Q4 2022 was $10.031 million, or $0.18 per share, a 12.7% increase compared to $8.901 million, or $0.19 per share in Q4 2021[10] Balance Sheet and Capital Activities - The company decreased indebtedness by $73.9 million in 2022, from $513.4 million to $439.5 million[5] - Access to liquidity increased to $176.7 million in 2022, compared to $30.2 million in 2021[5] - During 2022, the company acquired 20 properties for $54.4 million and purchased land/buildings for agriculture equipment dealerships for $17.3 million[11] - The company completed five property dispositions in 2022 for $17 million, resulting in a $2.6 million gain[11] Portfolio and Operations - As of December 31, 2022, the company owns and/or manages approximately 196,100 acres in 19 states[17] - Approximately 95% of row crop fixed farm rent leases expiring in 2022 were renewed at average rent increases of approximately 16%[5]
Farmland Partners(FPI) - 2022 Q4 - Earnings Call Transcript
2023-02-23 18:29
Farmland Partners Inc. (FPI) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET Corporate Participants Christine Garrison - General Counsel & Secretary Paul Pittman - Executive Chairman & Chief Executive Officer Luca Fabbri - President James Gilligan - Chief Financial Officer Conference Call Participants Dave Rodgers - Baird Craig Kucera - B. Riley Securities Operator Welcome to the Farmland Partners Inc., Q4 2022 Earnings Call. [Operator Instructions]. Thank you. Now, let me turn the call over ...
Farmland Partners(FPI) - 2022 Q4 - Annual Report
2023-02-22 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-36405 FARMLAND PARTNERS INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 46-3769850 (State or O ...
Farmland Partners(FPI) - 2022 Q3 - Earnings Call Transcript
2022-10-25 21:21
Farmland Partners Inc. (NYSE:FPI) Q3 2022 Earnings Conference Call October 25, 2022 1:00 PM ET Company Participants Christine Garrison - General Counsel & Secretary Paul Pittman - Executive Chairman & Chief Executive Officer Luca Fabbri - President James Gilligan - Chief Financial Officer Conference Call Participants Rob Stevenson - Janney Gerry Sweeney - Roth Capital Dave Rodgers - Baird Craig Kucera - B. Riley Securities Operator Ladies and gentlemen, thank you for your patience and thank you for attendin ...
Farmland Partners(FPI) - 2022 Q2 - Earnings Call Transcript
2022-07-27 20:05
Farmland Partners Inc. (NYSE:FPI) Q2 2022 Results Conference Call July 27, 2022 1:00 PM ET Company Participants Paul Pittman - Executive Chairman & CEO Christine Garrison - General Counsel Luca Fabbri - President James Gilligan - CFO & Treasurer Conference Call Participants Rob Stevenson - Janney Buck Horne - Raymond James Dave Rodgers - Baird Operator Good afternoon. Thank you for attending today's Farmland Partners Incorporated Q2 2022 Earnings Call. My name is Forum, and I will be your moderator for toda ...