StockData
Farmland Partners Inc. logo

Farmland Partners Inc. (FPI) company profile

FPINYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 4/3052% above fair value
$9.00+0.08 (+0.90%)

Close on Nov 13, 2026Market cap $377.80MP/E –Yield 15.44%

About Farmland Partners

Real Estate Investment Trusts, SIC 6798

Farmland Partners Inc. is an internally managed real estate investment trust that acquires, owns, and manages agricultural properties in North America. The company primarily generates rental revenue by leasing land to tenant farmers who cultivate primary row crops, such as corn and soybeans, as well as permanent and annual specialty crops, such as fruits and nuts. Additionally, the company provides direct farming on select acreage, leases sites for renewable wind and solar energy installations, leases facilities to farm equipment dealerships, and provides secured financing to farmers and landowners through a dedicated loan program.

The company's holdings include approximately 71,600 acres of farmland across eleven states: Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia. It also owns land and buildings for four farm equipment dealerships in Ohio and holds an equity interest in a fund owning eleven properties. Direct farming covers 1,845 acres in California. The provided text does not state the company's headquarters.

Summary of the business section of Farmland Partners's latest annual report, written by StockData.

Company profile

Company

Legal name
Farmland Partners Inc.
Founded
2013
Headquarters
Denver, CO
Address
4600 S. Syracuse Street, Suite 1450 80237
Phone
(720) 452-3100
Employees
12, Dec 31, 2025
Industry
Real Estate Investment Trusts
Incorporated in
Maryland
Fiscal year ends
December 31
Auditor
Crowe LLP, Los Angeles, California

Stock & identifiers

Ticker
FPI
Exchange
NYSE
IPO date
Apr 14, 2014
Shares outstanding
42M, Oct 23, 2026
Public float
$470.84M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
SEC CIK
1591670
CUSIP
31154R109
ISIN
US31154R1095
FIGI
BBG005TNS0Q7
Share class FIGI
BBG005TNS0R6
LEI
549300LB188CHPZ4IL37
EIN
46-3769850

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Paul A. PittmanExecutive Chairman, Director2,927,323
Luca FabbriPresident and CEO, Director377,564
Christine M. GarrisonGeneral Counsel and Secretary40,406
Susan M. LandiChief Financial Officer13,800
Bruce J. SherrickDirector37,726
John A. GoodDirector19,086
Danny D. MooreDirector27,433
Jennifer S. GraftonDirector10,400

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$1.39M$1.17M$597.54K$94–
FY2024$2.08M$2.08M$1.81M$117–
FY2023$1.16M$1.17M$737.85K$110–
FY2022$2.07M$2.21M$663.74K$106–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsIncentive payOtherTotalvs. prior year
Paul A. Pittman
Executive Chairman
$575.00K$203.13K$636.99K$121.88K$205.33K$1.74M-42%
Luca Fabbri
President and Chief Executive Officer
$400.00K$203.13K$545.56K$121.88K$114.62K$1.39M-34%
Christine Garrison
General Counsel and Corporate Secretary
$275.00K$93.75K$145.48K$56.25K$27.06K$597.54K-31%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Apr 14, 2014
Offer price
$14.00
Securities offered
3,800,000
Gross proceeds
$53.20M
Exchange
NYSE
Lock-up ends (est.)
Oct 11, 2014

“Per Share Total Public offering price $14.00 $53,200,000 Underwriting discount(1) $0.98 $3,724,000 Proceeds, before expenses, to us $13.02 $49,476,000 (1) See "Underwriting" for a detailed description of compensation payable to the underwriters.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“At December 31, 2025, we had 12 employees, 11 of which are full time employees.”

Corporate history

Events identified from SEC filings

DateEventDetails
Feb 28, 2025Auditor changeChange in certifying accountant (8-K Item 4.01)
Oct 21, 2024Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 4, 2021DelistingNotice of delisting from exchange (Form 25)
Oct 4, 2018Auditor changeChange in certifying accountant (8-K Item 4.01)
Mar 13, 2018Auditor changeChange in certifying accountant (8-K Item 4.01)
Dec 5, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 16, 2017ListingRegistration of securities on an exchange (Form 8-A)
Feb 16, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 3, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 3, 2016MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 3, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 14, 2015DelistingNotice of delisting from exchange (Form 25)
Sep 3, 2015Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Sep 3, 2015ListingRegistration of securities on an exchange (Form 8-A)
Jun 5, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 23, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 11, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jun 18, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jun 5, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 14, 2014IPOInitial public offering priced (424B4 prospectus)
Apr 7, 2014ListingRegistration of securities on an exchange (Form 8-A)

See a number that looks wrong?