Business

Farmland Partners Inc. Reports First Quarter 2025 Results

DENVER, May 07, 2025--Farmland Partners Inc. (NYSE: FPI) ("FPI" or the "Company") today reported financial results for the quarter ended March 31, 2025.

articleFarmland Partners Inc.May 7, 202520/company/farmland-partners-inc/news/farmland-partners-inc-reports-first-200500100
Farmland Partners Inc. Reports First Quarter 2025 Results

About this update from Farmland Partners Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":240,"url":"https://media.zenfs.com/en/business-wire.com/ad063f4edd689eec4c4cf44733e82c59"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rxQmUeDuXzT1IjddmJIuOQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/ad063f4edd689eec4c4cf44733e82c59","width":480,"height":240}},"lazy":false},{"type":"text","content":"Fiscal Year 2025 Guidance Increased on Both Ends of Range","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"DENVER, May 07, 2025--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) ("FPI" or the "Company") today reported financial results for the quarter ended March 31, 2025.","length":189,"tagName":"p"},{"type":"text","content":"Selected Highlights","length":19,"tagName":"p"},{"type":"text","content":"During the quarter ended March 31, 2025, the Company:","length":53,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"recorded net income of $2.1 million, or $0.03 per share available to common stockholders, compared to $1.4 million, or $0.01 per share available to common stockholders for the same period in 2024;","length":196,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"recorded AFFO of $2.3 million, or $0.05 per share, compared to $2.8 million, or $0.06 per share, for the same period in 2024;","length":125,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"completed acquisitions of five properties for total consideration of $6.5 million;","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"completed two farm dispositions for $10.0 million in aggregate consideration and recognized an aggregate gain on sale of $0.8 million;","length":134,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"issued $7.6 million in loans under the FPI Loan Program;","length":56,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"repurchased 63,023 shares of its common stock at a weighted average price of $11.74 per share; and","length":98,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"increased the bottom and top end of 2025 AFFO guidance range to $0.28 to $0.34 from $0.25 to $0.30.","length":99,"tagN...

More updates from Farmland Partners Inc.

The CompanyFarmland Partners Inc.AFFOFarmland Partnersnet incomenet incomeCompany