Recent Updates — FPI

Farmland Partners Inc. reported a net loss of $15.5 million, or $0.36 per share, for the quarter ended September 30, 2026, driven by $12.0 million in asset impairments in California and credit loss reserves. Adjusted Funds From Operations (AFFO) fell to a negative $2.1 million from positive $2.9 million in the prior year period. The company repurchased approximately 1.7 million shares under its buyback program and disposed of one California property for roughly $1.0 million. Additionally, Farmland Partners declared a quarterly cash dividend of $0.09 per share, payable on January 15, 2027, to holders of record as of January 4, 2027. The company operates as an internally managed real estate investment trust that owns and acquires high-quality North American farmland.

Farmland Partners Inc. reported second quarter 2026 financial results on July 29, 2026. The company recorded net income of $3.1 million ($0.07 per share), down from $7.8 million in the prior year period. Adjusted Funds From Operations (AFFO) increased to $1.7 million ($0.04 per share) from $1.3 million. Net Operating Income rose 2.9% to $7.1 million. The company repaid $8.0 million against credit lines, reducing debt to 35.5% of gross book value, and disposed of one property for approximately $7.0 million, recognizing a $3.5 million gain. Total debt stood at $224.8 million as of June 30, 2026. The company raised the low end of its 2026 AFFO per share guidance to $0.31 from $0.30. Additionally, the Board declared a quarterly cash dividend of $0.09 per share, payable October 15, 2026, to holders of record on October 1, 2026. Farmland Partners Inc. is an internally managed real estate investment trust that owns and acquires North American farmland.