Farmland Partners Inc. Reports Third Quarter 2026 Results
Business Wire•28/10/2026•16:10 ET
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Key Highlights
- ➤Net loss $15.5 million, or $0.36 per share, versus $0.5 million profit
- ➤AFFO $(2.1) million, or $(0.05) per share, versus $2.9 million
- ➤2026 AFFO per-share guidance decreased compared with the prior quarter
- ➤1,652,147 shares repurchased at a weighted average price of $10.32
- ➤Louisiana appellate court affirmed approximately $3.5 million damages award against FPI
Expert Statements
Luca Fabbri, President and Chief Executive Officer of Farmland Partners Inc.
“The core of our portfolio continues to perform strongly, albeit the quarter's financials were dominated by isolated negative news in credit, litigation, and non-core asset values. We continued to pursue our strategy of divesting our California properties at fair market values. We achieved a significant milestone in pursuing the perpetrators of the 2018 short-and-distort attack against the company. We remain strong believers in the unrealized value of our portfolio, and to that end we executed significant share repurchases.”
Repurchased 1.7 Million Shares; Revised Guidance Due to Credit Loss Reserves and Litigation Risk
Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended September 30, 2026.
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