Farmland Partners: Not Enough Discount To Net Asset Value

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  Posted by Two Blokes Jul 17 - Filed in Stock - 3 views
  
  Farmland Partners' land has a market price ~15% higher than the book value. Farmland Partners trades at a discount to NAV, but I believe the stock is worth less than the $14 per share estimated by the management. Given the rent hikes in recent years and the land sales, I do not expect a significant increase in rent income during the next quarters.