Farmland Partners (FPI) vs Transcontinental Realty Investors (TCI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Transcontinental Realty Investors (TCI) has outperformed Farmland Partners (FPI) over the past year, gaining 2.3% versus a gain of 0.1%. Over five years, TCI leads with a +18.8% price change compared with -11.0% for FPI. Farmland Partners is the larger company by market cap ($459.9 million vs $419.0 million), about 1.1 times the size.
On valuation, Farmland Partners trades at a lower trailing P/E (20.5x vs 51.3x for Transcontinental Realty Investors). Farmland Partners pays a dividend yielding 2.87%, while Transcontinental Realty Investors does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FPI | TCI |
|---|---|---|
| Share price | $10.47 | $47.75 |
| Market cap | $459.88M | $418.96M |
| 1-day change | -0.19% | +4.08% |
| YTD return | +8.26% | -21.73% |
| 1-year return | +0.10% | +2.34% |
| 5-year return | -10.95% | +18.77% |
| P/E ratio (TTM) | 20.53 | 51.34 |
| Forward P/E | 43.63 | — |
| EPS (TTM) | $0.51 | $0.93 |
| Dividend yield | 2.87% | 0.00% |
| Annual dividend | $0.30 | $0.00 |
| 52-week high | $13.23 | $59.65 |
| 52-week low | $9.21 | $31.48 |
| Distance from 52-week high | -20.83% | -19.95% |
| Analyst consensus | none | — |
| Avg. price target upside | +0.29% | — |
| Average volume | 579.03K | 47.25K |
| Shares outstanding | 43.63M | 8.77M |
| Employees | 11 | — |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Transcontinental Realty Investors trades at a higher earnings multiple (51.3x vs 20.5x trailing P/E).
- Farmland Partners offers a meaningfully higher dividend yield (2.87% vs 0.00%).
About Farmland Partners
FPI stock →Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.
Real Estate · Real Estate Investment Trusts · 11 employees
About Transcontinental Realty Investors
TCI stock →Transcontinental Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.
Real Estate · Real Estate Investment Trusts
FPI vs TCI FAQ
Which is bigger, Farmland Partners or Transcontinental Realty Investors?
Farmland Partners (FPI) is larger, with a market capitalization of $459.88M compared with $418.96M for Transcontinental Realty Investors (TCI).
Which stock has performed better over the past year, FPI or TCI?
TCI returned +2.34% over the past 12 months, compared with +0.10% for FPI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FPI or TCI?
FPI has the lower trailing P/E at 20.5, versus 51.3 for TCI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Farmland Partners or Transcontinental Realty Investors?
Farmland Partners pays a dividend yielding 2.87%, while Transcontinental Realty Investors does not currently pay a regular dividend.
Are Farmland Partners and Transcontinental Realty Investors in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.