Farmland Partners (NYSE:FPI) Releases FY 2026 Earnings Guidance

Key Points

• Farmland Partners issued FY 2026 guidance for EPS of $0.210–$0.250 and revenue of $44.4 million–$45.4 million, broadly in line with analyst estimates.
• Shares opened at $8.78, down 13.4%, after the company reported a quarterly EPS loss of $0.36 that significantly missed the $0.01 consensus estimate. Analysts maintain a consensus “Hold” rating.
• The REIT declared a quarterly dividend of $0.09 per share, equivalent to $0.36 annually and a 4.1% yield; the dividend is payable January 15 to shareholders of record January 4.

Farmland Partners (NYSE:FPI - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.210-0.250 for the period, compared to the consensus EPS estimate of 0.230. The company issued revenue guidance of $44.4 million-$45.4 million, compared to the consensus revenue estimate of $45.2 million.

Analysts Set New Price Targets

FPI has been the topic of several research reports. Wall Street Zen raised shares of Farmland Partners from a "sell" rating to a "hold" rating in a research note on Saturday, October 3rd. Weiss Ratings upgraded shares of Farmland Partners from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Farmland Partners Stock Down 13.4%

Shares of Farmland Partners stock opened at $8.78 on Friday. Farmland Partners has a twelve month low of $8.56 and a twelve month high of $13.23. The business has a 50-day moving average price of $10.54 and a 200-day moving average price of $10.72. The firm has a market cap of $382.85 million, a price-to-earnings ratio of 34.93 and a beta of 0.68.

Farmland Partners (NYSE:FPI - Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The financial services provider reported ($0.36) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.37). The firm had revenue of $9.78 million for the quarter, compared to the consensus estimate of $5.98 million. Farmland Partners had a net margin of 19.47% and a return on equity of 2.09%. On average, equities analysts expect that Farmland Partners will post 0.23 EPS for the current fiscal year.

Farmland Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Monday, January 4th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.1%. Farmland Partners's payout ratio is 70.59%.

About Farmland Partners

Farmland Partners Inc is a real estate investment trust (REIT) that owns and manages agricultural land in the United States. The company leases its farmland to farmers and agricultural operators, who use the properties to grow crops and conduct related farming activities.

Farmland Partners' portfolio is primarily focused on high-quality farmland used to produce major row crops, including corn, soybeans, wheat and cotton, as well as specialty crops in selected markets. Its properties are located across a range of prominent agricultural regions, providing exposure to diverse soil types, growing conditions and crop economies.

Founded in 2013 and headquartered in Denver, Colorado, Farmland Partners became a publicly traded company on the New York Stock Exchange in 2014.

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