S&P 500   5,123.41
DOW   37,983.24
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5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
It's almost April 15. Here's how to reduce stress and get your taxes done
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
NYSE:FPI

Farmland Partners (FPI) Stock Price, News & Analysis

$10.50
+0.03 (+0.29%)
(As of 04/12/2024 ET)
Today's Range
$10.40
$10.51
50-Day Range
$10.41
$11.80
52-Week Range
$9.95
$13.27
Volume
370,194 shs
Average Volume
267,878 shs
Market Capitalization
$505.58 million
P/E Ratio
20.19
Dividend Yield
2.29%
Price Target
$15.00

Farmland Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.9% Upside
$15.00 Price Target
Short Interest
Bearish
6.15% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.11%
From $0.09 to $0.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Finance Sector

423rd out of 833 stocks

Real Estate Investment Trusts Industry

83rd out of 176 stocks

FPI stock logo

About Farmland Partners Stock (NYSE:FPI)

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 farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company has approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

FPI Stock Price History

FPI Stock News Headlines

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Q4 2023 Farmland Partners Inc Earnings Call
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Farmland Partners declares $0.06 dividend
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Farmland Partners Inc. Reports Full Year 2023 Results
Farmland Partners Q4 2023 Earnings Preview
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See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 1/16 Dividend
12/29/2023
Dividend Payable
1/16/2024
Ex-Dividend for 4/15 Dividend
3/28/2024
Today
4/13/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
25
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$15.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+42.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$30.91 million
Pretax Margin
54.84%

Debt

Sales & Book Value

Annual Sales
$57.47 million
Cash Flow
$0.82 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
44,158,000
Market Cap
$505.58 million
Optionable
Optionable
Beta
0.75
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FPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Farmland Partners stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Farmland Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FPI shares.
View FPI analyst ratings
or view top-rated stocks.

What is Farmland Partners' stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for Farmland Partners' stock. Their FPI share price targets range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next year. This suggests a possible upside of 42.9% from the stock's current price.
View analysts price targets for FPI
or view top-rated stocks among Wall Street analysts.

How have FPI shares performed in 2024?

Farmland Partners' stock was trading at $12.48 on January 1st, 2024. Since then, FPI shares have decreased by 15.9% and is now trading at $10.50.
View the best growth stocks for 2024 here
.

When is Farmland Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FPI earnings forecast
.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc. (NYSE:FPI) issued its quarterly earnings results on Tuesday, May, 3rd. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.05. Farmland Partners had a trailing twelve-month return on equity of 5.70% and a net margin of 53.80%. During the same quarter in the previous year, the firm posted ($0.05) EPS.

How often does Farmland Partners pay dividends? What is the dividend yield for Farmland Partners?

Farmland Partners declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Monday, April 1st will be paid a dividend of $0.06 per share on Monday, April 15th. This represents a $0.24 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for FPI
.

Is Farmland Partners a good dividend stock?

Farmland Partners (NYSE:FPI) pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.29%. The dividend payout ratio is 46.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, FPI will have a dividend payout ratio of 240.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FPI.

What ETF holds Farmland Partners' stock?

Amplify Inflation Fighter ETF holds 13,456 shares of FPI stock, representing 1.85% of its portfolio.

What guidance has Farmland Partners issued on next quarter's earnings?

Farmland Partners updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 0.150-0.230 for the period, compared to the consensus EPS estimate of 0.140. The company issued revenue guidance of -.

What other stocks do shareholders of Farmland Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmland Partners investors own include Hawkins (HWKN), Iron Mountain (IRM), Gladstone Land (LAND), Enterprise Products Partners (EPD), Ladder Capital (LADR), New Residential Investment (NRZ), Realty Income (O), AT&T (T) and AGNC Investment (AGNC).

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Annex Advisory Services LLC (0.08%) and Park Avenue Securities LLC (0.02%). Insiders that own company stock include John A Good, Luca Fabbri, Murray R Wise and Paul A Pittman.
View institutional ownership trends
.

How do I buy shares of Farmland Partners?

Shares of FPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FPI) was last updated on 4/14/2024 by MarketBeat.com Staff

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