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NYSE:FPI

Farmland Partners (FPI) Stock Price, News & Analysis

$10.48
-0.09 (-0.85%)
(As of 07/26/2024 ET)
Today's Range
$10.35
$10.64
50-Day Range
$10.57
$11.75
52-Week Range
$9.95
$13.27
Volume
529,535 shs
Average Volume
328,273 shs
Market Capitalization
$504.82 million
P/E Ratio
20.55
Dividend Yield
2.29%
Price Target
$15.00

Farmland Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.1% Upside
$15.00 Price Target
Short Interest
Bearish
6.83% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.16mentions of Farmland Partners in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.26%
From $0.19 to $0.20 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.

2.99 out of 5 stars

Finance Sector

474th out of 898 stocks

Real Estate Investment Trusts Industry

90th out of 181 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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Farmland Partners Inc. Reports Second Quarter 2024 Results
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Farmland Partners earnings preview: what to expect
Farmland Partners Inc (0FA.MU)
3 REITs to Sell in June Before They Crash & Burn
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Company Calendar

Ex-Dividend for 7/15 Dividend
7/01/2024
Dividend Payable
7/15/2024
Last Earnings
7/24/2024
Today
7/26/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Employees
30
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
+44.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$30.91 million
Pretax Margin
54.98%

Debt

Sales & Book Value

Annual Sales
$57.47 million
Cash Flow
$0.75 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
44,169,000
Market Cap
$500.49 million
Optionable
Optionable
Beta
0.71
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FPI Stock Analysis - Frequently Asked Questions

How have FPI shares performed this year?

Farmland Partners' stock was trading at $12.48 at the beginning of the year. Since then, FPI shares have decreased by 16.0% and is now trading at $10.48.
View the best growth stocks for 2024 here
.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc. (NYSE:FPI) issued its quarterly earnings data on Wednesday, July, 24th. The financial services provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.07. The financial services provider had revenue of $11.45 million for the quarter, compared to the consensus estimate of $11.84 million. Farmland Partners had a net margin of 36.89% and a trailing twelve-month return on equity of 3.96%.

Who are Farmland Partners' major shareholders?

Top institutional shareholders of Farmland Partners include Accordant Advisory Group Inc (1.08%), Bank of New York Mellon Corp (0.53%), Raymond James & Associates (0.39%) and Annex Advisory Services LLC (0.11%). Insiders that own company stock include Paul A Pittman, Murray R Wise, Luca Fabbri and John A Good.
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.

What other stocks do shareholders of Farmland Partners own?

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

This page (NYSE:FPI) was last updated on 7/26/2024 by MarketBeat.com Staff

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