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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
NYSE:FPI

Farmland Partners - FPI Stock Forecast, Price & News

$13.46
+0.18 (+1.36%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.11
$13.53
50-Day Range
$12.43
$14.21
52-Week Range
$10.62
$16.43
Volume
524,112 shs
Average Volume
313,279 shs
Market Capitalization
$734.65 million
P/E Ratio
70.85
Dividend Yield
1.81%
Price Target
$16.33

Farmland Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
21.3% Upside
$16.33 Price Target
Short Interest
Healthy
3.24% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$26,570 Bought Last Quarter
Proj. Earnings Growth
-14.81%
From $0.27 to $0.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Finance Sector

500th out of 891 stocks

Real Estate Investment Trusts Industry

109th out of 192 stocks

FPI stock logo

About Farmland Partners (NYSE: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 farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have 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.

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FPI Stock News Headlines

Farmland Partners Inc. Reports Third Quarter 2022 Results
Farmland Partners (FPI) Q3 FFO and Revenues Top Estimates
Farmland partners purchases two new farms for $3.36M
Farmland Partners Purchases Two New Farms
Farmland Partners REIT Drops To New 2022 Lows
FPI Farmland Partners Inc.
Farmland Partners (FPI) Boosts Portfolio With Indiana Farm
Farmland Expands Brokerage Business
Farmland Partners Expands Management and Brokerage Business
Farmland Partners Remains A Value Even After Doubling
Farmland Partners Well Positioned as Grain...
See More Headlines
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FPI Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 10/17 Dividend
9/29/2022
Dividend Payable
10/17/2022
Today
12/03/2022
Ex-Dividend for 1/17 Dividend
12/29/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/17/2023
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$16.33
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+21.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.99 million
Pretax Margin
31.46%

Debt

Sales & Book Value

Annual Sales
$51.74 million
Cash Flow
$0.42 per share
Book Value
$10.83 per share

Miscellaneous

Free Float
47,161,000
Market Cap
$734.65 million
Optionable
Optionable
Beta
0.75

Key Executives

  • Mr. Paul A. PittmanMr. Paul A. Pittman (Age 60)
    Exec. Chairman & CEO
    Comp: $1.28M
  • Mr. Luca Fabbri (Age 53)
    Pres
    Comp: $487.38k
  • Mr. James Gilligan
    Chief Financial Officer
  • Mr. Richard Keck
    VP of Operations
  • Ms. Christine M. Garrison
    Gen. Counsel & Sec.
  • Mr. Phillip Hayes
    VP of Marketing













FPI Stock - Frequently Asked Questions

Should I buy or sell Farmland Partners stock right now?

2 Wall Street 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 analysts is that investors should "buy" FPI shares.
View FPI analyst ratings
or view top-rated stocks.

What is Farmland Partners' stock price forecast for 2023?

2 Wall Street analysts have issued 12 month price targets for Farmland Partners' stock. Their FPI share price forecasts range from $16.00 to $17.00. On average, they anticipate the company's share price to reach $16.33 in the next twelve months. This suggests a possible upside of 21.3% 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 2022?

Farmland Partners' stock was trading at $11.95 at the beginning of 2022. Since then, FPI shares have increased by 12.6% and is now trading at $13.46.
View the best growth stocks for 2022 here
.

Are investors shorting Farmland Partners?

Farmland Partners saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 1,770,000 shares, a drop of 15.3% from the October 31st total of 2,090,000 shares. Based on an average daily trading volume, of 405,800 shares, the days-to-cover ratio is currently 4.4 days.
View Farmland Partners' Short Interest
.

When is Farmland Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our FPI earnings forecast
.

How were Farmland Partners' earnings last quarter?

Farmland Partners Inc. (NYSE:FPI) announced its quarterly earnings results on Tuesday, May, 3rd. The financial services provider reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.05. Farmland Partners had a net margin of 30.30% and a trailing twelve-month return on equity of 3.36%. During the same period in the prior year, the business earned ($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 Monday, October 24th. Stockholders of record on Monday, January 2nd will be paid a dividend of $0.06 per share on Tuesday, January 17th. This represents a $0.24 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 29th.
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 1.81%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 126.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FPI will have a dividend payout ratio of 104.35% 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 guidance has Farmland Partners issued on next quarter's earnings?

Farmland Partners issued an update on its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.27-$0.31 for the period. 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).

What is Farmland Partners' stock symbol?

Farmland Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "FPI."

Who are Farmland Partners' major shareholders?

Farmland Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.38%), Global Alpha Capital Management Ltd. (5.77%), Vanguard Group Inc. (4.29%), Massachusetts Financial Services Co. MA (2.18%), State Street Corp (1.68%) and Uniplan Investment Counsel Inc. (1.19%). Insiders that own company stock include Erica Borenstein, John A Good, Luca Fabbri 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Farmland Partners' stock price today?

One share of FPI stock can currently be purchased for approximately $13.46.

How much money does Farmland Partners make?

Farmland Partners (NYSE:FPI) has a market capitalization of $734.70 million and generates $51.74 million in revenue each year. The financial services provider earns $9.99 million in net income (profit) each year or $0.19 on an earnings per share basis.

How can I contact Farmland Partners?

Farmland Partners' mailing address is 4600 SOUTH SYRACUSE STREET SUITE 1450, DENVER CO, 80237. The official website for the company is www.farmlandpartners.com. The financial services provider can be reached via phone at (720) 452-3100, via email at ir@farmlandpartners.com, or via fax at 720-398-3238.

This page (NYSE:FPI) was last updated on 12/3/2022 by MarketBeat.com Staff