NYSE:FPIFarmland Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Farmland Partners Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.78 -0.03 (-0.44 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$6.74Now: $6.78▼$6.9150-Day Range$6.21MA: $6.82▼$7.3352-Week Range$5.05Now: $6.78▼$7.50Volume97,624 shsAverage Volume217,253 shsMarket Capitalization$202.52 millionP/E RatioN/ADividend Yield2.94%Beta0.66 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 162,000 acres in 17 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota, Texas 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.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingFarmland Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Farmland Partners has a potential upside of 3.2% from its current price of $6.78.Amount of Analyst CoverageFarmland Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesFarmland Partners has received 246 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFarmland Partners has received 314 “underperform” votes. (Add your “underperform” vote.)Community SentimentFarmland Partners has received 56.07% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Farmland Partners and other stocks. Vote “Outperform” if you believe FPI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FPI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.8 Dividend Strength Dividend YieldFarmland Partners pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFarmland Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Farmland Partners is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Farmland Partners will have a dividend payout ratio of 86.96% in the coming year. This indicates that Farmland Partners may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Farmland Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $34,970.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.88% of the stock of Farmland Partners is held by insiders.Percentage Held by Institutions53.52% of the stock of Farmland Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Farmland Partners are expected to grow by 15.00% in the coming year, from $0.20 to $0.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmland Partners is -96.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmland Partners is -96.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFarmland Partners has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.86 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:FPI Previous Symbol CUSIPN/A CIK1591670 Webwww.farmlandpartners.com Phone720-452-3100Debt Debt-to-Equity RatioN/A Current Ratio0.05 Quick Ratio0.05Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio33.90 P/E GrowthN/A Sales & Book Value Annual Sales$53.56 million Price / Sales3.78 Cash Flow$0.75 per share Price / Cash Flow9.09 Book Value$10.42 per share Price / Book0.65Profitability EPS (Most Recent Fiscal Year)$0.13 Net Income$13.89 million Net Margins20.50% Return on Equity3.58% Return on Assets1.01%Miscellaneous Employees13 Outstanding Shares29,870,000Market Cap$202.52 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable FPI Rates by TradingView Receive FPI News and Ratings via Email Sign-up to receive the latest news and ratings for FPI and its competitors with MarketBeat's FREE daily newsletter. Farmland Partners (NYSE:FPI) Frequently Asked Questions How has Farmland Partners' stock been impacted by COVID-19 (Coronavirus)? Farmland Partners' stock was trading at $5.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FPI stock has increased by 22.2% and is now trading at $6.78. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Farmland Partners? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farmland Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Farmland Partners. When is Farmland Partners' next earnings date? Farmland Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Farmland Partners. How were Farmland Partners' earnings last quarter? Farmland Partners Inc (NYSE:FPI) issued its quarterly earnings data on Thursday, May, 7th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.10) by $0.01. The financial services provider had revenue of $11.65 million for the quarter, compared to the consensus estimate of $10.84 million. Farmland Partners had a return on equity of 3.58% and a net margin of 20.50%. View Farmland Partners' earnings history. How often does Farmland Partners pay dividends? What is the dividend yield for Farmland Partners? Farmland Partners declared a quarterly dividend on Monday, May 11th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.05 per share on Wednesday, July 15th. This represents a $0.20 annualized dividend and a yield of 2.95%. The ex-dividend date is Tuesday, June 30th. View Farmland Partners' dividend history. What price target have analysts set for FPI? 1 brokers have issued 1 year price objectives for Farmland Partners' shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate Farmland Partners' share price to reach $7.00 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for Farmland Partners. Has Farmland Partners been receiving favorable news coverage? Media headlines about FPI stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Farmland Partners earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news about Farmland Partners. Who are some of Farmland Partners' key competitors? Some companies that are related to Farmland Partners include Saul Centers (BFS), Redwood Trust (RWT), Brookfield Property Reit (BPR), Tanger Factory Outlet Centers (SKT), Brookfield Property REIT (BPYU), TPG RE Finance Trust (TRTX), Summit Hotel Properties (INN), ARMOUR Residential REIT (ARR), Invesco Mortgage Capital (IVR), RPT Realty (RPT), UMH PROPERTIES/SH SH (UMH), CAPSTEAD MTG CO/SH (CMO), Global Medical REIT (GMRE), City Office REIT (CIO) and Urstadt Biddle Properties (UBA). View all competitors. 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), AGNC Investment (AGNC), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Two Harbors Investment (TWO), Brookfield Property Partners (BPY), General Electric (GE), Realty Income (O), Ford Motor (F) and Ladder Capital (LADR). Who are Farmland Partners' key executives? Farmland Partners' management team includes the following people: Mr. Paul A. Pittman, Exec. Chairman, Pres & CEO (Age 57)Mr. Luca Fabbri, CFO & Treasurer (Age 50)Ms. Erica Borenstein, Gen. Counsel & Sec. (Age 49) What is Farmland Partners' stock symbol? Farmland Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "FPI." How do I buy shares of Farmland Partners? Shares of FPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Farmland Partners' stock price today? One share of FPI stock can currently be purchased for approximately $6.78. How big of a company is Farmland Partners? Farmland Partners has a market capitalization of $202.52 million and generates $53.56 million in revenue each year. The financial services provider earns $13.89 million in net income (profit) each year or $0.13 on an earnings per share basis. Farmland Partners employs 13 workers across the globe. What is Farmland Partners' official website? The official website for Farmland Partners is www.farmlandpartners.com. How can I contact Farmland Partners? Farmland Partners' mailing address is 4600 SOUTH SYRACUSE STREET SUITE 1450, DENVER CO, 80237. The financial services provider can be reached via phone at 720-452-3100. 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