Farmland Partners - FPI Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Farmland Partners in the last year. There are currently 3 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.

3 brokerages have issued 12-month target prices for Farmland Partners' shares. Their FPI share price forecasts range from $16.00 to $17.00. On average, they predict the company's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for FPI or view top-rated stocks among Wall Street analysts.

Farmland Partners' stock was trading at $12.46 at the beginning of 2023. Since then, FPI shares have increased by 3.8% and is now trading at $12.93.
View the best growth stocks for 2023 here.

Farmland Partners saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,630,000 shares, a decline of 6.3% from the December 31st total of 1,740,000 shares. Based on an average trading volume of 330,600 shares, the short-interest ratio is currently 4.9 days.
View Farmland Partners' Short Interest.

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

Farmland Partners Inc. (NYSE:FPI) announced its quarterly earnings data on Tuesday, May, 3rd. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.05. Farmland Partners had a trailing twelve-month return on equity of 3.36% and a net margin of 30.30%. During the same period in the prior year, the company posted ($0.05) EPS.

Farmland Partners announced a quarterly dividend on Monday, October 24th. Stockholders of record on Monday, January 2nd will be given a dividend of $0.06 per share on Tuesday, January 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for FPI.

Farmland Partners (NYSE:FPI) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.86%. 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.

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).

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

Farmland Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.32%), TAP Consulting LLC (0.18%), Carnegie Capital Asset Management LLC (0.17%), Strs Ohio (0.11%), Sumitomo Mitsui Trust Holdings Inc. (0.10%) and Bailard Inc. (0.09%). Insiders that own company stock include Erica Borenstein, John A Good, Luca Fabbri and Paul A Pittman.
View institutional ownership trends.

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.
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One share of FPI stock can currently be purchased for approximately $12.93.

Farmland Partners (NYSE:FPI) has a market capitalization of $705.72 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.

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.