NYSE:FPI Farmland Partners Stock Forecast, Price & 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 $6.53 -0.12 (-1.80 %) (As of 09/21/2020 02:04 PM ET) Add Compare Share Today's Range$6.48Now: $6.53▼$6.6750-Day Range$6.50MA: $6.75▼$7.0552-Week Range$5.05Now: $6.53▼$7.50Volume2,762 shsAverage Volume148,689 shsMarket Capitalization$193.26 millionP/E RatioN/ADividend Yield3.01%Beta0.63 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 forecasted upside of 7.0% from its current price of $6.54.Amount of Analyst CoverageFarmland Partners has received no research coverage 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 315 “underperform” votes. (Add your “underperform” vote.)Community SentimentFarmland Partners has received 56.15% “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 1.7 Dividend Strength Dividend YieldFarmland Partners pays a meaningful dividend of 3.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFarmland Partners has only been increasing its dividend for 1 years.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 earnings estimates, Farmland Partners will have a dividend payout ratio of 58.82% next year. This indicates that Farmland Partners will be able to sustain or increase its 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 $130,100.00 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 Institutions55.14% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Farmland Partners are expected to remain at $0.34 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmland Partners is -26.16, 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 -26.16, 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 0.63. 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: 1.7Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.90 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 Ratio0.03 Quick Ratio0.03Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio19.21 P/E GrowthN/A Sales & Book Value Annual Sales$53.56 million Price / Sales3.61 Cash Flow$0.74 per share Price / Cash Flow8.88 Book Value$10.42 per share Price / Book0.63Profitability EPS (Most Recent Fiscal Year)$0.13 Net Income$13.89 million Net Margins9.74% Return on Equity1.71% Return on Assets0.48%Miscellaneous Employees13 Outstanding Shares29,596,000Market Cap$193.26 million Next Earnings Date11/9/2020 (Estimated) OptionableOptionable $6.53 -0.12 (-1.80 %) (As of 09/21/2020 02:04 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by Coronavirus? Farmland Partners' stock was trading at $5.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FPI shares have increased by 17.7% and is now trading at $6.53. View which stocks have been most impacted by COVID-19. 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 Monday, November 9th 2020. View our earnings forecast for Farmland Partners. How were Farmland Partners' earnings last quarter? Farmland Partners Inc (NYSE:FPI) announced its quarterly earnings data on Monday, August, 10th. The financial services provider reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.01. Farmland Partners had a net margin of 9.74% and a return on equity of 1.71%. 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 Tuesday, August 11th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.05 per share on Thursday, October 15th. This represents a $0.20 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Wednesday, September 30th. View Farmland Partners' dividend history. What price target have analysts set for FPI? 1 brokers have issued 12 month price targets for Farmland Partners' stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Farmland Partners' share price to reach $7.00 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View analysts' price targets for Farmland Partners. Who are some of Farmland Partners' key competitors? Some companies that are related to Farmland Partners include Alexander & Baldwin (ALEX), American Finance Trust (AFIN), TPG RE Finance Trust (TRTX), Colony Credit Real Estate (CLNC), Ready Capital (RC), Brookfield Property REIT (BPYU), Global Medical REIT (GMRE), ARMOUR Residential REIT (ARR), Summit Hotel Properties (INN), UMH PROPERTIES/SH SH (UMH), Saul Centers (BFS), Tanger Factory Outlet Centers (SKT), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and RPT Realty (RPT). 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), Iron Mountain (IRM), Brookfield Property Partners (BPY), 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' 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." Who are Farmland Partners' major shareholders? Farmland Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include AJO LP (1.62%), Tocqueville Asset Management L.P. (1.22%), Advisor Group Holdings Inc. (0.78%), Clark Capital Management Group Inc. (0.76%), Taylor Frigon Capital Management LLC (0.71%) and Bank of New York Mellon Corp (0.63%). Company insiders that own Farmland Partners stock include Chris A Downey, Erica Borenstein, Jay Bartels, John A Good, Luca Fabbri and Paul A Pittman. View institutional ownership trends for Farmland Partners. Which institutional investors are selling Farmland Partners stock? FPI stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., UBS Group AG, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Tocqueville Asset Management L.P., Teachers Insurance & Annuity Association of America, Clark Capital Management Group Inc., and Taylor Frigon Capital Management LLC. View insider buying and selling activity for Farmland Partners. Which institutional investors are buying Farmland Partners stock? FPI stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, Russell Investments Group Ltd., Goldman Sachs Group Inc., California Public Employees Retirement System, Fortem Financial Group LLC, Bank of America Corp DE, Two Sigma Advisers LP, and SG Americas Securities LLC. Company insiders that have bought Farmland Partners stock in the last two years include Chris A Downey, Erica Borenstein, John A Good, Luca Fabbri, and Paul A Pittman. View insider buying and selling activity for Farmland Partners. 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 $6.53. How big of a company is Farmland Partners? Farmland Partners has a market capitalization of $193.26 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. This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
