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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds

Farmland Partners - FPI Stock Forecast, Price & News

$13.18
+0.03 (+0.23%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.05
$13.32
50-Day Range
$12.43
$14.21
52-Week Range
$10.62
$16.43
Volume
223,186 shs
Average Volume
520,332 shs
Market Capitalization
$719.42 million
P/E Ratio
69.37
Dividend Yield
1.83%
Price Target
$16.33

Farmland Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.9% 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
1.77mentions of Farmland Partners in the last 14 days
Based on 2 Articles This Week
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.

2.28 out of 5 stars

Finance Sector

551st out of 871 stocks

Real Estate Investment Trusts Industry

127th out of 193 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
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
12/08/2022
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
+23.9%
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
$0.41 per share
Book Value
$10.38 per share

Miscellaneous

Free Float
49,508,000
Market Cap
$719.42 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 brokerages have issued 1 year price objectives for Farmland Partners' stock. Their FPI share price forecasts range from $16.00 to $17.00. On average, they expect the company's share price to reach $16.33 in the next twelve months. This suggests a possible upside of 23.9% 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 on January 1st, 2022. Since then, FPI stock has increased by 10.3% and is now trading at $13.18.
View the best growth stocks for 2022 here
.

Are investors shorting Farmland Partners?

Farmland Partners saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,770,000 shares, a decrease of 15.3% from the October 31st total of 2,090,000 shares. Based on an average trading volume of 405,800 shares, the short-interest 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) released its quarterly earnings data on Tuesday, May, 3rd. The financial services provider reported ($0.02) earnings per share 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 last year, the company posted ($0.05) earnings per share.

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. Investors 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 annualized dividend and a dividend yield of 1.82%. 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 1.83%. 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 number of retail and institutional 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 $13.18.

How much money does Farmland Partners make?

Farmland Partners (NYSE:FPI) has a market capitalization of $719.42 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 12/8/2022 by MarketBeat.com Staff