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FPI Stock Chart & Stats
$9.60
$0.03(0.31%)
At close: 4:00 PM EDT
$9.60
$0.03(0.31%)
Day’s Range― - ―
52-Week Range$9.21 - $13.23
Previous CloseN/A
Volume225.24K
Average Volume (3M)421.35K
Market Cap
$407.95M
Enterprise Value$635.81
Total Cash (Recent Filing)$11.42M
Total Debt (Recent Filing)$224.31M
Price to Earnings (P/E)15.6
Beta0.42
Next Earnings
Oct 28, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend Yield5.35%
Share Statistics
EPS (TTM)0.60
Shares Outstanding43,630,722
10 Day Avg. Volume350,483
30 Day Avg. Volume421,348
Financial Highlights & Ratios
PEG Ratio-0.34
Price to Book (P/B)0.93
Price to Sales (P/S)8.21
P/FCF Ratio24.58
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.50Price Target Upside19.79% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.19
Revenue Forecast (FY)$37.62M
Bulls Say, Bears Say
Bulls Say
Strong Liquidity PositionA ~ $122M undrawn revolver and net repayments in the quarter materially improve short-term financial flexibility. This liquidity cushions refinancing risk, funds opportunistic dispositions or capex without new debt, and supports AFFO/distributions through cyclical farm revenue swings over the next several months.
Lower Average Borrowing CostsA decline in average borrowing rates meaningfully reduces interest expense for a leverage-sensitive REIT. Lower financing costs improve AFFO margins and debt-service capacity, increasing resilience to modest revenue pressure and giving management room to prioritize deleveraging or selective capital allocation over 2–6 months.
Improving AFFO And GuidanceSequential AFFO improvement and an upward adjustment to the low end of guidance signal more stable operating cash flow from leases and variable payments. Better cash-flow visibility supports distribution coverage and capital planning, making near-term payout sustainability and reinvestment decisions more durable.
Bears Say
Shrinking Top LineA sharply declining TTM top line undermines the durability of reported margins and distributable cash. Falling revenue can reflect weaker rents, fewer dispositions, or shifting lease mixes to lumpier income, increasing earnings volatility and making AFFO and dividend sustainability more uncertain over the medium term.
Elevated Loan-program Credit RiskA ~$60M loan program concentrated in higher-risk borrowers raises structural credit exposure for a capital-intensive REIT. Growing provisions tied to a distressed borrower suggest potential for further write‑downs or recoverability issues, pressuring AFFO and requiring continued reserve-building over coming quarters.
Persistent California HeadwindsLong-running water, regulatory and labor cost pressures in California compress yields and valuations for premium farmland. Ongoing impairments and gradual liquidation of noncore CA assets indicate lower realizations and portfolio quality deterioration, creating a durable drag on returns and valuation per acre.
Farmland News
FPI FAQ
What was Farmland Partners’s price range in the past 12 months?
Farmland Partners lowest stock price was $9.21 and its highest was $13.22 in the past 12 months.
What is Farmland Partners’s market cap?
Farmland Partners’s market cap is $407.95M.
When is Farmland Partners’s upcoming earnings report date?
Farmland Partners’s upcoming earnings report date is Oct 28, 2026 which is in 87 days.
How were Farmland Partners’s earnings last quarter?
Farmland Partners released its earnings results on Jul 29, 2026. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.015 by $0.055.
Is Farmland Partners overvalued?
According to Wall Street analysts Farmland Partners’s price is currently Undervalued.
Does Farmland Partners pay dividends?
Farmland Partners pays a Quarterly dividend of $0.09 which represents an annual dividend yield of 5.35%. See more information on Farmland Partners dividends here
What is Farmland Partners’s EPS estimate?
Farmland Partners’s EPS estimate is 0.02.
How many shares outstanding does Farmland Partners have?
Farmland Partners has 43,630,722 shares outstanding.
What happened to Farmland Partners’s price movement after its last earnings report?
Farmland Partners reported an EPS of $0.07 in its last earnings report, beating expectations of $0.015. Following the earnings report the stock price went down -1.05%.
Which hedge fund is a major shareholder of Farmland Partners?
Currently, no hedge funds are holding shares in FPI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Farmland Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$11.50 (19.79% Upside)
$11.50 (19.79% Upside)
Blogger Sentiment
Bullish
FPI Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $19.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.81%
12-Months-Change
Fundamentals
Return on Equity
5.35%
Trailing 12-Months
Asset Growth
-12.18%
Trailing 12-Months
Company Description
Farmland Partners
Farmland Partners Inc. functions as an internally managed real estate enterprise, primarily focused on acquiring and holding premium North American agricultural land. The company also provides secured loans to farmers, collateralized by their farm real estate. As of the most recent disclosure, its expansive portfolio includes approximately 155,000 acres distributed across 16 U.S. states, covering significant agricultural areas from Alabama to Virginia. This diversified land base supports nearly 26 different crop varieties and is utilized by over 100 distinct agricultural tenants. Farmland Partners Inc. chose to be taxed as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes, commencing with the fiscal year that ended December 31, 2014.
FPI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational cash-flow (AFFO) trends and liquidity metrics improved modestly, guidance was nudged up on the low end, and borrowing costs edged lower. However, GAAP net income fell sharply year-over-year due to fewer prior-year dispositions, credit loss reserves increased related to a distressed borrower, and the company faces persistent regional headwinds in California that affected crop yields and valuations. Management emphasized conservative reserve-building, measured disposition of noncore assets, and a cautious approach to lease renewals and buybacks.View all FPI earnings summariesFPI Stock 12 Month Forecast
Average Price Target
$11.50
▲(19.79% Upside)
Technical Analysis
Ownership Overview
7.92% Insiders
14.18% Mutual Funds
3.83% Other Institutional Investors
59.06% Public Companies and
Individual Investors