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Farmland (FPI)
NYSE:FPI
FPI Stock Chart & Stats
$13.04
$0.16(1.38%)
At close: 4:00 PM EST
$13.04
$0.16(1.38%)
Day’s Range― - ―
52-Week Range$9.37 - $13.11
Previous CloseN/A
Volume332.42K
Average Volume (3M)703.37K
Market Cap
$567.73M
Enterprise Value$737.56M
Total Cash (Recent Filing)$9.29M
Total Debt (Recent Filing)$161.18M
Price to Earnings (P/E)23.2
Beta0.43
Next Earnings
May 05, 2026EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend Yield14.23%
Share Statistics
EPS (TTM)0.44
Shares Outstanding43,537,888
10 Day Avg. Volume1,059,009
30 Day Avg. Volume703,372
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 Cap1.30
Enterprise Value/Revenue13.66
Enterprise Value/Gross Profit17.62
Enterprise Value/Ebitda19.20
Forecast
1Y Price Target
$12.50Price Target Upside-4.14% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.16
Revenue Forecast (FY)$29.56M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMaterial reduction in leverage meaningfully improves financial flexibility and lowers interest sensitivity. A lower debt-to-equity ratio supports capacity for opportunistic acquisitions, dividend sustainability and resilience to crop/commodity cycles over the next several months.
AFFO And Cash GenerationSustained positive AFFO and a rebound in operating cash flow provide durable internal funding for distributions and debt service. Consistent free cash flow underpins the 50% dividend increase and supports shareholder returns even if revenues shift seasonally.
Liquidity & Loan‑Program GrowthSignificant undrawn credit lines and an expanded Farmer Mac facility increase optionality for portfolio optimization and liquidity management. Growth in the loan program diversifies revenue sources and can provide steady fee income and countercyclical demand.
Bears Say
Revenue Decline From DispositionsActive disposition program has trimmed the recurring rental base, reducing stable revenue. Over the next 2–6 months, ongoing sales without offsetting acquisitions will depress recurring cash revenue and make growth and AFFO reliant on realized gains and portfolio reinvestment execution.
Impairment And California ExposureA sizable impairment signals asset-level valuation risk and weaker market pricing in parts of the portfolio. Liquidating California holdings may crystallize losses, constrain near-term proceeds, and increase execution risk for disposition-driven returns and portfolio rebalancing.
Volatile Cash Coverage & Choppy RevenueChoppy revenue and inconsistent cash coverage reduce predictability of AFFO and dividend sustainability. Timing effects and one-offs have produced swings in cash vs. earnings, complicating capital planning and increasing reliance on credit lines or asset sales to smooth distributions.
Farmland News
FPI FAQ
What was Farmland’s price range in the past 12 months?
Farmland lowest stock price was $9.37 and its highest was $13.11 in the past 12 months.
What is Farmland’s market cap?
Farmland’s market cap is $567.73M.
When is Farmland’s upcoming earnings report date?
Farmland’s upcoming earnings report date is May 05, 2026 which is in 64 days.
How were Farmland’s earnings last quarter?
Farmland released its earnings results on Feb 18, 2026. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.173 by $0.267.
Is Farmland overvalued?
According to Wall Street analysts Farmland’s price is currently Overvalued.
Does Farmland pay dividends?
Farmland pays a Notavailable dividend of $0.06 which represents an annual dividend yield of 14.23%. See more information on Farmland dividends here
What is Farmland’s EPS estimate?
Farmland’s EPS estimate is <0.01.
How many shares outstanding does Farmland have?
Farmland has 43,537,888 shares outstanding.
What happened to Farmland’s price movement after its last earnings report?
Farmland reported an EPS of $0.44 in its last earnings report, beating expectations of $0.173. Following the earnings report the stock price went up 1.969%.
Which hedge fund is a major shareholder of Farmland?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.50 (-4.14% Downside)
$12.50 (-4.14% Downside)
Blogger Sentiment
Neutral
FPI Sentiment 57%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 31.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $30.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.1%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.21%
12-Months-Change
Fundamentals
Return on Equity
6.67%
Trailing 12-Months
Asset Growth
-17.21%
Trailing 12-Months
Company Description
Farmland
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.
FPI Company Deck
FPI Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful progress on capital structure and cash-flow metrics — redemption of preferred equity, a 50% dividend increase, reduced debt and $9.2M lower interest expense, improved AFFO and greater liquidity — demonstrating operational discipline and shareholder-friendly actions. Offsetting these positives are declines in reported net income, a $17M impairment tied to West Coast assets, ~ $6M lower operating revenue due to prior dispositions, and management's cautious 2026 guidance (lower expected net income and AFFO). On balance the positives around balance sheet simplification, cash flow (AFFO), dividend increase and access to capital/lending programs materially outweigh the near-term earnings headwinds and localized portfolio impairments.View all FPI earnings summariesFPI Stock 12 Month Forecast
Average Price Target
$12.50
▼(-4.14% Downside)
Technical Analysis
Ownership Overview
7.86% Insiders
14.81% Mutual Funds
10.00% Other Institutional Investors
52.54% Public Companies and
Individual Investors