Farmland Partners (NYSE:FPI – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.210-0.250 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $44.4 million-$45.4 million, compared to the consensus revenue estimate of $45.2 million.
Farmland Partners Stock Performance
Shares of Farmland Partners stock opened at $8.43 on Friday. The stock has a market capitalization of $367.80 million, a PE ratio of 56.20 and a beta of 0.68. Farmland Partners has a 52-week low of $8.35 and a 52-week high of $13.23. The company has a 50-day simple moving average of $10.50 and a two-hundred day simple moving average of $10.71.
Farmland Partners (NYSE:FPI – Get Free Report) last issued its earnings results on Wednesday, October 28th. The financial services provider reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.37). The firm had revenue of $9.78 million during the quarter, compared to the consensus estimate of $5.98 million. Farmland Partners had a return on equity of 2.09% and a net margin of 19.47%. As a group, equities research analysts forecast that Farmland Partners will post 0.23 EPS for the current fiscal year.
Farmland Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Monday, January 4th will be given a $0.09 dividend. The ex-dividend date of this dividend is Monday, January 4th. This represents a $0.36 annualized dividend and a yield of 4.3%. Farmland Partners’s dividend payout ratio is 70.59%.
Analysts Set New Price Targets
Several analysts have commented on the company. Weiss Ratings downgraded Farmland Partners from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Wall Street Zen cut Farmland Partners from a “hold” rating to a “sell” rating in a research note on Saturday. Four equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on Farmland Partners
About Farmland Partners
Farmland Partners Inc is a real estate investment trust (REIT) that owns and manages agricultural land in the United States. The company leases its farmland to farmers and agricultural operators, who use the properties to grow crops and conduct related farming activities.
Farmland Partners’ portfolio is primarily focused on high-quality farmland used to produce major row crops, including corn, soybeans, wheat and cotton, as well as specialty crops in selected markets. Its properties are located across a range of prominent agricultural regions, providing exposure to diverse soil types, growing conditions and crop economies.
Founded in 2013 and headquartered in Denver, Colorado, Farmland Partners became a publicly traded company on the New York Stock Exchange in 2014.
Read More
- Five stocks we like better than Farmland Partners
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
Receive News & Ratings for Farmland Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmland Partners and related companies with MarketBeat.com's FREE daily email newsletter.
