Farmland Partners (NYSE:FPI) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Farmland Partners Inc. (NYSE:FPI) crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $10.48 and traded as high as $10.58. Farmland Partners shares last traded at $10.5520, with a volume of 472,716 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have commented on FPI shares. Weiss Ratings upgraded shares of Farmland Partners from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Wall Street Zen upgraded Farmland Partners from a “sell” rating to a “hold” rating in a report on Saturday, October 3rd. Four analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Farmland Partners presently has a consensus rating of “Hold”.

Farmland Partners Stock Performance

The firm’s 50-day moving average price is $10.50 and its two-hundred day moving average price is $10.42. The stock has a market cap of $460.30 million, a price-to-earnings ratio of 20.69 and a beta of 0.68.

Farmland Partners (NYSE:FPI) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Farmland Partners had a net margin of 49.85% and a return on equity of 5.54%. The firm had revenue of $9.40 million during the quarter, compared to analyst estimates of $5.64 million. Farmland Partners has set its FY 2026 guidance at 0.310-0.350 EPS. As a group, sell-side analysts expect that Farmland Partners Inc. will post 0.23 earnings per share for the current fiscal year.

Farmland Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.36 annualized dividend and a dividend yield of 3.4%. Farmland Partners’s dividend payout ratio is 70.59%.

Institutional Trading of Farmland Partners

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Farmland Partners in the second quarter valued at approximately $40,290,000. Deutsche Bank AG purchased a new position in Farmland Partners in the second quarter worth approximately $9,101,000. Man Group plc purchased a new position in Farmland Partners in the second quarter worth approximately $2,756,000. Bank of New York Mellon Corp purchased a new position in Farmland Partners in the second quarter worth approximately $2,663,000. Finally, BCGM Wealth Management LLC grew its position in Farmland Partners by 5.7% in the first quarter. BCGM Wealth Management LLC now owns 269,371 shares of the financial services provider’s stock worth $3,025,000 after acquiring an additional 14,453 shares during the period. Institutional investors and hedge funds own 58.00% of the company’s stock.

Farmland Partners Company Profile

Farmland Partners Inc (NYSE:FPI) is a publicly traded real estate investment trust that owns and manages farmland in the United States. The company generates revenue primarily by leasing its properties to farmers and agricultural operators under a range of lease arrangements.

Its portfolio includes farms used to produce a variety of crops, including row crops such as corn, soybeans, wheat and cotton, as well as specialty crops in select markets. Farmland Partners seeks to acquire, manage and lease agricultural properties while working with tenants to support the productive use of the land.

Founded in 2013 and headquartered in Denver, Colorado, the company has built a geographically diversified portfolio across multiple U.S.