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FPI Stock Chart & Stats
$10.36
$0.03(0.31%)
At close: 4:00 PM EDT
$10.36
$0.03(0.31%)
Day’s Range― - ―
52-Week Range$9.21 - $13.23
Previous CloseN/A
Volume225.24K
Average Volume (3M)701.41K
Market Cap
$438.05M
Enterprise Value$635.81M
Total Cash (Recent Filing)$11.42M
Total Debt (Recent Filing)$224.31M
Price to Earnings (P/E)16.5
Beta0.41
Next Earnings
Oct 28, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend Yield5.39%
Share Statistics
EPS (TTM)0.60
Shares Outstanding43,630,722
10 Day Avg. Volume601,958
30 Day Avg. Volume701,411
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 Cap1.45
Enterprise Value/Revenue11.94
Enterprise Value/Gross Profit14.44
Enterprise Value/Ebitda15.85
Forecast
1Y Price Target
$10.50Price Target Upside1.35% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.24
Revenue Forecast (FY)$30.92M
Bulls Say, Bears Say
Bulls Say
Recurring Farmland LeasingFarmland ownership and leasing provide a recurring revenue foundation tied to contracted rent rather than direct crop production. This model can support durable cash generation over the next several quarters while retaining potential upside from variable rents and long-term farmland appreciation.
Serviceable Balance SheetModerate and improving leverage gives the company more financial flexibility than in its higher-debt years. A sizable equity base can help absorb asset-level volatility and supports continued portfolio management, although debt remains an important sensitivity for this REIT.
Liquidity And AFFO SupportA higher AFFO guidance floor and substantial undrawn revolver capacity strengthen near-term financial flexibility. Combined with quarterly debt repayments and a lower average borrowing rate, these factors improve the company’s ability to fund operations and manage obligations.
Bears Say
Shrinking And Volatile RevenueSharp top-line contraction and uneven earnings reduce confidence that current profitability can persist. A weaker and more volatile revenue base may constrain recurring cash generation, complicate distribution planning, and make results more dependent on asset sales or other less predictable sources.
Elevated Loan Credit RiskThe distressed borrower and rising credit-loss provision expose the company to potentially recurring charges and uncertain recoveries. Because the loan program targets higher-risk borrowers, further borrower stress could pressure earnings, capital allocation, and the reliability of cash available to shareholders.
California Regional HeadwindsPersistent California operating and valuation pressures can weaken farm economics, reduce property values, and limit attractive transaction opportunities. The gradual liquidation of noncore assets signals that regional challenges may remain relevant over the next several quarters rather than being temporary.
Farmland News
FPI FAQ
What was Farmland’s price range in the past 12 months?
Farmland lowest stock price was $9.21 and its highest was $13.22 in the past 12 months.
What is Farmland’s market cap?
Farmland’s market cap is $438.05M.
When is Farmland’s upcoming earnings report date?
Farmland’s upcoming earnings report date is Oct 28, 2026 which is in 5 days.
How were Farmland’s earnings last quarter?
Farmland 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 overvalued?
According to Wall Street analysts Farmland’s price is currently Undervalued.
Does Farmland pay dividends?
Farmland pays a Quarterly dividend of $0.09 which represents an annual dividend yield of 5.39%. 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 43,630,722 shares outstanding.
What happened to Farmland’s price movement after its last earnings report?
Farmland 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 -1.048%.
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
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$10.50 (1.35% Upside)
$10.50 (1.35% Upside)
Blogger Sentiment
Neutral
FPI Sentiment 67%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 47.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.41%
12-Months-Change
Fundamentals
Return on Equity
5.61%
Trailing 12-Months
Asset Growth
-9.90%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Farmland
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
$10.50
▲(1.35% Upside)
Technical Analysis
Ownership Overview
7.91% Insiders
14.17% Mutual Funds
0.33% Other Institutional Investors
62.70% Public Companies and
Individual Investors