Farmland Partners (NYSE:FPI) Shares Pass Below 200-Day Moving Average – What’s Next?

Farmland Partners Inc. (NYSE:FPI) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.90 and traded as low as $10.28. Farmland Partners shares last traded at $10.3760, with a volume of 303,064 shares traded.

Analysts Set New Price Targets

FPI has been the topic of a number of recent research reports. B. Riley Financial restated a “neutral” rating on shares of Farmland Partners in a research note on Thursday, February 19th. Raymond James Financial reiterated a “market perform” rating on shares of Farmland Partners in a research note on Thursday, March 12th. Zacks Research cut Farmland Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Weiss Ratings lowered Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Finally, Wall Street Zen downgraded shares of Farmland Partners from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Farmland Partners Price Performance

The stock has a market capitalization of $450.38 million, a P/E ratio of 17.80 and a beta of 0.66. The company has a fifty day moving average of $10.99 and a two-hundred day moving average of $10.91.

Farmland Partners (NYSE:FPI) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Farmland Partners had a net margin of 57.94% and a return on equity of 6.48%. The firm had revenue of $10.10 million for the quarter, compared to analyst estimates of $5.67 million. Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. As a group, equities research analysts predict that Farmland Partners Inc. will post 0.31 EPS for the current fiscal year.

Farmland Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, July 1st. This represents a $0.36 annualized dividend and a yield of 3.5%. Farmland Partners’s dividend payout ratio is presently 62.07%.

Institutional Trading of Farmland Partners

Institutional investors and hedge funds have recently bought and sold shares of the company. Strengthening Families & Communities LLC acquired a new stake in Farmland Partners during the fourth quarter valued at approximately $27,000. Advisory Services Network LLC acquired a new stake in Farmland Partners during the third quarter valued at approximately $29,000. Pinnacle Holdings LLC acquired a new stake in Farmland Partners during the fourth quarter valued at approximately $31,000. Tower Research Capital LLC TRC raised its stake in Farmland Partners by 218.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,209 shares of the financial services provider’s stock valued at $48,000 after buying an additional 2,886 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in Farmland Partners by 245.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,111 shares of the financial services provider’s stock valued at $50,000 after buying an additional 3,631 shares in the last quarter. Institutional investors and hedge funds own 58.00% of the company’s stock.

Farmland Partners Company Profile

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company’s primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.