Farmland Partners (NYSE:FPI) Issues FY 2026 Earnings Guidance

Farmland Partners (NYSE:FPIGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus estimate of 0.260. The company issued revenue guidance of $44.7 million-$45.7 million, compared to the consensus revenue estimate of $44.9 million.

Wall Street Analysts Forecast Growth

FPI has been the topic of a number of recent analyst reports. Weiss Ratings cut Farmland Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Zacks Research downgraded Farmland Partners from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Farmland Partners has an average rating of “Hold”.

Read Our Latest Research Report on FPI

Farmland Partners Stock Performance

Shares of FPI stock traded down $0.03 during midday trading on Friday, reaching $9.39. 153,911 shares of the company were exchanged, compared to its average volume of 474,000. The company’s 50 day moving average price is $9.86 and its two-hundred day moving average price is $10.88. The company has a market cap of $409.81 million, a P/E ratio of 18.42 and a beta of 0.67. Farmland Partners has a 12 month low of $9.21 and a 12 month high of $13.23.

Farmland Partners (NYSE:FPIGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. Farmland Partners had a net margin of 49.85% and a return on equity of 5.54%. The business had revenue of $9.40 million during the quarter, compared to analysts’ expectations of $5.64 million. Farmland Partners has set its FY 2026 guidance at 0.310-0.350 EPS. As a group, sell-side analysts predict that Farmland Partners will post 0.26 earnings per share for the current 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 given a dividend of $0.09 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.36 annualized dividend and a dividend yield of 3.8%. Farmland Partners’s dividend payout ratio (DPR) is 62.07%.

Institutional Investors Weigh In On Farmland Partners

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of Farmland Partners in the 3rd quarter worth approximately $29,000. Pinnacle Holdings LLC bought a new stake in Farmland Partners during the fourth quarter worth approximately $31,000. Tower Research Capital LLC TRC increased its holdings in shares of Farmland Partners by 218.1% in 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. Strs Ohio bought a new position in shares of Farmland Partners in the first quarter valued at $96,000. Finally, Kestra Advisory Services LLC lifted its position in shares of Farmland Partners by 9.9% during the 4th quarter. Kestra Advisory Services LLC now owns 13,040 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 1,171 shares during the last quarter. 58.00% of the stock is currently owned by institutional investors.

Farmland Partners Company Profile

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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.

Further Reading

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