Farmland Partners (NYSE:FPI – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.330-0.370 for the period, compared to the consensus EPS estimate of 0.210. The company issued revenue guidance of -.
Farmland Partners Trading Down 1.9%
Farmland Partners stock traded down $0.23 during trading on Wednesday, hitting $11.70. The company had a trading volume of 954,912 shares, compared to its average volume of 544,869. Farmland Partners has a 1-year low of $9.36 and a 1-year high of $12.87. The company’s 50 day simple moving average is $10.63 and its 200-day simple moving average is $10.49. The stock has a market cap of $504.05 million, a price-to-earnings ratio of 9.75 and a beta of 0.79.
Farmland Partners (NYSE:FPI – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.23. Farmland Partners had a return on equity of 14.37% and a net margin of 130.10%.The company had revenue of $20.72 million for the quarter, compared to analysts’ expectations of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS. As a group, analysts forecast that Farmland Partners will post 0.13 earnings per share for the current fiscal year.
Farmland Partners Announces Dividend
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Farmland Partners in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Research Report on Farmland Partners
Insiders Place Their Bets
In other news, Director John A. Good bought 3,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average cost of $10.20 per share, for a total transaction of $30,600.00. Following the completion of the purchase, the director owned 15,100 shares of the company’s stock, valued at approximately $154,020. This represents a 24.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.70% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Farmland Partners
Several institutional investors have recently modified their holdings of FPI. Vanguard Group Inc. grew its stake in shares of Farmland Partners by 1.4% during the third quarter. Vanguard Group Inc. now owns 4,145,903 shares of the financial services provider’s stock worth $45,107,000 after purchasing an additional 56,326 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Farmland Partners by 5.7% during the 4th quarter. Deutsche Bank AG now owns 928,591 shares of the financial services provider’s stock worth $8,998,000 after acquiring an additional 50,000 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Farmland Partners by 73.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 509,394 shares of the financial services provider’s stock worth $5,542,000 after acquiring an additional 216,544 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Farmland Partners by 181.0% in the 4th quarter. Marshall Wace LLP now owns 443,151 shares of the financial services provider’s stock valued at $4,294,000 after acquiring an additional 285,440 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Farmland Partners by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 385,928 shares of the financial services provider’s stock worth $3,740,000 after acquiring an additional 5,449 shares in the last quarter. 58.00% of the stock is owned by hedge funds and other institutional investors.
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.
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