Farmland Partners (NYSE:FPI – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus EPS 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.
Analyst Upgrades and Downgrades
FPI has been the subject of a number of research reports. Weiss Ratings downgraded Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Zacks Research cut shares of 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, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Research Report on FPI
Farmland Partners Trading Down 0.4%
Farmland Partners (NYSE:FPI – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Farmland Partners had a net margin of 57.94% and a return on equity of 6.48%. Farmland Partners has set its FY 2026 guidance at 0.310-0.350 EPS. On average, analysts predict that Farmland Partners will post 0.26 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Farmland Partners
Hedge funds and other institutional investors have recently bought and sold shares of the company. Entropy Technologies LP purchased a new position in shares of Farmland Partners in the 4th quarter valued at approximately $198,000. Zacks Investment Management purchased a new stake in Farmland Partners during the 3rd quarter worth approximately $187,000. Intech Investment Management LLC grew its position in Farmland Partners by 5.5% during the 4th quarter. Intech Investment Management LLC now owns 19,276 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 1,004 shares during the last quarter. Brooklyn Investment Group acquired a new position in Farmland Partners during the 4th quarter valued at approximately $176,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Farmland Partners during the 1st quarter valued at approximately $174,000. Hedge funds and other institutional investors 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.
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