Media headlines about Farmland Partners (NYSE:FPI) have trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Farmland Partners earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.7325996812859 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Farmland Partners (NYSE:FPI) opened at $9.07 on Thursday. The company has a market capitalization of $294.27, a P/E ratio of 16.25 and a beta of 0.21. Farmland Partners has a 1 year low of $8.06 and a 1 year high of $11.76.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be given a $0.127 dividend. This represents a $0.51 annualized dividend and a yield of 5.60%. The ex-dividend date is Friday, December 29th. Farmland Partners’s dividend payout ratio is currently 268.44%.

A number of research analysts recently weighed in on FPI shares. BidaskClub raised Farmland Partners from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 24th. Raymond James Financial started coverage on Farmland Partners in a research report on Monday, September 18th. They issued a “market perform” rating on the stock. Zacks Investment Research raised Farmland Partners from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research report on Tuesday, September 19th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $9.25 price target (down from $10.00) on shares of Farmland Partners in a research report on Monday, September 25th. Finally, B. Riley reaffirmed a “hold” rating and issued a $10.00 price target on shares of Farmland Partners in a research report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $9.96.

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About Farmland Partners

Farmland Partners, Inc is an internally managed real estate company. The Company owns and seeks to acquire farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership).

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