Farmland Partners (NYSE:FPI) Stock Rating Lowered by Wall Street Zen

Farmland Partners (NYSE:FPI) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other analysts have also commented on the stock. B. Riley Financial restated a “neutral” rating on shares of Farmland Partners in a research note on Thursday, February 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Farmland Partners in a report on Monday, December 29th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Farmland Partners in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Farmland Partners Stock Performance

Shares of Farmland Partners stock opened at $10.83 on Friday. Farmland Partners has a 52 week low of $9.36 and a 52 week high of $13.23. The stock has a 50 day moving average price of $11.70 and a two-hundred day moving average price of $10.72. The stock has a market capitalization of $472.28 million, a PE ratio of 18.04 and a beta of 0.75.

Farmland Partners (NYSE:FPI) last issued its earnings results on Wednesday, February 18th. The financial services provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.23. Farmland Partners had a return on equity of 6.67% and a net margin of 60.46%.The company had revenue of $20.72 million for the quarter, compared to analyst estimates of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS. Research analysts forecast that Farmland Partners will post 0.13 EPS for the current year.

Institutional Trading of Farmland Partners

Institutional investors and hedge funds have recently modified their holdings of the business. Strengthening Families & Communities LLC purchased a new stake in shares of Farmland Partners during the fourth quarter valued at approximately $27,000. Advisory Services Network LLC bought a new position in Farmland Partners in the 3rd quarter valued at $29,000. Pinnacle Holdings LLC bought a new position in Farmland Partners in the 4th quarter valued at $31,000. Oakworth Capital Inc. purchased a new stake in shares of Farmland Partners during the 3rd quarter valued at $34,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Farmland Partners by 218.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,209 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 2,886 shares during 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.