Farmland Partners (NYSE:FPI) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of Farmland Partners Inc. (NYSE:FPI) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.93 and traded as low as $9.58. Farmland Partners shares last traded at $9.6470, with a volume of 342,054 shares trading hands.

Analyst Ratings Changes

Several brokerages recently weighed in on FPI. Zacks Research downgraded shares of Farmland Partners from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings downgraded Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Raymond James Financial reissued a “market perform” rating on shares of Farmland Partners in a research note on Thursday, March 12th. Finally, Wall Street Zen cut Farmland Partners from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Farmland Partners has a consensus rating of “Hold”.

Farmland Partners Stock Performance

The firm has a market cap of $420.80 million, a P/E ratio of 16.63 and a beta of 0.67. The firm’s fifty day simple moving average is $10.37 and its 200 day simple moving average is $10.93.

Farmland Partners (NYSE:FPI) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Farmland Partners had a return on equity of 6.48% and a net margin of 57.94%.The firm had revenue of $10.10 million during the quarter, compared to analysts’ expectations of $5.67 million. Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. On average, equities research analysts predict that Farmland Partners Inc. will post 0.26 earnings per share for the current year.

Farmland Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, July 1st. Farmland Partners’s dividend payout ratio is 62.07%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Strengthening Families & Communities LLC bought a new position in Farmland Partners during the fourth quarter valued at $27,000. Advisory Services Network LLC bought a new stake in Farmland Partners during the third quarter worth approximately $29,000. Pinnacle Holdings LLC purchased a new stake in Farmland Partners during the fourth quarter valued at approximately $31,000. Tower Research Capital LLC TRC lifted its stake in shares of Farmland Partners by 218.1% in 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. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of Farmland Partners by 245.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,111 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 3,631 shares during the last quarter. 58.00% of the stock is owned by hedge funds and other institutional investors.

About Farmland Partners

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.