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 0.310-0.350 for the period, compared to the consensus 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.
Wall Street Analyst Weigh In
FPI has been the topic of a number of recent analyst reports. Zacks Research lowered Farmland Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Weiss Ratings cut shares of Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, May 15th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Farmland Partners presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Farmland Partners
Farmland Partners Stock Down 0.4%
Farmland Partners (NYSE:FPI – Get Free Report) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $0.04 EPS for the quarter, beating analysts’ consensus estimates 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 expect that Farmland Partners will post 0.26 earnings per share for the current year.
Institutional Investors Weigh In On Farmland Partners
Institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. purchased a new stake in shares of Farmland Partners during the third quarter valued at about $185,000. Brooklyn Investment Group purchased a new stake in Farmland Partners during the fourth quarter valued at approximately $176,000. Dynamic Technology Lab Private Ltd purchased a new stake in Farmland Partners during the first quarter valued at approximately $174,000. Principal Securities Inc. boosted its stake in Farmland Partners by 12.9% in the fourth quarter. Principal Securities Inc. now owns 15,792 shares of the financial services provider’s stock valued at $153,000 after acquiring an additional 1,809 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in Farmland Partners in the fourth quarter worth $145,000. 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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