Farmland Partners (NYSE:FPI) Updates FY 2026 Earnings Guidance

Farmland Partners (NYSE:FPI) 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 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.

Farmland Partners Stock Performance

Shares of FPI stock traded down $0.15 during mid-day trading on Thursday, hitting $9.37. The company’s stock had a trading volume of 435,938 shares, compared to its average volume of 474,913. The stock has a market cap of $408.50 million, a price-to-earnings ratio of 16.15 and a beta of 0.67. Farmland Partners has a 52-week low of $9.21 and a 52-week high of $13.23. The business has a 50-day moving average price of $9.88 and a 200 day moving average price of $10.88.

Farmland Partners (NYSE:FPI) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $5.71 million during the quarter, compared to the consensus estimate of $5.64 million. Farmland Partners had a return on equity of 6.48% and a net margin of 57.94%.Farmland Partners has set its FY 2026 guidance at 0.310-0.350 EPS. Equities research analysts predict that Farmland Partners will post 0.26 EPS for the current fiscal year.

Farmland Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a $0.09 dividend. The ex-dividend date is Thursday, October 1st. This represents a $0.36 annualized dividend and a yield of 3.8%. Farmland Partners’s dividend payout ratio (DPR) is currently 62.07%.

Analysts Set New Price Targets

Several research firms have recently weighed in on FPI. Weiss Ratings cut Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, May 15th. Zacks Research cut Farmland Partners from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Farmland Partners by 1.4% during the third quarter. Vanguard Group Inc. now owns 4,145,903 shares of the financial services provider’s stock valued at $45,107,000 after acquiring an additional 56,326 shares during the period. Deutsche Bank AG raised its stake in Farmland Partners by 5.7% during the 4th quarter. Deutsche Bank AG now owns 928,591 shares of the financial services provider’s stock valued at $8,998,000 after purchasing an additional 50,000 shares during the period. JPMorgan Chase & Co. lifted its holdings in Farmland Partners by 73.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 509,394 shares of the financial services provider’s stock worth $5,542,000 after purchasing an additional 216,544 shares in the last quarter. Marshall Wace LLP boosted its stake in Farmland Partners by 181.0% in the 4th quarter. Marshall Wace LLP now owns 443,151 shares of the financial services provider’s stock worth $4,294,000 after purchasing an additional 285,440 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Farmland Partners by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 385,928 shares of the financial services provider’s stock valued at $3,740,000 after buying an additional 5,449 shares in the last quarter. Hedge funds and other institutional investors own 58.00% of the company’s stock.

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.