Wall Street Zen Upgrades Farmland Partners (NYSE:FPI) to Hold

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

FPI has been the topic of several other research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Farmland Partners in a research note on Monday, December 29th. B. Riley Financial restated a “neutral” rating on shares of Farmland Partners in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Farmland Partners Stock Performance

Shares of Farmland Partners stock opened at $12.46 on Friday. Farmland Partners has a fifty-two week low of $9.36 and a fifty-two week high of $13.23. The company has a market capitalization of $542.51 million, a P/E ratio of 20.77 and a beta of 0.75. The company has a fifty day moving average of $11.30 and a 200 day moving average of $10.65.

Farmland Partners (NYSE:FPI) last posted its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $0.43 EPS for the quarter, beating 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 business had revenue of $20.72 million for the quarter, compared to analysts’ expectations of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS. Analysts forecast that Farmland Partners will post 0.13 EPS for the current year.

Insiders Place Their Bets

In other news, Director John A. Good acquired 3,000 shares of the business’s stock in a transaction on Monday, December 15th. The shares were acquired at an average price of $10.20 per share, for a total transaction of $30,600.00. Following the completion of the transaction, the director directly owned 15,100 shares of the company’s stock, valued at approximately $154,020. The trade was a 24.79% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Farmland Partners

Several institutional investors have recently made changes to their positions in FPI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Farmland Partners by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider’s stock valued at $293,000 after purchasing an additional 1,092 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Farmland Partners in the 1st quarter worth about $174,000. Jane Street Group LLC bought a new stake in Farmland Partners in the first quarter worth about $1,404,000. Strs Ohio purchased a new position in shares of Farmland Partners during the first quarter valued at approximately $96,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Farmland Partners by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 171,049 shares of the financial services provider’s stock valued at $1,969,000 after buying an additional 3,719 shares during the period. 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.