Farmer Bros. Co. (FARM)

NASDAQ: FARM · IEX Real-Time Price · USD
3.77
+0.11 (3.01%)
Mar 21, 2023, 4:00 PM EDT - Market closed
3.01%
Market Cap 75.23M
Revenue (ttm) 496.46M
Net Income (ttm) -29.10M
Shares Out 19.95M
EPS (ttm) -1.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 37,714
Open 3.90
Previous Close 3.66
Day's Range 3.72 - 3.90
52-Week Range 3.61 - 7.83
Beta 1.52
Analysts Buy
Price Target 10.20 (+170.56%)
Earnings Date May 4, 2023

About FARM

Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and con... [Read more]

Industry Packaged Foods
Founded 1912
Employees 1,068
Stock Exchange NASDAQ
Ticker Symbol FARM
Full Company Profile

Financial Performance

In 2022, FARM's revenue was $469.19 million, an increase of 17.93% compared to the previous year's $397.85 million. Losses were -$16.26 million, -61.50% less than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FARM stock is "Buy." The 12-month stock price forecast is $10.2, which is an increase of 170.56% from the latest price.

Price Target
$10.2
(170.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Farmer Brothers (FARM) Reports Q2 Loss, Tops Revenue Estimates

Farmer Brothers (FARM) delivered earnings and revenue surprises of -30.36% and 1.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Farmer Bros. Co. Names Vice President of Direct Store Delivery; Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (“Farmer Brothers” or the “Company”) today announced Tom Bauer has been appointed as the Company's new Vice Presiden...

1 month ago - GlobeNewsWire

Farmer Bros. Co. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) ( “Farmer Brothers” or the “Company”) today announced that the Company issued the following restricted stock unit awa...

2 months ago - GlobeNewsWire

Farmer Bros. Co. Announces Participation at the Roth 11th Annual Deer Valley Conference

NORTHLAKE, Texas, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), today announced its attendance at The Roth 11th Annual Deer Valley Conference on December 15th and ...

3 months ago - GlobeNewsWire

Farmer Brothers (FARM) Reports Q1 Loss, Tops Revenue Estimates

Farmer Brothers (FARM) delivered earnings and revenue surprises of -8.33% and 2.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Farmer Bros. Co. Reports Fiscal First Quarter 2023 Financial Results

NORTHLAKE, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today reported financial results for its first fiscal quarter ended September 30, 2022.

4 months ago - GlobeNewsWire

Farmer Bros. Co. Announces Board Refresh and Cooperation Agreement with Stockholders JCP Investment Management and 22NW

NORTHLAKE, Texas, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), today announced it has entered into a cooperation agreement (the “Cooperation Agreement”) with JCP ...

5 months ago - GlobeNewsWire

Farmer Bros. Co. to Report Fiscal First Quarter 2023 Financial Results

NORTHLAKE, Texas, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today announced that the Company will release its financial results for its 2023 fiscal first quarte...

5 months ago - GlobeNewsWire

Farmer Bros. Confirms Receipt of JCP Partnership's Notice of Intent to Nominate Directors at the 2022 Annual Meeting

NORTHLAKE, Texas, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today confirmed receipt of notice from JCP Investment Partnership, LP and its affiliates (collectiv...

6 months ago - GlobeNewsWire

Farmer Brothers (FARM) Stock Jumps 7.6%: Will It Continue to Soar?

Farmer Brothers (FARM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...

6 months ago - Zacks Investment Research

Farmer Brothers (FARM) Reports Q4 Loss, Tops Revenue Estimates

Farmer Brothers (FARM) delivered earnings and revenue surprises of 36.36% and 10.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Farmer Bros. Co. Reports Fourth Quarter and Fiscal 2022 Financial Results

NORTHLAKE, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today reported financial results for its fourth quarter and fiscal year ended June 30, 2022 ("fisca...

7 months ago - GlobeNewsWire

Farmer Bros. Co. Announces Refinancing of Credit Facility

NORTHLAKE, Texas, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) ( “Farmer Brothers” or the “Company”) today announced that the Company has successfully completed the refinancing of...

7 months ago - GlobeNewsWire

Watch These 3 Natural Food Stocks as Demand for Healthy Offerings Rises

The Zacks Natural Foods Products industry players are gaining on consumers' rising inclination toward healthy food options. Companies like Performance Food (PFGC), Sprouts Farmers (SFM) and Farmer Bro...

Other symbols: PFGCSFM
7 months ago - Zacks Investment Research

Farmer Bros. Co. to Report Fourth Quarter & Fiscal 2022 Financial Results

NORTHLAKE, Texas, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today announced that the Company will release its financial results for its fiscal fourth quarter an...

7 months ago - GlobeNewsWire

Farmer Brothers (FARM) Reports Q3 Loss, Tops Revenue Estimates

Farmer Brothers (FARM) delivered earnings and revenue surprises of 17.86% and 2.93%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Farmer Bros. Co. Reports Fiscal Third Quarter 2022 Financial Results

Posts 28% sales growth & 7th consecutive quarter of gross margin expansion Posts 28% sales growth & 7th consecutive quarter of gross margin expansion

11 months ago - GlobeNewsWire

Farmer Bros. Co. Releases 2021 Sustainability Report

NORTHLAKE, Texas, April 29, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) highlights its recently released 2021 Sustainability & Direct Trade Report. The report articulates ...

11 months ago - GlobeNewsWire

Farmer Bros. Co. Releases 2021 Sustainability & Direct Trade Impact Reports

NORTHLAKE, Texas, April 28, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) highlights its recently released 2021 Sustainability & Direct Trade Report. The report articulates ...

11 months ago - GlobeNewsWire

Farmer Bros. Has Upside If Turnaround Plan Works

It's a safe bet that most Americans have drank coffee from Farmer Bros. Co. ( FARM , Financial), a national coffee roaster, wholesaler and distributor of coffee, tea and other culinary products.

1 year ago - GuruFocus

Farmer Brothers Releases Updated Investor Presentation & Provides Business Update Ahead of Roth's 34th Annual Investor Conference

NORTHLAKE, Texas, March 14, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), a leading national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea,...

1 year ago - GlobeNewsWire

Farmer Brothers Announces Participation at Roth's 34th Annual Investor Conference

NORTHLAKE, Texas, March 08, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), a leading national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea,...

1 year ago - GlobeNewsWire

Glancy Prongay & Murray LLP Announces Investigation of Farmer Bros. Co.

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Farmer Bros. Co. (NASDAQ: FARM) concerning the Company and its directors' and officers' possible violation...

1 year ago - Business Wire

Farmer Bros. Co. Reports Fiscal Second Quarter 2022 Financial Results

NORTHLAKE, Texas, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today reported financial results for its second fiscal quarter ended December 31, 2021.

1 year ago - GlobeNewsWire

Earnings Preview: Farmer Brothers (FARM) Q2 Earnings Expected to Decline

Farmer Brothers (FARM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research