Farmland Partners Inc. (FPI)
NYSE: FPI · IEX Real-Time Price · USD
11.20
-0.06 (-0.53%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Farmland Partners Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Farmland Partners stock has a target of 15, which predicts an increase of 33.93% from the current stock price of 11.20.
Analyst Consensus: Buy
* Price targets were last updated on Dec 26, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for FPI is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +33.93% | Dec 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +25.00% | Aug 10, 2023 |
| Raymond James | Raymond James | Buy Maintains $17 → $13 | Buy | Maintains | $17 → $13 | +16.07% | Feb 28, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $16 | Hold → Strong Buy | Upgrades | $16 | +42.86% | Jan 13, 2023 |
| Raymond James | Raymond James | Buy Maintains $15 → $17 | Buy | Maintains | $15 → $17 | +51.79% | Sep 14, 2022 |
Financial Forecast
Revenue This Year
55.39M
from 57.47M
Decreased by -3.62%
Revenue Next Year
57.57M
from 55.39M
Increased by 3.94%
EPS This Year
0.05
from 0.53
Decreased by -90.47%
EPS Next Year
0.07
from 0.05
Increased by 40.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 57.6M | 59.9M |
| Avg | 55.4M | 57.6M |
| Low | 53.7M | 55.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 0.2% | 8.1% |
| Avg | -3.6% | 3.9% |
| Low | -6.5% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.07 | 0.08 | 0.13 |
| Avg | 0.05 | 0.07 | 0.12 |
| Low | 0.03 | 0.06 | 0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -86.1% | 66.3% | 78.2% |
| Avg | -90.5% | 40.0% | 71.4% |
| Low | -94.5% | 16.4% | 66.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.