Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
12.32
+0.22 (1.82%)
At close: Dec 20, 2024, 4:00 PM
12.50
+0.18 (1.46%)
After-hours: Dec 20, 2024, 7:56 PM EST
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 21.75% from the current stock price of 12.32.
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 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 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 | 3 | 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 | +21.75% | Dec 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +13.64% | Aug 10, 2023 |
| Raymond James | Raymond James | Buy Maintains $17 → $13 | Buy | Maintains | $17 → $13 | +5.52% | Feb 28, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $16 | Hold → Strong Buy | Upgrades | $16 | +29.87% | Jan 13, 2023 |
| Raymond James | Raymond James | Buy Maintains $15 → $17 | Buy | Maintains | $15 → $17 | +37.99% | Sep 14, 2022 |
Financial Forecast
Revenue This Year
57.61M
Revenue Next Year
47.71M
from 57.61M
Decreased by -17.19%
EPS This Year
1.09
from 0.53
Increased by 106.74%
EPS Next Year
0.07
from 1.09
Decreased by -93.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 59.9M | 49.6M | 59.9M |
| Avg | 57.6M | 47.7M | 57.6M |
| Low | 55.9M | 46.3M | 55.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -13.9% | 25.5% |
| Avg | - | -17.2% | 20.7% |
| Low | - | -19.7% | 17.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.13 | 0.13 | 0.09 |
| Avg | 1.09 | 0.07 | 0.09 |
| Low | 1.06 | 0.02 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 114.9% | -88.4% | 33.7% |
| Avg | 106.7% | -93.5% | 28.6% |
| Low | 100.6% | -98.2% | 24.8% |
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.