Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
12.41
-0.06 (-0.48%)
Nov 20, 2024, 4:00 PM EST - 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 20.87% from the current stock price of 12.41.
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 | +20.87% | Dec 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +12.81% | Aug 10, 2023 |
| Raymond James | Raymond James | Buy Maintains $17 → $13 | Buy | Maintains | $17 → $13 | +4.75% | Feb 28, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $16 | Hold → Strong Buy | Upgrades | $16 | +28.93% | Jan 13, 2023 |
| Raymond James | Raymond James | Buy Maintains $15 → $17 | Buy | Maintains | $15 → $17 | +36.99% | Sep 14, 2022 |
Financial Forecast
Revenue This Year
57.39M
Revenue Next Year
47.59M
from 57.39M
Decreased by -17.08%
EPS This Year
0.05
from 0.53
Decreased by -91.39%
EPS Next Year
0.09
from 0.05
Increased by 92.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 59.9M | 49.6M | 59.9M |
| Avg | 57.4M | 47.6M | 57.6M |
| Low | 55.5M | 46.1M | 55.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -13.6% | 25.8% |
| Avg | - | -17.1% | 21.0% |
| Low | - | -19.7% | 17.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.05 | 0.13 | 0.12 |
| Avg | 0.05 | 0.09 | 0.11 |
| Low | 0.04 | 0.07 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -90.0% | 177.2% | 31.9% |
| Avg | -91.4% | 92.6% | 26.9% |
| Low | -92.6% | 50.9% | 23.1% |
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.