Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
12.16
-0.02 (-0.12%)
Nov 14, 2024, 11:09 AM EST - Market open

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 23.41% from the current stock price of 12.16.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $15 $15 $15
Change +23.41% +23.41% +23.41% +23.41%
* 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 '23Aug '23Sep '23Oct '23Nov '23Dec '23
Strong Buy 211110
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 322221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Buy
Maintains
$14$15
Buy Maintains $14$15 +23.41% Dec 26, 2023
Raymond James
Raymond James
Buy
Maintains
$13$14
Buy Maintains $13$14 +15.18% Aug 10, 2023
Raymond James
Raymond James
Buy
Maintains
$17$13
Buy Maintains $17$13 +6.95% Feb 28, 2023
Janney Montgomery Scott
Janney Montgomery Scott
Strong Buy
Upgrades
$16
Strong Buy Upgrades $16 +31.63% Jan 13, 2023
Raymond James
Raymond James
Buy
Maintains
$15$17
Buy Maintains $15$17 +39.86% Sep 14, 2022
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----57.39M47.59M57.59M
Revenue Growth
-4.47%-5.37%2.11%18.36%-6.19%--17.08%21.02%
EPS
0.04-0.18-0.170.160.530.050.090.11
EPS Growth
----229.76%-91.39%92.60%26.92%
Forward PE
-----267.44138.86109.41
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
-13.6%
25.8%
Avg -
-17.1%
21.0%
Low -
-19.7%
17.4%

EPS Forecast

EPS 202420252026
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 202420252026
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.