Farmland Partners Inc. (FPI)
NYSE: FPI · IEX Real-Time Price · USD
10.76
-0.14 (-1.28%)
Apr 25, 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 39.41% from the current stock price of 10.76.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | +39.41% | Dec 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +30.11% | Aug 10, 2023 |
| Raymond James | Raymond James | Buy Maintains $17 → $13 | Buy | Maintains | $17 → $13 | +20.82% | Feb 28, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $16 | Hold → Strong Buy | Upgrades | $16 | +48.70% | Jan 13, 2023 |
| Raymond James | Raymond James | Buy Maintains $15 → $17 | Buy | Maintains | $15 → $17 | +57.99% | Sep 14, 2022 |
Financial Forecast
Revenue This Year
54.84M
from 57.47M
Decreased by -4.56%
Revenue Next Year
57.80M
from 54.84M
Increased by 5.38%
EPS This Year
-0.01
from 0.53
EPS Next Year
-0.04
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 57.0M | 60.1M |
| Avg | 54.8M | 57.8M |
| Low | 53.2M | 56.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.8% | 9.6% |
| Avg | -4.6% | 5.4% |
| Low | -7.4% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -0.04 | 0.08 |
| Avg | -0.01 | -0.04 | 0.08 |
| Low | -0.02 | -0.04 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.