What is the stock price trajectory of Farmland Partners Inc. (FPI)?

A share price of Farmland Partners Inc. [FPI] is currently trading at $14.19, up down -4.44%. An important factor to consider is whether the stock is rising or falling in short-term value. The FPI shares have lost -2.27% over the last week, with a monthly amount glided 1.94%, and seem to be holding up well over a long-time horizon.

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On 3, August 2022, Farmland Partners Acquires Two Illinois Farms. In a post published today on Yahoo Finance, Farmland Partners Inc. (NYSE: ) (the “Company” or “FPI”) today announced the acquisition of two Illinois farms totaling 485 acres.

From an analyst’s perspective:

Farmland Partners Inc. [NYSE: FPI] stock has seen the most recent analyst activity on June 21, 2022, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $16. Previously, Berenberg started tracking the stock with Buy rating on October 14, 2021, and set its price target to $14. On November 13, 2018, downgrade downgraded it’s rating to Neutral but maintained its price target of $7.50 on the stock. Janney downgraded its rating to a Neutral. Raymond James initiated its recommendation with a Mkt Perform. Robert W. Baird downgraded its rating to Neutral for this stock on August 15, 2017, and downed its price target to $9. In a note dated July 18, 2017, FBR & Co. downgraded an Mkt Perform rating on this stock but restated the target price of $10.

Farmland Partners Inc. experienced fluctuations in its stock price throughout the past year between $10.62 and $16.43. Currently, Wall Street analysts expect the stock to reach $16.40 within the next 12 months. Farmland Partners Inc. [NYSE: FPI] shares were valued at $14.19 at the most recent close of the market. An investor can expect a potential return of 15.57% based on the average price forecast.

Analyzing the FPI fundamentals

During the last quarter, Farmland Partners Inc. [NYSE:FPI] saw sales of 12.36 billion, an improvement of 27.60%. Gross Margin for this corporation currently stands at +68.14% with Operating Margin at +32.50%, Pretax Margin comes in at +19.83%, and Net Margin reading is +19.31%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.87 points at the first support level, and at 13.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.72, and for the 2nd resistance point, it is at 15.25.

Farmland Partners Inc. [FPI] reported earnings per share of $0.04 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of $0.06 and a surprise factor of 300.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $0 per share as compared to estimates of $0.03 per share, a difference of $-0.03 representing a surprise of -100.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 8.00, the price to book ratio is 1.19 and the P/E (TTM) ratio is 946.00.

Transactions by insiders

The next item on our agenda is insider trading, which has seen 4 insider purchases totaling 2,928 shares and 0 insider sales totaling 0 shares over the past 3 months. Recent insider trading involved Pittman Paul A, Chief Executive Officer, that happened on Jun 30 when 500.0 shares were purchased. Chief Executive Officer, Pittman Paul A completed a deal on May 18 to buy 1000.0 shares. Meanwhile, Chief Executive Officer Pittman Paul A bought 2000.0 shares on Mar 25.