At the time of writing, Farmland Partners Inc [FPI] stock is trading at $11.46, up 1.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The FPI shares have gain 6.60% over the last week, with a monthly amount glided 13.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Janney upgraded its rating to Buy on January 13, 2023. On June 21, 2022, ROTH Capital initiated with a Buy rating and assigned a price target of $16 on the stock. Berenberg started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 14, 2021. B. Riley FBR downgraded its rating to a Neutral but $7.50 remained the price target by the analyst firm on November 13, 2018. Janney downgraded its rating to Neutral for this stock on March 16, 2018. In a note dated September 19, 2017, Raymond James initiated an Mkt Perform rating.
For the past year, the stock price of Farmland Partners Inc fluctuated between $8.79 and $12.87. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Farmland Partners Inc [NYSE: FPI] shares were valued at $11.46 at the most recent close of the market. An investor can expect a potential return of 48.34% based on the average FPI price forecast.
Analyzing the FPI fundamentals
According to Farmland Partners Inc [NYSE:FPI], the company’s sales were 56.49M for trailing twelve months, which represents an -14.50% plunge. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 1.1%, and Net Profit Margin reading is 1.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.
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 11.28 points at the first support level, and at 11.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.59, and for the 2nd resistance point, it is at 11.72.
Ratios To Look Out For
It is important to note that Farmland Partners Inc [NYSE:FPI] has a current ratio of 12.38. On the other hand, the Quick Ratio is 11.98, and the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 9.57, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 11.20.
Transactions by insiders
Recent insider trading involved Sherrick Bruce J, Director, that happened on May 19 ’25 when 7000.0 shares were purchased. Director, Good John A completed a deal on Dec 19 ’24 to buy 15000.0 shares. Meanwhile, Director Good John A bought 24000.0 shares on Aug 07 ’24.