Farmland Partners (FPI) Stock Forecast, Price Target & Predictions


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FPI Stock Forecast


Farmland Partners stock forecast is as follows: an average price target of $17.00 (represents a 36.99% upside from FPI’s last price of $12.41) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

FPI Price Target


The average price target for Farmland Partners (FPI) is $17.00 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential 36.99% upside from FPI's last price of $12.41.

FPI Analyst Ratings


Buy

According to 14 Wall Street analysts, Farmland Partners's rating consensus is 'Buy'. The analyst rating breakdown for FPI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (35.71%), 5 'Hold' (35.71%), 4 'Sell' (28.57%), and 0 'Strong Sell' (0.00%).

Farmland Partners Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 14, 2022Buck HorneRaymond James$17.00$14.6516.04%36.99%
Sep 14, 2022-Raymond James$17.00$14.6615.96%36.99%
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The latest Farmland Partners stock forecast, released on Sep 14, 2022 by Buck Horne from Raymond James, set a price target of $17.00, which represents a 16.04% increase from the stock price at the time of the forecast ($14.65), and a 36.99% increase from FPI last price ($12.41).

Farmland Partners Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$12.41$12.41$12.41
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Farmland Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Farmland Partners's last price of $12.41. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 26, 2023Raymond JamesOutperformOutperformHold
Jan 13, 2023Barclays-UnderweightDowngrade
Jan 13, 2023Evercore ISI-BuyUpgrade
Jan 13, 2023Wells Fargo-Equal-WeightDowngrade
Jan 13, 2023RBC Capital-UnderperformDowngrade
Jan 13, 2023Guggenheim-SellDowngrade
Jan 13, 2023Northcoast Research-NeutralDowngrade
Jan 13, 2023Janney Montgomery-NeutralDowngrade
Jan 13, 2023Goldman Sachs-SellDowngrade
Jan 13, 2023Credit Suisse-OutperformInitialise
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Farmland Partners's last stock rating was published by Raymond James on Dec 26, 2023. The company gave FPI a "Outperform" rating, the same as its previous rate.

Farmland Partners Financial Forecast


Farmland Partners Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$11.62M$11.58M$12.67M$21.82M$13.14M$12.36M$13.89M$20.05M$10.11M$10.01M$11.57M$17.92M$10.60M$10.52M$11.65M$21.88M$9.85M
Avg Forecast$13.99M$13.92M$13.84M$13.76M$16.23M$8.79M$8.64M$8.81M$16.69M$10.12M$10.66M$12.15M$17.53M$9.42M$9.60M$11.28M$20.33M$9.39M$9.24M$10.97M$17.42M$8.96M$9.48M$8.80M$19.97M$9.19M$9.75M$9.73M$18.25M$12.03M
High Forecast$14.16M$14.08M$14.00M$13.93M$16.42M$8.89M$8.74M$9.29M$16.76M$10.50M$10.66M$12.29M$17.66M$9.53M$9.71M$11.42M$20.57M$9.39M$9.24M$10.97M$17.42M$8.96M$9.48M$8.80M$19.97M$9.19M$9.75M$9.73M$18.25M$12.03M
Low Forecast$13.83M$13.75M$13.68M$13.60M$16.04M$8.69M$8.54M$8.34M$16.61M$9.74M$10.66M$12.01M$17.39M$9.31M$9.49M$11.15M$20.09M$9.39M$9.24M$10.97M$17.42M$8.96M$9.48M$8.80M$19.97M$9.19M$9.75M$9.73M$18.25M$12.03M
# Analysts11111111111131111111111191599168
Surprise %-------------1.23%1.21%1.12%1.07%1.40%1.34%1.27%1.15%1.13%1.06%1.31%0.90%1.15%1.08%1.20%1.20%0.82%

Farmland Partners's average Quarter revenue forecast for Dec 23 based on 3 analysts is $17.53M, with a low forecast of $17.39M, and a high forecast of $17.66M. FPI's average Quarter revenue forecast represents a 50.91% increase compared to the company's last Quarter revenue of $11.62M (Sep 23).

Farmland Partners EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111131111111111191599168
EBITDA-------------$5.81M$4.89M$6.63M$14.71M$6.78M$5.15M$6.12M$18.77M$3.37M$3.05M$8.35M$12.16M$6.92M$6.63M$5.06M$13.97M$3.45M
Avg Forecast$9.58M$9.53M$9.47M$9.42M$11.11M$6.02M$5.91M$6.03M$11.43M$6.93M$7.30M$9.42M$12.00M$6.45M$6.57M$10.08M$12.06M$5.27M$5.18M$10.78M$9.77M$5.02M$5.31M$4.93M$11.19M$5.15M$5.47M$5.56M$10.23M$6.75M
High Forecast$9.69M$9.64M$9.59M$9.53M$11.24M$6.09M$5.98M$6.36M$11.48M$7.19M$7.30M$11.31M$12.09M$6.53M$6.65M$12.10M$14.47M$5.27M$5.18M$12.94M$9.77M$5.02M$5.31M$4.93M$11.19M$5.15M$5.47M$6.68M$10.23M$6.75M
Low Forecast$9.47M$9.41M$9.36M$9.31M$10.98M$5.95M$5.84M$5.71M$11.37M$6.67M$7.30M$7.54M$11.90M$6.37M$6.50M$8.06M$9.64M$5.27M$5.18M$8.62M$9.77M$5.02M$5.31M$4.93M$11.19M$5.15M$5.47M$4.45M$10.23M$6.75M
Surprise %-------------0.90%0.74%0.66%1.22%1.29%0.99%0.57%1.92%0.67%0.57%1.69%1.09%1.34%1.21%0.91%1.37%0.51%

3 analysts predict FPI's average Quarter EBITDA for Dec 23 to be $12.00M, with a high of $12.09M and a low of $11.90M. This is 106.64% upper than Farmland Partners's previous annual EBITDA (Sep 23) of $5.81M.

Farmland Partners Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111131111111111191599168
Net Income-------------$4.21M$7.71M$1.68M$6.56M$1.09M$2.92M$213.00K$9.36M$-2.55M$-2.73M$2.36M$6.04M$527.00K$162.00K$394.00K$9.19M$-1.36M
Avg Forecast$6.22M$-478.39K$-1.44M$-478.39K$6.34M$-1.20M$-1.79M$-1.67M$29.54M$-1.82M$-1.75M$298.87K$11.00M$3.51M$4.46M$319.64K$8.30M$-836.47K$-637.29K$341.87K$6.05M$-5.74M$-6.21M$3.64M$12.19M$-2.87M$-4.30M$433.40K$6.53M$-3.19M
High Forecast$6.31M$-471.04K$-1.41M$-471.04K$6.44M$-1.18M$-1.77M$-1.65M$29.99M$-1.79M$-1.73M$358.64K$11.17M$3.52M$4.53M$383.57K$9.96M$-836.47K$-637.29K$410.24K$6.05M$-5.74M$-6.21M$4.37M$12.19M$-2.87M$-4.30M$520.08K$6.53M$-3.19M
Low Forecast$6.12M$-485.74K$-1.46M$-485.74K$6.24M$-1.21M$-1.82M$-1.70M$27.69M$-1.85M$-1.78M$239.09K$10.36M$3.50M$4.40M$255.72K$6.64M$-836.47K$-637.29K$273.49K$6.05M$-5.74M$-6.21M$2.91M$12.19M$-2.87M$-4.30M$346.72K$6.53M$-3.19M
Surprise %-------------1.20%1.73%5.24%0.79%-1.31%-4.58%0.62%1.55%0.45%0.44%0.65%0.50%-0.18%-0.04%0.91%1.41%0.43%

Farmland Partners's average Quarter net income forecast for Dec 23 is $11.00M, with a range of $10.36M to $11.17M. FPI's average Quarter net income forecast represents a 161.35% increase compared to the company's last Quarter net income of $4.21M (Sep 23).

Farmland Partners SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111131111111111191599168
SG&A-------------$3.05M$3.19M$2.85M$3.79M$2.91M$3.82M$4.36M$4.86M$4.34M$4.80M$4.36M$3.77M$1.68M$2.25M$3.93M$4.59M$4.57M
Avg Forecast$3.34M$3.33M$3.31M$3.29M$3.88M$2.10M$2.06M$2.11M$3.99M$2.42M$2.55M$4.35M$4.19M$2.25M$2.29M$4.66M$3.12M$2.25M$2.21M$4.98M$4.16M$2.14M$2.27M$6.73M$4.77M$2.20M$2.33M$4.33M$4.36M$2.88M
High Forecast$3.38M$3.37M$3.35M$3.33M$3.93M$2.13M$2.09M$2.22M$4.01M$2.51M$2.55M$5.22M$4.22M$2.28M$2.32M$5.59M$3.74M$2.25M$2.21M$5.98M$4.16M$2.14M$2.27M$8.07M$4.77M$2.20M$2.33M$5.19M$4.36M$2.88M
Low Forecast$3.30M$3.29M$3.27M$3.25M$3.83M$2.08M$2.04M$1.99M$3.97M$2.33M$2.55M$3.48M$4.16M$2.23M$2.27M$3.73M$2.49M$2.25M$2.21M$3.98M$4.16M$2.14M$2.27M$5.38M$4.77M$2.20M$2.33M$3.46M$4.36M$2.88M
Surprise %-------------1.35%1.39%0.61%1.21%1.30%1.73%0.88%1.17%2.03%2.12%0.65%0.79%0.77%0.97%0.91%1.05%1.59%

Farmland Partners's average Quarter SG&A projection for Dec 23 is $4.19M, based on 3 Wall Street analysts, with a range of $4.16M to $4.22M. The forecast indicates a 37.42% rise compared to FPI last annual SG&A of $3.05M (Sep 23).

Farmland Partners EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111111131111111111191599168
EPS-------------$0.07$0.14$0.02$0.08$0.01$0.04-$0.29$-0.08$-0.09$0.08$0.22$0.02$0.01$0.01$0.20$-0.05
Avg Forecast$0.13$-0.01$-0.03$-0.01$0.13$-0.03$-0.04$-0.04$0.62$-0.04$-0.04$-0.04$0.23$0.07$0.09-$0.15$-0.02$-0.01$0.03$0.13$-0.12$-0.13$-0.04$0.26$-0.06$-0.09$-0.10$0.14$-0.07
High Forecast$0.13$-0.01$-0.03$-0.01$0.13$-0.02$-0.04$-0.03$0.63$-0.04$-0.04$-0.03$0.23$0.07$0.09-$0.16$-0.02$-0.01$0.03$0.13$-0.12$-0.13$-0.04$0.26$-0.06$-0.09$-0.10$0.14$-0.07
Low Forecast$0.13$-0.01$-0.03$-0.01$0.13$-0.03$-0.04$-0.04$0.58$-0.04$-0.04$-0.04$0.22$0.07$0.09-$0.15$-0.02$-0.01$0.03$0.13$-0.12$-0.13$-0.04$0.26$-0.06$-0.09$-0.10$0.14$-0.07
Surprise %-------------0.95%1.50%8.00%0.53%-0.57%-3.00%0.16%2.29%0.65%0.68%-1.94%0.86%-0.30%-0.06%-0.13%1.46%0.69%

According to 3 Wall Street analysts, Farmland Partners's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.22 and a high estimate of $0.23. This represents a 228.57% increase compared to FPI previous annual EPS of $0.07 (Sep 23).

Farmland Partners Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FPIFarmland Partners$12.41$17.0036.99%Buy
CCICrown Castle$104.37$136.3030.59%Hold
LANDGladstone Land$11.85$15.0026.58%Buy
WYWeyerhaeuser Company$30.67$36.8620.18%Buy
PCHPotlatchDeltic$41.58$47.3313.83%Buy
RYNRayonier$30.15$32.507.79%Buy
GLPIGaming and Leisure Properties$50.54$54.327.48%Buy
LAMRLamar Advertising Company$127.54$103.00-19.24%Hold

FPI Forecast FAQ


Is Farmland Partners a good buy?

Yes, according to 14 Wall Street analysts, Farmland Partners (FPI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 35.71% of FPI's total ratings.

What is FPI's price target?

Farmland Partners (FPI) average price target is $17 with a range of $17 to $17, implying a 36.99% from its last price of $12.41. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Farmland Partners stock go up soon?

According to Wall Street analysts' prediction for FPI stock, the company can go up by 36.99% (from the last price of $12.41 to the average price target of $17), up by 36.99% based on the highest stock price target, and up by 36.99% based on the lowest stock price target.

Can Farmland Partners stock reach $20?

FPI's average twelve months analyst stock price target of $17 does not support the claim that Farmland Partners can reach $20 in the near future.

What are Farmland Partners's analysts' financial forecasts?

Farmland Partners's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $42.47M (high $43.34M, low $41.61M), average EBITDA is $29.08M (high $29.67M, low $28.48M), average net income is $1.67M (high $1.84M, low $1.51M), average SG&A $10.15M (high $10.36M, low $9.94M), and average EPS is $0.035 (high $0.0385, low $0.0315). FPI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $55.51M (high $56.17M, low $54.86M), average EBITDA is $38M (high $38.45M, low $37.56M), average net income is $3.83M (high $3.96M, low $3.69M), average SG&A $13.27M (high $13.42M, low $13.11M), and average EPS is $0.08 (high $0.0828, low $0.0772).

Did the FPI's actual financial results beat the analysts' financial forecasts?

Based on Farmland Partners's last annual report (Dec 2023), the company's revenue was $57.47M, beating the average analysts forecast of $47.84M by 20.13%. Apple's EBITDA was $60.9M, beating the average prediction of $35.11M by 73.48%. The company's net income was $30.91M, beating the average estimation of $19.3M by 60.21%. Apple's SG&A was $11.27M, missing the average forecast of $13.39M by -15.82%. Lastly, the company's EPS was $0.53, beating the average prediction of $0.399 by 32.78%. In terms of the last quarterly report (Sep 2023), Farmland Partners's revenue was $11.62M, beating the average analysts' forecast of $9.42M by 23.28%. The company's EBITDA was $5.81M, missing the average prediction of $6.45M by -9.97%. Farmland Partners's net income was $4.21M, beating the average estimation of $3.51M by 20.01%. The company's SG&A was $3.05M, beating the average forecast of $2.25M by 35.38%. Lastly, the company's EPS was $0.07, missing the average prediction of $0.0733 by -4.55%