Farmland Partners (FPI) Stock Forecast, Price Target & Predictions
FPI Stock Forecast
Farmland Partners stock forecast is as follows: an average price target of $17.00 (represents a 60.08% upside from FPI’s last price of $10.62) 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 60.08% upside from FPI's last price of $10.62.
FPI Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 14, 2022 | Buck Horne | Raymond James | $17.00 | $14.65 | 16.04% | 60.08% |
| Sep 14, 2022 | - | Raymond James | $17.00 | $14.66 | 15.96% | 60.08% |
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 60.08% increase from FPI last price ($10.62).
Farmland Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $10.62 | $10.62 | $10.62 |
| 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 $10.62. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 26, 2023 | Raymond James | Outperform | Outperform | Hold |
| Jan 13, 2023 | Barclays | - | Underweight | Downgrade |
| Jan 13, 2023 | Evercore ISI | - | Buy | Upgrade |
| Jan 13, 2023 | Wells Fargo | - | Equal-Weight | Downgrade |
| Jan 13, 2023 | RBC Capital | - | Underperform | Downgrade |
| Jan 13, 2023 | Guggenheim | - | Sell | Downgrade |
| Jan 13, 2023 | Northcoast Research | - | Neutral | Downgrade |
| Jan 13, 2023 | Janney Montgomery | - | Neutral | Downgrade |
| Jan 13, 2023 | Goldman Sachs | - | Sell | Downgrade |
| Jan 13, 2023 | Credit Suisse | - | Outperform | Initialise |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $12.09M | $12.03M | $11.96M | $11.89M | $16.68M | $9.74M | $9.56M | $9.88M | $16.23M | $9.38M | $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 | $12.22M | $12.16M | $12.09M | $12.02M | $16.87M | $9.84M | $9.66M | $9.99M | $16.41M | $9.49M | $10.78M | $12.28M | $17.66M | $9.53M | $9.71M | $11.40M | $20.55M | $9.50M | $9.35M | $11.10M | $17.62M | $9.06M | $9.59M | $8.90M | $20.19M | $9.29M | $9.86M | $9.84M | $18.46M | $12.17M |
| Low Forecast | $11.95M | $11.88M | $11.82M | $11.75M | $16.49M | $9.62M | $9.45M | $9.77M | $16.04M | $9.27M | $10.54M | $12.01M | $17.39M | $9.31M | $9.49M | $11.15M | $20.09M | $9.28M | $9.14M | $10.84M | $17.22M | $8.86M | $9.37M | $8.70M | $19.73M | $9.08M | $9.64M | $9.62M | $18.04M | $11.89M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 | $6.78M | $6.74M | $6.70M | $6.67M | $9.35M | $5.46M | $5.36M | $5.54M | $9.10M | $5.26M | $5.98M | $9.42M | $9.83M | $5.28M | $5.38M | $10.08M | $11.40M | $2.02M | $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 | $6.85M | $6.81M | $6.78M | $6.74M | $9.45M | $5.52M | $5.42M | $5.60M | $9.20M | $5.32M | $6.04M | $11.31M | $9.90M | $5.34M | $5.44M | $12.10M | $11.52M | $2.43M | $5.24M | $12.94M | $9.88M | $5.08M | $5.37M | $4.99M | $11.32M | $5.21M | $5.53M | $6.68M | $10.35M | $6.82M |
| Low Forecast | $6.70M | $6.66M | $6.63M | $6.59M | $9.24M | $5.40M | $5.30M | $5.48M | $8.99M | $5.20M | $5.91M | $7.54M | $9.75M | $5.22M | $5.32M | $8.06M | $11.26M | $1.62M | $5.12M | $8.62M | $9.65M | $4.97M | $5.25M | $4.88M | $11.06M | $5.09M | $5.40M | $4.45M | $10.11M | $6.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 0.91% | 0.66% | 1.29% | 3.35% | 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 $9.83M, with a high of $9.90M and a low of $9.75M. This is 69.21% upper than Farmland Partners's previous annual EBITDA (Sep 23) of $5.81M.
Farmland Partners Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 | $7.65M | $-955.96K | $-1.43M | $-477.98K | $5.97M | $-1.43M | $-1.67M | $-1.19M | $5.14M | $-1.96M | $-1.75M | $298.87K | $10.99M | $3.51M | $4.46M | $319.64K | $7.41M | $-1.53M | $-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 | $7.76M | $-941.39K | $-1.41M | $-470.69K | $6.06M | $-1.41M | $-1.65M | $-1.18M | $5.21M | $-1.70M | $-1.73M | $358.64K | $11.15M | $3.55M | $4.52M | $383.57K | $7.51M | $-1.23M | $-627.58K | $410.24K | $6.14M | $-5.65M | $-6.12M | $4.37M | $12.37M | $-2.82M | $-4.24M | $520.08K | $6.63M | $-3.14M |
| Low Forecast | $7.53M | $-969.49K | $-1.45M | $-484.75K | $5.88M | $-1.45M | $-1.70M | $-1.21M | $5.06M | $-2.23M | $-1.78M | $239.09K | $10.35M | $3.45M | $4.39M | $255.72K | $7.30M | $-1.84M | $-646.66K | $273.49K | $5.96M | $-5.82M | $-6.31M | $2.91M | $12.00M | $-2.91M | $-4.37M | $346.72K | $6.43M | $-3.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.73% | 5.24% | 0.89% | -0.71% | -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 $10.99M, with a range of $10.35M to $11.15M. FPI's average Quarter net income forecast represents a 161.13% increase compared to the company's last Quarter net income of $4.21M (Sep 23).
Farmland Partners SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 | $2.89M | $2.87M | $2.86M | $2.84M | $3.99M | $2.33M | $2.28M | $2.36M | $3.88M | $2.24M | $2.55M | $4.35M | $4.19M | $2.25M | $2.29M | $4.66M | $4.86M | $2.61M | $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 | $2.92M | $2.91M | $2.89M | $2.87M | $4.03M | $2.35M | $2.31M | $2.39M | $3.92M | $2.27M | $2.58M | $5.22M | $4.22M | $2.28M | $2.32M | $5.59M | $4.91M | $3.13M | $2.23M | $5.98M | $4.21M | $2.17M | $2.29M | $8.07M | $4.83M | $2.22M | $2.36M | $5.19M | $4.41M | $2.91M |
| Low Forecast | $2.86M | $2.84M | $2.82M | $2.81M | $3.94M | $2.30M | $2.26M | $2.33M | $3.83M | $2.21M | $2.52M | $3.48M | $4.16M | $2.23M | $2.27M | $3.73M | $4.80M | $2.09M | $2.18M | $3.98M | $4.11M | $2.12M | $2.24M | $5.38M | $4.72M | $2.17M | $2.30M | $3.46M | $4.31M | $2.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 1.39% | 0.61% | 0.78% | 1.12% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 | $0.16 | $-0.02 | $-0.03 | $-0.01 | $0.13 | $-0.03 | $-0.04 | $-0.03 | $0.11 | $-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 | $0.16 | $-0.02 | $-0.03 | $-0.01 | $0.13 | $-0.03 | $-0.03 | $-0.02 | $0.11 | $-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 | $0.16 | $-0.02 | $-0.03 | $-0.01 | $0.12 | $-0.03 | $-0.04 | $-0.03 | $0.11 | $-0.05 | $-0.04 | $-0.04 | $0.22 | $0.07 | $0.09 | - | $0.15 | $-0.02 | $-0.01 | $0.03 | $0.12 | $-0.12 | $-0.13 | $-0.04 | $0.25 | $-0.06 | $-0.09 | $-0.10 | $0.13 | $-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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FPI | Farmland Partners | $10.62 | $17.00 | 60.08% | Buy |
| CCI | Crown Castle | $119.54 | $139.10 | 16.36% | Hold |
| WY | Weyerhaeuser Company | $33.25 | $36.43 | 9.56% | Buy |
| GLPI | Gaming and Leisure Properties | $51.34 | $54.25 | 5.67% | Buy |
| LAND | Gladstone Land | $14.56 | $15.00 | 3.02% | Buy |
| RYN | Rayonier | $31.70 | $32.50 | 2.52% | Buy |
| PCH | PotlatchDeltic | $45.95 | $46.33 | 0.83% | Buy |
| LAMR | Lamar Advertising Company | $129.86 | $103.00 | -20.68% | Buy |
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 60.08% from its last price of $10.62. 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 60.08% (from the last price of $10.62 to the average price target of $17), up by 60.08% based on the highest stock price target, and up by 60.08% 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 $45.87M (high $46.37M, low $45.33M), average EBITDA is $25.71M (high $25.99M, low $25.41M), average net income is $1.67M (high $1.82M, low $1.52M), average SG&A $10.96M (high $11.08M, low $10.83M), and average EPS is $0.035 (high $0.0381, low $0.0318). FPI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $47.97M (high $48.49M, low $47.41M), average EBITDA is $26.89M (high $27.18M, low $26.58M), average net income is $4.78M (high $4.93M, low $4.62M), average SG&A $11.47M (high $11.59M, low $11.33M), and average EPS is $0.1 (high $0.103, low $0.0967).
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 $30.57M by 99.21%. The company's net income was $30.91M, beating the average estimation of $19.28M by 60.34%. 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, beating the average prediction of $5.28M by 9.95%. Farmland Partners's net income was $4.21M, beating the average estimation of $3.51M by 20.11%. 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%