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 37.99% upside from FPI’s last price of $12.32) 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 37.99% upside from FPI's last price of $12.32.

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

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%	37.99%
Sep 14, 2022		Raymond James	$17.00	$14.66	15.96%	37.99%

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 37.99% increase from FPI last price ($12.32).

Farmland Partners Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$12.32	$12.32	$12.32
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 $12.32. 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
Jan 13, 2023	UBS		Neutral	Initialise
Jan 13, 2023	Brookline Capital		Buy	Initialise
Jan 13, 2023	Wedbush		Outperform	Initialise
Jan 13, 2023	Jefferies		Hold	Initialise
Jan 13, 2023	Desjardins		Sell	Downgrade

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	$13.99M	$13.92M	$13.84M	$13.76M	$15.58M	$8.34M	$8.23M	$8.53M	$16.61M	$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	$14.21M	$14.13M	$14.05M	$13.98M	$15.82M	$8.47M	$8.36M	$8.98M	$16.68M	$10.50M	$10.66M	$12.34M	$17.66M	$9.57M	$9.75M	$11.46M	$20.64M	$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	$13.77M	$13.70M	$13.62M	$13.55M	$15.34M	$8.21M	$8.10M	$8.07M	$16.53M	$9.74M	$10.66M	$11.96M	$17.39M	$9.28M	$9.45M	$11.11M	$20.01M	$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
# Analysts	1	1	1	1	1	1	1	1	1	1	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	1	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	$9.58M	$9.53M	$9.47M	$9.42M	$10.67M	$5.71M	$5.63M	$5.84M	$11.37M	$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	$9.73M	$9.68M	$9.62M	$9.57M	$10.83M	$5.80M	$5.72M	$6.15M	$11.42M	$7.19M	$7.30M	$11.31M	$12.09M	$6.55M	$6.68M	$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	$9.43M	$9.38M	$9.33M	$9.28M	$10.50M	$5.62M	$5.55M	$5.52M	$11.32M	$6.67M	$7.30M	$7.54M	$11.90M	$6.35M	$6.47M	$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 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	1	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	$6.22M	$-478.39K	$-1.44M	$-478.39K	$6.38M	$-956.78K	$-1.59M	$-1.44M	$37.47M	$-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	$6.34M	$-468.70K	$-1.41M	$-468.70K	$6.51M	$-937.41K	$-1.56M	$-1.41M	$39.82M	$-1.78M	$-1.72M	$358.64K	$11.23M	$3.52M	$4.56M	$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	$6.09M	$-488.07K	$-1.46M	$-488.07K	$6.25M	$-976.15K	$-1.63M	$-1.46M	$35.13M	$-1.85M	$-1.79M	$239.09K	$10.36M	$3.50M	$4.37M	$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 $11.23M. 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 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	1	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	$3.34M	$3.33M	$3.31M	$3.29M	$3.72M	$1.99M	$1.97M	$2.04M	$3.97M	$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	$3.40M	$3.38M	$3.36M	$3.34M	$3.78M	$2.02M	$2.00M	$2.15M	$3.99M	$2.51M	$2.55M	$5.22M	$4.22M	$2.29M	$2.33M	$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	$3.29M	$3.27M	$3.26M	$3.24M	$3.67M	$1.96M	$1.94M	$1.93M	$3.95M	$2.33M	$2.55M	$3.48M	$4.16M	$2.22M	$2.26M	$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 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	1	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	$0.13	$-0.01	$-0.03	$-0.01	$0.13	$-0.02	$-0.03	$-0.03	$0.78	$-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	$0.14	$-0.02	$-0.03	$-0.03	$0.83	$-0.04	$-0.04	$-0.03	$0.23	$0.07	$0.10	-	$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	$-0.02	$-0.03	$-0.03	$0.73	$-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FPI	Farmland Partners	$12.62	$17.00	34.71%	Buy
LAND	Gladstone Land	$11.25	$15.00	33.33%	Buy
CCI	Crown Castle	$94.88	$118.60	25.00%	Hold
WY	Weyerhaeuser Company	$29.38	$36.20	23.21%	Buy
GLPI	Gaming and Leisure Properties	$48.99	$57.33	17.02%	Buy
PCH	PotlatchDeltic	$41.41	$48.00	15.91%	Buy
RYN	Rayonier	$27.79	$31.00	11.55%	Buy
LAMR	Lamar Advertising Company	$128.49	$103.00	-19.84%	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 37.99% from its last price of $12.32. 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 37.99% (from the last price of $12.32 to the average price target of $17), up by 37.99% based on the highest stock price target, and up by 37.99% 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 $40.68M (high $41.63M, low $39.72M), average EBITDA is $27.85M (high $28.5M, low $27.19M), average net income is $2.39M (high $2.6M, low $2.18M), average SG&A $9.72M (high $9.95M, low $9.49M), and average EPS is $0.05 (high $0.0544, low $0.0456). FPI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $55.51M (high $56.38M, low $54.65M), average EBITDA is $38M (high $38.6M, low $37.41M), average net income is $3.83M (high $4M, low $3.65M), average SG&A $13.27M (high $13.47M, low $13.06M), and average EPS is $0.08 (high $0.0836, low $0.0764).

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%