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 39.69% upside from FPI’s last price of $12.17) 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 39.69% upside from FPI's last price of $12.17.
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% | 39.69% |
| Sep 14, 2022 | - | Raymond James | $17.00 | $14.66 | 15.96% | 39.69% |
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 39.69% increase from FPI last price ($12.17).
Farmland Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $12.17 | $12.17 | $12.17 |
| 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 $12.17. 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 | $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 | $14.50M | $14.43M | $14.35M | $14.27M | $16.83M | $9.11M | $8.95M | $9.65M | $16.88M | $10.50M | $10.66M | $12.59M | $17.66M | $9.77M | $9.95M | $11.69M | $21.07M | $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 | $13.51M | $13.43M | $13.36M | $13.29M | $15.67M | $8.49M | $8.34M | $8.11M | $16.46M | $9.74M | $10.66M | $11.73M | $17.39M | $9.10M | $9.27M | $10.89M | $19.62M | $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 | 2 | 2 | 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 | 2 | 2 | 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 | $7.84M | $7.80M | $7.76M | $7.72M | $9.10M | $4.93M | $4.84M | $4.94M | $9.36M | $5.67M | $5.98M | $9.42M | $9.83M | $5.28M | $5.38M | $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 | $8.13M | $8.09M | $8.04M | $8.00M | $9.43M | $5.11M | $5.02M | $5.41M | $9.46M | $5.89M | $5.98M | $11.31M | $9.90M | $5.48M | $5.58M | $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 | $7.57M | $7.53M | $7.49M | $7.45M | $8.78M | $4.76M | $4.67M | $4.55M | $9.23M | $5.46M | $5.98M | $7.54M | $9.75M | $5.10M | $5.20M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 0.91% | 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 $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 | 2 | 2 | 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 | $7.65M | $-956.78K | $-1.44M | $-478.39K | $6.70M | $-1.32M | $-1.67M | $-1.04M | $17.94M | $-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 | $8.02M | $-913.71K | $-1.37M | $-456.85K | $7.02M | $-1.26M | $-1.60M | $-717.59K | $19.14M | $-1.74M | $-1.68M | $358.64K | $11.53M | $3.52M | $4.68M | $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 | $7.31M | $-1.00M | $-1.50M | $-501.15K | $6.40M | $-1.38M | $-1.75M | $-1.37M | $16.74M | $-1.90M | $-1.84M | $239.09K | $10.36M | $3.50M | $4.26M | $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 $11.53M. 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 | 2 | 2 | 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 | $3.88M | $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 | $3.47M | $3.45M | $3.43M | $3.41M | $4.02M | $2.18M | $2.14M | $2.31M | $4.03M | $2.51M | $2.55M | $5.22M | $4.22M | $2.33M | $2.38M | $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 | $3.23M | $3.21M | $3.19M | $3.18M | $3.74M | $2.03M | $1.99M | $1.94M | $3.93M | $2.33M | $2.55M | $3.48M | $4.16M | $2.17M | $2.22M | $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 | 2 | 2 | 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 | $0.16 | $-0.02 | $-0.03 | $-0.01 | $0.14 | $-0.03 | $-0.04 | $-0.02 | $0.38 | $-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 | $0.17 | $-0.02 | $-0.03 | $-0.01 | $0.15 | $-0.03 | $-0.03 | $-0.01 | $0.40 | $-0.04 | $-0.04 | $-0.03 | $0.24 | $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 | $0.15 | $-0.02 | $-0.03 | $-0.01 | $0.13 | $-0.03 | $-0.04 | $-0.03 | $0.35 | $-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 $0.24. 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 | $12.17 | $17.00 | 39.69% | Buy |
| CCI | Crown Castle | $102.25 | $136.30 | 33.30% | Hold |
| LAND | Gladstone Land | $12.34 | $15.00 | 21.56% | Buy |
| WY | Weyerhaeuser Company | $30.68 | $36.86 | 20.14% | Buy |
| PCH | PotlatchDeltic | $41.31 | $47.33 | 14.57% | Buy |
| GLPI | Gaming and Leisure Properties | $49.16 | $54.32 | 10.50% | Buy |
| RYN | Rayonier | $29.74 | $32.50 | 9.28% | Buy |
| LAMR | Lamar Advertising Company | $128.94 | $103.00 | -20.12% | Hold |