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FPI

Farmland Partners Inc.

FPI

NYSE·Real Estate·REIT - Specialty·Mkt cap $464.7M

$10.65

+1.14%

P/E

19.77

Mkt Cap

$464.7M

52-Wk Range

$9.21–$13.23

52-Week Range

$9.21 - $13.23

P/E

19.77

Fwd P/E

45.32

Beta

0.71

Div Yield

4.69%

Avg Vol

447.7K

Shares Out

44.4M

Mkt Cap

$464.7M

Price action

Price chart

Down 0.1% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Internal management structure reducing overhead costs
  • Diversified portfolio across 155,000 acres and 26 crop types
  • Established relationships with 100+ agricultural tenants
  • Geographic diversification across 16 states
  • REIT tax structure enabling high dividend distributions

Bear Case

2 risks

  • Low volatility (beta 0.7).
  • Significant premium - growth priced in

Growth

Revenue decline expected

Acquisition of additional high-quality farmland

Value

Significant premium - growth priced in

Momentum

Strong

+5.1% over 3m

Quality

Excellent

Solid business

Dividend

Solid

4.69% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $0.07 vs $0.02 consensus (+366.7% surprise). Revenue of $5.7M vs $5.6M expected (+1.1%). Beat on both top and bottom lines.

EPS beat +366.7%
Rev beat +1.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+366.7%

Revenue trend · last 8Q

-1%

-14%

-13%

-16%

+5%

-1%

-6%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$13.3M

$21.5M

$10.3M

$10.0M

$11.3M

$22.5M

$10.1M

$9.4M

Margins · last 8Q

Gross

0.0%

Operating

-0.2%

Profit

33.1%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How FPI stacks vs REIT - Specialty

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.