Farmland Partners (NYSE:FPI) will post its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Farmland Partners to post earnings of $0.06 per share for the quarter.
Farmland Partners (NYSE FPI) opened at $7.46 on Friday. The company has a market cap of $241.24, a PE ratio of 39.26 and a beta of 0.13. Farmland Partners has a fifty-two week low of $7.15 and a fifty-two week high of $11.50.
A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Farmland Partners from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a report on Saturday, February 3rd. Raymond James Financial reiterated a “hold” rating on shares of Farmland Partners in a report on Monday, December 4th. Finally, B. Riley reiterated a “hold” rating and issued a $10.00 target price on shares of Farmland Partners in a report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $9.45.
About Farmland Partners
Farmland Partners, Inc is an internally managed real estate company. The Company owns and seeks to acquire farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership).
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