Farmland Partners (FPI) Scheduled to Post Earnings on Tuesday

Farmland Partners (NYSE:FPI) is scheduled to release its earnings data after the market closes on Tuesday, April 30th. Analysts expect Farmland Partners to post earnings of $0.02 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Farmland Partners Price Performance

FPI opened at $10.84 on Friday. The business’s 50-day moving average is $10.90 and its two-hundred day moving average is $11.38. Farmland Partners has a 1 year low of $9.95 and a 1 year high of $13.27. The firm has a market capitalization of $521.95 million, a PE ratio of 20.85 and a beta of 0.75.

Farmland Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were paid a $0.06 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.24 annualized dividend and a yield of 2.21%. Farmland Partners’s dividend payout ratio (DPR) is presently 46.15%.

Analysts Set New Price Targets

Several research firms have issued reports on FPI. StockNews.com upgraded Farmland Partners from a “sell” rating to a “hold” rating in a research note on Friday, March 8th. Roth Capital reiterated a “buy” rating on shares of Farmland Partners in a research note on Thursday, February 8th.

Farmland Partners Company Profile

Farmland Partners Inc is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas.