Farmland Partners (NYSE:FPI – Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Farmland Partners to post earnings of $0.01 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Farmland Partners Price Performance
Shares of FPI stock opened at $10.99 on Monday. Farmland Partners has a one year low of $9.70 and a one year high of $13.12. The company’s fifty day moving average price is $10.48 and its 200-day moving average price is $10.80. The company has a market capitalization of $529.36 million, a price-to-earnings ratio of 21.55 and a beta of 0.70.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded Farmland Partners from a “hold” rating to a “sell” rating in a research report on Thursday, July 25th.
Insider Buying and Selling at Farmland Partners
In related news, Director John A. Good bought 24,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were purchased at an average price of $10.15 per share, with a total value of $243,600.00. Following the completion of the acquisition, the director now owns 86,465 shares of the company’s stock, valued at $877,619.75. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.30% of the company’s stock.
About Farmland Partners
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.
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