Farmland Partners (NYSE:FPI) will announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Farmland Partners (FPI) opened at $7.44 on Tuesday. Farmland Partners has a one year low of $7.27 and a one year high of $11.50. The firm has a market cap of $240.59, a P/E ratio of 39.16 and a beta of 0.13.
A number of research analysts have weighed in on FPI shares. Zacks Investment Research raised shares of Farmland Partners from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research note on Tuesday, January 16th. Raymond James Financial reaffirmed a “hold” rating on shares of Farmland Partners in a research note on Monday, December 4th. Finally, B. Riley reaffirmed a “hold” rating and issued a $10.00 price target on shares of Farmland Partners in a research note on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target 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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