Farmland Partners (NYSE:FPI) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of Farmland Partners Inc. (NYSE:FPI) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.90 and traded as low as $9.63. Farmland Partners shares last traded at $9.6810, with a volume of 243,769 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Weiss Ratings lowered Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Zacks Research downgraded Farmland Partners from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Farmland Partners currently has an average rating of “Hold”.

Farmland Partners Stock Down 0.3%

The business has a 50-day moving average price of $9.95 and a two-hundred day moving average price of $10.90. The company has a market capitalization of $422.29 million, a price-to-earnings ratio of 16.69 and a beta of 0.67.

Farmland Partners (NYSE:FPI) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Farmland Partners had a return on equity of 6.48% and a net margin of 57.94%.The firm had revenue of $10.10 million during the quarter, compared to the consensus estimate of $5.67 million. Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. On average, sell-side analysts anticipate that Farmland Partners Inc. will post 0.26 EPS for the current fiscal year.

Farmland Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 1st. Farmland Partners’s dividend payout ratio (DPR) is 62.07%.

Institutional Investors Weigh In On Farmland Partners

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Strengthening Families & Communities LLC acquired a new position in Farmland Partners during the 4th quarter valued at about $27,000. Advisory Services Network LLC bought a new position in shares of Farmland Partners in the third quarter valued at approximately $29,000. Pinnacle Holdings LLC purchased a new position in shares of Farmland Partners during the fourth quarter valued at approximately $31,000. Tower Research Capital LLC TRC boosted its position in shares of Farmland Partners by 218.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,209 shares of the financial services provider’s stock valued at $48,000 after buying an additional 2,886 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in Farmland Partners by 245.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,111 shares of the financial services provider’s stock worth $50,000 after buying an additional 3,631 shares in the last quarter. 58.00% of the stock is owned by institutional investors.

Farmland Partners Company Profile

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company’s primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.