FPI Stock Fund Price and Chart NYSE:FPI

The combined company is the largest public farmland real estate investment trust in the nation, spanning more than 144,000 acres across 16 states. On a consolidated basis, the combined portfolio consists of approximately 75% primary row crop farmland and 25% specialty crops (fresh fruits and vegetables and permanent crops) by value. This composition of farmland closely tracks the aggregate value of all U.S. agricultural production, which FPI believes offers stockholders well diversified exposure to high-quality U.S. farmland. FPI generally does not operate properties; it leases its farmland to some of the leading producers in the nation. FPI now has over 100 tenant farmers who grow more than 26 major commercial crops, resulting in broad diversification across the combined company’s portfolio. Farmland Partners, Inc. operates as a real estate investment trust.

As of July 31st, there was short interest totaling 1,870,000 shares, a decrease of 19.0% from the July 15th total of 2,310,000 shares. Based on an average daily trading volume, of 394,700 shares, the short-interest ratio is currently 4.7 days. Farmland Partners issued an update on its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $0.11-$0.18 for the period, compared to the consensus earnings per share estimate of $0.22. Approximately 64.61% of the outstanding shares of AFCO common stock voted at the AFCO special meeting, with approximately 99.64% of the votes cast in favor of the proposed merger.

Barchart Technical Opinion

We’re a publicly traded real estate investment trust (REIT) that purchases, leases, and manages high-quality farmland throughout North America. Landmark Partners, an SEC Registered Advisor, is an experienced participant in the private equity secondary market for private equity (also known as secondaries) and real estate investments. Founded in 1989, the firm is a source of liquidity to owners of interests in venture, mezzanine, buyout, and real estate limited partnerships. Landmark Partners has four offices located in Boston, New York, Simsbury, and London.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Amplify Inflation Fighter ETF holds 18,990 shares of FPI stock, representing 2.63% of its portfolio. Due to higher costs of transportation, the location of the farmland to grain elevators, feedlots, and ethanol plants is vital to the success of our portfolio. We seek to acquire farmland where water availability through precipitation and irrigation meets the agrinomic needs of crops in the region. Our team’s deep understanding of agriculture and the factors affecting the value of farmland allow us to identify properties consistent with our uncompromising investment criteria.

About Farmland Partners Inc.

We partner with our tenants to improve the land they farm, increasing both their profitability and our own. Farmland is a large, under-allocated sector that’s historically provided steady appreciation, predictable income, and inflation protection. https://investmentsanalysis.info/ The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. Sign-up to receive the latest news and ratings for Farmland Partners and its competitors with MarketBeat’s FREE daily newsletter.

Commenting on the merger, Paul Pittman, FPI Chairman and CEO, said, “We are now the largest, most diversified, most liquid REIT investing in farmland – and we look forward to continued accretive growth.” That allows us to choose tenants who promote efficiency, prioritize land productivity, and protect our assets. We believe that diversification within and across core farming regions and crop types provides significant risk mitigation to our investors. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. The Barchart Technical Opinion rating is a 56% Sell with a Strengthening short term outlook on maintaining the current direction.

Our Board of Directors

Concurrently with the completion of the merger, the number of directors on FPI’s Board of Directors was increased to eight, and D. Dixon Boardman, former Chairman of the Board of Directors of AFCO, and Thomas S.T. Gimbel, former Chief Executive Officer and director of AFCO, joined the six existing members on FPI’s Board of Directors. Every farm we consider must have a better than average soil quality index. This ensures production efficiencies and reduces risk of any remediation. Visit a quote page and your recently viewed tickers will be displayed here.

• Its property portfolio focuses on the primary crops, such as corn, soybeans, wheat, rice and cotton and the remaining land is used to grow specialty crops, such as almond, citrus, blueberries, vegetables and edible beans.
• Our team’s deep understanding of agriculture and the factors affecting the value of farmland allow us to identify properties consistent with our uncompromising investment criteria.
• Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.

Investing in farmland hasn’t always made sense for most Americans, but that has now changed. We were founded by a farmer, and our team has hands-on farm experience. This expertise and love of agriculture has driven our past, and it’s shaping Crude oil cfd our future. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of FPI stock can currently be purchased for approximately $10.98. Farmland Partners declared a quarterly dividend on Wednesday, July 26th.

Farmland Partners started at market perform at Raymond James

2 Wall Street analysts have issued twelve-month price targets for Farmland Partners’ stock. Their FPI share price forecasts range from $14.00 to $16.00. On average, they anticipate the company’s share price to reach $15.00 in the next twelve months. This suggests a possible upside of 36.6% from the stock’s current price. View analysts price targets for FPI or view top-rated stocks among Wall Street analysts.

Since then, FPI shares have decreased by 11.9% and is now trading at $10.98. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.

• All statements that address events or developments that we expect or anticipate will occur in the future are forward-looking statements.
• Their FPI share price forecasts range from $14.00 to $16.00.
• Farmland Partners Inc. responded to accusations Wednesday afternoon from a short seller that sent shares to all-time lows in the regular trading session, saying the “allegations are false.” Farmland Partners stock bounced…
• Based on an average daily trading volume, of 394,700 shares, the short-interest ratio is currently 4.7 days.

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. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company has approximately 26 crop types and over 100 tenants.

After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Farmland Partners Inc. responded to accusations Wednesday afternoon from a short seller that sent shares to all-time lows in the regular trading session, saying the “allegations are false.” Farmland Partners stock bounced…