While Farmland Partners Inc has underperformed by -0.93%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FPI rose by 15.01%, with highs and lows ranging from $11.99 to $8.79, whereas the simple moving average jumped by 14.91% in the last 200 days.
On December 13, 2023, B. Riley Securities started tracking Farmland Partners Inc (NYSE: FPI) recommending Neutral. A report published by Janney on January 13, 2023, Upgraded its rating to ‘Buy’ for FPI. ROTH Capital also rated FPI shares as ‘Buy’, setting a target price of $16 on the company’s shares in an initiating report dated June 21, 2022. Berenberg Initiated an Buy rating on October 14, 2021, and assigned a price target of $14. B. Riley FBR November 13, 2018d its ‘Buy’ rating to ‘Neutral’ for FPI, as published in its report on November 13, 2018. Raymond James also rated the stock as ‘Mkt Perform’.
Analysis of Farmland Partners Inc (FPI)
Investors in Farmland Partners Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.24 per share. Further, the quarter-over-quarter increase in sales is 14.63%, showing a positive trend in the upcoming months.
One of the most important indicators of Farmland Partners Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 3.58% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and FPI is recording 387.88K average volume. On a monthly basis, the volatility of the stock is set at 2.43%, whereas on a weekly basis, it is put at 2.04%, with a gain of 2.63% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.50, showing growth from the present price of $11.71, which can serve as yet another indication of whether FPI is worth investing in or should be passed over.
How Do You Analyze Farmland Partners Inc Shares?
The REIT – Specialty market is dominated by Farmland Partners Inc (FPI) based in the USA. When comparing Farmland Partners Inc shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 50.56, there is a growth in quarterly earnings of -69.80%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.70%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 60.46% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FPI shares are owned by institutional investors to the tune of 60.46% at present.
