Farmland Partners Inc (FPI, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $11.93 million, and the earnings are expected to come in at -$0.04 per share. The full year 2024's revenue is expected to be $55.19 million and the earnings are expected to be $0.29 per share. More detailed estimate data can be found on the Forecast page.
Farmland Partners Inc (FPI, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Farmland Partners Inc (FPI) for the full year 2024 have shown a slight increase from $55.17 million to $55.19 million. However, estimates for 2025 have decreased from $56.90 million to $53.95 million. Earnings estimates for the full year 2024 have risen from $0.04 per share to $0.29 per share, while estimates for 2025 have remained steady at $0.02 per share.
Farmland Partners Inc (FPI, Financial) Reported History
In the previous quarter of 2024-06-30, Farmland Partners Inc's (FPI) actual revenue was $11.45 million, which missed analysts' revenue expectations of $11.895 million by -3.78%. Farmland Partners Inc's (FPI) actual earnings were -$0.06 per share, which missed analysts' earnings expectations of -$0.048 per share by -25%. After releasing the results, Farmland Partners Inc (FPI) was down by -6.87% in one day.
Farmland Partners Inc (FPI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Farmland Partners Inc (FPI) is $12.75 with a high estimate of $14 and a low estimate of $11.5. The average target implies an upside of 14.86% from the current price of $11.1.
Based on GuruFocus estimates, the estimated GF Value for Farmland Partners Inc (FPI, Financial) in one year is $11.62, suggesting an upside of 4.68% from the current price of $11.1.
Based on the consensus recommendation from 6 brokerage firms, Farmland Partners Inc's (FPI, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
