Farmland Partners (FPI) Earning Somewhat Favorable Press Coverage, Report Shows

Headlines about Farmland Partners (NYSE:FPI) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Farmland Partners earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.6737727463852 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several equities analysts have recently commented on the company. BidaskClub upgraded Farmland Partners from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 24th. Zacks Investment Research upgraded Farmland Partners from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Friday, November 24th. Raymond James Financial assumed coverage on Farmland Partners in a research note on Monday, September 18th. They set a “market perform” rating for the company. Stifel Nicolaus reiterated a “buy” rating and set a $9.25 target price (down from $10.00) on shares of Farmland Partners in a research note on Monday, September 25th. Finally, B. Riley reiterated a “hold” rating and set a $10.00 target price 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, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $9.65.

Farmland Partners (NYSE FPI) opened at $9.33 on Tuesday. The company has a market capitalization of $307.85, a P/E ratio of 17.00 and a beta of 0.21. Farmland Partners has a one year low of $8.06 and a one year high of $11.76.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be paid a dividend of $0.127 per share. This represents a $0.51 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Friday, December 29th. Farmland Partners’s dividend payout ratio (DPR) is currently 268.44%.

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Farmland Partners Company Profile

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).

Insider Buying and Selling by Quarter for Farmland Partners (NYSE:FPI)

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