FPI Stock Summary and Trading Ideas (Farmland Partners | NYSE:FPI)

Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.

Farmland Partners trades on the NYSE stock market under the symbol FPI.

As of March 5, 2025, FPI stock price declined to $11.36 with 330,848 million shares trading.

FPI has a beta of 0.40, meaning it tends to be less sensitive to market movements. FPI has a correlation of 0.05 to the broad based SPY ETF.

FPI has a market cap of $521.36 million. This is considered a Small Cap stock.

Last quarter Farmland Partners reported $21 million in Revenue and $.19 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.02.

In the last 3 years, FPI traded as high as $16.43 and as low as $9.44.

The top ETF exchange traded funds that FPI belongs to (by Net Assets): VNQ, VTI, IWM, VXF, IWN.

FPI has outperformed the market in the last year with a price return of +23.2% while the SPY ETF gained +15.2%. FPI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.3% and -3.2%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

FPI support price is $11.39 and resistance is $11.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FPI shares will trade within this expected range on the day.