Analyst Price Target is $15.00
▲ +5.93% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Farmland Partners in the last 3 months. The average price target is $15.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 5.93% upside from the last price of $14.16.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Farmland Partners. This rating has held steady since February 2022, when it changed from a Hold consensus rating.
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. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.