22.73% percent quarterly performance for Farmland Partners Inc (FPI) is not indicative of the underlying story

On Tuesday, Farmland Partners Inc (NYSE: FPI) was 2.76% up from the session before settling in for the closing price of $11.24. A 52-week range for FPI has been $8.79 – $11.76.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 0.89%. When this article was written, the company’s average yearly earnings per share was at 39.62%. With a float of $43.51 million, this company’s outstanding shares have now reached $48.17 million.

Considering the fact that the conglomerate employs 26 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.29%, operating margin of 44.56%, and the pretax margin is 32.55%.

Farmland Partners Inc (FPI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Farmland Partners Inc stocks. The insider ownership of Farmland Partners Inc is 9.67%, while institutional ownership is 60.32%. The most recent insider transaction that took place on Dec 19 ’24, was worth 183,516. In this transaction Director of this company bought 15,000 shares at a rate of $12.23, taking the stock ownership to the 101,465 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Director bought 24,000 for $10.15, making the entire transaction worth $243,574. This insider now owns 86,465 shares in total.

Farmland Partners Inc (FPI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 39.62% per share during the next fiscal year.

Farmland Partners Inc (NYSE: FPI) Trading Performance Indicators

You can see what Farmland Partners Inc (FPI) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.78. Likewise, its price to free cash flow for the trailing twelve months is 94.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 0.05 in one year’s time.

Technical Analysis of Farmland Partners Inc (FPI)

Compared to the last year’s volume of 0.34 million, its volume of 0.69 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.73%. Additionally, its Average True Range was 0.30.

During the past 100 days, Farmland Partners Inc’s (FPI) raw stochastic average was set at 58.73%, which indicates a significant increase from 24.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.71% in the past 14 days, which was higher than the 28.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.97, while its 200-day Moving Average is $11.08. Nevertheless, the first resistance level for the watch stands at $11.69 in the near term. At $11.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.09. If the price goes on to break the first support level at $11.29, it is likely to go to the next support level at $11.02. Should the price break the second support level, the third support level stands at $10.89.

Farmland Partners Inc (NYSE: FPI) Key Stats

There are 48,173K outstanding shares of the company, which has a market capitalization of 570.30 million. As of now, sales total 57,470 K while income totals 30,910 K. Its latest quarter income was 13,320 K while its last quarter net income were 1,790 K.