Farmland Partners Inc. (FPI): Research report on FPI Performance

B. Riley FBR announced it was Downgrade coverage of Farmland Partners Inc. in a research note on November 13, 2018. The analysts assigned a Neutral rating to the stock. Janney rated the stock as a Neutral in a research noted published on March 16, 2018. Raymond James rated the stock as a Mkt perform in a research note published on September 19, 2017.

Pittman Paul A, the Chief Executive Officer of Farmland Partners Inc., bought 2000.0 shares at the valuation of $6.84 during an exchange that occurred on Jun 30, which implies that Pittman Paul A is holding 2,440,603 shares at the estimation of $13,680 dependent on the most recent closing price.

In another transaction, on Jun 11, Chief Executive Officer of Farmland Partners Inc., Pittman Paul A, bought 2000.0 shares at the price of $6.46. After this activity, Pittman Paul A now keeps 2,438,603 shares of Farmland Partners Inc., esteemed at $12,920 with the most recent shutting price.

FPI Recent Trade

The share price of FPI ascended by $0.1 during the exchanging session on 07/13/20 to exchange at $6.92. Farmland Partners Inc. stock has an exchanging volume of 0.13 million shares, which is low, contrasted with its 3-months average volume of 160.07K shares. Its market capitalization has now reached to $204.28M and analysts have a consensus target price of $7.00 in the 12-month period.

FPI Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, FPI price has rose by 1.76%. In the course of past three months sees the stock go up around 13.82%, while it has gain 0.87% over the past six months and 2.06% since the start of the year.

FPI Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 11.65 billion, which was higher than the gauge of 11.02M made by certain experts. For that equivalent quarter, Farmland Partners Inc. posted -$0.09 earnings per share (EPS) which was above the consensus estimate of -$0.1 by $0.01, which represents to an expansion by 10.00%.

FPI Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Farmland Partners Inc. has seen its stock exchanging -7.73% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +21.16% above its three-month low. A more extensive look sees FPI exchanging -7.73% beneath its 52-week high and 37.02% above from its 52-week low price.

FPI Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 3.19%, while it has a month to month instability of 3.66%. The company has an ATR (Average True Range) of 0.26 and a beta factor of 0.68.

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