FPI

Farmland Partners remains a HOLD with a reduced price target of $7.50/share, reflecting deepening sector headwinds and operational challenges. FPI faces persistent AFFO declines due to asset sales, rising debt, pressured rents, and heightened credit loss provisions from its farm loan program. US agriculture's margin squeeze, weak commodity prices, and succession risks undermine FPI's rental growth and threaten dividend coverage.

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended March 31, 2026. Selected Highlights For the quarter ended March 31, 2026, the Company: recorded net income of $0.6 million, or $0.01 per share available to common stockholders, compared to $2.1 million, or $0.03 per share available to common stockholders for the same period in 2025; recorded AFFO of $2.1 million, or $0.05 per share, compared to $2.3 million.

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the quarter ended March 31, 2026, after 5 p.m. (Eastern Time) on Wednesday, April 29, 2026, and will host a conference call the following day, Thursday, April 30, 2026, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update. The call can be accessed live over the phone by dialing 1-800-715-9871 and using the conference ID 54722.

REITs were rolling out of the gates in early-2026, coming back into favor amid a HALO trade (Heavy Assets, Low Obsolescence) after a half-decade of rate headwinds and unfavorable narrative. The oil price surge tied to the Iran conflict has complicated the rotation by sending rates soaring, yet REITs have remained surprisingly resilient in recent weeks, maintaining sizable year-to-date outperformance. REIT-rate correlations have eased in recent quarters, signaling a more favorable "regime change" where performance is driven by property fundamentals rather than macro forces, following a prolonged period of rate-dominated.