Agro Sector Ideas

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Farmland Partners - >>> 7 Wheat Stocks to Buy as the World Faces a Shortage of the Amber-Colored Grain


Investor Place

by Alex Sirois

March 17, 2022


https://finance.yahoo.com/news/7-wheat-stocks-buy-world-113020763.html

Farmland Partners is a real estate investment trust (REIT) that focuses on cropland real estate. It manages and acquires farmland and agricultural property that covers basic crops including corn, soybeans, wheat, rice, and cotton.

And the Ukraine invasion has sent its share prices moving upward. To be fair, FPI stock had already reached new highs throughout 2021. Its prices essentially doubled as investors became more interested due to the narrative about farmland real estate future value appreciation. I’m not implying that isn’t the case, only providing background.

And FPI could certainly rise higher on renewed narratives about domestic cropland in the wake of the invasion. Farmland Partners had a strong 2021 in which net income increased 36% to $10.2 million.

If the company can control expenses during this period, those net income figures should rise again as its top line is likely to increase. The only word of caution here is that FPI stock is already fully priced at $12.92. That said, it could easily rise and the high analyst price does reach $16.

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