Farmland Partners Inc. (FPI) Fair Value 2026

FPI · REIT - Specialty ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.4 /10

32 fundamental signals · 9 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-27, Farmland Partners Inc. (FPI) trades at $10.25, versus a $8.63 median fair value across its 9 active models — 15.8% below the current price. QOC: 7.4/10. Value Trap Risk: 12/100 (SAFE). 9/13 models active.

Key Facts

Ticker
FPI
Price
$10.25
Quality Score
7.4/10
Value Trap Risk
12/100
Models Active
9/13
Last Updated
Strength: Markov DDM suggests +103.1% upside with 55% confidence
Risk: Majority of models suggest overvaluation

Is Farmland Partners Inc. (FPI) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, Farmland Partners Inc. (FPI) appears overvalued as of : the median of 9 independent fair value estimates is $8.63, 15.8% below the current price of $10.25. Estimates range from $1.55 to $20.82. FPI scores 7.4/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. FPI’s -15.8% gap is narrower than that market norm, and the REIT - Specialty sector median is -28.9%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Farmland Partners Inc. Stock in 2026? →

What Fair Value Does Each Model Give FPI?

9 Intrinsic Value Models vs. Current Price ($10.25)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $1.55 -84.8%
Ensemble · Low Conviction
 $8.63 -15.8%
Intrinsic · High Conviction
 $20.82 +103.1%
Intrinsic · High Conviction
 $4.34 -57.6%
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What Is FPI's Fair Value Range?

Spread across 9 independent models · $1.55 to $20.82

CirclFi's 9 active models place Farmland Partners Inc. (FPI) between $1.55 and $20.82 per share, a spread of 223% of the median. The median of that range — $8.63 — is the fair value CirclFi publishes for FPI, against a current price of $10.25.

Low · EPVHigh · Markov DDM
$1.55median $8.63$20.82
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$1.55
Most bullish modelMarkov DDM$20.82
Model agreement4 bullish · 5 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for FPI. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on FPI, not a CirclFi price target. How each model works →

What Is Farmland Partners Inc. (FPI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Farmland Partners Inc. at its current price of $10.25. The median intrinsic value is estimated at $8.63 (-15.8% vs price), with 5 models flagging overvaluation risk. Notably, Markov DDM sees the most upside at +103.1% (fair value: $20.82), while EPV is the most conservative at -84.8% ($1.55). The spread between these extremes — +187.9% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About FPI?

9 of 13 models are currently active for FPI. Of these, 4 models suggest upside while 5 models suggest overvaluation. Taken together, their median fair value for FPI is $8.63 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does FPI Rank in REIT - Specialty?

Among 20 REIT - Specialty stocks, FPI ranks #12 by Quality of Company score. CirclFi's QOC score of 7.4/10 evaluates 32 fundamental signals. A score of 7.4 indicates above-average quality.

Within the REIT - Specialty space, Farmland Partners Inc. competes in an environment where occupancy rate often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is FPI a Value Trap?

CirclFi's Value Trap algorithm assigns FPI a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

9 of 13 models are active for Farmland Partners Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Farmland Partners Inc.'s fundamental quality profile registers 7.4/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +187.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every FPI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across FPI's 9 active models, average confidence is 42%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Farmland Partners Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar REIT - Specialty Stocks Should You Also Analyze?

10 related REIT - Specialty stocks with 13-model coverage

LANDGladstone Land CorporationQOC 7.4OUTOUTFRONT Media Inc.QOC 7.4DLRDigital Realty Trust, Inc.QOC 7.6WYWeyerhaeuser CompanyQOC 6.9RYNRayonier Inc.QOC 7.8CCICrown Castle Inc.QOC 6.9UNITUniti Group Inc.QOC 6.6SELFGlobal Self Storage, Inc.QOC 8.7AMTAmerican Tower CorporationQOC 8.0NLCPNewLake Capital Partners, Inc.QOC 8.7

Read investment analysis: LAND · OUT · DLR · WY · RYN · CCI · UNIT · SELF · AMT · NLCP

Which Other Stocks Have a Similar Quality Score to FPI?

7 companies across all industries closest to FPI’s Quality of Company score of 7.4/10.

LXFRLuxfer Holdings PLCQOC 7.4WKCWorld Kinect CorporationQOC 7.4SBUXStarbucks CorporationQOC 7.4OCFCOceanFirst Financial Corp.QOC 7.4NNINelnet, Inc.QOC 7.4EIXEdison InternationalQOC 7.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: LXFR · WKC · SBUX · OCFC · NNI · EIX · NVDA

What Else Do Investors Ask About Farmland Partners Inc.’s Valuation?

What is Farmland Partners Inc.'s intrinsic value in 2026?

CirclFi puts Farmland Partners Inc. (FPI)'s intrinsic value at $8.63 — the median of 9 independent model estimates as of 2026-08-27, ranging from $1.55 to $20.82. The Quality of Company score is 7.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is FPI overvalued or undervalued right now?

At $10.25, 4 of 9 active models suggest FPI may be undervalued, while 5 indicate potential overvaluation. The median of all 9 fair value estimates is $8.63, 15.8% below the current price of $10.25 — a consensus view that FPI is overvalued. The assessment depends on which methodology best fits Farmland Partners Inc.'s business model in REIT - Specialty.

What does a Quality of Company score of 7.4 mean for FPI?

Farmland Partners Inc.'s QOC of 7.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on FPI?

CirclFi analyzes FPI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 9 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on FPI?

Of the 9 models currently active on FPI, Markov DDM is the most bullish at $20.82 per share, and Earnings Power Value (EPV) is the most bearish at $1.55. CirclFi's published fair value for FPI is the median of that range, $8.63, not either extreme. The gap between the two ends equals 223% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is FPI a value trap in 2026?

Farmland Partners Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 9-model valuation engine, Farmland Partners Inc. (FPI) has a median fair value of $8.63 — 15.8% below the current price of $10.25 — as of 2026-08-27.” Source: circlfi.com/stock/FPI/ · Methodology
Primary sources for this FPI valuation
  • Financial statements: Farmland Partners Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001591670) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for FPI as of ; valuations recomputed .

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