Company raises low end of 2026 AFFO per share guidance to $0.31 from $0.30; top end remains at $0.35
Farmland Partners expects to continue evaluating asset disposals through year-end
Company says resilient farm economy supports outlook for strong remainder of 2026
Overview
U.S. farmland REIT's Q2 operating revenue fell 5.7% yr/yr
Q2 adjusted FFO rose 30.6% and slightly beat analyst expectations
Company raised low end of 2026 AFFO per share guidance
Result drivers
Portfolio streamlining - Co said efforts to create a leaner corporate structure and streamline core business led to improved operating profitability
Asset dispositions - Gains from property sales contributed to quarterly results
Farm economy - Co said a resilient farm economy aided performance of core business
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
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