Streetbeat News

FPH

Five Point Holdings, LLC

https://www.fivepoint.com

Industry

Real Estate - Development

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016. Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.

Open

3.79

Mkt cap

262M

Volume

327K

High

3.85

P/E Ratio

5.40

52-wk high

4.39

Low

3.77

Div yield

N/A

52-wk low

2.60

Five Point Holdings, LLC is experiencing strong stock performance with projected revenue growth of 7-8% annually, driven by solid land sales and strong builder demand in California. Residential land sales are particularly lucrative, offering higher revenue per acre.

Portfolio Pulse from

December 13, 2024 | 10:30 pm

Five Point Holdings reported a significant decline in both earnings per share (EPS) and sales for Q3. EPS decreased by 22.22% to $0.07, and sales dropped by 74.19% to $17.01 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:23 pm

Five Point Holdings (NYSE:FPH) reported Q2 earnings per share (EPS) of $0.21, a 38.24% decrease from $0.34 YoY. However, sales increased by 139.79% to $51.19 million from $21.35 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:41 pm

Five Point Holdings (FPH) reported a significant improvement in Q1 earnings, posting $0.03 EPS, a 142.86% increase from last year's $(0.07). Sales rose 74.27% to $9.94M from $5.70M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:26 pm

Earnings reports for April 18, 2024, include a wide range of companies across various sectors. Notable mentions include Nokia, Taiwan Semiconductor, and Netflix, with expectations of earnings per share at $0.06, $1.31, and $4.50 respectively. Other companies like Alaska Air Gr and Ally Financial are also set to report, indicating a diverse earnings day across technology, finance, and consumer sectors.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 12:10 pm

Five Point Holdings, LLC (NYSE:FPH) announced the appointment of Mike Alvarado as Chief Operating Officer, effective immediately. Alvarado, who has over 30 years of experience in real estate, will also continue his roles as Chief Legal Officer, Vice President, and Secretary. His extensive background includes nearly 20 years at Allen Matkins Leck Gamble Mallory & Natsis LLP and significant involvement in Five Point's operations and development strategies. CEO Dan Hedigan expressed confidence in Alvarado's ability to drive shareholder value through efficient execution of the business plan and oversight of entitlement efforts.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:17 pm

The article provides an overview of value stocks in the real estate sector, focusing on companies with low price-to-earnings (P/E) multiples, suggesting potential undervaluation. Five Point Holdings (FPH), Seven Hills Realty Trust (SEVN), Ready Capital (RC), Rithm Capital (RITM), and IRSA Inversiones y (IRS) are highlighted as notable value stocks. The article includes recent earnings per share (EPS) data and dividend yield changes for these companies, with FPH and IRS showing increased EPS, while SEVN, RC, and RITM reported decreases in EPS and dividend yields.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 2:39 pm

The article identifies five value stocks in the real estate sector based on low P/E ratios, suggesting they may be undervalued. Chicago Atlantic Real (REFI), Five Point Holdings (FPH), AFC Gamma (AFCG), Franklin BSP Realty Trust (FBRT), and Apartment Income REIT (AIRC) are highlighted for their P/E ratios and recent earnings performance. REFI, FPH, and AIRC showed EPS growth, while FBRT's EPS declined. AFCG maintained its EPS and increased its dividend yield, as did REFI and AIRC.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 2:39 pm

Shares of Five Point Holdings LLC (NYSE:FPH) surged after reporting strong Q4 FY23 results with revenues of $118.8 million, up from $17.0 million a year prior, primarily due to significant land sales. The company sold land for 583 homesites and closed two commercial land sales for a total of $276 million. Equity in earnings from unconsolidated entities was $24.0 million, and EPS increased to $0.39 from $0.15. The company has $353.8 million in cash and an additional $125.0 million in credit facility availability. CEO Dan Hedigan highlighted the team's focus on revenue generation and capital management despite economic challenges, and expressed optimism about the housing market due to supply shortages.

Portfolio Pulse from Lekha Gupta

January 19, 2024 | 12:39 pm

Five Point Holdings (NYSE:FPH) reported a significant increase in Q4 earnings per share (EPS) to $0.39, up from $0.15 year-over-year (YoY). Sales also saw a substantial rise to $118.76M, a 598.62% increase from $17.00M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.