Five Point (FPH) Set to Announce Quarterly Earnings on Thursday

Five Point (NYSE:FPH) is set to release its earnings data after the market closes on Thursday, October 17th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Five Point (NYSE:FPH) last announced its earnings results on Thursday, July 18th. The company reported $0.21 EPS for the quarter. Five Point had a return on equity of 2.70% and a net margin of 21.73%. The company had revenue of $51.19 million for the quarter.

Five Point Stock Performance

NYSE:FPH opened at $4.02 on Wednesday. The stock has a 50-day simple moving average of $3.43 and a two-hundred day simple moving average of $3.21. The firm has a market capitalization of $595.38 million, a PE ratio of 4.72 and a beta of 1.46. Five Point has a 52-week low of $2.13 and a 52-week high of $4.39.

Insider Activity at Five Point

In other news, major shareholder Luxor Capital Group, Lp sold 47,011 shares of the stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $3.42, for a total value of $160,777.62. Following the completion of the sale, the insider now directly owns 54,543 shares of the company’s stock, valued at $186,537.06. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last ninety days, insiders sold 9,214,153 shares of company stock worth $28,871,935. 4.36% of the stock is owned by company insiders.

About Five Point

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, research and development, medical campus, and other properties; and provides development and property management services.