Five Point (NYSE:FPH) posted its earnings results on Thursday. The company reported ($0.37) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.31), MarketWatch Earnings reports. The company had revenue of $9.22 million during the quarter. Five Point had a negative return on equity of 2.12% and a negative net margin of 21.92%.
Shares of NYSE FPH opened at $5.09 on Friday. The company has a 50 day simple moving average of $4.98 and a 200 day simple moving average of $6.59. Five Point has a 1 year low of $3.62 and a 1 year high of $9.31.
In other Five Point news, major shareholder Luxor Capital Group, Lp acquired 111,984 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was acquired at an average price of $4.56 per share, for a total transaction of $510,647.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders purchased 4,119,687 shares of company stock valued at $19,017,909. 4.58% of the stock is owned by company insiders.
Five Point Company Profile
Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, plans, develops, and owns mixed-use communities in California, the United States. The company operates through four segments: Newhall, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates properties; and provides development management services.
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