FRP (FRPH) Set to Announce Earnings on Wednesday

FRP (NASDAQ:FRPH) will be releasing its earnings data before the market opens on Wednesday, November 6th.

FRP (NASDAQ:FRPH) last announced its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.11 EPS for the quarter. FRP had a return on equity of 1.67% and a net margin of 18.12%. The company had revenue of $10.48 million for the quarter.

FRP Stock Performance

NASDAQ:FRPH opened at $29.00 on Friday. The company has a market cap of $551.87 million, a price-to-earnings ratio of 72.50 and a beta of 0.47. FRP has a twelve month low of $26.75 and a twelve month high of $32.50. The stock has a fifty day simple moving average of $29.53 and a 200-day simple moving average of $29.53.

Insider Activity

In other FRP news, President David H. Devilliers, Jr. sold 4,134 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $30.00, for a total transaction of $124,020.00. Following the transaction, the president now directly owns 62,755 shares in the company, valued at $1,882,650. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, COO David H. Devilliers III sold 1,725 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $29.62, for a total value of $51,094.50. Following the completion of the sale, the chief operating officer now owns 48,329 shares of the company’s stock, valued at approximately $1,431,504.98. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President David H. Devilliers, Jr. sold 4,134 shares of FRP stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $30.00, for a total transaction of $124,020.00. Following the transaction, the president now directly owns 62,755 shares in the company, valued at approximately $1,882,650. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,589 shares of company stock valued at $342,079. Corporate insiders own 22.80% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of FRP from a “buy” rating to a “hold” rating in a report on Tuesday.

FRP Company Profile

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.