StockNews.com upgraded shares of FRP (NASDAQ:FRPH – Free Report) from a hold rating to a buy rating in a research report released on Monday morning.
FRP Price Performance
Shares of FRPH stock opened at $29.33 on Monday. The company has a market cap of $557.27 million, a P/E ratio of 106.65 and a beta of 0.57. FRP has a one year low of $26.23 and a one year high of $32.50. The firm has a 50-day moving average of $30.11 and a 200-day moving average of $29.44.
FRP (NASDAQ:FRPH – Get Free Report) last announced its earnings results on Wednesday, March 6th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $10.11 million during the quarter. FRP had a return on equity of 1.19% and a net margin of 12.77%.
Institutional Inflows and Outflows
About FRP
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.
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