Five Point (NYSE:FPH) Announces Earnings Results

Five Point (NYSE:FPH) issued its earnings results on Thursday. The company reported $0.65 earnings per share for the quarter, Zacks reports. Five Point had a return on equity of 2.57% and a net margin of 26.19%.

Five Point Stock Down 0.1 %

Shares of NYSE FPH traded down $0.01 during midday trading on Thursday, reaching $4.06. 171,812 shares of the company’s stock traded hands, compared to its average volume of 221,098. The company has a market cap of $601.32 million, a price-to-earnings ratio of 5.79 and a beta of 1.46. The stock’s 50 day simple moving average is $3.82 and its 200-day simple moving average is $3.60. Five Point has a one year low of $2.83 and a one year high of $4.39.

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.