Headlines about FRP Holdings (NASDAQ:FRPH) have trended somewhat negative this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. FRP Holdings earned a coverage optimism score of -0.12 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
FRP Holdings (FRPH) traded down 1.06% during trading on Friday, reaching $46.50. 19,023 shares of the company were exchanged. The firm’s 50-day moving average is $46.10 and its 200 day moving average is $41.86. The company has a market capitalization of $462.26 million, a P/E ratio of 72.66 and a beta of 0.56. FRP Holdings has a one year low of $28.90 and a one year high of $49.35.
FRP Holdings (NASDAQ:FRPH) last announced its earnings results on Tuesday, May 2nd. The financial services provider reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $9.32 million during the quarter. FRP Holdings had a net margin of 15.47% and a return on equity of 2.97%. On average, analysts anticipate that FRP Holdings will post $0.77 EPS for the current fiscal year.
Separately, BidaskClub cut shares of FRP Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.
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In other FRP Holdings news, VP John D. Milton, Jr. sold 4,000 shares of FRP Holdings stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $43.34, for a total transaction of $173,360.00. Following the transaction, the vice president now directly owns 4,000 shares of the company’s stock, valued at $173,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John D. Klopfenstein sold 1,490 shares of FRP Holdings stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $44.15, for a total transaction of $65,783.50. The disclosure for this sale can be found here. Insiders sold 8,684 shares of company stock worth $386,674 over the last ninety days. 23.34% of the stock is currently owned by insiders.
FRP Holdings Company Profile
FRP Holdings, Inc is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc, FRP Development Corp. and Florida Rock Properties, Inc The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment).
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