Five Point (NYSE:FPH) Announces Earnings Results

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

Five Point Trading Down 0.1 %

FPH traded down $0.01 during trading hours on Thursday, hitting $4.06. The company’s stock had a trading volume of 198,716 shares, compared to its average volume of 221,753. The company has a 50-day simple moving average of $3.82 and a 200 day simple moving average of $3.60. The firm has a market capitalization of $601.32 million, a PE ratio of 5.79 and a beta of 1.46. Five Point has a fifty-two week low of $2.83 and a fifty-two week 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.