Five Point (NYSE:FPH) Announces Earnings Results

Five Point (NYSE:FPH) announced its quarterly earnings results on Thursday. The company reported $0.65 earnings per share (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 Stock Up 41.7 %

NYSE FPH opened at $5.76 on Friday. Five Point has a twelve month low of $2.83 and a twelve month high of $5.76. The stock has a market cap of $853.41 million, a P/E ratio of 8.22 and a beta of 1.46. The company’s 50-day simple moving average is $3.87 and its 200 day simple moving average is $3.62.

Five Point Company Profile

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.