Five Point (NYSE:FPH) Issues Quarterly Earnings Results

Five Point (NYSE:FPH) released its quarterly 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 Up 41.7 %

NYSE:FPH opened at $5.76 on Friday. The stock has a market capitalization of $853.41 million, a P/E ratio of 8.22 and a beta of 1.46. Five Point has a 1 year low of $2.83 and a 1 year high of $5.76. The firm has a 50 day moving average of $3.87 and a 200-day moving average of $3.62.

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.