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Five Point Holdings LLC - FPH STOCK NEWS

Welcome to our dedicated news page for Five Point Holdings (Ticker: FPH), a resource for investors and traders seeking the latest updates and insights on Five Point Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Five Point Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Five Point Holdings's position in the market.

Rhea-AI Summary
Five Point Holdings, reported its first quarter 2024 results, highlighting the sale of homesites, builder sales, revenues of $9.9 million, and net income of $6.1 million. The company exchanged senior notes and received upgrades from S&P. Cash and equivalents stood at $232.7 million with a debt to total capitalization ratio of 20.9% and liquidity of $357.7 million.
Rhea-AI Impact
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End-of-Day
-0.32%
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Rhea-AI Summary
Five Point Holdings, (NYSE:FPH) will discuss its first quarter 2024 financial results in a conference call on April 18, 2024. The call will be accessible via webcast and phone, with a replay available until April 27, 2024.
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1.6%
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Rhea-AI Summary
Five Point Holdings, LLC appoints Mike Alvarado as Chief Operating Officer, leveraging his 30 years of real estate experience. His role will focus on efficient execution of the business plan and overseeing entitlement efforts across all communities.
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-0.94%
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management
Rhea-AI Summary
Five Point Holdings, LLC reported strong financial results for the fourth quarter and year-end 2023, with consolidated net income of $58.7 million for the quarter and $113.7 million for the year. The company also achieved total cash and cash equivalents of $353.8 million as of year-end, and a total liquidity of $478.8 million. Additionally, they successfully settled their senior note exchange with a participation rate over 99%. However, the company's debt to total capitalization ratio stands at 24.0%, and they exchanged $623.5 million of existing 7.875% Senior Notes for $100.0 million in cash and $523.5 million in new 10.5% initial rate Senior Notes due January 2028.
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End-of-Day
3.37%
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Rhea-AI Summary
Five Point Holdings, LLC (NYSE:FPH) will hold a conference call to discuss its fourth quarter and year-end 2023 financial results. The call will take place on Thursday, January 18, 2024, at 5:00 p.m. Eastern Time. A live Internet audio webcast of the conference call will be available on the Five Point website. The call can also be accessed via phone by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international). A telephonic replay will be available starting approximately three hours after the end of the call.
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Rhea-AI Summary
Five Point Holdings, LLC (NYSE: FPH) announced the early participation results of the exchange offer and consent solicitation. Existing Notes worth $623,389,000, representing approximately 99.74% of the total principal amount, had been validly tendered for exchange and not validly withdrawn. The exchange offer and consent solicitation will expire on January 10, 2024.
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Rhea-AI Summary
Five Point Holdings, LLC (NYSE: FPH) has announced an Exchange Offer and Solicitation of Consents for their 7.875% Senior Notes due 2025 to be exchanged for 10.500% Initial Rate Senior Notes due 2028. The company aims to adopt Proposed Amendments to the indenture, eliminating restrictive covenants and events of default.
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9.92%
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Rhea-AI Summary
Five Point Holdings reports Q3 2023 results with revenue of $65.9 million and net income of $14.2 million
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0.39%
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Rhea-AI Summary
Five Point Holdings, LLC will hold a conference call to discuss its Q3 2023 financial results on October 19, 2023.
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Five Point Holdings appoints Kim Tobler as CFO, Treasurer, and VP. Tobler has 35 years of experience in tax, financial reporting, and corporate finance. He will focus on managing debt structure and cash flows to drive shareholder value and future growth.
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Five Point Holdings LLC

NYSE:FPH

FPH Rankings

FPH Stock Data

470.16M
47.21M
7.4%
64.99%
0.19%
Commercial and Institutional Building Construction
Construction
Link
United States
Irvine

About FPH

fivepoint is the largest owner and developer of mixed-use, master-planned communities in coastal california, based on the total number of residential homesites permitted to be built under existing entitled zoning. our three existing communities have the general plan and zoning approvals necessary for the construction of thousands of homesites and millions of square feet of commercial space, and represent a significant portion of the real estate available for development in three of the most dynamic and supply constrained markets along the california coast—los angeles county, san francisco county and orange county. our three communities reflect 20 years of strategic positioning stemming from the assets acquired during the tenure of emile haddad, our chairman and chief executive officer, when he served as chief investment officer of lennar, one of the nation’s largest homebuilders. we are developing new, vibrant and sustainable communities that, in addition to homesites, include commerci