Frp Hldgs Inc Stock Price, News & Analysis

FRP Holdings, Inc. (NASDAQ: FRPH) plans to release its fourth-quarter and year-end earnings results on March 2, 2022. A conference call will follow on March 3, 2022, at 2:00 p.m. EST, accessible via phone and live streaming for analysts and investors. The company is involved in the leasing and management of commercial properties, mining royalty land, and various real estate development activities. Investors are reminded that future statements are subject to risks, including the impact of the Covid-19 pandemic and market conditions.

FRP Holdings, Inc. (NASDAQ: FRPH) reported its third-quarter results with a net income of $352,000, a notable decline from $5.46 million year-over-year. Residential occupancy remained strong, with Dock 79 and The Maren both achieving over 94% occupancy for the fourth consecutive quarter. However, interest income dropped by $871,000, and a significant decrease in gains from real estate sales contributed to the decline in overall profitability. The company is optimistic about upcoming projects, including industrial developments and a growing land bank.

FRP Holdings, Inc. (NASDAQ: FRPH) plans to release its third-quarter earnings results on November 3, 2021. A conference call for analysts and stakeholders is scheduled for November 4, 2021, at 12:30 p.m. EDT, accessible via phone or online streaming. The company operates in real estate, active in leasing and managing commercial properties and mining royalty lands, among other activities. Investors are warned of risks that may affect future results, including the impact of the Covid-19 pandemic and real estate market conditions.

FRP Holdings, Inc. (NASDAQ: FRPH) has announced its Investor Day scheduled for September 15, 2021, in Washington D.C., commencing at 9:00 A.M. EDT. The event will feature presentations by its executive management team, followed by a Q&A session. A live webcast and presentation materials will be accessible to interested parties on their website. Investors are reminded that forward-looking statements made during the event are subject to various risks and uncertainties, including those related to the COVID-19 pandemic and market conditions.

FRP Holdings, Inc. (NASDAQ: FRPH) will host an Investor Day on September 15, 2021, in Washington D.C., starting at 9:00 A.M. EDT. The event will include presentations from the executive management team, followed by a Q&A session. Interested parties can access a live webcast and presentation materials at their investor relations page. The company engages in commercial property leasing and management, real property development, and mining royalty management, among other activities. Investors are advised that forward-looking statements in the release are subject to various risks.

FRP Holdings, Inc. reported its highest mining royalty revenue in any second quarter, totaling $2,634,000. Consolidated net income for Q2 2021 was $82,000, down from $4,149,000 in Q2 2020. Revenue for the first half was $28,455,000, significantly up from $5,767,000 in the previous year. The Maren development is now consolidated, achieving 94.7% leasing, while Dock 79 maintained an occupancy above 94% for three consecutive quarters. The company faces challenges due to increased amortization expenses and tax provisions but remains optimistic for future growth.

FRP Holdings, Inc. (NASDAQ: FRPH) will release its second-quarter earnings results on August 2, 2021, and host a conference call on August 3, 2021, at 11:00 a.m. EDT. Interested parties can access the call by phone or via live streaming online. The company is involved in real estate operations including leasing and management of various properties, and property development. Investors are advised that forward-looking statements involve risks, particularly related to the Covid-19 pandemic, construction activity, demand for properties, and market conditions affecting financial performance.

FRP Holdings reported robust first-quarter results for 2021, showing a net income of $28.37 million ($3.03 per share), up from $1.62 million in Q1 2020. A significant contributor was a $51.1 million gain from investment remeasurement in The Maren joint venture, achieving stabilization with 90% occupancy. The company consolidated its joint venture assets starting March 31, 2021. Although overall Net Operating Income decreased 15.34%, revenues increased in its Mining Royalty Lands and Asset Management segments. The firm remains optimistic about future growth, particularly in industrial development.

FRP Holdings, Inc. (NASDAQ: FRPH) will release its first-quarter earnings results on May 3, 2021, followed by a conference call on May 4 at 10:00 a.m. EDT. Investors can join the call via phone or online streaming. The company operates in real estate, focusing on leasing and management of commercial and residential properties, as well as mining royalty land. Investors should be aware that future statements are subject to risks including market conditions, competition, and the effects of the COVID-19 pandemic.