Latest news with #FivePointHoldings
Yahoo
18-05-2025
- Business
- Yahoo
Should You Be Adding Five Point Holdings (NYSE:FPH) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Five Point Holdings (NYSE:FPH). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. We check all companies for important risks. See what we found for Five Point Holdings in our free report. Over the last three years, Five Point Holdings has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. To the delight of shareholders, Five Point Holdings' EPS soared from US$0.90 to US$1.28, over the last year. That's a commendable gain of 42%. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. The good news is that Five Point Holdings is growing revenues, and EBIT margins improved by 14.9 percentage points to 29%, over the last year. Both of which are great metrics to check off for potential growth. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. View our latest analysis for Five Point Holdings While profitability drives the upside, prudent investors always check the balance sheet, too. It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of incentives between the people running the business, and its true owners. Shareholders will be pleased by the fact that insiders own Five Point Holdings shares worth a considerable sum. As a matter of fact, their holding is valued at US$21m. That shows significant buy-in, and may indicate conviction in the business strategy. While their ownership only accounts for 2.5%, this is still a considerable amount at stake to encourage the business to maintain a strategy that will deliver value to shareholders. For growth investors, Five Point Holdings' raw rate of earnings growth is a beacon in the night. This EPS growth rate is something the company should be proud of, and so it's no surprise that insiders are holding on to a considerable chunk of shares. Fast growth and confident insiders should be enough to warrant further research, so it would seem that it's a good stock to follow. One of Buffett's considerations when discussing businesses is if they are capital light or capital intensive. Generally, a company with a high return on equity is capital light, and can thus fund growth more easily. So you might want to check this graph comparing Five Point Holdings' ROE with industry peers (and the market at large). While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Five Point Holdings, LLC's (FPH) Strong Year-End Sales Enhance Financial Stability for Future Developments
Third Avenue Management, an investment management company based in New York City, released its 'Third Avenue Small-Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned -4.54% compared to -5.87% % for the MSCI USA Small-Cap Value Index (the 'Index') and -7.74% return for the Russell 2000 Value Index. The Fund has returned +15.46%, annualized, for the trailing five-year period. For more information on the fund's top picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Third Avenue Small-Cap Value Fund highlighted stocks such as Five Point Holdings, LLC (NYSE:FPH). Five Point Holdings, LLC (NYSE:FPH) owns and develops mixed-use and planned communities. The one-month return of Five Point Holdings, LLC (NYSE:FPH) was 13.05%, and its shares gained 75.49% of their value over the last 52 weeks. On May 8, 2025, Five Point Holdings, LLC (NYSE:FPH) stock closed at $5.21 per share with a market capitalization of $781.996 million. Third Avenue Small-Cap Value Fund stated the following regarding Five Point Holdings, LLC (NYSE:FPH) in its Q1 2025 investor letter: "Homebuilder Five Point Holdings, LLC (NYSE:FPH) ('FivePoint'), appliance manufacturer Hamilton Beach Brands, agricultural conglomerate Seaboard and entertainment company Atlanta Braves Holdings, among others, also made important contributions to performance. In the case of FivePoint, the company's year-end 2024 report was released in January, highlighting a high volume of sales of home sites at its two primary development communities, Valencia and Great Park. The volume of transaction activity and the transaction prices further highlighted the value of FivePoint's land holdings in highly desirable communities in severely land-constrained areas. The sizeable transaction proceeds further fortified the company's balance sheet and liquidity for further development activity." A birdseye view of a vibrant neighborhood, showcasing the diversity of residents living in a mixed-use community. Five Point Holdings, LLC (NYSE:FPH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held Five Point Holdings, LLC (NYSE:FPH) at the end of the fourth quarter which was 14 in the previous quarter. In the first quarter, Five Point Holdings, LLC (NYSE: FPH) achieved a net income of $60.6 million, exceeding all expectations. While we acknowledge the potential of Five Point Holdings, LLC (NYSE:FPH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Five Point Holdings, LLC (NYSE:FPH) and shared O'keefe Stevens Advisory's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
03-05-2025
- Business
- Yahoo
Here are O'Keefe Stevens Advisory's Updates on Five Point Holdings, LLC (FPH)
O'keefe Stevens Advisory, an investment advisory firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In a volatile first quarter, equity price movements exceeded downside underwriting assumptions. The firm is cautious in assessing downside risk, as disappointing earnings often lack immediate price support. The market seems to believe no valuation is too low when earnings miss expectations, whether the issues are temporary or structural. In addition, please check the top 5 holdings of the strategy to know its best pick in 2025. In its first-quarter 2025 investor letter, O'keefe Stevens Advisory highlighted stocks such as Five Point Holdings, LLC (NYSE:FPH). Five Point Holdings, LLC (NYSE:FPH) owns and develops mixed-use and planned communities. The one-month return of Five Point Holdings, LLC (NYSEE:FPH) was 5.89%, and its shares gained 74.25% of their value over the last 52 weeks. On May 1, 2025, Five Point Holdings, LLC (NYSEE:FPH) stock closed at $5.21 per share with a market capitalization of $758.696 million. O'keefe Stevens Advisory stated the following regarding Five Point Holdings, LLC (NYSE:FPH) in its Q1 2025 investor letter: "Our Q4 2023 letter stated that Five Point Holdings, LLC (NYSE:FPH) was a top pick for 2024. While it performed well, gaining 23% on the year, how a month makes such a difference. In January, Five Point reported robust Q4 results and guided 2025 to be equally as strong, guiding to $200m of Net Income, putting them in a net cash position. On this news, the stock rose 50% on the day following. Only a few years ago, we were increasingly worried about their upcoming debt maturity. Now, having the discussion 180 and moving to how they will deploy excess free cash flow in the coming years is a turnaround timeline we couldn't have fathomed." A birdseye view of a vibrant neighborhood, showcasing the diversity of residents living in a mixed-use community. Five Point Holdings, LLC (NYSEE:FPH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held Five Point Holdings, LLC (NYSEE:FPH) at the end of the fourth quarter which was 14 in the previous quarter. In the first quarter, Five Point Holdings, LLC (NYSE: FPH) achieved a net income of $60.6 million, exceeding all expectations. While we acknowledge the potential of Five Point Holdings, LLC (NYSEE:FPH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Five Point Holdings, LLC (NYSE:FPH) and shared O'keefe Stevens Advisory's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business Journals
25-04-2025
- Business
- Business Journals
FivePoint says next wave of infrastructure work at Candlestick Point could begin in 2026
The timeline comes after the Irvine-based developer said it would seek to proceed with Candlestick as a standalone development. FivePoint Holdings plans to begin building out infrastructure to support the next wave of development at Candlestick Point in 2026, the company (NYSE: FPH) said during a first quarter earnings call Thursday. CEO Dan Hedigan told analysts FivePoint is working on engineering for the infrastructure 'with the expectation of starting construction early next year.' The infrastructure work, which includes the extension of Harney Way and Arelious Walker Drive, would allow for approximately 700 housing units as well as future commercial development, FivePoint Senior Vice President Suheil Totah said Friday in a statement provided to the Business Times. FivePoint is working to secure permits to begin the infrastructure work, Totah added. The updated timeline for infrastructure buildout is among the most concrete FivePoint has put to Candlestick in recent years. It comes approximately six months after the developer secured city approvals to amend the development agreement that governs the future of both Candlestick and the nearby Hunters Point Shipyard. Those amendments implemented a host of changes meant to help advance work at Candlestick. That included granting FivePoint permission to transfer 2 million square feet of commercial uses from the nearly 500-acre Hunters Point, which was approved in 2010 for 3,500 homes and 5.4 million square feet of commercial use, to the 280-acre Candlestick, which simultaneously received approvals for 7,200 homes and just more than 1 million square feet of commercial use. Those approvals, operating under the assumption that the Shipyard and Candlestick would be developed in tandem with one another, intertwined the economics of the two sites, positioning the commercial footprint at the Shipyard as a way to balance out more residential units and affordable homes at Candlestick. But failed remediation efforts at Hunters Point, once home to a lab used by the U.S. Navy to study radiation and nuclear weapons, have held up its redevelopment, even as Candlestick remained shovel-ready. The Navy retains possession of approximately 408 acres at Hunters Point, FivePoint said in public filings, and has repeatedly pushed back its timeline for that property, most recently to 2038. FivePoint said the amendments to the development agreement approved last fall would make it possible to proceed with Candlestick as a standalone project. The developer has yet to secure either a capital partner or a tenant commitment for the project, two things it has said would be catalysts for vertical development at Candlestick. But the buildout of new infrastructure there would open the door for the first new development at Candlestick since the 337-unit, 100% affordable Alice Griffith community was delivered there in 2018, and could help attract new interest. Hedigan told analysts Thursday FivePoint is continuing to explore opportunities to bring on a partner at Candlestick. The CEO said last year any future venture could look something like the one FivePoint established with various capital partners at its Great Park mixed-use project in Irvine, which also spans thousand of units and millions of square feet worth of commercial development. There, FivePoint works closely with its partners and maintains an equity interest in the project. Nearly every large-scale redevelopment effort in San Francisco is on pause amid current, unfavorable economic conditions. But Candlestick specifically caught the eye of San Francisco Mayor Daniel Lurie, who toured the site early this year in the weeks after he took office. Lurie, speaking to the crowd at the Business Times' 2025 Mayors' Economic Forecast event in February, said he wanted to know how the city could enable FivePoint to move faster at Candlestick. 'The bureaucracy wants to slow us down,' Lurie said then. 'We are going to be rock solid in our push to make things go faster.' Shares of FivePoint stock were trading at $5.68 per share at market close Friday and are up more than 50% since the beginning of the year.
Yahoo
11-02-2025
- Business
- Yahoo
What Makes Five Point Holdings (FPH) an Attractive Stock?
O'keefe Stevens Advisory, an investment advisory firm, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. 2024 was an eventful year for the fund, and its largest position, Nvidia (NVDA), grew over 170% as business remained robust. The 2024 results were satisfactory, with Nvidia and Fannie Mae (FNMA & FNMAS) showing positive performance, while Warner Brothers Discovery (WBD), Graftech (EAF), and GreenFirst Forest Products (ICLTF) significantly underperformed. In addition, please check the top 5 holdings of the strategy to know its best pick in 2024. In its fourth quarter 2024 investor letter, O'keefe Stevens Advisory emphasized stocks such as Five Point Holdings, LLC (NYSE:FPH). Five Point Holdings, LLC (NYSE:FPH) owns and develops mixed-use and planned communities. The one-month return of Five Point Holdings, LLC (NYSEE:FPH) was 59.73%, and its shares gained 85.85% of their value over the last 52 weeks. On February 10, 2025, Five Point Holdings, LLC (NYSEE:FPH) stock closed at $5.91 per share with a market capitalization of $878.386 million. O'keefe Stevens Advisory stated the following regarding Five Point Holdings, LLC (NYSE:FPH) in its Q4 2024 investor letter: "In our previous letter, we mentioned Luxor's exit from Five Point Holdings, LLC (NYSE:FPH), as Robert Robotti acquired a substantial portion of their stake, reducing selling pressure. From September 23rd to October 3rd, Five Points stock price increased ~31%. Several days later, longtime shareholder Castlelake announced the sale of their stake to the Glick Family Office, led by CIO Sam Levinson, who was added to the board and has a background in real estate. The stock subsequently retreated, finishing the year up 23%, outperforming the Russell 2000 and on par with the performance of the S&P 500. It was a volatile end to the year amid a relatively stable asset. Business performance was strong throughout the first three quarters, as land sales and land prices continued to trend positively. In Q2 2024, Five Point sold 12 acres of Great Park land for an average price of $7.8m/acre, up from $4.3m in the same period the previous year. Management further stated that land prices have moved higher, with prices per acre in the $9m range. We believe the stock remains attractive and expect 2025 to be another good year." A birdseye view of a vibrant neighborhood, showcasing the diversity of residents living in a mixed-use community. Five Point Holdings, LLC (NYSEE:FPH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held Five Point Holdings, LLC (NYSEE:FPH) at the end of the third quarter which was 10 in the previous quarter. In the fourth quarter, Five Point Holdings, LLC (NYSE: FPH) reported a net income of $121 million and a total net income of $177.6 million for the entire year. While we acknowledge the potential of Five Point Holdings, LLC (NYSEE:FPH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article we discussed Five Point Holdings, LLC (NYSE:FPH) and shared Third Avenue Small-Cap Value Fund's views on the company. In Q4 2023 investor letter, O'keefe Stevens Advisory highlighted Five Point Holdings, LLC (NYSE:FPH) as their top pick for 2024. In addition, please check out our hedge fund investor letters Q3 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
