FRP Holdings, Inc.
Description
FRP Holdings, Inc. engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia. The Development segment owns and monitors the use of parcels of land that are in various stages of development; and acquires, constructs, and develops primarily for apartment, retail, warehouse, and office buildings. The Multifamily segment owns, leases, and manages buildings through joint ventures. The company was incorporated in 2014 and is based in Jacksonville, Florida.
About
CEO
Mr. John D. Baker III
Employees
15
Instrument type
Common Stock
Sector
Real Estate
Industry
Real Estate Services
MIC code
XNGS
Address
200 West Forsyth Street, Jacksonville, FL 32202, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Aug 5, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Mar 4, 2025 | — | — | — | — |
| May 10, 2023 | — | 0.06 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr.
—
Current year
—
Next year
—
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 41.51M | 37.48M | 31.22M | 23.58M | 23.76M |
| Cost of revenue | 3.65M | 4.13M | 3.75M | 2.83M | 2.94M |
| Gross profit | 37.86M | 33.36M | 27.47M | 20.76M | 20.82M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | — | 7.08M | 6.24M | 6.46M | 5.07M |
| Other operating expenses | 15.34M | 14.14M | 12.46M | 9.80M | 9.20M |
| Operating income | 11.70M | 8.00M | 2.27M | 5.13M | 5.76M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 4.32M | 3.05M | 2.30M | 1.10M | 1.05M |
| Other income expense | -987,000 | 626,000 | 50.41M | 10.90M | 7.08M |
| Pretax income | 6.40M | 5.58M | 50.38M | 14.93M | 11.78M |
| Tax provision | 1.52M | 1.53M | 10.28M | 3.21M | 2.96M |
| Net income | 4.88M | 4.05M | 40.09M | 11.72M | 15.68M |
| Basic EPS | 0.28 | 0.25 | 1.51 | 0.61 | 0.82 |
| Diluted EPS | 0.28 | 0.24 | 1.50 | 0.61 | 0.82 |
| Basic average shares | 18.84M | 18.77M | 18.71M | 19.16M | 19.77M |
| Diluted average shares | 18.84M | 18.77M | 18.71M | 19.16M | 19.77M |
| EBITDA | 10.74M | 13.74M | 9.47M | 5.49M | 9.96M |
| Net income from continuing op. | 4.88M | 4.05M | 40.09M | 11.72M | 15.68M |
| Minority interests | 420,000 | 518,000 | -11.88M | 993,000 | 499,000 |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 709.17M | 701.08M | 678.19M | 536.36M | 538.15M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 157.56M | 177.50M | 161.52M | 73.91M | 26.61M |
| Other short term investments | — | — | 4.32M | 75.61M | 137.87M |
| Accounts receivable | 1.05M | 1.17M | 793,000 | 923,000 | 546,000 |
| Other receivables | 1.64M | 856,000 | 620,000 | 531,000 | 554,000 |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | 860,000 | 797,000 | 752,000 | 196,000 | 186,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | — | — | — | — | — |
| Goodwill | — | — | — | — | — |
| Investment properties | 377.98M | 377.34M | 360.39M | 212.29M | 210.57M |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 166.07M | 140.53M | 145.44M | 167.07M | 160.45M |
| Other non current assets | 3.68M | 2.90M | 3.25M | 1.21M | 1.92M |
| Total liabilities | 261.19M | 256.87M | 252.94M | 153.71M | 146.50M |
| Current liabilities | |||||
| Accounts payable | 8.33M | 5.97M | 6.14M | 3.64M | 2.43M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | — | — | — |
| Deferred revenue | 1.80M | 1.13M | 1.16M | 874,000 | 1.12M |
| Tax payable | — | 18,000 | — | — | 504,000 |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 178.71M | 178.56M | 178.41M | 89.96M | 88.93M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 69.46M | 67.96M | 64.05M | 56.11M | 50.11M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 1.49M | 1.89M | 1.89M | 1.89M | 1.98M |
| Shareholders equity | |||||
| Common stock | 948,000 | 946,000 | 941,000 | 936,000 | 982,000 |
| Retained earnings | 345.88M | 342.32M | 337.75M | 309.76M | 315.28M |
| Other shareholders equity | 35,000 | -1.28M | 113,000 | 675,000 | 923,000 |
| Total shareholders equity | 447.98M | 444.21M | 425.25M | 382.65M | 391.65M |
| Additional paid in capital | 67.66M | 65.16M | 57.62M | 56.28M | 57.71M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 33.46M | 37.07M | 28.83M | 15.00M | 16.76M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 4.88M | 4.05M | 40.09M | 11.72M | 15.68M | 123.09M | 60.55M | 12.02M | 8.27M | 10.02M | 15.39M | 7.81M | 12.21M | 7.06M | 3.75M | 8.92M | 9.51M | 8.08M | 7.61M | 20.74M | 4.58M | 5.66M | 2.70M | 2.04M | 6.16M | 4.48M | 4.30M | 4.20M | 4.60M | 3.80M | 2.70M | 2.80M | 2.60M | 2.20M | 2.10M |
| Depreciation | 10.98M | 11.46M | 12.95M | 6.05M | 6.16M | 8.21M | 5.98M | 8.29M | 7.53M | 6.85M | 6.25M | 12.99M | 12.21M | 11.51M | 13.43M | 11.41M | 14.16M | 13.51M | 12.48M | 12.23M | 11.96M | -11.09M | -11.47M | 11.14M | 10.07M | 9.15M | 8.36M | 7.67M | -7.30M | -6.90M | -6.20M | -5.50M | -4.90M | -4.90M | -3.00M |
| Deferred Taxes | 1.50M | 1.81M | 7.94M | 6.00M | 22.13M | 2.00M | 9.53M | 1.90M | 1.57M | -340,000 | 3.27M | 1.54M | 491,000 | 683,000 | 235,000 | 4.81M | 721,000 | 96,000 | -2.42M | 4.92M | 925,000 | 889,000 | 332,000 | — | 1.09M | 620,000 | 1.18M | 1.62M | 1.70M | 400,000 | -100,000 | 300,000 | 600,000 | 600,000 | 500,000 |
| Stock-Based Compensation | 1.74M | 1.57M | 1.11M | 1.37M | 232,000 | 1.66M | 713,000 | 578,000 | 803,000 | 1.14M | 883,000 | 701,000 | 704,000 | 804,000 | 868,000 | 1.08M | 1.13M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | — | — | — | — | -6.86M | -122.13M | -11.00M | 578,000 | -2.18M | -4.84M | -6.77M | -97,000 | -5.22M | 804,000 | 868,000 | 1.08M | 1.13M | -204,000 | -4.38M | 138,000 | 389,000 | 22.17M | 20.10M | -3.13M | 2.59M | -789,000 | -109,000 | 107,000 | 14.70M | 13.70M | 12.60M | 11.10M | 9.80M | 9.60M | 6.10M |
| Accounts Receivable | 120,000 | -373,000 | 837,000 | -377,000 | 18,000 | 51,000 | -247,000 | -209,000 | 349,000 | 1.27M | 533,000 | -317,000 | -762,000 | -654,000 | 4.55M | -1.09M | 778,000 | -30,000 | -2.61M | -1.79M | 20,000 | 2.13M | 1.29M | — | -1.95M | — | -250,000 | 268,000 | -1.20M | -700,000 | -700,000 | -400,000 | 600,000 | 100,000 | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 168,000 | 2.45M | 4.68M | -994,000 | -1.17M | 2.69M | -2.92M | 1.22M | 2.70M | 500,000 | 700,000 | 1.20M | -1.00M | 300,000 | 700,000 | 100,000 | -700,000 | 400,000 | — |
| Other Assets & Liabilities | -1.19M | -721,000 | 3.69M | -4.22M | 11.42M | -9.07M | -3.07M | -1.25M | -2.37M | -1.58M | -870,000 | -884,000 | 776,000 | -1.44M | 2.09M | -3.21M | -1.58M | -1.75M | -4.38M | 5.80M | -261,000 | 707,000 | -1.38M | 506,000 | -2.61M | -492,000 | 33,000 | -1,000 | -100,000 | — | -400,000 | -200,000 | -200,000 | 600,000 | 400,000 |
| Operating Cash Flow | 18.02M | 17.80M | 66.62M | 20.55M | 48.78M | 3.81M | 62.45M | 21.90M | 13.98M | 12.53M | 18.68M | 21.74M | 20.41M | 18.76M | 25.79M | 23.01M | 26.02M | 22.15M | 10.98M | 41.04M | 16.43M | 23.15M | 8.66M | 11.79M | 18.04M | 13.47M | 14.21M | 15.06M | 11.40M | 10.60M | 8.60M | 8.20M | 7.80M | 8.60M | 6.10M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | 447,000 | -16.59M | -14.11M | -6.45M | -9.63M | -15.61M | -21.50M | -6.74M | -9.81M | -12.94M | -34.55M | -17.35M | -38.91M | -28.57M | -21.97M | -20.41M | -17.04M | -13.14M | — | -20.79M | — | -13.47M | -14.10M | -14.80M | -6.30M | -7.00M | -6.90M | -4.00M | -9.40M | -8.70M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -37.48M | -808,000 | 12.55M | -12.32M | -73.53M | -71.01M | 1.60M | -929,000 | -625,000 | -5.27M | -116,000 | -125,000 | -114,000 | -495,000 | -475,000 | -525,000 | -3.52M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | -24.58M | -86.26M | -446.97M | — | -929,000 | -625,000 | — | -116,000 | -11.16M | -11.24M | -554,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | 4.32M | 69.87M | 85.74M | 116.43M | 279.55M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -37.53M | 4.42M | 83.13M | 68.07M | -34.92M | -237.40M | -15.14M | -2.52M | -7.60M | -13.39M | -17.41M | -32.79M | -12.48M | -9.68M | -13.42M | -28.23M | -19.20M | -37.23M | -10.64M | -6.13M | -20.11M | -16.97M | -13.88M | -17.45M | -16.75M | 1.09M | -16.51M | -13.22M | -15.40M | -7.00M | -7.50M | -7.10M | -4.20M | -12.50M | -8.40M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | 92.07M | — | — | — | 90.50M | 29.58M | 19.40M | 31.30M | 7.30M | — | — | — | — | — | 35.18M | 14.76M | 7.00M | 11.21M | 12.10M | 10.20M | 8.34M | 5.00M | 5.00M | 3.20M | 4.90M | 3.00M | 10.80M | 13.00M | 1.00M | 1.00M | 2.00M | 10.00M | 3.50M |
| Long-Term Debt Payments | — | — | -90.00M | — | — | -1.55M | -86.01M | -35.45M | -26.67M | -25.25M | -19.77M | -4.90M | -4.59M | -4.29M | -4.02M | -3.76M | -1.92M | -2.31M | -5.00M | -21.67M | -1.34M | -17.47M | -877,000 | — | -535,000 | — | -338,000 | -2.35M | -3.50M | -11.10M | -600,000 | -1.70M | -3.80M | -4.10M | -1.50M |
| Other Financing Charges | -3.19M | -11.47M | -3.31M | -765,000 | -1.39M | -1.02M | -3.57M | -139,000 | -222,000 | 1.05M | 701,000 | 754,000 | 322,000 | 740,000 | 80,000 | 704,000 | -10.59M | 877,000 | 877,000 | 1.49M | 355,000 | -32,000 | 7.46M | -1.67M | -2.22M | -2.87M | -3.30M | 2.35M | — | -100,000 | — | 100,000 | — | — | — |
| Financing Cash Flow | -5.19M | 16.42M | -1.50M | -22.08M | -9.60M | -8.31M | 590,000 | -6.04M | -7.49M | 7.10M | -19.30M | -4.46M | -5.66M | -3.55M | -3.94M | -7.45M | 23.67M | 13.33M | 2.88M | -8.77M | 5.00M | -14.77M | 13.72M | 5.93M | 3.62M | 909,000 | 2.64M | 813,000 | 4.80M | -2.50M | -1.00M | -1.40M | -2.90M | 4.00M | 1.90M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 157.56M | 177.50M | 161.52M | 73.91M | 26.61M | 22.55M | 4.52M | — | 419,000 | 1.01M | 502,000 | 6.71M | 21.03M | 17.15M | 15.80M | 7.78M | 26.94M | 154,000 | 2.97M | 199,000 | 757,000 | 529,000 | 440,000 | 633,000 | 2.59M | 663,000 | 429,000 | 313,000 | 400,000 | 800,000 | — | — | — | — | — |
| Income Tax Paid | 927,000 | — | — | 2.24M | — | 50.43M | 1.66M | 5.57M | 3.92M | 6.18M | 3.80M | 3.72M | 2.41M | — | — | — | 3.76M | 5.94M | 12.47M | 1.16M | 2.00M | 1.72M | 3.40M | 920,000 | 3.50M | 1.80M | 900,000 | 200,000 | 3.40M | 1.40M | — | — | — | — | — |
| Interest Paid | 4.17M | 2.89M | 2.15M | 960,000 | 914,000 | 2.85M | 3.96M | 1.54M | 2.34M | 1.48M | 2.52M | 2.64M | 3.35M | — | — | — | 3.91M | 3.92M | 3.27M | 3.98M | 3.48M | 3.18M | 3.48M | 3.48M | 2.30M | 2.30M | 2.00M | 2.30M | 1.90M | 1.10M | — | — | — | — | — |
| Free Cash Flow | 32.97M | 22.34M | 22.24M | 18.61M | 47.02M | -37.19M | 21.06M | 19.49M | 17.23M | 23.35M | 26.88M | -1.01M | 13.86M | 2.71M | 10.85M | -19.02M | 5.97M | -17.83M | -19.42M | -35.52M | -7.16M | 6.02M | -8.81M | 5.20M | -10.56M | 12.06M | -588,000 | -421,000 | -5.40M | 1.30M | 1.30M | 1.10M | 3.30M | -1.20M | -2.30M |
Error: Invalid format in Holders JSON file.
Article
FRP Holdings, Inc. (FRPH) Q3 2024 Earnings Call Transcript
FRP Holdings, Inc. (NASDAQ:FRPH ) Q3 2024 Earnings Conference Call November 6, 2024 4:00 PM ET Company Participants Matthew McNulty - Chief Financial Officer and Treasurer David deVilliers III - Chief Operating Officer John Baker III - Chief Executive Officer Conference Call Participants Operator Good day, everyone, and welcome to today's FRP Holdings, Inc. Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode [Operator Instructions] Please note this call is being recorded.
Nov 9, 2024
Article
FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Third Quarter and Nine Months Ended September 30, 2024
JACKSONVILLE, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) – FRP Holdings is a real estate asset developer and manager across three differing asset classes including Multifamily, Industrial and Commercial, and Mining and Royalty.
Nov 6, 2024
Article
FRP Holdings, Inc. Announces Release Date for Its 2024 Third Quarter Earnings and Details for the Earnings Conference Call
JACKSONVILLE, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its third quarter earnings results on Wednesday, November 6, 2024. The Company will host a conference call on Wednesday, November 6, 2024, at 4:00 p.m. (EST). Analysts, stockholders and other interested parties may access the teleconference live by calling 1-800-343-5172 (passcode 83364) within the United States. International callers may dial 1-203-518-9856 (passcode 83364). Audio replay will be available until November 20, 2024, by dialing 1-800-753-5207 within the United States. International callers may dial 1-402-220-2156. No passcode needed. An audio replay will also be available on the Company's investor relations page (https://www.frpdev.com/investor-relations/) following the call.
Oct 31, 2024
