FRP Holdings

FRPH

時価総額 $3.69億

FRP Holdings is rated a 'Strong Buy' due to a market mispricing versus its net asset value and sum-of-parts analysis. FRPH's mining royalty segment provides zero CapEx, and inflation-resistant cash flow, supporting resilience amid real estate headwinds. Management's conservative valuation yields a $35/share NAV, offering an approx. 40% margin of safety at current $22/share pricing.

FRP Holdings, Inc. (FRPH) Q2 2026 Earnings Call Transcript

FRP NASDAQ: FRPH said its second-quarter results were largely in line with management's expectations as industrial leasing activity improved but lease execution remained uneven, while multifamily operations in Washington, D.C., continued to face supply and delinquency pressures.

Mining Royalties Revenue up 13% on higher Volume and Pricing; Multifamily and Industrial Occupancy Remain Pressured; Industrial Leasing the Near-Term Priority JACKSONVILLE, FL / ACCESS Newswire / August 4, 2026 / FRP Holdings, Inc. (NASDAQ:FRPH), a full-service real estate investment and development company with four distinct business segments including Multifamily, Industrial and Commercial, Development, and Mining and Royalty Lands, today reported financial results for the quarter ended June 30, 2026. Key results for the quarter ended 2026 include: Q2 2026 Financial Highlights: The Company reported a net loss of $0.3 million or $(0.01) per share, versus net income of $0.6 million or $0.03 per share in the same quarter last year Pro rata NOI of $9.4 million was slightly down (3%) versus the $9.7 million of NOI in the second quarter last year Multifamily portfolio occupancy of 93.2% across 1,827 units was also slightly down versus 94.1% last year Industrial & Commercial occupancy of 69.9% (ex-Chelsea) was down from 77.9% Mining royalties were up 13% as a result of increases in both volume (up 6.8%) and revenue per ton (up 5.4%) This was our second full quarter following the October 21, 2025, Altman Logistics acquisition "Second quarter results continued to reflect the occupancy pressure we flagged exiting last year across our DC multifamily assets and the Maryland industrial portfolio, alongside higher G&A tied to the Altman integration," said John Baker III, CEO of FRP Holdings.

JACKSONVILLE, FL / ACCESS Newswire / July 22, 2026 / FRP Holdings, Inc. (NASDAQ:FRPH), a full-service real estate investment and development company with four distinct business segments including Multifamily, Industrial and Commercial, Development, and Mining and Royalty Lands, anticipates issuing its second quarter earnings results on Tuesday, August 4, 2026 after the market close. The Company will host a conference call on Wednesday, August 5, 2026, at 9:00 a.m.

FRP Holdings, Inc. (FRPH) Q1 2026 Earnings Call Transcript

Mining Royalties Volume Up 7.9% and Revenue Per Ton Up 6.5% Multifamily and Industrial Occupancy Pressured; Re-Leasing the Near-Term Priority JACKSONVILLE, FL / ACCESS Newswire / May 12, 2026 / FRP Holdings, Inc. (NASDAQ:FRPH), a full-service real estate investment and development company with four distinct business segments including Multifamily, Industrial and Commercial, Development, and Mining and Royalty Lands, today reported financial results for the quarter ended March 31, 2026. Key results for the quarter ended 2026 include (compared with the first quarter 2025): Q1 2026 Financial Highlights: Net loss of $0.7 million or $(0.04) per share, versus net income of $1.7 million or $0.09 per share Pro rata NOI of $8.9 million versus $9.4 million, down 5% Multifamily portfolio occupancy of 92.1% across 1,827 units versus 94.0% Industrial & Commercial occupancy of 69.9% ex-Chelsea, down from 85.2% Mining royalties: volume up 7.9%, revenue per ton up 6.5% Closed Altman Logistics acquisition October 21, 2025; first full quarter of platform integration "Our first quarter results reflect the headwinds we flagged exiting last year, including occupancy pressure across our DC multifamily assets, industrial vacancies in Maryland that we are working to re-lease, and elevated G&A from the integration costs related to the Altman acquisition," said John Baker III, CEO of FRP Holdings.

FRP Holdings, Inc. (FRPH) Shareholder/Analyst Call Prepared Remarks Transcript

JACKSONVILLE, FL / ACCESS Newswire / May 6, 2026 / FRP Holdings, Inc. (NASDAQ:FRPH), a full-service real estate investment and development company with four distinct business segments including Multifamily, Industrial and Commercial, Development, and Mining and Royalty Lands, anticipates issuing its first quarter earnings results on Tuesday, May 12, 2026 after the market close. The Company will host a conference call on Wednesday, May 13, 2026, at 9:00 a.m.

FRP Holdings, Inc. (FRPH) Q4 2025 Earnings Call Transcript