FRP Holdings, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $421.0M
- Price
- $22.01
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.36%
- Volume
- 89.1K
About
FRP Holdings, Inc. engages in the real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture. The Asset Management segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment owns various properties comprising approximately 15,000 acres under lease for mining rents or royalties primarily in Florida, Georgia, and Virginia. This segment also owns an additional 107 acres of investment property in Brooksville, Florida. The Development segment owns and monitors the use of parcels of land that are in various stages of development. The Stabilized Joint Venture segment owns, leases, and manages a 305-unit residential apartment building with approximately 14,430 square feet of first floor retail space; 264-unit residential apartment building with 6,758 square feet of retail space; and 294-unit garden-style apartment community located in Henrico County, Virginia that consists of 19 three-story apartment buildings containing 273,940 rentable square feet. FRP Holdings, Inc. was incorporated in 2014 and is based in Jacksonville, Florida.
Quick stats
Shares outstanding19.2M
Computed float11.7M
Float / shares61.0%
Key info
SectorReal Estate
IndustryReal Estate - Development
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000844059
Websitehttps://www.frpdev.com
AI Summary
AI-generated1/7
majorbearishearnings
FRP Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
FRP Holdings reported fiscal Q2 results with a swing to a net loss of $0.3 million, compared to net income of $0.6 million in the prior year quarter, as higher G&A and lower NOI offset a modest revenue increase.
Occupancy continued to pressure results, with multifamily occupancy dipping to 93.2% and industrial occupancy falling to 69.9% (ex-Chelsea), driving a 3% decline in pro rata NOI to $9.4 million.
The mining royalty segment remained a bright spot with revenue up 13% year-over-year, while management noted development projects in Hamilton and Parsippany reached substantial completion.
Red flags
- Swing to net loss vs net income in prior year
- Industrial occupancy dropped to 69.9%
- G&A expenses up 28% YoY driven by integration costs