Five Point NYSE: FPH reported second-quarter 2026 net income of $29.9 million, supported by a major commercial land sale at its Great Park Venture and continued contributions from its management services and asset management platforms.
IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today reported its second quarter 2026 results. Dan Hedigan, President and Chief Executive Officer, said, “I am pleased to report that Five Point generated consolidated net income of $29.9 million in the second quarter and ended the quarter with total liquidity of $565.9 million, including $348.4 million of cash and ca.
IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, will hold a conference call to discuss its second quarter 2026 financial results at 5:00 p.m. Eastern Time on Thursday, July 23, 2026. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com.The conference call can also be accessed by dialing (877) 451-6152 (domestic).
AMREP and Five Point face different models, footprints and valuations, but which land development stock looks better positioned right now? Let's dive in.
IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today reported its first quarter 2026 results. Dan Hedigan, President and Chief Executive Officer, said, “As expected, we began 2026 with a relatively quiet first quarter from a land sales perspective, reflecting the timing of transactions that we anticipate closing in the third and fourth quarters. During the first qu.
IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, will hold a conference call to discuss its first quarter 2026 financial results at 5:00 p.m. Eastern Time on Thursday, April 23, 2026. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com. The conference call can also be accessed by dialing (877) 451-6152 (domestic.
Our long-term thesis on Builders FirstSource remains intact as there is a structural shortage of housing in the USA. As the landowners, Five Point Holdings stands to benefit from any positive shift in regulation/red tape. Flagstar Financial's turnaround is going well, and they recently reported their first profitable quarter since the new management team took over.
Five Point Holdings offers a deeply discounted exposure to hard land assets, a growing cash balance, and a fast de-leveraging balance sheet in coastal California. FPH stands to benefit from declining mortgage rates, with the 30-year fixed-rate mortgage on a sustained decline to improve affordability headwinds. The company is trading at a 47% discount to a tangible book value of $10.63 per share as of the end of its fiscal 2025 fourth quarter.