FRP Holdings (FRPH)
NASDAQ:FRPH
Earnings Data
Report Date
May 13, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced. The company presents meaningful positives — a strategic acquisition (Altman) that expands industrial scale and capabilities, a sizable development pipeline with expected incremental NOI, solid liquidity (~$144M), and steady mining royalties providing high-margin cash flow. Offsetting these are notable near-term operational headwinds: significant occupancy declines in the commercial & industrial segment, slower leasing velocity and longer tenant decision cycles, multifamily retail softness and D.C.-specific delinquency/concession pressures, and planned G&A increases in 2026 that will temporarily raise the G&A-to-NOI ratio. Management emphasizes conservative underwriting, execution focus on leasing and stabilization, and multi-year NAV upside, but near-term earnings and cash flow realization are execution- and timing-dependent.Company Guidance
Full-Year NOI and FFO
Generated approximately $37.9 million of NOI and $22.1 million of FFO (or $1.16 per share) for fiscal 2025, results described as generally in line with expectations.
Strong Liquidity Position
Ended the year with approximately $144 million of liquidity, providing flexibility to fund development, support lease-up and navigate cycles without reliance on asset sales.
Altman Industrial Acquisition Expands Platform
Closed Altman Logistics acquisition for ~ $33.5 million late in Q4, adding roughly 1.6 million square feet of industrial development pipeline and institutional development talent.
Robust Development Pipeline and Expected Incremental NOI
Pipeline of ~ $441 million total project costs with expected stabilized incremental NOI of ≈ $30 million; three Florida industrial assets (762,000 sqft) expected to stabilize by 2028 representing ≈ $9.6 million NOI.
Mining & Royalties Segment Performance
Mining & Royalties generated ≈ $3.9 million NOI in Q4 and $14.6 million for the year, representing increases of 11.5% (Q4) and 1.5% (year) with strong margins and minimal incremental capital needs.
Measured Leasing Wins and Rent Upside
Signed a 15,000 sqft lease at Cranberry Business Park with a face rent 38% higher than the previous tenant and nearing a >26,000 sqft lease at Davie in South Florida with face rate above underwriting.
NAV Per Share Upside
Estimated NAV per share of approximately $37.60 with management expectation to exceed $40 per share over the next three years versus recent share trading between $20 and $24, implying material upside to NAV.
Prudent Capital Structure Metrics
Net debt to enterprise value of ≈ 21% with weighted average interest rate ≈ 5.24%; management emphasizes conservative underwriting and downside protection.
FRPH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FRPH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 10, 2026 | $22.53 | $22.40 | -0.58% |
Nov 05, 2025 | $24.03 | $22.90 | -4.70% |
Aug 06, 2025 | $26.60 | $24.75 | -6.95% |
May 12, 2025 | $27.40 | $26.60 | -2.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does FRP Holdings (FRPH) report earnings?
FRP Holdings (FRPH) is schdueled to report earning on May 13, 2026, TBA (Confirmed).
What is FRP Holdings (FRPH) earnings time?
FRP Holdings (FRPH) earnings time is at May 13, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is FRPH EPS forecast?
Currently, no data Available