Five Point Holdings

Five Point Holdings LLC engages in the development and design of mixed-use, master-planned communities that combine residential, commercial, retail, educational, and recreational elements with public amenities. It operates through the following segments: Valencia, San Francisco, Great Park, and Commercial. The Valencia segment includes the community of Valencia along the Santa Clara River in the western portion of the Santa Clarita Valley. The property is located approximately 35 miles northwest of downtown Los Angeles, 15 miles north of the San Fernando Valley and is adjacent to the city of Santa Clarita. The San Francisco segment involves the Candlestick Point and the San Francisco Shipyard communities located on bay front property in the city of San Francisco, California. The Great Park segment refers to the Great Park neighborhoods being developed adjacent to and around the Orange County Great Park, a metropolitan park under construction in Orange County, California. The Commercial segment consists of the Five Point Gateway Campus, an office and research and development campus within the Great Park Neighborhoods, consisting of four newly constructed buildings. The company was founded on July 21, 2009 and is headquartered in Irvine, CA.

Earnings data Q2 2024

Five Point Holdings, LLC reports Q1 loss, anticipates land sales

Five Point Holdings, LLC is focused on revenue generation, managing capital spend, and SG&A, with a priority on positive cash generation for the remainder of 2023. The company is focused on maximizing its cash position in preparation for its bond maturity in 2025.

Five Point Holdings, LLC reports strong Q2 earnings and addresses market challenges

Five Point Holdings, LLC demonstrated strong financial performance with improved liquidity and positive cash flow. Challenges from interest rate increases are easing, and the company is focused on capitalizing on opportunities in the housing market.

Five Point Holdings, LLC reports strong Q3 earnings and focuses on strategic cash balance growth for 2024

Five Point Holdings, LLC reported strong Q3 earnings driven by land sales, achieving a healthy gross margin and effectively managing expenses. The company is focused on maintaining positive cash and earnings, extending its credit facility, and strategically increasing its cash balance. However, it faces challenges related to free cash flow guidance and delayed sales due to municipal approvals.

Five Point Holdings, LLC reports robust Q4 earnings and optimistic 2024 outlook

Five Point Holdings, LLC demonstrated strong financial performance, successfully settling a senior note exchange and maintaining a healthy liquidity position. The company faces challenges related to interest rates and reduced reimbursements but sees opportunities in the California housing market and cost management. Overall, FPH is well-positioned for future growth and profitability.

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Five Point Holdings, LLC (NYSE:FPH ) Q1 2024 Earnings Conference Call April 18, 2024 5:00 PM ET Company Participants Dan Hedigan - CEO Kim Tobler - CFO Stuart Miller - Executive Chairman Conference Call Participants Alan Ratner - Zelman & Associates Myron Kaplan - Private Investor Operator Greetings, and welcome to the Five Point Holdings, LLC First Quarter 2024 Conference Call. As a reminder, this call is being recorded.

Five Point Holdings, LLC (FPH) Q1 2024 Earnings Call Transcript

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 2024 results. Dan Hedigan, Chief Executive Officer, said, “In the first quarter of 2024, we continued to position ourselves for future success. We generated earnings for the fourth consecutive quarter and ended the quarter with total liquidity of $358 million. We also successfully compl.

Five Point Holdings, LLC Reports First Quarter 2024 Results

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 2024 financial results at 5:00 p.m. Eastern Time on Thursday, April 18, 2024. 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.

Five Point Holdings, LLC Sets Date for First Quarter 2024 Earnings Announcement and Investor Conference Call

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 coastal California, today announced the appointment of Mike Alvarado as Chief Operating Officer of the Company, effective immediately. Mr. Alvarado will also continue to serve in his position as the Company's Chief Legal Officer, Vice President and Secretary. Mr. Alvarado is an experienced executive with over 30 years of experienc.

Five Point Holdings, LLC Announces Appointment of Mike Alvarado as Chief Operating Officer

Five Point Holdings, LLC (FPH) Q4 2023 Earnings Call Transcript

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 fourth quarter and year-end 2023 results. Dan Hedigan, Chief Executive Officer, said, “We finished 2023 strong with consolidated net income for the quarter of $58.7 million, giving us consolidated net income for the year of $113.7 million and total cash and cash equivalents of $353.8 million as of ye.

Five Point Holdings, LLC Reports Fourth Quarter and Year-End 2023 Results

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 fourth quarter and year-end 2023 financial results at 5:00 p.m. Eastern Time on Thursday, January 18, 2024. 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) 45.

Five Point Holdings, LLC Sets Date for Fourth Quarter and Year-end 2023 Earnings Announcement and Investor Conference Call

IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE: FPH) today announced the early participation results of the previously announced exchange offer and consent solicitation by Five Point Operating Company, LP, through which Five Point owns all of its assets and conducts all of its operations (the “Issuer”), and Five Point Capital Corp., a wholly owned subsidiary of the Issuer (together with the Issuer, the “Issuers”), to Eligible Holders to exchange.

Five Point Holdings, LLC Announces Early Participation Deadline Results for the Previously Announced Exchange Offer and Consent Solicitation

IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE: FPH) today announced that Five Point Operating Company, LP, through which Five Point owns all of its assets and conducts all of its operations (the “Issuer”), and Five Point Capital Corp., a wholly owned subsidiary of the Issuer (together with the Issuer, the “Issuers”), commenced an offer to Eligible Holders (as defined herein) to exchange (such offer, the “Exchange Offer”) any and all of the Issue.

Five Point Holdings, LLC Announces Commencement of Exchange Offer and Consent Solicitation

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Five Point Holdings, LLC (FPH) Q3 2023 Earnings Call Transcript

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 third quarter 2023 results. Dan Hedigan, Chief Executive Officer, said, “In the third quarter, we built on our positive momentum from the first half of the year, with earnings for the third quarter of $14.2 million and an increase in our cash position of $25.1 million, giving us total cash and cash e.

Five Point Holdings, LLC Reports Third Quarter 2023 Results

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 third quarter 2023 financial results at 5:00 p.m. Eastern Time on Thursday, October 19, 2023. 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 (domest.

Five Point Holdings, LLC Sets Date for Third Quarter 2023 Earnings Announcement and Investor Conference Call

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 coastal California, today announced the appointment of Kim Tobler as Chief Financial Officer, Treasurer and Vice President of the Company, effective immediately. Mr. Tobler is an experienced executive with over 35 years of experience in tax, financial reporting, and corporate finance, primarily in the real estate sector. He has se.

Five Point Holdings, LLC Announces Appointment of Kim Tobler as Chief Financial Officer

Five Point Holdings is an undervalued and misunderstood California land developer. The company owns three major communities in California with significant real estate available for development. The market is overly concerned with the company's ability to pay down and refinance the 2025 Note.

Five Point Holdings: A Cheap Investment With A Hard Catalyst

Diamondback Energy

U.S. shale oil producer Diamondback Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the Midland Basin that is part of the oil-rich Permian in Texas.

Diamondback, Five Point Energy form water management joint venture

Five Point Holdings, LLC (NYSE:FPH ) Q2 2023 Earnings Conference Call July 20, 2023 5:00 PM ET Company Participants Dan Hedigan - Chief Executive Officer Leo Kij - Interim Chief Financial Officer Conference Call Participants Alan Ratner - Zelman & Associates Terrance Balkaran - Diameter Capital Arun Seshadri - BNP Paribas Operator Greetings, and welcome to the Five Point Holdings, LLC Second Quarter 2023 Conference Call. As a reminder, this call is being recorded.

Five Point Holdings, LLC (FPH) Q2 2023 Earnings Call Transcript

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 2023 results. Dan Hedigan, Chief Executive Officer, said, “During the second quarter, we were able to execute effectively on our three main priorities (generating revenue, rightsizing SG&A, and managing capital spend) and to achieve results that exceeded our expectations. For the q.

Five Point Holdings, LLC Reports Second Quarter 2023 Results

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 2023 financial results at 5:00 p.m. Eastern Time on Thursday, July 20, 2023. 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.

Five Point Holdings, LLC Sets Date for Second Quarter 2023 Earnings Announcement and Investor Conference Call

Five Point Holdings, LLC (FPH) Q1 2023 Earnings Call Transcript.

Five Point Holdings, LLC (FPH) Q1 2023 Earnings Call Transcript

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 2023 results. Dan Hedigan, Chief Executive Officer, said, “During the first quarter, we saw the housing market begin to stabilize, consistent with our expectations as we started the year.

Five Point Holdings, LLC Reports First Quarter 2023 Results

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 2023 financial results at 5:00 p.m. Eastern Time on Thursday, April 20, 2023. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com.

Five Point Holdings, LLC Sets Date for First Quarter 2023 Earnings Announcement and Investor Conference Call

Five Point Holdings, LLC (NYSE:FPH ) Q4 2022 Earnings Conference Call January 19, 2023 5:30 PM ET Company Participants Dan Hedigan - CEO Leo Kij - Interim CFO Mike Alvarado - Chief Legal Officer Kim Tobler - VP Treasurer and Tax Stuart Miller - Executive Chairman Conference Call Participants Alan Ratner - Zelman & Associates Robert Heimowitz - Concise Capital Operator Greetings and welcome to the Five Point Holdings LLC Fourth Quarter and Year-End 2022 Conference Call. As a reminder, this call is being recorded.

Five Point Holdings, LLC (FPH) Q4 2022 Earnings Call Transcript

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 fourth quarter and year-end 2022 results.

Five Point Holdings, LLC Reports Fourth Quarter and Year-End 2022 Results

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 fourth quarter and year-end 2022 financial results at 5:30 p.m. Eastern Time on Thursday, January 19, 2023. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com.

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