FRP Holdings, Inc. (FRPH)
NASDAQReal EstateReal Estate - ServicesSnapshot 2026-09-04
$22.59+0.67%
Close 2026-09-04 · 1-day change
NASDAQReal EstateReal Estate - ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · FRPH
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 48.6% |
| Our one-year growth estimate | diamond | 2.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 45.9 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
FRPH — legal / regulatory event — Changes in the Registrant's Certifying Accountant
Dated 2026-05-15
Changes in the Registrant's Certifying Accountant. The Audit Committee of the Board of Directors of FRP Holdings, Inc. recently conducted a competitive selection process to determine the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The Audit Committee invited several of the largest U.S. public accounting firms to participate in this process, including Baker Tilly US, LLP ("Baker Tilly"), the Company's independent registered public accou…
Why it matters: If revenue growth speeds up, it could signal a positive shift in the real estate sector.
Supportive ifReal estate revenue growth exceeds 7% year over year.
Worry ifReal estate revenue growth stays below 5% year over year.
Why it matters: Choosing a new accounting firm can affect how investors feel and how finances look.
Worry ifA well-known accounting firm can help build investor trust.
Less concerning ifAnnouncement of a firm with a poor reputation or ongoing issues.
Why it matters: Developing projects can boost future revenue and profits for FRP Holdings.
Supportive ifAt least two development projects reach substantial completion by Q4 2026.
Worry ifNo projects reach substantial completion by the end of 2026.
Why it matters: G&A above $4 million shows ongoing costs and problems with operations.
Worry ifG&A expenses exceed $4 million in Q2 2026.
Less concerning ifG&A expenses remain below $4 million in Q2 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$96 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $241 loss on $10,000 · 2.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,900 loss on $10,000 · 19.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Changes in the accounting firm could impact investor trust and financial reporting quality. It is a sign of potential internal issues.
Worry ifA new accounting firm is announced. This firm has a good reputation in the industry.
Less concerning ifNo announcement or a poorly rated firm is chosen.
Why it matters: Better efficiency helps the company's profits. It shows how well management deals with problems.
Supportive ifOperating income shows a big rise compared to Q1 2026.
Worry ifOperating income keeps falling or stays the same.
Why it matters: The earnings report will show if the company can work better. Investors want to see signs of recovery after recent drops.
Watch forEarnings report shows operating income increases from $0.512M in Q1 2026.
Also watch forOperating income goes down more or stays below $0.512M.
Why it matters: Continued growth in mining royalties can offset pressures in other segments. Management has focused on this area.
Supportive ifMining royalty revenue grows by over 10% compared to last year.
Worry ifMining royalty revenue growth drops below 5% compared to last year.