PICO Holdings Inc. (NASDAQ:PICO) issued its earnings results on Wednesday, August 9th. The financial services provider reported $0.06 earnings per share for the quarter, Morningstar.com reports. PICO Holdings had a negative net margin of 2.23% and a negative return on equity of 0.68%. The firm had revenue of $8.63 million for the quarter.
Shares of PICO Holdings (NASDAQ:PICO) traded down 0.31% during mid-day trading on Friday, reaching $16.20. 88,252 shares of the company’s stock were exchanged. PICO Holdings has a 52-week low of $10.14 and a 52-week high of $17.95. The firm’s market cap is $374.82 million. The company has a 50 day moving average price of $16.79 and a 200 day moving average price of $15.69.
Separately, BidaskClub lowered shares of PICO Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.
PICO Holdings Company Profile
PICO Holdings, Inc (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. Its subsidiary, Vidler Water Company, Inc (Vidler), owns water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico.
What are top analysts saying about PICO Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for PICO Holdings Inc. and related companies.