NASDAQ:PICOPico Stock Price, Forecast & News

Pico's stock was trading at $9.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PICO shares have decreased by 2.5% and is now trading at $8.85. View which stocks have been most impacted by Coronavirus.

Pico is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Pico.

Pico Holdings Inc (NASDAQ:PICO) released its quarterly earnings results on Friday, March, 13th. The financial services provider reported $0.23 earnings per share for the quarter. The financial services provider had revenue of $10.36 million for the quarter. Pico had a return on equity of 1.73% and a net margin of 17.31%. View Pico's earnings history.

Pico declared that its Board of Directors has authorized a share repurchase program on Friday, January 31st 2020, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 50.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Media stories about PICO stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pico earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutPico.

Pico saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 192,100 shares, an increase of 27.1% from the April 15th total of 151,100 shares. Based on an average daily trading volume, of 88,900 shares, the short-interest ratio is presently 2.2 days. Currently, 1.0% of the company's stock are short sold. View Pico's Current Options Chain.

Some companies that are related to Pico include HomeFed (HOFD), Ellington Financial (EFC), Seritage Growth Properties (SRG), Front Yard Residential (RESI), FRP (FRPH), Tejon Ranch (TRC), Nam Tai Property (NTP), Retail Value (RVI), Leju (LEJU), Griffin Industrial Realty (GRIF), Cresud S.A.C.I.F. y A. (CRESY), Maui Land & Pineapple (MLP), BBX Capital (BBX), Consorcio Ara SAB de CV (CNRFF) and MMA Capital (MMAC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pico investors own include Tesla (TSLA), Freeport-McMoRan (FCX), General Electric (GE), MFA FINL INC/SH (MFA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Chesapeake Energy (CHK), Cleveland-Cliffs (CLF), CNX Resources (CNX) and Ford Motor (F).

Pico trades on the NASDAQ under the ticker symbol "PICO."

Pico's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.85%), First Foundation Advisors (5.11%), State Street Corp (2.04%), Geode Capital Management LLC (1.43%), Wells Fargo & Company MN (1.26%) and KBC Group NV (1.03%). Company insiders that own Pico stock include Dorothy Ann Timian-Palmer, Eric H Speron and Gregory Bylinsky. View institutional ownership trends for Pico.

PICO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Squarepoint Ops LLC, Invesco Ltd., State Street Corp, BlackRock Inc., WINTON GROUP Ltd, UBS Group AG, and Victory Capital Management Inc.. View insider buying and selling activity for Pico.

PICO stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., AXA, JPMorgan Chase & Co., Wells Fargo & Company MN, Trexquant Investment LP, Marquette Asset Management LLC, Geode Capital Management LLC, and Deutsche Bank AG. Company insiders that have bought Pico stock in the last two years include Dorothy Ann Timian-Palmer, Eric H Speron, and Gregory Bylinsky. View insider buying and selling activity for Pico.

Shares of PICO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PICO stock can currently be purchased for approximately $8.85.

Pico has a market capitalization of $170.89 million and generates $29.40 million in revenue each year. Pico employs 17 workers across the globe.

The official website for Pico is www.picoholdings.com.

Pico's mailing address is 3480 GS Richards Blvd Suite 101, Carson City NV, 89703. The financial services provider can be reached via phone at 775-885-5000 or via email at [email protected]