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 10.9% and is now trading at $8.09. 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) issued its quarterly earnings results on Friday, March, 13th. The financial services provider reported $0.23 earnings per share (EPS) 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 announced that its board has authorized a stock repurchase program on Friday, January 31st 2020, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 50.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

News coverage about PICO stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pico earned a news sentiment score of -4.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutPico.

Pico saw a increase in short interest in 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 currently 2.2 days. Approximately 1.0% of the shares of the company are sold short. View Pico's Current Options Chain.

Some companies that are related to Pico include HomeFed (HOFD), Ellington Financial (EFC), Front Yard Residential (RESI), FRP (FRPH), Tejon Ranch (TRC), Seritage Growth Properties (SRG), Retail Value (RVI), Nam Tai Property (NTP), Maui Land & Pineapple (MLP), Griffin Industrial Realty (GRIF), BBX Capital (BBX), Leju (LEJU), Cresud S.A.C.I.F. y A. (CRESY), 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 acquired 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 $8.09.

Pico has a market capitalization of $156.22 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]