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 (WHO). Since then, PICO stock has decreased by 8.8% and is now trading at $8.28. 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 data on Thursday, May, 7th. The financial services provider reported ($0.09) earnings per share for the quarter. The financial services provider had revenue of $0.23 million for the quarter. Pico had a net margin of 17.31% and a return on equity of 1.73%. 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 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 50.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

Media coverage about PICO stock has been trending neutral this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pico earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the near term. View the latest news about Pico.

Pico saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 293,500 shares, an increase of 20.1% from the May 31st total of 244,300 shares. Based on an average daily trading volume, of 106,500 shares, the short-interest ratio is currently 2.8 days. Currently, 1.5% 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), Front Yard Residential (RESI), Ellington Financial (EFC), Seritage Growth Properties (SRG), FRP (FRPH), Tejon Ranch (TRC), Leju (LEJU), Griffin Industrial Realty (GRIF), Retail Value (RVI), Nam Tai Property (NTP), BBX Capital (BBX), Maui Land & Pineapple (MLP), 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."

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 $8.28.

Pico has a market capitalization of $159.89 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]