Comstock Holding Companies (NASDAQ:CHCI) Posts Earnings Results

Comstock Holding Companies (NASDAQ:CHCI) posted its earnings results on Friday. The construction company reported $0.99 earnings per share for the quarter, Zacks reports. The firm had revenue of $16.91 million during the quarter. Comstock Holding Companies had a return on equity of 15.65% and a net margin of 13.44%. During the same quarter in the previous year, the firm earned $0.18 EPS.

Comstock Holding Companies Stock Performance

CHCI opened at $7.74 on Friday. The stock has a market capitalization of $76.54 million, a P/E ratio of 13.12 and a beta of 0.62. Comstock Holding Companies has a one year low of $5.00 and a one year high of $14.48. The business’s 50-day simple moving average is $7.68 and its 200-day simple moving average is $8.71.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Comstock Holding Companies in a research report on Saturday. They set a “hold” rating for the company.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.