TPHS - Trinity Place Holdings Inc Stock Price, Fair Value and News

0.14USD0.00 (0.00%)Market Closed

Market Summary

USD0.140.00

Market Closed

0.00%

TPHS Stock Price

View Fullscreen

TPHS RSI Chart

TPHS Valuation

Market Cap

9.0M

Price/Earnings (Trailing)

-0.36

Price/Sales (Trailing)

0.42

EV/EBITDA

-0.64

Price/Free Cashflow

-0.64

TPHS Price/Sales (Trailing)

TPHS Profitability

EBT Margin

-115.76%

Return on Equity

-930.1%

Return on Assets

-9.24%

Free Cashflow Yield

-156.27%

TPHS Fundamentals

TPHS Revenue

Revenue (TTM)

21.2M

Rev. Growth (Yr)

-84%

Rev. Growth (Qtr)

52.06%

TPHS Earnings

Earnings (TTM)

-24.7M

Earnings Growth (Yr)

229.27%

Earnings Growth (Qtr)

180.81%

Breaking Down TPHS Revenue

Last 7 days

7.7%

Last 90 days

-22.2%

Trailing 12 Months

-76.9%

How does TPHS drawdown profile look like?

TPHS Financial Health

Current Ratio

1.13

Debt/Equity

7.65

Debt/Cashflow

-0.69

TPHS Investor Care

Shares Dilution (1Y)

71.96%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	21.2M	0	0	0
2023	50.4M	50.7M	42.3M	33.6M
2022	34.1M	39.6M	56.2M	43.0M
2021	1.4M	1.9M	4.0M	27.3M
2020	3.1M	2.2M	1.5M	1.3M
2019	4.6M	5.2M	4.9M	4.1M
2018	1.8M	2.0M	2.8M	3.7M
2017	1.8M	1.9M	1.9M	1.9M
2016	0	0	0	1.9M
2015	1.0M	0	0	0
2014	136.1M	0	0	0
2013	0	0	0	271.3M
2011	445.1M	429.0M	413.3M	359.1M
2010	377.3M	0	399.9M	422.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Trinity Place Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 10, 2024	citrin jeffrey b	acquired	-	-	169,642	-
Apr 10, 2024	cohen alan	acquired	-	-	59,809	-
Apr 10, 2024	minieri joanne	acquired	-	-	63,971	-
Apr 10, 2024	pattiz keith m	acquired	-	-	170,535	-
Apr 10, 2024	bartels patrick j jr	acquired	-	-	59,511	-
Apr 10, 2024	matina alexander c	acquired	-	-	69,332	-
Apr 10, 2024	bartels patrick j jr	acquired	-	-	41,658	-
Jan 30, 2024	messinger, matthew	sold (taxes)	-24,886	0.17	-146,389	president and ceo
Jan 30, 2024	messinger, matthew	acquired	-	-	265,348	president and ceo
Jan 02, 2024	pyontek richard guy	acquired	-	-	10,000	chief accounting officer

Which funds bought or sold TPHS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-22.64	120	2,756	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	sold off	-100	-3,381	-	-%
May 15, 2024	CITADEL ADVISORS LLC	added	444	23,989	27,762	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-1,590	-	-%
May 15, 2024	KAHN BROTHERS GROUP INC	added	0.24	59,826	229,010	0.03%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-6,661	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	202	5,290	7,001	-%
May 15, 2024	Mraz, Amerine & Associates, Inc.	unchanged	-	529	2,036	-%
May 15, 2024	Davidson Kempner Capital Management LP	added	3,348	3,796,090	3,879,340	0.07%
May 15, 2024	Shay Capital LLC	new	-	6,566	6,566	-%

Are Funds Buying or Selling TPHS?

Are funds buying TPHS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TPHS

No. of Funds

Unveiling Trinity Place Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 22, 2024	third avenue management llc	6.44%	4,109,472	SC 13D/A
Mar 20, 2024	third avenue management llc	10.69%	4,109,472	SC 13D/A
Feb 22, 2024	davidson kempner capital management lp	40.6%	25,862,245	SC 13D
Jan 08, 2024	third avenue management llc	12.85%	4,909,472	SC 13D/A
May 16, 2022	mfp investors llc	24.9%	9,161,501	SC 13D/A
May 06, 2022	third avenue management llc	14.89%	5,486,239	SC 13D/A
Oct 25, 2021	mfp investors llc	25.2%	8,813,801	SC 13D/A
Feb 11, 2021	kahn brothers group inc /de/	-	0	SC 13G
Mar 10, 2020	third avenue management llc	18.86%	6,019,745	SC 13D/A
Feb 26, 2020	kahn brothers group inc /de/	-	0	SC 13G/A

Recent SEC filings of Trinity Place Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 06, 2024	4/A	Insider Trading
May 02, 2024	8-K	Current Report
Apr 29, 2024	10-K/A	Annual Report
Apr 23, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading

Peers (Alternatives to Trinity Place Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	35.7B	2.5B	2.41%	12.16%	121.44	14.14	12.26%	-19.88%
CBRE	28.0B	32.5B	7.21%	18.84%	28.14	0.86	5.07%	-12.06%
Z	10.4B	2.0B	3.71%	-3.82%	-65.12	5.16	6.03%	-14.39%
MID-CAP
JLL	9.8B	21.2B	18.97%	40.96%	32.63	0.46	1.89%	-39.82%
JOE	3.4B	404.1M	6.38%	28.03%	41.8	8.4	55.15%	19.63%
CWK	2.7B	9.4B	26.54%	44.64%	220.22	0.28	-5.93%	-83.62%
DBRG	2.2B	-	-20.99%	26.60%	6.31	2.72	18.22%	229.45%
SMALL-CAP
EXPI	1.9B	4.4B	26.26%	-15.63%	-212.43	0.44	-1.45%	-158.11%
ARL	223.1M	50.7M	-11.02%	-18.96%	81.38	4.4	22.36%	-99.25%
AXR	108.9M	44.5M	-4.35%	50.73%	48.83	2.44	-24.76%	-93.06%
CHCI	73.0M	45.1M	10.04%	78.23%	9.19	1.62	10.35%	24.96%
ASPS	48.8M	145.1M	20.67%	-58.77%	-0.93	0.34	-5.22%	1.69%

Trinity Place Holdings Inc News

Latest updates

Trinity Place Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	52.1%	2,357,000	1,550,000	10,651,000	6,673,000	14,728,000	10,274,000	19,006,000	6,359,000	7,345,000	23,514,000	2,425,000	833,000	493,000	251,000	276,000	402,000	327,000	542,000	946,000	1,281,000	1,293,000
Operating Expenses	29.1%	4,215,000	3,266,000	13,894,000	9,412,000	16,740,000	12,354,000	21,015,000	8,649,000	9,578,000	23,810,000	5,162,000	4,516,000	4,392,000	4,268,000	4,798,000	3,652,000	3,728,000	4,867,000	3,379,000	3,411,000	3,225,000
S&GA Expenses	-100.0%	-	1,247,000	1,511,000	1,835,000	1,444,000	1,318,000	1,431,000	1,503,000	1,502,000	1,063,000	1,440,000	1,387,000	1,243,000	1,002,000	1,188,000	1,431,000	1,334,000	1,377,000	1,286,000	1,373,000	1,313,000
EBITDA Margin	8.8%	-0.64	-0.70	-0.47	-0.23	-0.05	-0.09	0.03	0.11	0.02	-0.02	-0.41	-2.42	15.18	19.95	-	-	-	-	-	-	-
Interest Expenses	2.0%	915,000	897,000	1,923,000	3,855,000	5,015,000	3,087,000	4,654,000	1,920,000	3,050,000	2,713,000	4,765,000	4,434,000	4,130,000	4,029,000	3,907,000	3,746,000	3,813,000	14,000	14,000	18,000	21,000
Income Taxes	975.0%	86,000	8,000	-	51,000	124,000	16,000	82,000	120,000	70,000	178,000	-47,000	99,000	35,000	88,000	51,000	102,000	65,000	-71,000	8,000	110,000	81,000
Earnings Before Taxes	181.7%	8,147,000	-9,967,000	-11,888,000	-10,869,000	-6,112,000	-8,967,000	-6,271,000	-103,000	-5,061,000	-3,166,000	-3,655,000	-6,335,000	-7,384,000	-5,308,000	-5,341,000	20,637,000	-3,188,000	5,016,000	-2,637,000	-2,298,000	-2,132,000
EBT Margin	-0.2%	-1.16	-1.16	-0.89	-0.64	-0.43	-0.47	-0.26	-0.30	-0.53	-0.75	-5.67	-13.15	1.83	5.41	-	-	-	-	-	-	-
Net Income	180.8%	8,061,000	-9,975,000	-11,888,000	-10,920,000	-6,236,000	-8,983,000	-6,353,000	-223,000	-5,131,000	-3,344,000	-3,608,000	-6,434,000	-7,419,000	-5,396,000	-5,392,000	20,535,000	-3,253,000	5,087,000	-2,645,000	-2,408,000	-2,213,000
Net Income Margin	-0.3%	-1.16	-1.16	-0.90	-0.64	-0.43	-0.48	-0.27	-0.31	-0.54	-0.76	-5.71	-13.30	1.64	5.17	-	-	-	-	-	-	-
Free Cashflow	-0.1%	-4,454,000	-4,449,000	-2,937,000	-2,356,000	3,992,000	-5,569,000	6,366,000	-97,000	283,000	9,466,000	-7,997,000	-8,906,000	-14,169,000	-48,964,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-100.0%	-	268	268	282	289	307	298	316	330	341	341	333	328	323	317	312	371	345	326	310	279
Cash Equivalents	8.0%	0.00	0.00	1.00	4.00	3.00	2.00	2.00	3.00	1.00	4.00	1.00	2.00	5.00	7.00	5.00	5.00	11.00	9.00	6.00	9.00	9.00
Liabilities	-100.0%	-	278	269	271	268	280	259	271	285	291	295	284	273	261	244	234	315	286	273	255	222
Shareholder's Equity	126.5%	3.00	-10.05	-	10.00	21.00	27.00	39.00	45.00	45.00	50.00	45.00	48.00	55.00	62.00	72.00	77.00	57.00	56.00	53.00	55.00	57.00
Retained Earnings	8.4%	-87.84	-95.90	-85.93	-74.04	-63.12	-56.89	-47.90	-41.55	-41.33	-36.20	-32.85	-29.24	-22.81	-15.39	-4.11	1.00	-19.25	-16.00	-21.08	-18.44	-16.03
Additional Paid-In Capital	3.0%	150	145	145	145	145	145	145	145	144	144	-136	-136	136	136	136	135	135	134	134	134	133
Shares Outstanding	67.0%	64.00	38.00	38.00	38.00	37.00	37.00	37.00	37.00	37.00	33.00	33.00	32.00	32.00	32.00	-	-	-	-	-	-	-
Float	-	-	-	-	14.00	-	-	-	26.00	-	-	-	50.00	-	-	-	28.00	-	-	-	100	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-0.1%	-4,454	-4,449	-2,845	-2,264	4,084	-5,477	6,458	-5.00	375	9,558	-7,905	-8,814	-14,077	-48,872	-894	-1,682	-4,433	-67,867	-2,055	-388	-318
Share Based Compensation	-46.4%	60.00	112	114	134	99.00	146	136	148	123	131	134	132	133	204	204	204	194	230	233	230	212
Cashflow From Investing	-86200.0%	-6,904	-8.00	-120	-14.00	7,211	-	-25.00	17,414	-64.00	-56.00	-28.00	-3.00	-53.00	38,714	-11,215	-17,043	-20,118	68,425	-15,960	-14,327	-10,533
Cashflow From Financing	85.8%	6,991	3,762	-3,410	-1,058	-14,599	15,860	-11,152	-16,631	-9,543	2,694	10,787	6,884	9,789	8,063	8,090	15,087	31,702	1,096	14,502	14,862	17,208
Buy Backs	-	-	-	-	-	145	-1.00	-	-	291	-	1.00	-1.00	370	-87.50	13.00	213	644	7.00	-	202	563

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

TPHS Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Rental revenues	$ 798	$ 1,511
Other income	120	120
Sales of residential condominium units	1,439	13,097
Total revenues	2,357	14,728
Operating Expenses
Property operating expenses	415	1,267
Real estate taxes	365	463
General and administrative	1,106	1,444
Pension related costs	130	144
Cost of sales - residential condominium units	1,437	12,309
Transaction related costs		113
Depreciation and amortization	762	1,000
Total operating expenses	4,215	16,740
Operating loss	(1,858)	(2,012)
Gain on contribution to joint venture	20,976
Equity in net loss from unconsolidated joint ventures	(6,754)	(4)
Equity in net gain on sale of unconsolidated joint venture property		3,058
Unrealized gain on warrants		66
Interest expense, net	(3,883)	(6,328)
Interest expense - amortization of deferred finance costs	(334)	(892)
Income (loss) before taxes	8,147	(6,112)
Tax expense	(86)	(124)
Net income (loss) attributable to common stockholders	8,061	(6,236)
Other comprehensive income:
Unrealized gain on pension liability	120	119
Comprehensive income (loss) attributable to common stockholders	$ 8,181	$ (6,117)
Income (loss) per share - basic	$ 0.15	$ (0.17)
Income (loss) per share - diluted	$ 0.16	$ (0.17)
Weighted average number of common shares - basic	52,856	37,605
Weighted average number of common shares - diluted	52,856	37,605

TPHS Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Real estate, net		$ 62,324
Residential condominium units for sale		184,561
Cash and cash equivalents	$ 285	264
Restricted cash	3,693	8,081
Prepaid expenses and other assets, net	277	2,774
Pension asset	1,370	1,370
Receivables	120	356
Deferred rents receivable		307
Right-of-use asset	418	519
Intangible assets, net		6,952
Total assets	6,163	267,508
LIABILITIES
Loans payable, net		194,628
Corporate credit facility, net		40,791
Secured line of credit, net		11,750
Losses in excess of investment in unconsolidated joint venture	792
Accounts payable and accrued expenses	565	28,273
Accrued professional fees	1,690	1,545
Lease liability	458	569
Total liabilities	3,505	277,556
Commitments and Contingencies
STOCKHOLDERS' (DEFICIT) EQUITY
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $0.01 par value; 79,999,997 shares authorized; 70,736,447 and 44,965,083 shares issued at March 31, 2024 and December 31, 2023, respectively; 63,793,850 and 38,199,386 shares outstanding at March 31, 2024 and December 31, 2023, respectively	708	450
Additional paid-in capital	149,596	145,301
Treasury stock (6,942,597 and 6,765,697 shares at March 31, 2024 and December 31, 2023, respectively)	(57,665)	(57,637)
Accumulated other comprehensive loss	(2,137)	(2,257)
Accumulated deficit	(87,844)	(95,905)
Total stockholders' (deficit) equity	2,658	(10,048)
Total liabilities and stockholders' (deficit) equity	6,163	267,508
Blank Check Preferred Stock
STOCKHOLDERS' (DEFICIT) EQUITY
Preferred Stock Value
Preferred Stock
STOCKHOLDERS' (DEFICIT) EQUITY
Preferred Stock Value

About Trinity Place Holdings Inc

Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan. It also owns a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer. Trinity Place Holdings Inc. was founded in 1959 and is headquartered in New York, New York.

CEO	Mr. Matthew Messinger
WEBSITE	https://tphs.com
INDUSTRY	Real Estate Services
EMPLOYEES	6

Trinity Place Holdings Inc Frequently Asked Questions

What is the ticker symbol for Trinity Place Holdings Inc? What does TPHS stand for in stocks?

TPHS is the stock ticker symbol of Trinity Place Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trinity Place Holdings Inc (TPHS)?

As of Fri May 17 2024, market cap of Trinity Place Holdings Inc is 8.97 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TPHS stock?

You can check TPHS's fair value in chart for subscribers.

What is the fair value of TPHS stock?

You can check TPHS's fair value in chart for subscribers. The fair value of Trinity Place Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trinity Place Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TPHS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trinity Place Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether TPHS is over valued or under valued. Whether Trinity Place Holdings Inc is cheap or expensive depends on the assumptions which impact Trinity Place Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TPHS.

What is Trinity Place Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TPHS's PE ratio (Price to Earnings) is -0.36 and Price to Sales (PS) ratio is 0.42. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TPHS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trinity Place Holdings Inc's stock?

In the past 10 years, Trinity Place Holdings Inc has provided -0.282 (multiply by 100 for percentage) rate of return.