Latest news with #RanchoCordova
Forbes
2 days ago
- Business
- Forbes
Don't Give Up Hope, Value Investors
Homes under construction in 2024 at a Pulte Homes site in Rancho Cordova, California. Pulte is one ... More of several stocks with traits of both growth and value. Photographer: David Paul Morris/Bloomberg The numbers are stark. In the 12 months through June, growth stocks returned 19.9%, while value stocks managed only 9.6%. Alas for value investors, the two previous years tell the same story. In 2023 the scorecard shows a return of 30.0% for growth and 22.2% for value. In 2024 the score was 36.1% for growth, 12.3% for value. These are total returns including dividends, as calculated by Standard & Poor's Corp. If you're a value investor by philosophy and temperament, as I am, what lesson should you draw? Jumping out of the nearest window is not a permissible answer. Value stocks are out of favor stocks that are relatively cheap. Growth stocks are the stocks of companies whose earnings are growing fast. Naturally, people pay more for growth stocks. But how much more? According to Larry Swedroe of Morningstar, The Russell 1000 Growth Index in recent years has typically sold for 32 times the component companies' earnings, The Russell 2000 Value Index has sold for about a 15 multiple. That valuation gap has widened to a chasm. Now, the growth index goes for 42 times earnings and the value index fetches only about 14 times. Mostly for that reason, I think value will make a comeback soon. But in the meantime, it wouldn't kill me to buy some stocks that have both value and growth characteristics. Here are five stocks that I believe show both value and growth qualities. Each one sells for 15 times earnings or less yet shows earnings growth averaging 15% or better in the past five years. Like its larger rival D.R. Horton Inc. (DHI), PulteGroup Inc. builds houses in a variety of styles, at several price points. Its average selling price is about $560,000, which is about 10% above the national average. I like both Pulte and Horton, but I highlight Pulte because its five-year earnings growth rate, almost 32% a year, is slightly higher than Horton's. To truly thrive, homebuilders will need lower mortgage rates. I suspect that may happen in 2026. With oil prices well off their highs, oil-and-gas stocks have had a tough year this year. I like them nevertheless, particularly Diamondback Energy Inc. (FANG), which is based in Texas and drills mainly in the Permian basin in western Texas. Diamondback has averaged 35% annual earnings growth the past five years. The stock sells for about nine times earnings. Crocs Inc. (CROX), which makes those shoes with holes in them that maybe your son or daughter wears, has increased its revenue by 20% a year over the past decade. Yet its stock sells for a measly eight times earnings (excluding nonrecurring earnings). The smallest stock I'll recommend today is Eaco Corp. (EACO) of Anaheim, California, which distributes electronic connectors and fasteners. Investors know that distributors usually have slim margins; hence their stocks are cheap. Eaco fits the bill, selling for about 10 times earnings. But its profit margin isn't so bad, about 7%. And earnings have been growth at a 23% clip the past five years. Speculative but interesting is Catalyst Pharmaceuticals Inc. (CPRX), based in Coral Gables, Florida. It's a biotech company working on drugs for rare neurological and neuromuscular diseases. Catalyst has three drugs on the market, and posted sales of more than $500 million in the past four quarters. All eight analysts who follow the stock like it. Such unanimity usually strikes me as a danger sign, but in the case, I happen to agree with the analysts. This is the 19th column I've written about stocks that combine growth and value. The previous columns generated an average one-year return of 17.2%. That compares well to the 12.2% average return for the Standard & Poor's 500 over the same periods. Bear in mind that my column results are hypothetical and shouldn't be confused with results I obtain for clients. Also, past performance doesn't predict the future. Of the 18 columns, 13 were profitable and 12 beat the index. My most recent column on this topic (written two years ago) was a dud, falling 2% through July of 2024 while the S&P 500 returned 22%. A 55% loss in Albemarle Corp. (ALB) was the fatal dagger. A 43% gain in Stifel Financial Corp. (SF) wasn't enough to save the day. Disclosure: I own Diamondback Energy personally and for most of my clients. I own D.R. Horton for one client, and my wife (a portfolio manager at my firm) owns PulteGroup for one client.
Yahoo
18-07-2025
- Business
- Yahoo
Five Star Bancorp Declares Second Quarter Cash Dividend
RANCHO CORDOVA, Calif., July 18, 2025 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) ('Five Star' or the 'Company'), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the "Bank"), announced today the declaration of a cash dividend of $0.20 per share on the Company's voting common stock. The dividend is expected to be paid on August 11, 2025, to shareholders of record as of August 4, 2025. About Five Star BancorpFive Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has eight branches in Northern California. For more information, visit Special Note Concerning Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company's beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as 'may,' 'could,' 'should,' 'will,' 'would,' 'believe,' 'anticipate,' 'estimate,' 'expect,' 'aim,' 'intend,' 'plan,' or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company's expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company's control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company's forward-looking information and statements proves incorrect, then the Company's actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company's forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the three months ended March 31, 2025, in each case under the section entitled 'Risk Factors,' and other documents filed by the Company with the Securities and Exchange Commission from time to time. The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law. Investor Contact:Heather C. Luck, Chief Financial OfficerFive Star Bancorp(916) 626-5008hluck@ Media Contact:Shelley R. Wetton, Chief Marketing OfficerFive Star Bancorp(916) 284-7827swetton@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
11-07-2025
- Business
- Globe and Mail
EZ Sacramento Junk Removal Launches with Free, No-Obligation Estimates
EZ Sacramento Junk Removal LLC is celebrating the launch of their new Junk Removal Service in the Sacramento area by providing free, no-obligation estimates to all potential clients. Further information can be found at Rancho Cordova, California--(Newsfile Corp. - July 11, 2025) - EZ Sacramento Junk Removal today announced its official launch, introducing a professional junk removal service for residents and businesses throughout the Sacramento area. The company addresses the growing need for reliable and efficient debris disposal by offering comprehensive solutions, from single-item pickups to full property cleanouts, all initiated with a transparent, no-obligation estimate. EZ Sacramento Junk Removal Launches with Free, No-Obligation Estimates To view an enhanced version of this graphic, please visit: The launch provides the community with a dependable partner for managing unwanted clutter, which can range from old furniture and broken appliances to construction debris and yard waste. For many property owners, the process of clearing out such items is a significant challenge, often involving logistical hurdles and concerns about proper disposal. The team providing junk removal in Sacramento is positioned to solve this problem by a streamlined, professional service that handles all aspects of hauling and disposal, with a commitment to recycling and donating items whenever possible. The company's service portfolio is designed to be comprehensive. Residential services include garage and attic cleanouts, furniture and appliance removal, and yard waste disposal. For commercial clients, EZ Sacramento Junk Removal offers office cleanouts, construction site cleanup, and management of e-waste, ensuring that businesses can maintain clean and productive environments. The operational model emphasizes convenience and reliability, with a focus on timely arrivals and courteous, efficient work. "We saw a clear need in Sacramento for a junk removal service that is not only efficient but also prioritizes professionalism and customer trust," said Matthew Mair, spokesperson for EZ Sacramento Junk Removal. "Everyone appreciates a clean space, and our goal is to make the process of getting there easier than ever. We're not just removing junk; we're helping our neighbors reclaim their homes and offices by providing a service that is straightforward and reliable from the very first call." Residents and businesses can learn more about their services and schedule a free, no-obligation estimate by visiting the company's website or by calling directly. About EZ Sacramento Junk Removal Based in Rancho Cordova, EZ Sacramento Junk Removal is a licensed and insured business providing professional junk hauling and debris removal services to the greater Sacramento, California, community. The company is dedicated to offering fast, reliable, and transparent solutions for both residential and commercial clients, with a strong focus on responsible disposal practices, including recycling and donation. Keyword Tags: junk removal, debris removal, Sacramento junk hauling, furniture removal, property cleanout, commercial junk service, residential hauling
Yahoo
10-07-2025
- Business
- Yahoo
Five Star Bancorp Announces Second Quarter 2025 Earnings Release Date and Webcast
RANCHO CORDOVA, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) ('Five Star' or the 'Company'), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the 'Bank'), expects to report its financial results for the quarter ended June 30, 2025, after the stock market closes on Wednesday, July 23, 2025. Management will host a live webcast for analysts and investors to review this information at 1:00 PM ET (10:00 AM PT) on July 24, 2025. The live webcast will be accessible from the 'News & Events' section of the Company's website under 'Events' at Please pre-register for the event using this link. The webcast will be archived on the Company's website for a period of 90 days. About Five Star BancorpFive Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has eight branches in Northern California. For more information, visit Investor Contact:Heather C. Luck, Chief Financial OfficerFive Star Bancorp(916) 626-5008hluck@ Media Contact:Shelley R. Wetton, Chief Marketing OfficerFive Star Bancorp(916) 284-7827swetton@
Yahoo
08-07-2025
- Business
- Yahoo
AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Vision Service Plan and Its Subsidiaries
OLDWICK, N.J., July 08, 2025--(BUSINESS WIRE)--AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a-" (Excellent) of Vision Service Plan (Rancho Cordova, CA) and its subsidiaries, collectively known as VSP Vision. The outlook assigned to these Credit Ratings (ratings) is stable. (See below for a detailed listing of the subsidiaries.) The ratings reflect VSP Vision's balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM). The ratings of VSP Vision and its subsidiaries were placed under review with developing implications following the announcement that the company entered into a definitive agreement to acquire Eyemart Express, a national optical retailer. The Eyemart Express acquisition is expected to broaden the organization's footprint through its more than 250 locations. Eyemart Express locations are generally in smaller cities and towns as compared with the company's Visionworks, Inc. (Visionworks) retail locations, which are more concentrated in larger cities. AM Best assesses the group's balance sheet strength as adequate. Historically, the organization's balance sheet strength has been pressured by large acquisitions, including Visionworks and iCare Health Solutions. Additionally, financial flexibility is viewed as relatively limited due to a high level of financial leverage; however, VSP Vision does benefit from favorable cash flow and liquidity metrics. The group's balance sheet strength is further aided by its very strong level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), which has been driven by the continued growth of capital and surplus and supported by consistent operating earnings. VSP Vision continues to benefit from its favorable business profile assessment, as the group maintains a leading market share in the vision care benefit marketplace, with a well-established network of providers and strong brand recognition. The addition of Eyemart Express enhances the organization's already substantial network of retail vision care locations and improves VSP Vision's competitive advantage in the integrated vision care space. The group does face competition from a wide variety of companies, including traditional and non-traditional vision service providers and insurance carriers. However, as the vision landscape has evolved, the group has adequately innovated to remain a market leader. The ratings also reflect VSP Vision's appropriate ERM assessment. The organization has maintained a developed ERM framework, with clear risk appetite and tolerance levels in place. VSP Vision balances risk and opportunity while ensuring risks are managed within the group's risk tolerance and portfolio risk appetite. The FSR of A- (Excellent) and the Long-Term ICRs of "a-" (Excellent) have been removed from under review with developing implications, affirmed and assigned stable outlooks for the following subsidiaries of VSP Vision: Eastern Vision Service Plan, Inc. VSP Vision Care, Inc. Vision Service Plan Insurance Company (OH) Vision Service Plan of Illinois, NFP Vision Service Plan Insurance Company (MO) Vision Service Plan (CA) This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Jon Housel Financial Analyst +1 908 882 1898 Joseph Zazzera Director +1 908 882 2442 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318
