Thursday, July 25, 2013

Florida Corps Average Stock Prices Up 212% Since President Obama Took Office

I found 97 Corps filing with the SEC, which were headquartered in the State of Florida, which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also had their common stock trading at both the beginning of the Obama Administration and on yesterday, July 24, 2013 or were acquired in the most recent 12 months.

How did the stock prices fare over this four and a half year period?  Well fantastically, with an  average stock price increase of 212%, which you can see in the below chart.  This 212% increase was more than double that of the S&P 500 Stock Index over the same time period.  Yeah, there is something really special that has happened to Florida Corps all over the State during the Obama Administration. 


Market Market Percentage

Florida Price Price Increase

HQs 7/24/2013 1/16/2009 (Decrease)





Dow Industrials Index
15,542.24 8,281.22 88%
S&P 500 Index
1,685.94 850.12 98%
S&P Mid-Cap 400 Index
1,229.85 516.75 138%
S&P SmallCap 600 Index
586.80 247.89 137%





Companies Headquartered in Florida



HSN Inc St Petersburg $59.51 $5.16 1053%
BFC Financial Fort Lauderdale $2.84 $0.25 1036%
PGT Inc Nokomis $10.03 $1.01 893%
Stein Mart Jacksonville $14.01 $1.51 828%
Ultimate Software Group Weston $130.77 $14.11 827%
Health Management Associates Naples $15.02 $1.68 794%
Ruth's Hospitality Group Heathrow $11.53 $1.29 794%
Web.com Group Jacksonville $26.69 $3.19 737%
Metropolitan Health Networks (1) Boca Raton $11.25 $1.44 681%
B/E Aerospace Wellington $70.26 $9.07 675%
HCI Group Tampa $34.60 $4.60 652%
Elizabeth Arden Miramar $44.03 $7.06 524%
AutoNation Fort Lauderdale $46.04 $8.42 447%
Wellcare Health Plans Tampa $62.76 $11.63 440%
Opko Health Miami $7.57 $1.43 429%
Hertz Fort Myers $26.76 $5.27 408%
Nicholas Financial Clearwater $15.01 $3.02 397%
Walter Investment Management (2)Tampa $37.99 $8.00 375%
Perry Ellis International Miami $20.63 $4.40 369%
Authentec (3) Melbourne $8.00 $1.75 357%
Lennar Miami $33.92 $7.85 332%
Chicos Fas Ft Myers $16.82 $3.91 330%
SBA Communications Boca Raton $78.12 $18.45 323%
MarineMax Clearwater $10.30 $2.44 322%
Bluegreen (4) Boca Raton $10.00 $2.40 317%
Quality Distribution Tampa $10.64 $2.58 313%
Tupperware Brands Orlando $82.50 $21.40 286%
Jabil Circuit St Petersburg $22.41 $5.92 279%
Interval Leisure Group Miami $21.69 $5.83 272%
Royal Caribbean Miami $36.37 $9.85 269%
Dycom Industries Palm Beach Gardens $26.45 $7.43 256%
Beasley Broadcast Group Naples $9.35 $2.91 221%
Roper Industries Sarasota $131.76 $42.08 213%
HeartWare International (5) Miami Lakes $93.33 $30.00 211%
Sun Hydraulics Sarasota $32.18 $10.87 196%
Heico Hollywood $56.47 $19.10 196%
Mednax Sunrise $95.32 $32.49 193%
Citrix Systems Fort Lauderdale $67.49 $23.23 191%
MasTec Coral Gables $33.64 $11.69 188%
Rayonier Jacksonville $57.71 $20.16 186%
Universal Insurance Holdings Ft Lauderdale $7.99 $2.86 179%
FARO Technologies Lake Mary $37.99 $13.66 178%
Ladenburg Thalman Financial Services Miami $1.97 $0.72 174%
Raymond James Financial St Petersburg $43.81 $16.20 170%
Fidelity National Information Services Jacksonville $44.32 $16.44 170%
Tech Data Clearwater $50.94 $19.41 162%
Watsco Coconut Grove $93.13 $35.81 160%
CSX Jacksonville $24.94 $9.94 151%
United Insurance Holdings Saint Petersburg $7.51 $3.00 150%
World Fuel Services Miami $40.01 $16.74 139%
Steiner Leisure Coral Gables $57.25 $24.75 131%
National Retail Properties Orlando $35.87 $15.71 128%
Kforce Tampa $15.41 $6.81 126%
Spanish Broadcasting System (8) Miami $3.39 $1.50 126%
Geo Group Boca Raton $35.53 $17.40 104%
National Beverage Ft Lauderdale $17.93 $9.15 96%
Hackett Group Miami $5.58 $2.93 90%
Darden Restaurants Orlando $48.38 $25.97 86%
Ryder System Miami $61.66 $34.75 77%
Carnival Miami $36.92 $21.11 75%
MAKO Surgical Fort Lauderdale $12.26 $7.15 71%
SEACOR Holdings Ft Lauderdale $86.76 $50.73 71%
Great Florida Bank Miami Lakes $2.91 $1.75 66%
PSS World Medical (6) Jacksonville $29.00 $17.88 62%
Brown & Brown Tampa $33.30 $20.61 62%
RTI Surgical Alachua $4.20 $2.60 62%
Office Depot Boca Raton $4.31 $2.75 57%
Equity One North Miami Beach $23.59 $15.07 57%
Exactech Gainesville $21.98 $14.09 56%
Patriot Transportation Holding Jacksonville $35.49 $23.41 52%
Landstar System Jacksonville $51.60 $34.07 51%
Alico La Belle $45.41 $31.61 44%
Vector Group Miami $16.42 $11.44 44%
Fidelity National Financial Jacksonville $24.49 $17.48 40%
Regency Centers Jacksonville $53.36 $38.48 39%
Harris Corp Melbourne $52.80 $41.54 27%
International Speedway Daytona Beach $35.19 $27.76 27%
Lender Processing Services Jacksonville $32.60 $26.87 21%
Fresh Del Monte Produce Coral Gables $28.15 $24.96 13%
PetMed Express Pompano Beach $17.12 $16.74 2%
Sykes Enterprises Tampa $17.69 $17.51 1%
Ecosphere Technologies Stuart $0.31 $0.31 0%
Odyssey Marine Exploration Tampa $3.33 $3.51 -5%
St. Joe Co. Watersound $22.25 $25.00 -11%
MeetMe West Palm Beach $1.67 $1.93 -13%
Cross Country Healthcare Boca Raton $5.71 $8.37 -32%
Centerstate Banks Winter Haven $9.47 $14.36 -34%
AV Homes Kissimmee $16.87 $26.16 -36%
Lighting Science Group Satellite Beach $0.42 $0.90 -53%
Seacoast Banking Corp of Florida Stuart $2.35 $5.13 -54%
eDiets.com (7) Fort Lauderdale $0.76 $2.58 -71%
Comprehensive Care Tampa $0.11 $0.51 -78%
Florida Gaming Corp Miami $0.20 $2.60 -92%
Accentia Biopharmaceuticals Tampa $0.01 $0.20 -95%
Jacksonville Bancorp Jacksonville $0.52 $11.10 -95%
Avantair Clearwater $0.02 $0.87 -98%
OptimumBank Holdings (8) Plantation $1.50 $74.56 -98%





Average Increase: all 97 Florida Corps


212%





Dow Industrials Index
15,542.24 8,281.22 88%
S&P 500 Index
1,685.94 850.12 98%
S&P Mid-Cap 400 Index
1,229.85 516.75 138%
S&P SmallCap 600 Index
586.80 247.89 137%



(1) Metropolitan Health Networks was acquired by Humana in Dec 2012 for $11.25
(2) Walter Investment Management was spun off and its stock first started trading in Apr 2009
(3) Authentec was acquired by Apple in Oct 2012 for $8.00
(4) Bluegreen was acquired by BFC Financial in Mar 2013 for $10.00
(5) HeartWare International's stock first started trading in Feb 2009
(6) PSS World Medical was acquired by McKesson in Feb 2013 for $29.00
(7) eDiets.com was acquired by As Seen on TV in Mar 2013 for $0.76
(8) 2009 stock prices restated for reverse stock splits