Friday, May 16, 2014

Florida Company Average Stock Market Prices Up 407% Under Obama, a Democratic US Senate and a Quantitative Easing US Fed, After Being Down 53% During Financial Meltdown

I found 87 Florida Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date May 15, 2014.
I also included 2 Florida Companies which were sold in December 2013 and in January 2014.  And I also included 3 Florida Companies whose common stock first started trading in 2008.  That makes a total of 92 Florida Companies.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 92 Florida Companies had their average stock market prices decline by a huge 53% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly more than five years since March 6, 2009, the average stock market prices of these same 92 Florida Companies have increased by a very impressive 407% through May 15, 2014, led mainly by BFC Financial having its stock market price increase by 36 times over the most recent roughly 5 years.

In addition to BFC Financial, there were another 8 Florida Companies which had their stock market prices increase by at least 10 times in the most recent roughly 5 years..... Ruth's Hospitality Group up 15 times, B/E Aerospace up 14 times, Federated National Holding up 12 times, Hertz Global Holdings up 12 times, HSN Inc up 12 times, Marinemax up 11 times, Stein Mart up 11 times, and Web.com Group up 10 times.
 
In similar fashion, from the US Bureau of Labor Statistics, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.

In like manner, Florida's unemployment rate more than doubled, going from 4.7% in December 2007 to 11.2% in October 2009.  And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), going full throttle, coupled with the Quantitative Easing by the US Fed, the Florida State unemployment rate declined precipitously, going from 11.2% in October 2009 to 6.2% in the most recently reported April 2014.

Below here are the stock market prices of each of these 92 Florida Companies on May 15, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:







Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Florida Company HQs
5-15-14 3-6-09 12-31-07 5-15-14 3-6-09



$s $s $s

BFC Financial Ft Lauderdale FL         4.06      0.11      0.17 3591% -35%
Ruth's Hospitality Group Winter Park FL       12.04      0.74      8.94 1527% -92%
B/E Aerospace Wellington FL       96.41      6.51    52.90 1381% -88%
Federated National Holding Sunrise FL       22.28      1.72    13.44 1195% -87%
Hertz Global Holdings Estero FL       28.44      2.24    15.89 1170% -86%
HSN Inc St Petersburg FL       54.25      4.29    10.90 1165% -61%
Marinemax Clearwater FL       14.65      1.22    15.50 1101% -92%
Stein Mart Jacksonville FL       12.85      1.08      4.74 1090% -77%
Web.com Group Jacksonville FL       33.02      2.93    11.61 1027% -75%
WellCare Health Plans Tampa FL       72.28      6.64    42.41 989% -84%
Opko Health Miami FL         8.17      0.80      2.85 921% -72%
Liberator Medical  Stuart FL         3.82      0.41      0.90 832% -54%
Ultimate Software Group Weston FL      117.21    13.19    31.47 789% -58%
Royal Caribbean Cruises Miami FL       51.95      5.93    42.44 776% -86%
Dycom Palm Beach Gardens FL       31.49      3.72    26.65 747% -86%
Office Depot Boca Raton FL         5.38      0.68    13.91 691% -95%
Nicholas Financial Clearwater FL       14.55      1.86      6.57 681% -72%
PGT Inc North Venice FL         8.03      1.05      4.76 665% -78%
Beasley Broadcast Group Naples FL         7.35      1.00      5.20 635% -81%
Tupperware Brands Orlando FL       83.61    11.40    33.03 633% -65%
Health Management Associates Naples FL       13.31      1.86      5.98 616% -69%
Spanish Broadcasting System Miami FL         6.25      0.90    18.50 594% -95%
Quality Distribution Tampa FL       13.21      1.94      4.44 581% -56%
Ladenburg Thalmann Fincl Svcs Miami FL         2.70      0.41      2.12 559% -81%
Lennar Miami FL       38.49      6.08    17.89 533% -66%
ARC Group Worldwide Deland FL       12.96      2.15      3.86 504% -44%
Elizabeth Arden Miramar FL       25.31      4.29    20.35 490% -79%
HEICO Hollywood FL       54.90      9.40    22.32 484% -58%
AutoNation Fort Lauderdale FL       54.32      9.72    15.66 459% -38%
Jabil Circuit St Petersburg FL       17.80      3.26    15.27 446% -79%
Interval Leisure Group Miami FL       19.63      3.67    13.20 435% -72%
United Insurance Holdings St Petersburg FL       15.95      3.00      7.24 432% -59%
Sun Hydraulics Sarasota  FL       36.66      7.18    16.82 411% -57%
SBA Communications Boca Raton FL       99.62    19.99    33.84 398% -41%
Neogenomics Fort Myers FL         3.37      0.75      1.08 349% -31%
Walter Investment Management Tampa FL       28.81      6.50    19.00 343% -66%
MAKO Surgical Ft Lauderdale FL       29.99      6.81      9.18 340% -26%
Ryder System Miami FL       82.19    19.41    47.01 323% -59%
Raymond James Financial St Petersburg FL       48.29    11.48    32.66 321% -65%
MEDNAX Sunrise FL       57.16    13.62    34.08 320% -60%
CSX Corp Jacksonville FL       29.07      7.20    14.66 304% -51%
Stonegate Bank Fort Lauderdale FL       24.05      6.00    11.00 301% -45%
Chico's FAS Fort Myers FL       15.77      4.03      9.03 291% -55%
Kforce Tampa FL       21.59      5.59      9.75 286% -43%
MasTec Coral Gables FL       39.06    10.31    10.17 279% 1%
Tech Data Clearwater FL       62.29    16.60    37.72 275% -56%
Perry Ellis Intl Miami FL       14.56      3.94    15.38 270% -74%
FARO Technologies Lake Mary FL       41.17    11.28    27.18 265% -58%
Roper Industries Sarasota FL      138.71    38.11    50.24 264% -24%
Universal Insurance Holdings Fort Lauderdale FL       12.39      3.44      7.41 260% -54%
Fidelity National Information Services Jacksonville FL       53.80    16.39    12.90 228% 27%
Watsco Coconut Grove FL       99.65    31.95    36.76 212% -13%
Parkervision Jacksonville FL         5.02      1.62    15.82 210% -90%
ACI  Worldwide Naples FL       53.32    18.00    19.04 196% -5%
Superior Uniform Group Seminole FL       15.88      5.38      9.95 195% -46%
Rayonier Jacksonville FL       45.14    15.59    31.49 190% -51%
The GEO Group Boca Raton FL       33.58    11.75    28.00 186% -58%
Citrix Systems Ft Lauderdale FL       60.82    21.76    38.01 180% -43%
National Retail Properties Orlando FL       35.03    12.96    23.38 170% -45%
Hackett Group Miami FL         5.99      2.25      4.84 166% -54%
Regency Centers Jacksonville FL       53.20    22.02    64.49 142% -66%
Harris Corp Melbourne FL       74.89    31.41    62.68 138% -50%
Equity One North Miami Beach FL       22.44      9.74    23.03 130% -58%
Landstar System Jacksonville FL       62.84    27.80    42.15 126% -34%
National Beverage Ft Lauderdale FL       17.39      7.77      8.04 124% -3%
Carnival Miami FL       38.54    17.30    44.49 123% -61%
Fidelity National Financial Jacksonville FL       33.61    15.11    14.70 122% 3%
Vector Group Miami FL       19.59      9.21    14.97 113% -38%
Parkway Properties Orlando FL       18.78      9.11    36.98 106% -75%
Steiner Leisure Coral Gables FL       39.62    19.34    44.16 105% -56%
Darden Restaurants Orlando FL       50.69    24.86    27.71 104% -10%
Patriot Transportation Jacksonville FL       31.35    15.99    31.15 96% -49%
RTI Surgical Alachua FL         4.32      2.31      8.68 87% -73%
Brown & Brown Daytona Beach FL       29.77    15.97    23.50 86% -32%
Seacor Holdings Ft Lauderdale FL       78.84    42.59    71.95 85% -41%
International Speedway Daytona Beach FL       30.39    16.49    41.18 84% -60%
Fresh Del Monte Produce Coral Gables FL       28.18    15.49    33.58 82% -54%
Exactech Gainesville FL       21.93    12.63    20.75 74% -39%
World Fuel Services Miami FL       44.72    26.45    29.03 69% -9%
Consolidated Tomoka Land Daytona Beach FL       38.91    23.06    62.68 69% -63%
Alico Fort Myers FL       37.18    22.67    36.50 64% -38%
Sykes Enterprises Tampa FL       20.04    13.92    18.00 44% -23%
Catalyst Pharmaceutical Partners Coral Gables FL         1.77      1.25      3.45 42% -64%
CenterState Banks Davenport FL       10.34      7.77    12.10 33% -36%
Capital City Bank Group Tallahassee FL       13.06      9.98    28.22 31% -65%
The St Joe Company WaterSound FL       20.34    15.67    35.51 30% -56%
Cross Country Healthcare Boca Raton FL         5.57      5.47    14.24 2% -62%
PetMed Express Pompano Beach FL       13.09    13.66    12.10 -4% 13%
Seacoast Banking of Florida Stuart FL       10.12    10.85    51.40 -7% -79%
FTI Consulting West Palm Beach FL       29.58    45.75    61.64 -35% -26%
Odyssey Marine Exploration Tampa FL         1.61      2.87      6.19 -44% -54%
ARMOUR Residential REIT Vero Beach FL         4.21      9.53      9.05 -56% 5%








Average % Change all 92




407% -53%