Wednesday, June 18, 2014

Virginia Company Stock Prices Up Sharply in the Most Recent Month

I found 68 Virginia 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 June 17, 2014.
I also included a company whose common stock first started trading during 2008.  And I also included a company which was sold in 2014.  That makes it 70 Virginia Companies.

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

These 70 Virginia Companies had their average stock market prices decline by a huge 44% 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 five years and three months since March 6, 2009 through June 17, 2014, the equal-company-weighted average stock market prices of these same 70 Virginia Companies have increased by a very impressive 379%.

Three of these 70 Virginia Companies had their stock market prices increase by more than 20 times in the most recent 5 years and three months.  Seven of them had their stock market prices advance more than 10 times.  And 12 of them had their stock market prices increase more than 7.6 times.

These 70 Virginia Companies had their average stock market prices increase sharply in the most recent month.  To illustrate this point, the average stock market prices of these Virginia Companies had increased by a lower 349% in the five years and two months from March 6, 2009 through May 9, 2014, as compared with a much higher 379% increase in the five years and three months from March 6, 2009 through June 17, 2014.

To illustrate the overall operational excellence of these 70 Virginia Companies, only 6 of them had their stock market prices decline in the five years and three months since March 6, 2009 through June 17, 2014.

Virginia citizens should be pleased with the strong performance of so many of their Virginia Companies during the Obama Administration.  

In similar fashion on the employment front, 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 spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, 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 May 2014.

In like manner, Virginia's unemployment rate more than doubled, going from 3.3% in December 2007 to 7.2% in October 2009. And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, going full throttle, coupled with the Quantitative Easing by the US Fed, the Virginia State unemployment rate declined sharply, going from 7.2% in October 2009 to 4.9% in the most recently reported April 2014.

I think there is a general feeling that the Obama Administration and the US Government as a whole does more to economically benefit Northern Virginia DC area businesses than it does to benefit the rest of Virginia businesses.  But you know what, the numbers don't bear this out.  The above 36 Northern Virginia DC area Companies had their average stock market prices increase by 366% in the most recent five years and three months, whereas the above 34 Virginia Companies located outside the DC area had their average stock market prices increase by a much higher 392% over the same time period. 

Below here are the stock market prices of  DC area of these 70 Virginia Companies on June 17, 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
Virginia Company HQs
6-17-14 3-6-09 12-31-07 6-17-14 3-6-09



$s $s $s

Measurement Specialties Hampton VA       77.75      2.73    22.10 2748% -88%
GTT Communications McLean VA         9.81      0.36      1.05 2625% -66%
Genworth Financial Richmond VA       17.66      0.84    25.45 2002% -97%
Bassett Furniture Bassett VA       13.31      0.82      9.34 1527% -91%
Gannett McLean VA       29.01      2.20    39.00 1219% -94%
NewMarket Corp Richmond VA      381.86    29.55    55.69 1192% -47%
Freddie Mac McLean VA         4.12      0.36    34.07 1044% -99%
Arlington Asset Investment Corp Arlington VA       27.69      2.60    62.80 965% -96%
Lumber Liquidators Toano VA       78.60      7.71      8.99 919% -14%
Capital One Financial McLean VA       80.90      8.31    47.26 874% -82%
Trex Co Winchester VA       30.29      3.48      4.26 772% -18%
Portfolio Recovery Associates Norfolk VA       58.55      6.73    13.22 770% -49%
MeadWestvaco Richmond VA       43.63      6.99    27.88 524% -75%
WidePoint McLean VA         1.56      0.25      1.07 524% -77%
MCG Capital Corp Arlington VA         3.52      0.61    11.59 477% -95%
Virginia Commerce Bancorp Arlington VA       16.26      2.96    10.66 449% -72%
ePlus Herndon VA       57.38    10.81    13.47 431% -20%
Corporate Executive Board Arlington VA       68.34    12.96    60.10 427% -78%
CarMax Richmond VA       44.29      8.68    19.75 410% -56%
MAXIMUS Reston VA       41.21      8.53      9.65 383% -12%
MicroStrategy Tysons Corner VA      143.43    33.80    95.10 324% -64%
comScore Reston VA       34.90      8.23    32.63 324% -75%
Dollar Tree Chesapeake VA       53.90    13.19      8.64 309% 53%
Northrop Grumman Falls Church VA      121.09    31.33    71.34 286% -56%
Norfolk Southern Norfolk VA      101.50    27.41    50.44 270% -46%
Cardinal Financial McLean VA       18.36      5.12      9.32 259% -45%
NVR Inc Reston VA   1,119.30  320.55  524.00 249% -39%
Advance Auto Parts Roanoke VA      125.95    36.43    37.99 246% -4%
Avalonbay Communities Arlington VA      140.25    42.14    94.14 233% -55%
Access National Reston VA       14.32      4.32      6.04 231% -28%
General Dynamics Falls Church VA      119.10    36.49    88.99 226% -59%
Beacon Roofing Supply Herndon VA       34.62    10.84      8.42 219% 29%
VSE Corp Alexandria VA       64.79    21.42    48.84 202% -56%
FBR & Co Arlington VA       27.88      9.60    38.32 190% -75%
Markel Glen Allen VA      650.27  225.21  491.10 189% -54%
C&F Financial Corp West Point VA       35.65    12.57    30.25 184% -58%
Monarch Financial Holdings Chesapeake VA       11.50      4.18      7.92 175% -47%
Altria Group Richmond VA       41.68    15.72    23.31 165% -33%
Hooker Furniture Martinsville VA       14.58      5.52    20.10 164% -73%
VeriSign Reston VA       51.38    20.06    37.61 156% -47%
Gladstone Commercial McLean VA       17.30      6.79    17.54 155% -61%
Union Bankshares Richmond VA       25.55    10.41    21.14 145% -51%
Orbital Sciences Dulles VA       29.43    12.18    24.52 142% -50%
Southern National Bancorp VA McLean VA       10.57      4.41      9.00 140% -51%
American Woodmark Winchester VA       32.25    13.88    18.18 132% -24%
Leidos Holdings Reston VA       38.98    17.54    20.12 122% -13%
Universal Corp Richmond VA       56.78    26.15    51.22 117% -49%
Alliant Techsystems Arlington VA      136.01    63.40  113.76 115% -44%
Computer Sciences Corp Falls Church VA       63.55    32.84    49.47 94% -34%
National Bankshares Blacksburg VA       31.95    18.03    17.10 77% 5%
CACI Intl Arlington VA       70.82    40.98    44.77 73% -8%
First Community Bancshares Bluefield VA       14.25      8.28    31.89 72% -74%
K12 Inc Herndon VA       24.63    14.75    25.87 67% -43%
Middleburg Financial Middleburg VA       18.53    11.31    21.32 64% -47%
Owens & Minor Mechanicsville VA       34.48    21.31    28.29 62% -25%
ICF Intl Fairfax VA       36.13    22.55    25.26 60% -11%
NeuStar Sterling VA       24.71    15.63    28.68 58% -46%
Shenandoah Telecommunications Edinburg VA       27.33    17.73    23.98 54% -26%
Tredegar Richmond VA       23.00    15.20    16.08 51% -5%
USA Mobility Springfield VA       14.71    10.32    14.30 43% -28%
American National Bankshares Danville VA       21.81    15.50    19.97 41% -22%
Towne Bank Portsmouth VA       15.94    11.84    15.63 35% -24%
Brink's Richmond VA       27.44    21.38    59.74 28% -64%
Dynex Capital Glen Allen VA         8.52      6.90      8.87 23% -22%
NTELOS Holdings Waynesboro VA       12.69    17.89    29.69 -29% -40%
ManTech Intl Fairfax VA       29.20    43.98    43.82 -34% 0%
NCI Inc Reston VA         9.76    26.25    17.11 -63% 53%
Alpha Natural Resources Bristol VA         3.57    10.13    35.75 -65% -72%
Strayer Education Herndon VA       55.50  159.43  170.58 -65% -7%
Hampton Roads Bankshares Virginia Beach VA         1.71  158.75  314.00 -99% -49%








Average % Change all 70




379% -44%




 

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