Saturday, February 21, 2015

Southeast Florida Area Companies Stock Market Prices Up 602% Since March 6, 2009

President Obama will be visiting Southeast Florida.....specifically Florida International University in Miami..... on this Wednesday, February 25, 2015 for a town-hall style meeting mainly on the key immigration issue.  Thus, as a backdrop for this Presidential visit,  I think it would be helpful to update just what has been going on with Southeast Florida businesses and the overall economy there.

In this first post I will be addressing the Southeast Florida Area Companies Stock Market Prices.

I found 36 Southeast Florida Area Headquartered Companies in the superb Google Finance website and 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 before the financial meltdown hit
  • On March 6, 2009, 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 February 20, 2015.
I also included 2 Southeast Florida Companies whose common stock first started trading in 2008.  That makes a total of 38 Southeast Florida Area Companies shown below.

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

These 38 Southeast Florida Area Companies had their equal-company weighted average stock market prices decline by a huge 53% from December 31, 2007 before the 2008 Financial Meltdown hit to March 6, 2009, 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 eleven and a half months since March 6, 2009 through the most recent date February 20, 2015, the average stock market prices of these same 38 Southeast Florida Area Companies have increased by an exceptional 602%.

There has been something upwardly explosive happening with the Greater Southeast Florida Area Companies Stock Market Prices in the most recent five years and eleven and a half months, and among others, President Obama, Ben Bernanke, Janet Yellen, US Florida Senators Bill Nelson and Marco Rubio, Florida Governor Rick Scott, all Area Mayors, Debbie Wasserman Schultz and also all other Greater Southeast Florida Area members in the US Congress as well as in the Florida State Legislature have all undoubtedly helped here. 

Below here are the stock market prices of each of these 38 Southeast Florida Area Companies on February 20, 2015, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market Market






Price Price Price






% % %






Change Change Change



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

City
Price Price Price to to to
Southeast Florida Company HQs
2-20-15 3-6-09 12-31-07 2-20-15 3-6-09 2-20-15



$ $ $


BFC Financial Ft Lauderdale FL       3.20       0.11       0.17 2809% -35% 1782%
Opko Health Miami FL      14.20       0.80       2.85 1675% -72% 398%
Federated National Holding Sunrise FL      28.42       1.72      13.44 1552% -87% 111%
Office Depot Boca Raton FL       9.49       0.68      13.91 1296% -95% -32%
B/E Aerospace Wellington FL      64.54       4.71      38.30 1269% -88% 69%
Royal Caribbean Cruises Miami FL      76.17       5.93      42.44 1184% -86% 79%
Ultimate Software Group Weston FL    168.88      13.19      31.47 1180% -58% 437%
Jarden Boca Raton FL      53.08       4.28      10.49 1141% -59% 406%
ERBA Diagnostics Miami FL       3.49       0.32       0.49 991% -35% 612%
Dycom Palm Beach Gardens FL      37.98       3.72      26.65 921% -86% 43%
Ladenburg Thalmann Fincl Svcs Miami FL       3.96       0.41       2.12 866% -81% 87%
Lennar Miami FL      50.32       6.08      17.89 728% -66% 181%
Interval Leisure Group Miami FL      25.84       3.67      13.20 604% -72% 96%
Universal Insurance Holdings Fort Lauderdale FL      23.16       3.44       7.41 573% -54% 213%
HEICO Hollywood FL      62.63       9.40      22.32 567% -58% 181%
AutoNation Fort Lauderdale FL      62.63       9.72      15.66 544% -38% 300%
SBA Communications Boca Raton FL    121.25      19.99      33.84 507% -41% 258%
Perry Ellis Intl Miami FL      23.03       3.94      15.38 485% -74% 50%
MEDNAX Sunrise FL      71.47      13.62      34.08 425% -60% 110%
Ryder System Miami FL      94.76      19.41      47.01 388% -59% 102%
Stonegate Bank Fort Lauderdale FL      28.33       6.00      11.00 372% -45% 158%
Elizabeth Arden Miramar FL      16.75       4.29      20.35 290% -79% -18%
Watsco Coconut Grove FL    116.78      31.95      36.76 266% -13% 218%
The GEO Group Boca Raton FL      42.76      11.75      28.00 264% -58% 53%
Hackett Group Miami FL       7.93       2.25       4.84 252% -54% 64%
Citrix Systems Ft Lauderdale FL      64.92      21.76      38.01 198% -43% 71%
National Beverage Ft Lauderdale FL      22.50       7.77       8.04 190% -3% 180%
Equity One North Miami Beach FL      26.99       9.74      23.03 177% -58% 17%
Catalyst Pharmaceutical Partners Coral Gables FL       3.40       1.25       3.45 172% -64% -1%
Vector Group Miami FL      23.20       9.21      14.97 152% -38% 55%
Carnival Miami FL      43.27      17.30      44.49 150% -61% -3%
Steiner Leisure Coral Gables FL      47.57      19.34      44.16 146% -56% 8%
Fresh Del Monte Produce Coral Gables FL      34.57      15.49      33.58 123% -54% 3%
Cross Country Healthcare Boca Raton FL      12.19       5.47      14.24 123% -62% -14%
World Fuel Services Miami FL      54.40      26.45      29.03 106% -9% 87%
MasTec Coral Gables FL      20.64      10.31      10.17 100% 1% 103%
Seacor Holdings Ft Lauderdale FL      73.98      42.59      71.95 74% -41% 3%
PetMed Express Pompano Beach FL      15.36      13.66      12.10 12% 13% 27%









Average % Change all 38




602% -53% 171%