Wednesday, May 27, 2015

Tampa/St Pete, FL Companies 2 Year 2014 and 2013 Audited Earnings Were $2.513 Bil, a $5.755 Bil Earnings Improvement From the 2 Year 2009 and 2008 Audited Losses of $3.242 Bil

From a very thorough review of SEC filings, I found 7 Companies headquartered in the Tampa/St Pete, Florida Area with Stock Market Capitalizations now of at least $1 bil and which have filed financial statements with the SEC which included earnings disclosures for all fiscal years from 2007 through the current year 2014.

So just how have these 7 largest Tampa/St Pete, Florida Area Companies done on the earnings front before, during and after the 2008 financial meltdown?  Just incredibly well.

The Two Year Total Audited Net Income from Continuing Operation of these 7 largest Tampa/St Pete, Florida Area Companies was $2.513 bil in their Two Most Recent Fiscal Years 2014 and 2013, an increase of a spectacular $5.755 bil over the $3.242 bil Two Year Total Losses generated by these same 7 companies in their 2009 and 2008 fiscal year ends.

Below here are the US GAAP Audited Net Income (Losses) of each of these 7 largest Tampa/St Pete, Florida Area Companies for all of their fiscal years from 2008 through 2014:


2014 2013 2012 2011 2010 2009 2008



Audited Audited Audited Audited Audited Audited Audited


Net Net Net Net Net Net Net


2014 Income Income Income Income Income Income Income

City FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Tampa/St Pete Area Co HQs
mil $s mil $s mil $s mil $s mil $s mil $s mil $s



$ $ $ $ $ $ $
Raymond James Financial St Petersburg Sep         448         397         292         268         223         140         231
Tech Data Clearwater Jan 15         175         180         183         217         219         181         115
HSN Inc St Petersburg Dec         173         178         136         123           99           72   (2,124)
Bloomin' Brands Tampa Dec           96         215           61         109           59         (65)       (866)
WellCare Health Plans Tampa Dec           64         175         185         264         (53)           40         (37)
Sykes Enterprises Tampa Dec           58           37           40           52           26           45           60
Jabil Circuit St Petersburg Aug           (2)         319         334         383         171   (1,166)         132










Total all 7

    1,012     1,501     1,231     1,416         744       (753)   (2,489)










Two Years Earnings(Losses):








…2014 and 2013

    2,513





…2009 and 2008

  (3,242)





…. Two Year Earnings Improvement

    5,755






As much as anyone, Tampa Area US House of Representatives Congresswoman Kathy Castor is responsible for the exceptional earnings improvement of these Tampa-St Pete Area Companies.







Tampa/St Pete Florida Companies Stock Market Prices Up 663% Since March 6, 2009

But it's not just Southeast Florida Companies stock market prices that have rocked since March 6, 2009.

Tampa-St Pete Companies average stock market prices have done even better ..... up 663%. All 13 of them are up, with the lowest stock market price appreciation being up 76%.

Below here are stock market prices today May 27, 2015, on March 6, 2009 and on December 31, 2007 for the 13 Tampa-St Pete Florida Headquartered Companies with Stock Market Caps now of at least $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date May 27, 2015, 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



Price Price Price to to to
Tampa-St Pete Area Florida Co. HQs
5-27-15 3-6-09 12-31-07 5-27-15 3-6-09 5-27-15


 $   $   $ 


Marinemax Clearwater FL      23.52        1.22      15.50 1828% -92% 52%
HSN Inc St Petersburg FL      67.81        4.29      10.90 1481% -61% 522%
WellCare Health Plans Tampa FL      83.10        6.64      42.41 1152% -84% 96%
Quality Distribution Tampa FL      15.84        1.94        4.44 716% -56% 257%
Jabil Circuit St Petersburg FL      24.66        3.26      15.27 656% -79% 61%
Nicholas Financial Clearwater FL      13.46        1.86        6.57 622% -72% 105%
Superior Uniform Group Seminole FL      18.81        2.69        4.98 599% -46% 278%
Raymond James Financial St Petersburg FL      58.53      11.48      32.66 410% -65% 79%
United Insurance Holdings St Petersburg FL      14.01        3.00        7.24 367% -59% 94%
Kforce Tampa FL      21.98        5.59        9.75 293% -43% 125%
Tech Data Clearwater FL      61.22      16.60      37.72 269% -56% 62%
Walter Investment Management Tampa FL      16.31        6.50      19.00 151% -66% -14%
Sykes Enterprises Tampa FL      24.44      13.92      18.00 76% -23% 36%









Average % Change all 13 Tampa-St Pete Florida Companies

663% -62% 135%

As much as anyone, Tampa Area US House of Representatives Congresswoman Kathy Castor is responsible for the exceptional performance of these Tampa-St Pete Area Companies.


Massive Drop in Unemployment Rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area

The US Bureau of Labor reported that the unemployment rate for the Miami-Fort Lauderdale-West Palm Beach, Florida Metropolitan Statistical Area has dropped precipitously from 11.3% for the 2011 Average to only 5.5% in the most recently reported March 2015.

Southeast Florida Companies Stock Market Prices Up 628% Since March 6, 2009

Since President Obama will be present at several DNC Fundraisers in Southeast Florida today, I think it would be helpful to update how Southeast Florida Area Companies have been doing on the Stock Market Price Front.

Below here are stock market prices today May 27, 2015, on March 6, 2009 and on December 31, 2007 for the 38 Southeast Florida Headquartered Companies with Stock Market Caps now of at least $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date May 27, 2015, 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



Price Price Price to to to
Southeast Florida Co. HQs
5-27-15 3-6-09 12-31-07 5-27-15 3-6-09 5-27-15



$ $ $


BFC Financial Ft Lauderdale FL        3.69        0.11        0.17 3255% -35% 2071%
Opko Health Miami FL      17.89        0.80        2.85 2136% -72% 528%
Dycom Palm Beach Gardens FL      58.58        3.72      26.65 1475% -86% 120%
Federated National Holding Sunrise FL      26.08        1.72      13.44 1416% -87% 94%
Office Depot Boca Raton FL        9.26        0.68      13.91 1262% -95% -33%
Royal Caribbean Cruises Miami FL      77.47        5.93      42.44 1206% -86% 83%
Ultimate Software Group Weston FL     167.92      13.19      31.47 1173% -58% 434%
Jarden Boca Raton FL      54.17        4.28      10.49 1167% -59% 416%
B/E Aerospace Wellington FL      59.69        4.71      38.30 1167% -88% 56%
ERBA Diagnostics Miami FL        2.73        0.32        0.49 753% -35% 457%
Ladenburg Thalmann Fincl Svcs Miami FL        3.32        0.41        2.12 710% -81% 57%
Lennar Miami FL      47.18        6.08      17.89 676% -66% 164%
Universal Insurance Holdings Fort Lauderdale FL      25.73        3.44        7.41 648% -54% 247%
Interval Leisure Group Miami FL      26.12        3.67      13.20 612% -72% 98%
AutoNation Fort Lauderdale FL      63.28        9.72      15.66 551% -38% 304%
Perry Ellis Intl Miami FL      25.19        3.94      15.38 539% -74% 64%
HEICO Hollywood FL      59.09        9.40      22.32 529% -58% 165%
SBA Communications Boca Raton FL     112.74      19.99      33.84 464% -41% 233%
Hackett Group Miami FL      11.99        2.25        4.84 433% -54% 148%
MEDNAX Sunrise FL      70.65      13.62      34.08 419% -60% 107%
Stonegate Bank Fort Lauderdale FL      30.17        6.00      11.00 403% -45% 174%
Ryder System Miami FL      94.77      19.41      47.01 388% -59% 102%
Watsco Coconut Grove FL     127.00      31.95      36.76 297% -13% 245%
Elizabeth Arden Miramar FL      14.84        4.29      20.35 246% -79% -27%
The GEO Group Boca Raton FL      38.15      11.75      28.00 225% -58% 36%
Catalyst Pharmaceutical Partners Coral Gables FL        3.95        1.25        3.45 216% -64% 14%
Citrix Systems Ft Lauderdale FL      65.90      21.76      38.01 203% -43% 73%
Carnival Miami FL      47.59      17.30      44.49 175% -61% 7%
National Beverage Ft Lauderdale FL      20.58        7.77        8.04 165% -3% 156%
Equity One North Miami Beach FL      25.21        9.74      23.03 159% -58% 9%
Steiner Leisure Coral Gables FL      48.34      19.34      44.16 150% -56% 9%
Fresh Del Monte Produce Coral Gables FL      38.22      15.49      33.58 147% -54% 14%
Vector Group Miami FL      22.13        9.21      14.97 140% -38% 48%
Cross Country Healthcare Boca Raton FL      10.69        5.47      14.24 95% -62% -25%
World Fuel Services Miami FL      50.30      26.45      29.03 90% -9% 73%
MasTec Coral Gables FL      17.55      10.31      10.17 70% 1% 73%
Seacor Holdings Ft Lauderdale FL      70.00      42.59      71.95 64% -41% -3%
PetMed Express Pompano Beach FL      16.59      13.66      12.10 21% 13% 37%









Average % Change all 38 Southeast Florida Companies


628% -53% 180%

As you can easily see from the above chart, there has been something upwardly explosive happening with the stock market prices of Southeast Florida Companies and among others, President Obama, Florida US Senator Bill Nelson, and the 6 US House members serving these Southeast Florida Districts led by the superb DNC Chair Debbie Wasserman Schultz but also including Ted Deutch, Lois Frankel, Alcee Hastings, Patrick Murphy and Frederica Wilson, have all undoubtedly helped here.

All 38 of them have experienced stock market price appreciation since March 6, 2009.

And 9 of the 38, or 24% of them, had at least Ten-Bagger Stock Market Price Appreciation.