CHCI

Shares of Comstock Holding Companies, Inc. CHCI have declined 7.3% since the company reported results for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 1.4% decline during the same period. Over the past month, the stock has fallen 8.8%, compared with a 3.7% gain for the broader benchmark index. Comstock reported first-quarter 2026 earnings per share of 19 cents, which rose from 15 cents a year earlier. Revenue of $17.4 million denoted a 38% rise from $12.6 million in the year-ago quarter, while net income rose 25% to $2 million from $1.6 million. Adjusted EBITDA climbed 6% year over year to $2.2 million. The company also expanded its managed portfolio to 100 assets from 76 in the prior-year period. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock continued to benefit from growth in its asset management and property management operations during the quarter. Stabilized commercial assets were 93% leased as of March 31, with seven commercial leases signed during the quarter covering about 38,000 square feet of office and retail space. Residential assets were 94% leased, with 150 units leased during the quarter.The company highlighted strong demand for trophy office space at Reston Station. 96% of the 1.3 million square feet of trophy-class office space across Reston Station’s five office towers is currently leased or reserved. Comstock’s ParkX subsidiary also posted notable growth, with revenue increasing 106% from the prior year. The business secured 13 new contracts during the quarter, including five new third-party agreements. Chairman and Chief Executive Officer Christopher Clemente attributed the quarter’s performance to the company’s focus on strategically located mixed-use and transit-oriented assets. He said expanding assets under management have helped generate diversified recurring fee-based revenue streams while supporting long-term growth. The company also emphasized the benefits of its debt-free balance sheet and fee-based business model. Management noted that long-term asset management agreements and vertically integrated operating subsidiaries provide recurring revenue streams and downside protection. Adjusted EBITDA growth was primarily driven by increases in recurring fee-based revenue from Comstock’s operating property management subsidiaries and higher...

Revenue growth of 38% highlights strong first quarter for CHCI Q1 2026 Revenue increased 38% to $17.4 million Net income increased 25% to $2.0 million Adjusted EBITDA increased 6% to $2.2 million Managed Portfolio 24 additional AUM vs. prior year ParkX secured 13 new contracts in Q1 and announced entry into food & beverage management Commercial and Residential stabilized assets remain well above 90% leased JW Marriott Residences Reston Station shatters Virginia record for most valuable condo sale ($10.25M) Real Estate Venture Platforms Institutional Venture Platform ("IVP") gains momentum Q1 acquisition of The Reed, a stabilized, transit-oriented 417-unit multifamily asset in Rockville, Md. Early Q2 acquisition of Woodland Pointe, a fully-leased office complex in Herndon, Va. Includes existing 185k sqft. office building and adds second "build-to-suit" office building into development pipeline RESTON, Va., May 14, 2026--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company") today announced financial results for the first quarter ended March 31, 2026. "Our Q1 results included a 38% increase in revenue and a 25% increase in net income — the direct result of our disciplined focus on the development and acquisition of strategically located, high-quality, in-demand assets positioned to outperform broader industry trends," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "The significant expansion of our assets under management has generated diversified, recurring fee-based revenue streams that create a strong foundation for consistent growth. Our streamlined, debt-free balance sheet enables us to execute on strategic, low-risk investment opportunities that will further drive revenue growth and produce above average returns on invested capital." As previously reported, the Company’s recently completed Trophy office towers in The Row at Reston Station remain in high demand for office tenants seeking highly amenitized, mixed-use, transit-oriented neighborhoods to attract their workforces back to the office, while the development’s residential, retail, and hospitality assets have continued to perform and near full stabilization. Additionally, residential and commercial acquisitions under the Company’s Institutional Venture Platform have generated significant transaction-related revenue, expanded the Co...

Shareholders were pleased with the recent earnings report from Comstock Holding Companies, Inc. (NASDAQ:CHCI). Investors should be cautious however, as there some causes of concern deeper in the numbers. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. This ratio tells us how much of a company's profit is not backed by free cashflow. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Comstock Holding Companies has an accrual ratio of 0.41 for the year to December 2025. Ergo, its free cash flow is significantly weaker than its profit. Statistically speaking, that's a real negative for future earnings. Indeed, in the last twelve months it reported free cash flow of US$4.4m, which is significantly less than its profit of US$17.1m. Comstock Holding Companies shareholders will no doubt be hoping that its free cash flow bounces back next year, since it was down over the last twelve months. Importantly, we note an unusual tax situation, which we discuss below, has impacted the accruals ratio. This would certainly have contributed to the weak cash conversion. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Comstock Holding Companies. In addition to the notable accrual ratio, we can see that Comstock Holding Companies received a tax benefit of US$4.2m. This is of course a bit out of the ordinary, given it is more common for companies to be paying tax than receiving tax benefits! We're sure the company was pleased with its tax benefit. However, the devil in the detail is that th...

Shares of Comstock Holding Companies, Inc. CHCI have rallied sharply following the company’s latest earnings release. Since reporting results for the quarter ended Dec. 31, 2025, the stock has gained 36.3%, significantly outperforming the S&P 500 index, which has declined 2.8% over the same period. The momentum is similarly evident over a shorter horizon, with CHCI advancing 36.2% in the past month compared with a 5.4% drop in the broader market. Comstock reported fourth-quarter 2025 earnings per share of $1.28, which climbed from 99 cents a year earlier. Revenues rose 42% to $23.9 million from $16.9 million in the prior-year period, while net income increased 31% to $13.5 million. Adjusted EBITDA soared 51% year over year to $8.1 million in the quarter under review. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Beyond headline financials, Comstock continued to expand its managed portfolio and operational footprint. The company reported 92 assets under management (AUM), representing a 28% increase from the prior year. Leasing activity remained robust, with approximately 410,000 square feet of commercial leases executed during the quarter and more than 600,000 square feet leased for the full year. Residential occupancy also remained strong, consistently exceeding 90% since early 2023. The ParkX subsidiary emerged as a notable growth driver, with revenues surging 123% year over year and 45 new contracts secured in fiscal 2025, including 19 in the fourth quarter alone. Additionally, the company’s stabilized commercial and residential portfolios both maintained high occupancy levels of around 93%, reflecting sustained demand for its properties. Management emphasized the consistency and durability of Comstock’s growth trajectory. CEO Christopher Clemente highlighted that 2025 marked the company’s seventh consecutive year of double-digit top-line growth, achieved while maintaining a debt-free balance sheet. He attributed the results to the quality of the company’s assets, its fee-based business model, and execution across its vertically integrated platform. The commentary underscores management’s confidence in the scalability of its asset-light strategy, which focuses on recurring fee income from asset and property management. Several factors contributed to the strong quarterly results. Increased leasi...

CHCI’s strong Q4 drives growth across all key performance metrics Company launches Data Center Platform - multiple data center projects to provide new revenue sources Multiple Institutional Venture Platform acquisitions anticipated to close in 2026 Q4 2025 Q4 revenue increased 42% to $23.9 million; Q4 net income increased 31% to $13.5 million, including 53% increase in operating income Q4 Adjusted EBITDA increased 51% to $8.1 million Fiscal Year 2025 YTD revenue increased 23% to $62.9 million - 28th consecutive quarter of YoY growth YTD net income increased 17% to $17.1 million YTD Adjusted EBITDA increased 16% to $13.4 million Managed Portfolio Commercial and Residential assets remain amongst the most in-demand and highly leased in the region 410,000 sqft. of commercial leases executed in Q4 alone; more than 600,000 sqft. in 2025 Residential leased occupancy has remained above 90% since Q1 2023 20 additional AUM vs. prior year, including 3 new ParkX third-party contracts added in Q4 Real Estate Venture Platforms Institutional Venture Platform ("IVP") acquisitions among Company’s primary FY 2026 objectives Previously announced acquisition of stabilized multifamily property in Rockville, Md. closing in Q1 2026; Additional IVP acquisition expected to close in Q2 2026 Data Center Platform ("DCP") announced, initially focusing on two strategic partnerships established in connection with large-scale data center campus developments in Oklahoma and the Mid-Atlantic region RESTON, Va., March 17, 2026--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company") today announced financial results for the fourth quarter and fiscal year ended December 31, 2025. "I am pleased to announce Comstock’s 7th consecutive year of double-digit annual top-line growth while maintaining a debt-free balance sheet," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "Our success in 2025 is a testament to the quality of the assets we develop and manage, the best-in-class services we provide, and the commitment of every team member to deliver exceptional experiences for our customers and extraordinary results for our shareholders." Key Performance Metrics In 2025, the Company delivered multiple significant buildings in Reston Station’s highly anticipated second phase, The Row at Reston Station. The 1.6 million square foot phase...

Shares of Comstock Holding Companies, Inc. CHCI have declined 22.6% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares to the S&P 500 index’s 3.1% decline over the same time frame. Over the past month, the stock has declined 11.5% compared with the S&P 500’s 1.2% decrease. Comstock posted third-quarter 2025 earnings per share (EPS) of 5 cents, down from 23 cents per share. Revenues of $13.3 million reflected a modest increase of 3% from $13 million in the year-ago quarter. However, net income declined sharply to $0.5 million from $2.4 million in the third quarter of 2024. Adjusted EBITDA dropped to $1.1 million, down from $3.1 million a year earlier. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock’s recurring, fee-based revenues — which include income from its property management subsidiaries — increased 30% year over year. A key contributor was its ParkX subsidiary, which saw a 96% rise in third-party revenue for the quarter. Supplemental fee revenue also advanced 35% compared to the prior year. The company’s stabilized commercial managed portfolio was 93% leased as of the end of Q3. During the quarter, nine new leases were signed covering approximately 75,000 square feet, bringing the YTD commercial leasing volume to over 500,000 square feet. Residential portfolio occupancy stood at 96%, with more than 500 units leased YTD. The average in-place rent increased nearly 4% over the previous year. ParkX revenues surged 59% year over year. The company added 139 new employees in Q3 to support 12 new porter and janitorial service contracts beginning in Q4, expanding upon 10 previously secured contracts. This growth reflects Comstock’s ability to cross-sell services to existing clients, which the company says helps reduce the costs of acquiring new business. Chairman and CEO Christopher Clemente emphasized Comstock’s commitment to “long-term, sustainable growth through diversified revenue.” He highlighted the ParkX expansion as a cornerstone of the company’s Q3 investment activity. Clemente noted that the addition of new services like porter and janitorial offerings enabled the company to both grow relationships with existing clients and attract new ones. He also cited the continued attractiveness of Comstock’s high-quality properties, pointing to robust l...

Company enters agreement to move to new headquarters facility in 2027, remaining in Fairfax County MCLEAN, Va., November 17, 2025--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) and Comstock Companies (Nasdaq: CHCI) announced today Booz Allen will relocate its global headquarters from McLean, Va. to Reston, Va. The company will occupy a newly constructed facility in The Row at Reston Station—the newest phase of Comstock’s Reston Station development—designed to upgrade and enhance the Booz Allen employee experience while streamlining operating costs. The new location reflects the evolving needs of Booz Allen’s business, which requires flexible spaces that can enable and accelerate the company’s advanced technology capabilities. "We continue to invest in an innovative, optimized Booz Allen. Our new headquarters will provide our people, partners, and customers with upgraded resources to build the technologies that support national missions while rightsizing our facilities footprint," said Kristine Martin Anderson, chief operating officer at Booz Allen. Interior build-out in the recently completed building is scheduled to begin in Summer 2026, with the new space expected to open in Fall 2027. "Booz Allen’s workforce strategy is centered on optimizing resources to help our highly technical workforce unlock innovation, today and into the future," said Jen Wagner, chief administrative officer at Booz Allen. The new headquarters will include both 1870 Reston Row Plaza and multiple floors of 1800 Reston Row Plaza. The company’s office at 8283 Greensboro Drive in McLean, Va. will be decommissioned in 2028. "Booz Allen has been a top employer and business leader in the Washington metro area for decades. The Row at Reston Station reflects the best of Northern Virginia’s economy, tech talent, and modern conveniences, and we are honored to welcome Booz Allen as part of our community," said Tim Steffan, chief operating officer of Comstock. About Booz Allen Hamilton Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our...

Strong commercial leasing in Q3; significant office leases signed post-quarter end bring YTD to 500,000+ sqft. Investment in ParkX expansion drives Q325 headcount growth; adds new fee-based revenue streams Revenue increased 3% to $13.3 million; YTD increase of 13% to $38.9 million YTD revenue growth for 27th consecutive quarter; includes 25 periods with double-digit increases 30% increase in recurring, fee-based revenue from property management subsidiaries; up 37% YTD Includes 96% increase in third-party revenue from ParkX; up 126% YTD Supplemental fee revenue up 35% vs. prior year Net income of $0.5 million; $3.6 million YTD Adjusted EBITDA of $1.1 million; $5.3 million YTD Q3 investment in ParkX expansion supports new service offerings and further diversifies fee-based revenue Multiple new leases secured post-quarter end for two newest Trophy-class office towers at Reston Station 19 additional AUM vs. prior year Includes 7 new ParkX third-party contracts added in Q3 and 17 third-party contracts added YTD JW Marriott Reston Station delivered, adding hospitality AUM and new recurring revenue stream JW Marriott Residences Reston Station delivered, driving increase in property management fees RESTON, Va., November 13, 2025--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the third quarter ended September 30, 2025. "Our Q3 financials are a result of our focus on long-term, sustainable growth through diversified revenue that drives earnings per share," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "During Q3, we invested in the expansion of our ParkX subsidiary by hiring 139 new employees to support new service offerings, including porter and janitorial services, allowing us to both expand existing relationships and secure new clients. The high-quality properties we develop and manage continue to be some of the most sought-after in the region. Subsequent to quarter-end, we secured multiple new office leases covering more than 310,000 square feet in the two newest office towers in The Row at Reston Station. Our industry-leading leased percentages across our stabilized portfolio continue to drive revenue growth, including recur...

Shares of Comstock Holding Companies, Inc. CHCI have gained 10.9% since the company reported its earnings for the quarter ended June 30, 2025, outperforming the S&P 500 index’s 0.5% growth over the same period. Over the past month, the stock has advanced 24.2%, again topping the S&P 500’s 2.1% gain, indicating strong investor enthusiasm following the release. Comstock reported second-quarter 2025 earnings per share of 14 cents, up from 9 cents in the prior-year quarter. The company’s revenues rose 21% to $13 million from $10.8 million, while net income increased 53% to $1.4 million compared with $1 million a year earlier. Adjusted EBITDA also improved, climbing 39% to $2.2 million from $1.6 million in the same period last year, reflecting the company’s expanding recurring, fee-based revenue streams and disciplined cost structure. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Recurring, fee-based revenues from property management and operating subsidiaries surged 42%, supported by a 124% increase in third-party revenue from the ParkX parking management business. ParkX alone reported a 55% year-over-year revenue gain and expanded its service portfolio to include porter and janitorial offerings, positioning it for further growth in 2025 and beyond. Comstock’s managed portfolio expanded to 82 assets from 69 a year earlier, with its stabilized commercial portfolio 93% leased and residential portfolio 97% leased. Notably, average in-place rents for residential assets rose 3% over last year. Leasing momentum remained solid, with seven commercial leases totaling 33,000 square feet signed in the quarter and 118,000 square feet leased year-to-date. On the residential side, 296 units were leased year to date, underlining healthy demand across asset classes. Chairman and CEO Christopher Clemente emphasized that the company’s double-digit growth in all major financial metrics underscored the effectiveness of its strategic plan and low-risk, high-reward business model. He highlighted the company’s debt-free balance sheet, more than $2 million in operating cash generated in the quarter, and the stability offered by its long-term asset and property management agreements. Clemente also pointed to the continued appeal of Comstock’s high-quality, mixed-use, transit-oriented properties in the Washington, D.C. area,...

Explore Comstock Holding Companies's Fair Values from the Community and select yours Revenue: US$13.0m (up 21% from 2Q 2024). Net income: US$1.45m (up 53% from 2Q 2024). Profit margin: 11% (up from 8.8% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.14 (up from US$0.096 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Comstock Holding Companies shares are up 10.0% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for Comstock Holding Companies that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Significant revenue growth continues; Delivery of Phase II of Reston Station to begin in Q3 2025 Revenue increased 21% to $13.0 million; YTD increase of 20% to $25.6 million 42% increase in recurring, fee-based revenue from property management operating subsidiaries, including 124% increase in third-party revenue from ParkX YTD total recurring, fee-based revenue up 19% vs. prior year Net income increased 53% to $1.4 million; YTD increase of 64% to $3.1 million Adjusted EBITDA increased 39% to $2.2 million; YTD increase of 38% to $4.3 million 13 additional AUM vs. prior year; includes 7 new third-party ParkX contracts added in Q2 Growing return-to-office mandates driving interest in our premium mixed-use, transit-oriented assets Delivery of Phase II of Reston Station, The Row at Reston Station, set to begin in Q3 RESTON, Va., August 07, 2025--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the second quarter ended June 30, 2025. "I am pleased to report that we continue to deliver on the growth objectives that have been the central theme of our strategic plan, best evidenced by achieving double-digit growth across each one of our key financial metrics in Q2," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "The strength of our business model is characterized by the upward trajectory of our top and bottom lines and underpinned by its low-risk, high reward philosophy. With zero debt and a pristine balance sheet, we were able to generate over $2 million of operating cash in Q2 alone. This success was directly fueled by the growing fee-based revenue streams that we earn from our long-term asset and property management agreements, providing us with a stable foundation for growth and clear visibility into our future earnings potential." Mr. Clemente continued, "The high quality assets we manage continue to be amongst the most sought-after in the D.C. region, supported by our hard-working team of professionals that show up every day and are frequently recognized as best-in-class. The second half will see the official delivery of The Row at Reston Station - a remarkable project that is a significant development milestone for Comstock...

Shares of Comstock Holding Companies, Inc. CHCI have declined 17.4% since the company reported its earnings for the quarter ended March 31, 2025. This compares to the S&P 500 index’s 4.1% growth over the same time frame. Over the past month, the stock has declined 0.8% against the S&P 500’s 4.5% growth, highlighting investor caution despite continued growth across Comstock’s key metrics. Comstock reported first-quarter 2025 earnings per share of 15 cents, up from 9 cents in the prior-year quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.) The company posted revenues of $12.6 million, reflecting a 19% increase from $10.6 million in the year-ago quarter. This top-line expansion was driven by 20% growth in total recurring fee-based revenues. Net income rose sharply by 75% to $1.6 million compared to $0.9 million in the prior-year period. Adjusted EBITDA, a key profitability metric, grew 38% year over year to $2.1 million, primarily attributable to gains in property and parking management fees and supplemental asset management revenues. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock’s managed portfolio expanded to 76 assets in the first quarter, up from 65 a year ago. The company executed eight commercial leases totaling 85,000 square feet, maintaining a 93% leased rate across its stabilized commercial properties. Residential leasing performance remained equally strong, with a 96% leased rate and a 4% year-over-year increase in average in-place rents. A total of 143 residential units were leased year to date, underscoring sustained demand across both asset classes. ParkX, Comstock’s parking management subsidiary, delivered a standout performance, posting a 56% increase in total revenue, driven by growth in third-party assets under management. This subsidiary’s outperformance contributed meaningfully to consolidated financials and is expected to play a pivotal role in 2025 expansion plans. Chairman and CEO Christopher Clemente emphasized that first-quarter results were aligned with the company’s long-term strategic objectives. He noted that Q1 marked the 25th consecutive quarter of topline revenue growth, a reflection of Comstock’s recurring revenue model and operational efficiency. Clemente highlighted strong leasing momentum, citing new tenants such as commercial...