Welcome to our dedicated page for PICO news (Ticker: PICO), a resource for investors and traders seeking the latest updates and insights on PICO stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PICO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PICO's position in the market.
PICO Holdings, Inc. has changed its name to Vidler Water Resources, Inc., effective March 8, 2021, alongside a new Nasdaq ticker symbol VWTR. For Q4 2020, the company reported total revenue of $3.47 million, down from $10.36 million in Q4 2019, with a net income of $10.1 million compared to $4.58 million the previous year. The annual revenue was $9.61 million, a decrease from $29.4 million in 2019. Despite reduced revenue, the company expressed confidence in its long-term sustainable water resources amidst growing demand in the Southwest U.S. It also aims to manage costs effectively and focus on share repurchase programs.
