Daily Journal Corporation (DJCO)

In the past six months, Daily Journal Corp. reached a new 52-week high of $575.00 on January 7, 2026. The company announced its fiscal year 2025 financial results on December 29, 2025, reporting strong quarterly EPS and revenue, but shares dipped 1.8% after the announcement. In December 2025, the stock was downgraded to "Hold" by some analysts. Daily Journal Corp. reported a net unrealized gain of $81.9 million in fiscal year 2024 from its marketable securities portfolio. The balance of the company's margin loan decreased from $75,000,000 in fiscal 2023 to $27,500,000 in fiscal 2024. In August 2025, an investment adviser alleged that Daily Journal improperly expensed software development costs, but the company's Audit Committee concluded that the accounting was correct.

There is no explicit information indicating clear demand seasonality for Daily Journal Corp.'s software products and services. For its traditional publishing business, the trend is generally one of decline rather than seasonality. Legislative changes are expected to further reduce requirements for publishing certain public notices, indicating a declining demand for this aspect of the publishing business in the coming years.

Daily Journal Corp. operates in the Technology and Consumer Discretionary sectors through its Traditional Business (publishing) and Journal Technologies (software) segments. The publishing arm focuses on legal and real estate industries in California and Arizona, offering legal news and public notices. Journal Technologies provides case management software systems like eCourt and eFile-it to justice agencies.

Daily Journal Corp. is headquartered in Los Angeles, California, with offices in several California cities, as well as in Denver, Colorado; Logan, Utah; Phoenix, Arizona; and Melbourne, Australia. Its newspapers cover California and Arizona, while its Journal Technologies software solutions serve customers throughout the United States, Canada, and Australia.

Daily Journal Corp.'s newspapers have historically received recognition for their journalism. In the past year, the company's reputation was affected by a public dispute in August 2025, when an activist investment adviser alleged improper expensing of software development costs. The company rebutted these allegations, but the dispute created reputational and procedural risks.

Daily Journal Corp. has a mixed ownership structure comprising institutional, retail, and individual investors. Approximately 47.94% to 62.45% of the company's stock is owned by institutional investors, while insiders hold around 0.02% to 61.5% and public companies and individual investors hold between 14.51% and 37.54%. Major institutional owners include RWWM, Inc., Vanguard Group Inc, and BlackRock, Inc. Significant individual owners include John Patrick Et Al Guerin and the late Charles T. Munger.