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Last $22.06 USD
Change Today -0.33 / -1.47%
Volume 45.4K
TRC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

tejon ranch co (TRC) Snapshot

Open
$22.25
Previous Close
$22.39
Day High
$22.48
Day Low
$22.05
52 Week High
10/14/14 - $31.44
52 Week Low
08/21/15 - $21.50
Market Cap
456.0M
Average Volume 10 Days
36.6K
EPS TTM
$0.27
Shares Outstanding
20.7M
EX-Date
05/4/00
P/E TM
81.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for TEJON RANCH CO (TRC)

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tejon ranch co (TRC) Details

Tejon Ranch Co. operates as a diversified real estate development and agribusiness company. The company operates through four segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, and Farming. The Commercial/Industrial Real Estate Development segment is involved in the entitling, planning, and permitting of land for development; construction of infrastructure; construction of pre-leased buildings; construction of buildings to be leased or sold; and sale of land to third parties for their own development. Its activities also include communications leases, landscape maintenance, game management, and ancillary land uses, such as grazing leases. This segment leases land to 2 auto service stations with convenience stores, 10 fast-food operations, 2 full-service restaurants, 1 motel, an antique shop, and the United States Postal Service facility; microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; 32 acres of land for an electric power plant; and 1 office building in Rancho Santa Fe, California. The Resort/Residential Real Estate Development segment engages in land entitlement, land planning and pre-construction engineering, land stewardship, and conservation activities. The Mineral Resources segment consists of oil and gas royalties, rock and aggregate royalties, royalties from a cement operation leased to National Cement, and the management of water assets and water infrastructure. The Farming segment farms permanent crops, including wine grapes in 1,566 acres, almonds in 1,683 acres, and pistachios in 1,053 acres. This segment also manages farming of alfalfa and forage mix on 775 acres in the Antelope Valley; and periodically leases 810 acres of land for growing vegetables. Tejon Ranch Co. was founded in 1936 and is based in Lebec, California.

157 Employees
Last Reported Date: 03/16/15
Founded in 1936

tejon ranch co (TRC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $475.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $283.3K
Vice President and General Counsel
Total Annual Compensation: $249.3K
Senior Vice President of Agriculture & Water ...
Total Annual Compensation: $196.3K
Compensation as of Fiscal Year 2014.

tejon ranch co (TRC) Key Developments

Tejon Ranch Co. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Tejon Ranch Co. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the second quarter ended June 30, 2015, the company had net income attributable to common stockholders of $406,000, or $0.02 per diluted common share, compared to net income attributable to common stockholders of $874,000, or $0.04 per diluted common share, for the second quarter of 2014. Total revenue was $7,000,000 compared to $8,321,000 a year ago. Operating loss was $1,402,000 against $26,000 reported last year. Income before income tax expense was $413,000 against $1,327,000 reported last year. Total revenue declined $1,321,000, or 16%, during the quarter, as compared to the same period in 2014, due to a reduction in farming and mineral resources revenues partially offset by higher commercial/industrial revenues. The primary driver to the decline in net income for the quarter, as compared to the same period of 2014, was a decline in farming and mineral resource revenues, which was partially offset by an improvement in equity in earnings of joint ventures. For the six months, the company reported net income attributable to common stockholders of $2,023,000, or $0.10 per diluted common share, compared to net income attributable to common stockholders of $1,987,000, or $0.10 per diluted common share, for the same period in 2014. Total revenue was $23,633,000 compared to $22,856,000 a year ago. Operating loss was $282,000 against operating income of $983,000 reported last year. Income before income tax expense was $2,876,000 against $2,999,000 reported last year. Total revenue from operations for the first six months of 2015 increased $777,000, or 3%, as compared to the same period in 2014, largely due to improved commercial/industrial and mineral resources revenues. The improvement in net income attributable to common stockholders during the first six months of 2015, when compared to the same period in 2014, is primarily the result of increases in commercial/industrial operating income, an increase in equity in earnings of the TA/Petro joint venture, and higher water sales.

Tejon Ranch Co. Announces Resignation of Robert A. Stine from its Board

Director Robert A. Stine has announced his resignation from the Board of Directors of Tejon Ranch Co. effective as of May 15, 2015.

Tejon Ranch Co. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Tejon Ranch Co. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of USD 16.633 million compared to USD 14.535 million a year ago. Operating income was USD 1.120 million compared to USD 1.009 million a year ago. Total other income was USD 0.193 million compared to USD 0.225 million a year ago. Income before income tax expense was USD 2.463 million compared to USD 1.672 million a year ago. Net income was USD 1.601 million compared to USD 1.131 million a year ago. Net income attributable to common stockholders was USD 1.617 million compared to USD 1.113 million a year ago. Basic and diluted net income per share attributable to the common stockholders was USD 0.08 compared to USD 0.05 a year ago.

 

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TRC Competitors

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Industry Analysis

TRC

Industry Average

Valuation TRC Industry Range
Price/Earnings 81.4x
Price/Sales 8.9x
Price/Book 1.6x
Price/Cash Flow 81.3x
TEV/Sales 5.8x
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