Tejon Ranch Co. (NYSE:TRC – Free Report) – Analysts at Zacks Small Cap upped their FY2025 earnings estimates for shares of Tejon Ranch in a research note issued on Tuesday, March 11th. Zacks Small Cap analyst M. Marin now forecasts that the real estate development and agribusiness company will post earnings of $0.10 per share for the year, up from their previous forecast of $0.03. The consensus estimate for Tejon Ranch’s current full-year earnings is ($0.04) per share.
Tejon Ranch (NYSE:TRC – Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The real estate development and agribusiness company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.03 by $0.14. The firm had revenue of $17.94 million during the quarter, compared to analyst estimates of $15.53 million. Tejon Ranch had a negative net margin of 0.57% and a negative return on equity of 0.05%.
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Tejon Ranch Trading Up 0.7 %
NYSE TRC opened at $16.11 on Thursday. The company has a quick ratio of 2.46, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. Tejon Ranch has a 52 week low of $14.70 and a 52 week high of $19.82. The firm has a market cap of $432.52 million, a PE ratio of -1,610,500.00 and a beta of 0.59. The company has a 50 day moving average price of $15.89 and a 200 day moving average price of $16.32.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of TRC. Kennondale Capital Management LLC acquired a new position in Tejon Ranch during the 4th quarter valued at approximately $174,000. Deutsche Bank AG increased its stake in Tejon Ranch by 36.1% during the 4th quarter. Deutsche Bank AG now owns 11,022 shares of the real estate development and agribusiness company’s stock valued at $175,000 after purchasing an additional 2,922 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new stake in shares of Tejon Ranch in the 4th quarter valued at $200,000. SG Americas Securities LLC boosted its holdings in shares of Tejon Ranch by 30.3% in the 4th quarter. SG Americas Securities LLC now owns 19,010 shares of the real estate development and agribusiness company’s stock valued at $302,000 after acquiring an additional 4,424 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Tejon Ranch in the fourth quarter worth $312,000. Institutional investors and hedge funds own 60.63% of the company’s stock.
Tejon Ranch Company Profile
Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.
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