Last $28.10 USD
Change Today -0.89 / -3.07%
Volume 42.6K
TRC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

tejon ranch co (TRC) Snapshot

Open
$29.02
Previous Close
$28.99
Day High
$29.02
Day Low
$28.03
52 Week High
10/29/13 - $38.79
52 Week Low
08/28/14 - $28.03
Market Cap
578.6M
Average Volume 10 Days
45.9K
EPS TTM
$0.16
Shares Outstanding
20.6M
EX-Date
05/4/00
P/E TM
175.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for TEJON RANCH CO (TRC)

Related News

No related news articles were found.

tejon ranch co (TRC) Related Businessweek News

No Related Businessweek News Found

tejon ranch co (TRC) Details

Tejon Ranch Co., through its subsidiaries, operates as a real estate development and agribusiness company. The company operates in four business segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, and Farming. The Commercial/Industrial Real Estate Development segment is engaged in entitling, planning, and permitting of land for the development; construction of infrastructure, pre-leased buildings, and buildings to be leased or sold; and the sale of land to third parties for their own development. It also leases microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; 32 acres of land for an electric power plant; and an office building; and grazing and communications facilities, as well as offers landscape maintenance and game management services. This segment leases land to auto service stations with convenience stores, fast-food operations, full-service restaurants, a motel, an antique shop, and the United States Postal Service facility. The Resort/Residential Real Estate Development segment is involved in land entitlement, land planning and pre-construction engineering, land stewardship, and conservation activities. The Mineral Resources segment provides oil and gas royalty leases, rock and aggregate mining leases, and land lease for manufacturing Portland cement. As of December 31, 2013, this segment had producing oil and gas leases of approximately 7,317 acres. The Farming segment farms various permanent crops, including wine grapes in 1,608 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. The company was founded in 1936 and is based in Lebec, California.

144 Employees
Last Reported Date: 03/17/14
Founded in 1936

tejon ranch co (TRC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $438.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $275.0K
Vice President and General Counsel
Total Annual Compensation: $242.1K
Senior Vice President of Real Estate
Total Annual Compensation: $231.8K
Senior Vice President of Agriculture
Total Annual Compensation: $190.6K
Compensation as of Fiscal Year 2013.

tejon ranch co (TRC) Key Developments

Bret A. Schumacher Joins Tejon Ranch Co. as Vice President, Community Development - Real Estate

Bret A. Schumacher joined Tejon Ranch Co. as Vice President, Community Development--Real Estate. Schumacher was selected to lead the development of Tejon Mountain Village, a sensitively planned residential and resort community located in the high country of Tejon Ranch.

Tejon Ranch Co. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Tejon Ranch Co. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the second quarter ended June 30, 2014, the company had net income attributable to common stockholders of $874,000, or $0.04 per diluted common share, compared to net income attributable to common stockholders of $2,084,000, or $0.10 per diluted common share, for the second quarter of 2013. Revenue from operations for the second quarter of 2014 was $8,008,000 compared to $7,475,000 of revenue during the same period of 2013. Revenue improved $533,000 due to an increase in farming revenue being partially offset by lower oil royalty income and reduced commercial/industrial revenues. Operating loss was $203,000 against operating income of $1,167,000 reported last year. Income from operations before equity in earnings of unconsolidated joint ventures was $179,000 against $1,419,000 reported last year. Income before income tax expense was $1,327,000 against $2,689,000 reported last year. For the six months, the company reported net income attributable to common stockholders of $1,987,000, or $0.10 per diluted common share, compared to net income attributable to common stockholders of $2,699,000, or $0.13 per diluted common share, for the same period in 2013. Revenue from operations was $15,153,000, compared to $17,235,000 of revenue for the same period during 2013. The decline in net income attributable to common stockholders during the first six months of 2014, when compared to the same period in 2013, is primarily the result of lower farming net operating profits, a decline in oil royalty revenue, and an increase in corporate expenses. Revenue declined $2,082,000 during the first six months of 2014, as compared to the same period in 2013, largely due to a decrease in farming and mineral resources revenues. Operating loss was $2,196,000 against operating income of $1,257,000 reported last year. Income from operations before equity in earnings of unconsolidated joint ventures was $1,413,000 against $1,787,000 reported last year. Income before income tax expense was $2,999,000 against $3,466,000 reported last year.

Tejon Ranch Co. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2014

Tejon Ranch Co. announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue from operations of $7.145 million against $9.760 million a year ago. Operating income before income tax expense was $1.672 million against $0.777 million a year ago. Net income attributable to common stockholders was $1.113 million or $0.05 per diluted share against $0.615 million or $0.03 per diluted share a year ago. The improvement in net income attributable to common stockholders is primarily due to $3,002,000 in net income received from sales of water during the quarter, and to reduced expenses within farming and corporate general and administrative operations. The decline in farming revenue of $2,355,000 is due to a 67% decrease in the number of almonds sold during the first quarter of 2014, stemming from a lower carry forward of 2013 crop inventory. This decline in the volume of almond sales was partially offset, however, by a 13% increase in almond prices.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TRC:US $28.10 USD -0.89

TRC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Agree Realty Corp $29.35 USD -0.25
CatchMark Timber Trust Inc $12.00 USD -0.08
Consolidated-Tomoka Land Co $58.95 USD +4.36
Homefed Corp $51.25 USD -2.25
Monmouth Real Estate Investment Corp $10.73 USD +0.01
View Industry Companies
 

Industry Analysis

TRC

Industry Average

Valuation TRC Industry Range
Price/Earnings 100.0x
Price/Sales 13.8x
Price/Book 2.1x
Price/Cash Flow 172.9x
TEV/Sales 11.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TEJON RANCH CO, please visit www.tejonranch.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.