Tejon Ranch (TRC) Projected to Post Earnings on Wednesday

Tejon Ranch (NYSE:TRC) is projected to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Tejon Ranch to post earnings of $0.03 per share and revenue of $15.53 million for the quarter.

Tejon Ranch Trading Up 0.4 %

Shares of TRC opened at $15.58 on Wednesday. Tejon Ranch has a 1 year low of $14.70 and a 1 year high of $19.82. The company has a current ratio of 2.84, a quick ratio of 2.46 and a debt-to-equity ratio of 0.12. The stock has a 50 day simple moving average of $15.86 and a 200-day simple moving average of $16.46. The stock has a market cap of $417.85 million, a PE ratio of -1,557,800.00 and a beta of 0.59.

Insider Activity at Tejon Ranch

In related news, Director Geoffrey L. Stack sold 5,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $16.12, for a total transaction of $80,600.00. Following the completion of the sale, the director now directly owns 72,544 shares of the company’s stock, valued at $1,169,409.28. This trade represents a 6.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 10,000 shares of company stock valued at $159,850 in the last three months. Corporate insiders own 22.44% 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.