Media headlines about Tejon Ranch (NYSE:TRC) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tejon Ranch earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 66 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the next few days.
Separately, TheStreet downgraded Tejon Ranch from a “c” rating to a “d+” rating in a research note on Monday, April 10th.
Tejon Ranch (NYSE:TRC) opened at 21.07 on Tuesday. Tejon Ranch has a 1-year low of $19.90 and a 1-year high of $27.99. The stock has a 50 day moving average price of $20.95 and a 200 day moving average price of $22.87. The firm’s market cap is $439.39 million.
Tejon Ranch (NYSE:TRC) last posted its earnings results on Monday, May 8th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter. Tejon Ranch had a negative net margin of 6.66% and a negative return on equity of 0.96%. The business had revenue of $5.70 million for the quarter.
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About Tejon Ranch
Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five segments: Real Estate-Commercial/Industrial; Real Estate-Resort/Residential; Mineral Resources; Farming Operations, and Ranch Operations. Its Real Estate-Commercial/Industrial segment is engaged in building, land lease activities, and land and building sales.
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