Tejon Ranch Co (NYSE:TRC – Free Report) – Stock analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Tejon Ranch in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst M. Marin now anticipates that the real estate development and agribusiness company will post earnings per share of $0.18 for the year, up from their prior estimate of $0.11. The consensus estimate for Tejon Ranch’s current full-year earnings is $0.11 per share.
Separately, Weiss Ratings raised shares of Tejon Ranch from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Tejon Ranch Stock Performance
Shares of TRC stock opened at $16.05 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 2.92. The firm has a market cap of $433.67 million, a price-to-earnings ratio of 69.78 and a beta of 0.59. Tejon Ranch has a 52 week low of $15.31 and a 52 week high of $21.31. The firm’s 50-day simple moving average is $17.45 and its two-hundred day simple moving average is $18.36.
Tejon Ranch (NYSE:TRC – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The real estate development and agribusiness company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.08. Tejon Ranch had a return on equity of 1.23% and a net margin of 10.62%.The firm had revenue of $14.26 million during the quarter, compared to the consensus estimate of $8.64 million.
Institutional Investors Weigh In On Tejon Ranch
Several large investors have recently added to or reduced their stakes in TRC. Nitor Capital Management LLC bought a new stake in Tejon Ranch in the 2nd quarter valued at about $33,640,000. BlackRock Inc. bought a new position in Tejon Ranch during the second quarter worth about $30,383,000. Lee Danner & Bass Inc. increased its stake in shares of Tejon Ranch by 1,109.4% in the first quarter. Lee Danner & Bass Inc. now owns 695,425 shares of the real estate development and agribusiness company’s stock worth $13,102,000 after purchasing an additional 637,925 shares in the last quarter. UBS Group AG increased its stake in shares of Tejon Ranch by 482.2% in the third quarter. UBS Group AG now owns 307,887 shares of the real estate development and agribusiness company’s stock worth $4,920,000 after purchasing an additional 255,008 shares in the last quarter. Finally, Cibc World Market Inc. bought a new stake in shares of Tejon Ranch in the second quarter valued at approximately $1,869,000. Hedge funds and other institutional investors own 60.63% of the company’s stock.
About Tejon Ranch
Tejon Ranch Corporation (NYSE: TRC) is one of California’s largest private landowners, with a diversified portfolio spanning agriculture, real estate development and natural resource operations. Headquartered in Lebec, California, the company’s holdings encompass approximately 270,000 acres in Kern and Los Angeles counties. Established in 1937 on the historic Rancho Tejon land grant, Tejon Ranch has leveraged its strategic location along Interstate 5 to build a multifaceted enterprise serving both local and regional markets.
In agriculture, Tejon Ranch grows a variety of row crops and permanent plantings, including almonds, pistachios, table grapes and citrus.
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