Tejon Ranch FY2025 EPS Estimate Lifted by Zacks Small Cap

Tejon Ranch Co. (NYSE:TRC) – Research analysts at Zacks Small Cap lifted their FY2025 earnings per share (EPS) estimates for shares of Tejon Ranch in a research report issued to clients and investors on Tuesday, March 11th. Zacks Small Cap analyst M. Marin now anticipates that the real estate development and agribusiness company will post earnings per share of $0.10 for the year, up from their prior estimate of $0.03. The consensus estimate for Tejon Ranch’s current full-year earnings is ($0.04) per share.

Separately, StockNews.com upgraded Tejon Ranch to a “sell” rating in a report on Wednesday, March 5th.

Tejon Ranch Stock Performance

Shares of NYSE TRC opened at $16.00 on Thursday. The firm has a market cap of $429.80 million, a price-to-earnings ratio of -1,600,400.00 and a beta of 0.59. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.46 and a current ratio of 2.84. The business’s 50-day simple moving average is $15.89 and its 200-day simple moving average is $16.33. Tejon Ranch has a 52 week low of $14.70 and a 52 week high of $19.82.

Tejon Ranch (NYSE:TRC) last issued its earnings results on Thursday, March 6th. The real estate development and agribusiness company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.14. The firm had revenue of $17.94 million for the quarter, compared to the consensus estimate of $15.53 million. Tejon Ranch had a negative return on equity of 0.05% and a negative net margin of 0.57%.

Institutional Trading of Tejon Ranch

Large investors have recently made changes to their positions in the business. Gamco Investors INC. ET AL grew its holdings in Tejon Ranch by 7.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 719,127 shares of the real estate development and agribusiness company’s stock valued at $11,434,000 after purchasing an additional 52,401 shares during the period. Geode Capital Management LLC lifted its position in shares of Tejon Ranch by 0.8% in the third quarter. Geode Capital Management LLC now owns 537,987 shares of the real estate development and agribusiness company’s stock valued at $9,444,000 after buying an additional 4,247 shares during the last quarter. Bulldog Investors LLP raised its position in shares of Tejon Ranch by 482.6% in the fourth quarter. Bulldog Investors LLP now owns 401,200 shares of the real estate development and agribusiness company’s stock valued at $6,379,000 after purchasing an additional 332,341 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Tejon Ranch by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 195,879 shares of the real estate development and agribusiness company’s stock valued at $3,114,000 after purchasing an additional 1,409 shares during the period. Finally, Gabelli Funds LLC increased its position in Tejon Ranch by 1.3% during the fourth quarter. Gabelli Funds LLC now owns 144,000 shares of the real estate development and agribusiness company’s stock worth $2,290,000 after acquiring an additional 1,800 shares during the period. Institutional investors 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.