Tejon Ranch Company (TRC)
|Net Income (ttm)||9.09M|
|Trading Day||February 26|
|Day's Range||16.25 - 16.69|
|52-Week Range||12.12 - 17.90|
Providence Strategic Consulting, Inc. Named Agency of Record for Outlets at Tejon and Tejon Ranch Commerce Center
BAKERSFIELD, Calif.--(BUSINESS WIRE)-- #ProvConsult--Providence Strategic Consulting, Inc.
Tejon Ranch is a land holding company in California which plans to develop townships about an hour north of Los Angeles, the second largest city in the United States.
Tejon Ranch: Upside Plans With Downside Protection
Tejon Ranch is a largely undeveloped property just north of Los Angeles that is nearly five times larger than San Francisco.
Tejon Ranch 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; construction of pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own developmen... [Read more...]
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In 2019, Tejon Ranch's revenue was $49.52 million, an increase of 8.56% compared to the previous year's $45.62 million. Earnings were $10.58 million, an increase of 148.65%.
The average 12-month stock price forecast for Tejon Ranch is 18.00, which is an increase of 10.29% from the latest price.