Tejon Ranch Co. reports developments for a diversified real estate development and agribusiness company with operations in commercial and industrial real estate, multifamily housing, resort and residential real estate, mineral resources, farming, and ranch operations.
Company news regularly covers financial results and Adjusted EBITDA, leasing and development activity at Tejon Ranch Commerce Center, Terra Vista at Tejon multifamily activity, farming performance, mineral resources, ranch operations, joint venture activity, and corporate-governance matters such as board structure and shareholder meeting rights.
Tejon Ranch (NYSE: TRC) reported third-quarter 2026 net income attributable to common stockholders of $3.3 million, up from the prior-year quarter. Basic and diluted earnings per share rose to $0.12 from $0.06. Revenue increased to $22.612 million from $11.969 million, while operating income reached $2.373 million versus a $2.024 million loss.
Farming revenue benefited from $3.9 million in crop insurance proceeds and $2.6 million in prior-year pistachio pricing adjustments. Mineral resources revenue rose 24.9% to $4.0 million. National Cement extended its lease through 2047. Tejon expects Building 1B, developed with Dedeaux Properties, to receive its certificate of occupancy in the first quarter of 2027.
At September 30, liquidity totaled approximately $74.4 million, including approximately $8.8 million in cash and securities and $65.6 million of available credit.
Tejon Ranch (TRC) will release its third-quarter 2026 operating and financial results before the market opens on November 5, 2026. A conference call will follow at 5:00 p.m. Eastern Time, with CEO Matthew H. Walker and CFO Robert D. Velasquez discussing recent initiatives and financial results. Investors may email questions to IR@tejonranch.com by 2:00 p.m. ET that day.
Glenbrook Capital Management, holder of 724,480 units of San Juan Basin Royalty Trust (TRC), has sent a detailed letter to trustee Argent Trust Company seeking greater transparency on expenses, capital expenditures and the Trust’s liquidity and credit facility position.
Glenbrook requests a granular breakdown of general and administrative expenses and an explanation for an approximate $976,000 year-over-year decline. It asks for fuller disclosure of a 2017–2020 joint interest audit that produced a prior-period adjustment of about $3.47 million, roughly $2.60 million net negative to the Trust. The letter also seeks clarity on Hilcorp’s capital spending decisions, Argent’s plans around the drawn $2.0 million credit facility maturing May 21, 2027, and the restoration of monthly newswire press releases, and states Glenbrook may participate in a future financing alongside other unitholders.
Tejon Ranch (NYSE:TRC) reported second quarter 2026 net income attributable to common stockholders of $2.6 million, or $0.10 per basic and diluted share, compared to a net loss of $1.7 million, or $(0.06) per share, in the prior-year quarter.
Total revenues and other income, including equity in earnings of unconsolidated joint ventures, rose $6.3 million to $17.4 million. Adjusted EBITDA increased to $8.4 million from $5.7 million. Year-to-date corporate expenses declined to $4.7 million from $9.1 million, with the prior period including $3.4 million of non-recurring costs.
Commercial/industrial real estate revenues increased to $9.7 million, largely driven by a $6.9 million land sale tied to a new Dedeaux Properties industrial joint venture in which Tejon Ranch holds a 60% economic interest. As of June 30, 2026, the TRCC industrial portfolio was 100% leased and the commercial portfolio 95% leased, while Terra Vista multifamily leasing surpassed 80%.
Tejon Ranch (NYSE: TRC) will release its second quarter 2026 operating and financial results before the market opens on August 6, 2026, and host a conference call at 5:00 p.m. Eastern Time, led by President & CEO Matt Walker and CFO Robert Velasquez.
Investors can submit emailed questions by 2:00 p.m. ET on August 6, access a live audio webcast via the company’s investor webpage, or join by domestic and international dial-in numbers, with a replay available online for one year and by phone through September 3, 2026.
Tejon Ranch (NYSE:TRC) reported Q1 2026 results: net income attributable to common stockholders rose by $1.6 million to $0.2 million ($0.01/share), and revenues increased $1.3 million to $10.8 million. Adjusted EBITDA rose $2.0 million to $4.8 million. Liquidity totaled approximately $83.9 million, including $19.4 million in cash and $64.6 million available on its credit line. TRCC industrial portfolio remains 100% leased (2.8M sq ft); commercial portfolio ~584,000 sq ft at 95% occupancy. Mineral resources revenue increased 36% to $3.5 million; farming revenue declined to $0.9 million.
Tejon Ranch Co. (NYSE: TRC) and Dedeaux Properties will break ground on a 510,385-square-foot Class A industrial facility at Tejon Ranch Commerce Center in Lebec, Calif., on a 24.57-acre site. The single- or multi-tenant building features 36-foot clear height, 100 dock-high doors, ESFR sprinklers and 4,000 sq ft of office space, and is slated for completion in early 2027.
TRCC is part of a 20-million-square-foot master plan with 7 million developed and fully leased, a Foreign Trade Zone designation, and roughly 11 million square feet of remaining entitlements.
Tejon Ranch (NYSE: TRC) will release first quarter 2026 results before the market opens on May 7, 2026 and host a conference call that same day at 5:00 p.m. ET.
President & CEO Matt Walker and CFO Robert Velasquez will discuss initiatives and results; live audio webcast and a one‑year replay will be available on the company website. Investor questions must be emailed by 2:00 p.m. ET on May 7, 2026.
Tejon Ranch (NYSE: TRC) said its Board will include a proposal at the 2026 Annual Meeting to allow shareholders or groups holding at least 25% of outstanding shares to call a special meeting.
The proposal follows recent Board size and structure updates and a commitment made at the Company’s November 2025 Investor Day; full details will appear in the 2026 proxy ahead of the May 13, 2026 Annual Meeting.
Tejon Ranch (NYSE:TRC) reported fourth-quarter and full-year 2025 results on March 19, 2026. Q4 revenues rose 8% to $23.3 million while Q4 net income attributable to common stockholders fell to $1.6 million ($0.06/share). For fiscal 2025, revenues rose 7% to $58.7 million and Adjusted EBITDA increased 8% to $25.3 million. Farming revenue improved to $18.7 million (+35%), and TRCC industrial portfolio is 100% leased (2.8 million sq ft). The company reported $91.0 million total liquidity and outlined 2026 risks including higher farming costs and a pistachio down-bearing year.