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Stock impact report

TRC: Believe Company's 2024 Plans Support Positive View [Yahoo! Finance]

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: Yahoo! Finance
Tejon Ranch Company (NYSE:TRC) reported year-end 2023 results last week and provided an overview of recent milestones. While the company continues to move forward on its development plans, it also continues to generate revenue from the income-producing units in its operations. Moreover, TRC's recent initiatives combined with our recent meeting with the company's CFO support our view that the company is focused on developing its land assets to unleash value for shareholders. As the company moves forward on its development plans, TRC continues to generate revenue from the income-producing units in its operations, including activities at the Tejon Ranch Commerce Center (TRCC) and the minerals and agricultural businesses. Believe recent activity & results underscore value of Tejon Ranch underlying land assets for a broad range of uses, including development, agriculture, water sales, mineral resources… Recent activity and results underscore the value of Tejon Ranch's underlying land Show less Read more
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