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Stock impact report

Tejon Ranch: A Free Option For Mixed-Use Californian Developments [Seeking Alpha]

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: Seeking Alpha
Farming rebounded on strong pistachio results, while Terra Vista leases, a new casino opening, and a $2M cost savings initiative are going to boost profitability. Current EV is largely covered by TRCC's possible value and outstanding TRCC development, but upside lies in long-term projects: Grapevine, Centennial, and Mountain Village. Execution risk remains high for large-scale developments, with upside dependent on realizing value from mixed-use projects and JV partnerships. But TRC stock is like a free option on these longer-term initiatives, and the cost of capital declines could help them find partners for the initiatives. Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More » Nisian Hughes/DigitalVision via Getty Images Tejon Ranch ( TRC ) is in its early innings. They are halfway done leasing out Terra Vista, part of the TRCC. They are about to see a casino opened up, which should incr Show less Read more
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