Michael Houston - Tejon Ranch Senior Vice President General Counsel

TRC Stock  USD 16.86  0.03  0.18%   

President

Mr. Michael R.W. Houston is Senior Vice President, General Counsel of the Tejon Ranch Company. He previously worked for the City of Anaheim, where he served as City Attorney from 2013 through 2016. His background involves extensive experience in corporate governance, municipal law, real estate, land use and environmental issues. Prior to working for the City of Anaheim, he served as a partner for a Newport Beach, CAbased law firm of Cummins White from 2011 to 2013, and prior to that, was a partner at Rutan Tucker, LLP, Costa Mesa, CA. since 2016.
Age 49
Tenure 8 years
Address 4436 Lebec Road, Lebec, CA, United States, 93243
Phone661 248 3000
Webhttps://tejonranch.com
Houston joined the Company in May 2016 as the Senior Vice President, General Counsel. He previously worked for the City of Anaheim, where he served as City Attorney from 2013 through 2016. His background involves extensive experience in corporate governance, municipal law, real estate, land use and environmental issues. Prior to working for the City of Anaheim, he served as a partner for a Newport Beach, CAbased law firm of Cummins & White from 2011 to 2013, and prior to that, was a partner at Rutan & Tucker, LLP, Costa Mesa, CA.

Tejon Ranch Management Efficiency

As of May 3, 2024, Return On Tangible Assets is expected to decline to 0.01. The current year's Return On Capital Employed is expected to grow to -0.0061. At present, Tejon Ranch's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 3.8 M, whereas Other Current Assets are forecasted to decline to about 3.1 M. Tejon Ranch's management efficiency ratios could be used to measure how well Tejon Ranch manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 47.94 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Tejon Ranch has a current ratio of 5.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Tejon Ranch until it has trouble settling it off, either with new capital or with free cash flow. So, Tejon Ranch's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tejon Ranch sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tejon to invest in growth at high rates of return. When we think about Tejon Ranch's use of debt, we should always consider it together with cash and equity.

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Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California. Tejon Ranch operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 90 people. Tejon Ranch Co (TRC) is traded on New York Stock Exchange in USA. It is located in 4436 Lebec Road, Lebec, CA, United States, 93243 and employs 87 people. Tejon Ranch is listed under Multi-Family Residential REITs category by Fama And French industry classification.

Management Performance

Tejon Ranch Leadership Team

Elected by the shareholders, the Tejon Ranch's board of directors comprises two types of representatives: Tejon Ranch inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tejon. The board's role is to monitor Tejon Ranch's management team and ensure that shareholders' interests are well served. Tejon Ranch's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tejon Ranch's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marc Hardy, Senior Vice President General Counsel
Todd Ferrara, Vice President - Government Affairs
Steven Betts, Independent Director
Fredrick III, Senior Agriculture
Barry Zoeller, Vice President - Corporate Communications & Investor Relations
Rachel Freeman, Senior Vice President Real Estate
Eileen Reynolds, Vice President - Government Affairs
Robert Alter, Director
Michael Campeau, Senior Operations
Michael Houston, Senior Vice President General Counsel
Brett Brown, CFO VP
Allen Lyda, Chief Operating Officer, Executive Vice President, Corporate Treasurer
Tim Li, VP Controller
Jean Fuller, Independent Director
Michael Winer, Independent Director
Daniel Tisch, Independent Director
Frederick Tuomi, Director
Joseph Rentfro, Executive Vice President - Real Estate
Dennis Atkinson, Sr. VP of Agriculture and Water Resources
Hugh McMahon, Senior Vice President - Commercial/Industrial Development
Norman Metcalfe, Indenpendent chairman of the board
John Goolsby, Independent Director
Robert Velasquez, Chief Financial Officer, Senior Vice President - Finance
Anthony Leggio, Independent Director
Nathan Keith, Senior Estate
Susan Hori, Independent Director
Frawn Morgan, Director
Rhea Morgan, Independent Director
Derek Abbott, Senior Estate
Gregory Bielli, CEO and President Director and Member of Executive Committee
Hugh IV, Executive Estate
Geoffrey Stack, Independent Director

Tejon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tejon Ranch a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Tejon Ranch offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tejon Ranch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tejon Ranch Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tejon Ranch Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tejon Ranch Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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When running Tejon Ranch's price analysis, check to measure Tejon Ranch's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tejon Ranch is operating at the current time. Most of Tejon Ranch's value examination focuses on studying past and present price action to predict the probability of Tejon Ranch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tejon Ranch's price. Additionally, you may evaluate how the addition of Tejon Ranch to your portfolios can decrease your overall portfolio volatility.
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Is Tejon Ranch's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tejon Ranch. If investors know Tejon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tejon Ranch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
0.12
Revenue Per Share
1.675
Quarterly Revenue Growth
(0.07)
Return On Assets
(0)
The market value of Tejon Ranch is measured differently than its book value, which is the value of Tejon that is recorded on the company's balance sheet. Investors also form their own opinion of Tejon Ranch's value that differs from its market value or its book value, called intrinsic value, which is Tejon Ranch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tejon Ranch's market value can be influenced by many factors that don't directly affect Tejon Ranch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tejon Ranch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tejon Ranch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tejon Ranch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.