| Previous Close | 17.86 |
| Open | 17.67 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 800 |
| Day's Range | 17.67 - 19.25 |
| 52 Week Range | 16.00 - 41.50 |
| Volume | 1,929 |
| Avg. Volume | 1,706 |
| Market Cap | 155.612M |
| Beta (5Y Monthly) | 0.36 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.09 |
| Earnings Date | May 12, 2020 - May 17, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Sep 14, 2000 |
| 1y Target Est | N/A |
Transcontinental Realty Investors, Inc. (NYSE: TCI), a Dallas-based real estate investment company, is reporting its Results of Operations for the year ended December 31, 2019. With the current Coronavirus presenting a concern; we remain confident the underlying need for quality multi-family housing will remain strong. Should circumstances change or our view be less optimistic, we have the ability to dramatically slow our pace of our new development efforts. However, to date, TCI’s existing portfolio has seen a significant increase in value. For FYE 2018, same store aggregate appraised value of TCI’s holdings was approximately $244.4 million. Whereas for FYE 2019, same store aggregate appraised value of TCI’s holdings was $298.7 million. This represents a $54.2 million or 22% increase in overall asset value year over year.
Transcontinental Realty Investors Inc., (NYSE: TCI) and Abode Properties announces successful refinance of Class A asset Terra Lago apartments in Rowlett, Texas. Barings Real Estate Capital originated the refinance with a significant rate reduction.
Southern Properties Capital, a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas-based real estate investment company, is pleased to announce their latest multifamily acquisition, Landing at Bayou Cane in Houma, Louisiana. Property and unit amenities include garden tubs, sunrooms in select units, private balconies, full size in-unit washer and dryers, pool, sand volleyball court, dog park, and rentable detached garages.
Transcontinental Realty Investors Inc. (NYSE: TCI) announces that its subsidiary Southern Properties Capital (SPC), both Dallas-based real estate investment companies, received Standard & Poor’s Global Ratings increases on their A, B, and C series bonds listed on the Tel Aviv Stock Exchange. As previously reported, TCI/SPC was the first Dallas based firm to raise capital on the Israeli bond market. Prior to the Southern Properties Capital issuance, the market was previously dominated by Manhattan based companies, but has once again shown increased demand for additional bond issuers throughout the United States.
On a per-share basis, the Dallas-based company said it had a loss of 64 cents. The real estate investor posted revenue of $11.9 million in the period. Transcontinental Realty shares have climbed slightly ...