TCI Transcontinental Realty Investors Dashboard

Transcontinental Realty Investors, Inc. is a real estate investment company, which engages in the acquisition, development and ownership of residential and commercial real estate properties. The company operates through the following segments: Apartments, Commercial Buildings, Land and Others. It operates these segments through the sub categories: Same Property Portfolio, Acquired Properties, and Developed Properties in the Lease-up Phase. The Same Property Portfolio consists of properties that were held for the entire period of business. The Acquired Properties consists of properties that are acquired but not held for the entire business period. The Developed Properties in the Lease-Up Phase consists of completed projects that are being leased-up. The company was founded on September 6, 1983 and is headquartered in Dallas, TX.

Company profile

Ticker

TCI

Exchange

NYSE

Website

www.transconrealty-invest.com/

CEO

Daniel Moos

Incorporated

Nevada

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

SEC CIK

0000733590

Corporate docs

Articles of Incorporation & Bylaws

IRS number

946565852

TCI stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

26 Mar 21

18 Apr 21

31 Dec 21

Financial summary

Financial statements Chart TCI financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	86.97M	86.97M	86.97M	86.97M	86.97M	86.97M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	822.42K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	2.98M	n/a	n/a
Cash remaining	n/a	n/a	n/a	83.99M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	102.1	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

TCI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Mar 21	Louis J Corna	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	21.6043	200	4.32K	0
19 Nov 19	Daniel J Moos	Common Stock, par value $0.01 per share	Buy	Aquire P	No	No	32.8253	100	3.28K	295,100

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

TCI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

2.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	27	26	+3.8%
Opened positions	1	1	–
Closed positions	0	0
Increased positions	10	5	+100.0%
Reduced positions	8	14	-42.9%

13F shares	Current	Prev Q	Change
Total value	10.6M	12.06M	-12.1%
Total shares	184.85K	184.12K	+0.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	55.93K	$1.35M	+7.9%
Vanguard	34.3K	$827K	-18.5%
Geode Capital Management	29.95K	$722K	-0.0%
STT State Street	22.32K	$538K	-2.2%
NTRS Northern Trust	18.09K	$436K	-3.7%
JPM JPMorgan Chase & Co.	3.64K	$87K	+173.7%
Russell Investments	3K	$72K	0.0%
New York State Common Retirement Fund	2.9K	$70K	0.0%
BAC Bank Of America	2.57K	$61K	+14.0%
WFC Wells Fargo & Co.	2.51K	$60K	+15.6%

Largest transactions	Shares	Bought/sold	Change
Vanguard	34.3K	-7.8K	-18.5%
BLK Blackrock	55.93K	+4.11K	+7.9%
JPM JPMorgan Chase & Co.	3.64K	+2.31K	+173.7%
California State Teachers Retirement System	1.65K	+1.65K	NEW
MS Morgan Stanley	1.85K	+884	+91.8%
Tower Research Capital	772	-832	-51.9%
NTRS Northern Trust	18.09K	-695	-3.7%
STT State Street	22.32K	-500	-2.2%
UBS UBS Group AG - Registered Shares	1.01K	+442	+78.1%
WFC Wells Fargo & Co.	2.51K	+339	+15.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

Adverse events concerning our existing tenants or negative market conditions affecting our existing tenants could have an adverse impact on our ability to attract new tenants, release space, collect rent or renew leases, and thus could adversely affect cash flow from operations and inhibit growth.
We may not be able to compete successfully with other entities that operate in our industry.
We may experience increased operating costs which could adversely affect our financial results and the value of our properties.
Our ability to achieve growth in operating income depends in part on its ability to develop additional properties or acquire and redevelop or renovate existing properties.
We face risks associated with property acquisitions.
Many of our properties are concentrated in our primary markets and we may suffer economic harm as a result of adverse conditions in those markets.
We are leveraged and may not be able to meet our debt service obligations.
We may not be able to access financial markets to obtain capital on a timely basis, or on acceptable terms.
We may suffer adverse effects as a result of terms and covenants relating to our indebtedness.
Our degree of leverage could limit our ability to obtain additional financing or affect the market price of our common stock.
An increase in interest rates would increase interest costs on variable rate debt and could adversely impact the ability to refinance existing debt.
Unbudgeted capital expenditures or cost overruns could adversely affect business operations and cash flow.
We may need to sell properties from time to time for cash flow purposes.
We intend to devote resources to the development of new projects.
FACTORS AFFECTING THE INDUSTRY
The overall business is subject to all of the risks associated with the real estate industry.
Our performance and value are subject to risks associated with our real estate assets and with the real estate industry.
Adverse economic and geopolitical conditions and dislocations in the credit markets could have a material adverse effect on our results of operations, and financial condition.
Real estate investments are illiquid, and we may not be able to sell properties if and when it is appropriate to do so.
General real estate investment risks may adversely affect property income and values.
National and regional economic environments can negatively impact our liquidity and operating results.

Management Discussion

Many of the variations in the results of operations, discussed below, occurred because of the transactions affecting our properties described above, including those related to the Lease-Up Properties and the Disposition Properties (each as defined below).
For purposes of the discussion below, we define "Same Properties" as those properties that are substantially leased-up and in operation for the entirety of both periods of the comparison. Non-Same Properties for comparison purposes include those properties that have been recently constructed or leased-up (“Lease-up Properties”) and properties that have been disposed of ("Disposition Properties"). A developed property is considered leased-up, when it achieves occupancy of 80% or more.We move a property in and out of Same Properties based on whether the property is substantially leased-up and in operation for the entirety of both periods of the comparison. Accordingly, the Same Properties consist of all properties, excluding the Lease-up Properties and the Disposition Properties for the periods of comparison.
For the comparison of the year ended December 31, 2020 to the year ended December 31, 2019, the Lease-up Properties are Forest Grove, Parc at Denham Springs Phase II and Sugar Mill Phase III; and the Disposition Properties are Bridge View Plaza, Farnham Park and Villager.

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From filing 10-K 2020 FY