Docoh
Loading...

TCI Transcontinental Realty Investors

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.

TCI stock data

(
)

Calendar

26 Mar 21
18 Apr 21
31 Dec 21
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

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 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%

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.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: accurately, ADA, advertising, affordability, Allenville, alternative, amenity, analyze, ancillary, arbitration, Arcadia, Arthur, assumption, Berger, billed, billing, Blue, bradford, Bridge, brought, Browning, capable, career, center, climate, complex, compromised, concurrent, concurrently, confidence, confirming, congregation, consumer, contrary, convenience, conventional, corroborate, CPA, critical, culture, decentralization, deed, deflationary, delinquency, detrimental, disagreement, disruption, distancing, easily, employment, enable, enforce, enforceable, erik, escalation, evicting, eviction, evolve, exposed, Facilitation, Farnham, FFO, fire, foregoing, Forest, geography, geopolitical, ground, Grove, home, HSW, identification, improper, instability, Interbank, InterFirst, johnson, Kent, LBL, leading, LIBOR, License, London, long, Los, MAC, Macerich, macroeconomic, meaningful, Midland, Mill, mortality, move, Municipal, NaN, Nareit, noncash, noncontrolling, nonpayment, novelty, Ohio, outbreak, Overlook, Overview, paradigm, Parc, Paul, people, pollution, Port, postponed, prolonged, protecting, reach, remeasured, remeasurement, representation, resident, resignation, restructure, satisfactory, Scientific, semiannual, similarly, size, Sky, social, spent, spread, storage, strict, strive, studio, Sugar, technology, titled, traditionally, translation, travel, turnover, unclear, underlining, unreimbursed, unwilling, vacancy, vaccinated, vaccine, Villager, volume, Walton, Westwood, Wisconsin, workmanship, world, worsen
Removed: accelerate, achievement, al, amortized, amortizing, anniversary, anticipated, Anticipation, appointment, appraisal, approach, ART, assuming, assure, assured, attempted, authorization, authorized, authorizing, awarding, banking, Baronne, bona, break, British, bulk, buy, buyer, caption, certification, challenge, client, CMET, Collin, commencing, component, composed, composition, Concentration, conditioned, consolidating, constant, consummation, contact, contamination, Continental, continually, continuously, conversion, converted, create, creating, Croslin, cumulative, customer, decade, decreased, Dedeaux, defendant, defer, dependence, designate, Designating, dilutive, directing, disclaim, discount, dismissed, district, diversification, diversified, Dominion, drew, duly, earlier, earned, efficient, EITF, eliminated, Eliminating, emerge, Emerging, employ, employing, enhance, enhanced, entered, environment, equipment, essential, estimating, execute, executed, execution, exemption, exercisable, exhaustive, Exhibit, expired, exposure, expressed, fact, factor, faith, favor, favorably, fide, final, FL, flexibility, focusing, Force, foresee, Forney, function, Gautier, golf, good, grant, guaranteed, guided, Gulfport, headquartered, herewith, highlight, hiring, historical, Humble, hypothetical, immaterial, impair, implied, improved, incidental, incorrect, initially, Instance, intercompany, internally, involve, JNOV, join, jointly, judge, Judgement, Judicial, jury, Kaufman, Label, labeled, Lacy, Lake, landlord, Lastly, Leman, life, line, Linkbase, litigated, Longhorn, lost, Lubbock, magnitude, materialize, maximized, McKinney, Mendoza, merged, methodology, Minivest, model, modified, multiple, Nashville, negotiated, negotiating, netted, Nicholson, nonaffiliated, noted, Notwithstanding, Ocean, omitted, open, opportunistic, opposition, orally, order, ordinary, organization, origin, originate, outcome, owed, owner, pace, Pacific, par, partially, partnership, Pensacola, predevelopment, prediction, prescribed, preventive, priced, properly, proportional, proportionate, prove, Railroad, RAMI, Ranch, ranging, ready, realizable, reflective, reliance, relying, remain, remained, remanded, removed, rentable, requisite, residual, resolution, rest, restriction, retaining, revised, reward, role, Schema, seasonal, securing, selective, sensitive, Shore, short, shown, significance, similarity, SOX, specifically, stabilized, straight, strategic, strong, styled, suit, supply, support, Swalm, Task, Taxonomy, technique, Tennessee, terrorism, theoretical, thereto, thereunto, TRAC, traditional, Treasurer, Triad, trial, Trustee, turn, ultimately, undersigned, undistributed, undue, unexercised, unimproved, Union, unrealized, UNRESOLVED, utilize, Verdict, Virgin, virtue, weighted, Willowick, Worth, writing, XBRL