4 - TRANSCONTINENTAL REALTY INVESTORS INC (0000733590) (Issuer)

Pillar Income Asset Management ("Pillar") is pleased to announce that Bradley J. Muth has joined the Company as President & Chief Executive Officer. In addition, Mr. Muth was also recently appointed as President & Chief Executive Officer of American Realty Investors, Inc., Transcontinental Realty Investors, Inc., and Income Opportunity Realty Investors, Inc. (collectively referred to herein as the "Companies"), which are each managed by Pillar. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220111005907/en/Bradley Muth, Pillar Income Asset Management's newly appointed President and CEO. (Photo: Business Wire) Mr. Muth will work w

American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2024. For the three months ended June 30, 2024, we reported net income attributable to common shares of $1.2 million or $0.07 per diluted share, compared to net income attributable to common shares of $0.1 million or $0.01 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 78% at June 30, 2024, which includes 93% at our multifamily properties and 49% at our commercial properties. On July 10, 2024, we replaced the existing loan on Forest Grove with a $6.6 million loan that bears interest at SOFR plus 1.85% and matures on July 10, 2

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended June 30, 2024. For the three months ended June 30, 2024, we reported net income attributable to common shares of $1.5 million or $0.17 per diluted share, compared to a net income of $0.5 million or $0.06 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 78% at June 30, 2024, which includes 93% at our multifamily properties and 49% at our commercial properties. On July 10, 2024, we replaced the existing loan on Forest Grove with a $6.6 million loan that bears interest at SOFR plus 1.85% and matures on July 10, 2031. Financial Re

Pillar Income Asset Management ("Pillar") is pleased to announce the appointment of Erik Johnson as President and Chief Executive Officer, effective immediately. In addition, Mr. Johnson was also appointed President and Chief Executive Officer of American Realty Investors, Inc. (NYSE:ARL), Transcontinental Realty Investors, Inc. (NYSE:TCI), and Income Opportunity Realty Investors, Inc. (NYSE:IOR), collectively referred to herein as the "Companies", which are each managed by Pillar. Mr. Johnson has served Pillar as Interim President since April 2023 and as Executive Vice and Chief Financial Officer since June 2020. He has also served as Executive Vice President and Chief Financial Officer

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended March 31, 2024. For the three months ended March 31, 2024, we reported net income attributable to common shares of $2.5 million or $0.30 per diluted share, compared to a net income of $3.5 million or $0.41 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 79% at March 31, 2024, which includes 94% at our multifamily properties and 49% at our commercial properties. On February 8, 2024, we extended the maturity of our loan on Windmill Farms to February 28, 2026 at an interest rate of 7.50%. Financial Results Rental revenues incr

American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended March 31, 2024. For the three months ended March 31, 2024, we reported net income attributable to common shares of $1.8 million or $0.11 per diluted share, compared to net income attributable to common shares of $3.0 million or $0.18 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 79% at March 31, 2024, which includes 94% at our multifamily properties and 49% at our commercial properties. On February 8, 2024, we extended the maturity of our loan on Windmill Farms to February 28, 2026 at an interest rate of 7.50%. Financial Results

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended December 31, 2023. For the three months ended December 31, 2023, we reported net loss attributable to common shares of $2.6 million or $0.30 per diluted share, compared to a net income of $58.9 million or $6.82 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 77% at December 31, 2023, which includes 92% at our multifamily properties and 49% at our commercial properties. On November 6, 2023, we entered into a $25.4 million construction loan to construct a 216 unit multifamily property in McKinney, Texas ("Merano") that bears interest a

American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the quarter ended December 31, 2023. For the three months ended December 31, 2023, we reported net loss attributable to common shares of $2.1 million or $0.13 per diluted share, compared to net income attributable to common shares of $43.4 million or $2.69 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 77% at December 31, 2023, which includes 92% at our multifamily properties and 49% at our commercial properties. On November 6, 2023, we entered into a $25.4 million construction loan to construct a 216 unit multifamily property in McKinney, Texas ("Merano") t

  Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended September 30, 2023. For the three months ended September 30, 2023, we reported net income attributable to common shares of $4.5 million or $0.52 per diluted share, compared to a net income of $378.4 million or $43.79 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 79% at September 30, 2023, which includes 96% at our multifamily properties and 49% at our commercial properties. On August 28, 2023, we paid off the $1.2 million loan on Athens. On November 6, 2023, we obtained a $25.4 million construction loan to build a 216 u

American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended September 30, 2023. For the three months ended September 30, 2023, we reported net income attributable to common shares of $3.0 million or $0.18 per diluted share, compared to net income attributable to common shares of $302.3 million or $18.72 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 79% at September 30, 2023, which includes 96% at our multifamily properties and 49% at our commercial properties. On August 28, 2023, we paid off the $1.2 million loan on Athens. On November 6, 2023, we obtained a $25.4 million construction loan

American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the quarter ended June 30, 2023. For the three months ended June 30, 2023, we reported net income attributable to common shares of $0.1 million or $0.01 per diluted share, compared to net income attributable to common shares of $16.3 million or $1.01 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 81% at June 30, 2023, which includes 93% at our multifamily properties and 59% at our commercial properties. On January 31, 2023, we paid off our $67.5 million Series C bonds from cash received from the sale of the VAA Sale Portfolio. On May 4, 2023, we paid off

Transcontinental Realty (NYSE:TCI) reported quarterly earnings of $0.30 per share. This is a 26.83 percent decrease over earnings of $0.41 per share from the same period last year. The company reported $11.90 million in sales this quarter. This is a 1.81 percent increase over sales of $11.69 million the same period last year.

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. American Realty Investors, Inc. (NYSE:ARL) On March 22, American Realty Investors posted a loss for the fourth quarter. The c

Transcontinental Realty (NYSE:TCI) reported quarterly losses of $(0.30) per share. This is a 104.4 percent decrease over earnings of $6.82 per share from the same period last year. The company reported $13.45 million in sales this quarter. This is a 5.23 percent increase over sales of $12.78 million the same period last year.

The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the real estate sector: Transcontinental Realty (NYSE:TCI) - P/E: 4.95 Forestar Group (NYSE:FOR) - P/E: 8.95 AFC Gamma (NASDAQ:AFCG) - P/E: 7.03 Chicago Atlantic Real (NASDAQ:REFI) - P/E: 8.0 American Rea

The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the real estate sector: PennyMac Mortgage (NYSE:PMT) - P/E: 8.56 Presidio Property Trust (NASDAQ:SQFT) - P/E: 0.72 Ready Capital (NYSE:RC) - P/E: 3.89 Transcontinental Realty (NYSE:TCI) - P/E: 5.11 Americ

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the real estate sector: Arbor Realty Trust (NYSE:ABR) - P/E: 8.47 Transcontinental Realty (NYSE:TCI) - P/E: 5.04 Seven Hills Realty Trust (NASDAQ:SEVN) - P/E: 7.54 Rithm Capital (NYSE:RITM) - P/E: 7.3 Corporacion Inmobiliaria (NYSE:VTMX) - P/E: 9.88 Arbor Realty Trust has reported Q3 earnings per share at $0.55, which has decreased by 3.51% comp

Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching: AFC Gamma (NASDAQ:AFCG) - P/E: 8.07 Transcontinental Realty (NYSE:TCI) - P/E: 4.49 Ready Capital (NYSE:RC) - P/E: 4.64 Five Point Holdings (NYSE:FPH) - P/E: 5.25 Comst

The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching: Ready Capital (NYSE:RC) - P/E: 4.46 Five Point Holdings (NYSE:FPH) - P/E: 4.72 Transcontinental Realty (NYSE:TCI) - P/E: 3.92 Arbor Realty Trust (NYSE:ABR) - P/E:

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the real estate sector: Forestar Group (NYSE:FOR) - P/E: 8.86 Transcontinental Realty (NYSE:TCI) - P/E: 3.85 Comstock Holding Co (NASDAQ:CHCI) - P/E: 6.86 Chicago Atlantic Real (NASDAQ:REFI) - P/E: 7.67 RMR Gr (NASDAQ:RMR) - P/E: 6.22 Forestar Group saw an increase in earnings per share from 0.93 in Q3 to $1.44 now. This quarter, Transcontinenta