TRANSCONTINENTAL REALTY INVESTORS (TCI)
Real Estate · Real estate investment trust (REIT) / Multifamily and commercial real estate · NYSE
A Southern-focused real estate investment company owning and developing multifamily and commercial properties while managing mortgage note investments and land parcels.
What TRANSCONTINENTAL REALTY INVESTORS does
Transcontinental Realty Investors is an externally managed real estate company that owns, operates, develops, and manages a portfolio of multifamily and commercial properties, primarily in the Southern United States. The company also invests in mortgage notes receivable and holds land for development or long-term appreciation. TCI is part of a complex corporate structure where it is controlled by American Realty Investors (ARL) and manages Income Opportunity Realty Investors (IOR).
Themes: Multifamily housing / residential real estate, Commercial real estate, Real estate development, Real estate debt / mortgage lending
Fundamentals
- Price$37.91 as of 2026-08-21 close
- Market cap$333M as of 2026-08-21
- 1-year return-17.4% 2025-08-21 close $45.92 → 2026-08-21 close $37.91
- P/E34.90 as of 2026-08-24
- Net margin+18.9% as of 2026-08-24
- Gross margin+40.8% as of 2026-08-24
- ROE+1.1% as of 2026-08-24
- Debt / equity0.25 as of 2026-08-24
- Revenue growth (YoY)+4.7% as of 2026-08-24
- Revenue CAGR (3y)+10.2% SEC XBRL
- Beta0.58 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How TCI compares in its sector
- price-to-earnings ratiomiddle range 122 covered Real Estate peers, as of 2026-08-24
- net profit marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- operating marginbottom 10% 161 covered Real Estate peers, as of 2026-08-24
- gross marginbottom 25% 156 covered Real Estate peers, as of 2026-08-24
- return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 155 covered Real Estate peers
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How TRANSCONTINENTAL REALTY INVESTORS looks technically
TRANSCONTINENTAL REALTY INVESTORS (TCI) is trading 12.4% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 102 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 5 trading days ago. It is 35.6% below its highest point of the past year. Trading volume is unusually light — only about 21% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 12.4% below its 200-day average, the long-term trend line — a long-term downtrend | -12.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $41.46 | $41.46 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $43.27 | $43.27 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 11 calendar days ago — the swings before that are what the structure reading is measured on | 11 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that downward direction; the labelling fails if price closes above 39.75. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a completed three-part correction. | possible downward five-wave sequence, in wave 4 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 102 trading days ago — a "death cross", a bearish long-term signal | 102 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend) | 19.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 45.9 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($34.56 to $44.75) — its "stochastic" reading is 33 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 32.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $58.91 | $58.91 |
|---|---|---|
| From the 52-week high | it is 35.6% below its 52-week high (its highest price of the past year) | -35.6% |
| Above the 52-week low | it is 20.4% above its 52-week low (its lowest price of the past year) | +20.4% |
| Below the 52-week high | it is 35.6% below its highest point of the past year | 35.6% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day low about 5 trading days ago | 5 sessions |
| All-time high | its highest closing price on record is $58.91 (set on 2026-01-02) | $58.91 |
| Given back of the 52-week move | over the past year its closes ranged ($33.10 to $58.91), and it has recovered roughly a quarter of its fall from last year’s high — 19% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $49.05 to $49.88. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 18.6% |
| From the all-time high | it is 35.6% below its all-time high | -35.6% |
| Nearest price level | it is trading 4.2% above a support level at $36.34 — a price it turned at twice since 2025-05-13, most recently on 2026-06-17. Since 2024-08-21 it has 8 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -4.2% |
| All-time low | its lowest closing price on record is $1.56 (set on 2011-12-28) | $1.56 |
| Above the all-time low | it is 2334.8% above its all-time low | +2,335% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 64th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.17 between its high and its low — about 5.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.17 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $33.27 and $44.34 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $33.27 – $38.80 – $44.34 |
| Typical daily range (% of price) | its price moves about 5.7% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.7% |
| Stretch from the 200-day average | it is trading 2.5 daily ranges below its 200-day average price (12.4% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 21% of its 30-day average | 0.21× |
|---|
Candlestick patterns
1
| Since a doji | 8 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 8 sessions ago |
|---|
Price gaps
1
| Gap filled | a 2.3% gap down opened on 2026-07-23 has been "filled" 19 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 19 sessions ago |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 13.3 percentage points (the stock lost 10.9% while the market gained 2.3%) | -13.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 2.4 percentage points (the stock gained 5.5% while the market gained 3.1%) | +2.4% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 27.6 percentage points (the stock lost 16.5% while the market gained 11.1%) | -27.6% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 37.9 percentage points (the stock lost 17.4% while the market gained 20.5%) | -37.9% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 11% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 5.5% of the share price. | -11.2% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 8% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $41.01 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -7.6% |
|---|
Price levels it has turned at before
TCI last closed at $37.91 on 2026-08-21. Since 2024-08-21 it has turned at 8 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $36.34 | Support | 4.2% below the last close | turned there twice · 2025-05-13 to 2026-06-17 |
| $39.89 | Resistance | 5.2% above the last close | turned there three times · 2025-05-29 to 2026-07-23 |
| $34.73 | Support | 8.4% below the last close | turned there four times · 2026-03-06 to 2026-08-10 |
| $41.28 | Resistance | 8.9% above the last close | turned there twice · 2026-03-16 to 2026-06-12 |
| $42.85 | Resistance | 13.0% above the last close | turned there five times · 2025-07-28 to 2026-04-09 |
| $31.48 | Support | 17.0% below the last close | turned there twice · 2024-12-27 to 2026-03-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes above $39.75.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $36.96 and $39.66 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a completed three-part correction, which fails on a close below $34.56.
This reading has stood for 3 trading days, since 2026-08-19.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · trendless / choppy (low ADX) · lagging the market · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Related-party transactions and conflicts of interest with controlling shareholder ARL and affiliated advisor Pillar Income Asset Management may not be resolved in the company's favor","Real estate market volatility and economic downturns could reduce property values and rental revenue, particularly in the Southern United States markets where the portfolio is concentrated","Construction and development risks including cost overruns, delays, and lease-up challenges on properties under development (Alera, Bandera Ridge, Merano, Mountain Creek)"]
What changed in the latest 10-Q
AI-assisted comparison of TCI's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to Form 10-K for year ended December 31, 2025 (newer filing uses 2025 vs 2024 in older filing)
- Addition of 'Cash Management Agreement' to description of Pillar's agreements in newer filing
- Addition of specific ownership percentage: 'approximately 90.8% of ARL, which in turn owns approximately 79.2% of the Company' in newer filing
- Addition of 'may' in relation to knowing and unknown risks in newer filing
- New financing activity: 'On April 30, 2026, we extended the loan on Alera to September 15, 2026. The loan contains two one-year extension options.'
- New development activity: '21 lots from our holdings in Windmill Farms for $1.0 million, resulting in a gain on sale of $0.8 million' during three months ended March 31, 2026
- New development activity: '$0.4 million on reimbursable infrastructure investments' during three months ended March 31, 2026
- Details about completed multifamily properties: Alera (240 units in Lake Wales, Florida), Bandera Ridge (216 units in Temple, Texas), and Merano (216 units in McKinney, Texas) all completed in 2025
- Detail that three completed properties 'are currently in lease-up, which are expected to stabilize in 2026'
- Updated status on Mountain Creek: expected completion in 2027 instead of prior references
- Removed:
- Risk factor removed: 'risks associated with our dependence on key personnel whose continued service is not guaranteed' (present in older filing, absent in newer)
- Removal of reference to 'American Realty Investors, Inc. ("ARL"), who is our controlling shareholder' simplified language in newer filing
- Removal of 'and a Cash Management Agreement' reference from older 'Advisory Agreement' description (moved to addition)
- Removal of 'a specific' changed to 'for specific' in investment strategy description
- Removal of section header 'Acquisitions and Dispositions' changed to separate 'Disposition Activities' section
- Removal of dated financing activities from 2024 (January 1, 2024; February 8, 2024; July 10, 2024; October 21, 2024) not relevant to 2026 filing
- Removal of lot sales from December 13, 2024 and nine months ended September 30, 2025 aggregates (replaced by current period data)
- Removal of detailed explanation of Windmill Farms development structure and single family lot sales process
- Reworded:
- Changed 'demand for apartments and commercial properties' to 'demand for multifamily and commercial properties' in risk factors
- Changed 'render services' to 'rely upon the employees of Pillar to render services' in Pillar description
- Changed 'Pillar is considered to be a related party due to its common ownership with American Realty Investors, Inc. ("ARL"), who is our controlling shareholder' to detailed ownership structure with MRHI
- Changed 'financing and development activities' to 'disposition, financing and development activities' in section summary
- Changed header from 'Acquisitions and Dispositions' to 'Disposition Activities' (narrower focus in newer filing)
- Notes:
- The newer filing text appears truncated at the end ('As of March 31, 2026, we've incurred') making full assessment of development section impossible
- Older filing date (2025-11-06) covers nine months ended September 30, 2025, while newer filing (2026-05-07) covers three months ended March 31, 2026, creating different reporting periods that naturally explain some differences
- Comparison involves different fiscal year references (2024 vs 2025 for annual reports)
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
12 open-market purchases and 0 open-market sales by insiders in the last 90 days.
- Last 90 days12 buys ($231556) · 0 sells — 1 buying insider
- Last 180 days24 buys ($415460) · 0 sells — 1 buying insider
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-23. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about TCI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding TCI as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 108,724
- Reported value $3,792,294
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
TCI had 13,896 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
TCI had 0.16% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1 days to cover at the same settlement.
- Reported short interest (shares) 13,896
- Short interest (% of shares outstanding) 0.16%
- Prior settlement (shares) 16,054
- Reported change -13.44%
- Days to cover (reported) 1
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- American Realty Investors (ARL)
- Income Opportunity Realty Investors (IOR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare TCI vs…
TRANSCONTINENTAL REALTY INVESTORS is found in…
Frequently asked questions
What does TRANSCONTINENTAL REALTY INVESTORS (TCI) do?
Transcontinental Realty Investors is an externally managed real estate company that owns, operates, develops, and manages a portfolio of multifamily and commercial properties, primarily in the Southern United States. The company also invests in mortgage notes receivable and holds land for development or long-term appreciation. TCI is part of a complex corporate structure where it is controlled by American Realty Investors (ARL) and manages Income Opportunity Realty Investors (IOR).
What sector is TRANSCONTINENTAL REALTY INVESTORS (TCI) in?
TRANSCONTINENTAL REALTY INVESTORS (TCI) is classified in the Real Estate sector. Its industry is Real estate investment trust (REIT) / Multifamily and commercial real estate. It trades on NYSE.
Who are TRANSCONTINENTAL REALTY INVESTORS's (TCI) competitors?
Notable peers of TRANSCONTINENTAL REALTY INVESTORS (TCI) include American Realty Investors and Income Opportunity Realty Investors. This peer set is informational only — not financial advice.
Is TRANSCONTINENTAL REALTY INVESTORS (TCI) overbought or oversold right now?
TRANSCONTINENTAL REALTY INVESTORS (TCI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on TCI come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.