FY2025 EPS Estimates for Terreno Realty Decreased by Wedbush

Terreno Realty Co. (NYSE:TRNO - Free Report) - Investment analysts at Wedbush lowered their FY2025 earnings estimates for shares of Terreno Realty in a research note issued on Monday, May 12th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $2.63 per share for the year, down from their previous estimate of $2.65. The consensus estimate for Terreno Realty's current full-year earnings is $2.64 per share. Wedbush also issued estimates for Terreno Realty's FY2026 earnings at $2.82 EPS.

TRNO has been the topic of several other research reports. Barclays dropped their target price on shares of Terreno Realty from $60.00 to $57.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 25th. StockNews.com upgraded Terreno Realty from a "sell" rating to a "hold" rating in a report on Friday. Deutsche Bank Aktiengesellschaft began coverage on Terreno Realty in a report on Tuesday, January 14th. They set a "hold" rating and a $60.00 price target for the company. BMO Capital Markets upped their price objective on shares of Terreno Realty from $71.00 to $73.00 and gave the company a "market perform" rating in a research note on Wednesday, February 12th. Finally, The Goldman Sachs Group upgraded shares of Terreno Realty from a "neutral" rating to a "buy" rating and upped their price target for the company from $65.00 to $77.00 in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $66.45.

Terreno Realty Stock Performance

Shares of TRNO stock opened at $59.45 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $59.78 and a 200-day simple moving average of $61.51. Terreno Realty has a 52-week low of $48.18 and a 52-week high of $71.63. The stock has a market cap of $6.12 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07.

Terreno Realty Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, June 27th will be paid a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend is Friday, June 27th. Terreno Realty's dividend payout ratio (DPR) is presently 102.08%.

Hedge Funds Weigh In On Terreno Realty

Several institutional investors have recently bought and sold shares of the stock. Barclays PLC grew its holdings in shares of Terreno Realty by 131.0% during the 3rd quarter. Barclays PLC now owns 169,980 shares of the real estate investment trust's stock worth $11,360,000 after purchasing an additional 96,380 shares in the last quarter. KBC Group NV boosted its position in Terreno Realty by 40.7% in the 4th quarter. KBC Group NV now owns 3,662 shares of the real estate investment trust's stock valued at $217,000 after buying an additional 1,059 shares during the last quarter. Asset Management One Co. Ltd. grew its position in shares of Terreno Realty by 1.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 178,760 shares of the real estate investment trust's stock worth $10,561,000 after buying an additional 2,755 shares during the period. New York State Teachers Retirement System acquired a new position in shares of Terreno Realty in the 4th quarter valued at $1,342,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Terreno Realty during the 4th quarter worth about $1,047,000.

Terreno Realty Company Profile

Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, DC All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited.

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