Terreno Realty (TRNO) Expected to Announce Earnings on Wednesday

Terreno Realty (NYSE:TRNO - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect Terreno Realty to post earnings of $0.64 per share and revenue of $108.01 million for the quarter.

Terreno Realty (NYSE:TRNO - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.62 EPS for the quarter, topping the consensus estimate of $0.38 by $0.24. Terreno Realty had a net margin of 48.18% and a return on equity of 5.20%. On average, analysts expect Terreno Realty to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Terreno Realty Stock Down 1.1 %

Shares of NYSE TRNO opened at $56.30 on Wednesday. The business has a 50-day simple moving average of $60.62 and a two-hundred day simple moving average of $61.68. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.24. Terreno Realty has a 52 week low of $48.18 and a 52 week high of $71.63. The company has a market cap of $5.80 billion, a P/E ratio of 29.32, a P/E/G ratio of 2.82 and a beta of 1.07.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TRNO shares. Barclays dropped their price objective on shares of Terreno Realty from $60.00 to $57.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft began coverage on shares of Terreno Realty in a report on Tuesday, January 14th. They set a "hold" rating and a $60.00 target price on the stock. JMP Securities reiterated a "market outperform" rating and set a $72.00 price target on shares of Terreno Realty in a report on Monday, February 10th. Scotiabank reduced their target price on Terreno Realty from $68.00 to $57.00 and set a "sector perform" rating on the stock in a research note on Monday, April 7th. Finally, Piper Sandler lowered their price target on shares of Terreno Realty from $61.00 to $60.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Terreno Realty presently has an average rating of "Hold" and an average target price of $66.45.

About Terreno Realty

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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