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West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Macron booed by French farmers who blame him for not doing enough to support agriculture
Sneaky CEO Hides Monster AI Stock Under Secret Trade Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

$62.93
-0.13 (-0.21%)
(As of 02/23/2024 ET)
Today's Range
$62.71
$63.18
50-Day Range
$59.73
$63.66
52-Week Range
$50.42
$65.13
Volume
531,256 shs
Average Volume
564,911 shs
Market Capitalization
$5.54 billion
P/E Ratio
34.77
Dividend Yield
2.86%
Price Target
$64.88

Terreno Realty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
3.1% Upside
$64.88 Price Target
Short Interest
Healthy
3.09% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.47mentions of Terreno Realty in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$386,940 Sold Last Quarter
Proj. Earnings Growth
9.70%
From $2.37 to $2.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.83 out of 5 stars

Finance Sector

540th out of 832 stocks

Real Estate Industry

12th out of 25 stocks


TRNO stock logo

About Terreno Realty Stock (NYSE:TRNO)

Terreno Realty Corporation ("Terreno", and together with its subsidiaries, "we", "us", "our", "our Company", or "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, D.C. We invest in several types of industrial real estate, including warehouse/distribution (approximately 76.3% of our total annualized base rent as of September 30, 2023), flex (including light industrial and research and development, or R&D) (approximately 3.8%), transshipment (approximately 6.7%) and improved land (approximately 13.2%). We target functional properties in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which we operate. Infill locations are geographic locations surrounded by high concentrations of already developed land and existing buildings. As of September 30, 2023, we owned a total of 257 buildings aggregating approximately 15.8 million square feet, 46 improved land parcels (including one improved land parcel held for sale) consisting of approximately 165.8 acres, eight properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. As of September 30, 2023, our buildings and improved land parcels were approximately 98.3% and 96.3% leased, respectively, to 563 customers, the largest of which accounted for approximately 3.6% of our total annualized base rent.

TRNO Stock Price History

TRNO Stock News Headlines

AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Terreno Realty Updates At the Market Equity Program
Terreno Realty declares $0.45 dividend
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Terreno Realty Corp TRNO
BTIG Reaffirms Their Buy Rating on Terreno Realty (TRNO)
Terreno Realty (TRNO) Disposes of NJ Property for $17.8M
Terreno Realty: Quality Is Expensive
See More Headlines
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Company Calendar

Last Earnings
5/06/2020
Ex-Dividend for 1/5 Dividend
12/14/2023
Dividend Payable
1/05/2024
Today
2/25/2024
Ex-Dividend for 4/5 Dividend
3/27/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Industrial REITs
CUSIP
88146M10
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.88
High Stock Price Target
$71.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+3.1%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$151.46 million
Pretax Margin
46.81%

Debt

Sales & Book Value

Annual Sales
$323.59 million
Cash Flow
$2.48 per share
Book Value
$33.12 per share

Miscellaneous

Free Float
85,884,000
Market Cap
$5.54 billion
Optionable
Optionable
Beta
0.80
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TRNO Stock Analysis - Frequently Asked Questions

Should I buy or sell Terreno Realty stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRNO, but not buy additional shares or sell existing shares.
View TRNO analyst ratings
or view top-rated stocks.

What is Terreno Realty's stock price target for 2024?

8 analysts have issued 12 month price targets for Terreno Realty's stock. Their TRNO share price targets range from $52.00 to $71.00. On average, they expect the company's share price to reach $64.88 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
View analysts price targets for TRNO
or view top-rated stocks among Wall Street analysts.

How have TRNO shares performed in 2024?

Terreno Realty's stock was trading at $62.67 on January 1st, 2024. Since then, TRNO stock has increased by 0.4% and is now trading at $62.93.
View the best growth stocks for 2024 here
.

When is Terreno Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TRNO earnings forecast
.

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) announced its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates of $0.19. The real estate investment trust earned $45.12 million during the quarter, compared to analysts' expectations of $45.40 million. Terreno Realty had a net margin of 46.76% and a trailing twelve-month return on equity of 5.55%.

How often does Terreno Realty pay dividends? What is the dividend yield for Terreno Realty?

Terreno Realty declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.45 per share on Friday, April 5th. This represents a $1.80 annualized dividend and a yield of 2.86%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for TRNO
.

Is Terreno Realty a good dividend stock?

Terreno Realty (NYSE:TRNO) pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.85%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 99.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRNO will have a dividend payout ratio of 69.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRNO.

What other stocks do shareholders of Terreno Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Terreno Realty investors own include Prologis (PLD), STAG Industrial (STAG), Pfizer (PFE), AbbVie (ABBV), Cisco Systems (CSCO), Verizon Communications (VZ), Abbott Laboratories (ABT), Archer-Daniels-Midland (ADM), PepsiCo (PEP) and QUALCOMM (QCOM).

Who are Terreno Realty's major shareholders?

Terreno Realty's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.71%), Principal Financial Group Inc. (5.18%), Price T Rowe Associates Inc. MD (4.40%), Nuveen Asset Management LLC (1.68%), Goldman Sachs Group Inc. (1.48%) and Schroder Investment Management Group (1.46%). Insiders that own company stock include Leroy E Carlson, Melinda Weston, Michael A Coke and W Blake Baird.
View institutional ownership trends
.

How do I buy shares of Terreno Realty?

Shares of TRNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TRNO) was last updated on 2/25/2024 by MarketBeat.com Staff