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Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

$58.39
-1.12 (-1.88%)
(As of 04/16/2024 ET)
Today's Range
$58.06
$59.30
50-Day Range
$58.39
$66.41
52-Week Range
$50.42
$66.63
Volume
800,018 shs
Average Volume
702,971 shs
Market Capitalization
$5.64 billion
P/E Ratio
32.26
Dividend Yield
3.08%
Price Target
$67.11

Terreno Realty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
14.9% Upside
$67.11 Price Target
Short Interest
Healthy
1.68% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Terreno Realty in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.96%
From $2.41 to $2.65 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.

4.04 out of 5 stars

Finance Sector

301st out of 840 stocks

Real Estate Industry

4th out of 24 stocks

TRNO stock logo

About Terreno Realty Stock (NYSE:TRNO)

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, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land parcels consisting of approximately 152.4 acres, seven properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), commencing with its taxable year ended December 31, 2010.

TRNO Stock Price History

TRNO Stock News Headlines

Unfinished Hialeah warehouse park 100% pre-leased
BUY ALERT: Billionaires piling into this asset class
Legendary investor Warren Buffett has poured over $500 million into gold! It's a BIG move by one of the world's most cautious investors.
KeyBanc Sticks to Their Buy Rating for Terreno Realty (TRNO)
BUY ALERT: Billionaires piling into this asset class
Legendary investor Warren Buffett has poured over $500 million into gold! It's a BIG move by one of the world's most cautious investors.
Analyst Expectations For Terreno Realty's Future
Terreno Realty Prices Public Offering Of 5.5 Mln Shares At $62/Shr
Terreno (TRNO) Earnings Dates & Reports
Terreno Realty Corporation
Terreno Realty Updates At the Market Equity Program
Terreno Realty declares $0.45 dividend
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 4/5 Dividend
3/27/2024
Dividend Payable
4/05/2024
Today
4/16/2024
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
42
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.11
High Stock Price Target
$73.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+14.9%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$151.46 million
Pretax Margin
46.81%

Debt

Sales & Book Value

Annual Sales
$323.59 million
Cash Flow
$2.39 per share
Book Value
$34.13 per share

Miscellaneous

Free Float
94,495,000
Market Cap
$5.64 billion
Optionable
Optionable
Beta
0.81
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TRNO Stock Analysis - Frequently Asked Questions

Should I buy or sell Terreno Realty stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last twelve months. There are currently 5 hold ratings and 4 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?

9 equities research analysts have issued twelve-month target prices for Terreno Realty's shares. Their TRNO share price targets range from $62.00 to $73.00. On average, they anticipate the company's stock price to reach $67.11 in the next year. This suggests a possible upside of 14.9% 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 at the beginning of the year. Since then, TRNO stock has decreased by 6.8% and is now trading at $58.39.
View the best growth stocks for 2024 here
.

Are investors shorting Terreno Realty?

Terreno Realty saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a decrease of 37.2% from the March 15th total of 2,580,000 shares. Based on an average daily trading volume, of 700,300 shares, the days-to-cover ratio is currently 2.3 days.
View Terreno Realty's Short Interest
.

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) released its quarterly earnings data on Wednesday, February, 7th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.10. The real estate investment trust had revenue of $86.48 million for the quarter, compared to analysts' expectations of $84.06 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 announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.45 per share on Friday, April 5th. This represents a $1.80 dividend on an annualized basis and a yield of 3.08%. 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 2.96%. 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 67.92% 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 variety of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.23%), Park Avenue Securities LLC (0.00%), Los Angeles Capital Management LLC (0.00%) and Mather Group LLC. (0.00%). 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 4/16/2024 by MarketBeat.com Staff

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