Terreno Realty Stock Price, News & Analysis (NYSE:TRNO) $58.87 -0.06 (-0.10%) (As of 02:19 PM ET) Add Compare Share Share Today's Range$58.47▼$59.0750-Day Range$50.62▼$59.4352-Week Range$50.42▼$67.03Volume237,222 shsAverage Volume552,570 shsMarket Capitalization$5.03 billionP/E Ratio30.82Dividend Yield3.06%Price Target$66.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Terreno Realty MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside13.5% Upside$66.50 Price TargetShort InterestBearish3.70% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth7.21%From $2.22 to $2.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsFinance Sector180th out of 685 stocksReal Estate Industry2nd out of 15 stocks 3.2 Analyst's Opinion Consensus RatingTerreno Realty has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.50, Terreno Realty has a forecasted upside of 13.5% from its current price of $58.61.Amount of Analyst CoverageTerreno Realty has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.70% of the outstanding shares of Terreno Realty have been sold short.Short Interest Ratio / Days to CoverTerreno Realty has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Terreno Realty has recently increased by 29.51%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTerreno Realty pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTerreno Realty has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Terreno Realty is 94.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Terreno Realty will have a dividend payout ratio of 75.63% in the coming year. This indicates that Terreno Realty may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRNO. Previous Next 3.7 News and Social Media Coverage News SentimentTerreno Realty has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Terreno Realty this week, compared to 3 articles on an average week.Search Interest1 people have searched for TRNO on MarketBeat in the last 30 days. MarketBeat Follows10 people have added Terreno Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Terreno Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.40% of the stock of Terreno Realty is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Terreno Realty are expected to grow by 7.21% in the coming year, from $2.22 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Terreno Realty is 30.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Terreno Realty is 30.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.15.Price to Earnings Growth RatioTerreno Realty has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTerreno Realty has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More TRNO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRNO Stock News HeadlinesDecember 8, 2023 | americanbankingnews.comTerreno Realty (NYSE:TRNO) Now Covered by Analysts at Wells Fargo & CompanyDecember 6, 2023 | americanbankingnews.comTerreno Realty (NYSE:TRNO) Price Target Cut to $52.00 by Analysts at MizuhoDecember 8, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.December 5, 2023 | markets.businessinsider.comAnalyst Ratings for Terreno RealtyDecember 4, 2023 | americanbankingnews.comFY2023 EPS Estimates for Terreno Realty Co. Increased by KeyCorp (NYSE:TRNO)December 1, 2023 | americanbankingnews.comTerreno Realty Co. (NYSE:TRNO) Given Average Recommendation of "Hold" by BrokeragesNovember 30, 2023 | markets.businessinsider.comTerreno Realty’s Strong Performance and Future Potential Affirm Buy RatingNovember 8, 2023 | markets.businessinsider.comStrong Portfolio Performance and Efficient Management Justify Buy Rating for Terreno Realty Despite Price Target RevisionDecember 8, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.November 3, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These NA Stocks: Airbnb (ABNB), Terreno Realty (TRNO) and SiteOne Landscape Supply (SITE)November 2, 2023 | msn.comTerreno Realty FFO of $0.57 beats by $0.01, revenue of $82.92M beats by $1.62MNovember 1, 2023 | finance.yahoo.comTerreno Realty Corporation Declares Quarterly Dividend and Files Third Quarter 2023 Financial StatementsOctober 20, 2023 | finance.yahoo.comIs it a Good Choice to Invest in Terreno Realty (TRNO)?October 19, 2023 | finance.yahoo.comDown -11.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Terreno (TRNO)October 13, 2023 | msn.comJMP Securities Reiterates Terreno Realty (TRNO) Market Outperform RecommendationOctober 13, 2023 | finance.yahoo.comTerreno (TRNO) Continues Acquisitions, Buys Brooklyn PropertyOctober 12, 2023 | finance.yahoo.comTerreno Realty Corporation Acquires Property in Brooklyn, NY for $27.5 MillionOctober 11, 2023 | finance.yahoo.comTerreno Realty Corporation Acquires Property in Redondo Beach, CA for $45.7 MillionOctober 10, 2023 | msn.comTerreno Realty Q3 Developments: Attained 98.3% Occupancy, No Debt Maturities In 2023 & MoreOctober 10, 2023 | finance.yahoo.comTerreno Realty (TRNO) Sees Solid Rent Growth & Occupancy in Q3October 9, 2023 | msn.comTerreno Realty's occupancy edges up, cash rents on new, renewed leases climbOctober 6, 2023 | finance.yahoo.comTerreno Realty (TRNO) Sells Industrial Property for $18MOctober 5, 2023 | markets.businessinsider.comTerreno Realty Sells Property In Hanover, Maryland For $18.0 MlnOctober 5, 2023 | finance.yahoo.comTerreno Realty Corporation Sells Property in Hanover, MD for $18.0 MillionOctober 3, 2023 | msn.comTerreno Realty: Buy The Dip On This Top Industrial PlayerSeptember 30, 2023 | finance.yahoo.comThe Warning High-Yield Stock Investors Shouldn't IgnoreSeptember 20, 2023 | finance.yahoo.comTerreno Plans $41M Office-to-Industrial Project in Orange CountySee More Headlines Receive TRNO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Terreno Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Last Earnings11/01/2023Today12/08/2023Ex-Dividend for 1/5 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/05/2024Next Earnings (Estimated)2/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate Sub-IndustryIndustrial REITs SectorFinance Current SymbolNYSE:TRNO CUSIP88146M10 CIK1476150 Webwww.terreno.com Phone(415) 655-4580Fax415-655-4599Employees40Year FoundedN/APrice Target and Rating Average Stock Price Target$66.50 High Stock Price Target$80.00 Low Stock Price Target$52.00 Potential Upside/Downside+12.9%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.91 Trailing P/E Ratio30.84 Forward P/E Ratio26.54 P/E Growth2.95Net Income$198.01 million Net Margins48.75% Pretax Margin48.79% Return on Equity5.98% Return on Assets4.32% Debt Debt-to-Equity Ratio0.29 Current Ratio1.32 Quick Ratio1.32 Sales & Book Value Annual Sales$313.11 million Price / Sales16.06 Cash Flow$3.27 per share Price / Cash Flow18.03 Book Value$29.31 per share Price / Book2.01Miscellaneous Outstanding Shares85,386,000Free Float83,508,000Market Cap$5.03 billion OptionableOptionable Beta0.83 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. W. Blake Baird (Age 62)Co-Founder, Chairman & CEO Comp: $809.15kMr. Michael A. Coke CPA (Age 55)Co-Founder, President & Director Comp: $809.15kMr. Jaime Jackson Cannon (Age 48)Executive VP, CFO, Head of Investor Relations & Secretary Comp: $776.65kMr. John Tull Meyer (Age 63)Executive Vice President Comp: $776.65kMs. Melinda E. WestonChief Accounting OfficerKey CompetitorsColliers International GroupNASDAQ:CIGIFirstServiceNASDAQ:FSVInnovative Industrial PropertiesNYSE:IIPRUrban Edge PropertiesNYSE:UECushman & WakefieldNYSE:CWKView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 11,490 shares on 12/6/2023Ownership: 0.052%Wellington Management Group LLPBought 46,475 shares on 12/1/2023Ownership: 0.700%American Century Companies Inc.Sold 270,778 shares on 11/30/2023Ownership: 0.611%Deutsche Bank AGSold 17,161 shares on 11/24/2023Ownership: 0.078%Creative PlanningBought 5,026 shares on 11/16/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions TRNO Stock Analysis - Frequently Asked Questions Should I buy or sell Terreno Realty stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last year. There are currently 4 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? 7 Wall Street research analysts have issued 1 year price objectives for Terreno Realty's shares. Their TRNO share price targets range from $52.00 to $80.00. On average, they anticipate the company's share price to reach $66.50 in the next year. This suggests a possible upside of 13.5% 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 2023? Terreno Realty's stock was trading at $56.87 on January 1st, 2023. Since then, TRNO shares have increased by 3.1% and is now trading at $58.61. View the best growth stocks for 2023 here. Are investors shorting Terreno Realty? Terreno Realty saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,160,000 shares, an increase of 29.5% from the October 31st total of 2,440,000 shares. Based on an average daily volume of 546,900 shares, the short-interest ratio is currently 5.8 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, February 14th 2024. View our TRNO earnings forecast. How were Terreno Realty's earnings last quarter? Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings data on Wednesday, November, 1st. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.56 by $0.20. The real estate investment trust had revenue of $82.92 million for the quarter, compared to the consensus estimate of $80.70 million. Terreno Realty had a net margin of 48.75% and a trailing twelve-month return on equity of 5.98%. How often does Terreno Realty pay dividends? What is the dividend yield for Terreno Realty? Terreno Realty announced a quarterly dividend on Wednesday, November 1st. Stockholders of record on Friday, December 15th will be given a dividend of $0.45 per share on Friday, January 5th. This represents a $1.80 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Thursday, December 14th. 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 3.03%. 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 94.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRNO will have a dividend payout ratio of 75.63% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TRNO. What ETFs hold Terreno Realty's stock? ETFs with the largest weight of Terreno Realty (NYSE:TRNO) stock in their portfolio include Private Real Estate Strategy via Liquid REITs ETF (PRVT), Principal Real Estate Active Opportunities ETF (BYRE), Pacer Industrial Real Estate ETF (INDS), U.S. Diversified Real Estate ETF (PPTY), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco Active U.S. Real Estate ETF (PSR), SP Funds S&P Global REIT Sharia ETF (SPRE) and WisdomTree New Economy Real Estate Fund (WTRE). 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 many different institutional and retail investors. Top institutional investors include FMR LLC (6.16%), Principal Financial Group Inc. (5.33%), Invesco Ltd. (4.82%), JPMorgan Chase & Co. (2.14%), PGGM Investments (1.71%) and Morgan Stanley (1.63%). Insiders that own company stock include Leroy E Carlson, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:TRNO) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Terreno Realty Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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