Terreno Realty Company Profile (NYSE:TRNO)

About Terreno Realty (NYSE:TRNO)

Terreno Realty logoTerreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (D.C.)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment. As of December 31, 2016, the Company owned 166 buildings aggregating approximately 12 million square feet and five land parcels consisting of 22.8 acres. As of December 31, 2016, its properties were leased to 376 customers. The Company focuses on functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Industrial REITs
  • Symbol: NYSE:TRNO
  • CUSIP: 88146M10
  • Web: www.terreno.com
Capitalization:
  • Market Cap: $1.61 billion
  • Outstanding Shares: 49,187,000
Average Prices:
  • 50 Day Moving Avg: $31.00
  • 200 Day Moving Avg: $28.41
  • 52 Week Range: $23.73 - $32.93
P/E:
  • Trailing P/E Ratio: 152.05
  • Foreward P/E Ratio: 58.38
  • P/E Growth: 6.54
Sales & Book Value:
  • Annual Revenue: $114.2 million
  • Price / Sales: 14.08
  • Book Value: $16.64 per share
  • Price / Book: 1.96
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 2.5%
Profitability:
  • EBIDTA: $61.7 million
  • Net Margins: 12.30%
  • Return on Equity: 1.81%
  • Return on Assets: 1.10%
Debt:
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 0.78%
  • Quick Ratio: 0.78%
Misc:
  • Average Volume: 309,875 shs.
  • Beta: 0.77
  • Short Ratio: 2.66
 

Frequently Asked Questions for Terreno Realty (NYSE:TRNO)

What is Terreno Realty's stock symbol?

Terreno Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRNO."

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

Terreno Realty declared a quarterly dividend on Thursday, May 4th. Investors of record on Friday, July 7th will be paid a dividend of $0.20 per share on Friday, July 21st. This represents a $0.80 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, July 5th. View Terreno Realty's Dividend History.

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.17. The business earned $31.44 million during the quarter, compared to the consensus estimate of $30.76 million. Terreno Realty had a return on equity of 1.81% and a net margin of 12.30%. View Terreno Realty's Earnings History.

When will Terreno Realty make its next earnings announcement?

Terreno Realty is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Terreno Realty.

Where is Terreno Realty's stock going? Where will Terreno Realty's stock price be in 2017?

10 brokers have issued 1-year target prices for Terreno Realty's shares. Their predictions range from $25.00 to $34.50. On average, they expect Terreno Realty's stock price to reach $30.31 in the next year. View Analyst Ratings for Terreno Realty.

What are analysts saying about Terreno Realty stock?

Here are some recent quotes from research analysts about Terreno Realty stock:

  • 1. National Securities analysts commented, "TRNO 1Q17 Recap: With TRNO’s shares reaching all-time highs and having appreciated from $20.12 where we rated the stock a BUY in our 7/28/15 initiation note, +59.2%, its current 26.37x 2018 P/FFO estimate is at a 44.2% premium to the sector multiple of 18.29x and appears fully valued even on next year’s numbers. As such, we are downgrading the shares to NEUTRAL from BUY. " (5/11/2017)
  • 2. According to Zacks Investment Research, "Terreno Realty Corporation is an internally managed real estate investment trust (REIT) focused on acquiring industrial real estate located in major coastal U.S. markets. The Company's main focus is on markets in Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area; and Washington, D.C./Baltimore. Terreno Realty Corporation focuses on investing in several types of industrial real estate, including warehouse/distribution, flex (including light manufacturing, and research and development) and trans-shipment. The Company will target functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets, in which it operates. The Company will utilize local third-party property managers for day-to-day property management. Terreno Realty Corporationy will make all operating and leasing decisions on its properties. " (5/6/2017)

Who are some of Terreno Realty's key competitors?

Who owns Terreno Realty stock?

Terreno Realty's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (15.28%), Vanguard Group Inc. (11.70%), BlackRock Inc. (8.86%), APG Asset Management US Inc. (3.53%), Schroder Investment Management Group (3.43%) and Goldman Sachs Group Inc. (2.99%). View Institutional Ownership Trends for Terreno Realty.

Who sold Terreno Realty stock? Who is selling Terreno Realty stock?

Terreno Realty's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Schroder Investment Management Group, Manning & Napier Advisors LLC, Russell Investments Group Ltd., Morgan Stanley, Lincluden Management Ltd., Moody Aldrich Partners LLC and AEW Capital Management L P. View Insider Buying and Selling for Terreno Realty.

Who bought Terreno Realty stock? Who is buying Terreno Realty stock?

Terreno Realty's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Adelante Capital Management LLC, Pax World Management LLC, Bank of America Corp DE, William Blair Investment Management LLC, Dimensional Fund Advisors LP and ProShare Advisors LLC. View Insider Buying and Selling for Terreno Realty.

How do I buy Terreno Realty stock?

Shares of Terreno Realty can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Terreno Realty stock cost?

One share of Terreno Realty stock can currently be purchased for approximately $32.69.

Analyst Ratings

Consensus Ratings for Terreno Realty (NYSE:TRNO) (?)
Ratings Breakdown: 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $30.31 (7.27% downside)

Analysts' Ratings History for Terreno Realty (NYSE:TRNO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Stifel NicolausBoost Price TargetBuy$29.00 -> $34.50LowView Rating Details
5/11/2017National SecuritiesDowngradeBuy -> Neutral$29.00 -> $33.00LowView Rating Details
5/8/2017WunderlichBoost Price TargetBuy$31.00 -> $34.00LowView Rating Details
4/17/2017Jefferies Group LLCReiterated RatingHold$29.00LowView Rating Details
2/9/2017FBR & CoBoost Price TargetMarket Perform$26.00 -> $28.00N/AView Rating Details
1/5/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight -> Neutral$29.00N/AView Rating Details
11/14/2016DA DavidsonReiterated RatingBuyN/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$30.00N/AView Rating Details
8/22/2016JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
7/28/2016Compass PointBoost Price TargetNeutral$23.00 -> $25.00N/AView Rating Details
1/12/2016Cowen and CompanyBoost Price Target$25.00N/AView Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$25.00N/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingOverweightN/AView Rating Details
10/19/2015Sandler O'NeillInitiated CoverageBuy$24.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Terreno Realty (NYSE:TRNO)
Earnings by Quarter for Terreno Realty (NYSE:TRNO)
Earnings History by Quarter for Terreno Realty (NYSE:TRNO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
5/3/2017Q1 2017$0.27$0.10$30.76 million$31.44 millionViewN/AView Earnings Details
2/10/2016Q4$0.25$0.17$24.99 million$24.20 millionViewN/AView Earnings Details
2/11/2015$0.21$0.19$18.75 millionViewN/AView Earnings Details
11/24/2014$0.23$0.22ViewN/AView Earnings Details
11/3/2014Q314$0.08$11.50 million$17.70 millionViewN/AView Earnings Details
8/11/2014$0.23$0.23$17.52 million$16.61 millionViewN/AView Earnings Details
5/12/2014$0.22$0.21$13.39 million$15.80 millionViewN/AView Earnings Details
11/6/2013Q313$0.17$0.15$9.27 million$1.52 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Terreno Realty (NYSE:TRNO)
Current Year EPS Consensus Estimate: $0.50 EPS
Next Year EPS Consensus Estimate: $0.56 EPS

Dividends

Current Dividend Information for Terreno Realty (NYSE:TRNO)
Next Dividend:7/21/2017
Annual Dividend:$0.80
Dividend Yield:2.45%
Dividend Growth:14.00% (3 Year Average)
Payout Ratio:347.83% (Trailing 12 Months of Earnings)
160.00% (Based on This Year's Estimates)
142.86% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Terreno Realty (NYSE:TRNO)

Dividend History by Quarter for Terreno Realty (NYSE:TRNO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017quarterly$0.202.5%7/5/20177/7/20177/21/2017
2/9/2017quarterly$0.202.95%3/24/20173/28/20174/12/2017
11/3/2016quarterly$0.203.21%12/28/201612/30/20161/13/2017
7/28/2016quarterly$0.202.94%10/5/201610/7/201610/21/2016
5/5/2016quarterly$0.183.08%7/5/20167/7/20167/21/2016
2/11/2016quarterly$0.183.43%3/23/20163/28/20164/12/2016
11/5/2015quarterly$0.183.17%12/29/201512/31/20151/14/2016
8/6/2015quarterly$0.163.04%10/5/201510/7/201510/21/2015
5/7/2015quarterly$0.163.13%7/2/20157/7/20157/21/2015
2/19/2015quarterly$0.162.8%4/2/20154/7/20154/21/2015
11/4/2014quarterly$0.163.03%12/29/201412/31/20141/14/2015
8/11/2014quarterly$0.142.89%10/3/201410/7/201410/21/2014
5/12/2014quarterly$0.142.97%7/2/20147/7/20147/21/2014
2/19/2014quarterly$0.132.76%4/3/20144/7/20144/21/2014
11/6/2013quarterly$0.132.97%12/29/201412/31/20131/14/2014
8/7/2013quarterly$0.132.89%10/3/201310/7/201310/21/2013
5/8/2013quarterly$0.132.65%7/2/20137/5/20137/19/2013
2/19/2013quarterly$0.122.79%4/3/20134/5/20134/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Terreno Realty (NYSE:TRNO)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 99.62%
Insider Trades by Quarter for Terreno Realty (NYSE:TRNO)
Institutional Ownership by Quarter for Terreno Realty (NYSE:TRNO)
Insider Trades by Quarter for Terreno Realty (NYSE:TRNO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2015Douglas M. PasqualeDirectorBuy3,500$19.82$69,370.00View SEC Filing  
6/29/2015Douglas M PasqualeDirectorBuy3,354$19.84$66,543.36View SEC Filing  
3/12/2014Douglas PasqualeDirectorBuy1,500$17.68$26,520.00View SEC Filing  
11/20/2013Douglas PasqualeDirectorBuy1,000$16.76$16,760.00View SEC Filing  
11/19/2013Douglas PasqualeDirectorBuy2,441$16.96$41,399.36View SEC Filing  
11/18/2013Douglas PasqualeDirectorBuy4,559$17.21$78,460.39View SEC Filing  
11/13/2013Peter MerloneDirectorBuy11,599$17.12$198,574.88View SEC Filing  
11/11/2013Peter MerloneDirectorBuy4,781$17.15$81,994.15View SEC Filing  
8/21/2013Douglas PasqualeDirectorBuy1,000$17.10$17,100.00View SEC Filing  
8/19/2013Douglas PasqualeDirectorBuy4,000$17.50$70,000.00View SEC Filing  
7/17/2013Douglas M PasqualeDirectorBuy5,350$18.25$97,637.50View SEC Filing  
7/17/2013Jaime Jackson CannonCFOBuy1,000$18.25$18,250.00View SEC Filing  
7/17/2013Michael A CokePresidentBuy3,000$18.25$54,750.00View SEC Filing  
7/17/2013W Blake BairdCEOBuy21,000$18.25$383,250.00View SEC Filing  
2/22/2013Dennis PolkDirectorBuy2,500$16.60$41,500.00View SEC Filing  
2/22/2013Michael A CokeCFOBuy5,000$16.60$83,000.00View SEC Filing  
2/22/2013W Blake BairdCEOBuy60,000$16.60$996,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Terreno Realty (NYSE:TRNO)
Latest Headlines for Terreno Realty (NYSE:TRNO)
Source:
DateHeadline
finance.yahoo.com logoTerreno (TRNO) Acquires Properties in Washington for $3.7M
finance.yahoo.com - May 15 at 8:52 AM
americanbankingnews.com logo$31.84 Million in Sales Expected for Terreno Realty Co. (TRNO) This Quarter
www.americanbankingnews.com - May 14 at 9:24 AM
finance.yahoo.com logoTerreno Realty Corporation Acquires Building in Washington D.C. for $3.7 Million
finance.yahoo.com - May 13 at 2:10 AM
americanbankingnews.com logoZacks: Analysts Anticipate Terreno Realty Co. (TRNO) Will Post Earnings of $0.28 Per Share
www.americanbankingnews.com - May 12 at 2:16 PM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Lowered to "Neutral" at National Securities
www.americanbankingnews.com - May 11 at 4:46 PM
americanbankingnews.com logoTerreno Realty's (TRNO) "Buy" Rating Reiterated at Wunderlich
www.americanbankingnews.com - May 8 at 12:18 PM
americanbankingnews.com logoTerreno Realty's (TRNO) "Buy" Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - May 6 at 11:02 AM
americanbankingnews.com logoZacks Investment Research Upgrades Terreno Realty Co. (TRNO) to Hold
www.americanbankingnews.com - May 6 at 7:34 AM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Issues Earnings Results
www.americanbankingnews.com - May 5 at 2:30 PM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Declares $0.20 Quarterly Dividend
www.americanbankingnews.com - May 4 at 9:26 PM
finance.yahoo.com logoTerreno reports 1Q results
finance.yahoo.com - May 4 at 10:16 AM
finance.yahoo.com logoTerreno Realty Corporation Declares Quarterly Dividend and Files First Quarter 2017 Financial Statements
finance.yahoo.com - May 3 at 6:33 PM
americanbankingnews.com logoTerreno Realty (TRNO) Earns Media Sentiment Rating of 0.28
www.americanbankingnews.com - May 2 at 5:42 PM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 2 at 10:02 AM
finance.yahoo.com logoTerreno Realty Corporation Sells Building in Whittier, CA for $25.3 Million
finance.yahoo.com - May 1 at 10:48 AM
americanbankingnews.com logoTerreno Realty (TRNO) Earning Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 12:01 PM
finance.yahoo.com logoTerreno Realty Corporation Acquires Building in Seattle, WA for $5.9 Million
finance.yahoo.com - April 25 at 7:17 PM
americanbankingnews.com logoTerreno Realty (TRNO) Receiving Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 25 at 4:36 PM
finance.yahoo.com logoTerreno Realty Corporation Acquires Building in North Bergen, NJ for $14.0 Million
finance.yahoo.com - April 24 at 10:03 AM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Expected to Post Quarterly Sales of $30.76 Million
www.americanbankingnews.com - April 23 at 8:23 AM
americanbankingnews.com logoZacks: Analysts Expect Terreno Realty Co. (TRNO) Will Announce Earnings of $0.28 Per Share
www.americanbankingnews.com - April 21 at 9:12 PM
finance.yahoo.com logoTerreno Realty Corporation Acquires Property in Lynwood, CA for $31.4 Million
finance.yahoo.com - April 21 at 11:18 AM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - April 20 at 7:17 AM
americanbankingnews.com logoJefferies Group LLC Reaffirms Hold Rating for Terreno Realty Co. (TRNO)
www.americanbankingnews.com - April 17 at 2:18 PM
americanbankingnews.com logoTerreno Realty (TRNO) Earns Daily Media Sentiment Rating of 0.44
www.americanbankingnews.com - April 17 at 1:26 PM
americanbankingnews.com logoTerreno Realty (TRNO) Receiving Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 4:53 PM
seekingalpha.com logoTerreno: Delayed Gratification
seekingalpha.com - April 14 at 12:04 PM
finance.yahoo.com logoTerreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
finance.yahoo.com - April 11 at 8:07 PM
finance.yahoo.com logoTerreno Realty Corp. : TRNO-US: Dividend Analysis : March 28th, 2017 (record date) : By the numbers : April 10, 2017
finance.yahoo.com - April 10 at 7:48 PM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 10:16 AM
americanbankingnews.com logoNational Securities Reiterates "Buy" Rating for Terreno Realty Co. (TRNO)
www.americanbankingnews.com - March 24 at 7:50 AM
americanbankingnews.com logoTerreno Realty Co. (TRNO) Earns Buy Rating from National Securities
www.americanbankingnews.com - March 20 at 4:24 PM
finance.yahoo.com logoWhy Terreno Realty (TRNO) Might Surprise This Earnings Season
finance.yahoo.com - February 28 at 11:24 AM
finance.yahoo.com logoEPR Properties' (EPR) Q4 Earnings: A Beat in the Cards?
finance.yahoo.com - February 27 at 5:08 PM
capitalcube.com logoTerreno Realty Corp. :TRNO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017
us.rd.yahoo.com - February 15 at 6:36 AM
biz.yahoo.com logoTERRENO REALTY CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial St
biz.yahoo.com - February 10 at 6:11 AM
businesswire.com logoTerreno Realty Corporation Declares Quarterly Dividend and Files Annual 2016 Financial Statements
www.businesswire.com - February 9 at 6:14 AM
finance.yahoo.com logoTerreno Realty Corporation Acquires Building in Seattle, WA for $7.8 Million
finance.yahoo.com - February 6 at 10:44 PM
seekingalpha.com logoTerreno Realty Corporation acquires building in Seattle, WA for $7.8M
seekingalpha.com - February 6 at 11:24 AM
finance.yahoo.com logoTerreno Realty Corporation Announces Tax Treatment of 2016 Dividends
finance.yahoo.com - January 30 at 10:52 AM
finance.yahoo.com logoTerreno Realty Corporation Acquires Building in Compton, CA for $7.1 Million
finance.yahoo.com - January 27 at 6:22 AM
finance.yahoo.com logo9:18 am Terreno Realty reports its operating, investment and capital markets activity for the 4Q16
finance.yahoo.com - January 12 at 5:47 AM
streetinsider.com logoTerreno Realty (TRNO) Announces Lease of 90,000 Square Feet Building in Corona, California
www.streetinsider.com - December 28 at 8:11 PM
finance.yahoo.com logoTerreno (TRNO) Acquires Industrial Property in Maryland
finance.yahoo.com - December 27 at 8:39 AM
streetinsider.com logoTerreno Realty (TRNO) Acquires Property in Lanham, Maryland for $6.7M
www.streetinsider.com - December 23 at 2:24 AM
seekingalpha.com logoTerreno Realty acquires industrial property
seekingalpha.com - December 19 at 11:53 AM
biz.yahoo.com logoTERRENO REALTY CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - December 17 at 4:54 AM
finance.yahoo.com logoTerreno Realty Inks Lease in East Rutherford, New Jersey
finance.yahoo.com - November 30 at 10:16 AM
finance.yahoo.com logoTerreno Realty Corporation Announces Lease in East Rutherford, NJ
finance.yahoo.com - November 29 at 11:33 AM
seekingalpha.com logoTerreno: High Quality For The Down Times
seekingalpha.com - November 24 at 7:52 PM

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Terreno Realty (TRNO) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff