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NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

$57.48
-0.37 (-0.64%)
(As of 05/22/2024 ET)
Today's Range
$57.32
$58.17
50-Day Range
$54.10
$66.41
52-Week Range
$50.42
$66.63
Volume
648,001 shs
Average Volume
692,123 shs
Market Capitalization
$5.56 billion
P/E Ratio
29.94
Dividend Yield
3.13%
Price Target
$64.56

Terreno Realty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
12.3% Upside
$64.56 Price Target
Short Interest
Healthy
2.35% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Terreno Realty in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.65%
From $2.28 to $2.50 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.

3.07 out of 5 stars

Finance Sector

472nd out of 854 stocks

Real Estate Industry

7th out of 26 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

Terreno Leases Newark Property, Sees Decent Demand
StockNews.com Downgrades Terreno Realty (NYSE:TRNO) to Sell
Terreno Realty (NYSE:TRNO) PT Lowered to $60.00
What Analysts Are Saying About Terreno Realty Stock
JMP Securities Reaffirms Their Buy Rating on Terreno Realty (TRNO)
TRNO Crosses Below Key Moving Average Level
Unfinished Hialeah warehouse park 100% pre-leased
See More Headlines
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Company Calendar

Last Earnings
5/06/2020
Ex-Dividend for 4/5 Dividend
3/27/2024
Dividend Payable
4/05/2024
Today
5/23/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Next Earnings (Estimated)
8/07/2024
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
$64.56
High Stock Price Target
$73.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+12.3%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$151.46 million
Pretax Margin
49.16%

Debt

Sales & Book Value

Annual Sales
$323.59 million
Cash Flow
$2.47 per share
Book Value
$35.62 per share

Miscellaneous

Free Float
94,673,000
Market Cap
$5.56 billion
Optionable
Optionable
Beta
0.85
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TRNO Stock Analysis - Frequently Asked Questions

Should I buy or sell Terreno Realty stock right now?

9 Wall Street 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 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 Wall Street analysts have issued 1 year price objectives for Terreno Realty's shares. Their TRNO share price targets range from $57.00 to $73.00. On average, they predict the company's stock price to reach $64.56 in the next twelve months. This suggests a possible upside of 12.3% 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 start of the year. Since then, TRNO shares have decreased by 8.3% and is now trading at $57.48.
View the best growth stocks for 2024 here
.

Are investors shorting Terreno Realty?

Terreno Realty saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,970,000 shares, an increase of 21.6% from the March 31st total of 1,620,000 shares. Based on an average daily volume of 761,400 shares, the short-interest ratio is presently 2.6 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, August 7th 2024.
View our TRNO earnings forecast
.

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. The real estate investment trust had revenue of $45.12 million for the quarter, compared to analysts' expectations of $45.40 million. Terreno Realty had a net margin of 49.12% and a trailing twelve-month return on equity of 5.59%.

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

Terreno Realty declared a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, June 28th will be given a dividend of $0.45 per share on Friday, July 12th. This represents a $1.80 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date is Friday, June 28th.
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 3.11%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.75%. 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 72.00% 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.45%), Principal Financial Group Inc. (5.34%), Price T Rowe Associates Inc. MD (4.30%), Tandem Investment Advisors Inc. (1.03%), Chevy Chase Trust Holdings LLC (0.93%) and Public Employees Retirement Association of Colorado (0.73%). 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 5/23/2024 by MarketBeat.com Staff

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