About Terreno Realty Corporation (NYSE:TRNO)
Terreno 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: Industrial REITs
- Sub-Industry: Industrial REITs
- Symbol: NYSE:TRNO
- CUSIP: 88146M10
- Web: www.terreno.com
Capitalization:- Market Cap: $1.93218 billion
- Outstanding Shares: 51,987,000
Average Prices:- 50 Day Moving Avg: $36.64
- 200 Day Moving Avg: $33.71
- 52 Week Range: $24.81 - $37.40
P/E:- Trailing P/E Ratio: 77.85
- Foreward P/E Ratio: 29.21
- P/E Growth: 5.74
Sales & Book Value:- Annual Revenue: $121.16 million
- Price / Sales: 15.79
- Book Value: $17.52 per share
- Price / Book: 2.10
Dividend:- Annual Dividend: $0.88
- Dividend Yield: 2.4%
Profitability:- EBITDA: $65.43 million
- Net Margins: 20.91%
- Return on Equity: 3.13%
- Return on Assets: 1.95%
Debt:- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 0.22%
- Quick Ratio: 0.22%
Misc:- Average Volume: 372,488 shs.
- Beta: 0.81
- Short Ratio: 2.02
Frequently Asked Questions for Terreno Realty Corporation (NYSE:TRNO)
What is Terreno Realty Corporation's stock symbol?
Terreno Realty Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRNO."
How often does Terreno Realty Corporation pay dividends? What is the dividend yield for Terreno Realty Corporation?
Terreno Realty Corporation announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, October 6th will be paid a dividend of $0.22 per share on Friday, October 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Thursday, October 5th. This is an increase from Terreno Realty Corporation's previous quarterly dividend of $0.20. View Terreno Realty Corporation's Dividend History.
How were Terreno Realty Corporation's earnings last quarter?
Terreno Realty Corporation (NYSE:TRNO) posted its earnings results on Wednesday, August, 2nd. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.01. The firm earned $32.78 million during the quarter, compared to analyst estimates of $31.72 million. Terreno Realty Corporation had a net margin of 20.91% and a return on equity of 3.13%. View Terreno Realty Corporation's Earnings History.
When will Terreno Realty Corporation make its next earnings announcement?
Where is Terreno Realty Corporation's stock going? Where will Terreno Realty Corporation's stock price be in 2017?
9 analysts have issued 12-month price objectives for Terreno Realty Corporation's stock. Their forecasts range from $29.00 to $39.00. On average, they expect Terreno Realty Corporation's share price to reach $35.29 in the next twelve months. View Analyst Ratings for Terreno Realty Corporation.
Who are some of Terreno Realty Corporation's key competitors?
Some companies that are related to Terreno Realty Corporation include BBVA Banco Frances S.A. (BFR), Sunstone Hotel Investors (SHO), Life Storage (LSI), Chemical Financial Corporation (CHFC), Sabra Healthcare REIT (SBRA), Spirit Realty Capital (SRC), UMB Financial Corporation (UMBF), Equity Commonwealth (EQC), Associated Banc-Corp (ASB), First Industrial Realty Trust (FR), BankUnited (BKU), PS Business Parks (PSB), Chimera Investment Corporation (CIM), Bank of Hawaii Corporation (BOH), Legg Mason (LM), Stifel Financial Corporation (SF), Two Harbors Investments Corp (TWO) and ASHMORE GROUP (AJMPF).
Who are Terreno Realty Corporation's key executives?
Terreno Realty Corporation's management team includes the folowing people:
- W. Blake Baird, Chairman of the Board and Chief Executive Officer
- Michael A. Coke CPA, President and Director
- Jaime Jackson Cannon, Chief Financial Officer and Executive Vice President
- Andrew Thomas Burke, Executive Vice President
- John Tull Meyer, Executive Vice President
- Douglas M. Pasquale, Lead Independent Director
- LeRoy E. Carlson, Independent Director
- Peter J. Merlone, Independent Director
- Dennis J. Polk, Independent Director
Who owns Terreno Realty Corporation stock?
Who sold Terreno Realty Corporation stock? Who is selling Terreno Realty Corporation stock?
Who bought Terreno Realty Corporation stock? Who is buying Terreno Realty Corporation stock?
How do I buy Terreno Realty Corporation stock?
Shares of Terreno Realty Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Terreno Realty Corporation's stock price today?
One share of Terreno Realty Corporation stock can currently be purchased for approximately $36.81.
MarketBeat Community Rating for Terreno Realty Corporation (NYSE TRNO)MarketBeat's community ratings are surveys of what our community members think about Terreno Realty Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Terreno Realty Corporation (NYSE:TRNO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.56) |
| Consensus Price Target: | $35.29 (4.14% downside) |
Consensus Price Target History for Terreno Realty Corporation (NYSE:TRNO)
Analysts' Ratings History for Terreno Realty Corporation (NYSE:TRNO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/3/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $34.00 | Low |  |
| 10/3/2017 | FBR & Co | Reiterated Rating | Neutral | $39.00 | Low | |
| 9/27/2017 | BTIG Research | Reiterated Rating | Buy | $35.00 -> $39.00 | Low | |
| 9/6/2017 | KeyCorp | Reiterated Rating | Buy | | Low | |
| 8/21/2017 | National Securities | Boost Price Target | Neutral -> Neutral | $33.00 -> $35.00 | Low | |
| 8/9/2017 | Stifel Nicolaus | Reiterated Rating | Buy | $34.50 -> $37.00 | Low | |
| 5/8/2017 | Wunderlich | Boost Price Target | Buy | $31.00 -> $34.00 | Low | |
| 1/5/2017 | Mitsubishi UFJ Financial Group | Reiterated Rating | Overweight -> Neutral | $29.00 | N/A | |
| 11/14/2016 | DA Davidson | Reiterated Rating | Buy | | N/A | |
| 8/22/2016 | JMP Securities | Downgrade | Outperform -> Market Perform | | N/A | |
| 7/28/2016 | Compass Point | Boost Price Target | Neutral | $23.00 -> $25.00 | N/A | |
| 1/12/2016 | Cowen and Company | Boost Price Target | | $25.00 | N/A | |
| 1/7/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $25.00 | N/A | |
| 12/8/2015 | Mitsubishi UFJ Financial Group Inc | Reiterated Rating | Overweight | | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Terreno Realty Corporation (NYSE:TRNO)Earnings History by Quarter for Terreno Realty Corporation (NYSE TRNO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.28 | $0.27 | $31.72 million | $32.78 million | View | N/A | |
| 5/3/2017 | Q1 2017 | $0.27 | $0.10 | $30.76 million | $31.44 million | View | N/A | |
| 2/10/2016 | Q4 | $0.25 | $0.17 | $24.99 million | $24.20 million | View | N/A | |
| 2/11/2015 | | $0.21 | $0.19 | | $18.75 million | View | N/A | |
| 11/24/2014 | | $0.23 | $0.22 | | | View | N/A | |
| 11/3/2014 | Q314 | | $0.08 | $11.50 million | $17.70 million | View | N/A | |
| 8/11/2014 | | $0.23 | $0.23 | $17.52 million | $16.61 million | View | N/A | |
| 5/12/2014 | | $0.22 | $0.21 | $13.39 million | $15.80 million | View | N/A | |
| 11/6/2013 | Q313 | $0.17 | $0.15 | $9.27 million | $1.52 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Terreno Realty Corporation (NYSE:TRNO)Current Year EPS Consensus Estimate: $1.13 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
Current Dividend Information for Terreno Realty Corporation (NYSE:TRNO)| Most Recent Dividend: | 10/20/2017 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 2.39% |
| Dividend Growth: | 14.00% (3 Year Average) |
| Payout Ratio: | 191.30% (Trailing 12 Months of Earnings)
77.88% (Based on This Year's Estimates)
69.84% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Terreno Realty Corporation (NYSE TRNO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.22 | 2.54% | 10/5/2017 | 10/6/2017 | 10/20/2017 |
| 5/4/2017 | quarterly | $0.20 | 2.5% | 7/5/2017 | 7/7/2017 | 7/21/2017 |
| 2/9/2017 | quarterly | $0.20 | 2.95% | 3/24/2017 | 3/28/2017 | 4/12/2017 |
| 11/3/2016 | quarterly | $0.20 | 3.21% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 7/28/2016 | quarterly | $0.20 | 2.94% | 10/5/2016 | 10/7/2016 | 10/21/2016 |
| 5/5/2016 | quarterly | $0.18 | 3.08% | 7/5/2016 | 7/7/2016 | 7/21/2016 |
| 2/11/2016 | quarterly | $0.18 | 3.43% | 3/23/2016 | 3/28/2016 | 4/12/2016 |
| 11/5/2015 | quarterly | $0.18 | 3.17% | 12/29/2015 | 12/31/2015 | 1/14/2016 |
| 8/6/2015 | quarterly | $0.16 | 3.04% | 10/5/2015 | 10/7/2015 | 10/21/2015 |
| 5/7/2015 | quarterly | $0.16 | 3.13% | 7/2/2015 | 7/7/2015 | 7/21/2015 |
| 2/19/2015 | quarterly | $0.16 | 2.8% | 4/2/2015 | 4/7/2015 | 4/21/2015 |
| 11/4/2014 | quarterly | $0.16 | 3.03% | 12/29/2014 | 12/31/2014 | 1/14/2015 |
| 8/11/2014 | quarterly | $0.14 | 2.89% | 10/3/2014 | 10/7/2014 | 10/21/2014 |
| 5/12/2014 | quarterly | $0.14 | 2.97% | 7/2/2014 | 7/7/2014 | 7/21/2014 |
| 2/19/2014 | quarterly | $0.13 | 2.76% | 4/3/2014 | 4/7/2014 | 4/21/2014 |
| 11/6/2013 | quarterly | $0.13 | 2.97% | 12/29/2014 | 12/31/2013 | 1/14/2014 |
| 8/7/2013 | quarterly | $0.13 | 2.89% | 10/3/2013 | 10/7/2013 | 10/21/2013 |
| 5/8/2013 | quarterly | $0.13 | 2.65% | 7/2/2013 | 7/5/2013 | 7/19/2013 |
| 2/19/2013 | quarterly | $0.12 | 2.79% | 4/3/2013 | 4/5/2013 | 4/19/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Terreno Realty Corporation (NYSE:TRNO)Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 97.97%
Insider Trades by Quarter for Terreno Realty Corporation (NYSE:TRNO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/1/2015 | Douglas M. Pasquale | Director | Buy | 3,500 | $19.82 | $69,370.00 | |
| 6/29/2015 | Douglas M Pasquale | Director | Buy | 3,354 | $19.84 | $66,543.36 | |
| 3/12/2014 | Douglas Pasquale | Director | Buy | 1,500 | $17.68 | $26,520.00 | |
| 11/20/2013 | Douglas Pasquale | Director | Buy | 1,000 | $16.76 | $16,760.00 | |
| 11/19/2013 | Douglas Pasquale | Director | Buy | 2,441 | $16.96 | $41,399.36 | |
| 11/18/2013 | Douglas Pasquale | Director | Buy | 4,559 | $17.21 | $78,460.39 | |
| 11/13/2013 | Peter Merlone | Director | Buy | 11,599 | $17.12 | $198,574.88 | |
| 11/11/2013 | Peter Merlone | Director | Buy | 4,781 | $17.15 | $81,994.15 | |
| 8/21/2013 | Douglas Pasquale | Director | Buy | 1,000 | $17.10 | $17,100.00 | |
| 8/19/2013 | Douglas Pasquale | Director | Buy | 4,000 | $17.50 | $70,000.00 | |
| 7/17/2013 | Douglas M Pasquale | Director | Buy | 5,350 | $18.25 | $97,637.50 | |
| 7/17/2013 | Jaime Jackson Cannon | CFO | Buy | 1,000 | $18.25 | $18,250.00 | |
| 7/17/2013 | Michael A Coke | President | Buy | 3,000 | $18.25 | $54,750.00 | |
| 7/17/2013 | W Blake Baird | CEO | Buy | 21,000 | $18.25 | $383,250.00 | |
| 2/22/2013 | Dennis Polk | Director | Buy | 2,500 | $16.60 | $41,500.00 | |
| 2/22/2013 | Michael A Coke | CFO | Buy | 5,000 | $16.60 | $83,000.00 | |
| 2/22/2013 | W Blake Baird | CEO | Buy | 60,000 | $16.60 | $996,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Terreno Realty Corporation (NYSE:TRNO)
Latest Headlines for Terreno Realty Corporation (NYSE:TRNO)
| Source: |
|
| Date | Headline |
|---|
 | Terreno Realty Corp. : TRNO-US: Dividend Analysis : October 06th, 2017 (record date) : By the numbers : October 19, 2017
finance.yahoo.com - October 19 at 9:59 AM |
| Terreno Realty Corporation Stabilizes Buildings in San Leandro, CA
finance.yahoo.com - October 19 at 9:59 AM |
 | Terreno Realty Corporation (TRNO) Expected to Post Quarterly Sales of $33.91 Million
www.americanbankingnews.com - October 12 at 1:56 AM |
| Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
finance.yahoo.com - October 11 at 9:08 PM |
 | TRNO Crosses Above Average Analyst Target
www.nasdaq.com - October 3 at 6:52 PM |
| Jefferies Group LLC Reaffirms Hold Rating for Terreno Realty Corporation (TRNO)
www.americanbankingnews.com - October 3 at 5:20 PM |
| Terreno Realty (TRNO) Buys Industrial Property in Fremont
finance.yahoo.com - October 3 at 1:48 PM |
| Terreno Realty Corporation (TRNO) Receives New Coverage from Analysts at FBR & Co
www.americanbankingnews.com - October 3 at 8:40 AM |
| Terreno Realty Corporation (TRNO) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 1 at 8:56 AM |
| Terreno Realty Corporation Acquires Building in Fremont, CA for $7.3 Million
www.nasdaq.com - September 30 at 7:44 PM |
 | Terreno Realty Corp (TRNO) PT Raised to $39 at BTIG - StreetInsider.com
www.streetinsider.com - September 28 at 6:57 AM |
| Terreno Realty Corporation (TRNO) Given "Buy" Rating at BTIG Research
www.americanbankingnews.com - September 27 at 8:44 PM |
| Terreno Realty Corporation (TRNO) versus Rexford Industrial Realty (REXR) Financial Comparison
www.americanbankingnews.com - September 25 at 4:14 AM |
| Should You Buy Terreno Realty Corporation (TRNO)?
finance.yahoo.com - September 23 at 10:16 AM |
| Contrasting Terreno Realty Corporation (TRNO) and DCT Industrial Trust (DCT)
www.americanbankingnews.com - September 20 at 2:22 PM |
| Reviewing Prologis (AMB) & Terreno Realty Corporation (TRNO)
www.americanbankingnews.com - September 14 at 10:24 PM |
| Contrasting Terreno Realty Corporation (TRNO) and Prologis (AMB)
www.americanbankingnews.com - September 13 at 6:44 PM |
| Terreno Realty Corporation (TRNO) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 6 at 8:46 AM |
| Terreno Realty (TRNO) Reports Acquisition of Two Properties & Land in Carlstadt, NJ for $13.5M
www.streetinsider.com - September 5 at 9:27 AM |
| Terreno Realty Corporation Acquires Two Buildings and an Improved Land Parcel in Carlstadt, NJ for $13.5 Million
finance.yahoo.com - September 5 at 9:27 AM |
| Prologis (AMB) & Terreno Realty Corporation (TRNO) Critical Analysis
www.americanbankingnews.com - September 2 at 4:10 PM |
| Terreno Realty Corp. : TRNO-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 21, 2017
finance.yahoo.com - August 23 at 12:51 PM |
| Terreno Realty Corp. : TRNO-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 21, 2017
finance.yahoo.com - August 23 at 12:51 PM |
| National Securities Raises Terreno Realty Corporation (TRNO) Price Target to $35.00
www.americanbankingnews.com - August 21 at 11:10 AM |
| $33.75 Million in Sales Expected for Terreno Realty Corporation (TRNO) This Quarter
www.americanbankingnews.com - August 18 at 5:28 PM |
| See what the IHS Markit Score report has to say about Terreno Realty Corp.
finance.yahoo.com - August 16 at 8:23 AM |
| $0.28 Earnings Per Share Expected for Terreno Realty Corporation (TRNO) This Quarter
www.americanbankingnews.com - August 16 at 2:08 AM |
| Terreno Realty (TRNO) Agrees to Sell Buildings in Maryland for $40.5M
www.streetinsider.com - August 14 at 3:25 PM |
| Terreno Realty Corporation Sells Buildings in Maryland for $40.5 Million
finance.yahoo.com - August 14 at 3:25 PM |
| Terreno Realty Corporation (TRNO) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 12 at 12:16 PM |
| Terreno Realty Corporation's (NYSE:TRNO) "Buy" Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - August 9 at 9:44 PM |
| Terreno Realty Corp (TRNO) PT Raised to $37 at Stifel; 'Hitting on All Cylinders'
www.streetinsider.com - August 8 at 7:42 AM |
| Terreno Realty Corporation Acquires Building in Miami, FL for $2.5 Million
finance.yahoo.com - August 8 at 7:42 AM |
| Terreno Realty Corporation (NYSE:TRNO) Announces Dividend Increase - $0.22 Per Share
www.americanbankingnews.com - August 3 at 5:46 PM |
| Storm Properties Inc.’s Sale of Industrial Building Commands Highest Price-Per-Square Foot to Date in Gardena Submarket of the South Bay
finance.yahoo.com - August 3 at 8:10 AM |
| Terreno Realty Corporation Increases Quarterly Dividend and Files Second Quarter 2017 Financial Statements
finance.yahoo.com - August 3 at 8:10 AM |
| Terreno reports 2Q results
finance.yahoo.com - August 3 at 8:10 AM |
| Financial Review: Rexford Industrial Realty (REXR) and Terreno Realty Corporation (NYSE:TRNO)
www.americanbankingnews.com - July 31 at 9:07 AM |
| $0.28 EPS Expected for Terreno Realty Corporation (NYSE:TRNO) This Quarter
www.americanbankingnews.com - July 28 at 10:25 PM |
| Terreno Realty Corporation (TRNO) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 27 at 5:41 PM |
| Terreno Realty (TRNO) Announces Acquisition of Industry Property in Compton, CA for $9.4M
www.streetinsider.com - July 25 at 7:48 AM |
| Terreno Realty Corporation Acquires Building in Compton, CA for $9.4 Million
finance.yahoo.com - July 25 at 7:48 AM |
| Comparing Duke Realty Corporation (DRE) and Terreno Realty Corporation (NYSE:TRNO)
www.americanbankingnews.com - July 21 at 7:40 AM |
| Terreno Realty Corporation (TRNO) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 11:35 AM |
| Terreno Realty Corporation (TRNO) to Release Earnings on Tuesday
www.americanbankingnews.com - July 18 at 9:28 AM |
| Terreno Realty Corporation's (NYSE:TRNO) Buy Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - July 15 at 10:34 AM |
| Terreno Realty Corp. breached its 50 day moving average in a Bearish Manner : TRNO-US : July 12, 2017
finance.yahoo.com - July 13 at 10:45 AM |
| First Industrial Realty Trust (FR) versus Terreno Realty Corporation (NYSE:TRNO) Critical Analysis
www.americanbankingnews.com - July 11 at 10:18 PM |
| Terreno Realty (TRNO) Announces Acquisition of Industrial Property in Seattle, WA for $4M
www.streetinsider.com - July 11 at 8:38 AM |
| Terreno Realty Corporation Acquires Building in Seattle, WA for $4.0 Million
finance.yahoo.com - July 11 at 8:38 AM |
Terreno Realty Corporation (TRNO) Chart for Saturday, October, 21, 2017
