Terreno Realty - TRNO Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRNO shares.
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8 brokers have issued 12-month target prices for Terreno Realty's stock. Their TRNO share price forecasts range from $54.00 to $74.00. On average, they anticipate the company's share price to reach $66.67 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price.
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Terreno Realty's stock was trading at $56.87 at the beginning of 2023. Since then, TRNO stock has increased by 14.4% and is now trading at $65.06.
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Terreno Realty saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,950,000 shares, an increase of 25.8% from the December 15th total of 1,550,000 shares. Based on an average daily trading volume, of 413,200 shares, the days-to-cover ratio is currently 4.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our TRNO earnings forecast.

Terreno Realty Co. (NYSE:TRNO) issued its earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The real estate investment trust earned $45.12 million during the quarter, compared to analysts' expectations of $45.40 million. Terreno Realty had a net margin of 65.44% and a trailing twelve-month return on equity of 8.14%.

Terreno Realty declared a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Friday, December 30th will be paid a dividend of $0.40 per share on Friday, January 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for TRNO.

Terreno Realty (NYSE:TRNO) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.45%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 70.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRNO will have a dividend payout ratio of 74.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRNO.

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).

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

Terreno Realty's stock is owned by a number of institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (1.14%), Bernzott Capital Advisors (0.59%), Allspring Global Investments Holdings LLC (0.42%), Davidson Investment Advisors (0.33%), Envestnet Asset Management Inc. (0.31%) and American Assets Capital Advisers LLC (0.27%). Insiders that own company stock include Leroy E Carlson and W Blake Baird.
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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.
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One share of TRNO stock can currently be purchased for approximately $65.06.

Terreno Realty (NYSE:TRNO) has a market capitalization of $4.95 billion and generates $221.93 million in revenue each year. The real estate investment trust earns $87.25 million in net income (profit) each year or $2.27 on an earnings per share basis.

Terreno Realty's mailing address is 101 MONTGOMERY STREET SUITE 200, SAN FRANCISCO CA, 94104. The official website for the company is www.terreno.com. The real estate investment trust can be reached via phone at (415) 655-4580, via email at investors@terreno.com, or via fax at 415-655-4599.