Terreno Realty - TRNO Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TRNO shares.
View TRNO analyst ratings or view top-rated stocks.

8 brokers have issued 12-month price objectives for Terreno Realty's stock. Their TRNO share price forecasts range from $54.00 to $80.00. On average, they anticipate the company's stock price to reach $67.33 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for TRNO or view top-rated stocks among Wall Street analysts.

Terreno Realty's stock was trading at $56.87 on January 1st, 2023. Since then, TRNO stock has increased by 6.9% and is now trading at $60.82.
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Terreno Realty saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 1,730,000 shares, a decrease of 19.2% from the January 31st total of 2,140,000 shares. Based on an average trading volume of 516,600 shares, the short-interest ratio is presently 3.3 days.
View Terreno Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our TRNO earnings forecast.

Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings data 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 analyst estimates of $45.40 million. Terreno Realty had a net margin of 71.45% and a trailing twelve-month return on equity of 9.22%.

Terreno Realty announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Friday, March 31st will be given a dividend of $0.40 per share on Thursday, April 6th. This represents a $1.60 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for TRNO.

ETFs with the largest weight of Terreno Realty (NYSE:TRNO) stock in their portfolio include 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), WisdomTree New Economy Real Estate Fund (WTRE), Invesco Active U.S. Real Estate ETF (PSR), SP Funds S&P Global REIT Sharia ETF (SPRE) and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI).

Terreno Realty (NYSE:TRNO) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.59%. 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 61.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRNO will have a dividend payout ratio of 68.09% 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 variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (6.45%), T. Rowe Price Investment Management Inc. (5.62%), Price T Rowe Associates Inc. MD (3.68%), JPMorgan Chase & Co. (2.57%), Schroder Investment Management Group (2.33%) and PGGM Investments (2.30%). 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 $60.82.

Terreno Realty (NYSE:TRNO) has a market capitalization of $5.03 billion and generates $276.21 million in revenue each year. The real estate investment trust earns $198.01 million in net income (profit) each year or $2.61 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.