NYSE:TRNO

Terreno Realty Stock Forecast, Price & News

$56.06

+0.74 (+1.34 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$54.96

Now: $56.06▼

$56.06

50-Day Range

$54.77

MA: $57.01▼

$58.51

52-Week Range

$42.12

Now: $56.06▼

$64.24

Volume399,060 shs

Average Volume376,596 shs

Market Capitalization$3.83 billion

P/E Ratio51.91

Dividend Yield2.10%

Beta0.66

Terreno Realty Corporation and together with its subsidiaries, the ÂCompanyÂ) 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 condensed notes to the consolidated financial statements are unaudited. As of September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (ÂREITÂ) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the ÂCodeÂ), commencing with its taxable year ended December 31, 2010.

MarketRank^™

Overall MarketRank^™

1.74 out of 5 stars

Finance Sector

425th out of 1,705 stocks

Real Estate Industry

9th out of 59 stocks

2.4 Analyst's Opinion

Consensus Rating
Terreno Realty has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $65.29, Terreno Realty has a forecasted upside of 16.5% from its current price of $56.06.
Amount of Analyst Coverage
Terreno Realty has only been the subject of 2 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Terreno Realty has received 343 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Terreno Realty has received 348 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Terreno Realty has received 50.36% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Terreno Realty and other stocks. Vote “Outperform” if you believe TRNO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRNO will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Terreno Realty pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Terreno Realty has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Terreno Realty is 84.06%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Terreno Realty will have a dividend payout ratio of 73.89% next year. This indicates that Terreno Realty will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Terreno Realty insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Terreno Realty is held by insiders.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Terreno Realty are expected to grow by 9.03% in the coming year, from $1.44 to $1.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Terreno Realty is 51.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Terreno Realty is 51.91, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.66.
Price to Book Value per Share Ratio
Terreno Realty has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate

Sub-IndustryIndustrial REITs

SectorFinance

Current SymbolNYSE:TRNO

Previous Symbol

CUSIP88146M10

CIK1476150

Webwww.terreno.com

Phone415-655-4580

Employees24

Debt

Debt-to-Equity Ratio0.30

Current Ratio6.36

Quick Ratio6.36

Price-To-Earnings

Trailing P/E Ratio51.91

Forward P/E Ratio38.93

P/E GrowthN/A

Sales & Book Value

Annual Sales$171.02 million

Price / Sales22.41

Cash Flow$1.34 per share

Price / Cash Flow41.79

Book Value$22.64 per share

Price / Book2.48

Profitability

EPS (Most Recent Fiscal Year)$1.38

Net Income$55.52 million

Net Margins40.76%

Return on Equity4.75%

Return on Assets3.49%

Miscellaneous

Outstanding Shares68,373,000

Market Cap$3.83 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$56.06

+0.74 (+1.34 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Terreno Realty (NYSE:TRNO) Frequently Asked Questions

How has Terreno Realty's stock been impacted by Coronavirus (COVID-19)?

Terreno Realty's stock was trading at $50.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRNO stock has increased by 10.3% and is now trading at $56.06.
View which stocks have been most impacted by COVID-19.

Is Terreno Realty a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Terreno Realty stock.
View analyst ratings for Terreno Realty or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Terreno Realty?

Wall Street analysts have given Terreno Realty a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Terreno Realty wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Terreno Realty's next earnings date?

Terreno Realty is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Terreno Realty.

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) announced its quarterly earnings results on Wednesday, November, 4th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.03. The real estate investment trust earned $47.15 million during the quarter, compared to analyst estimates of $46.12 million. Terreno Realty had a return on equity of 4.75% and a net margin of 40.76%.
View Terreno Realty's earnings history.

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

Terreno Realty announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.29 per share on Tuesday, January 5th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Monday, December 14th.
View Terreno Realty's dividend history.

Is Terreno Realty a good dividend stock?

Terreno Realty pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.10%. Terreno Realty has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Terreno Realty is 84.06%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Terreno Realty will have a dividend payout ratio of 73.89% next year. This indicates that Terreno Realty will be able to sustain or increase its dividend.
View Terreno Realty's dividend history.

What price target have analysts set for TRNO?

8 analysts have issued 1 year target prices for Terreno Realty's shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate Terreno Realty's share price to reach $65.29 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts' price targets for Terreno Realty or view Wall Street analyst' top-rated stocks.

Are investors shorting Terreno Realty?

Terreno Realty saw a increase in short interest in December. As of December 31st, there was short interest totaling 893,100 shares, an increase of 20.5% from the December 15th total of 741,200 shares. Based on an average daily volume of 284,400 shares, the short-interest ratio is presently 3.1 days.
View Terreno Realty's Short Interest.

Who are some of Terreno Realty's key competitors?

Some companies that are related to Terreno Realty include Prologis (PLD), EastGroup Properties (EGP), First Industrial Realty Trust (FR), STAG Industrial (STAG) and Monmouth Real Estate Investment (MNR).
View all of TRNO's competitors.

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 key executives?

Terreno Realty's management team includes the following people:

Mr. W. Blake Baird, Co-Founder, Chairman & CEO (Age 59, Pay $808.4k)
Mr. Michael A. Coke, Co-Founder, Pres & Director (Age 52, Pay $808.4k)
Mr. Jaime Jackson Cannon, Exec. VP, CFO & Sec. (Age 45, Pay $640.4k)
Mr. John Tull Meyer, Exec. VP (Age 60, Pay $640.4k)
Mr. Andrew Thomas Burke, Exec. VP (Age 44, Pay $640.4k)

What is Terreno Realty's stock symbol?

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

Who are Terreno Realty's major shareholders?

Terreno Realty's stock is owned by many different retail and institutional investors. Top institutional investors include Redpoint Investment Management Pty Ltd (0.01%) and Huntington National Bank (0.00%).
View institutional ownership trends for Terreno Realty.

Which institutional investors are selling Terreno Realty stock?

TRNO stock was sold by a variety of institutional investors in the last quarter, including Huntington National Bank, and Redpoint Investment Management Pty Ltd.
View insider buying and selling activity for Terreno Realty or view top insider-selling stocks.

How do I buy shares of Terreno Realty?

Shares of TRNO 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.

What is Terreno Realty's stock price today?

One share of TRNO stock can currently be purchased for approximately $56.06.

How big of a company is Terreno Realty?

Terreno Realty has a market capitalization of $3.83 billion and generates $171.02 million in revenue each year. The real estate investment trust earns $55.52 million in net income (profit) each year or $1.38 on an earnings per share basis. Terreno Realty employs 24 workers across the globe.

What is Terreno Realty's official website?

The official website for Terreno Realty is www.terreno.com.

How can I contact Terreno Realty?

Terreno Realty's mailing address is 101 MONTGOMERY STREET SUITE 200, SAN FRANCISCO CA, 94104. The real estate investment trust can be reached via phone at 415-655-4580 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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