Terreno Realty Corporation Company Profile (NYSE:TRNO)

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

Terreno Realty Corporation declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, October 6th will be given 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 2.53%. The ex-dividend date of this dividend is Thursday, October 5th. This is a boost from Terreno Realty Corporation's previous quarterly dividend of $0.20. View Terreno Realty Corporation's Dividend History.

Terreno Realty Corporation (NYSE:TRNO) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.01. The business earned $32.78 million during the quarter, compared to analysts' expectations of $31.72 million. Terreno Realty Corporation had a return on equity of 3.13% and a net margin of 20.91%. View Terreno Realty Corporation's Earnings History.

Terreno Realty Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Terreno Realty Corporation.

9 brokerages have issued twelve-month price objectives for Terreno Realty Corporation's stock. Their forecasts range from $28.00 to $37.00. On average, they anticipate Terreno Realty Corporation's share price to reach $32.29 in the next year. View Analyst Ratings for Terreno Realty Corporation.

Here are some recent quotes from research analysts about Terreno Realty Corporation stock:

• 1. National Securities analysts commented, "TRNO 1Q17 Recap: With TRNO’s shares reaching all-time highs and having appreciated from $20.12 where we rated the stock a BUY in our 7/28/15 initiation note, +59.2%, its current 26.37x 2018 P/FFO estimate is at a 44.2% premium to the sector multiple of 18.29x and appears fully valued even on next year’s numbers. As such, we are downgrading the shares to NEUTRAL from BUY. " (5/11/2017)
• 2. According to Zacks Investment Research, "Terreno Realty Corporation is an internally managed real estate investment trust (REIT) focused on acquiring industrial real estate located in major coastal U.S. markets. The Company's main focus is on markets in Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area; and Washington, D.C./Baltimore. Terreno Realty Corporation focuses on investing in several types of industrial real estate, including warehouse/distribution, flex (including light manufacturing, and research and development) and trans-shipment. The Company will target 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. The Company will utilize local third-party property managers for day-to-day property management. Terreno Realty Corporationy will make all operating and leasing decisions on its properties. " (5/6/2017)

Some companies that are related to Terreno Realty Corporation include Radian Group (RDN), Texas Capital Bancshares (TCBI), First Industrial Realty Trust (FR), BGC Partners (BGCP), Chimera Investment Corporation (CIM), PS Business Parks (PSB), DDR Corp. (DDR), Essent Group (ESNT), OneMain Holdings (OMF), Two Harbors Investments Corp (TWO), BankUnited (BKU), MFA Financial (MFA), Man Group PLC (MNGPY), Legg Mason (LM), Sunstone Hotel Investors (SHO), United Bankshares (UBSI), Primerica (PRI) and Bank of Hawaii Corporation (BOH).

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

Terreno Realty Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (13.56%), Vanguard Group Inc. (10.85%), BlackRock Inc. (10.57%), APG Asset Management US Inc. (3.38%), Schroder Investment Management Group (2.81%) and Goldman Sachs Group Inc. (2.54%). View Institutional Ownership Trends for Terreno Realty Corporation.

Terreno Realty Corporation's stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Voya Investment Management LLC, Resolution Capital Ltd, Davis Selected Advisers, Goldman Sachs Group Inc., Schroder Investment Management Group, Thrivent Financial For Lutherans and Pax World Management LLC. View Insider Buying and Selling for Terreno Realty Corporation.

Terreno Realty Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Chevy Chase Trust Holdings Inc., Granite Investment Partners LLC, AJO LP, Vanguard Group Inc., William Blair Investment Management LLC and Janus Henderson Group PLC. View Insider Buying and Selling for Terreno Realty Corporation.

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.

One share of Terreno Realty Corporation stock can currently be purchased for approximately $34.82.