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, May 4th. Shareholders of record on Friday, July 7th will be given a dividend of $0.20 per share on Friday, July 21st. This represents a $0.80 annualized dividend and a yield of 2.38%. The ex-dividend date is Wednesday, July 5th. View Terreno Realty Corporation's Dividend History.

Terreno Realty Corporation (NYSE:TRNO) issued its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.17. The firm had revenue of $31.44 million for the quarter, compared to the consensus estimate of $30.76 million. Terreno Realty Corporation had a net margin of 11.02% and a return on equity of 1.64%. View Terreno Realty Corporation's Earnings History.

Terreno Realty Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Terreno Realty Corporation.

10 equities research analysts have issued 1-year target prices for Terreno Realty Corporation's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Terreno Realty Corporation's share price to reach $31.06 in the next twelve months. 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 ASHMORE GROUP (AJMPF), Empire State Realty Trust (ESRT), Fulton Financial Corporation (FULT), Ryman Hospitality Properties (RHP), National Health Investors (NHI), Valley National Bancorp (VLY), Fortress Investment Group LLC (FIG), Sterling Bancorp (STL), Cathay General Bancorp (CATY), Aspen Insurance Holdings Limited (AHL), Evercore Partners (EVR), Federated Investors (FII), Retail Properties of America (RPAI), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM), Grupo Aval Acciones y Valores S.A. (AVAL), Washington Federal (WAFD) and Selective Insurance Group (SIGI).

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 retail and institutional investors. Top institutional shareholders include APG Asset Management US Inc. (3.38%), Chevy Chase Trust Holdings Inc. (0.75%), Manning & Napier Advisors LLC (0.39%), US Bancorp DE (0.06%), State of Alaska Department of Revenue (0.05%) and Bank of Montreal Can (0.04%). 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 Manning & Napier Advisors LLC and State of Alaska Department of Revenue. 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 Chevy Chase Trust Holdings Inc., Bank of Montreal Can, US Bancorp DE, Spirit of America Management Corp NY and Aperio Group LLC. 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 $33.64.