About Terreno Realty Corporation (NYSE:TRNO)
Terreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (D.C.)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment. As of December 31, 2016, the Company owned 166 buildings aggregating approximately 12 million square feet and five land parcels consisting of 22.8 acres. As of December 31, 2016, its properties were leased to 376 customers. The Company focuses on 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.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Industrial REITs
- Sub-Industry: Industrial REITs
- Symbol: NYSE:TRNO
- CUSIP: 88146M10
- Web: www.terreno.com
Capitalization:- Market Cap: $1.92747 billion
- Outstanding Shares: 51,987,000
Average Prices:- 50 Day Moving Avg: $36.65
- 200 Day Moving Avg: $33.78
- 52 Week Range: $24.81 - $37.40
P/E:- Trailing P/E Ratio: 77.66
- Foreward P/E Ratio: 28.85
- P/E Growth: 5.77
Sales & Book Value:- Annual Revenue: $121.16 million
- Price / Sales: 15.60
- Book Value: $17.52 per share
- Price / Book: 2.07
Dividend:- Annual Dividend: $0.88
- Dividend Yield: 2.4%
Profitability:- EBITDA: $65.43 million
- Net Margins: 20.91%
- Return on Equity: 3.13%
- Return on Assets: 1.95%
Debt:- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 0.22%
- Quick Ratio: 0.22%
Misc:- Average Volume: 373,902 shs.
- Beta: 0.81
- Short Ratio: 2.02
Frequently Asked Questions for Terreno Realty Corporation (NYSE:TRNO)
What is Terreno Realty Corporation's stock symbol?
Terreno Realty Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRNO."
How often does Terreno Realty Corporation pay dividends? What is the dividend yield for Terreno Realty Corporation?
Terreno Realty Corporation announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, October 6th will be paid a dividend of $0.22 per share on Friday, October 20th. This represents a $0.88 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, October 5th. This is an increase from Terreno Realty Corporation's previous quarterly dividend of $0.20. View Terreno Realty Corporation's Dividend History.
How were Terreno Realty Corporation's earnings last quarter?
Terreno Realty Corporation (NYSE:TRNO) issued its earnings results on Wednesday, August, 2nd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.01. The business earned $32.78 million during the quarter, compared to analyst estimates 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.
When will Terreno Realty Corporation make its next earnings announcement?
Where is Terreno Realty Corporation's stock going? Where will Terreno Realty Corporation's stock price be in 2017?
9 equities research analysts have issued 12-month target prices for Terreno Realty Corporation's stock. Their forecasts range from $29.00 to $39.00. On average, they expect Terreno Realty Corporation's share price to reach $35.29 in the next year. View Analyst Ratings for Terreno Realty Corporation.
Who are some of Terreno Realty Corporation's key competitors?
Some companies that are related to Terreno Realty Corporation include BBVA Banco Frances S.A. (BFR), Chemical Financial Corporation (CHFC), Life Storage (LSI), Paramount Group (PGRE), Sabra Healthcare REIT (SBRA), UMB Financial Corporation (UMBF), BankUnited (BKU), Sunstone Hotel Investors (SHO), Equity Commonwealth (EQC), First Industrial Realty Trust (FR), Spirit Realty Capital (SRC), PS Business Parks (PSB), Legg Mason (LM), Bank of Hawaii Corporation (BOH), Stifel Financial Corporation (SF), Chimera Investment Corporation (CIM), Two Harbors Investments Corp (TWO) and Ashmore Group (AJMPF).
Who are Terreno Realty Corporation's key executives?
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
Who owns Terreno Realty Corporation stock?
Terreno Realty Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.54%), Strs Ohio (0.15%), Spirit of America Management Corp NY (0.02%) and Fox Run Management L.L.C. (0.01%). View Institutional Ownership Trends for Terreno Realty Corporation.
Who sold Terreno Realty Corporation stock? Who is selling Terreno Realty Corporation stock?
Who bought Terreno Realty Corporation stock? Who is buying Terreno Realty Corporation stock?
How do I buy Terreno Realty Corporation stock?
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.
What is Terreno Realty Corporation's stock price today?
One share of Terreno Realty Corporation stock can currently be purchased for approximately $36.35.
MarketBeat Community Rating for Terreno Realty Corporation (NYSE TRNO)MarketBeat's community ratings are surveys of what our community members think about Terreno Realty Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Terreno Realty Corporation (NYSE:TRNO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.56) |
| Consensus Price Target: | $35.29 (2.93% downside) |
Consensus Price Target History for Terreno Realty Corporation (NYSE:TRNO)
Analysts' Ratings History for Terreno Realty Corporation (NYSE:TRNO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/3/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $34.00 | Low |  |
| 10/3/2017 | FBR & Co | Reiterated Rating | Neutral | $39.00 | Low | |
| 9/27/2017 | BTIG Research | Reiterated Rating | Buy | $35.00 -> $39.00 | Low | |
| 9/6/2017 | KeyCorp | Reiterated Rating | Buy | | Low | |
| 8/21/2017 | National Securities | Boost Price Target | Neutral -> Neutral | $33.00 -> $35.00 | Low | |
| 8/9/2017 | Stifel Nicolaus | Reiterated Rating | Buy | $34.50 -> $37.00 | Low | |
| 5/8/2017 | Wunderlich | Boost Price Target | Buy | $31.00 -> $34.00 | Low | |
| 1/5/2017 | Mitsubishi UFJ Financial Group | Reiterated Rating | Overweight -> Neutral | $29.00 | N/A | |
| 11/14/2016 | DA Davidson | Reiterated Rating | Buy | | N/A | |
| 8/22/2016 | JMP Securities | Downgrade | Outperform -> Market Perform | | N/A | |
| 7/28/2016 | Compass Point | Boost Price Target | Neutral | $23.00 -> $25.00 | N/A | |
| 1/12/2016 | Cowen and Company | Boost Price Target | | $25.00 | N/A | |
| 1/7/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $25.00 | N/A | |
| 12/8/2015 | Mitsubishi UFJ Financial Group Inc | Reiterated Rating | Overweight | | N/A | |
(Data available from 10/24/2015 forward)
Earnings History for Terreno Realty Corporation (NYSE:TRNO)Earnings History by Quarter for Terreno Realty Corporation (NYSE TRNO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.28 | $0.27 | $31.72 million | $32.78 million | View | N/A | |
| 5/3/2017 | Q1 2017 | $0.27 | $0.10 | $30.76 million | $31.44 million | View | N/A | |
| 2/10/2016 | Q4 | $0.25 | $0.17 | $24.99 million | $24.20 million | View | N/A | |
| 2/11/2015 | | $0.21 | $0.19 | | $18.75 million | View | N/A | |
| 11/24/2014 | | $0.23 | $0.22 | | | View | N/A | |
| 11/3/2014 | Q314 | | $0.08 | $11.50 million | $17.70 million | View | N/A | |
| 8/11/2014 | | $0.23 | $0.23 | $17.52 million | $16.61 million | View | N/A | |
| 5/12/2014 | | $0.22 | $0.21 | $13.39 million | $15.80 million | View | N/A | |
| 11/6/2013 | Q313 | $0.17 | $0.15 | $9.27 million | $1.52 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Terreno Realty Corporation (NYSE:TRNO)Current Year EPS Consensus Estimate: $1.13 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
Current Dividend Information for Terreno Realty Corporation (NYSE:TRNO)| Most Recent Dividend: | 10/20/2017 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 2.42% |
| Dividend Growth: | 14.00% (3 Year Average) |
| Payout Ratio: | 191.30% (Trailing 12 Months of Earnings)
77.88% (Based on This Year's Estimates)
69.84% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Terreno Realty Corporation (NYSE TRNO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.22 | 2.54% | 10/5/2017 | 10/6/2017 | 10/20/2017 |
| 5/4/2017 | quarterly | $0.20 | 2.5% | 7/5/2017 | 7/7/2017 | 7/21/2017 |
| 2/9/2017 | quarterly | $0.20 | 2.95% | 3/24/2017 | 3/28/2017 | 4/12/2017 |
| 11/3/2016 | quarterly | $0.20 | 3.21% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 7/28/2016 | quarterly | $0.20 | 2.94% | 10/5/2016 | 10/7/2016 | 10/21/2016 |
| 5/5/2016 | quarterly | $0.18 | 3.08% | 7/5/2016 | 7/7/2016 | 7/21/2016 |
| 2/11/2016 | quarterly | $0.18 | 3.43% | 3/23/2016 | 3/28/2016 | 4/12/2016 |
| 11/5/2015 | quarterly | $0.18 | 3.17% | 12/29/2015 | 12/31/2015 | 1/14/2016 |
| 8/6/2015 | quarterly | $0.16 | 3.04% | 10/5/2015 | 10/7/2015 | 10/21/2015 |
| 5/7/2015 | quarterly | $0.16 | 3.13% | 7/2/2015 | 7/7/2015 | 7/21/2015 |
| 2/19/2015 | quarterly | $0.16 | 2.8% | 4/2/2015 | 4/7/2015 | 4/21/2015 |
| 11/4/2014 | quarterly | $0.16 | 3.03% | 12/29/2014 | 12/31/2014 | 1/14/2015 |
| 8/11/2014 | quarterly | $0.14 | 2.89% | 10/3/2014 | 10/7/2014 | 10/21/2014 |
| 5/12/2014 | quarterly | $0.14 | 2.97% | 7/2/2014 | 7/7/2014 | 7/21/2014 |
| 2/19/2014 | quarterly | $0.13 | 2.76% | 4/3/2014 | 4/7/2014 | 4/21/2014 |
| 11/6/2013 | quarterly | $0.13 | 2.97% | 12/29/2014 | 12/31/2013 | 1/14/2014 |
| 8/7/2013 | quarterly | $0.13 | 2.89% | 10/3/2013 | 10/7/2013 | 10/21/2013 |
| 5/8/2013 | quarterly | $0.13 | 2.65% | 7/2/2013 | 7/5/2013 | 7/19/2013 |
| 2/19/2013 | quarterly | $0.12 | 2.79% | 4/3/2013 | 4/5/2013 | 4/19/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Terreno Realty Corporation (NYSE:TRNO)Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 98.10%
Insider Trades by Quarter for Terreno Realty Corporation (NYSE:TRNO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/1/2015 | Douglas M. Pasquale | Director | Buy | 3,500 | $19.82 | $69,370.00 | |
| 6/29/2015 | Douglas M Pasquale | Director | Buy | 3,354 | $19.84 | $66,543.36 | |
| 3/12/2014 | Douglas Pasquale | Director | Buy | 1,500 | $17.68 | $26,520.00 | |
| 11/20/2013 | Douglas Pasquale | Director | Buy | 1,000 | $16.76 | $16,760.00 | |
| 11/19/2013 | Douglas Pasquale | Director | Buy | 2,441 | $16.96 | $41,399.36 | |
| 11/18/2013 | Douglas Pasquale | Director | Buy | 4,559 | $17.21 | $78,460.39 | |
| 11/13/2013 | Peter Merlone | Director | Buy | 11,599 | $17.12 | $198,574.88 | |
| 11/11/2013 | Peter Merlone | Director | Buy | 4,781 | $17.15 | $81,994.15 | |
| 8/21/2013 | Douglas Pasquale | Director | Buy | 1,000 | $17.10 | $17,100.00 | |
| 8/19/2013 | Douglas Pasquale | Director | Buy | 4,000 | $17.50 | $70,000.00 | |
| 7/17/2013 | Douglas M Pasquale | Director | Buy | 5,350 | $18.25 | $97,637.50 | |
| 7/17/2013 | Jaime Jackson Cannon | CFO | Buy | 1,000 | $18.25 | $18,250.00 | |
| 7/17/2013 | Michael A Coke | President | Buy | 3,000 | $18.25 | $54,750.00 | |
| 7/17/2013 | W Blake Baird | CEO | Buy | 21,000 | $18.25 | $383,250.00 | |
| 2/22/2013 | Dennis Polk | Director | Buy | 2,500 | $16.60 | $41,500.00 | |
| 2/22/2013 | Michael A Coke | CFO | Buy | 5,000 | $16.60 | $83,000.00 | |
| 2/22/2013 | W Blake Baird | CEO | Buy | 60,000 | $16.60 | $996,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Terreno Realty Corporation (NYSE:TRNO)
Latest Headlines for Terreno Realty Corporation (NYSE:TRNO)
| Source: |
|
Loading headlines, please wait.
Terreno Realty Corporation (TRNO) Chart for Tuesday, October, 24, 2017
