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NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

$68.58
+0.12 (+0.18%)
(As of 09/6/2024 ET)
Today's Range
$67.55
$68.67
50-Day Range
$59.43
$71.02
52-Week Range
$50.42
$71.63
Volume
895,902 shs
Average Volume
624,248 shs
Market Capitalization
$6.65 billion
P/E Ratio
35.72
Dividend Yield
2.62%
Price Target
$69.56

Terreno Realty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.4% Upside
$69.56 Price Target
Short Interest
Healthy
3.44% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of Terreno Realty in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.28 M Sold Last Quarter
Proj. Earnings Growth
9.50%
From $2.42 to $2.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

Finance Sector

520th out of 871 stocks

Real Estate Industry

13th out of 23 stocks

TRNO stock logo

About Terreno Realty Stock (NYSE:TRNO)

Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) 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 notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land parcels consisting of approximately 152.4 acres, seven properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), commencing with its taxable year ended December 31, 2010.

TRNO Stock Price History

TRNO Stock News Headlines

Mizuho Reiterates Underperform Rating for Terreno Realty (NYSE:TRNO)
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Mizuho Downgrades Terreno Realty (TRNO)
Terreno Realty Co. (NYSE:TRNO) Receives $69.56 Average PT from Analysts
Terreno Realty: Strong NOI Growth Is Already Priced In
Terreno Realty (NYSE:TRNO) Downgraded to Sell at StockNews.com
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Terreno Realty (NYSE:TRNO) Price Target Raised to $70.00
See More Headlines
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Company Calendar

Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Last Earnings
8/07/2024
Today
9/07/2024
Ex-Dividend for 10/11 Dividend
9/30/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Industrial REITs
CUSIP
88146M10
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$69.56
High Stock Price Target
$75.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$151.46 million
Pretax Margin
45.78%

Debt

Sales & Book Value

Annual Sales
$323.59 million
Cash Flow
$2.48 per share
Book Value
$35.51 per share

Miscellaneous

Free Float
94,383,000
Market Cap
$6.65 billion
Optionable
Optionable
Beta
0.90
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TRNO Stock Analysis - Frequently Asked Questions

How have TRNO shares performed this year?

Terreno Realty's stock was trading at $62.67 at the beginning of 2024. Since then, TRNO shares have increased by 9.4% and is now trading at $68.58.
View the best growth stocks for 2024 here
.

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) posted its quarterly earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.54 by $0.17. The real estate investment trust had revenue of $94.25 million for the quarter, compared to the consensus estimate of $89.07 million. Terreno Realty had a trailing twelve-month return on equity of 5.08% and a net margin of 45.69%.

Who are Terreno Realty's major shareholders?

Top institutional shareholders of Terreno Realty include Principal Financial Group Inc. (5.22%), American Century Companies Inc. (2.22%), Dimensional Fund Advisors LP (1.43%) and Thrivent Financial for Lutherans (1.37%). Insiders that own company stock include W Blake Baird, Michael A Coke, John Tull Meyer, Jaime Jackson Cannon, Leroy E Carlson and Melinda Weston.
View institutional ownership trends
.

How do I buy shares of Terreno Realty?

Shares of TRNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Terreno Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Terreno Realty investors own include Prologis (PLD), STAG Industrial (STAG), Pfizer (PFE), AbbVie (ABBV), Cisco Systems (CSCO), Verizon Communications (VZ) and Abbott Laboratories (ABT).

This page (NYSE:TRNO) was last updated on 9/7/2024 by MarketBeat.com Staff

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