Terreno Realty (TRNO) to Release Quarterly Earnings on Wednesday

Terreno Realty (NYSE:TRNO - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $100.73 million for the quarter.

Terreno Realty (NYSE:TRNO - Get Free Report) last issued its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.24). The firm had revenue of $99.64 million during the quarter, compared to analysts' expectations of $96.31 million. Terreno Realty had a return on equity of 4.94% and a net margin of 45.37%. On average, analysts expect Terreno Realty to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Terreno Realty Trading Down 0.3 %

Shares of NYSE TRNO traded down $0.20 during trading hours on Friday, hitting $65.43. The company's stock had a trading volume of 664,260 shares, compared to its average volume of 789,625. Terreno Realty has a 12 month low of $53.78 and a 12 month high of $71.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.71 and a current ratio of 2.71. The business has a 50-day simple moving average of $60.99 and a 200-day simple moving average of $64.10. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 2.72 and a beta of 0.90.

Terreno Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Friday, December 13th were issued a dividend of $0.49 per share. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.00%. Terreno Realty's dividend payout ratio is presently 107.69%.

Analyst Ratings Changes

A number of research firms recently issued reports on TRNO. Scotiabank decreased their price target on shares of Terreno Realty from $70.00 to $67.00 and set a "sector perform" rating for the company in a research note on Friday, October 25th. JMP Securities restated a "market outperform" rating and issued a $72.00 target price on shares of Terreno Realty in a research note on Monday, January 6th. StockNews.com cut Terreno Realty from a "hold" rating to a "sell" rating in a research note on Friday, October 11th. Barclays restated an "equal weight" rating and set a $60.00 target price (down previously from $68.00) on shares of Terreno Realty in a report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Terreno Realty in a research note on Tuesday, January 14th. They issued a "hold" rating and a $60.00 price target for the company. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $67.50.

About Terreno Realty

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, DC All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited.