Wedbush Estimates Terreno Realty FY2026 Earnings

Terreno Realty Co. (NYSE:TRNO - Free Report) - Research analysts at Wedbush issued their FY2026 earnings per share estimates for shares of Terreno Realty in a research note issued to investors on Monday, February 10th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will earn $2.85 per share for the year. The consensus estimate for Terreno Realty's current full-year earnings is $2.64 per share.

A number of other research analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft started coverage on Terreno Realty in a research note on Tuesday, January 14th. They issued a "hold" rating and a $60.00 price objective on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $72.00 target price on shares of Terreno Realty in a report on Monday, February 10th. Barclays reaffirmed an "equal weight" rating and issued a $60.00 target price (down previously from $68.00) on shares of Terreno Realty in a report on Monday, January 13th. Piper Sandler lowered their target price on Terreno Realty from $80.00 to $78.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. Finally, Scotiabank lowered their target price on Terreno Realty from $70.00 to $67.00 and set a "sector perform" rating on the stock in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $68.45.

Terreno Realty Stock Performance

Shares of TRNO stock traded down $0.59 during trading on Wednesday, reaching $66.74. The company had a trading volume of 617,736 shares, compared to its average volume of 803,422. The firm's 50 day simple moving average is $62.10 and its two-hundred day simple moving average is $64.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.23 and a quick ratio of 2.71. Terreno Realty has a one year low of $53.78 and a one year high of $71.63. The company has a market capitalization of $6.66 billion, a PE ratio of 34.76, a PEG ratio of 2.85 and a beta of 0.91.

Terreno Realty (NYSE:TRNO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.24. Terreno Realty had a return on equity of 5.20% and a net margin of 48.18%.

Terreno Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be paid a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 2.94%. The ex-dividend date is Thursday, March 27th. Terreno Realty's dividend payout ratio is 102.08%.

Institutional Trading of Terreno Realty

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC raised its position in Terreno Realty by 89.4% in the 4th quarter. Jane Street Group LLC now owns 107,212 shares of the real estate investment trust's stock valued at $6,341,000 after purchasing an additional 50,592 shares during the last quarter. Freestone Grove Partners LP bought a new position in Terreno Realty in the 4th quarter valued at $256,000. Northern Trust Corp raised its position in Terreno Realty by 51.6% in the 4th quarter. Northern Trust Corp now owns 1,845,621 shares of the real estate investment trust's stock valued at $109,150,000 after purchasing an additional 628,065 shares during the last quarter. Quarry LP raised its position in Terreno Realty by 613.7% in the 4th quarter. Quarry LP now owns 728 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 626 shares during the last quarter. Finally, Waterfront Capital Partners LLC bought a new stake in shares of Terreno Realty during the fourth quarter worth $3,894,000.

Terreno Realty Company Profile

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.