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NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

Terreno Realty logo
$58.99 +0.37 (+0.63%)
(As of 12/20/2024 05:31 PM ET)

About Terreno Realty Stock (NYSE:TRNO)

Key Stats

Today's Range
$58.17
$60.16
50-Day Range
$58.62
$66.95
52-Week Range
$53.78
$71.63
Volume
19.62 million shs
Average Volume
827,970 shs
Market Capitalization
$5.88 billion
P/E Ratio
32.41
Dividend Yield
3.32%
Price Target
$69.22
Consensus Rating
Hold

Company Overview

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.

Terreno Realty Stock Analysis - MarketRank™

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44th Percentile Overall Score

TRNO MarketRank™: 

Terreno Realty scored higher than 44% of companies evaluated by MarketBeat, and ranked 735th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Terreno Realty has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Terreno Realty has only been the subject of 4 research reports in the past 90 days.

  • Read more about Terreno Realty's stock forecast and price target.
  • Earnings Growth

    Earnings for Terreno Realty are expected to grow by 10.37% in the coming year, from $2.41 to $2.66 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Terreno Realty is 32.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Terreno Realty is 32.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.80.

  • Price to Earnings Growth Ratio

    Terreno Realty has a PEG Ratio of 2.87. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Terreno Realty has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.28% of the outstanding shares of Terreno Realty have been sold short.
  • Short Interest Ratio / Days to Cover

    Terreno Realty has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Terreno Realty has recently increased by 7.83%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Terreno Realty pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Terreno Realty does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Terreno Realty is 107.69%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Terreno Realty will have a dividend payout ratio of 73.68% next year. This indicates that Terreno Realty will be able to sustain or increase its dividend.

  • Read more about Terreno Realty's dividend.
  • Percentage of Shares Shorted

    4.28% of the outstanding shares of Terreno Realty have been sold short.
  • Short Interest Ratio / Days to Cover

    Terreno Realty has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Terreno Realty has recently increased by 7.83%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Terreno Realty has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Terreno Realty this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added Terreno Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
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TRNO Stock News Headlines

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TRNO Stock Analysis - Frequently Asked Questions

Terreno Realty's stock was trading at $62.67 at the beginning of the year. Since then, TRNO stock has decreased by 5.9% and is now trading at $58.99.
View the best growth stocks for 2024 here
.

Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings data on Wednesday, November, 6th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.24. The real estate investment trust earned $99.64 million during the quarter, compared to the consensus estimate of $96.31 million. Terreno Realty had a net margin of 45.37% and a trailing twelve-month return on equity of 4.94%.

Terreno Realty's top institutional investors include FMR LLC (10.63%), Principal Financial Group Inc. (4.96%), State Street Corp (4.16%) and Geode Capital Management LLC (2.42%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Terreno Realty investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Humana (HUM), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Ex-Dividend for 10/11 Dividend
9/30/2024
Dividend Payable
10/11/2024
Last Earnings
11/06/2024
Ex-Dividend for 1/7 Dividend
12/13/2024
Today
12/20/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/07/2025

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
$69.22
High Stock Price Target
$75.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+17.3%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

Net Income
$151.46 million
Pretax Margin
45.42%

Debt

Sales & Book Value

Annual Sales
$365.40 million
Cash Flow
$2.36 per share
Book Value
$34.13 per share

Miscellaneous

Free Float
97,342,000
Market Cap
$5.88 billion
Optionable
Optionable
Beta
0.89

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This page (NYSE:TRNO) was last updated on 12/21/2024 by MarketBeat.com Staff
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