Terreno Realty (TRNO) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $54.51 to $55.57
• 50-Day Range: $54.19 to $59.96
• 52-Week Range: $48.18 to $71.63
• Volume: 640,372 shs
• Average Volume: 770,126 shs
• Market Capitalization: $5.64 billion
• P/E Ratio: 27.45
• Dividend Yield: 3.59%
• Price Target: $65.90
• Consensus Rating: Hold

Terreno Realty Stock Analysis - MarketRank™

Terreno Realty scored higher than 52% of companies evaluated by MarketBeat, and ranked 1399th out of 1,824 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Terreno Realty has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Terreno Realty has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.71%

Earnings Growth

Earnings for Terreno Realty are expected to grow by 8.71% in the coming year, from $2.64 to $2.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Terreno Realty is 27.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Terreno Realty is 27.45, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.74.

Price to Earnings Growth Ratio

Terreno Realty has a PEG Ratio of 2.37. 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 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.47% 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 6.1.

Change versus previous month

Short interest in Terreno Realty has recently decreased by 13.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Terreno Realty is a leading dividend payer. It pays a dividend yield of 3.53%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Terreno Realty has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Terreno Realty is 98.49%. 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 68.29% next year. This indicates that Terreno Realty will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.47% 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 6.1.

Change versus previous month

Short interest in Terreno Realty has recently decreased by 13.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.98

News Sentiment

Terreno Realty has a news sentiment score of 0.98. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Terreno Realty this week, compared to 9 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Terreno Realty insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.40% of the stock of Terreno Realty is held by insiders.

TRNO Stock Analysis - Frequently Asked Questions

How have TRNO shares performed this year?

Terreno Realty's stock was trading at $59.14 at the beginning of the year. Since then, TRNO shares have decreased by 7.6% and is now trading at $54.6340.

How were Terreno Realty's earnings last quarter?

Terreno Realty Corporation (NYSE:TRNO) posted its earnings results on Wednesday, February, 5th. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.24. Terreno Realty had a trailing twelve-month return on equity of 5.37% and a net margin of 48.14%.

Who are Terreno Realty's major shareholders?

Top institutional shareholders of Terreno Realty include Copeland Capital Management LLC (1.06%), Bank of New York Mellon Corp (0.83%), Chevy Chase Trust Holdings LLC (0.60%) and Allspring Global Investments Holdings LLC (0.51%). Insiders that own company stock include 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.

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 American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Humana (HUM), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 2/05/2025
• Record date for 7/11 Dividend: 6/27/2025
• Ex-Dividend for 7/11 Dividend: 6/27/2025
• Dividend Payable: 7/11/2025
• Today: 8/06/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Industrial REITs
• Current Symbol: NYSE:TRNO
• CIK: 1476150
• Web: www.terreno.com
• Phone: (415) 655-4580
• Fax: 415-655-4599
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Terreno Realty: $65.90
• High Price Target: $77.00
• Low Price Target: $56.00
• Potential Upside/Downside: +20.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.09
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.99
• Trailing P/E Ratio: 27.45
• Forward P/E Ratio: 20.69
• P/E Growth: 2.37
• Net Income: $184.50 million
• Net Margins: 48.14%
• Pretax Margin: 48.18%
• Return on Equity: 5.37%
• Return on Assets: 4.20%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 2.35
• Quick Ratio: 2.35

Sales & Book Value

• Annual Sales: $382.62 million
• Price / Sales: 14.75
• Cash Flow: $2.60 per share
• Price / Cash Flow: 21.05
• Book Value: $36.72 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 103,320,000
• Free Float: 100,844,000
• Market Cap: $5.64 billion
• Optionable: Optionable
• Beta: 1.02