Should I buy or sell Terreno Realty stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRNO, but not buy additional shares or sell existing shares. View TRNO analyst ratings or view top-rated stocks .

What is Terreno Realty's stock price target for 2024?

9 brokers have issued 12 month price targets for Terreno Realty's stock. Their TRNO share price targets range from $62.00 to $73.00. On average, they predict the company's stock price to reach $67.11 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View analysts price targets for TRNO or view top-rated stocks among Wall Street analysts .

How have TRNO shares performed in 2024?

Terreno Realty's stock was trading at $62.67 at the beginning of the year. Since then, TRNO shares have decreased by 12.6% and is now trading at $54.75. View the best growth stocks for 2024 here .

Are investors shorting Terreno Realty?

Terreno Realty saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a drop of 37.2% from the March 15th total of 2,580,000 shares. Based on an average daily trading volume, of 700,300 shares, the days-to-cover ratio is currently 2.3 days. View Terreno Realty's Short Interest .

When is Terreno Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our TRNO earnings forecast .

How were Terreno Realty's earnings last quarter?

Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings results on Wednesday, February, 7th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.10. The real estate investment trust earned $86.48 million during the quarter, compared to the consensus estimate of $84.06 million. Terreno Realty had a trailing twelve-month return on equity of 5.55% and a net margin of 46.76%.

How often does Terreno Realty pay dividends? What is the dividend yield for Terreno Realty?

Terreno Realty announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.45 per share on Friday, April 5th. This represents a $1.80 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for TRNO .

Is Terreno Realty a good dividend stock?

Terreno Realty (NYSE:TRNO) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.08%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 99.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRNO will have a dividend payout ratio of 67.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TRNO .

What ETFs hold Terreno Realty's stock?

ETFs with the largest weight of Terreno Realty (NYSE:TRNO) stock in their portfolio include Intelligent Real Estate ETF (PRVT) , Principal Real Estate Active Opportunities ETF (BYRE) , Pacer Industrial Real Estate ETF (INDS) , U.S. Diversified Real Estate ETF (PPTY) , ALPS REIT Dividend Dogs ETF (RDOG) , AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) , SP Funds S&P Global REIT Sharia ETF (SPRE) and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) .

What other stocks do shareholders of Terreno Realty own?

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

Who are Terreno Realty's major shareholders?

Terreno Realty's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.33%), Congress Asset Management Co. MA (0.23%), Park Avenue Securities LLC (0.00%), Los Angeles Capital Management LLC (0.00%) and Mather Group LLC. (0.00%). Insiders that own company stock include Leroy E Carlson , Melinda Weston , Michael A Coke and W Blake Baird . 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 .

NYSE:TRNO

Terreno Realty (TRNO) Stock Price, News & Analysis

→ Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad)

Free TRNO Stock Alerts

$54.75

-0.77 (-1.39%)

(As of 04/18/2024 ET)

Compare

Today's Range: $54.54
▼
$55.55
50-Day Range: $54.75
▼
$66.41
52-Week Range: $50.42
▼
$66.63

Volume: 978,053 shs
Average Volume: 717,869 shs
Market Capitalization: $5.28 billion

P/E Ratio: 30.25
Dividend Yield: 3.29%
Price Target: $67.11

Get Terreno Realty alerts:

Terreno Realty MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 22.6% Upside
$67.11 Price Target
Short Interest: Healthy
1.68% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.59
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.79%
From $2.41 to $2.67 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.

3.91 out of 5 stars

Finance Sector

339th out of 822 stocks

Real Estate Industry

5th out of 23 stocks

3.2

Analyst's Opinion

Consensus Rating
Terreno Realty has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Terreno Realty has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.68% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Terreno Realty has recently decreased by 37.21%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Terreno Realty pays a meaningful dividend of 3.08%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Terreno Realty has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Terreno Realty is 99.45%. 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 67.42% next year. This indicates that Terreno Realty will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRNO.

2.0

News and Social Media Coverage

News Sentiment
Terreno Realty has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Terreno Realty this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for TRNO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Terreno Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Terreno Realty are expected to grow by 10.79% in the coming year, from $2.41 to $2.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Terreno Realty is 30.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Terreno Realty is 30.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.79.
Price to Earnings Growth Ratio
Terreno Realty has a PEG Ratio of 2.69. 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 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Timothy Sykes

Urgent alert: open this for a huge profit potential

This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.

See Tim’s instructions to make this remarkably simple trade right here

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

30 days | 90 days | 365 days | Advanced Chart

TRNO Stock News Headlines

April 18, 2024 | bizjournals.com

Northern Virginia industrial property trades hands for $84M

April 17, 2024 | nasdaq.com

TRNO Crosses Below Key Moving Average Level

April 19, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 16, 2024 | businesswire.com

Terreno Realty Corporation Acquires Property in Alexandria, VA for $84.3 Million

April 12, 2024 | bizjournals.com

Unfinished Hialeah warehouse park 100% pre-leased

April 12, 2024 | businesswire.com

Terreno Realty Corporation Announces Development Start in Hialeah, FL

April 10, 2024 | markets.businessinsider.com

Maintaining Buy on Terreno Realty: Strong Fundamentals and Positive Outlook Despite Occupancy Dip

April 10, 2024 | markets.businessinsider.com

KeyBanc Sticks to Their Buy Rating for Terreno Realty (TRNO)

April 19, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 9, 2024 | businesswire.com

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

April 1, 2024 | msn.com

Homeowners prepare rentals for Masters week

April 1, 2024 | msn.com

Flea's 'Iconic Architectural Compound' Overlooking Los Angeles on Sale for Nearly $7 Million

April 1, 2024 | finance.yahoo.com

Terreno Realty Corporation Sells Property in Seattle, WA for $11.0 Million

March 27, 2024 | markets.businessinsider.com

Analyst Expectations For Terreno Realty's Future

March 26, 2024 | markets.businessinsider.com

Terreno Realty Prices Public Offering Of 5.5 Mln Shares At $62/Shr

March 25, 2024 | businesswire.com

Terreno Realty Corporation Upsizes and Prices Equity Offering

March 25, 2024 | markets.businessinsider.com

Terreno Realty Acquires Industrial Property In East Williamsburg, Brooklyn

March 25, 2024 | msn.com

Terreno Realty commences 5M stock offering

March 25, 2024 | businesswire.com

Terreno Realty Corporation Acquires Property in Brooklyn, NY for $12.0 Million

March 18, 2024 | investing.com

Terreno (TRNO) Earnings Dates & Reports

March 13, 2024 | benzinga.com

If You Invested $10K In Terreno Realty Five Years Ago, Here's How Much Your Shares Would Be Worth Today

March 7, 2024 | seekingalpha.com

Terreno Realty: Attractive Financials But Overvalued (Rating Downgrade)

March 4, 2024 | edition.cnn.com

Terreno Realty Corporation

February 26, 2024 | finance.yahoo.com

Terreno Realty Corporation Announces Development Starts in Hialeah, FL

February 26, 2024 | businesswire.com

Terreno Realty Corporation Announces Development Starts in Hialeah, FL

February 22, 2024 | finance.yahoo.com

Election Year Triggers Investment Surge in Key Industrial REITs

February 12, 2024 | markets.businessinsider.com

Buy Rating for Terreno Realty: Strategic Locations and Robust Growth Potential

See More Headlines

Receive TRNO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Terreno Realty and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/07/2024
Ex-Dividend for 4/5 Dividend: 3/27/2024
Dividend Payable: 4/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate
Sub-Industry: Industrial REITs
Current Symbol: NYSE:TRNO
CUSIP: 88146M10
CIK: 1476150
Web: www.terreno.com
Phone: (415) 655-4580
Fax: 415-655-4599
Employees: 42
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $67.11
High Stock Price Target: $73.00
Low Stock Price Target: $62.00
Potential Upside/Downside: +22.6%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.81
Trailing P/E Ratio: 30.25
Forward P/E Ratio: 22.72
P/E Growth: 2.69
Net Income: $151.46 million
Net Margins: 46.76%
Pretax Margin: 46.81%
Return on Equity: 5.55%
Return on Assets: 4.07%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 2.68
Quick Ratio: 2.68

Sales & Book Value

Annual Sales: $323.59 million
Price / Sales: 16.33
Cash Flow: $2.33 per share
Price / Cash Flow: 23.51
Book Value: $34.13 per share
Price / Book: 1.60

Miscellaneous

Outstanding Shares: 96,520,000
Free Float: 94,205,000
Market Cap: $5.28 billion
Optionable: Optionable
Beta: 0.81

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Mr. W. Blake Baird (Age 63)
Co-Founder, Chairman & CEO
Comp: $809.9k
Mr. Michael A. Coke CPA (Age 56)
Co-Founder, President & Director
Comp: $809.9k
Mr. Jaime Jackson Cannon (Age 49)
Executive VP, CFO, Head of Investor Relations & Secretary
Comp: $784.9k
Mr. John Tull Meyer (Age 64)
Executive VP & COO
Comp: $784.9k
Ms. Melinda E. Weston
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TRNO Stock Analysis - Frequently Asked Questions

Should I buy or sell Terreno Realty stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terreno Realty in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRNO, but not buy additional shares or sell existing shares.
View TRNO analyst ratings or view top-rated stocks.
What is Terreno Realty's stock price target for 2024?: 9 brokers have issued 12 month price targets for Terreno Realty's stock. Their TRNO share price targets range from $62.00 to $73.00. On average, they predict the company's stock price to reach $67.11 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for TRNO or view top-rated stocks among Wall Street analysts.
How have TRNO shares performed in 2024?: Terreno Realty's stock was trading at $62.67 at the beginning of the year. Since then, TRNO shares have decreased by 12.6% and is now trading at $54.75.
View the best growth stocks for 2024 here.
Are investors shorting Terreno Realty?: Terreno Realty saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a drop of 37.2% from the March 15th total of 2,580,000 shares. Based on an average daily trading volume, of 700,300 shares, the days-to-cover ratio is currently 2.3 days.
View Terreno Realty's Short Interest.
When is Terreno Realty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TRNO earnings forecast.
How were Terreno Realty's earnings last quarter?: Terreno Realty Co. (NYSE:TRNO) issued its quarterly earnings results on Wednesday, February, 7th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.10. The real estate investment trust earned $86.48 million during the quarter, compared to the consensus estimate of $84.06 million. Terreno Realty had a trailing twelve-month return on equity of 5.55% and a net margin of 46.76%.

How often does Terreno Realty pay dividends? What is the dividend yield for Terreno Realty?: Terreno Realty announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.45 per share on Friday, April 5th. This represents a $1.80 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for TRNO.
Is Terreno Realty a good dividend stock?: Terreno Realty (NYSE:TRNO) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.08%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 99.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRNO will have a dividend payout ratio of 67.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRNO.
What ETFs hold Terreno Realty's stock?: ETFs with the largest weight of Terreno Realty (NYSE:TRNO) stock in their portfolio include Intelligent Real Estate ETF (PRVT), Principal Real Estate Active Opportunities ETF (BYRE), Pacer Industrial Real Estate ETF (INDS), U.S. Diversified Real Estate ETF (PPTY), ALPS REIT Dividend Dogs ETF (RDOG), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), SP Funds S&P Global REIT Sharia ETF (SPRE) and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI).
What other stocks do shareholders of Terreno Realty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Terreno Realty investors own include Prologis (PLD), STAG Industrial (STAG), Pfizer (PFE), AbbVie (ABBV), Cisco Systems (CSCO), Verizon Communications (VZ), Abbott Laboratories (ABT), Archer-Daniels-Midland (ADM), PepsiCo (PEP) and QUALCOMM (QCOM).
Who are Terreno Realty's major shareholders?: Terreno Realty's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.33%), Congress Asset Management Co. MA (0.23%), Park Avenue Securities LLC (0.00%), Los Angeles Capital Management LLC (0.00%) and Mather Group LLC. (0.00%). Insiders that own company stock include Leroy E Carlson, Melinda Weston, Michael A Coke and W Blake Baird.
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.

This page (NYSE:TRNO) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial