Wedbush Comments on Terreno Realty FY2026 Earnings

Terreno Realty Co. (NYSE:TRNO) – Analysts at Wedbush issued their FY2026 EPS estimates for shares of Terreno Realty in a report released on Monday, February 10th. Wedbush analyst R. Anderson expects that the real estate investment trust will post earnings of $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 equities research analysts have also issued reports on TRNO. Barclays restated an “equal weight” rating and set a $60.00 price target (down previously from $68.00) on shares of Terreno Realty in a report on Monday, January 13th. Piper Sandler dropped their price objective on shares of Terreno Realty from $80.00 to $78.00 and set an “overweight” rating on the stock in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft started coverage on shares of Terreno Realty in a research report on Tuesday, January 14th. They issued a “hold” rating and a $60.00 target price for the company. JMP Securities reaffirmed a “market outperform” rating and set a $72.00 price objective on shares of Terreno Realty in a report on Monday. Finally, BMO Capital Markets upped their price objective on shares of Terreno Realty from $71.00 to $73.00 and gave the stock a “market perform” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $68.45.

Terreno Realty Stock Performance

Shares of TRNO opened at $66.52 on Wednesday. The firm’s 50 day moving average is $61.81 and its 200-day moving average is $64.03. The stock has a market capitalization of $6.64 billion, a P/E ratio of 34.65, a P/E/G ratio of 2.85 and a beta of 0.91. 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 12-month low of $53.78 and a 12-month high of $71.63.

Terreno Realty (NYSE:TRNO) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.24. Terreno Realty had a net margin of 48.18% and a return on equity of 5.20%.

Institutional Investors Weigh In On Terreno Realty

A number of hedge funds have recently made changes to their positions in the company. DF Dent & Co. Inc. increased its position in shares of Terreno Realty by 1.2% during the 4th quarter. DF Dent & Co. Inc. now owns 34,254 shares of the real estate investment trust’s stock worth $2,026,000 after purchasing an additional 397 shares in the last quarter. Geode Capital Management LLC increased its position in Terreno Realty by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,434,904 shares of the real estate investment trust’s stock valued at $144,031,000 after acquiring an additional 19,900 shares in the last quarter. Alliancebernstein L.P. increased its position in Terreno Realty by 2.4% in the 4th quarter. Alliancebernstein L.P. now owns 138,847 shares of the real estate investment trust’s stock valued at $8,211,000 after acquiring an additional 3,237 shares in the last quarter. DnB Asset Management AS acquired a new stake in Terreno Realty in the 4th quarter valued at about $230,000. Finally, Nomura Asset Management Co. Ltd. increased its position in Terreno Realty by 8.8% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 131,090 shares of the real estate investment trust’s stock valued at $7,753,000 after acquiring an additional 10,640 shares in the last quarter.

Terreno Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 27th will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, March 27th. Terreno Realty’s dividend payout ratio is 102.08%.

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.