Brokers Offer Predictions for Terreno Realty FY2025 Earnings

Terreno Realty Co. (NYSE:TRNO) – Investment analysts at Wedbush lowered their FY2025 EPS estimates for Terreno Realty in a research note issued on Monday, February 10th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will post earnings per share of $2.65 for the year, down from their prior forecast of $2.67. The consensus estimate for Terreno Realty’s current full-year earnings is $2.64 per share.

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

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Terreno Realty in a research note on Tuesday, January 14th. They issued a “hold” rating and a $60.00 price target for the company. JMP Securities reaffirmed a “market outperform” rating and issued a $72.00 price target on shares of Terreno Realty in a research note on Monday. BMO Capital Markets lifted their price target on shares of Terreno Realty from $71.00 to $73.00 and gave the company a “market perform” rating in a research note on Wednesday. Barclays reaffirmed an “equal weight” rating and issued a $60.00 price target (down from $68.00) on shares of Terreno Realty in a research note on Monday, January 13th. Finally, Scotiabank decreased their price target on shares of Terreno Realty from $70.00 to $67.00 and set a “sector perform” rating for the company in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $68.45.

Terreno Realty Price Performance

Shares of NYSE TRNO opened at $67.24 on Thursday. Terreno Realty has a twelve month low of $53.78 and a twelve month high of $71.63. The firm has a fifty day simple moving average of $61.95 and a 200 day simple moving average of $64.05. The company has a market capitalization of $6.71 billion, a PE ratio of 35.02, a P/E/G ratio of 2.85 and a beta of 0.91. The company has a quick ratio of 2.71, a current ratio of 0.23 and a debt-to-equity ratio of 0.24.

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 issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Thursday, March 27th. Terreno Realty’s dividend payout ratio is currently 102.08%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mariner LLC boosted its holdings in Terreno Realty by 3.7% during the fourth quarter. Mariner LLC now owns 4,464 shares of the real estate investment trust’s stock worth $264,000 after purchasing an additional 161 shares during the last quarter. Huntington National Bank boosted its holdings in Terreno Realty by 7.4% during the third quarter. Huntington National Bank now owns 2,555 shares of the real estate investment trust’s stock worth $171,000 after purchasing an additional 177 shares during the last quarter. MML Investors Services LLC boosted its holdings in Terreno Realty by 6.1% during the third quarter. MML Investors Services LLC now owns 4,358 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 249 shares during the last quarter. Arizona State Retirement System boosted its holdings in Terreno Realty by 1.0% during the fourth quarter. Arizona State Retirement System now owns 28,122 shares of the real estate investment trust’s stock worth $1,663,000 after purchasing an additional 276 shares during the last quarter. Finally, Creative Planning boosted its holdings in Terreno Realty by 7.0% during the second quarter. Creative Planning now owns 4,797 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 312 shares during the last quarter.

About Terreno Realty

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.