Terreno Realty (TRNO) Expected to Announce Quarterly Earnings on Wednesday

Terreno Realty (NYSE:TRNO) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect Terreno Realty to post earnings of $0.64 per share and revenue of $108.01 million for the quarter.

Terreno Realty Trading Up 1.2%

Shares of TRNO opened at $57.13 on Monday. The company has a market capitalization of $5.89 billion, a P/E ratio of 29.76, a P/E/G ratio of 2.82 and a beta of 1.07. Terreno Realty has a one year low of $48.18 and a one year high of $71.63. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a 50-day moving average price of $59.96 and a 200 day moving average price of $61.53.

Terreno Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, June 27th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Friday, June 27th. Terreno Realty’s dividend payout ratio is presently 102.08%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TRNO. Piper Sandler dropped their price target on Terreno Realty from $61.00 to $60.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 15th. The Goldman Sachs Group upgraded Terreno Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $65.00 to $77.00 in a research report on Friday, February 21st. StockNews.com upgraded Terreno Realty from a “sell” rating to a “hold” rating in a research report on Friday. BMO Capital Markets raised their price objective on Terreno Realty from $71.00 to $73.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 12th. Finally, Barclays reduced their price objective on Terreno Realty from $60.00 to $57.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $66.45.

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.