Equities analysts expect Terreno Realty Co. (NYSE:TRNO) to report $0.45 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Terreno Realty’s earnings. The highest EPS estimate is $0.47 and the lowest is $0.43. Terreno Realty reported earnings per share of $0.36 during the same quarter last year, which indicates a positive year-over-year growth rate of 25%. The business is scheduled to report its next quarterly earnings report on Wednesday, February 9th.
According to Zacks, analysts expect that Terreno Realty will report full-year earnings of $1.72 per share for the current financial year, with EPS estimates ranging from $1.69 to $1.74. For the next fiscal year, analysts forecast that the business will report earnings of $1.96 per share, with EPS estimates ranging from $1.90 to $2.07. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Terreno Realty.
Terreno Realty (NYSE:TRNO) last released its quarterly earnings data on Wednesday, November 3rd. The real estate investment trust reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.14). The business had revenue of $57.27 million during the quarter, compared to the consensus estimate of $54.92 million. Terreno Realty had a return on equity of 4.11% and a net margin of 32.60%.
TRNO traded down $0.99 on Friday, hitting $76.86. The company’s stock had a trading volume of 10,259 shares, compared to its average volume of 353,461. The company’s 50 day simple moving average is $79.00 and its 200-day simple moving average is $71.42. The firm has a market cap of $5.48 billion, a P/E ratio of 78.41 and a beta of 0.62. Terreno Realty has a 12 month low of $53.97 and a 12 month high of $86.00. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.35.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 5th. Stockholders of record on Wednesday, December 15th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.77%. The ex-dividend date was Tuesday, December 14th. Terreno Realty’s dividend payout ratio (DPR) is currently 138.78%.
Several institutional investors have recently bought and sold shares of TRNO. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Terreno Realty during the 2nd quarter valued at $27,000. Atlantic Trust LLC purchased a new stake in shares of Terreno Realty during the 2nd quarter valued at $27,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of Terreno Realty during the 3rd quarter valued at $28,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Terreno Realty by 485.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 388 shares in the last quarter. Finally, FinTrust Capital Advisors LLC raised its position in shares of Terreno Realty by 74.5% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 642 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 93.54% of the company’s stock.
Terreno Realty Company Profile
Terreno Realty Corp. operates as a real estate company, which acquires, owns, and manages industrial properties. It invests in several types of industrial real estate, including warehouse/distribution, flex, research and development, and trans-shipment. The company was founded by Michael A. Coke and W.
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