Terreno (TRNO) Leases San Leandro Property, Sees Decent Demand
Terreno's (TRNO) latest leasing activities highlight healthy demand for the company's properties.
This 3%-Yielding Real Estate Stock Just Raised Its Dividend Again. Is It a Buy Before Its Next Raise?
Terreno Realty just increased its dividend by nearly 9%. The industrial REIT has delivered robust dividend growth over the years.
Terreno (TRNO) Announces Lease Renewal, Sees Decent Demand
Terreno's (TRNO) securing of renewal lease with a global supplier of automotive parts, components and technologies at Torrance, CA, highlights healthy demand for its properties.
Terreno Realty (TRNO) Sees Rent Growth in Q2, Occupancy Declines
Terreno Realty's (TRNO) Q2 operating results witness solid rent growth on new and renewed leases, though occupancy declines because of acquired vacancy.
Terreno Realty (TRNO) Concludes Development of Hialeah Property
Terreno (TRNO) completes the development and stabilization of Building 40 in Hialeah, FL. The move poises it well to capitalize on the favorable industrial real estate market fundamentals.
Terreno (TRNO) Announces Renewal & Expansion Lease at Fremont
Terreno's (TRNO) securing of renewal and expansion lease with Advanced Air Mobility provider at Fremont, CA, highlights healthy demand for its properties.
Terreno (TRNO) Leases Newark Property, Sees Decent Demand
Terreno's (TRNO) latest leasing activity reflects the solid demand for its properties amid the industrial real estate sector's healthy fundamentals.
Terreno Realty Co. (NYSE:TRNO) Shares Sold by Amalgamated Bank
Amalgamated Bank reduced its stake in shares of Terreno Realty Co. (NYSE:TRNO – Free Report) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,213 shares of the real estate investment trust’s stock after selling 822 shares during the quarter. Amalgamated Bank’s holdings in Terreno Realty were worth $452,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. grew its position in Terreno Realty by 337.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 529 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 408 shares during the period. Exchange Traded Concepts LLC acquired a new position in Terreno Realty during the fourth quarter worth about $35,000. Blue Trust Inc. grew its position in Terreno Realty by 84.2% during the fourth quarter. Blue Trust Inc. now owns 989 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 452 shares during the period. Dfpg Investments LLC acquired a new position in Terreno Realty during the fourth quarter worth about $200,000. Finally, Covestor Ltd grew its position in Terreno Realty by 16.9% during the third quarter. Covestor Ltd now owns 3,561 shares of the real estate investment trust’s stock worth $202,000 after buying an additional 514 shares during the period. Terreno Realty Stock Performance Shares of TRNO opened at $58.10 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 10.17 and a current ratio of 10.17. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 30.26, a PEG ratio of 2.84 and a beta of 0.85. The company’s 50 day simple moving average is $59.61 and its 200 day simple moving average is $60.22. Terreno Realty Co. has a 1 year low of $50.42 and a 1 year high of $66.63. Terreno Realty Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.10%. Terreno Realty’s dividend payout ratio is presently 93.75%. Analysts Set New Price Targets Several research firms have recently commented on TRNO. Scotiabank lowered their price target on shares of Terreno Realty from $66.00 to $59.00 and set a “sector perform” rating on the stock in a research report on Thursday. Mizuho increased their price target on shares of Terreno Realty from $52.00 to $62.00 and gave the company a “neutral” rating in a research report on Tuesday, April 2nd. StockNews.com lowered shares of Terreno Realty from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. Barclays began coverage on shares of Terreno Realty in a research report on Wednesday, March 27th. They issued an “overweight” rating and a $71.00 price target on the stock. Finally, JMP Securities reiterated a “market outperform” rating and issued a $65.00 price target on shares of Terreno Realty in a research report on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Terreno Realty currently has an average rating of “Hold” and a consensus price target of $64.56. Check Out Our Latest Report on TRNO Terreno Realty Company Profile (Free Report) 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. Read More Five stocks we like better than Terreno Realty How Investors Can Identify and Successfully Trade Gap-Down Stocks MarketBeat Week in Review – 5/13 – 5/17 What Are Dividend Achievers? An Introduction Take-Two Interactive Software Offers 2nd Chance for Investors What is a SEC Filing? Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
