Wedbush Comments on Terreno Realty FY2026 Earnings

Terreno Realty Co. (NYSE:TRNO) – Wedbush issued their FY2026 earnings per share (EPS) estimates for shares of Terreno Realty in a research report issued to clients and investors on Monday, February 10th. Wedbush analyst R. Anderson anticipates 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.

TRNO has been the subject of a number of other research reports. JMP Securities restated a “market outperform” rating and set a $72.00 price objective on shares of Terreno Realty in a research note on Monday. Barclays reissued an “equal weight” rating and set a $60.00 price objective (down from $68.00) on shares of Terreno Realty in a report on Monday, January 13th. Piper Sandler cut their target price 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. Scotiabank lowered their price objective on Terreno Realty from $70.00 to $67.00 and set a “sector perform” rating for the company in a report on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Terreno Realty in a report on Tuesday, January 14th. They set a “hold” rating and a $60.00 target price on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Terreno Realty currently has a consensus rating of “Hold” and a consensus price target of $68.27.

Terreno Realty Stock Up 0.1 %

Shares of NYSE:TRNO opened at $66.88 on Wednesday. The company has a 50 day moving average of $61.68 and a two-hundred day moving average of $64.05. Terreno Realty has a 52-week low of $53.78 and a 52-week high of $71.63. The company has a quick ratio of 2.71, a current ratio of 0.23 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 34.83, a price-to-earnings-growth ratio of 2.85 and a beta of 0.91.

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

Terreno Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.49 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.96 annualized dividend and a dividend yield of 2.93%. Terreno Realty’s dividend payout ratio is currently 102.08%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in shares of Terreno Realty during the third quarter valued at about $26,000. Assetmark Inc. boosted its holdings in shares of Terreno Realty by 2,381.3% in the third quarter. Assetmark Inc. now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 381 shares in the last quarter. Manchester Capital Management LLC acquired a new position in shares of Terreno Realty during the fourth quarter valued at approximately $27,000. Steward Partners Investment Advisory LLC raised its holdings in Terreno Realty by 176.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 566 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 361 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Terreno Realty by 6,580.0% during the 3rd quarter. International Assets Investment Management LLC now owns 1,002 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 987 shares in the last quarter.

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.