A share price of Terreno Realty Corp [TRNO] is currently trading at $65.40, up 1.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRNO shares have gain 4.12% over the last week, with a monthly amount glided 1.81%, and seem to be holding up well over a long-time horizon.
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On 9, April 2024, Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity. In a post published today on Yahoo Finance, 96.2% quarter-end occupancy compared to prior quarter of 98.5% and prior year of 98.1%.
From an analyst’s perspective:
Terreno Realty Corp [NYSE: TRNO] stock has seen the most recent analyst activity on March 27, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $71. Previously, Wells Fargo started tracking the stock with Overweight rating on December 07, 2023, and set its price target to $71. On October 03, 2023, Wedbush initiated with a Neutral rating and assigned a price target of $60 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $63 on July 19, 2023. Goldman initiated its recommendation with a Neutral and recommended $65 as its price target on July 11, 2023. Scotiabank downgraded its rating to Sector Perform for this stock on October 17, 2022, and downed its price target to $54. In a note dated October 13, 2022, Stifel initiated an Buy rating and provided a target price of $62 on this stock.
Terreno Realty Corp experienced fluctuations in its stock price throughout the past year between $50.42 and $66.63. Currently, Wall Street analysts expect the stock to reach $69.5 within the next 12 months. Terreno Realty Corp [NYSE: TRNO] shares were valued at $65.40 at the most recent close of the market. An investor can expect a potential return of 6.27% based on the average TRNO price forecast.
Analyzing the TRNO fundamentals
Trailing Twelve Months sales for Terreno Realty Corp [NYSE:TRNO] were 323.59M which represents 13.78% growth. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.52%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.43 points at the first support level, and at 63.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.96, and for the 2nd resistance point, it is at 66.51.
Terreno Realty Corp [TRNO] reported earnings per share of $0.67 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.36/share, meaning a difference of $0.31 and a surprise factor of 86.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.36 per share as compared to estimates of $0.33 per share, a difference of $0.03 representing a surprise of 9.10%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 19.34, the price to book ratio is 1.96 and price to earnings (TTM) ratio is 36.66.
Transactions by insiders
Recent insider trading involved Weston Melinda, Chief Accounting Officer, that happened on Dec 14 ’23 when 1500.0 shares were sold. Director, CARLSON LEROY E completed a deal on Dec 08 ’23 to sell 5000.0 shares. Meanwhile, PRESIDENT COKE MICHAEL A sold 10000.0 shares on Aug 04 ’23.
