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The closing price of Terreno Realty Corp (NYSE: TRNO) was $55.07 for the day, up 0.24% from the previous closing price of $54.94. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.59 million shares were traded. TRNO stock price reached its highest trading level at $55.48 during the session, while it also had its lowest trading level at $54.51.
Ratios:
Our analysis of TRNO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.62. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on March 27, 2024, initiated with a Overweight rating and assigned the stock a target price of $71.
On December 07, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $71.
On October 03, 2023, Wedbush started tracking the stock assigning a Neutral rating and target price of $60.Wedbush initiated its Neutral rating on October 03, 2023, with a $60 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 14 ’23 when Weston Melinda sold 1,500 shares for $62.06 per share. The transaction valued at 93,090 led to the insider holds 15,683 shares of the business.
CARLSON LEROY E sold 5,000 shares of TRNO for $293,850 on Dec 08 ’23. The Director now owns 34,871 shares after completing the transaction at $58.77 per share. On Aug 04 ’23, another insider, COKE MICHAEL A, who serves as the PRESIDENT of the company, sold 10,000 shares for $59.60 each. As a result, the insider received 596,000 and left with 395,988 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRNO now has a Market Capitalization of 5315483136 and an Enterprise Value of 5455713792. As of this moment, Terreno’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.87, and their Forward P/E ratio for the next fiscal year is 33.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.29 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 16.86 whereas that against EBITDA is 28.32.
Stock Price History:
The Beta on a monthly basis for TRNO is 0.87, which has changed by -0.097952485 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, TRNO has reached a high of $66.63, while it has fallen to a 52-week low of $50.42. The 50-Day Moving Average of the stock is -12.32%, while the 200-Day Moving Average is calculated to be -7.87%.
Shares Statistics:
TRNO traded an average of 766.97K shares per day over the past three months and 866030 shares per day over the past ten days. A total of 95.70M shares are outstanding, with a floating share count of 93.65M. Insiders hold about 2.14% of the company’s shares, while institutions hold 96.14% stake in the company. Shares short for TRNO as of 1711584000 were 1621789 with a Short Ratio of 2.11, compared to 1709164800 on 3021918. Therefore, it implies a Short% of Shares Outstanding of 1621789 and a Short% of Float of 1.96.
Dividends & Splits
With its trailing 12-month dividend rate of 1.7, TRNO has a forward annual dividend rate of 1.75. The stock’s 5-year Average Dividend Yield is 2.13.
Earnings Estimates
The stock of Terreno Realty Corp (TRNO) is currently in the spotlight, with 3 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.34, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.37, with high estimates of $0.39 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.57 and $1.43 for the fiscal current year, implying an average EPS of $1.5. EPS for the following year is $1.64, with 3 analysts recommending between $1.72 and $1.57.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $89.38M to a low estimate of $85.4M. As of the current estimate, Terreno Realty Corp’s year-ago sales were $74.65M, an estimated increase of 16.90% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $90.33M, an increase of 13.60% less than the figure of $16.90% in the same quarter last year. There is a high estimate of $95.89M for the next quarter, whereas the lowest estimate is $85.51M.
A total of 10 analysts have provided revenue estimates for TRNO’s current fiscal year. The highest revenue estimate was $395.03M, while the lowest revenue estimate was $347.34M, resulting in an average revenue estimate of $368.87M. In the same quarter a year ago, actual revenue was $323.59M, up 14.00% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $412.5M in the next fiscal year. The high estimate is $469.39M and the low estimate is $367.83M. The average revenue growth estimate for next year is up 11.80% from the average revenue estimate for this year.
