Terreno Realty Corp (NYSE: TRNO) closed the day trading at $58.45 down -1.78% from the previous closing price of $59.51. On the day, 800018 shares were traded.
Ratios:
For a better understanding of TRNO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.18. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, Terreno’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.77, and their Forward P/E ratio for the next fiscal year is 35.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.29 while its Price-to-Book (P/B) ratio in mrq is 1.75.
Stock Price History:
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.
Shares Statistics:
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 96.13% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Trinity Industries, Inc. analysts. The consensus estimate for the next quarter is $108.55, with high estimates of $24.67 and low estimates of $58.45.
