Terreno Realty Corp (TRNO)’s Day in Review: Closing at 68.05, Down by -0.77

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $68.58 in the prior trading day, Terreno Realty Corp (NYSE: TRNO) closed at $68.05, down -0.77%. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.61 million shares were traded. TRNO stock price reached its highest trading level at $68.83 during the session, while it also had its lowest trading level at $67.475.

Ratios:

Our goal is to gain a better understanding of TRNO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.22. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.

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 the company, Wells Fargo on August 28, 2024, Downgraded its rating to Equal Weight and sets its target price to $75 from $71 previously.

On June 04, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $68.

On March 27, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $71.Barclays initiated its Overweight rating on March 27, 2024, with a $71 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 Aug 09 ’24 when COKE MICHAEL A sold 7,500 shares for $68.53 per share. The transaction valued at 513,975 led to the insider holds 402,164 shares of the business.

Meyer John Tull sold 6,145 shares of TRNO for $421,793 on Aug 09 ’24. The EVP now owns 110,988 shares after completing the transaction at $68.64 per share. On Aug 09 ’24, another insider, Cannon Jaime Jackson, who serves as the CFO of the company, sold 4,998 shares for $68.39 each. As a result, the insider received 341,813 and left with 101,927 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 6594031616 and an Enterprise Value of 7188756992. As of this moment, Terreno’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.17, and their Forward P/E ratio for the next fiscal year is 42.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.91 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 20.617 whereas that against EBITDA is 34.646.

Stock Price History:

Over the past 52 weeks, TRNO has reached a high of $71.63, while it has fallen to a 52-week low of $50.42. The 50-Day Moving Average of the stock is 4.26%, while the 200-Day Moving Average is calculated to be 11.11%.

Shares Statistics:

The stock has traded on average 680.81K shares per day over the past 3-months and 572040 shares per day over the last 10 days, according to various share statistics. A total of 96.90M shares are outstanding, with a floating share count of 94.75M. Insiders hold about 2.21% of the company’s shares, while institutions hold 108.73% stake in the company. Shares short for TRNO as of 1723680000 were 3333326 with a Short Ratio of 4.90, compared to 1721001600 on 3643170. Therefore, it implies a Short% of Shares Outstanding of 3333326 and a Short% of Float of 4.02.

Dividends & Splits

In the trailing 12 months, TRNO’s forward annual dividend rate was 1.8, compared to 1.80 this year. Against a Trailing Annual Dividend Yield of 0.026246717The stock’s 5-year Average Dividend Yield is 2.19.

Earnings Estimates

Currently, 3.0 analysts are dedicated to thoroughly evaluating and rating the performance of Terreno Realty Corp (TRNO) in the stock market.The consensus estimate for the next quarter is $0.37, with high estimates of $0.38 and low estimates of $0.37.

Analysts are recommending an EPS of between $1.52 and $1.5 for the fiscal current year, implying an average EPS of $1.51. EPS for the following year is $1.61, with 3.0 analysts recommending between $1.65 and $1.57.

Revenue Estimates

9 analysts predict $95.78M in revenue for the current quarter. It ranges from a high estimate of $101.35M to a low estimate of $84.77M. As of the current estimate, Terreno Realty Corp’s year-ago sales were $82.92MFor the next quarter, 9 analysts are estimating revenue of $98.46M. There is a high estimate of $108.09M for the next quarter, whereas the lowest estimate is $85.76M.

A total of 10 analysts have provided revenue estimates for TRNO’s current fiscal year. The highest revenue estimate was $385.59M, while the lowest revenue estimate was $339.93M, resulting in an average revenue estimate of $372.27M. In the same quarter a year ago, actual revenue was $323.59MBased on 10 analysts’ estimates, the company’s revenue will be $425.19M in the next fiscal year. The high estimate is $482.42M and the low estimate is $352.25M.

Most Popular