Terreno Realty Corp. (TRNO) Declares Quarterly Dividend of $0.14
Terreno Realty Corp. (NASDAQ:TRNO) declared a quarterly dividend on Monday, August 11th, American Banking and Market News reports. Shareholders of record on Tuesday, October 7th will be given a dividend of 0.14 per share on Tuesday, October 21st. This represents a $0.56 dividend on an annualized basis and a yield of 2.88%.
On a related note, analysts at Goldman Sachs initiated coverage on shares of Terreno Realty Corp. in a research note on Thursday, June 26th. They set a “neutral” rating and a $19.50 price target on the stock.
Terreno Realty Corp. (NASDAQ:TRNO) opened at 19.45 on Monday. Terreno Realty Corp. has a one year low of $16.54 and a one year high of $20.05. The stock’s 50-day moving average is $18.99 and its 200-day moving average is $18.56. The company has a market cap of $483.7 million and a P/E ratio of 111.78.
Terreno Realty Corp. (NASDAQ:TRNO) last announced its earnings results on Tuesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. On average, analysts predict that Terreno Realty Corp. will post $0.89 EPS for the current fiscal year.
Terreno Realty Corporation (NASDAQ:TRNO) focuses on acquiring on acquiring, owning and operating industrial real estate located in six coastal United States markets: Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area; and Washington, D.
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