Terreno Realty Corp. (TRNO) Releases Quarterly Earnings Results
Terreno Realty Corp. (NASDAQ:TRNO) issued its quarterly earnings data on Tuesday. The company reported $0.23 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.23, Analyst Ratings Network reports.
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 19.43 on Tuesday. Terreno Realty Corp. has a one year low of $16.54 and a one year high of $20.05. The stock has a 50-day moving average of $19.0 and a 200-day moving average of $18.58. The company has a market cap of $483.2 million and a P/E ratio of 111.78.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.88%.
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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