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Terreno Realty Corp. (NASDAQ:TRNO) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Wednesday. They currently have a $19.10 target price on the stock. Zacks‘s price target would indicate a potential downside of 4.98% from the company’s current price.

Shares of Terreno Realty Corp. (NASDAQ:TRNO) traded up 0.05% during mid-day trading on Wednesday, hitting $20.11. The stock had a trading volume of 13,648 shares. Terreno Realty Corp. has a 52-week low of $16.54 and a 52-week high of $20.16. The stock’s 50-day moving average is $19.1 and its 200-day moving average is $18.70. The company has a market cap of $662.4 million and a price-to-earnings ratio of 86.64.

Terreno Realty Corp. (NASDAQ:TRNO) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.23 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.23. Analysts expect that Terreno Realty Corp. will post $0.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 21st. Stockholders 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 2.79%. The ex-dividend date of this dividend is Friday, October 3rd.

Separately, 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 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.

To view Zacks’ full report, visit Zacks’ official website.

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