Terreno Realty Corp (NYSE: TRNO) is -5.87% lower on its value in year-to-date trading and has touched a low of $53.78 and a high of $71.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRNO stock was last observed hovering at around $58.62 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $58.99, the stock is -3.16% and -4.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.62 million and changing 0.63% at the moment leaves the stock -5.45% off its SMA200. TRNO registered -6.65% loss for a year compared to 6-month gain of 0.19%. The firm has a 50-day simple moving average (SMA 50) of $61.5106 and a 200-day simple moving average (SMA200) of $62.39085.
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
The stock witnessed a -1.57% loss in the last 1 month and extending the period to 3 months gives it a -14.78%, and is -5.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 2.40% over the month.
Terreno Realty Corp (TRNO) has around 42 employees, a market worth around $5.92B and $365.40M in sales. Current P/E ratio is 32.82 and Fwd P/E is 35.75. Profit margin for the company is 45.21%. Distance from 52-week low is 9.69% and -17.65% from its 52-week high. The company has generated returns on investments over the last 12 months (3.76%).
with sales reaching $101.96M over the same period.The EPS is expected to shrink by -15.19% this year, but quarterly earnings will post 17.78% year-over-year. Quarterly sales are estimated to grow 17.89% in year-over-year returns.
Terreno Realty Corp (TRNO) Top Institutional Holders
487.0 institutions hold shares in Terreno Realty Corp (TRNO), with institutional investors hold 109.86% of the company’s shares. The shares outstanding are 99.23M, and float is at 97.66M with Short Float at 4.37%. Institutions hold 107.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.78 million shares valued at $815.6 million. The investor’s holdings represent 15.507% of the TRNO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.64 million shares valued at $570.28 million to account for 10.8428 of the shares outstanding. The other top investors are FMR LLC which holds 9.1 million shares representing 10.2421% and valued at over $538.69 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 5.737 of the shares totaling 5.1 million with a market value of $301.74 million.
Terreno Realty Corp (TRNO) Insider Activity
The most recent transaction is an insider sale by COKE MICHAEL A, the company’s PRESIDENT. SEC filings show that COKE MICHAEL A sold 7,500 shares of the company’s common stock on Aug 09 ’24 at a price of $68.53 per share for a total of $0.51 million. Following the sale, the insider now owns 0.4 million shares.
Terreno Realty Corp disclosed in a document filed with the SEC on Aug 09 ’24 that Meyer John Tull (EVP) sold a total of 6,145 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $68.64 per share for $0.42 million. Following the transaction, the insider now directly holds 0.11 million shares of the TRNO stock.
Still, SEC filings show that on Aug 09 ’24, Cannon Jaime Jackson (CFO) disposed off 4,998 shares at an average price of $68.39 for $0.34 million. The insider now directly holds 101,927 shares of Terreno Realty Corp (TRNO).
