Terreno Realty Corp (NYSE: TRNO) is 13.83% higher on its value in year-to-date trading and has touched a low of $53.68 and a high of $71.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRNO stock was last observed hovering at around $66.48 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $67.32, the stock is 2.82% and 8.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 1.26% at the moment leaves the stock 7.60% off its SMA200. TRNO registered 6.79% gain for a year compared to 6-month loss of -0.85%. The firm has a 50-day simple moving average (SMA 50) of $62.002 and a 200-day simple moving average (SMA200) of $62.54065.
The stock witnessed a 12.80% gain in the last 1 month and extending the period to 3 months gives it a 8.53%, and is -0.52% 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 1.82% over the week and 2.38% over the month.
Terreno Realty Corp (TRNO) has around 49 employees, a market worth around $6.72B and $382.62M in sales. Current P/E ratio is 35.31 and Fwd P/E is 43.58. Profit margin for the company is 48.01%. Distance from 52-week low is 25.40% and -5.93% from its 52-week high. The company has generated returns on investments over the last 12 months (3.99%).
with sales reaching $106.87M over the same period.The EPS is expected to shrink by -12.51% this year, but quarterly earnings will post 18.28% year-over-year. Quarterly sales are estimated to grow 25.68% in year-over-year returns.
490.0 institutions hold shares in Terreno Realty Corp (TRNO), with institutional investors hold 112.14% of the company’s shares. The shares outstanding are 99.24M, and float is at 97.64M with Short Float at 7.60%. Institutions hold 109.93% 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 POLK DENNIS, the company’s Director. SEC filings show that POLK DENNIS sold 9,703 shares of the company’s common stock on Feb 11 ’25 at a price of $67.20 per share for a total of $0.65 million. Following the sale, the insider now owns 46634.0 shares.
Terreno Realty Corp disclosed in a document filed with the SEC on Aug 09 ’24 that COKE MICHAEL A (PRESIDENT) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $68.53 per share for $0.51 million. Following the transaction, the insider now directly holds 0.4 million shares of the TRNO stock.
Still, SEC filings show that on Aug 09 ’24, Meyer John Tull (EVP) disposed off 6,145 shares at an average price of $68.64 for $0.42 million. The insider now directly holds 110,988 shares of Terreno Realty Corp (TRNO).
