Terreno Realty (TRNO) Getting Somewhat Favorable News Coverage, Report Shows

News headlines about Terreno Realty (NYSE:TRNO) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Terreno Realty earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.6230746823326 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s analysis:

Terreno Realty (TRNO) opened at $35.93 on Wednesday. The stock has a market capitalization of $2,041.32, a P/E ratio of 36.33, a price-to-earnings-growth ratio of 3.39 and a beta of 0.79. The company has a quick ratio of 4.87, a current ratio of 4.87 and a debt-to-equity ratio of 0.47. Terreno Realty has a fifty-two week low of $26.30 and a fifty-two week high of $38.54.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be issued a $0.22 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.88 annualized dividend and a yield of 2.45%. Terreno Realty’s payout ratio is currently 114.29%.

TRNO has been the topic of several research analyst reports. Stifel Nicolaus restated a “buy” rating and set a $37.00 target price (up previously from $34.50) on shares of Terreno Realty in a research report on Wednesday, August 9th. BidaskClub upgraded Terreno Realty from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. National Securities upped their target price on Terreno Realty from $33.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, August 21st. KeyCorp restated a “buy” rating on shares of Terreno Realty in a research report on Wednesday, September 6th. Finally, BTIG Research reiterated a “buy” rating and issued a $39.00 price target (up previously from $35.00) on shares of Terreno Realty in a report on Wednesday, September 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $37.50.

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About Terreno Realty

Terreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (DC)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment.

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