Ultime notizie per Terreno Realty (NYSE:TRNO) Azioni

Terreno Realty

Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.

Terreno Realty Corp

News

Buybacks

TRNO

Terreno Realty Corporation Board Approved Share Repurchase Program Authorizing Repurchase Of Up To 3M Shares

Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.36 by 2.78 percent. The company reported quarterly sales of $99.635 million which beat the analyst consensus estimate of $97.503 million by 2.19 percent. This is a 20.16 percent increase over sales of $82.920 million the same period last year.

Earnings

Earnings Beats

Terreno Realty Q3 2024 GAAP EPS $0.37 Beats $0.36 Estimate, Sales $99.635M Beat $97.503M Estimate

Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Terreno Realty will report an earnings per share (EPS) of $0.61.
The announcement from Terreno Realty is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings Track Record</h3>
During the last quarter, the company reported an EPS beat by $0.07, leading to a 4.1% increase in the share price on the subsequent day.
Here's a look at Terreno Realty's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.54</td>
<td>0.58</td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.61</td>
<td>0.57</td>
<td>0.58</td>
<td>0.57</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>1.0%</td>
<td>6.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<h3>Market Performance of Terreno Realty's Stock</h3>
Shares of Terreno Realty were trading at $60.67 as of November 04. Over the last 52-week period, shares are up 9.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Terreno Realty</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Terreno Realty.
Terreno Realty has received a total of 7 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $68.86, the consensus suggests a potential 13.5% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Stag Industrial, First Industrial Realty and Americold Realty Trust, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Stag Industrial is maintaining an Neutral status according to analysts, with an average 1-year price target of $41.0, indicating a potential 32.42% downside.</li>
<li>Analysts currently favor an Neutral trajectory for First Industrial Realty, with an average 1-year price target of $59.33, suggesting a potential 2.21% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Americold Realty Trust, with an average 1-year price target of $30.29, suggesting a potential 50.07% downside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for Stag Industrial, First Industrial Realty and Americold Realty Trust are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Terreno Realty</td>
<td>Neutral</td>
<td>18.50%</td>
<td>$70.47M</td>
<td>1.03%</td>
</tr>
<tr>
<td>Stag Industrial</td>
<td>Neutral</td>
<td>6.39%</td>
<td>$152.72M</td>
<td>1.26%</td>
</tr>
<tr>
<td>First Industrial Realty</td>
<td>Neutral</td>
<td>8.08%</td>
<td>$122.76M</td>
<td>3.79%</td>
</tr>
<tr>
<td>Americold Realty Trust</td>
<td>Neutral</td>
<td>1.75%</td>
<td>$215.48M</td>
<td>-1.82%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Terreno Realty ranks first in revenue growth among its peers. It ranks last in gross profit. It ranks second in return on equity.
<h3>Delving into Terreno Realty's Background</h3>
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
<h3>Terreno Realty's Financial Performance</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Terreno Realty's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 18.5%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Terreno Realty's net margin is impressive, surpassing industry averages. With a net margin of 37.71%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Terreno Realty's ROE stands out, surpassing industry averages. With an impressive ROE of 1.03%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Terreno Realty's ROA excels beyond industry benchmarks, reaching 0.8%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.22, Terreno Realty adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/TRNO/earnings">To track all earnings releases for Terreno Realty visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: Terreno Realty's Earnings Preview

Barclays analyst Brendan Lynch maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Overweight and lowers the price target from $69 to $68.

Price Target

Analyst Ratings

Barclays Maintains Overweight on Terreno Realty, Lowers Price Target to $68

6 analysts have expressed a variety of opinions on Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Terreno Realty and provided 12-month price targets. The average target is $69.0, accompanied by a high estimate of $75.00 and a low estimate of $62.00. This upward trend is apparent, with the current average reflecting a 9.18% increase from the previous average price target of $63.20.
<img src="https://www.benzinga.com/files/images/story/2024/1729890025_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Terreno Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$67.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Maintains</td>
<td>Underperform</td>
<td>$62.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>-</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$70.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$72.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$68.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Terreno Realty. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Terreno Realty compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Terreno Realty's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Terreno Realty's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TRNO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Terreno Realty analyst ratings.</a>
<h2>About Terreno Realty</h2>
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
<h3>Understanding the Numbers: Terreno Realty's Finances</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Terreno Realty's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 18.5%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 37.71%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Terreno Realty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.03%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Terreno Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: Terreno Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.22.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Terreno Realty Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

Scotiabank analyst Greg McGinniss maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Sector Perform and lowers the price target from $70 to $67.

Scotiabank Maintains Sector Perform on Terreno Realty, Lowers Price Target to $67

In the latest quarter, 5 analysts provided ratings for Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $69.4, a high estimate of $75.00, and a low estimate of $62.00. Observing a 12.85% increase, the current average has risen from the previous average price target of $61.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1725541223_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Terreno Realty among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Maintains</td>
<td>Underperform</td>
<td>$62.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>-</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$70.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$72.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$68.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Terreno Realty. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Terreno Realty compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Terreno Realty's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Terreno Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/TRNO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Terreno Realty analyst ratings.</a>
<h2>All You Need to Know About Terreno Realty</h2>
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
<h3>Terreno Realty: A Financial Overview</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Terreno Realty showcased positive performance, achieving a revenue growth rate of 18.5% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 37.71%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Terreno Realty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.03% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Terreno Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: Terreno Realty's debt-to-equity ratio is below the industry average. With a ratio of 0.22, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 5 Analysts Discuss Terreno Realty Stock

Mizuho analyst Vikram Malhotra downgrades Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) from Neutral to Underperform and maintains the price target from $62 to $62.

Downgrades

Mizuho Downgrades Terreno Realty to Underperform, Maintains Price Target to $62

Wells Fargo analyst Blaine Heck downgrades Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) from Overweight to Equal-Weight and announces $75 price target.

Wells Fargo Downgrades Terreno Realty to Equal-Weight, Announces $75 Price Target

Offerings

Terreno Realty Corp Enters Equity Distribution Agreements With Multiple Sales Agents To Offer And Sell Up To $500M In Common Stock, Including Potential "At The Market" Offerings On NYSE

Scotiabank analyst Greg McGinniss maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Sector Perform and raises the price target from $59 to $70.

Scotiabank Maintains Sector Perform on Terreno Realty, Raises Price Target to $70

Shares of Lamar Advertising (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lamr#NASDAQ">LAMR</a>) have risen 12.6% year to date against its industry&#39;s increase of 3.3%. The company currently carries a Zacks Rank #2 (Buy).
Earlier this month, this real estate investment trust (REIT), headquartered in Baton Rouge, LA, reported second-quarter 2024 adjusted funds from operations (AFFO) per share of $2.08, which beat the Zacks Consensus Estimate of $2.07. The figure also compared favorably with the prior-year quarter&#39;s tally of $1.90. Results reflected year-over-year growth in the top line, driven by the continued strong demand from local and regional advertisers.
Per the company&#39;s chief executive, Sean Reilly, &quot;The revenue gain, combined with continued discipline on expenses, allowed us to produce adjusted EBITDA growth of nearly 7% and diluted AFFO per share growth of 9.5%. Also, we continue to pace at the top end of our previously provided guidance of $7.75 to $7.90 for full year diluted AFFO per share.&quot;
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/61/74767.jpg?v=438511843" />
Image Source: Zacks Investment Research
Let us decipher the factors behind the surge in the stock price and check whether this trend will last or not..
Lamar is one of the largest owners and operators of outdoor advertising structures in the United States. It enjoys an impressive national footprint and holds a leading position as a provider of logo signs in the United States. It enjoys a diversified tenant base, comprising tenants from the services, health care, restaurants, retailers, automotive, insurance and gaming categories.
Lamar also sources a significant part of its revenues from local businesses with a diversified base of tenants. This generally leads to less volatility in revenues. In the second quarter of 2024, local and regional sales accounted for 79% of the company&#39;s billboard revenues. Moreover, local and regional sales reported growth for the 13th consecutive quarter.
Over the recent years, the company has made concerted efforts to upgrade its portfolio, increasing occupancy in its existing advertising displays and enabling it to enjoy a significant market share in the U.S. outdoor advertising business. The company&#39;s increased focus on bolstering its digital capabilities augurs well for long-term growth. Lamar&#39;s digital revenues account for around 30% of its billboard billings.
Given the technological advancements and low-cost nature of out-of-home (OOH) advertising, it has been gaining traction in recent years. Therefore, Lamar&#39;s strategic acquisitions of outdoor advertising assets in its existing and new markets have been fruitful.
It completed 36 acquisitions for a total purchase price of $139 million in 2023 and 73 acquisitions of outdoor advertising assets for $479.8 million in 2024. During the first half of 2024, the company completed multiple acquisitions for a total cash purchase price of around $28.2 million. With such expansion efforts, it is poised to ride the growth curve.
On the balance sheet front, as of Jun 30, 2024, Lamar Advertising had a total liquidity of $744.3 million. Lamar has enjoyed historical cash flow growth of 8.25% compared with 2.57% of the industry. Moreover, this REIT&#39;s trailing 12-month return on equity (ROE) highlights its growth potential. Lamar&#39;s ROE is 42.18% compared with the industry&#39;s average of 3.26%. This reflects that the company reinvests more efficiently compared with the industry.
Solid dividend payouts remain the biggest attraction for REIT investors, and Lamar has been committed to the same. In the last five years, the company has raised its dividend seven times. Its five-year annualized dividend growth rate is 16.50%, which is encouraging. Such efforts raise investors&#39; optimism about the stock.
However, expected choppiness in the national business in the near term and a high interest rate environment raise concerns.
<h3>Other Stocks to Consider</h3>
Some other top-ranked stocks from the REIT sector are Cousins Properties Incorporated and Terreno Realty Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trno#NYSE">TRNO</a>), each carrying a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Cousins Properties&#39; ongoing-year FFO per share has increased marginally over the past month to $2.66.
The Zacks Consensus Estimate for Terreno Realty&#39;s 2024 FFO per share has moved marginally northward in the past month to $2.29.
Note: Anything related to earnings presented in this write-up represents FFO &mdash; a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2324499/lamar-advertising-s-lamr-stock-gains-12-6-ytd-here-s-why?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2324499">To read this article on Zacks.com click here.</a>

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LAMR

Lamar Advertising's Stock Gains 12.6% YTD: Here's Why

Shares of American Tower Corporation have risen 20.6% in the past three months compared with the industry&#39;s growth of 11.5%.
The company is poised well to ride the growth curve with wireless carriers increasing capital expenditure due to rising wireless penetration, accelerated 5G network deployment efforts and spectrum auctions. The long-term leases with its tenants assure stable cash flows. Moreover, its continued efforts toward macro-tower investments are encouraging. A decent financial position also supports its growth endeavors.
Late in July, American Tower reported adjusted funds from operations (AFFO) per share, attributable to AMT common stockholders, of $2.79, which surpassed the Zacks Consensus Estimate of $2.53 and climbed 13.4% year over year. Results reflected better-than-anticipated revenues, aided by revenue growth across its Property segment.
The REIT has also raised its 2024 outlook. It expects AFFO per share in the range of $10.48-$10.72, which indicates a rise at the midpoint of 7.4%. The prior projected range was $10.30-$10.53.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c0/74186.jpg?v=154881313" />
Image Source: Zacks Investment Research
Let us decipher the factors behind the surge in the stock price and check whether this trend will last or not.
The advancement in mobile technology, such as 4G and 5G networks, and the proliferation of bandwidth-intensive applications have driven growth in mobile data usage globally. Also, the rampant usage of network-intensive applications for video conferencing, cloud services and remote-working scenarios has fueled the rise.
Given this backdrop, American Tower&#39;s extensive and geographically diversified communication real estate portfolio is well-poised to gain from the rise in capital spending by wireless carriers on the incremental demand from global 4G and 5G deployment efforts, growing wireless penetration and spectrum auctions.
American Tower has a resilient and stable business model that provides a safe harbor. The company generates most of its revenues from non-cancellable, long-term (typically five to 10 years) tower leases with major wireless carriers with multiple renewal period options. Management expects to generate nearly $57 billion in non-cancellable customer lease revenues in the future.
Moreover, American Tower, which currently carries a Zacks Rank #3 (Hold), has a solid track record of delivering a healthy performance due to the robust demand for its global macro-tower-oriented asset base. It has witnessed strong growth in key financial metrics while continuing platform expansion.
In the second quarter of 2024, the company recorded healthy year-over-year organic tenant billings growth of 5.3% and total tenant billings growth of 6.1%. Also, in the second quarter, revenues from the property segment and adjusted EBITDA increased 4.6% and 8.1% on a year-over-year basis, respectively.
Moreover, American Tower&#39;s focus on macro-tower investment opportunities and gaining scale across global markets has paid off well.&nbsp;
Between 2013 and 2023, American Tower&#39;s revenues from the property segment and adjusted EBITDA witnessed a CAGR of 12.8% and 12.5%, respectively. Amid secular growth trends in the wireless industry, healthy performance is expected to continue in 2024.
On the balance sheet front, AMT exited the second quarter of 2024 with $9.2 billion in total liquidity, and its net leverage ratio was 4.8. With a weighted average remaining debt term of 5.8 years, it has decent financial flexibility.
Solid dividend payouts are arguably the biggest enticements for REIT shareholders, and American Tower remains committed to that. In the last five years, American Tower has increased its dividend 17 times, and the annualized dividend growth rate for this period is 12.74%. This is attractive to income investors and represents a steady income stream.
However, customer concentration and consolidation in the wireless industry are the major concerns in the near term and are likely to weigh on top-line growth.
<h3>Stocks to Consider</h3>
Some better-ranked stocks from the REIT sector are Terreno Realty Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trno#NYSE">TRNO</a>) and Cousins Properties Incorporated (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cuz#NYSE">CUZ</a>), each carrying a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for Terreno Realty&#39;s 2024 FFO per share has moved marginally northward in the past week to $2.29.
The Zacks Consensus Estimate for Cousins Properties&#39; ongoing year&#39;s FFO per share has increased marginally over the past month to $2.66.
Note: Anything related to earnings presented in this write-up represents FFO &mdash; a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2321468/american-tower-amt-up-20-6-in-3-months-will-the-trend-last?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2321468">To read this article on Zacks.com click here.</a>

Management

American Tower Up 20.6% in 3 Months: Will the Trend Last?

Ratings for Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Terreno Realty and provided 12-month price targets. The average target is $66.75, accompanied by a high estimate of $72.00 and a low estimate of $59.00. This current average has increased by 1.91% from the previous average price target of $65.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1723554009_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The perception of Terreno Realty by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$72.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$68.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$68.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$59.00</td>
<td>$66.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Terreno Realty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Terreno Realty compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Terreno Realty's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Terreno Realty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TRNO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Terreno Realty analyst ratings.</a>
<h2>Unveiling the Story Behind Terreno Realty</h2>
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
<h3>Understanding the Numbers: Terreno Realty's Finances</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Terreno Realty displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 18.5%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Terreno Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 37.71% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Terreno Realty's ROE stands out, surpassing industry averages. With an impressive ROE of 1.03%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Terreno Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: Terreno Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.22.
<h2>The Significance of Analyst Ratings Explained</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Terreno Realty's Future

JMP Securities analyst Mitch Germain maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Market Outperform and raises the price target from $65 to $72.

JMP Securities Maintains Market Outperform on Terreno Realty, Raises Price Target to $72

Goldman Sachs analyst Caitlin Burrows maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Neutral and raises the price target from $60 to $68.

Goldman Sachs Maintains Neutral on Terreno Realty, Raises Price Target to $68

Terreno Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending September 30, 2024 of $0.49 per common share, an increase of 8.9% over the prior dividend level. The dividend will be payable on October 11, 2024 to common stockholders of record at the close of business on September 30, 2024.

Terreno Realty Corp Increases Quarterly Dividend From $0.45 To $0.49 Per Share

Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties.
Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.
If you're interested in investing in industrial REITs, here are two you could buy today.
<h2 class="wp-block-heading">Stag Industrial</h2>
Stag Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAG#NYSE">STAG</a>) owns and operates <a href="https://s23.q4cdn.com/763235638/files/doc_presentations/2024/05/STAG-Industrial-Spring-Investor-Presentation-5-7-2024.pdf">570</a> industrial properties in 41 states containing approximately 113 million square feet as of March 31. It counts Amazon and FedEx as two of its largest tenants.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>A new fund backed by Jeff Bezos offers a 7-9% target yield with monthly dividends.<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> Here&#8217;s how you can invest today.</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These<a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail"> high-yield real estate notes that pay 7.5% &#8211; 9%</a> make earning passive income easier than ever.</li>
</ul>
Stag pays a monthly dividend of $0.123333 per share, equating to an annualized dividend of $1.48 per share, which gives its stock a yield of about 4.2% at the time of this writing.&nbsp;
On top of offering a high yield, Stag is a dividend-growth superstar. It has raised its annual dividend every year since its 2011 initial public offering, putting it on pace for 2024 to mark the 13th consecutive year in which it has raised its annual dividend payment.
<h2 class="wp-block-heading">Terreno Realty Corporation</h2>
Terreno Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) owns and manages a portfolio of <a href="https://s23.q4cdn.com/519627146/files/doc_presentations/2024/May/08/2024-Q1.pdf">290</a> industrial properties containing approximately 17.4 million square feet across six major coastal U.S. markets &#8211; Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.
Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share, which gives its stock a yield of about 3.2% at the time of this writing.&nbsp;
Like Stag, Terreno is a dividend-growth superstar. It has raised its dividend every year since paying its first dividend in 2011, putting it on track for 2024 to mark the 13th consecutive year with an increase.
<h2 class="wp-block-heading">Read Next:</h2>
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<li>Private credit offers up to <a href="https://www.benzinga.com/money/percent">20% APY to potential accredited investor</a>s looking to capitalize on this growing asset class.</li>
<li>Miami is expected to take New York's place as the U.S. Financial Capital. <a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital">Here's how you can invest in the city with as little as $500</a> before that happens.</li>
</ul>
Image Credit: Shutterstock

STAG

These High-Yield Industrial REITs Have Long Track Records of Dividend Growth

Barclays analyst Brendan Lynch maintains Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) with a Overweight and lowers the price target from $71 to $68.

Terreno Realty (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trno#NYSE">TRNO</a>) is witnessing healthy demand for its properties. Recently, the company executed a lease for 5.5 acres of improved land in Newark, NJ. This lease with an automobile exporter commenced on May 16, 2024 and is slated for expiry in January 2028. 
The demand for industrial real estate space has been high amid an e-commerce boom, growth in industries and companies making efforts to improve supply-chain efficiencies. Terreno Realty is also experiencing healthy demand for its properties. 
TRNO&#39;s operating portfolio was 96.2% leased to 572 tenants as of Mar 31, 2024. For the company&#39;s improved land portfolio of 45 parcels spanning 152.4 acres, the leased rate was 94.6% as of Mar 31, 2024 compared to 94.6% and 98.9% recorded as of Dec 31, 2023 and Mar 31, 2023, respectively. 
However, TRNO was able to lock in higher rents on new and renewed leases during the quarter. The cash rents on new and renewed leases climbed 47.2%. The tenant retention ratio was 54.7% for the operating portfolio and 82.5% for the improved land portfolio. 
Per a Cushman &amp; Wakefield (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cwk#NYSE">CWK</a>) report, following two years of remarkable growth emerging from the pandemic, the U.S. industrial real estate market continues to cool off. Though tenant demand tapered off in the first quarter, it remains positive. The overall vacancy rate is trending higher as new completions continue to surpass net absorption. 
However, though demand is moderating, it is not significantly plunging. There is new supply in the market, and vacancy rates are rising but at a manageable pace. Similarly, growth in rents is decelerating but remains solidly positive, suggesting a &quot;soft landing&quot;. 
There was healthy new leasing activity throughout the first quarter. With 128.7 million square feet (msf) of transactions completed, quarterly new leasing activity was 3% higher than the 10-year pre-pandemic average from 2010 to 2019. Absorption slowed in the quarter but remained positive, with net absorption coming at 13.8 msf, down from 48 msf in the prior quarter and from the 77 msf recorded a year ago. 
The overall vacancy rate is trending higher as new completions continue to surpass net absorption. The overall vacancy rate climbed an additional 60 basis points (bps) to reach 5.8%, propelled upward for the fifth consecutive quarter by the influx of new speculative supply. Despite being elevated, vacancy remains below its historical average of 7%. There is a moderation in rent growth, and industrial rents grew 6% annually in the first quarter of 2024 compared with 10% in 2023 and 20% in 2022.
<h3>Conclusion</h3>
With a solid operating platform, a robust balance sheet position and strategic expansion moves, TRNO seems well-positioned to capitalize on long-term growth opportunities amid favorable industry fundamentals. 
Nonetheless, the rising supply of industrial real estate, stabilizing e-commerce sales growth, persistent macroeconomic uncertainty and a high interest rate environment pose key concerns for the company. 
Shares of Terreno Realty, currently carrying a Zacks Rank #3 (Hold), have risen 5.5% in the past month compared with the industry&#39;s growth of 7.5%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/ac/67075.jpg?v=2052300687" /> 
Image Source: Zacks Investment Research
<h3>Stocks to Consider</h3>
Some better-ranked stocks from the REIT sector are Rexford Industrial Realty, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rexr#NYSE">REXR</a>) and OUTFRONT Media Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/out#NYSE">OUT</a>), each carrying a Zacks Rank #2 (Buy) at present. 
The Zacks Consensus Estimate for Rexford Industrial Realty&#39;s 2024 FFO per share stands at $2.34, which indicates an increase of 6.85% from the year-ago period&#39;s actual. 
The Zacks Consensus Estimate for OUTFRONT Media&#39;s 2024 FFO per share is pegged at $1.71, which suggests 4.27% year-over-year growth. 
Note: Anything related to earnings presented in this write-up represents FFO &mdash; a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2276236/terreno-trno-leases-newark-property-sees-decent-demand?cid=CS-BENZ-FT-analyst_blog|company_news_-_finance_sector-2276236">To read this article on Zacks.com click here.</a>

REXR

Terreno Leases Newark Property, Sees Decent Demand

Prologis: Despite Temporary Headwinds, Shares Likely To Perform Well Long Term

Scotiabank lowered the firm's price target on Terreno Realty (TRNO) to $67 from $70 and keeps a Sector Perform rating on the shares. The recent $3....

Terreno Realty price target lowered to $67 from $70 at Scotiabank

Barclays analyst Brendan Lynch maintained a Buy rating on Terreno Realty (TRNO – Research Report) today and set a price target of $68.00. The compa...

Terreno Realty (TRNO) Receives a Buy from Barclays

Barclays lowered the firm's price target on Terreno Realty (TRNO) to $68 from $69 and keeps an Overweight rating on the shares as part of a Q3 earn...

Terreno Realty price target lowered to $68 from $69 at Barclays

Terreno Realty (TRNO) Corporatio announced that it has commenced construction of Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida...

Terreno Realty announces development start in Hialeah, FL

Terreno Realty declares $0.49 dividend

JMP Securities analyst Mitchell Germain maintained a Buy rating on Terreno Realty (TRNO – Research Report) today and set a price target of $72.00. ...

Terreno Realty (TRNO) Receives a Buy from JMP Securities

Terreno Realty FFO of $0.62 in-line, revenue of $99.64M beats by $2.12M

Barclays Sticks to Their Buy Rating for Terreno Realty (TRNO)

Scotiabank analyst Greg McGinniss maintained a Hold rating on Terreno Realty (TRNO – Research Report) today and set a price target of $67.00. The c...

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