Terreno Realty Corporation

TRNO

US88146M1018

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-25 pm EDT			5-day change	1st Jan Change
54.43 ^USD	-1.59%		-0.58%	-13.15%

Apr. 16	Terreno Realty Buys Industrial Property in Virginia for $84.3 Million	MT
Apr. 16	Terreno Realty Corporation Acquires Property in Alexandria, VA for $84.3 million	CI

Terreno Realty Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

August 03, 2022 at 04:01 pm EDT

Terreno Realty Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 65.37 million compared to USD 53.3 million a year ago. Revenue was USD 65.37 million compared to USD 53.3 million a year ago. Net income was USD 97.03 million compared to USD 17.38 million a year ago. Basic earnings per share from continuing operations was USD 1.28 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 0.25 a year ago.
For the six months, sales was USD 129.4 million compared to USD 103.99 million a year ago. Revenue was USD 129.4 million compared to USD 103.99 million a year ago. Net income was USD 116.7 million compared to USD 33.64 million a year ago. Basic earnings per share from continuing operations was USD 1.55 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 1.54 compared to USD 0.48 a year ago.

Latest news about Terreno Realty Corporation

Terreno Realty Buys Industrial Property in Virginia for $84.3 Million	Apr. 16	MT
Terreno Realty Corporation Acquires Property in Alexandria, VA for $84.3 million	Apr. 16	CI
Terreno Realty Corporation acquired Industrial property in Alexandria, Virginia for $84.3 million.	Apr. 15	CI
Terreno Realty Starts Construction of Countyline Corporate Park Phase IV in Florida	Apr. 12	MT
Terreno Realty Corporation Announces Development Start in Hialeah, FL	Apr. 12	CI
Terreno Realty Reports Decrease in Q1 Occupancy	Apr. 09	MT
Tranche Update on Terreno Realty Corporation's Equity Buyback Plan announced on August 5, 2015.	Apr. 09	CI
Mizuho Securities Adjusts Price Target on Terreno Realty to $62 From $52, Maintains Neutral Rating	Apr. 02	MT
Terreno Realty Sells Industrial Property in Seattle for $11 Million	Apr. 01	MT
An undisclosed buyer acquired Industrial property of Terreno Realty Corporation for approximately $11.0 million.	Mar. 31	CI
Barclays Initiates Terreno Realty With Overweight Rating, $71 Price Target	Mar. 27	MT
Terreno Realty Prices 5.5 Million Share Public Offering	Mar. 26	MT
Terreno Realty Starts Offering of 5 Million Shares	Mar. 25	MT
Terreno Realty Acquires Industrial Property in New York for $12 Million	Mar. 25	MT
Terreno Realty Corporation Acquires an Industrial Property Located in East Williamsburg, Brooklyn, New York for $12.0 Million	Mar. 25	CI
Terreno Realty Corporation acquired 181 Lombardy Street for $12 million.	Mar. 24	CI
Terreno Realty Corporation signed purchase and sale agreement to acquire Portfolio of industrial properties located in New York, Northern New Jersey, San Francisco Bay Area for $360 million.	Mar. 24	CI
Terreno Realty Corporation acquired Industrial property located in East Williamsburg on for approximately $12 million.	Mar. 24	CI
Piper Sandler Raises Price Target on Terreno Realty to $73 From $70, Maintains Overweight Rating	Mar. 22	MT
Terreno Realty Starts Construction of Countyline Corporate Park Phase IV Buildings in Florida	Feb. 26	MT
Terreno Realty Corporation Commences Construction of Countyline Corporate Park Phase IV Buildings 32 and 33 in Hialeah, Florida	Feb. 26	CI
Terreno Realty Corporation Declares Quarterly Dividend, Payable on April 5, 2024	Feb. 07	CI
Terreno Realty Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 07	CI
Terreno Realty Pre-Leases Renovated Industrial Building Near Miami to Existing Tenant	Jan. 24	MT
Terreno Realty Corporation Announces Lease in Hialeah, FL	Jan. 24	CI

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Company Profile

Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major 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. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), trans-shipment and improved land. It also focuses on functional properties in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates. The Company owns approximately 260 buildings aggregating approximately 16.0 million square feet, over 46 improved land parcels consisting of approximately 153.1 acres and seven properties under development or redevelopment and approximately 62.7 acres of land entitled for forthcoming development.

Sector

Commercial REITs

Calendar

2024-05-07 - Annual General Meeting

Related indices

Russell 2000

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Ratings for Terreno Realty Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

55.31 USD

Average target price

70 USD

Spread / Average Target

+26.56%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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