Michael Coke Sells 8,000 Shares of Terreno Realty (NYSE:TRNO) Stock

Terreno Realty Corporation (NYSE:TRNO) President Michael Coke sold 8,000 shares of Terreno Realty stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $68.38, for a total value of $547,040.00. Following the completion of the transaction, the president directly owned 425,381 shares of the company’s stock, valued at approximately $29,087,552.78. This trade represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Terreno Realty Price Performance

Shares of NYSE:TRNO opened at $68.36 on Wednesday. The company has a market capitalization of $7.45 billion, a price-to-earnings ratio of 18.33 and a beta of 1.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.43 and a quick ratio of 0.43. The business’s 50-day moving average is $68.52 and its 200-day moving average is $65.82. Terreno Realty Corporation has a 1 year low of $53.10 and a 1 year high of $78.94.

Terreno Realty (NYSE:TRNO) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.54 EPS for the quarter, topping the consensus estimate of $0.41 by $0.13. The business had revenue of $124.71 million during the quarter, compared to analysts’ expectations of $127.15 million. Terreno Realty had a return on equity of 9.21% and a net margin of 77.22%. Equities research analysts predict that Terreno Realty Corporation will post 2.82 earnings per share for the current year.

Terreno Realty Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 30th. This is a positive change from Terreno Realty’s previous quarterly dividend of $0.52. Terreno Realty’s dividend payout ratio (DPR) is currently 55.76%.

Hedge Funds Weigh In On Terreno Realty

Institutional investors have recently modified their holdings of the company. Allworth Financial LP acquired a new stake in Terreno Realty in the 2nd quarter valued at $659,000. NFJ Investment Group LLC bought a new stake in Terreno Realty during the 2nd quarter valued at $5,271,000. Fairtree Asset Management Pty Ltd acquired a new position in Terreno Realty during the second quarter worth $1,216,000. Vise Technologies Inc. acquired a new position in Terreno Realty during the second quarter worth $531,000. Finally, NewEdge Wealth LLC bought a new position in shares of Terreno Realty in the second quarter valued at $272,000.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TRNO. Barclays boosted their target price on shares of Terreno Realty from $60.00 to $69.00 and gave the company an “equal weight” rating in a research report on Thursday, July 16th. UBS Group set a $68.00 price target on shares of Terreno Realty in a report on Thursday, June 18th. Raymond James Financial assumed coverage on shares of Terreno Realty in a research note on Wednesday, June 17th. They issued an “underperform” rating for the company. Scotiabank dropped their price objective on shares of Terreno Realty from $70.00 to $68.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Finally, KeyCorp reissued an “overweight” rating on shares of Terreno Realty in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $71.93.

Terreno Realty News Roundup

Here are the key news stories impacting Terreno Realty this week:

• Positive Sentiment: Expansion with immediate occupancy: Terreno acquired a Torrance, California, industrial property for $14.7 million and executed a lease covering 100% of the building beginning in December 2026. The transaction should add rental income while limiting near-term vacancy risk. Terreno Realty Torrance acquisition
• Positive Sentiment: Dividend increased: Terreno announced a quarterly dividend of $0.57 per share, up from $0.52. The new annualized payout of $2.28 represents a yield of approximately 3.3%, potentially supporting demand among income-focused investors.
• Positive Sentiment: Higher valuation target: Citigroup raised its price target from $70 to $73 while maintaining a neutral rating, implying roughly 6.8% upside from the referenced share price. The broader analyst consensus remains “Moderate Buy,” with an average target of $71.93. Citigroup raises Terreno Realty price target
• Neutral Sentiment: Recent earnings were better than expected: Terreno reported quarterly EPS of $0.54, exceeding the $0.41 consensus estimate, although revenue of $124.71 million fell short of the $127.15 million forecast. Analysts project full-year EPS of $2.82.
• Negative Sentiment: Executive selling: President Michael Coke sold 8,000 shares for approximately $547,040, reducing his stake by 1.85%. EVP John Tull Meyer separately sold 4,447 shares for about $305,242, cutting his position by 3.26%. Both executives continue to hold sizable positions, but the back-to-back sales could create modest investor concern. Terreno Realty executive stock sale filing

Terreno Realty Company Profile

Terreno Realty Corporation (NYSE: TRNO) is a real estate investment trust specializing in the acquisition, ownership and operation of industrial properties in key coastal markets across the United States. The company’s portfolio primarily consists of bulk distribution, warehouse and light-industrial assets that serve a diverse tenant base, including third-party logistics providers, e-commerce companies and manufacturers. Terreno aims to generate stable rental income while pursuing long-term capital appreciation through targeted investment and active asset management.

Terreno focuses on eight major coastal regions, emphasizing markets with strong supply-and-demand fundamentals and barriers to new development.