David Lee - Terreno Realty Independent Director
| TRNO Stock | USD 66.34 0.17 0.26% |
Director
Mr. David M. Lee is board of director of the company. Mr. Lee is a private investor, and he recently retired as the portfolio manager of the T. Rowe Price Real Estate Fund following a successful 25year career at that firm. Mr. Lee was the T. Rowe Price Real Estate Funds President as well as Chairman of the funds Investment Advisory Committee for more than 21 years. Mr. Lee started his career at T. Rowe Price as an equity analyst in 1993, and in 1997 he proposed the launching of the firms first dedicated real estate mutual fund. He began running the Real Estate Fund upon its inception in October 1997 and became one of the longest tenured real estate fund managers in the industry. Beginning in April 2006 and continuing uninterrupted for more than a decade, the Fund carried the highest qualitative rating from Morningstar Inc., first as an analyst pick and subsequently as a Gold rated fund until the announcement of his retirement in 2018. In 2008, Mr. Lee also launched T. Rowe Prices first Global Real Estate Fund, which he managed for more than six years to a strong track record before transitioning that fund to his successor. Mr. Lee began his career as an engineer for IBM at their semiconductor facility in Burlington, Vermont. Subsequently, he transferred into the IBM Marketing Division and achieved sales success in a competitive territory to become a member of the Hundred Percent Club. He has achieved the Chartered Financial Analyst designation. He is also a member of the Real Estate Advisory Board at Johns Hopkins University Carey School of Business since 2019.
| Age | 58 |
| Tenure | 6 years |
| Professional Marks | MBA |
| Phone | (415) 655-4580 |
| Web | https://www.terreno.com |
David Lee Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Lee against Terreno Realty stock is an integral part of due diligence when investing in Terreno Realty. David Lee insider activity provides valuable insight into whether Terreno Realty is net buyers or sellers over its current business cycle. Note, Terreno Realty insiders must abide by specific rules, including filing SEC forms every time they buy or sell Terreno Realty'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Lee over two weeks ago Acquisition by David Lee of 7205 shares of WEBTOON Entertainment at 9.0 subject to Rule 16b-3 | ||
David Lee over three weeks ago Disposition of 20 shares by David Lee of TRI Pointe at 30.79 subject to Rule 16b-3 | ||
David Lee over a month ago Disposition of 2122 shares by David Lee of WEBTOON Entertainment at 12.75 subject to Rule 16b-3 | ||
David Lee over a month ago Acquisition by David Lee of 25019 shares of TRI Pointe subject to Rule 16b-3 |
Terreno Realty Management Efficiency
The company has return on total asset (ROA) of 0.0213 % which means that it generated a profit of $0.0213 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0561 %, meaning that it created $0.0561 on every $100 dollars invested by stockholders. Terreno Realty's management efficiency ratios could be used to measure how well Terreno Realty manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Philip Cottone | Plymouth Industrial REIT | 85 | |
| Shelby Trusty | EastGroup Properties | N/A | |
| John Rau | First Industrial Realty | 72 | |
| Robert Antin | Rexford Industrial Realty | 70 | |
| Mary McCormick | EastGroup Properties | 62 | |
| Hugh Bailey | EastGroup Properties | 80 | |
| Sara Klein | LXP Industrial Trust | N/A | |
| Hayden Eaves | EastGroup Properties | 74 | |
| Martin Barber | Plymouth Industrial REIT | 75 | |
| Richard Deagazio | Plymouth Industrial REIT | 75 | |
| Leonard Sharpe | First Industrial Realty | 72 | |
| Denise Olsen | First Industrial Realty | 55 | |
| Peter Schwab | Rexford Industrial Realty | 77 | |
| Donald Colleran | EastGroup Properties | 65 | |
| David Gaw | Plymouth Industrial REIT | 68 | |
| Tyler Rose | Rexford Industrial Realty | 59 | |
| Diana Ingram | Rexford Industrial Realty | 62 | |
| Marcus Smith | First Industrial Realty | 54 | |
Management Performance
| Return On Equity | 0.0561 | ||||
| Return On Asset | 0.0213 |
Terreno Realty Leadership Team
Elected by the shareholders, the Terreno Realty's board of directors comprises two types of representatives: Terreno Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Terreno. The board's role is to monitor Terreno Realty's management team and ensure that shareholders' interests are well served. Terreno Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Terreno Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dennis Polk, Independent Director | ||
| LeRoy Carlson, Independent Director | ||
| Michael CPA, President CoFounder | ||
| Linda Assante, Independent Director | ||
| John Meyer, Executive Vice President | ||
| Blake Baird, Chairman, CEO, Secretary and Member of Investment Committee | ||
| Douglas Pasquale, Lead Independent Director | ||
| Jaime Cannon, Chief Financial Officer, Executive Vice President, Company Secretary | ||
| Gabriela Parcella, Independent Director | ||
| Jaime CPA, CFO, VP | ||
| Michael Coke, President, Co-Founder, Director | ||
| W Baird, Chairman of the Board, Chief Executive Officer, Co-Founder | ||
| David Lee, Independent Director | ||
| Melinda Weston, Chief Officer | ||
| Andrew Burke, Executive Vice President |
Terreno Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Terreno Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0561 | ||||
| Return On Asset | 0.0213 | ||||
| Profit Margin | 0.48 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 7.49 B | ||||
| Shares Outstanding | 99.28 M | ||||
| Shares Owned By Insiders | 1.96 % | ||||
| Shares Owned By Institutions | 98.04 % | ||||
| Number Of Shares Shorted | 5.93 M | ||||
| Price To Earning | 50.55 X |
Pair Trading with Terreno Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Terreno Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Terreno Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Terreno Stock
| 0.96 | FR | First Industrial Realty Sell-off Trend | PairCorr |
| 0.94 | EGP | EastGroup Properties | PairCorr |
| 0.69 | EXR | Extra Space Storage | PairCorr |
| 0.74 | LXP | LXP Industrial Trust Sell-off Trend | PairCorr |
Moving against Terreno Stock
The ability to find closely correlated positions to Terreno Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terreno Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Terreno Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Terreno Realty to buy it.
The correlation of Terreno Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Terreno Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terreno Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Terreno Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Terreno Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Terreno Stock, please use our How to Invest in Terreno Realty guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Real Estate space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Terreno Realty. If investors know Terreno will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Terreno Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Terreno Realty is measured differently than its book value, which is the value of Terreno that is recorded on the company's balance sheet. Investors also form their own opinion of Terreno Realty's value that differs from its market value or its book value, called intrinsic value, which is Terreno Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Terreno Realty's market value can be influenced by many factors that don't directly affect Terreno Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Terreno Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Terreno Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Terreno Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.