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TRNO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
64.720
Open
62.990
VWAP
64.02
Vol
2.13M
Mkt Cap
6.80B
Low
62.990
Amount
136.36M
EV/EBITDA(TTM)
38.44
Total Shares
105.72M
EV
7.70B
EV/OCF(TTM)
28.25
P/S(TTM)
13.61
Terreno Realty Corporation acquires, owns and operates industrial real estate in six coastal United States markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle, 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. It targets 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. Infill locations are geographic locations surrounded by high concentrations of already developed land and existing buildings. Its portfolio includes Terreno 3500 West MacArthur Boulevard, Terreno 11100 Hindry Avenue, Terreno 2411 Santa Fe Ave, Terreno 1720 E Garry Ave, Terreno 16009-16019 E Foothill, Terreno 16033-16037 E Foothill, Terreno 3528 Arden, Terreno 20269-20281 Mack, and others.
Show More

Events Timeline

(ET)
2026-06-18
09:30:00
Terreno Realty Acquires Florida Industrial Property for Approximately $56.3M
select
2026-06-17 (ET)
2026-06-17
09:30:00
Terreno Realty Acquires Maryland Industrial Property for Approximately $77.1M
select
2026-06-16 (ET)
2026-06-16
09:30:00
Terreno Realty Acquires Industrial Property in Alexandria for Approximately $13M
select
2026-06-05 (ET)
2026-06-05
09:20:00
Terreno Realty Acquires Industrial Property in San Francisco for Approximately $25.9M
select

News

Newsfilter
8.5
06-18Newsfilter
PinnedTerreno Realty Acquires Florida Industrial Property for $56.3 Million
  • Acquisition Overview: Terreno Realty Corporation acquired an industrial property in Hialeah Gardens, Florida, on June 17, 2026, for approximately $56.3 million, reflecting the company's aggressive expansion strategy in the industrial real estate market.
  • Property Features: The property consists of one industrial distribution building with nine dock-high and six grade-level loading positions, accommodating 596 cars, and is 100% leased to a leading e-commerce firm, ensuring a stable rental income stream.
  • Investment Return Expectations: The estimated stabilized cap rate for the property is 5.0%, calculated by comparing annualized cash basis net operating income to total acquisition costs, indicating the potential profitability of this investment.
  • Market Positioning: Terreno Realty operates in six major coastal U.S. markets, including New York, Los Angeles, and Miami, and this acquisition further strengthens its position in the Florida market, aligning with its long-term growth strategy.
seekingalpha
8.5
06-18seekingalpha
Terreno Realty Acquires Florida Industrial Property for $56.3M
  • Acquisition Overview: Terreno Realty has acquired an industrial property in Hialeah Gardens, Florida, for approximately $56.3 million, which includes a 98,000-square-foot distribution building on 16.8 acres, fully leased to an e-commerce company, highlighting the firm's strategic investment in the rapidly growing e-commerce sector.
  • Return Expectations: The acquisition has an estimated stabilized cap rate of 5%, indicating that the property is expected to provide stable cash flow for Terreno Realty in the future, enhancing the profitability of its portfolio and reflecting confidence in the industrial real estate market.
  • Market Positioning: As a REIT focused on coastal industrial properties, this acquisition further solidifies Terreno Realty's market position in Florida, particularly against the backdrop of booming e-commerce, which is likely to attract more investor interest in its future growth potential.
  • Industry Trend Impact: With the ongoing growth of e-commerce, this acquisition aligns with market trends and may drive similar investments in other regions, thereby enhancing overall asset value and competitive positioning in the market.
seekingalpha
8.5
06-16seekingalpha
Terreno Realty Acquires Industrial Property in Virginia for $13 Million
  • Acquisition Deal: Terreno Realty has acquired an industrial property in Alexandria, Virginia for approximately $13 million, which includes a 50,000 square foot industrial distribution building on 2.8 acres, thereby enhancing its asset portfolio in major coastal U.S. markets.
  • Market Expansion: This acquisition expands Terreno Realty's industrial real estate investments across six major markets, including New York, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., demonstrating the company's ongoing confidence in the industrial real estate sector.
  • Operational Performance: Terreno Realty has seen a sequential increase in occupancy rates at the end of Q1, indicating improved management and operational capabilities of its industrial properties, which lays a solid foundation for future revenue growth.
  • Investment Appeal: According to Seeking Alpha's Quant Rating, Terreno Realty is considered a buy in the coastal industrial REIT sector, reflecting market recognition of its long-term growth potential.
Newsfilter
8.5
06-16Newsfilter
Terreno Realty Acquires Industrial Property in Virginia for $13 Million
  • Acquisition Overview: Terreno Realty Corporation acquired an industrial property in Alexandria, Virginia, on June 15, 2026, for approximately $13 million, marking its expansion in six major coastal U.S. markets.
  • Property Details: The property consists of a 50,000 square foot industrial distribution building on 2.8 acres, featuring eight dock-high and one grade-level loading positions, along with parking for 73 cars, indicating strong logistical capabilities.
  • Leasing Status: The building is currently 77% leased to three tenants, reflecting its market appeal and stable cash flow potential, with an estimated stabilized cap rate of 5.0%.
  • Market Strategy: Operating in six major markets including New York, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington D.C., the acquisition of this property will further strengthen Terreno Realty's position in the industrial real estate sector.
Newsfilter
7.5
06-09Newsfilter
Terreno Realty Executes Early Lease Renewal for 107,000 Square Feet
  • Lease Renewal: Terreno Realty Corporation has executed an early lease renewal for 107,000 square feet in Kent, Washington, with the lease set to commence on May 1, 2027, and expire in July 2032, ensuring long-term revenue stability for the company in the region.
  • Market Coverage: The company operates in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., further solidifying its market presence.
  • Strategic Importance: This lease renewal not only enhances Terreno's footprint in the Kent market but also provides stable cash flow, supporting future investment and expansion plans, particularly against the backdrop of growing demand for industrial real estate.
  • Forward-Looking Statements: The press release includes forward-looking statements based on management's beliefs and assumptions, cautioning investors to be aware of potential risks and uncertainties that could affect actual results.
Newsfilter
7.5
06-08Newsfilter
Terreno Realty Signs Pre-Lease Agreement in New Jersey
  • Pre-Lease Agreement Signed: Terreno Realty Corporation has executed a pre-lease for a 4.6-acre land parcel in Elizabeth, New Jersey, effective November 1, 2026, indicating the company's ongoing expansion in the industrial real estate market.
  • Lease Duration: The lease will commence immediately upon the expiration of the existing tenant's lease and will last until January 2034, ensuring a stable income stream for the next seven years, thereby enhancing the company's financial stability.
  • Market Coverage: Terreno Realty operates industrial real estate in six major coastal U.S. markets, including New York, Los Angeles, and Miami, demonstrating its strong presence and influence in key markets.
  • Forward-Looking Statements: The company cautions that all forward-looking statements are based on management's beliefs and assumptions, urging investors to exercise caution regarding these statements due to potential risks and uncertainties.
Wall Street analysts forecast TRNO stock price to rise
13 Analyst Rating
Wall Street analysts forecast TRNO stock price to rise
9 Buy
3 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
56.00
Averages
69.62
High
80.00
Current: 0.000
sliders
Low
56.00
Averages
69.62
High
80.00
Scotiabank
Outperform
to
NULL
downgrade
$70 -> $68
AI Analysis
2026-06-18
New
Reason
Scotiabank
Price Target
$70 -> $68
AI Analysis
2026-06-18
New
downgrade
Outperform
to
NULL
Reason
Scotiabank lowered the firm's price target on Terreno Realty to $68 from $70 and keeps an Outperform rating on the shares. The firm sees real estate investment trust valuations as less attractive following the strong start to the year. Scotiabank shifted its subsector positioning to reflect its "relative valuation-versus-growth framework." The firm remains most positive on seniors housing and raised its views on self storage and net lease to Overweight from Marketweight. It lowered its subsector views on industrial and shopping centers to Marketweight from Overweight citing relative valuation.
Raymond James
David Rodgers
Underperform
initiated
$64
2026-06-17
New
Reason
Raymond James
David Rodgers
Price Target
$64
2026-06-17
New
initiated
Underperform
Reason
Raymond James analyst David Rodgers initiated coverage of Terreno Realty with an Underperform rating and no price target. The firm cites the company's premium multiple and "slower-than-historical" earnings growth for the Underperform rating. The firm does not expect Terreno's overall growth to substantially outperform the higher end of the peer group. Its fair value estimate is $64 per share.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TRNO
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Valuation Metrics

The current forward P/E ratio for Terreno Realty Corp (TRNO.N) is 80.00, compared to its 5-year average forward P/E of 48.35. For a more detailed relative valuation and DCF analysis to assess Terreno Realty Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
48.35
Current PE
80.00
Overvalued PE
62.06
Undervalued PE
34.63

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
25.80
Current EV/EBITDA
23.30
Overvalued EV/EBITDA
31.47
Undervalued EV/EBITDA
20.14

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
15.42
Current PS
11.86
Overvalued PS
18.39
Undervalued PS
12.46

Financials

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Whales Holding TRNO

O
Osterweis Capital Management, Inc.
Holding
TRNO
+12.67%
3M Return
C
Copeland Capital Management, LLC
Holding
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+10.67%
3M Return
R
Resolution Capital Limited
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+9.12%
3M Return
H
Howland Capital Management LLC
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DigitalBridge Investment Management, LLC
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+7.54%
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Tandem Investment Advisors Inc
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Frequently Asked Questions

What is Terreno Realty Corp (TRNO) stock price today?

The current price of TRNO is 64.35 USD — it has increased 0.77

What is Terreno Realty Corp (TRNO)'s business?

Terreno Realty Corporation acquires, owns and operates industrial real estate in six coastal United States markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle, 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. It targets 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. Infill locations are geographic locations surrounded by high concentrations of already developed land and existing buildings. Its portfolio includes Terreno 3500 West MacArthur Boulevard, Terreno 11100 Hindry Avenue, Terreno 2411 Santa Fe Ave, Terreno 1720 E Garry Ave, Terreno 16009-16019 E Foothill, Terreno 16033-16037 E Foothill, Terreno 3528 Arden, Terreno 20269-20281 Mack, and others.

What is the price predicton of TRNO Stock?

Wall Street analysts forecast TRNO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRNO is69.62 USD with a low forecast of 56.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Terreno Realty Corp (TRNO)'s revenue for the last quarter?

Terreno Realty Corp revenue for the last quarter amounts to 124.44M USD, increased 12.70

What is Terreno Realty Corp (TRNO)'s earnings per share (EPS) for the last quarter?

Terreno Realty Corp. EPS for the last quarter amounts to 0.66 USD, increased 40.43

How many employees does Terreno Realty Corp (TRNO). have?

Terreno Realty Corp (TRNO) has 47 emplpoyees as of June 20 2026.

What is Terreno Realty Corp (TRNO) market cap?

Today TRNO has the market capitalization of 6.80B USD.