
TRNO
Terreno Realty Corp
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
54.700
Open
54.150
VWAP
54.26
Vol
368.22K
Mkt Cap
5.58B
Low
53.910
Amount
19.98M
EV/EBITDA(TTM)
37.44
Total Shares
103.30M
EV
6.19B
EV/OCF(TTM)
25.44
P/S(TTM)
12.72
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 16025-16037 E Foothill, Terreno 3528 Arden, Terreno 20269 - 20281 Mack, and others.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q1
FY2025Q4
FY2025Q3
120.31M
+8.96%
--
--
116.50M
+12.33%
--
--
113.84M
+14.26%
--
--
Estimates Revision
The market is revising Upward the revenue expectations for Terreno Realty Corporation (TRNO) for FY2025, with the revenue forecasts being adjusted by 0.26% over the past three months. During the same period, the stock price has changed by -8.07%.
Revenue Estimates for FY2025
Revise Upward

+0.26%
In Past 3 Month
Stock Price
Go Down

-8.07%
In Past 3 Month
10 Analyst Rating

15.21% Upside
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 is 62.33 USD with a low forecast of 53.00 USD and a high forecast of 72.00 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.
3 Buy
6 Hold
1 Sell
Hold

15.21% Upside
Current: 54.100

Low
53.00
Averages
62.33
High
72.00

15.21% Upside
Current: 54.100

Low
53.00
Averages
62.33
High
72.00
Goldman Sachs
Caitlin Burrows
Buy
downgrade
$68 -> $64
2025-08-12
New
Reason
Goldman Sachs
Caitlin Burrows
Price Target
$68 -> $64
2025-08-12
New
downgrade
Buy
Reason
Goldman Sachs analyst Caitlin Burrows lowered the firm's price target on Terreno Realty to $64 from $68 and keeps a Buy rating on the shares. The firm is updating its model after the REIT's Q2 results and leasing spread assumptions going higher, the analyst tells investors in a research note. Development stabilization for specific projects are also pushed out with revised yields, the firm added.
Wells Fargo
Blaine Heck
Equal Weight
maintain
$54 -> $72
2025-07-13
Reason
Wells Fargo
Blaine Heck
Price Target
$54 -> $72
2025-07-13
maintain
Equal Weight
Reason
Wells Fargo analyst Blaine Heck raised the firm's price target on Terreno Realty to $72 from $54 and keeps an Equal Weight rating on the shares. The firm adjusted price targets in the industrial and cold storage real estate investment trust group as a part of a Q2 preview. It believes conservative initial outlooks and Q1 beats should "insulate" the REITs from negative estimate revisions, but says the length of leasing softness will be key for investors.
Barclays
Equal Weight
maintain
$57 -> $56
2025-05-27
Reason
Barclays
Price Target
$57 -> $56
2025-05-27
maintain
Equal Weight
Reason
Barclays lowered the firm's price target on Terreno Realty to $56 from $57 and keeps an Equal Weight rating on the shares. Despite some tariff relief, Barclays remain cautious on consumer demand and its implications for industrial real estate investment trust leasing, the analyst tells investors in a research note.
Baird
Nicholas Thillman
Neutral
downgrade
$67 -> $61
2025-05-12
Reason
Baird
Nicholas Thillman
Price Target
$67 -> $61
2025-05-12
downgrade
Neutral
Reason
Baird analyst Nicholas Thillman lowered the firm's price target on Terreno Realty to $61 from $67 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results.
Scotiabank
Nicholas Yulico
Sector Perform
maintain
$57 -> $61
2025-05-12
Reason
Scotiabank
Nicholas Yulico
Price Target
$57 -> $61
2025-05-12
maintain
Sector Perform
Reason
Scotiabank analyst Nicholas Yulico raised the firm's price target on Terreno Realty to $61 from $57 and keeps a Sector Perform rating on the shares. The firm is adjusting its estimates on U.S. Real Estate & REITs in its coverage following Q1 results, the analyst tells investors. Quarterly results contained some negative surprises, but generally played out as expected, with most companies maintaining FY25 guidance, the firm notes. Real estate fundamentals tend to lag, so many are looking to see the potential impact of the slowing economy on H2 2025 results, the firm adds.
Piper Sandler
Alexander Goldfarb
Hold
Maintains
$61 → $60
2025-04-15
Reason
Piper Sandler
Alexander Goldfarb
Price Target
$61 → $60
2025-04-15
Maintains
Hold
Reason
Piper Sandler lowered the firm's price target on Terreno Realty to $60 from $61 and keeps a Neutral rating on the shares. Ahead of Q1 2025 earnings, the firm is adjusting estimates for recent company announcements and assumption revisions. Piper is making a preemptive reduction to EastGroup, as it believes rent growth will moderate as tenants contemplate the impact of tariffs, with managements likely focusing on occupancy.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Terreno Realty Corp (TRNO.N) is 35.47, compared to its 5-year average forward P/E of 48.84. 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.

Undervalued
5Y Average PE
48.84
Current PE
35.47
Overvalued PE
60.56
Undervalued PE
37.13
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.

Undervalued
5Y Average EV/EBITDA
28.23
Current EV/EBITDA
19.28
Overvalued EV/EBITDA
33.18
Undervalued EV/EBITDA
23.29
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.

Undervalued
5Y Average PS
16.68
Current PS
11.54
Overvalued PS
19.53
Undervalued PS
13.83
Financials
Annual
Quarterly
FY2025Q2
YoY :
+19.08%
112.23M
Total Revenue
FY2025Q2
YoY :
+19.05%
43.95M
Operating Profit
FY2025Q2
YoY :
+161.30%
93.27M
Net Income after Tax
FY2025Q2
YoY :
+143.24%
0.90
EPS - Diluted
FY2025Q2
YoY :
+129.33%
36.85M
Free Cash Flow
FY2025Q2
YoY :
+0.47%
75.13
Gross Profit Margin - %
FY2025Q2
YoY :
-956.90%
20.48
FCF Margin - %
FY2025Q2
YoY :
+119.46%
83.11
Net Margin - %
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
652.0K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 891.74% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
3.9K
Volume
2
6-9
Months
584.5K
Volume
3
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
3
589.2K
Volume
Months
6-9
2
59.4K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
652.0K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
TRNO News & Events
Events Timeline
2025-08-13 (ET)
2025-08-13
09:25:01
Terreno Realty acquires industrial portfolio in Washington for $232.6M

2025-08-11 (ET)
2025-08-11
09:17:52
Terreno Realty acquires industrial property in California for $35.5M

2025-08-08 (ET)
2025-08-08
09:17:30
Terreno Realty sells industrial property located in California for $11M

Sign Up For More Events
Sign Up For More Events
News
8.5
13:15 PMYahoo FinancePinnedTerreno Realty Corporation Acquires Portfolio in Woodinville, WA for $232.6 Million
8.5
08-11NASDAQ.COMPinnedTerreno Realty Acquires $35.5 Mln Industrial Property In Redondo Beach
8.5
08-11NewsfilterPinnedTerreno Realty Corporation Acquires Property in Redondo Beach, CA for $35.5 Million
Sign Up For More News
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FAQ

What is Terreno Realty Corp (TRNO) stock price today?
The current price of TRNO is 54.1 USD — it has increased 0.2 % in the last trading day.

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

What is the price predicton of TRNO Stock?

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

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

What changes have occurred in the market's expectations for Terreno Realty Corp (TRNO)'s fundamentals?

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