Stock Price & Analysis

Buy TRNO as it is trading near its Fibonacci pivot level of 67.86 with improving analyst sentiment and positive MACD crossover. The stock is currently priced at 67.03, offering a potential buying opportunity.

Price Prediction for TRNO Stock in 2025

Based on current trends and analysis, TRNO stock is expected to reach $68-$70 in 2025.

• The stock is supported by strong Q4 FFO results and revenue growth, with a positive outlook from analysts.
• Fibonacci resistance levels and recent earnings momentum suggest short-term upside potential.

The S1 support level for TRNO Stock is $65.56 ,The R1 resistant level for TRNO Stock is $68.8.

As of the end of day on 2025-03-14, the price of TRNO Stock was $66.36.

The target price for TRNO Stock according to analyst rating is 69.54, with the highest price target at 78.00 and the lowest at 60.00. Analysts have a Moderate Buy rating on TRNO Stock overall.

The market cap of TRNO is $6.6B.

Analysis and Insights

To determine whether TRNO is overvalued, we analyze its valuation metrics, recent performance, and analyst sentiment.

Valuation Metrics:

TRNO's current valuation metrics suggest a premium relative to its peers:

• P/E Ratio: 34.59 (trailing-12-months)
• EV/EBITDA: 47.51
• P/S Ratio: 16.89
• P/B Ratio: 1.83
• Dividend Yield: 2.5%

These metrics indicate a higher valuation compared to industry averages, suggesting potential overvaluation.

Analyst Sentiment:

Recent analyst ratings show mixed sentiment:

• Goldman Sachs upgraded TRNO to Buy with a $77 price target, citing strong fundamentals and growth prospects.
• Barclays downgraded TRNO to Hold, citing valuation concerns.
• The average analyst price target is $66.92, representing a -0.59% downside from the current price.

Market Performance:

TRNO's stock has shown a one-year high of $71.63 and a low of $53.78, with an average trading volume of 1.29 million shares.

Conclusion:

Based on the high valuation metrics and mixed analyst sentiment, TRNO appears overvalued. While the company has strong fundamentals, the current price may already reflect future growth expectations, leaving limited upside potential.

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.

TRNO stock is predicted to reach $85-$95 by 2030, driven by strong FFO performance, revenue growth, and favorable industrial real estate trends.

TRNO has a total of 42 employees.