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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
69.470
Open
68.860
VWAP
68.90
Vol
861.82K
Mkt Cap
7.27B
Low
68.450
Amount
59.38M
EV/EBITDA(TTM)
40.59
Total Shares
105.72M
EV
8.13B
EV/OCF(TTM)
29.83
P/S(TTM)
14.47
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)
2026-07-02
09:30:00
Terreno Realty Signs Lease for 68,000 Square Feet in Florida
select
2026-07-01 (ET)
2026-07-01
09:30:00
Terreno Realty Signs New Leases Totaling 233,000 Square Feet in Florida
select
2026-06-30 (ET)
2026-06-30
09:30:00
Terreno Realty Signs 94,000 Sq Ft Lease in California
select
2026-06-25 (ET)
2026-06-25
09:30:00
Terreno Realty Executes Early Lease Renewal for 102,000 Sq Ft
select
2026-06-23 (ET)
2026-06-23
09:30:00
Terreno Realty Signs 92,000 Sq Ft Lease in New Jersey
select
2026-06-18 (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

News

Newsfilter
8.5
07-02Newsfilter
Terreno Realty Corporation Signs New Lease in Doral, Florida
  • New Lease Signed: Terreno Realty Corporation has executed a lease for 68,000 square feet in Doral, Florida, commencing on June 30, 2026, and expiring in July 2037, indicating the company's ongoing expansion in the industrial real estate market.
  • Expansion Lease Secured: An additional lease with an adjacent tenant for 10,000 square feet brings the 194,000 square foot building acquired in September 2025 to 100% leased, further solidifying the company's market position.
  • Market Coverage: Terreno Realty operates in six major coastal U.S. markets, including New York, Los Angeles, and Miami, showcasing its strong presence in key industrial real estate markets.
  • Forward-Looking Statements: The company cautions that forward-looking statements are based on management's beliefs and assumptions, urging investors to be cautious as these may be influenced by various risks and uncertainties.
Newsfilter
7.5
07-01Newsfilter
Terreno Realty Executes New Leases Totaling 233,000 Square Feet
  • New Lease Execution: Terreno Realty Corporation has signed new and renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida, indicating the company's active engagement and expansion intentions in the industrial real estate market.
  • Lease Structure Adjustment: To accommodate the new leases, Terreno executed an early termination of a lease set to expire in 2027, involving 83,000 square feet, demonstrating the company's ability to adapt to changing market demands.
  • Tenant Transition: A turbine engine disassembly, repair, and logistics provider will relocate from 106,000 square feet to 83,000 square feet, with the lease commencing August 1, 2026, and expiring March 2035, reflecting the company's attractiveness to quality tenants.
  • Full Leasing Status: Following the commencement of the new leases, Buildings 26 and 28 at Countyline Corporate Park will be 100% leased, further solidifying Terreno's market position and revenue stability in key coastal markets.
Newsfilter
7.5
06-30Newsfilter
Terreno Realty Corporation Signs New Lease Agreement
  • New Lease Agreement: Terreno Realty Corporation has signed a lease for 94,000 square feet in Union City, California, with an IT infrastructure, cloud, and security solutions provider, commencing on September 1, 2026, and expiring in October 2033, indicating the company's ongoing expansion in the industrial real estate market.
  • Early Termination Compensation: To facilitate the new lease, Terreno Realty terminated an existing lease effective August 31, 2026, which was set to expire in July 2031, and received approximately $2 million in early termination compensation from the prior tenant, providing additional cash inflow for the company.
  • Market Coverage: Terreno Realty 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 position in the industrial real estate sector.
  • Forward-Looking Statements: The press release includes forward-looking statements based on management's beliefs and assumptions, cautioning investors that actual results may vary due to various risks and uncertainties, emphasizing the need for careful consideration of these statements.
Newsfilter
8.5
06-25Newsfilter
Terreno Realty Executes Early Lease Renewal for 102,000 Square Feet
  • Lease Renewal: Terreno Realty has executed an early lease renewal for 102,000 square feet in Hayward, California, with a moving and storage operator, commencing on December 1, 2026, and expiring in January 2032, thereby ensuring long-term revenue stability 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., enhancing its competitive position and asset diversification.
  • Strategic Implications: This early lease renewal not only solidifies Terreno's presence in the Hayward market but also lays the groundwork for future rent increases and asset appreciation, reflecting the company's confidence in the region's economic outlook.
  • Forward-Looking Statements: The press release includes forward-looking statements based on management's beliefs and assumptions, cautioning investors to be aware that actual results may vary due to various risks and uncertainties.
Newsfilter
7.5
06-23Newsfilter
Terreno Realty Corporation Signs New Lease Agreement
  • Lease Agreement: Terreno Realty Corporation has executed a lease for 92,000 square feet in Kearny, New Jersey, set to commence on June 30, 2026, and expire in December 2031, which will enhance its operational capacity in the industrial real estate market.
  • Market Coverage: The company operates in six major coastal U.S. markets, including New York City, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., further solidifying its market position.
  • Logistics Partnership: The lease with a third-party logistics provider indicates Terreno Realty's strategic positioning to meet the growing logistics demand, which is expected to drive future revenue growth.
  • 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 market risks and uncertainties.
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.
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
Reason
Scotiabank
Price Target
$70 -> $68
AI Analysis
2026-06-18
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
Reason
Raymond James
David Rodgers
Price Target
$64
2026-06-17
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 48.44. 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
48.44
Current PE
80.00
Overvalued PE
62.34
Undervalued PE
34.54

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
25.70
Current EV/EBITDA
24.47
Overvalued EV/EBITDA
31.30
Undervalued EV/EBITDA
20.11

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
15.35
Current PS
12.54
Overvalued PS
18.28
Undervalued PS
12.41

Financials

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Whales Holding TRNO

C
Copeland Capital Management, LLC
Holding
TRNO
+6.17%
3M Return

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Frequently Asked Questions

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

The current price of TRNO is 68.77 USD — it has increased 0.56

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 July 08 2026.

What is Terreno Realty Corp (TRNO) market cap?

Today TRNO has the market capitalization of 7.27B USD.