Terreno Realty Corporation
TRNO
NYSE·Real Estate·REIT - Industrial·Mkt cap $7.0B
$65.80
▲ +0.09%
P/E
17.69
Mkt Cap
$7.0B
52-Wk Range
$55.92–$78.94
52-Week Range
$55.92 - $78.94
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 15.3% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Strategic coastal market positioning in high-growth logistics corridors
- Internally managed structure reducing operating costs and improving capital efficiency
- Diversified portfolio across six major metropolitan areas reducing concentration risk
- REIT tax structure enabling tax-efficient capital returns to shareholders
Bear Case
2 risks
- Average volatility.
- Premium valuation to Industrial REITs peers
Growth
Stable outlook
E-commerce expansion driving demand for last-mile industrial logistics facilities
Value
Premium valuation to Industrial REITs peers
Momentum
Stable
+2.6% over 3m
Quality
Excellent
Excellent business quality
Dividend
Solid
3.16% yield
Smart-money signal
Who's buying TRNO right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 4, 2026
AUG 5, 2026
Reported EPS of $0.54 vs $0.41 consensus (+31.7% surprise). Revenue of $124.7M vs $127.1M expected (-1.9%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+31.7%
Revenue trend · last 8Q
—
+20%
+30%
+19%
+17%
+33%
+13%
+11%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$99.6M
$103.7M
$110.4M
$112.2M
$116.2M
$137.5M
$124.4M
$124.7M
Margins · last 8Q
Gross
0.0%
Operating
0.0%
Profit
46.2%
Wall Street consensus
7 analysts · 71% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
71%
Hold
14%
Sell
14%
Median Price Target
—
Latest: Scotiabank · Aug 12, 2026
vs Industry
How TRNO stacks vs REIT - Industrial
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
Related