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Terreno Realty Corporation (TRNO)

Upturn stock ratingUpturn stock rating
$54.13
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/14/2025: TRNO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

18 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $62.75

1 Year Target Price $62.75

Analysts Price Target For last 52 week
$62.75 Target price
52w Low $47.76
Current$54.13
52w High $69.41

Analysis of Past Performance

Type Stock
Historic Profit -2.72%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.60B USD
Price to earnings Ratio 21.42
1Y Target Price 62.75
Price to earnings Ratio 21.42
1Y Target Price 62.75
Volume (30-day avg) 18
Beta 1.04
52 Weeks Range 47.76 - 69.41
Updated Date 08/15/2025
52 Weeks Range 47.76 - 69.41
Updated Date 08/15/2025
Dividends yield (FY) 3.62%
Basic EPS (TTM) 2.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-12
When -
Estimate 0.3867
Actual 0.9

Profitability

Profit Margin 59.66%
Operating Margin (TTM) 38.96%

Management Effectiveness

Return on Assets (TTM) 2.19%
Return on Equity (TTM) 6.88%

Valuation

Trailing PE 21.42
Forward PE 79.37
Enterprise Value 6211931216
Price to Sales(TTM) 13.14
Enterprise Value 6211931216
Price to Sales(TTM) 13.14
Enterprise Value to Revenue 14.58
Enterprise Value to EBITDA 16.17
Shares Outstanding 103302000
Shares Floating 101199404
Shares Outstanding 103302000
Shares Floating 101199404
Percent Insiders 1.99
Percent Institutions 109.05

ai summary icon Upturn AI SWOT

Terreno Realty Corporation

stock logo

Company Overview

overview logo History and Background

Terreno Realty Corporation was founded in 2009. It focuses on acquiring, owning, and operating industrial properties in major U.S. markets.

business area logo Core Business Areas

  • Industrial Property Ownership: Acquisition, ownership, and management of industrial properties such as distribution centers, warehouses, and light industrial facilities. Focus on infill locations in major coastal markets.

leadership logo Leadership and Structure

Blake Baird is the Chairman and CEO. The company operates with a standard corporate structure, including a board of directors and executive management team overseeing various departments.

Top Products and Market Share

overview logo Key Offerings

  • Industrial Real Estate: Leasing of industrial properties to tenants. Market share varies by region, but Terreno focuses on high-barrier markets. Competitors include Prologis (PLD), Duke Realty (DRE) (acquired by Prologis), and Rexford Industrial Realty (REXR). Market share data isn't easily segmented for specific firms.

Market Dynamics

industry overview logo Industry Overview

The industrial real estate market is driven by e-commerce growth, supply chain modernization, and demand for logistics facilities. It has been experiencing a period of high demand, increased rents, and limited supply, although this is beginning to moderate.

Positioning

Terreno Realty Corporation focuses on strategic infill locations in major coastal markets, providing a competitive advantage through proximity to transportation hubs and dense population centers.

Total Addressable Market (TAM)

The TAM for industrial real estate is enormous, estimated in the trillions of dollars. Terreno is positioned to capture a fraction of this market, focusing on select high-growth areas.

Upturn SWOT Analysis

Strengths

  • Strategic locations in major markets
  • Focus on high-barrier-to-entry markets
  • Strong balance sheet
  • Experienced management team

Weaknesses

  • Concentration in a few key markets
  • Susceptibility to economic downturns in those markets
  • Reliance on leasing income
  • Smaller size compared to some competitors

Opportunities

  • Continued e-commerce growth
  • Supply chain modernization
  • Expansion into new markets
  • Acquisition of undervalued properties

Threats

  • Economic recession
  • Increased interest rates
  • Oversupply of industrial space
  • Competition from larger REITs

Competitors and Market Share

competitor logo Key Competitors

  • PLD
  • REXR
  • FRPT

Competitive Landscape

Terreno focuses on smaller, infill properties while competitors like Prologis may target larger developments. Rexford is also focused on infill industrial markets. Each firm has slightly different geographic focuses.

Growth Trajectory and Initiatives

Historical Growth: Historical growth can be determined by reviewing Terreno Realty Corporation's financial reports.

Future Projections: Future projections can be obtained from analyst reports available through financial news outlets and brokerage firms.

Recent Initiatives: Recent initiatives can be found in press releases and investor presentations available on Terreno Realty Corporation's website.

Summary

Terreno Realty Corporation is a well-positioned industrial REIT focused on strategic infill locations. Their targeted market approach provides some resilience. Rising interest rates and economic uncertainty pose potential challenges. Their smaller size relative to competitors may limit deal capacity, but it also allows for nimble niche strategies.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Analyst Reports
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate and may vary based on the source. Financial data should be independently verified.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Terreno Realty Corporation

Exchange NYSE
Headquaters Bellevue, WA, United States
IPO Launch date 2010-02-10
Co-Founder, Chairman & CEO Mr. W. Blake Baird
Sector Real Estate
Industry REIT - Industrial
Full time employees 49
Full time employees 49

Terreno Realty Corporation ("Terreno", and together with its subsidiaries, the "Company") acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of March 31, 2025, the Company owned 298 buildings aggregating approximately 19.3 million square feet, 47 improved land parcels consisting of approximately 150.6 acres, five properties under development or redevelopment and approximately 22.4 acres of land for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust ("REIT") under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), commencing with its taxable year ended December 31, 2010.