TRNO Stock - Terreno Realty Corporation
Unlock GoAI Insights for TRNO
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $382.62M | $323.59M | $276.21M | $221.93M | $186.88M |
| Gross Profit | $284.53M | $244.50M | $207.31M | $165.68M | $137.79M |
| Gross Margin | 74.4% | 75.6% | 75.1% | 74.7% | 73.7% |
| Operating Income | $148.03M | $133.35M | $110.35M | $88.03M | $114.30M |
| Net Income | $184.50M | $151.46M | $198.01M | $87.25M | $79.80M |
| Net Margin | 48.2% | 46.8% | 71.7% | 39.3% | 42.7% |
| EPS | $1.92 | $1.81 | $2.61 | $0.87 | $0.86 |
{Terreno Realty Corporation and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, 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 September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. 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.}
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 10th 2025 | Piper Sandler | Upgrade | Overweight | $75 |
| November 10th 2025 | Scotiabank | Upgrade | Sector Outperform | $67 |
| October 1st 2025 | Cantor Fitzgerald | Initiation | Overweight | $70 |
| April 7th 2025 | Piper Sandler | Downgrade | Neutral | $61 |
| February 21st 2025 | Goldman | Upgrade | Buy | $77← $65 |
| February 4th 2025 | BMO Capital Markets | Initiation | Market Perform | $71 |
| January 14th 2025 | Deutsche Bank | Initiation | Hold | $60 |
| January 13th 2025 | Barclays | Downgrade | Equal Weight | $60← $68 |
| September 5th 2024 | Mizuho | Downgrade | Underperform | $62 |
| August 28th 2024 | Wells Fargo | Downgrade | Equal Weight | $75← $71 |
| June 4th 2024 | Exane BNP Paribas | Initiation | Outperform | $68 |
| March 27th 2024 | Barclays | Initiation | Overweight | $71 |
| December 7th 2023 | Wells Fargo | Initiation | Overweight | $71 |
| October 3rd 2023 | Wedbush | Initiation | Neutral | $60 |
| July 19th 2023 | Citigroup | Initiation | Neutral | $63 |
Earnings History & Surprises
TRNOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $0.87 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.65 | $0.67 | +3.1% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $0.65 | $0.64 | -1.5% | ✗ MISS |
Q2 2025 | May 7, 2025 | $0.63 | $0.62 | -1.6% | ✗ MISS |
Q1 2025 | Feb 5, 2025 | $0.38 | $0.76 | +100.0% | ✓ BEAT |
Q4 2024 | Nov 6, 2024 | $0.61 | $0.62 | +1.6% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $0.54 | $0.61 | +13.0% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.36 | $0.40 | +11.1% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $0.36 | $0.67 | +86.1% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $0.56 | $0.57 | +1.8% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.31 | $0.48 | +54.8% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $0.53 | $0.51 | -3.8% | ✗ MISS |
Q1 2023 | Feb 8, 2023 | $0.52 | $0.54 | +3.8% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.50 | $0.52 | +4.0% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $0.47 | $0.48 | +2.1% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.46 | $0.46 | 0.0% | = MET |
Q1 2022 | Feb 9, 2022 | $0.24 | $0.44 | +83.3% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.44 | $0.45 | +2.3% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.41 | $0.42 | +2.4% | ✓ BEAT |
Latest News
Terreno Realty Acquires Industrial Property In Tukwila, Washington For ~$27.1M
📈 PositiveTerreno Realty Acquires Industrial Property In Hyattsville, Maryland For ~$50M
📈 PositiveKeybanc Maintains Overweight on Terreno Realty, Raises Price Target to $68
📈 PositiveMizuho Maintains Underperform on Terreno Realty, Raises Price Target to $56
➖ NeutralWells Fargo Maintains Equal-Weight on Terreno Realty, Raises Price Target to $63
➖ NeutralTerreno Realty Acquires Industrial Property In Long Island City Queens For ~$4.7M
📈 PositiveScotiabank Upgrades Terreno Realty to Sector Outperform, Announces $67 Price Target
📈 PositiveGoldman Sachs Maintains Buy on Terreno Realty, Raises Price Target to $71
📈 PositiveTerreno Realty Acquires Industrial Property In South San Francisco, California For ~$5.6M
📈 PositiveTerreno Realty Sells Industrial Property In South Brunswick, New Jersey For ~$144.2M
📈 PositiveCantor Fitzgerald Initiates Coverage On Terreno Realty with Overweight Rating, Announces Price Target of $70
📈 PositivePiper Sandler Maintains Neutral on Terreno Realty, Raises Price Target to $60
➖ NeutralBarclays Maintains Equal-Weight on Terreno Realty, Raises Price Target to $57
📈 PositiveTerreno Realty Buys Industrial Properties In Doral, Florida And Kearny, New Jersey For ~$194.3M
📈 PositiveTerreno Realty Corporation Acquires An Industrial Property Located In South San Francisco, California For Purchase Price Of ~$10.2M
📈 PositiveWells Fargo Maintains Equal-Weight on Terreno Realty, Lowers Price Target to $60
➖ NeutralKeybanc Maintains Overweight on Terreno Realty, Lowers Price Target to $64
➖ NeutralFrequently Asked Questions about TRNO
What is TRNO's current stock price?
What is the analyst price target for TRNO?
What sector is Terreno Realty Corporation in?
What is TRNO's market cap?
Does TRNO pay dividends?
Similar Stocks
Real Estate SectorExplore stocks similar to TRNO for comparison