Terreno Realty (TRNO) Stock Forecast, Price Target & Predictions
TRNO Stock Forecast
Terreno Realty stock forecast is as follows: an average price target of $73.33 (represents a 24.31% upside from TRNO’s last price of $58.99) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
TRNO Price Target
The average price target for Terreno Realty (TRNO) is $73.33 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $68.00. This represents a potential 24.31% upside from TRNO's last price of $58.99.
TRNO Analyst Ratings
According to 7 Wall Street analysts, Terreno Realty's rating consensus is 'Buy'. The analyst rating breakdown for TRNO stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Terreno Realty Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Alex Goldfarb | Piper Sandler | $80.00 | $63.25 | 26.48% | 35.62% |
| Aug 13, 2024 | Mitch Germain | JMP Securities | $72.00 | $67.24 | 7.08% | 22.05% |
| Aug 09, 2024 | Caitlin Burrows | Goldman Sachs | $68.00 | $68.01 | -0.01% | 15.27% |
| May 15, 2024 | David Rodgers | Robert W. Baird | $59.00 | $55.30 | 6.69% | 0.02% |
| Jun 30, 2022 | Jefferies | $68.00 | $56.50 | 20.35% | 15.27% | |
| Jun 16, 2022 | Goldman Sachs | $70.00 | $56.20 | 24.56% | 18.66% | |
| May 18, 2022 | Mitch Germain | JMP Securities | $75.00 | $63.07 | 18.92% | 27.14% |
| Apr 21, 2021 | Omotayo Okusanya | Credit Suisse | $65.00 | $62.40 | 4.17% | 10.19% |
The latest Terreno Realty stock forecast, released on Oct 11, 2024 by Alex Goldfarb from Piper Sandler, set a price target of $80.00, which represents a 26.48% increase from the stock price at the time of the forecast ($63.25), and a 35.62% increase from TRNO last price ($58.99).
Terreno Realty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $80.00 | $69.75 |
| Last Closing Price | $58.99 | $58.99 | $58.99 |
| Upside/Downside | -100.00% | 35.62% | 18.24% |
In the current month, the average price target of Terreno Realty stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Terreno Realty's last price of $58.99. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 05, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| Sep 05, 2024 | Scotiabank | Underperform | Underperform | Hold |
| Aug 28, 2024 | Wells Fargo | Equal-Weight | Downgrade | |
| Aug 26, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 13, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Aug 09, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Jun 04, 2024 | Exane BNP Paribas | Outperform | Initialise | |
| May 14, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| May 14, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jun 30, 2022 | Jefferies | Buy | Buy | Hold |
| Jun 16, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
Terreno Realty's last stock rating was published by Piper Sandler on Oct 11, 2024. The company gave TRNO a "Overweight" rating, the same as its previous rate.
Terreno Realty Financial Forecast
Terreno Realty Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $86.48M | $82.92M | $79.53M | $74.65M | $76.01M | $70.80M | $65.37M | $64.03M | $60.67M | $57.27M | $53.30M | $50.69M | $48.88M | $47.15M | $45.74M | $45.12M | $45.02M | $43.40M |
| Avg Forecast | $122.30M | $120.15M | $117.95M | $115.55M | $112.93M | $107.35M | $107.72M | $104.41M | $101.48M | $97.63M | $88.83M | $87.16M | $84.38M | $81.38M | $78.21M | $74.99M | $73.01M | $67.47M | $65.29M | $62.52M | $60.50M | $54.57M | $51.75M | $49.09M | $47.92M | $46.06M | $45.15M | $46.03M | $44.82M | $42.74M |
| High Forecast | $124.23M | $122.05M | $119.81M | $117.37M | $114.72M | $109.04M | $109.42M | $106.06M | $101.73M | $99.18M | $89.11M | $87.16M | $86.73M | $84.02M | $79.45M | $76.18M | $74.16M | $67.47M | $65.29M | $62.52M | $60.50M | $54.57M | $51.75M | $49.09M | $47.92M | $46.06M | $45.15M | $46.03M | $44.82M | $42.74M |
| Low Forecast | $119.50M | $117.40M | $115.25M | $112.91M | $110.35M | $104.89M | $105.26M | $102.02M | $101.10M | $95.40M | $88.56M | $87.16M | $83.11M | $79.40M | $76.42M | $73.28M | $71.34M | $67.47M | $65.29M | $62.52M | $60.50M | $54.57M | $51.75M | $49.09M | $47.92M | $46.06M | $45.15M | $46.03M | $44.82M | $42.74M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.02% | 1.00% | 1.04% | 1.05% | 1.00% | 1.02% | 1.00% | 1.05% | 1.03% | 1.03% | 1.02% | 1.02% | 1.01% | 0.98% | 1.00% | 1.02% |
Terreno Realty's average Quarter revenue forecast for Mar 24 based on 4 analysts is $87.16M, with a low forecast of $87.16M, and a high forecast of $87.16M. TRNO's average Quarter revenue forecast represents a 0.78% increase compared to the company's last Quarter revenue of $86.48M (Dec 23).
Terreno Realty EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $56.04M | $18.25M | $18.23M | $48.91M | $49.13M | $45.70M | $42.35M | $39.75M | $48.60M | $37.64M | $31.73M | $30.34M | $27.53M | $37.43M | $44.71M | $26.57M | $29.21M | $28.57M |
| Avg Forecast | $92.36M | $90.74M | $89.08M | $87.27M | $85.29M | $81.07M | $81.35M | $78.85M | $76.64M | $73.74M | $67.09M | $34.61M | $63.72M | $61.46M | $59.07M | $31.46M | $54.65M | $42.68M | $41.31M | $28.60M | $38.27M | $34.52M | $32.74M | $26.00M | $30.31M | $29.14M | $28.57M | $26.57M | $28.35M | $27.04M |
| High Forecast | $93.82M | $92.17M | $90.49M | $88.64M | $86.64M | $82.35M | $82.64M | $80.10M | $76.83M | $74.90M | $67.30M | $41.53M | $65.50M | $63.46M | $60.00M | $37.75M | $65.58M | $42.68M | $41.31M | $34.32M | $38.27M | $34.52M | $32.74M | $31.20M | $30.31M | $29.14M | $28.57M | $31.89M | $28.35M | $27.04M |
| Low Forecast | $90.25M | $88.67M | $87.04M | $85.27M | $83.34M | $79.22M | $79.49M | $77.05M | $76.35M | $72.05M | $66.88M | $27.69M | $62.77M | $59.97M | $57.72M | $25.17M | $43.72M | $42.68M | $41.31M | $22.88M | $38.27M | $34.52M | $32.74M | $20.80M | $30.31M | $29.14M | $28.57M | $21.26M | $28.35M | $27.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.30% | 0.31% | 1.55% | 0.90% | 1.07% | 1.03% | 1.39% | 1.27% | 1.09% | 0.97% | 1.17% | 0.91% | 1.28% | 1.57% | 1.00% | 1.03% | 1.06% |
4 analysts predict TRNO's average Quarter EBITDA for Mar 24 to be $34.61M, with a high of $41.53M and a low of $27.69M. This is -38.24% lower than Terreno Realty's previous annual EBITDA (Dec 23) of $56.04M.
Terreno Realty Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $57.56M | $30.32M | $40.25M | $39.29M | $58.88M | $16.17M | $97.03M | $14.58M | $27.05M | $16.67M | $13.36M | $12.11M | $9.32M | $22.72M | $30.70M | $8.85M | $10.75M | $10.83M |
| Avg Forecast | - | - | - | - | $41.11M | $41.11M | $40.13M | $39.15M | $37.68M | $35.56M | $34.58M | $18.55M | $34.91M | $32.79M | $30.67M | $16.86M | $36.27M | $28.44M | $26.51M | $15.33M | $26.03M | $23.86M | $22.94M | $13.93M | $17.74M | $19.28M | $18.00M | $12.86M | $19.47M | $17.93M |
| High Forecast | - | - | - | - | $41.95M | $41.95M | $40.95M | $39.95M | $38.29M | $36.29M | $34.60M | $22.26M | $35.62M | $33.78M | $31.30M | $20.23M | $43.53M | $28.44M | $26.51M | $18.39M | $26.03M | $23.86M | $22.94M | $16.72M | $17.74M | $19.28M | $18.00M | $15.43M | $19.47M | $17.93M |
| Low Forecast | - | - | - | - | $39.88M | $39.88M | $38.93M | $37.98M | $37.07M | $34.50M | $34.56M | $14.84M | $34.31M | $31.81M | $29.75M | $13.49M | $29.02M | $28.44M | $26.51M | $12.26M | $26.03M | $23.86M | $22.94M | $11.15M | $17.74M | $19.28M | $18.00M | $10.28M | $19.47M | $17.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.65% | 0.92% | 1.31% | 2.33% | 1.62% | 0.57% | 3.66% | 0.95% | 1.04% | 0.70% | 0.58% | 0.87% | 0.53% | 1.18% | 1.71% | 0.69% | 0.55% | 0.60% |
Terreno Realty's average Quarter net income forecast for Mar 24 is $18.55M, with a range of $14.84M to $22.26M. TRNO's average Quarter net income forecast represents a -67.78% decrease compared to the company's last Quarter net income of $57.56M (Dec 23).
Terreno Realty SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $9.73M | $9.12M | $9.77M | $9.32M | $8.19M | $8.14M | $7.33M | $7.53M | $7.72M | $6.80M | $6.87M | $5.58M | $6.94M | $5.13M | $5.67M | $5.76M | $6.07M | $5.13M |
| Avg Forecast | $15.10M | $14.83M | $14.56M | $14.26M | $13.94M | $13.25M | $13.30M | $12.89M | $12.53M | $12.05M | $10.97M | $6.37M | $10.42M | $10.05M | $9.66M | $5.79M | $8.68M | $8.33M | $8.06M | $5.26M | $7.47M | $6.74M | $6.39M | $4.78M | $5.92M | $5.69M | $5.57M | $16.86M | $5.53M | $5.28M |
| High Forecast | $15.34M | $15.07M | $14.79M | $14.49M | $14.16M | $13.46M | $13.51M | $13.09M | $12.56M | $12.24M | $11.00M | $7.64M | $10.71M | $10.37M | $9.81M | $6.95M | $10.41M | $8.33M | $8.06M | $6.32M | $7.47M | $6.74M | $6.39M | $5.74M | $5.92M | $5.69M | $5.57M | $20.23M | $5.53M | $5.28M |
| Low Forecast | $14.75M | $14.49M | $14.23M | $13.94M | $13.62M | $12.95M | $12.99M | $12.59M | $12.48M | $11.78M | $10.93M | $5.09M | $10.26M | $9.80M | $9.43M | $4.63M | $6.94M | $8.33M | $8.06M | $4.21M | $7.47M | $6.74M | $6.39M | $3.83M | $5.92M | $5.69M | $5.57M | $13.49M | $5.53M | $5.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.91% | 1.01% | 1.61% | 0.94% | 0.98% | 0.91% | 1.43% | 1.03% | 1.01% | 1.07% | 1.17% | 1.17% | 0.90% | 1.02% | 0.34% | 1.10% | 0.97% |
Terreno Realty's average Quarter SG&A projection for Mar 24 is $6.37M, based on 4 Wall Street analysts, with a range of $5.09M to $7.64M. The forecast indicates a -34.55% fall compared to TRNO last annual SG&A of $9.73M (Dec 23).
Terreno Realty EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.68 | $0.36 | - | $0.49 | $0.77 | $0.21 | $1.28 | $0.19 | $0.38 | $0.24 | $0.19 | $0.18 | $0.14 | $0.33 | $0.45 | $0.13 | $0.16 | $0.16 |
| Avg Forecast | - | - | - | - | $0.42 | $0.42 | $0.41 | $0.40 | $0.39 | $0.36 | $0.35 | $0.36 | $0.36 | $0.34 | $0.31 | $0.29 | $0.45 | $0.29 | $0.28 | $0.27 | $0.27 | $0.25 | $0.24 | $0.21 | $0.18 | $0.20 | $0.19 | $0.19 | $0.20 | $0.19 |
| High Forecast | - | - | - | - | $0.43 | $0.43 | $0.42 | $0.41 | $0.39 | $0.37 | $0.35 | $0.36 | $0.36 | $0.35 | $0.32 | $0.30 | $0.46 | $0.29 | $0.28 | $0.27 | $0.27 | $0.25 | $0.24 | $0.21 | $0.18 | $0.20 | $0.19 | $0.19 | $0.20 | $0.19 |
| Low Forecast | - | - | - | - | $0.41 | $0.41 | $0.40 | $0.39 | $0.38 | $0.35 | $0.35 | $0.36 | $0.35 | $0.33 | $0.30 | $0.28 | $0.44 | $0.29 | $0.28 | $0.27 | $0.27 | $0.25 | $0.24 | $0.21 | $0.18 | $0.20 | $0.19 | $0.19 | $0.20 | $0.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.91% | 1.07% | 0.00% | 1.69% | 1.70% | 0.71% | 4.65% | 0.70% | 1.41% | 0.97% | 0.80% | 0.85% | 0.76% | 1.65% | 2.41% | 0.68% | 0.79% | 0.86% |
According to 4 Wall Street analysts, Terreno Realty's projected average Quarter EPS for Mar 24 is $0.36, with a low estimate of $0.36 and a high estimate of $0.36. This represents a -47.55% decrease compared to TRNO previous annual EPS of $0.68 (Dec 23).
Terreno Realty Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| COLD | Americold Realty Trust | $22.32 | $31.20 | 39.78% | Buy |
| REXR | Rexford Industrial Realty | $39.92 | $51.80 | 29.76% | Buy |
| PLYM | Plymouth Industrial REIT | $19.10 | $24.00 | 25.65% | Buy |
| LXP | LXP Industrial Trust | $8.78 | $11.00 | 25.28% | Buy |
| EGP | EastGroup Properties | $167.72 | $201.67 | 20.24% | Buy |
| TRNO | Terreno Realty | $61.98 | $73.33 | 18.31% | Buy |
| FR | First Industrial Realty Trust | $52.01 | $59.00 | 13.44% | Hold |