Terreno Realty (TRNO) Stock Forecast, Price Target & Predictions
TRNO Stock Forecast
Terreno Realty stock forecast is as follows: an average price target of $66.40 (represents a -4.50% downside from TRNO’s last price of $69.53) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
TRNO Price Target
The average price target for Terreno Realty (TRNO) is $66.40 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $72.00 to $59.00. This represents a potential -4.50% downside from TRNO's last price of $69.53.
TRNO Analyst Ratings
According to 6 Wall Street analysts, Terreno Realty's rating consensus is 'Buy'. The analyst rating breakdown for TRNO stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 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 |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Mitch Germain | JMP Securities | $72.00 | $67.24 | 7.08% | 3.55% |
| Aug 09, 2024 | Caitlin Burrows | Goldman Sachs | $68.00 | $68.01 | -0.01% | -2.20% |
| May 15, 2024 | David Rodgers | Robert W. Baird | $59.00 | $55.30 | 6.69% | -15.14% |
| Jun 30, 2022 | - | Jefferies | $68.00 | $56.50 | 20.35% | -2.20% |
| Jun 16, 2022 | - | Goldman Sachs | $70.00 | $56.20 | 24.56% | 0.68% |
| May 18, 2022 | Mitch Germain | JMP Securities | $75.00 | $63.07 | 18.92% | 7.87% |
| Apr 21, 2021 | Omotayo Okusanya | Credit Suisse | $65.00 | $62.40 | 4.17% | -6.52% |
The latest Terreno Realty stock forecast, released on Aug 13, 2024 by Mitch Germain from JMP Securities, set a price target of $72.00, which represents a 7.08% increase from the stock price at the time of the forecast ($67.24), and a 3.55% increase from TRNO last price ($69.53).
Terreno Realty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $70.00 | $66.33 |
| Last Closing Price | $69.53 | $69.53 | $69.53 |
| Upside/Downside | -100.00% | 0.68% | -4.60% |
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 $69.53. 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 |
|---|---|---|---|---|
| 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 |
Terreno Realty's last stock rating was published by Wells Fargo on Sep 05, 2024. The company gave TRNO a "Market Outperform" 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 | $110.30M | $109.20M | $108.10M | $107.10M | $109.49M | $107.00M | $105.51M | $102.47M | $100.80M | $97.95M | $89.39M | $87.16M | $84.48M | $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 | $116.65M | $115.49M | $114.33M | $113.27M | $115.79M | $113.16M | $111.58M | $108.37M | $106.61M | $99.05M | $94.54M | $92.18M | $86.83M | $84.02M | $82.72M | $79.31M | $77.22M | $71.35M | $69.02M | $66.09M | $63.95M | $57.68M | $54.70M | $51.89M | $50.65M | $48.69M | $47.73M | $48.65M | $47.37M | $45.17M |
| Low Forecast | $97.57M | $96.60M | $95.62M | $94.74M | $96.85M | $94.65M | $93.33M | $90.65M | $89.17M | $96.65M | $79.07M | $77.10M | $83.21M | $79.40M | $69.19M | $66.34M | $64.58M | $59.68M | $59.78M | $57.25M | $55.39M | $49.96M | $47.38M | $44.95M | $43.87M | $42.18M | $41.34M | $42.14M | $41.04M | $39.13M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 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 $77.10M, and a high forecast of $92.18M. 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 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 | $69.78M | $69.09M | $68.39M | $67.76M | $69.27M | $67.69M | $66.75M | $64.83M | $63.77M | $61.97M | $56.55M | $34.61M | $53.45M | $51.49M | $49.48M | $31.46M | $46.19M | $40.46M | $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 | $73.80M | $73.06M | $72.33M | $71.66M | $73.26M | $71.59M | $70.59M | $68.56M | $67.45M | $62.67M | $59.81M | $41.53M | $54.93M | $53.16M | $52.33M | $37.75M | $48.85M | $48.55M | $43.66M | $34.32M | $40.46M | $36.49M | $34.61M | $31.20M | $32.04M | $30.80M | $30.20M | $31.89M | $29.97M | $28.58M |
| Low Forecast | $61.73M | $61.11M | $60.50M | $59.94M | $61.27M | $59.88M | $59.04M | $57.35M | $56.41M | $61.15M | $50.03M | $27.69M | $52.64M | $50.23M | $43.77M | $25.17M | $40.86M | $32.37M | $37.82M | $22.88M | $35.04M | $31.61M | $29.98M | $20.80M | $27.76M | $26.68M | $26.16M | $21.26M | $25.96M | $24.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.35% | 0.37% | 1.55% | 1.06% | 1.13% | 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 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 | - | - | - | - | $38.56M | $38.56M | $37.60M | $36.63M | $35.99M | $34.71M | $34.06M | $18.55M | $34.39M | $32.30M | $30.21M | $16.86M | $43.70M | $22.96M | $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 | - | - | - | - | $41.45M | $41.45M | $40.41M | $39.38M | $38.69M | $35.28M | $36.61M | $22.26M | $36.96M | $33.27M | $32.47M | $20.23M | $46.98M | $27.55M | $28.48M | $18.39M | $27.96M | $25.63M | $24.65M | $16.72M | $19.05M | $20.71M | $19.33M | $15.43M | $20.92M | $19.26M |
| Low Forecast | - | - | - | - | $32.78M | $32.78M | $31.96M | $31.14M | $30.59M | $34.14M | $28.95M | $14.84M | $33.79M | $27.45M | $25.67M | $13.49M | $37.15M | $18.37M | $23.60M | $12.26M | $23.18M | $21.24M | $20.43M | $11.15M | $15.79M | $17.17M | $16.02M | $10.28M | $17.34M | $15.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.67% | 0.94% | 1.33% | 2.33% | 1.35% | 0.70% | 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 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 | $13.62M | $13.48M | $13.34M | $13.22M | $13.52M | $13.21M | $13.02M | $12.65M | $12.44M | $12.09M | $11.04M | $6.37M | $10.43M | $10.05M | $9.66M | $5.79M | $9.01M | $7.31M | $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 | $14.40M | $14.26M | $14.11M | $13.98M | $14.29M | $13.97M | $13.77M | $13.38M | $13.16M | $12.23M | $11.67M | $7.64M | $10.72M | $10.37M | $10.21M | $6.95M | $9.53M | $8.77M | $8.52M | $6.32M | $7.89M | $7.12M | $6.75M | $5.74M | $6.25M | $6.01M | $5.89M | $20.23M | $5.85M | $5.58M |
| Low Forecast | $12.04M | $11.92M | $11.80M | $11.70M | $11.96M | $11.68M | $11.52M | $11.19M | $11.01M | $11.93M | $9.76M | $5.09M | $10.27M | $9.80M | $8.54M | $4.63M | $7.97M | $5.85M | $7.38M | $4.21M | $6.84M | $6.17M | $5.85M | $3.83M | $5.42M | $5.21M | $5.10M | $13.49M | $5.07M | $4.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.91% | 1.01% | 1.61% | 0.91% | 1.11% | 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 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 | - | - | - | - | $0.40 | $0.40 | $0.39 | $0.38 | $0.37 | $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 | $0.40 | $0.37 | $0.38 | $0.38 | $0.38 | $0.35 | $0.34 | $0.31 | $0.49 | $0.32 | $0.30 | $0.29 | $0.29 | $0.27 | $0.26 | $0.23 | $0.20 | $0.21 | $0.20 | $0.21 | $0.22 | $0.20 |
| Low Forecast | - | - | - | - | $0.34 | $0.34 | $0.33 | $0.32 | $0.32 | $0.35 | $0.30 | $0.30 | $0.35 | $0.28 | $0.27 | $0.25 | $0.39 | $0.25 | $0.24 | $0.24 | $0.24 | $0.22 | $0.21 | $0.19 | $0.16 | $0.18 | $0.17 | $0.17 | $0.18 | $0.17 |
| 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 $0.30 and a high estimate of $0.38. 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 |
|---|---|---|---|---|---|
| LXP | LXP Industrial Trust | $10.16 | $14.00 | 37.80% | Buy |
| COLD | Americold Realty Trust | $29.02 | $32.25 | 11.13% | Buy |
| PLYM | Plymouth Industrial REIT | $23.10 | $25.40 | 9.96% | Buy |
| FR | First Industrial Realty Trust | $56.34 | $60.22 | 6.89% | Buy |
| REXR | Rexford Industrial Realty | $50.59 | $54.00 | 6.74% | Buy |
| EGP | EastGroup Properties | $187.50 | $189.60 | 1.12% | Buy |
| TRNO | Terreno Realty | $69.53 | $66.40 | -4.50% | Buy |
TRNO Forecast FAQ
Is Terreno Realty a good buy?
Yes, according to 6 Wall Street analysts, Terreno Realty (TRNO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of TRNO's total ratings.
What is TRNO's price target?
Terreno Realty (TRNO) average price target is $66.4 with a range of $59 to $72, implying a -4.50% from its last price of $69.53. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Terreno Realty stock go up soon?
According to Wall Street analysts' prediction for TRNO stock, the company can go down by -4.50% (from the last price of $69.53 to the average price target of $66.4), up by 3.55% based on the highest stock price target, and down by -15.14% based on the lowest stock price target.
Can Terreno Realty stock reach $100?
TRNO's average twelve months analyst stock price target of $66.4 does not support the claim that Terreno Realty can reach $100 in the near future.
What are Terreno Realty's analysts' financial forecasts?
Terreno Realty's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $424.46M (high $448.91M, low $375.47M), average EBITDA is $268.54M (high $284M, low $237.54M), average net income is $151.36M (high $162.69M, low $128.65M), average SG&A $52.4M (high $55.42M, low $46.35M), and average EPS is $1.57 (high $1.69, low $1.33). TRNO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $434.7M (high $459.74M, low $384.53M), average EBITDA is $275.01M (high $290.85M, low $243.27M), average net income is $0 (high $0, low $0), average SG&A $53.66M (high $56.75M, low $47.47M), and average EPS is $0 (high $0, low $0).
Did the TRNO's actual financial results beat the analysts' financial forecasts?
Based on Terreno Realty's last annual report (Dec 2023), the company's revenue was $323.59M, beating the average analysts forecast of $319.07M by 1.42%. Apple's EBITDA was $211.53M, beating the average prediction of $185.88M by 13.80%. The company's net income was $151.46M, beating the average estimation of $113.75M by 33.15%. Apple's SG&A was $37.94M, beating the average forecast of $35.92M by 5.61%. Lastly, the company's EPS was $1.81, beating the average prediction of $1.29 by 39.77%. In terms of the last quarterly report (Dec 2023), Terreno Realty's revenue was $86.48M, beating the average analysts' forecast of $84.48M by 2.37%. The company's EBITDA was $56.04M, beating the average prediction of $53.45M by 4.86%. Terreno Realty's net income was $57.56M, beating the average estimation of $34.39M by 67.39%. The company's SG&A was $9.73M, missing the average forecast of $10.43M by -6.70%. Lastly, the company's EPS was $0.68, beating the average prediction of $0.357 by 90.65%