Terreno Realty Corporation (TRNO) Stock Analysis
Real Estate · REIT - Industrial
Sell if holding. Analyst target reached at $64.88 — A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: warehouse/distribution (80.5%).
Terreno Realty is an internally managed industrial REIT owning 309 buildings (~19.8M sqft) and 46 improved land parcels in six major coastal US markets (NYC/NJ, LA, Miami, SF Bay Area, Seattle, DC), 96.1% leased to 683 tenants. Revenue comes from industrial real estate leases:... Read more
Sell if holding. Analyst target reached at $64.88 — A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: warehouse/distribution (80.5%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.8/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent Developments — Terreno Realty Corporation
Latest news
- Terreno Realty (TRNO) to Release Earnings on Wednesday - MarketBeat — MarketBeat neutral
- Universal Beteiligungs und Servicegesellschaft mbH Buys 52,230 Shares of Terreno Realty Corporation $TRNO - MarketBeat — MarketBeat neutral
- Terreno Realty faces earnings test amid deployment push By Investing.com - Investing.com Nigeria — Investing.com Nigeria neutral
- Terreno Realty faces earnings test amid deployment push By Investing.com - Investing.com India — Investing.com India neutral
- Terreno Realty faces earnings test amid deployment push - Investing.com — Investing.com neutral
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHPropertywarehouse/distribution81%10-K Item 1: 'warehouse/distribution (approximately 80.5% of our total annualized base rent as of December 31, 2025)'
- MEDIUMGeographicNew York City/Northern New Jersey27%10-K Item 1A: 'approximately 17.9% of our rentable square feet...were located in New York City/Northern New Jersey, representing a combined percentage of approximately 26.6% of our total annualized base rent.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $64.88 — A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: warehouse/distribution (80.5%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $62.70. Score 5.8/10, moderate confidence.
Take-profit target: $65.86 (+1.5% upside). Prior stop was $62.70. Stop-loss: $62.70.
Concentration risk — Property Type: warehouse/distribution (80.5%); Analyst target reached - limited upside remaining; Near 52-week high (4.0% away).
Terreno Realty Corporation trades at a P/E of 16.0 (forward 43.1). TrendMatrix value score: 3.1/10. Verdict: Sell.
24 analysts cover TRNO with a consensus score of 3.9/5. Average price target: $70.
What does Terreno Realty Corporation do?Terreno Realty is an internally managed industrial REIT owning 309 buildings (~19.8M sqft) and 46 improved land parcels...
Terreno Realty is an internally managed industrial REIT owning 309 buildings (~19.8M sqft) and 46 improved land parcels in six major coastal US markets (NYC/NJ, LA, Miami, SF Bay Area, Seattle, DC), 96.1% leased to 683 tenants. Revenue comes from industrial real estate leases: warehouse/distribution 80.5%, improved land 10.1%, transshipment 6.0%, and flex 3.4% of annualized base rent. No single tenant exceeds 4.9% of annualized base rent.