Terreno Realty Corporation (TRNO)

Official site

REAL ESTATE • REIT - INDUSTRIAL • NYSE

$63.92

-0.89 (-1.37%)

Market Cap: $7.06B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

72%(28/39)

Avg Surprise

+12.94%

Streak

2 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.43

Range$0.39 - $0.45

3 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$0.44-2.7%

60d ago$0.43-0.4%

30d ago$0.43-0.4%

7d ago$0.45-3.8%

Current$0.43

Revenue Consensus

$129M

Range$127M - $134M

11 analysts

Period ending Dec 31, 2026

EPS Consensus$0.67

Range$0.41 - $0.92

2 analysts

Revenue Consensus

$134M

Range$123M - $145M

13 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.67	$0.41 - $0.92	-	-	2	-	-
Sep 30, 2026Sep 26EST	-	$0.43	$0.39 - $0.45	-	-	3	2 0 30d	-
Jun 30, 2026Jun 26 Reported Aug 5, 2026Reported Aug 5	$0.70	$0.70	$0.69 - $0.71	+0.00%	Beat	2	1 0 30d	+89.2%
Mar 31, 2026Mar 26 Reported May 6, 2026Reported May 6	$0.40	$0.35	$0.35 - $0.35	+14.29%	Beat	1	0 1 30d	+11.1%
Dec 31, 2025Dec 25 Reported Feb 4, 2026Reported Feb 4	$0.46	$0.51	$0.40 - $0.57	-9.80%	Miss	3	No revisions (30d)	-39.5%
Sep 30, 2025Sep 25 Reported Nov 5, 2025Reported Nov 5	$0.67	$0.65	$0.62 - $0.66	+3.08%	Beat	3	No revisions (30d)	+81.1%
Jun 30, 2025Jun 25 Reported Aug 6, 2025Reported Aug 6	$0.37	$0.37	$0.34 - $0.39	+0.00%	Beat	2	No revisions (30d)	+0.0%
Mar 31, 2025Mar 25 Reported May 7, 2025Reported May 7	$0.36	$0.35	$0.35 - $0.35	+2.86%	Beat	1	0 1 30d	+5.9%
Dec 31, 2024Dec 24 Reported Feb 5, 2025Reported Feb 5	$0.76	$0.36	$0.32 - $0.39	+111.11%	Beat	3	No revisions (30d)	+11.8%
Sep 30, 2024Sep 24 Reported Nov 6, 2024Reported Nov 6	$0.37	$0.37	$0.36 - $0.37	+0.00%	Beat	3	1 0 30d	+2.8%
Jun 30, 2024Jun 24 Reported Aug 7, 2024Reported Aug 7	$0.37	$0.36	$0.34 - $0.37	+2.78%	Beat	3	No revisions (30d)	-22.9%
Mar 31, 2024Mar 24 Reported May 8, 2024Reported May 8	$0.34	$0.37	$0.34 - $0.38	-8.11%	Miss	3	No revisions (30d)	+17.2%
Dec 31, 2023Dec 23 Reported Feb 7, 2024Reported Feb 7	$0.68	$0.36	$0.35 - $0.37	+88.89%	Beat	4	No revisions (30d)	+126.7%
Sep 30, 2023Sep 23 Reported Nov 1, 2023Reported Nov 1	$0.36	$0.34	$0.33 - $0.34	+5.88%	Beat	4	No revisions (30d)	+20.0%
Jun 30, 2023Jun 23 Reported Aug 2, 2023Reported Aug 2	$0.48	$0.30	$0.30 - $0.33	+60.00%	Beat	3	No revisions (30d)	-63.1%
Mar 31, 2023Mar 23 Reported May 3, 2023Reported May 3	$0.29	$0.29	$0.25 - $0.29	+0.00%	Beat	2	No revisions (30d)	+11.5%
Dec 31, 2022Dec 22 Reported Feb 8, 2023Reported Feb 8	$0.30	$0.31	$0.28 - $0.31	-3.23%	Miss	3	No revisions (30d)	+20.0%
Sep 30, 2022Sep 22 Reported Nov 2, 2022Reported Nov 2	$0.30	$0.29	$0.29 - $0.30	+3.45%	Beat	3	No revisions (30d)	+15.4%
Jun 30, 2022Jun 22 Reported Aug 3, 2022Reported Aug 3	$1.30	$0.28	$0.27 - $0.28	+364.29%	Beat	3	No revisions (30d)	+420.0%
Mar 31, 2022Mar 22 Reported May 4, 2022Reported May 4	$0.26	$0.28	$0.27 - $0.28	-7.14%	Miss	2	No revisions (30d)	+8.3%
Dec 31, 2021Dec 21 Reported Feb 9, 2022Reported Feb 9	$0.25	$0.25	$0.22 - $0.25	+0.00%	Beat	2	No revisions (30d)	+25.0%
Sep 30, 2021Sep 21 Reported Nov 3, 2021Reported Nov 3	$0.26	$0.25	$0.23 - $0.26	+4.00%	Beat	3	No revisions (30d)	+30.0%
Jun 30, 2021Jun 21 Reported Aug 4, 2021Reported Aug 4	$0.25	$0.24	$0.23 - $0.25	+4.17%	Beat	4	No revisions (30d)	+31.6%
Mar 31, 2021Mar 21 Reported May 6, 2021Reported May 6	$0.24	$0.22	$0.19 - $0.23	+9.09%	Beat	3	1 0 30d	+26.3%
Dec 31, 2020Dec 20 Reported Feb 10, 2021Reported Feb 10	$0.20	$0.18	$0.18 - $0.19	+11.11%	Beat	4	No revisions (30d)	+11.1%
Sep 30, 2020Sep 20 Reported Nov 4, 2020Reported Nov 4	$0.20	$0.20	$0.18 - $0.22	+0.00%	Beat	5	No revisions (30d)	+0.0%
Jun 30, 2020Jun 20 Reported Aug 5, 2020Reported Aug 5	$0.19	$0.19	$0.19 - $0.42	+0.00%	Beat	5	1 0 30d	+18.8%
Mar 31, 2020Mar 20 Reported May 6, 2020Reported May 6	$0.19	$0.19	$0.19 - $0.19	+0.00%	Beat	5	No revisions (30d)	+5.6%
Dec 31, 2019Dec 19 Reported Feb 6, 2020Reported Feb 6	$0.18	$0.20	$0.18 - $0.23	-10.00%	Miss	5	1 0 30d	+12.5%
Sep 30, 2019Sep 19 Reported Oct 30, 2019Reported Oct 30	$0.20	$0.18	$0.17 - $0.21	+11.11%	Beat	5	2 0 30d	+17.6%
Jun 30, 2019Jun 19 Reported Jul 31, 2019Reported Jul 31	$0.16	$0.19	$0.17 - $0.22	-15.79%	Miss	5	No revisions (30d)	+6.7%
Mar 31, 2019Mar 19 Reported May 1, 2019Reported May 1	$0.18	$0.18	$0.17 - $0.20	+0.00%	Beat	3	No revisions (30d)	+50.0%
Dec 31, 2018Dec 18 Reported Feb 6, 2019Reported Feb 6	$0.16	$0.19	$0.16 - $0.20	-15.79%	Miss	4	No revisions (30d)	+60.0%
Sep 30, 2018Sep 18 Reported Nov 1, 2018Reported Nov 1	$0.17	$0.16	$0.14 - $0.19	+6.25%	Beat	6	No revisions (30d)	+183.3%
Jun 30, 2018Jun 18 Reported Aug 2, 2018Reported Aug 2	$0.15	$0.14	$0.12 - $0.14	+7.14%	Beat	3	1 0 30d	+66.7%
Mar 31, 2018Mar 18 Reported May 2, 2018Reported May 2	$0.12	$0.11	$0.11 - $0.11	+9.09%	Beat	1	No revisions (30d)	+20.0%
Dec 31, 2017Dec 17 Reported Feb 7, 2018Reported Feb 7	$0.10	$0.14	$0.07 - $0.16	-28.57%	Miss	4	No revisions (30d)	+400.0%
Sep 30, 2017Sep 17 Reported Nov 1, 2017Reported Nov 1	$0.06	$0.09	$0.07 - $0.13	-33.33%	Miss	3	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Aug 2, 2017Reported Aug 2	$0.09	$0.14	$0.08 - $0.26	-35.71%	Miss	4	1 0 30d	-
Mar 31, 2017Mar 17 Reported May 3, 2017Reported May 3	$0.10	$0.08	-	+25.00%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Feb 8, 2017Reported Feb 8	$0.02	N/A	-	-71.43%	Miss	-	-	-

Dividends

Dividend Metrics

Forward Yield3.57%

Forward Annual Dividend$2.28

Payout Ratio79.18%

FrequencyQuarterly

Pay MonthsJan, Apr, Jul, Oct

Growth

3Y CAGR+10.93%

5Y CAGR+12.52%

TRNO dividend history and ex-dividend dates Run TRNO in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	28.66	EV/EBITDA	15.79x
Price/FCF	43.04x	FCF Yield	2.32%
Profitability
Profit Margin	77.30%	Operating Margin	41.80%
ROE	9.28%	ROIC	5.71%
Financial Health
Debt/Equity	0.21x	Interest Coverage	11.03x
Current Ratio	N/A	Quick Ratio	N/A
Trading Statistics
Beta	1.04	Avg Volume	789.53K
52-Week High	$78.26	52-Week Low	$54.24

Technical Indicators Dashboard

Moving Averages

SMA 10$64.65

SMA 20$65.01

SMA 50$65.92

SMA 200$64.74

EMA 10$64.80

EMA 20$64.99

EMA 50$65.78

EMA 200$64.44

MACD

Line: -0.34Signal: -0.42Hist: 0.08

ADX

ADX: 21.7+DI: 15.7-DI: 24.1

Aroon & PSAR

Aroon Up52.0

Aroon Down76.0

PSAR$63.64

Bollinger Bands

Upper Band$66.64

Lower Band$63.39

%B Position500%(Upper)

Band Width0.16

RSI (14-Day)

Neutral

41.7

Momentum Oscillators

Stoch %K41.7

Stoch %D54.6

Williams %R-83.7

ROC (10d)-0.1%

Momentum-0.06

CCI (20d)-53.8

MFI (14d)49.4

Volatility Measures

ATR (14d)$1.32(2.1%)

StdDev (20d)0.81

Hist Vol16.9%(Low)

Volume Flow

VWAP$64.67

OBV42.7M

AD Line-673.3M

CMF (20d)-1.018

Volume Metrics

Avg Vol (20d)774.1K

Vol Ratio1.1x

VWMA (20d)$65.05

Pivot Points

R3$67.23

R2$66.60

R1$65.71

Pivot Point$65.08

S1$64.18

S2$63.55

S3$62.66

Advanced Oscillators

TSI-9.75

Ultimate Osc30.8

KST-18.11

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$130.19M	$143.18M	$238.28M	$171.66M	$161.78M	$115.56M	$140.62M	$97.08M	$93.06M	$88.40M	$100.24M	$78.20M
Cost of Revenue	N/A	$90.77M	$30.19M	$28.23M	$27.91M	$28.77M	$27.83M	$25.60M	$23.77M	$20.89M	$21.52M	$20.52M
Gross Profit	N/A	$33.67M	$107.29M	$88.02M	$84.33M	$81.65M	$75.88M	$74.04M	$70.47M	$64.14M	$64.96M	$62.40M

Operating Expenses	$72.62M	$73.75M	$80.07M	$68.29M	$68.51M	$67.43M	$64.52M	$60.44M	$57.36M	$52.34M	$50.05M	$47.88M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	N/A	$50.69M	$57.43M	$48.06M	$43.95M	$42.99M	$39.21M	$39.20M	$36.92M	$32.69M	$55.23M	$53.28M

Interest Income	$1.78M	$514,000	$792,000	$1.37M	$1.94M	$1.22M	$2.51M	$2.35M	$4.33M	$2.89M	$935,000	$1.09M
Interest Expense	$8.34M	$8.99M	$9.53M	$8.37M	$7.04M	$7.93M	$5.26M	$4.90M	$5.52M	$5.24M	$13.08M	$5.81M
Income Before Tax	$57.57M	$69.43M	$158.22M	$103.38M	$93.27M	$48.13M	$76.10M	$36.64M	$35.70M	$36.06M	$57.56M	$30.32M
Income Tax Expense	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Net Income	$57.57M	$69.43M	$158.22M	$103.38M	$93.27M	$48.13M	$76.10M	$36.64M	$35.70M	$36.06M	$57.56M	$30.32M

EBITDA	$82.25M	$94.52M	$184.28M	$126.68M	$116.81M	$70.89M	$97.75M	$56.47M	$54.64M	$54.03M	$65.91M	$45.45M
EBIT	$57.57M	$69.43M	$158.22M	$103.38M	$93.27M	$48.13M	$76.10M	$36.64M	$35.70M	$36.06M	$50.18M	$30.32M

* Some calculated fields are derived from available data when not provided by source

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News

Terreno Realty Corporation (TRNO) Stock forecasts

The article "Terreno Realty Corporation (TRNO) Stock forecasts" appears to be a broken or incomplete content page from Yahoo Finance. It contains navigation links, market data, and copyright information...

Yahoo Finance UK•Oct 15, 2026 2:42 AM ET10/15/26•Neutral

Terreno Realty Corporation (TRNO) Stock forecasts

An Argus report from October 7, 2026, has decreased its rating for Terreno Realty Corporation (TRNO) to a HOLD. The report highlights TRNO's business model as a real estate investment trust focused on industrial...

Yahoo Finance UK•Oct 13, 2026 11:12 PM ET10/13/26•Somewhat-Bearish

Terreno Realty Corporation (TRNO) Stock forecasts

Argus has decreased its rating for Terreno Realty Corporation (TRNO) to a HOLD, as reported on October 7, 2026. TRNO is a real estate investment trust focusing on industrial properties in six major U.S. coastal markets....

Yahoo Finance Singapore•Oct 9, 2026 1:42 AM ET10/9/26•Bearish

Terreno Realty Corporation (TRNO) Stock forecasts

The article is a placeholder page indicating that something went wrong while trying to display content related to Terreno Realty Corporation (TRNO) stock forecasts. It includes standard Yahoo Finance navigation...

Yahoo Finance UK•Oct 8, 2026 7:42 PM ET10/8/26•Neutral

Citizens maintains Terreno Realty stock rating on healthy trends By Investing.com

Citizens has reiterated a Market Outperform rating for Terreno Realty Corp (NYSE:TRNO) with a $73.00 price target...

Investing.com Nigeria•Oct 7, 2026 4:02 PM ET10/7/26•Bullish

TRNO Valuation and Fair Value

P/E: 28.7x
Forward P/E: 80.0x
EV/EBITDA: 15.8x
P/FCF: 43.0x
PEG: 7.2x
P/B: 1.5x

See GNG's fair value

TRNO Profitability: Margins, ROIC and FCF

Operating margin: 41.8%
Net margin: 77.3%
ROIC: 5.7%
ROE: 9.3%
FCF margin: 23.2%
FCF yield: 2.3%

TRNO Competitors

Company	Ticker
Alexandria Real Estate Equities Inc	ARE
STAG Industrial Inc	STAG
NNN REIT, Inc.	NNN
Compass Inc	COMP
First Industrial Realty Trust Inc	FR
Macerich Company	MAC
Agree Realty Corporation	ADC
AGNC Investment Corp.	AGNCP

Sector: Real Estate

TRNO Analyst Ratings

Consensus: Buy
Analysts: 19
Strong Buy: 5
Buy: 6
Hold: 6
Sell: 1
Strong Sell: 1

TRNO Bull Case vs Bear Case

Bull case

TRNO converts 23.2% of revenue into free cash flow.
TRNO has a 77.3% net profit margin.
TRNO grew quarterly revenue 11.1% year over year.

TRNO Earnings: Beat Rate and Next Report

Beat rate: 4 of 8 quarters (50.0%)
Average surprise: 15.2%
EPS estimate (fiscal period ending Sep 30, 2026): $0.43
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 2 up, 0 down

TRNO Dividend

Forward yield: 3.6%
Payout ratio: 79.2%
3Y DPS growth: 10.9%
5Y DPS growth: 12.5%
Pay months: Jan, Apr, Jul, Oct

TRNO dividend history

Frequently Asked Questions About TRNO

What is TRNO's current dividend yield?

Terreno Realty Corporation (TRNO) has a forward dividend yield of 3.57%.

Does TRNO pay dividends?

Yes, Terreno Realty Corporation pays dividends with a forward dividend yield of 3.57%.

What is TRNO's P/E ratio?

Terreno Realty Corporation has a price-to-earnings (P/E) ratio of 28.66.

What is TRNO's market cap?

Terreno Realty Corporation (TRNO) has a market capitalization of $7.06B with a current stock price of $63.92.

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Earnings

Performance (10Y)

Upcoming Estimates

Dividends

Dividend Metrics

Growth

Key Metrics

Technical Indicators Dashboard

Moving Averages

MACD

ADX

Aroon & PSAR

Bollinger Bands

RSI (14-Day)

Momentum Oscillators

Volatility Measures

Volume Flow

Volume Metrics

Pivot Points

Advanced Oscillators

Financial Data

Related GNG Research

News

Terreno Realty Corporation (TRNO) Stock forecasts

Terreno Realty Corporation (TRNO) Stock forecasts

Terreno Realty Corporation (TRNO) Stock forecasts

Terreno Realty Corporation (TRNO) Stock forecasts

Citizens maintains Terreno Realty stock rating on healthy trends By Investing.com

TRNO Valuation and Fair Value

TRNO Profitability: Margins, ROIC and FCF

TRNO Competitors

TRNO Analyst Ratings

TRNO Bull Case vs Bear Case

Bull case

TRNO Earnings: Beat Rate and Next Report

TRNO Dividend

Frequently Asked Questions About TRNO

Related stocks

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