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Terreno Realty Corporation (TRNO) is a real estate company in the reit - industrial industry with $500.00M in trailing revenue trading at a 17.7× trailing P/E — analyst consensus: buy.
Terreno Realty Corporation an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The firm announced today that it has executed new renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida. Countyline Corporate Park Buildings 26 and 28 total 422,000 square feet and are currently 100% leased to six tenants with 83,000 square feet expiring April 2027. To facilitate the new leases, Terreno Realty Corporation has executed an early termination effective July 31, 2026, with the tenant that was to expire April 2027. A provider of turbine engine disassembly, repair, logistics and storage services will relocate from 106,000 square feet in Building 28 expiring April 2030 to 83,000 square feet in Building 26. The lease will commence August 1, 2026, and expire March 2035. Terreno Realty Corporation has executed an early renewal and expansion lease with a global wholesale packaging provider in Building 28. The early renewal for 43,000 square feet will commence October 1, 2027, and expire January 2035. The expansion lease for 106,000 square feet is expected to commence November 1, 2026, and will expire in January 2035. After commencement of the new leases Countyline Corporate Park Buildings 26 and 28 will be 100% leased to five tenants. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Terreno Realty Corporation was incorporated on 6th November 2009 and is based in Bellevue, United States.
Key Statistics
Market Cap
$7.20B
Revenue (TTM)
$500.00M
EPS (TTM)
$3.74
EPS (Fwd est.)
$1.76
Employees
47
Trailing P/E
17.67
Forward P/E
37.44
PEG Ratio
7.15
Price / Sales
14.32
Price / Book
1.61
EV / EBITDA
26.63
Beta (5Y)
1.04
Analyst Consensus
Consensus
Buy
Analyst Price Target
+12.2% upside
Target: $74.12
Annual Revenue & Net Income
RevenueNet Income
'22
$280.00M
$200.00M
'23
$320.00M
$150.00M
'24
$380.00M
$180.00M
'25
$480.00M
$400.00M
Earnings History
Quarter
Actual EPS
Estimate
Result
Aug 2026
$0.65
$0.41
Beat (+58.6%)
May 2026
$0.40
$0.35
Beat (+12.5%)
Feb 2026
$0.46
$0.51
Miss (-9.1%)
Nov 2025
$0.39
$0.37
Beat (+7.2%)
Next Earnings Report
Terreno Realty Corporation is next expected to report earnings on 04 Nov 2026.
Profitability
76.2%
41.8%
77.3%
Gross MarginOperating MarginNet Margin
Revenue Growth (YoY)
11.1%
Return on Equity
9.3%
Return on Assets
2.4%
Balance Sheet
Cash & Equivalents
$50.00M
Total Debt
$950.00M
Net Position
$900.00M (net debt)
Free Cash Flow (TTM)
$320.00M
Debt / Equity
21.40
Share Ownership
Institutions 109.5%
Insiders 1.9%
Institutional figure exceeds 100% due to short selling
Terreno Realty Corporation an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The firm announced today that it has executed new renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida. Countyline Corporate Park Buildings 26 and 28 total 422,000 square feet and are currently 100% leased to six tenants with 83,0…
What is TRNO's market cap?
Terreno Realty Corporation has a market capitalization of approximately $7.20B.
What is TRNO's P/E ratio?
Terreno Realty Corporation trades at a trailing P/E ratio of 17.7x and a forward P/E of 37.4x, which is below the broad market average of ~25x.
How much revenue does TRNO generate?
Terreno Realty Corporation generated $500.00M in trailing 12-month revenue.
What do analysts say about TRNO?
The analyst consensus rating for Terreno Realty Corporation is buy, with a mean price target of $74.12. That implies +12.2% upside from the current price.
When does TRNO report earnings?
Terreno Realty Corporation is next scheduled to report earnings on 04 Nov 2026.
Does TRNO pay a dividend?
Yes. Terreno Realty Corporation pays a dividend with a current yield of 3.45%, at an annual rate of $2.28 per share.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for Terreno Realty Corporation on Apsis Markets.