TRNO
Terreno Realty Corporation
NYSE: TRNO · REAL ESTATE · REIT - INDUSTRIAL
$66.38
+0.96% today
Updated 2026-09-21
Market cap
$7.23B
P/E ratio
17.84
P/S ratio
14.38x
EPS (TTM)
$3.72
Dividend yield
3.16%
52W range
$55 – $79
Volume
0.7M
WallStSmart proprietary scores
56
out of 100
Grade: C+
Hold
Investment rating
5.3
Growth
C+7.0
Quality
B+7.5
Profitability
B+6.7
Valuation
B4/9
Piotroski F-Score
Moderate
2.4
Altman Z-Score
Grey zone
—
Industry rank
—
View all highly rated stocks (75+) →251 stocks currently score above 75
Price targets
Analyst target
$74.12
+11.66%
12-Month target
$61.60
-7.20%
Intrinsic (DCF)
$208.21
Margin of safety
+68.57%
5 Strong Buy6 Buy6 Hold1 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 77.30% — above average
+ Free cash flow $32.86M — positive
+ Revenue growth 11.10% QoQ
+ 68.57% below intrinsic value
+ Debt/equity 0.24x — low leverage
Risks
No major risks identified
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $276.21M | $323.59M | $382.62M | $476.38M | $502.88M |
| Net income | $198.01M | $151.46M | $184.50M | $402.99M | $57.57M |
| EPS | — | — | — | — | $3.72 |
| Free cash flow | $76.60M | $126.62M | $186.25M | $208.46M | $32.86M |
| Profit margin | 71.69% | 46.81% | 48.22% | 84.59% | 77.30% |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-08-04 | MEYER, JOHN TULL | Buy | 12,081 | — |
| 2026-08-04 | COKE, MICHAEL A | Buy | 28,426 | — |
| 2026-08-04 | CANNON, JAIME JACKSON | Buy | 12,081 | — |
Peer comparison
Smart narrative
Terreno Realty Corporation trades at $66.38. representing a P/E of 17.84x trailing earnings. Our Smart Value Score of 56/100 indicates the stock is fair. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 2.37, it sits in the grey zone. TTM revenue stands at $502.88M. with profit margins at 77.30%. Our DCF model estimates intrinsic value at $208.21.
Frequently asked questions
What is Terreno Realty Corporation's stock price?
Terreno Realty Corporation (TRNO) trades at $66.38, on a P/E of 17.8x and a P/S of 14.4x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Terreno Realty Corporation overvalued?
Terreno Realty Corporation carries a Smart Value Score of 56/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $208.21 versus the $66.38 price, a 68.6% margin of safety on a cash flow basis.
What is the price target of Terreno Realty Corporation (TRNO)?
The 12-month analyst consensus target is $74.12, about 11.7% above the current $66.38. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Terreno Realty Corporation (TRNO)?
Our DCF model estimates intrinsic value at $208.21, a +68.6% margin of safety versus today's $66.38. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Terreno Realty Corporation's revenue?
Terreno Realty Corporation's trailing twelve-month revenue is $502.88M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Terreno Realty Corporation's Altman Z-Score is 2.37, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorREAL ESTATE
IndustryREIT - INDUSTRIAL
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio14.38x
ROE9.88%
Beta1.04
50D MA$69.04
200D MA$65.10
Shares out0.11B
Float0.11B
Short ratio—
Avg volume0.7M
Performance
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YTD—
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