Inside the research
Terreno Realty Corporation
TRNO Research profile · latest available data
Price overview
$66.07
▼ -0.36 (-0.5%)
| 52w hi | $75.08 |
|---|---|
| 52w lo | $54.56 |
| Vol | 604.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.31
| Short | -0.01 |
|---|---|
| Medium | -0.42 |
| Long | -0.71 |
computed 2026-09-27
Key fundamentals
Terreno Realty Corporation
Real Estate · REIT - Industrial
| Market cap | $7.20B |
|---|---|
| Enterprise value | $8.10B |
| Trailing P/E | 17.76x |
| Forward P/E | 37.44x |
| EV / EBITDA | 26.63x |
| P / S (ttm) | 14.32x |
| Profit margin | 77.3% |
| Return on equity | 9.3% |
| Revenue growth | +11.1% |
| Earnings growth | -40.2% |
| Debt / equity | 21.40 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.01 | |
| Sector | -0.04 | |
| Technical | -0.11 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.69 |
|---|---|
| Corr SPX | 0.45 |
| Annual vol | 24.3% |
| Annual ret | +1.2% |
| Sharpe | 0.05 |
| Max DD | -26.1% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-05-06 | Shareholder Vote | read |
| 2026-02-17 | Other Material Event, Exhibits | read |
| 2026-01-08 | Material Agreement, Material Obligation… | read |
| 2025-11-05 | Officer / Director Change | read |
| 2025-05-07 | Officer / Director Change, Shareholder Vote… | read |
| 2025-01-24 | Officer / Director Change | read |
| 2024-09-30 | Material Agreement, Material Obligation… | read |
| 2024-08-28 | Other Material Event, Exhibits | read |
| 2024-06-04 | Officer / Director Change | read |
| 2024-05-13 | Shareholder Vote | read |
| 2024-04-29 | Officer / Director Change | read |
| 2024-03-27 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-11 | Meyer John Tull | EVP | Sell | 4.45K | $305.24K |
| 2026-08-10 | Cannon Jaime Jackson | CFO | Sell | 3.60K | $245.87K |
| 2026-08-07 | COKE MICHAEL A | President | Sell | 8.00K | $547.04K |
| 2026-08-04 | COKE MICHAEL A | President | Grant | 28.43K | — |
| 2026-08-04 | Meyer John Tull | EVP | Grant | 12.08K | — |
| 2026-08-04 | Cannon Jaime Jackson | CFO | Grant | 12.08K | — |
| 2026-08-04 | BAIRD W BLAKE | CHAIRMAN AND CEO | Grant | 28.43K | — |
| 2026-08-03 | Cannon Jaime Jackson | CFO | Withheld for tax | 3.73K | $267.44K |
| 2026-08-03 | BAIRD W BLAKE | CHAIRMAN AND CEO | Withheld for tax | 5.77K | $413.64K |
| 2026-08-03 | COKE MICHAEL A | President | Withheld for tax | 7.46K | $534.88K |
Flow & Concentration
| Insider 180d net | -$1.10M |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 2.36% |
|---|---|
| $ / share (TTM) | $1.56 |
| 5y CAGR | +12.5% |
Annual dividend per share
| 2021 | $1.26 |
|---|---|
| 2022 | $1.48 |
| 2023 | $1.70 |
| 2024 | $1.88 |
| 2025 | $2.02 |
| 2026 | $0.52 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $323.59M | +35.8% | |
| Net income | $151.46M | +41.0% | |
| Cash from ops | $271.86M | +35.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $66.40 | $66.81 | $65.96 | $66.07 | 604.20K |
| Sep 24 | $66.49 | $66.81 | $66.23 | $66.43 | 957.50K |
| Sep 23 | $66.04 | $66.76 | $65.68 | $66.02 | 755.20K |
| Sep 22 | $66.51 | $66.93 | $66.26 | $66.40 | 770.90K |
| Sep 21 | $66.05 | $66.60 | $65.89 | $66.38 | 969.90K |
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