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TRNO

Terreno RealtyD
NYSE / Equity Real Estate Investment Trusts (REITs)
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2026-06-03
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Latest report
2026-05-07
Investor release

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Earnings documents stored for TRNO.

12 shown
Investor releaseQuarter not tagged2026-05-07

Terreno Realty Corporation Declares Quarterly Dividend and Files First Quarter 2026 Financial Statements

Business Wire

BELLEVUE, Wash., May 06, 2026--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending June 30, 2026 of $0.52 per common share. The dividend will be payable on July 10, 2026 to common stockholders of record at the close of business on June 26, 2026. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended March 31, 2026 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com. 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. Additional information about Terreno Realty Corporation is available on the company’s website at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will," "seek," "target," "see," "likely," "position," "opportunity," "outlook," "potential," "enthusiastic," "future" and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projecte...

Investor releaseQuarter not tagged2026-05-07

Terreno Realty (TRNO) Valuation Check After Strong Q1 Earnings And Portfolio Expansion

Simply Wall St.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Terreno Realty (TRNO) just posted first quarter 2026 earnings that put fresh numbers around its industrial real estate story, with higher sales, net income and earnings per share drawing investor attention to the stock. See our latest analysis for Terreno Realty. The stock has gained 11.98% on a year to date share price basis to US$66.09, with a 5.49% 1 month share price return and 21.58% 1 year total shareholder return, suggesting that momentum has been building around the recent earnings, acquisitions and dividend announcement. If Terreno Realty’s move has you thinking more broadly about real assets and infrastructure, it could be a good moment to look at 34 power grid technology and infrastructure stocks With Terreno Realty trading at US$66.09, only about 6% below the latest analyst price target and carrying a weak value score of 2, the key question is simple: is there still upside here or has the market already priced in future growth? Terreno Realty trades at a P/E of 17.5x at a last close of $66.09, which screens as good value against some benchmarks and expensive against others. The P/E multiple compares the company’s share price to its earnings per share, giving you a quick sense of how much investors are paying for each dollar of earnings. For a REIT focused on industrial real estate across major U.S. coastal markets, this is a common way investors compare pricing across stocks with similar business models and income profiles. At 17.5x, Terreno Realty sits below the estimated fair P/E of 18x. It is also below the broader U.S. market level of 19.3x, yet above the Global Industrial REITs industry average of 16.5x, which suggests investors are currently willing to pay a modest premium to the sector while still at a discount to the wider market and the fair ratio estimate. Explore the SWS fair ratio for Terreno Realty Result: Price-to-earnings of 17.5x (ABOUT RIGHT) However, revenue growth combined with weaker net income growth and Terreno’s focus on a single asset class in a single country could unsettle the current momentum. Find out about the key risks to this Terreno Realty narrative. While the current P/E of 17.5x suggests Terreno Realty is around fair value, the SWS DCF model of...

Investor releaseQuarter not tagged2026-05-05

What's in the Cards for Healthpeak Properties This Earnings Season?

Zacks

Healthpeak Properties, Inc. DOC is slated to report its first-quarter 2026 results on May 5, after market close. The company’s quarterly results are likely to display a year-over-year fall in revenues and funds from operations (FFO) per share. In the last reported quarter, this healthcare real estate investment trust (REIT) posted an FFO as adjusted per share of 47 cents, which beat the Zacks Consensus Estimate of 45 cents. Results reflected better-than-anticipated revenues. Growth in total merger-combined same-store cash (adjusted) net operating income was witnessed across the portfolio. In the preceding four quarters, Healthpeak’s FFO, as adjusted per share, surpassed the Zacks Consensus Estimate on two occasions and met in the remaining periods, with the average beat being 1.67%. The graph below depicts this surprise history: Healthpeak Properties, Inc. price-eps-surprise | Healthpeak Properties, Inc. Quote The increasing life expectancy of the U.S. population and biopharma drug development growth opportunities have promoted the lab real estate market fundamentals. Healthpeak’s focus on the lab segment is a strategic fit and is expected to have benefited from this tailwind. Moreover, the senior citizen population is on the rise, and the healthcare expenditure of this age cohort is usually on the higher end compared with the general population. Healthpeak’s life plan communities, which refer to its retirement communities that include independent living, assisted living, memory care and skilled nursing units, is anticipated to have benefited from this positive expenditure trend, supporting the segment’s quarterly performance. However, high interest expenses during the first quarter are likely to have been a spoilsport for Healthpeak. The company’s operators contend with peers for occupancy. This would have likely hurt Healthpeak’s power to raise rents and affect revenues and profitability. For the first quarter, the Zacks Consensus Estimate for DOC’s rental and related revenues stands at $530.72 million, indicating a fall of 1.4% from the year-ago reported number. The Zacks Consensus Estimate for DOC’s interest income and revenues currently stands at $15.69 million, implying a marginal rise from the prior-year period’s reported figure. The Zacks Consensus Estimate for first-quarter total revenues is pegged at $671.93 million, indicating a decline of 4.4% fr...

Investor releaseQuarter not tagged2026-04-09

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Business Wire

96.3% quarter-end occupancy compared to prior quarter of 96.1% and prior year of 96.6% 97.6% quarter-end same-store occupancy compared to prior quarter of 97.6% and prior year of 96.4% 22.4% increase in cash rents on new and renewed leases and tenant retention ratio of 72.6% $101.8 million of acquisitions $24.4 million of acquisitions under contract or letter of intent $55.1 million of dispositions; $86.2 million year-to-date $12.8 million of dispositions under contract Completed the development and stabilization of one property with a total expected investment of $43.4 million Issued 2,081,288 shares of common stock at $64.85 per share under ATM for gross proceeds of $135.0 million Obtained a new $200 million five-year unsecured term loan BELLEVUE, Wash., April 08, 2026--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the first quarter of 2026. Operating As of March 31, 2026, Terreno Realty Corporation owned 310 buildings aggregating approximately 19.9 million square feet and 46 improved land parcels consisting of approximately 147.0 acres leased to 681 customers: The operating portfolio was 96.3% leased at March 31, 2026 as compared to 96.1% at December 31, 2025 and 96.6% at March 31, 2025. Vacancy at both March 31, 2026 and December 31, 2025 included 205,000 square feet (approximately 100bps) of vacancy at Countyline Corporate Park Building 30 in Hialeah, Florida which is 100% pre-leased with leases expected to commence in the second quarter of 2026; The same-store portfolio of approximately 17.5 million square feet was 97.6% leased at March 31, 2026 as compared to 97.6% at December 31, 2025 and 96.4% at March 31, 2025; The improved land portfolio of 46 parcels totaling approximately 147.0 acres was 96.6% leased at March 31, 2026 as compared to 95.4% at December 31, 2025 and 95.1% at March 31, 2025; Cash rents on new and renewed leases totaling approximately 0.7 million square feet and 7.2 acres of improved land commencing during the first quarter increased approximately 22.4% with a tenant retention ratio of 72.6% for the operating portfolio and 45.8% for the improved land portfolio; Executed a lease for 66,000 square feet in Rancho Dominguez, California with a manufacturer and di...

Investor releaseQuarter not tagged2026-03-25

Terreno Realty (TRNO) Valuation Check As Mixed Returns And Earnings Trends Shape Investor Sentiment

Simply Wall St.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Terreno Realty (TRNO) focuses on industrial real estate across six major U.S. coastal markets, and its shares recently closed at US$61. That price sits against mixed recent return figures and modest annual revenue and net income shifts. See our latest analysis for Terreno Realty. Recent trading has been choppy, with a 7.41% 1 month share price decline offset by a 3.35% year to date share price return and a 5 year total shareholder return of 18.89%. This suggests momentum has cooled, while longer term holders have still seen positive results. If this kind of mixed performance has you thinking about where else capital could work, it may be worth scanning 20 top founder-led companies With Terreno Realty trading at US$61 alongside mixed recent returns, revenue growth of 8.98% and net income falling 39.31%, the key question is whether the current price offers an attractive entry point or already reflects the company’s potential. At a last close of $61, Terreno Realty is trading on a P/E of 16.2x, which screens as relatively low compared with both the wider US market and its industrial REIT peers. The P/E ratio compares the current share price to earnings per share and gives you a quick sense of how much investors are currently paying for each dollar of profit. For a real estate investment trust, where earnings and dividends matter a lot to income focused investors, this is a commonly watched gauge. For Terreno Realty, a 16.2x P/E sits below the US market average of 18.4x and also below the Global Industrial REITs average of 16.7x, while being well under the peer group average of 33.3x. The fair P/E derived from Simply Wall St’s regression based fair ratio model is 18.8x, a level the market could move towards if sentiment and earnings support it. That mix of a lower current multiple versus both the market and fair ratio model suggests investors are not pricing the company at a premium, even with earnings that grew 118.4% over the past year and 26.3% per year over five years, alongside current net margins of 84.2% helped by a large one off gain of $238.1m. Explore the SWS fair ratio for Terreno Realty Result: Price-to-Earnings of 16.2x (ABOUT RIGHT) However, you still need to weigh risks such as the 39.31% annual net income decline and Terreno’s full r...

Investor releaseQuarter not tagged2026-03-04

Terreno Realty (TRNO) Valuation Check After Mixed Signals From Earnings And Cash Flow Models

Simply Wall St.

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Terreno Realty (TRNO) has been drawing attention after a modest 1 day decline of about 1.5%, even as its shares show positive returns over the past month and past 3 months. Investors are weighing that short term pullback against longer term total returns. See our latest analysis for Terreno Realty. With the share price at $65.40, Terreno Realty’s recent 6.3% 30 day share price return and 10.8% year to date share price return contrast with a more modest 0.3% 1 year total shareholder return, hinting that momentum has picked up only in recent months as investors reassess its risk and income profile. If this shift in sentiment has you thinking about where else capital might work hard, now could be a good time to broaden your search with our 18 top founder-led companies. Terreno Realty’s recent share price gains, modest 1 year total return, and current discount to analyst targets all pull in different directions. Is the stock quietly undervalued here, or is the market already pricing in future growth? With Terreno Realty closing at $65.40, the current P/E of 17x sits below both the broader US market on 19.4x and the peer average on 36.1x. This points to a more restrained pricing of its earnings than many investors might expect for this industrial REIT. The P/E ratio simply tells you how much investors are paying today for each dollar of earnings. It is especially watched for income oriented, asset backed businesses like REITs. In Terreno Realty’s case, earnings have grown by 118.4% over the past year and by 26.3% per year over the past 5 years, and its recent profit margins of 84.2% are higher than last year’s 48%. These figures are influenced by a large one off gain of $238.1m in the last 12 months. Relative to its space, Terreno Realty is described as trading at good value compared to peers and the industrial REITs industry. Its 17x P/E is below the global industrial REITs average of 17.9x and well below the 36.1x peer average. On top of that, our fair P/E estimate sits at 19x, a level the market could potentially move toward if sentiment on its earnings profile shifted. Explore the SWS fair ratio for Terreno Realty Result: Price-to-earnings of 17x (UNDERVALUED) However, you still need to weigh risks such as the 38.6% annual net income contrac...

Investor releaseQuarter not tagged2026-02-05

Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2025 Financial Statements

Business Wire

BELLEVUE, Wash., February 04, 2026--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2026 of $0.52 per common share. The dividend will be payable on April 10, 2026 to common stockholders of record at the close of business on March 27, 2026. Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com. 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. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will," "seek," "target," "see," "likely," "position," "opportunity," "outlook," "potential," "enthusiastic," "future" and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or pr...

Investor releaseQuarter not tagged2026-02-05

Terreno: Q4 Earnings Snapshot

Associated Press Finance

BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Terreno Realty Corp. (TRNO) on Wednesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Bellevue, Washington, said it had funds from operations of $86.5 million, or 83 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $157.5 million, or $1.53 per share. The industrial real estate company, based in Bellevue, Washington, posted revenue of $137.5 million in the period. For the year, the company reported funds from operations of $284.7 million. Revenue was reported as $476.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRNO at https://www.zacks.com/ap/TRNO

Investor releaseQuarter not tagged2026-02-05

Terreno Realty Fiscal Q4 FFO, Revenue Climbs

MT Newswires

Terreno Realty (TRNO)reported fiscal Q4 funds from operations late Wednesday of $0.83 per diluted sh

Investor releaseQuarter not tagged2026-01-08

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Business Wire

96.1% quarter-end occupancy compared to prior quarter of 96.2% and prior year of 97.4% 97.2% quarter-end same-store occupancy compared to prior quarter of 98.6% and prior year of 98.2% 29.8% increase in cash rents on new and renewed leases; 25.4% increase for the full year $87.4 million of acquisitions; full year acquisitions of $683.5 million $21.2 million of acquisitions under contract or letter of intent $144.2 million of dispositions; full year dispositions of $386.4 million $62.7 million of dispositions under contract Commenced the development of one property with a total expected investment of $55.5 million; during 2025 commenced development of two properties with a total expected investment of $109.6 million Completed the development and stabilization of one property with a total expected investment of $35.8 million; during 2025 completed the development and stabilization of three properties with a total expected investment of $117.0 million Issued 700,000 shares of common stock under ATM for gross proceeds of $43.6 million ($62.27 per share); during 2025 issued 4,206,371 shares of common stock under ATM for gross proceeds of $281.0 million ($66.81 per share) BELLEVUE, Wash., January 07, 2026--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2025. Operating As of December 31, 2025, Terreno Realty Corporation owned 309 buildings aggregating approximately 19.8 million square feet and 46 improved land parcels consisting of approximately 147.0 acres leased to 683 customers: The operating portfolio was 96.1% leased at December 31, 2025 as compared to 96.2% at September 30, 2025 and 97.4% at December 31, 2024; The same-store portfolio of approximately 14.1 million square feet was 97.2% leased at December 31, 2025 as compared to 98.6% at September 30, 2025 and 98.2% at December 31, 2024. Vacancy at December 31, 2025 included 205,000 square feet (approximately 100bps) of vacancy at Countyline Corporate Park Building 30 in Hialeah, Florida where the previous tenant rejected their lease in bankruptcy effective October 31, 2025. The vacated property is 84% pre-leased with leases expected to commence in the first half of 2026; The improved land portfolio of 46 parcels...

Investor releaseQuarter not tagged2025-11-06

Terreno Realty Corporation Declares Quarterly Dividend and Files Third Quarter 2025 Financial Statements

Business Wire

BELLEVUE, Wash., November 05, 2025--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending December 31, 2025 of $0.52 per common share. The dividend will be payable on January 9, 2026 to common stockholders of record at the close of business on December 15, 2025. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended September 30, 2025 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com. 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. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will," "seek," "target," "see," "likely," "position," "opportunity," "outlook," "potential," "enthusiastic," "future" and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, es...

Investor releaseQuarter not tagged2025-10-08

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Business Wire

96.2% quarter-end occupancy compared to prior quarter of 97.7% and prior year of 97.0% 98.6% quarter-end same-store occupancy compared to prior quarter of 98.5% and prior year of 97.1% 17.2% increase in cash rents on new and renewed leases; 23.8% increase year-to-date $472.6 million of acquisitions; $596.1 million year-to-date $59.8 million of acquisitions under contract or letter of intent $102.8 million of dispositions; $386.4 million year-to-date $8.8 million of dispositions under contract Commenced the development of one property with a total expected investment of $54.1 million Completed the development and stabilization of one property with a total expected investment of $39.9 million; year-to-date completed the development and stabilization of two properties with a total expected investment of $81.2 million No shares of common stock issued under the ATM during the third quarter BELLEVUE, Wash., October 07, 2025--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the third quarter of 2025. Operating As of September 30, 2025, Terreno Realty Corporation owned 307 buildings aggregating approximately 20.2 million square feet and 44 improved land parcels consisting of approximately 146.4 acres leased to 676 customers: The operating portfolio was 96.2% leased at September 30, 2025 as compared to 97.7% at June 30, 2025 and 97.0% at September 30, 2024. Occupancy at September 30, 2025 included 381,000 square feet (approximately 190bps) of vacancy acquired as part of a multi-market portfolio; The same-store portfolio of approximately 14.1 million square feet was 98.6% leased at September 30, 2025 as compared to 98.5% at June 30, 2025 and 97.1% at September 30, 2024; The improved land portfolio of 44 parcels totaling approximately 146.4 acres was 93.6% leased at September 30, 2025 as compared to 95.1% at June 30, 2025 and 98.1% at September 30, 2024; Cash rents on new and renewed leases totaling approximately 0.6 million square feet and 8.0 acres of improved land commencing during the third quarter increased approximately 17.2% with a tenant retention ratio of 68.7% for the operating portfolio and 100.0% for the improved land portfolio. Cash rents on new and renewed leases totaling approximat...

As of 2026-05-18 • Updated weeklySource: Earnings sourceIngestion runbook