Terreno Realty Corporation

TRNONYSEReal EstateREIT - Industrial

$63.93- (-)1Y +6.78%

As of Oct 15, 2026 close

Market cap: $6.82B
P/E (TTM): 17.57
Forward P/E: 11.25
Dividend yield: 3.33%
52-week range: $56.09$78.94
Volume (live): -
Avg. volume (3M): 728.28K

Terreno Realty Corporation (TRNO) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Terreno Realty Corporation stock.

Analyst Consensus Rating

Investment consensus from 12 professional research analysts

Consensus Rating

Buy

Based on 12 unique analysts

High Confidence7.0:1 Buy/Sell

Average Price Target

$74.20

+16.06% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest TRNO Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 1, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 28, 2026	Brendan Lynch	Barclays	Maintains	Hold	$69.00
Sep 22, 2026	Moumita C. Chattopadhyay	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 21, 2026	John Kim	BMO Capital	Maintains	Hold	$74.00
Sep 1, 2026	James Feldman	Wells Fargo	Reiterates	Hold	$64.00 → $70.00 +6.00 (+9.4%)
Aug 19, 2026	Vikram Malhotra	Mizuho	Maintains	Sell	$56.00 → $60.00 +4.00 (+7.1%)
Aug 17, 2026	Richard Anderson	Cantor Fitzgerald	Reiterates	Buy	$75.00 → $77.00 +2.00 (+2.7%)
Aug 12, 2026	Todd Thomas	KeyBanc	Reiterates	Buy	$72.00 → $75.00 +3.00 (+4.2%)
Aug 10, 2026	Nicholas Joseph	Citi	Maintains	Hold	$70.00 → $73.00 +3.00 (+4.3%)
Aug 7, 2026	Greg McGinniss	Scotiabank	Maintains	Buy	$68.00
Aug 6, 2026	Alexander Goldfarb	Piper Sandler	Maintains	Buy	$91.00
Jul 24, 2026	Caitlin Burrows	Goldman Sachs	Initiates Coverage	Buy	$75.00 → $85.00 +10.00 (+13.3%)

Zacks Equity Research

BuyInitiates Coverage

Oct 1

Brendan Lynch

Barclays

HoldMaintains

$69.00

Sep 28

Moumita C. Chattopadhyay

Zacks Equity Research

BuyInitiates Coverage

Sep 22

John Kim

BMO Capital

HoldMaintains

$74.00

Sep 21

James Feldman

Wells Fargo

HoldReiterates

$64.00 → $70.00

Sep 1

Vikram Malhotra

Mizuho

SellMaintains

$56.00 → $60.00

Aug 19

Richard Anderson

Cantor Fitzgerald

BuyReiterates

$75.00 → $77.00

Aug 17

Todd Thomas

KeyBanc

BuyReiterates

$72.00 → $75.00

Aug 12

Nicholas Joseph

Citi

HoldMaintains

$70.00 → $73.00

Aug 10

Greg McGinniss

Scotiabank

BuyMaintains

$68.00

Aug 7

Alexander Goldfarb

Piper Sandler

BuyMaintains

$91.00

Aug 6

Caitlin Burrows

Goldman Sachs

BuyInitiates Coverage

$75.00 → $85.00

Jul 24

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 1, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for TRNO?

The analyst consensus rating for TRNO is Buy, based on the latest ratings from 12 analysts over the last 90 days.

What is the average price target for TRNO?

The average 12-month price target for TRNO is $74.20, representing an upside of 16.1% from the Oct 15, 2026 close of $63.93.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.