Terreno Realty (TRNO)

• Market cap: $6.46B
• 1 day: -0.57%
• 5 days: -0.60%
• 1 month: -7.51%
• 3 months: 6.36%
• 6 months: -6.13%
• Year to date: 9.29%
• 1 year: -5.53%
• 5 years: 22.11%
• 10 years: 177.20%
• Sector: Real Estate
• Industry: Real Estate

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 41

29% more repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 107

11.28% more ownership

Funds ownership: 107.24% [Q3] → 118.53% (+11.28%) [Q4]

3% more funds holding

Funds holding: 323 [Q3] → 332 (+9) [Q4]

2% less capital invested

Capital invested by funds: $6.92B [Q3] → $6.78B (-$142M) [Q4]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $57 9% downside
• Avg. target: $69 10% upside
• High target: $78 24% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

Barclays Brendan Lynch 40% 1-year accuracy 12 / 30 met price target	9% downside $57	Equal-Weight Maintained	25 Mar 2025
Scotiabank Greg McGinniss 27% 1-year accuracy 4 / 15 met price target	8% upside $68	Sector Perform Maintained	28 Feb 2025
Goldman Sachs Caitlin Burrows 46% 1-year accuracy 12 / 26 met price target	23% upside $77	Buy Upgraded	21 Feb 2025
BMO Capital John Kim 71% 1-year accuracy 12 / 17 met price target	16% upside $73	Market Perform Maintained	12 Feb 2025
JMP Securities Mitch Germain 60% 1-year accuracy 25 / 42 met price target	15% upside $72	Market Outperform Reiterated	10 Feb 2025