Terreno RealtyTRNO
TRNO
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 25
12% more capital invested
Capital invested by funds: $6.19B [Q2] → $6.92B (+$725M) [Q3]
6% more funds holding
Funds holding: 305 [Q2] → 322 (+17) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
1.29% less ownership
Funds ownership: 108.51% [Q2] → 107.21% (-1.29%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 137
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
2%
downside
Avg. target
$65
6%
upside
High target
$72
18%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Deutsche Bank Omotayo Okusanya 67% 1-year accuracy 14 / 21 met price target | 2%downside $60 | Hold Initiated | 14 Jan 2025 |
Barclays Brendan Lynch 44% 1-year accuracy 15 / 34 met price target | 2%downside $60 | Equal-Weight Downgraded | 13 Jan 2025 |
JMP Securities Mitch Germain 46% 1-year accuracy 19 / 41 met price target | 18%upside $72 | Market Outperform Reiterated | 6 Jan 2025 |
Scotiabank Greg McGinniss 33% 1-year accuracy 4 / 12 met price target | 9%upside $67 | Sector Perform Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 16 articles about TRNO published over the past 30 days
Positive
Zacks Investment Research
7 hours ago
Terreno Sells Property in California, Boosts Financial Flexibility
TRNO disposes of an industrial building in South San Francisco, aiming to achieve financial flexibility and long-term growth.
Neutral
Business Wire
3 days ago
Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million.
Positive
CNBC Television
5 days ago
California REITs see rating upgrades in the wake of fires
CNBC's Diana Olick reports on REIT performance post-California wildfires.
Positive
Seeking Alpha
6 days ago
5 Signs Of Unmatched Quality In Terreno Realty
Terreno's insider ownership, strategic property locations, and low leverage set it apart, with management demonstrating excellent capital allocation and property flipping skills. Terreno's valuation, though higher than peers, is justified by its historic and forward AFFO growth, minimal debt, and limited shareholder dilution. Risks include high interest rates, reliance on industrial trends, and key man risk, but Terreno's fundamentals and management quality make it a strong buy.
Neutral
Zacks Investment Research
1 week ago
Terreno Realty Sells Industrial Property in Union City
TRNO concludes the sale of an industrial property in Union City, CA, for $16.9 million to pave the way for financial flexibility.
Neutral
Business Wire
1 week ago
Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million.
Neutral
Business Wire
1 week ago
Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
BELLEVUE, Wash.--(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 2024. Operating As of December 31, 2024, Terreno Realty Corporation owned 299 buildings aggregating approximately 19.3 million square feet and 47 improved land parcels consisting of approximately 150.6 acres leased to 670 customers: Th.
Negative
Seeking Alpha
2 weeks ago
REITs Say 'Good Riddance' To 2024
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finished lower by 0.5% on the week, requiring a late-week rebound to pare steep declines following a historically ugly stretch of losses in the Christmas-to-New-Year period. Treasury yields posted a weekly decline for the first time in a month, pressured by a relatively weak slate of economic data, including soft PMI employment metrics and mortgage demand.
Positive
Zacks Investment Research
2 weeks ago
Terreno Continues Acquisitions, Acquires Maspeth Queens Property
Terreno's recent spate of acquisitions of industrial properties is likely to aid it in banking on solid industrial real estate market tailwinds.
Neutral
Business Wire
2 weeks ago
Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million.
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