Terreno Realty (TRNO)

• Market cap: $6.66B
• 1 day: 0.45%
• 5 days: -0.42%
• 1 month: 4.29%
• 3 months: 11.44%
• 6 months: -2.44%
• Year to date: 16.93%
• 1 year: 6.42%
• 5 years: 8.12%
• 10 years: 191.95%
• Sector: Real Estate
• Industry: Real Estate

Fund manager confidence

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

39% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 41

26% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 107

7.44% more ownership

Funds ownership: 107.21% [Q3] → 114.66% (+7.44%) [Q4]

2% more funds holding

Funds holding: 322 [Q3] → 327 (+5) [Q4]

2% less capital invested

Capital invested by funds: $6.92B [Q3] → $6.76B (-$156M) [Q4]

67% less funds holding in top 10

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

Research analyst outlook

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

• Low target: $60 11% downside
• Avg. target: $70 4% upside
• High target: $78 16% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Goldman Sachs Caitlin Burrows 42% 1-year accuracy 10 / 24 met price target	15% upside $77	Buy Upgraded	21 Feb 2025
BMO Capital John Kim 63% 1-year accuracy 10 / 16 met price target	9% upside $73	Market Perform Maintained	12 Feb 2025
JMP Securities Mitch Germain 53% 1-year accuracy 20 / 38 met price target	7% upside $72	Market Outperform Reiterated	10 Feb 2025
Piper Sandler Alexander Goldfarb 48% 1-year accuracy 21 / 44 met price target	16% upside $78	Overweight Maintained	6 Feb 2025
Deutsche Bank Omotayo Okusanya 69% 1-year accuracy 9 / 13 met price target	11% downside $60	Hold Initiated	14 Jan 2025