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TRNO - Terreno Realty Corporation

Real Estate

Price History

About

Industry

REIT - Industrial

Employees

47

Headquarters

United States


Company Overview

Terreno Realty Corporation an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The firm announced today that it has executed new renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida. Countyline Corporate Park Buildings 26 and 28 total 422,000 square feet and are currently 100% leased to six tenants with 83,000 square feet expiring April 2027. To facilitate the new leases, Terreno Realty Corporation has executed an early termination effective July 31, 2026, with the tenant that was to expire April 2027. A provider of turbine engine disassembly, repair, logistics and storage services will relocate from 106,000 square feet in Building 28 expiring April 2030 to 83,000 square feet in Building 26. The lease will commence August 1, 2026, and expire March 2035. Terreno Realty Corporation has executed an early renewal and expansion lease with a global wholesale packaging provider in Building 28. The early renewal for 43,000 square feet will commence October 1, 2027, and expire January 2035. The expansion lease for 106,000 square feet is expected to commence November 1, 2026, and will expire in January 2035. After commencement of the new leases Countyline Corporate Park Buildings 26 and 28 will be 100% leased to five tenants. 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. Terreno Realty Corporation was incorporated on 6th November 2009 and is based in Bellevue, United States.

Price

$68.18

52-Week Range

$54 $79

Dividend Yield

3.34%

Dividend Score

B

Dividend

Yield 3.34%
Annual $2.28
Payout 56%
5Y Avg 2.71%

Valuation

P/E (TTM) 18.3
Fwd P/E 38.6
P/B 1.68
PEG N/A

Profitability

Profit Margin 77.3%
Op Margin 41.8%
ROE 9.3%
ROA 2.4%

Financial Health

Current Ratio 0.62
Quick Ratio 0.61
Debt/Equity 21%

Cash Flow

Free CF $320M
Op CF $287M
Total Cash $51M

Performance (12M)

Price Change +25.82%
Total Return +29.65%

Analyst Consensus

Buy

17 analysts

Target: $73 $56 - $91
+7.7% implied

Annual Return Breakdown

Dividend Growth

Most Recent Annual Growth

7.45%

3-Year Avg Growth

10.97%

5-Year Avg Growth

12.57%

Annual Dividends

Year-over-Year Growth

Recent Dividend History

Ex-Dividend Date Amount
Jun 26, 2026 $0.5200
Mar 27, 2026 $0.5200
Dec 15, 2025 $0.5200
Sep 29, 2025 $0.5200
Jun 27, 2025 $0.4900
Mar 27, 2025 $0.4900
Dec 13, 2024 $0.4900
Sep 30, 2024 $0.4900
Jun 28, 2024 $0.4500
Mar 27, 2024 $0.4500
Dec 14, 2023 $0.4500
Sep 28, 2023 $0.4500
Jun 29, 2023 $0.4000
Mar 30, 2023 $0.4000
Dec 29, 2022 $0.4000
Sep 29, 2022 $0.4000
Jun 29, 2022 $0.3400
Mar 24, 2022 $0.3400
Dec 14, 2021 $0.3400
Sep 30, 2021 $0.3400