TRNO

Terreno Realty Corporation

Real Estate · $7.1B market cap

Verdict

Share price

$64.54

close of Oct 3, 2026

Fair value

$54.65

Sticker Price

Payback Price

$21.86

buy price

Overpriced

TRNO is Overpriced: at $64.54 it trades 18% above its fair value of $54.65. Its buy price (Payback Price) is $21.86, 66% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth31.2% a year✓
Equity per share growth7.5% a year✗
Sales growth18.0% a year✓
Free cash flow growth23.7% a year✓
Return on invested capital3.5%✗

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Insider activity

Since Aug 3, 2026: no open-market purchases, 3 sales worth $1.1M and 8 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Terreno Realty Corporation

Terreno Realty Corporation, together with its subsidiaries, focuses on the acquisition, ownership, and management of industrial real estate assets. Their operations are strategically located in six key coastal U.S. markets: Los Angeles, the Northern New Jersey/New York City metropolitan area, the San Francisco Bay Area, Seattle, Miami, and Washington, D.C. It should be noted that all measurements concerning property…

REIT - Industrial

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

TRNO stock (Terreno Realty Corporation): fair value $54.65, Overpriced — PaybackPrice