TRNO — Terreno Realty Corporation

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Terreno Realty Corporation

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets. It includes New York City, Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$66.75
Market Cap$7.02B
Float104.2M
Shares Outstanding105.7M
P/E (Forward)80.00
P/E (TTM)16.15
Price/Sales (TTM)14.31
vs. Analyst Target+5.2% to analyst PT
Profit Margin86.52%
Operating Margin (TTM)40.74%
Revenue (TTM)$490M
Earnings Growth (YoY)40.20%
Dividend Rate2.1%
Analyst Target Price$70.24 (18 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $187M $79.8M $138M $109M
2021 $222M $87.3M $166M $156M
2022 $276M $198M $207M $288M
2023 $324M $151M $245M $249M
2024 $383M $184M $285M $299M
2025 $476M $403M $361M $557M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $112M $93.3M
Sep 2025 $116M $103M
Dec 2025 $137M $158M
Mar 2026 $124M $69.4M

Ownership & Float

Insider Ownership1.9%
Institutional Ownership111.8%
Short Float6.2%
% of All Funds Holding4.19%
Number of Funds Holding344

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$64.97Near-term / short-term trend
Weekly40-Week SMA$62.00Medium-term trend
Weekly80-Week SMA$60.85Cyclical trend (business cycle)
Weekly200-Week SMA$60.77Secular trend (multi-year)
Monthly10-Month SMA$61.41Near-term monthly trend
Monthly20-Month SMA$60.73Medium-term monthly trend
Monthly40-Month SMA$60.98Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Volume shelf data not available.

Historical Earnings Reactions (65 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.48% 0.36% 69.23% 4.84% -2.58%
1 Day 0.73% 0.82% 67.69% 7.15% -4.33%
1 Week 0.56% 0.69% 60.00% 6.59% -11.95%
2 Weeks 0.42% 0.84% 63.08% 6.76% -15.09%
1 Month 0.93% 1.29% 65.63% 8.57% -12.50%

Next earnings: May 6, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.1%50.0%16
Feb0.8%56.3%16
Mar1.0%76.5%17
Apr-0.1%41.2%17
May-0.4%56.3%16
Jun0.8%43.8%16
Jul3.5%50.0%16
Aug-0.1%50.0%16
Sep-3.2%31.3%16
Oct2.2%56.3%16
Nov2.5%75.0%16
Dec0.9%43.8%16

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.05% 48.2% 766
Tuesday 0.04% 49.2% 843
Wednesday -0.01% 49.3% 839
Thursday 0.10% 54.2% 825
Friday 0.13% 53.5% 823

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 111.8%

Insider Transactions — Smart Summary

Total insider ownership: 1.9%

Founder-led management: Blake Baird (Co-Founder, Chairman & CEO), Mike Coke (Co-Founder, President & Director)

12-Month Insider Activity Summary

Total Filings3
Net Value-$1.3M
Net Shares Change-21,758
% of Float-0.0%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
COKE MICHAEL A President -$539,600 1 1 sell
Cannon Jaime Jackson CFO -$461,930 1 1 sell
Meyer John Tull EVP -$285,242.1 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-10 Cannon Jaime Jackson CFO -$461,930 Transaction at $65.99, now +1.2%
2025-11-07 Meyer John Tull EVP -$285,242.1 Transaction at $59.95, now +11.3%
2025-08-14 COKE MICHAEL A President -$539,600 Transaction at $53.96, now +23.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Terreno Realty Corporation (TRNO) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for TRNO on Trend Edge →