Analyst Price Target is $69.22
▲ +17.35% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Terreno Realty in the last 3 months. The average price target is $69.22, with a high forecast of $75.00 and a low forecast of $62.00. The average price target represents a 17.35% upside from the last price of $58.99.
Current Consensus is
Hold
The current consensus among 10 contributing investment analysts is to hold stock in Terreno Realty. This rating has held steady since August 2024, when it changed from a Moderate Buy consensus rating.
Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land parcels consisting of approximately 152.4 acres, seven properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), commencing with its taxable year ended December 31, 2010.
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