
Terreno Realty (TRNO) Stock Forecast & Price Target
Terreno Realty (TRNO) Analyst Ratings
Bulls say
Terreno Realty Corp has demonstrated strong financial fundamentals, highlighted by a consistent average of 11% same-store growth since its IPO, indicating robust portfolio performance over time. The company's occupancy rates have shown positive trends, with a quarterly increase of 100 basis points to 98.3%, and solid leasing activity reflects growing demand in the industrial real estate sector. Additionally, the anticipated acquisition activity of approximately $700 million further supports a favorable outlook, as the company continues to strategically prioritize growth while maintaining a premium valuation that facilitates accretive investments.
Bears say
Terreno Realty Corp experienced a significant decline in full-year rent spreads, averaging 37% compared to 56% from the previous year, indicating potential difficulties in maintaining pricing power amid current market conditions. Additionally, the cash basis same-store NOI growth decreased to 7.8% year-over-year, down from over 13%, reflecting weakening operational performance and concerns about future rental trends amidst economic uncertainty. Moreover, external risks, including rising interest rates and competition, compound the challenges the company faces in sustaining its profitability, highlighting a negative outlook for the stock.
This aggregate rating is based on analysts' research of Terreno Realty and is not a guaranteed prediction by Public.com or investment advice.
Terreno Realty (TRNO) Analyst Forecast & Price Prediction
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