Terreno Realty Future Growth

Future criteria checks 2/6

Terreno Realty is forecast to grow earnings and revenue by 9.9% and 14.6% per annum respectively. EPS is expected to decline by 2.9% per annum. Return on equity is forecast to be 4% in 3 years.

Key information

9.9%

Earnings growth rate

-2.9%

EPS growth rate

Industrial REITs earnings growth	12.9%
Revenue growth rate	14.6%
Future return on equity	4.0%
Analyst coverage	Good
Last updated	17 Nov 2024

Recent future growth updates

Recent updates

Terreno Realty: Valuation Premium Makes It Inferior Pick In The Industrial Sector

Sep 09

Earnings and Revenue Growth Forecasts

NYSE:TRNO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	508	198	N/A	N/A	6
12/31/2025	435	168	N/A	N/A	9
12/31/2024	381	145	N/A	N/A	8
9/30/2024	365	165	220	220	N/A
6/30/2024	349	159	204	204	N/A
3/31/2024	334	163	188	188	N/A
12/31/2023	324	151	180	180	N/A
9/30/2023	313	152	175	175	N/A
6/30/2023	301	144	167	167	N/A
3/31/2023	287	201	154	154	N/A
12/31/2022	276	197	143	143	N/A
9/30/2022	261	171	143	143	N/A
6/30/2022	247	170	136	136	N/A
3/31/2022	235	90	134	134	N/A
12/31/2021	222	87	132	132	N/A
9/30/2021	210	68	122	122	N/A
6/30/2021	200	70	115	115	N/A
3/31/2021	192	83	105	105	N/A
12/31/2020	187	79	101	101	N/A
9/30/2020	183	81	104	104	N/A
6/30/2020	179	73	96	96	N/A
3/31/2020	175	53	97	97	N/A
12/31/2019	171	55	95	95	N/A
9/30/2019	165	63	89	89	N/A
6/30/2019	160	59	86	86	N/A
3/31/2019	155	68	83	83	N/A
12/31/2018	152	63	78	78	N/A
9/30/2018	147	51	73	73	N/A
6/30/2018	143	60	N/A	72	N/A
3/31/2018	138	54	N/A	68	N/A
12/31/2017	132	49	N/A	69	N/A
9/30/2017	128	39	N/A	66	N/A
6/30/2017	121	22	N/A	62	N/A
3/31/2017	114	10	N/A	57	N/A
12/31/2016	108	11	N/A	49	N/A
9/30/2016	103	10	N/A	47	N/A
6/30/2016	100	11	N/A	45	N/A
3/31/2016	98	19	N/A	45	N/A
12/31/2015	96	11	N/A	42	N/A
9/30/2015	90	13	N/A	38	N/A
6/30/2015	84	12	N/A	35	N/A
3/31/2015	76	5	N/A	29	N/A
12/31/2014	69	7	N/A	29	N/A
9/30/2014	63	5	N/A	27	N/A
6/30/2014	57	2	N/A	21	N/A
3/31/2014	51	0	N/A	17	N/A
12/31/2013	46	-1	N/A	13	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRNO's forecast earnings growth (9.9% per year) is above the savings rate (2.6%).

Earnings vs Market: TRNO's earnings (9.9% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: TRNO's earnings are forecast to grow, but not significantly.

Revenue vs Market: TRNO's revenue (14.6% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: TRNO's revenue (14.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TRNO's Return on Equity is forecast to be low in 3 years time (4%).

Terreno Realty Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 13%

Price target increased by 7.0% to US$70.64

Price target decreased to US$65.30

Price target decreased to US$65.70

Recent updates

Third quarter dividend of US$0.49 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Terreno Realty Corporation Declares Regular Cash Dividend for the Quarter Ending December 31, 2024, Payable on January 7, 2025

Terreno Realty Corporation Announces Development Start in Hialeah, FL

Upcoming dividend of US$0.49 per share

Terreno Realty: Valuation Premium Makes It Inferior Pick In The Industrial Sector

Terreno Realty Corporation has filed a Follow-on Equity Offering in the amount of $500 million.

Executive VP & COO recently sold US$422k worth of stock

Executive VP & COO notifies of intention to sell stock

Second quarter dividend of US$0.49 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Terreno Realty Corporation Declares a Regular Cash Dividend for the Quarter Ending September 30, 2024, Payable on October 11, 2024

Upcoming dividend of US$0.45 per share

Terreno Realty: Nominal Growth Over Per Share Growth

Terreno Realty Corporation Announces Addition of Constance Von Muehlen as an Independent Director

First quarter dividend of US$0.45 announced

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Terreno Realty Corporation Declares Cash Dividend for the Quarter Ending June 30, 2024, Payable on July 12, 2024

Terreno Realty Corporation (NYSE:TRNO) completed the acquisition of Portfolio of industrial properties located in New York, Northern New Jersey, San Francisco Bay Area.

Terreno Realty Corporation Announces Development Completion in Hialeah, FL

Terreno Realty: Too Much Focus On Growth Vs. Growth Per Share

Terreno Realty Corporation (NYSE:TRNO) acquired Industrial property in Alexandria, Virginia for $84.3 million.

Terreno Realty Corporation Announces Development Start in Hialeah, FL

Terreno Realty Corporation has completed a Follow-on Equity Offering in the amount of $341 million.

Terreno Realty Corporation has completed a Follow-on Equity Offering in the amount of $341 million.

Terreno Realty Corporation, Annual General Meeting, May 07, 2024

Upcoming dividend of US$0.45 per share

Terreno Realty: Attractive Financials But Overvalued (Rating Downgrade)

New major risk - Revenue and earnings growth

Fourth quarter dividend of US$0.45 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Terreno Realty Corporation Declares Quarterly Dividend, Payable on April 5, 2024

Terreno Realty Corporation Announces the Promotion of John Meyer to Chief Operating Officer

Terreno Realty: Quality Is Expensive

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.45 per share at 3.1% yield

New major risk - Revenue and earnings growth

Terreno Realty Corporation Declares Cash Dividend for the Quarter Ending December 31, 2023, Payable on January 5, 2024

Terreno Realty Corporation (NYSE:TRNO) acquired Industrial Property Located in Red Hook, Brooklyn, New York for $27.5 million.

Terreno Realty Corporation (NYSE:TRNO) acquired Property in Redondo Beach, CA for approximately $45.7 million.

Terreno Realty: Buy The Dip On This Top Industrial Player

Upcoming dividend of US$0.45 per share at 3.1% yield

Terreno Realty Corporation (NYSE:TRNO) acquired Property in Santa Ana, CA for approximately $14.8 million.

Co-Founder recently sold US$596k worth of stock

Consensus EPS estimates increase by 13%

Co-Founder notifies of intention to sell stock

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Terreno Realty Corporation Increases Quarterly Dividend, Payable on October 13, 2023

Terreno Realty: Great Company At A Hefty Price

Upcoming dividend of US$0.40 per share at 2.7% yield

Terreno Realty Corporation (NYSE:TRNO) acquired Industrial property located in Washington, D.C. for $13.4 million.

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Terreno Realty Corporation Declares Quarterly Dividend, payable on July 14, 2023

Price target increased by 7.0% to US$70.64

Here's Why Terreno Realty (NYSE:TRNO) Has Caught The Eye Of Investors

Terreno Realty acquires property for $173.6M

Huge AFFO Growth Poised To Continue At Terreno

Terreno Realty Corporation has completed a Follow-on Equity Offering in the amount of $312.5 million.

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Terreno Realty stock falls 3% after hours on 5M share offering

Terreno Realty Corporation Declares Quarterly Dividend, Payable on April 6, 2023

Terreno Realty reports $59.4M acquisitions in Q4, 98.6% occupancy

Terreno Realty Corporation (NYSE:TRNO) acquired Industrial property in Rancho Dominguez, California for $22.4 million.

An unknown buyer acquired Industrial Property at 20 Pulaski Street in Bayonne from Terreno Realty Corporation (NYSE:TRNO) for $24.3 million.

Terreno Realty sells industrial property in New Jersey for $24.3M

Upcoming dividend of US$0.40 per share

Terreno Realty signs lease renewal in Commerce, California

Terreno Realty Corporation Appoints Irene H. Oh as an Independent Director, Effective January 1, 2023

Independent Director recently sold US$234k worth of stock

Terreno Realty Corporation (NYSE:TRNO) acquired Industrial property located in Elizabeth, New Jersey for $15.4 million.