Cantor Fitzgerald has initiated coverage on Terreno Realty Corp (TRNO) with an Overweight rating, marking its first assessment of the company. This decision reflects the firm's analysis of Terreno's business model, industry dynamics, and growth prospects.
Headquartered in San Francisco, California, Terreno Realty Corp specializes in the acquisition, ownership, and operation of industrial properties. The company targets functional real estate in infill locations, catering to various tenants' needs across multiple submarkets. Its portfolio includes key properties such as Terreno 3500 West MacArthur Boulevard and Terreno 11100 Hindry Avenue.
Currently, TRNO's stock is priced at $61.77, and the company boasts a market capitalization of $6.2 billion. With a price-to-earnings ratio of 19.18 and an impressive dividend yield of 349.4%, the firm has demonstrated strong financial performance. Recent earnings reports show significant surprises, including a Q3 2025 EPS of $1.00, surpassing estimates by 169.8%.
Analyst ratings like this one provide insights based on thorough research and financial modeling. However, investors should consider multiple factors, including company fundamentals and market trends, before making decisions. As new information becomes available, these ratings can change, and differing opinions may arise among analysts.
Terreno Realty Corp is set to report its upcoming earnings on August 4, 2026, with an EPS estimate of $0.37 and revenue expectations of $126.5 million.
This update provides insight into how analysts view the potential of Terreno Realty Corp in the current market landscape.