Logo image of TCN.CA

Tricon Residential Inc (TCN.CA) Stock Price, Forecast & Analysis

Canada - TSX:TCN - CA89612W1023 - Common Stock

15.34 CAD
-0.12 (-0.78%)
Last: 5/2/2024, 7:00:00 PM

TCN.CA Key Statistics, Chart & Performance

Key Statistics
Market Cap4.55B
Revenue(TTM)849.71M
Net Income(TTM)114.24M
Shares296.79M
Float259.62M
52 Week High15.57
52 Week Low9.03
Yearly Dividend0.35
Dividend Yield1.99%
EPS(TTM)0.78
PE19.67
Fwd PE38.28
Earnings (Next)08-06 2024-08-06/amc
IPO2010-05-17
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)


TCN.CA short term performance overview.The bars show the price performance of TCN.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40 50

TCN.CA long term performance overview.The bars show the price performance of TCN.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 20 30 40

The current stock price of TCN.CA is 15.34 CAD. In the past month the price increased by 1.52%. In the past year, price increased by 42.57%.

Tricon Residential Inc / TCN Daily stock chart

TCN.CA Latest News, Press Relases and Analysis

TCN.CA Competitors/Peers

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SVI-DB-B.CA STORAGEVAULT CANADA N/A 36.88B
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MRC.CA MORGUARD CORP 6.59 1.24B
MPC.CA MADISON PACIFIC PROP INC-B 14.45 326.44M
PKT.CA PARKIT ENTERPRISE INC 9.33 120.86M
IVQ.CA INVESQUE INC N/A 109.69M
HMT.CA HALMONT PROPERTIES CORP 12 90.66M
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NXLV.CA NEXLIVING COMMUNITIES INC 3.51 80.42M

About TCN.CA

Company Profile

TCN logo image Tricon Residential, Inc. is a residential real estate investment company, which engages in renting homes and apartments. The company is headquartered in Toronto, Ontario and currently employs 1,010 full-time employees. The company went IPO on 2010-05-17. The firm is an owner and operator of single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. Its segments include Single-Family Rental, Adjacent Businesses (which includes multi-family rental properties and residential developments), and Private Funds and Advisory. Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Adjacent Businesses includes owning, designing, developing and operating premier multi-family rental properties in Toronto. This segment also includes Tricon's investments in United States residential developments. Private Funds and Advisory business include providing asset management, property management and development management services. The firm's asset management services are provided to investment vehicles that own the single-family rental homes and residential developments.

Company Info

Tricon Residential Inc

7 St. Thomas Street, Suite 801

TORONTO ONTARIO M5S 2B7 CA

CEO: Gary Berman

Employees: 1010

TCN Company Website

Phone: 14163232482

Tricon Residential Inc / TCN.CA FAQ

Can you describe the business of Tricon Residential Inc?

Tricon Residential, Inc. is a residential real estate investment company, which engages in renting homes and apartments. The company is headquartered in Toronto, Ontario and currently employs 1,010 full-time employees. The company went IPO on 2010-05-17. The firm is an owner and operator of single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. Its segments include Single-Family Rental, Adjacent Businesses (which includes multi-family rental properties and residential developments), and Private Funds and Advisory. Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Adjacent Businesses includes owning, designing, developing and operating premier multi-family rental properties in Toronto. This segment also includes Tricon's investments in United States residential developments. Private Funds and Advisory business include providing asset management, property management and development management services. The firm's asset management services are provided to investment vehicles that own the single-family rental homes and residential developments.


What is the current price of TCN stock?

The current stock price of TCN.CA is 15.34 CAD. The price decreased by -0.78% in the last trading session.


What is the dividend status of Tricon Residential Inc?

Tricon Residential Inc (TCN.CA) has a dividend yield of 1.99%. The yearly dividend amount is currently 0.35.


How is the ChartMill rating for Tricon Residential Inc?

TCN.CA has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Can you provide the sector and industry classification for Tricon Residential Inc?

Tricon Residential Inc (TCN.CA) operates in the Real Estate sector and the Real Estate Management & Development industry.


How is the valuation of Tricon Residential Inc (TCN.CA) based on its PE ratio?

The PE ratio for Tricon Residential Inc (TCN.CA) is 19.67. This is based on the reported non-GAAP earnings per share of 0.78 and the current share price of 15.34 CAD.


Who owns Tricon Residential Inc?

You can find the ownership structure of Tricon Residential Inc (TCN.CA) on the Ownership tab.


TCN.CA Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to TCN.CA. When comparing the yearly performance of all stocks, TCN.CA is one of the better performing stocks in the market, outperforming 83.74% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

TCN.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to TCN.CA. TCN.CA has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

TCN.CA Financial Highlights

Over the last trailing twelve months TCN.CA reported a non-GAAP Earnings per Share(EPS) of 0.78. The EPS decreased by -66.47% compared to the year before.


Industry RankSector Rank
PM (TTM) 13.44%
ROA 0.86%
ROE 2.96%
Debt/Equity 1.48
Chartmill High Growth Momentum
EPS Q2Q%36.36%
Sales Q2Q%15.69%
EPS 1Y (TTM)-66.47%
Revenue 1Y (TTM)5.48%

TCN.CA Forecast & Estimates

9 analysts have analysed TCN.CA and the average price target is 12.26 CAD. This implies a price decrease of -20.07% is expected in the next year compared to the current price of 15.34.

For the next year, analysts expect an EPS growth of -48.61% and a revenue growth 6.66% for TCN.CA


Analysts
Analysts71.11
Price Target12.26 (-20.08%)
EPS Next Y-48.61%
Revenue Next Year6.66%

TCN.CA Ownership

Ownership
Inst Owners36.51%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A