Tricon Residential Inc (TCN.CA) Stock Price & Overview

TSX:TCN • CA89612W1023

15.34 CAD
-0.12 (-0.78%)
Last: May 2, 2024, 07:00 PM

The current stock price of TCN.CA is 15.34 CAD. Today TCN.CA is down by -0.78%. In the past month the price increased by 1.52%. In the past year, price increased by 42.57%.

TCN.CA Key Statistics

52-Week Range9.03 - 15.57
Current TCN.CA stock price positioned within its 52-week range.
1-Month Range13.54 - 15.57
Current TCN.CA stock price positioned within its 1-month range.
Market Cap
4.553B
P/E
19.67
Fwd P/E
38.28
EPS (TTM)
0.78
Dividend Yield
1.99%

TCN.CA Stock Performance

Today
-0.78%
1 Week
+0.07%
1 Month
+1.52%
3 Months
+3.37%
Longer-term
6 Months +54.02%
1 Year +42.57%
2 Years -2.17%
3 Years +18.18%
5 Years +48.21%
10 Years +101.84%

TCN.CA Stock Chart

Tricon Residential Inc / TCN Daily stock chart

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 Full Technical Analysis Report

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 Full Fundamental Analysis Report

TCN.CA Earnings

On May 7, 2024 TCN.CA reported an EPS of 0.15 and a revenue of 226.41M. The company beat EPS expectations (147.52% surprise) and beat revenue expectations (90.95% surprise).

Next Earnings DateAug 6, 2024
Last Earnings DateMay 7, 2024
PeriodQ4 / 2023
EPS Reported$0.15
Revenue Reported226.41M
EPS Surprise 147.52%
Revenue Surprise 90.95%
TCN.CA Earnings History

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 Forecast & Estimates

TCN.CA Groups

Sector & Classification

Index Membership

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.


Income Statements
Revenue(TTM)849.71M
Net Income(TTM)114.24M
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 financials

TCN.CA Ownership

Ownership
Inst Owners36.51%
Shares296.79M
Float259.62M
Ins OwnersN/A
Short Float %N/A
Short RatioN/A
TCN.CA Ownership

TCN.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Real Estate Operating Companies" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
SVI-DB-C STORAGEVAULT CANADA INC N/A36.714B
SVI-DB-B STORAGEVAULT CANADA N/A36.604B
SVI STORAGEVAULT CANADA INC N/A1.71B
MEQ MAINSTREET EQUITY CORP18.011.683B
MRC MORGUARD CORP6.961.233B
MPC-C MADISON PACIFIC PROP INC-C N/A267.57M
PKT PARKIT ENTERPRISE INC15.29134.089M
IVQ-U INVESQUE INC N/A86.784M
HMT HALMONT PROPERTIES CORP N/A79.743M
NXLV NEXLIVING COMMUNITIES INC N/A68.355M
UFC URBANFUND CORP N/A46.32M
IEI IMPERIAL EQUITIES INC N/A36.194M
YAK MONGOLIA GROWTH GROUP LTD N/A31.825M

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

IPO: 2010-05-17

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.


Can you provide the latest stock price for Tricon Residential Inc?

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.


What is the ChartMill rating of Tricon Residential Inc stock?

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


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.


Can you provide the upcoming dividend date for Tricon Residential Inc?

The next ex-dividend date for Tricon Residential Inc (TCN.CA) is December 28, 2023.


Can you provide the market cap for Tricon Residential Inc?

Tricon Residential Inc (TCN.CA) has a market capitalization of 4.55B CAD. This makes TCN.CA a Mid Cap stock.