TRICON RESIDENTIAL INC (TCN) Stock Price, Forecast & Analysis

USA • New York Stock Exchange • NYSE:TCN • CA89612W1023

11.25 USD
+0.02 (+0.18%)
At close: May 1, 2024
11.23 USD
-0.02 (-0.18%)
After Hours: 5/1/2024, 8:25:04 PM

TCN Key Statistics, Chart & Performance

Key Statistics
Market Cap3.34B
Revenue(TTM)849.71M
Net Income(TTM)114.24M
Shares296.79M
Float259.62M
52 Week High11.25
52 Week Low6.53
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)0.57
PE19.74
Fwd PE38.41
Earnings (Next)05-07
IPO2010-05-17
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
TCN short term performance overview.The bars show the price performance of TCN 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 long term performance overview.The bars show the price performance of TCN in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 20 30

The current stock price of TCN is 11.25 USD. In the past month the price increased by 0.81%. In the past year, price increased by 39.58%.

TRICON RESIDENTIAL INC / TCN Daily stock chart

TCN Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to TCN. When comparing the yearly performance of all stocks, TCN is one of the better performing stocks in the market, outperforming 81.83% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

TCN Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to TCN. There are concerns on the financial health of TCN while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

TCN Financial Highlights

Over the last trailing twelve months TCN reported a non-GAAP Earnings per Share(EPS) of 0.57. 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 Forecast & Estimates

9 analysts have analysed TCN and the average price target is 8.93 USD. This implies a price decrease of -20.62% is expected in the next year compared to the current price of 11.25.

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


Analysts
Analysts71.11
Price Target8.93 (-20.62%)
EPS Next Y-48.61%
Revenue Next Year6.66%

TCN Ownership

Ownership
Inst OwnersN/A
Ins OwnersN/A
Short Float %N/A
Short RatioN/A

TCN Competitors/Peers

The largest stocks on the US markets in the "Real Estate Operating Companies" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
LB LANDBRIDGE CO LLC-A28.634.277B
KW KENNEDY-WILSON HOLDINGS INC N/A1.36B
TCI TRANSCONTINENTAL REALTY INV N/A487.382M
FRPH FRP HOLDINGS INC N/A459.454M
MLP MAUI LAND & PINEAPPLE CO N/A341.699M
ARL AMERICAN REALTY INVESTORS IN N/A288.439M
SEG SEAPORT ENTERTAINMENT GROUP N/A246.137M
OZ BELPOINTE PREP LLC- CLASS A N/A194.5M
SRG SERITAGE GROWTH PROP- A N/A177.971M
LPA LOGISTIC PROPERTIES OF THE A N/A86.05M

About TCN

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 CA

Employees: 1010

TCN Company Website

Phone: 14163232482

TRICON RESIDENTIAL INC / TCN 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 is 11.25 USD. The price increased by 0.18% in the last trading session.


What is the dividend status of TRICON RESIDENTIAL INC?

TCN does not pay a dividend.


What is the ChartMill rating of TRICON RESIDENTIAL INC stock?

TCN has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


How is the valuation of TRICON RESIDENTIAL INC (TCN) based on its PE ratio?

The PE ratio for TRICON RESIDENTIAL INC (TCN) is 19.74. This is based on the reported non-GAAP earnings per share of 0.57 and the current share price of 11.25 USD.


Can you provide the upcoming dividend date for TRICON RESIDENTIAL INC?

The next ex-dividend date for TRICON RESIDENTIAL INC (TCN) is December 28, 2023.


Can you provide the market cap for TRICON RESIDENTIAL INC?

TRICON RESIDENTIAL INC (TCN) has a market capitalization of 3.34B USD. This makes TCN a Mid Cap stock.