TRICON RESIDENTIAL INC (TCN) Stock Price & Overview

NYSE:TCN • CA89612W1023

Current stock price

11.25 USD
+0.02 (+0.18%)
At close:
11.23 USD
-0.02 (-0.18%)
After Hours:

The current stock price of TCN is 11.25 USD. Today TCN is up by 0.18%. In the past month the price increased by 0.81%. In the past year, price increased by 39.58%.

TCN Key Statistics

52-Week Range6.525 - 11.25
Current TCN stock price positioned within its 52-week range.
1-Month Range9.45 - 11.25
Current TCN stock price positioned within its 1-month range.
Market Cap
3.339B
P/E
19.74
Fwd P/E
38.41
EPS (TTM)
0.57
Dividend Yield
N/A

TCN Stock Performance

Today
+0.18%
1 Week
+2.09%
1 Month
+0.81%
3 Months
+2.09%
Longer-term
6 Months +54.32%
1 Year +39.58%
2 Years -9.13%
3 Years N/A
5 Years N/A
10 Years N/A

TCN Stock Chart

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. While TCN is still in line with the averages on profitability rating, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

TCN Earnings

On February 27, 2024 TCN 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 DateMay 7, 2024
Last Earnings DateFeb 27, 2024
PeriodQ4 / 2023
EPS Reported$0.15
Revenue Reported226.41M
EPS Surprise 147.52%
Revenue Surprise 90.95%

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 Groups

Sector & Classification

Index Membership

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.


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 Ownership

Ownership
Inst OwnersN/A
Shares296.79M
Float259.62M
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-A39.435.484B
KW KENNEDY-WILSON HOLDINGS INC N/A1.505B
FRPH FRP HOLDINGS INC N/A436.51M
TCI TRANSCONTINENTAL REALTY INV N/A344.909M
MLP MAUI LAND & PINEAPPLE CO N/A316.235M
SEG SEAPORT ENTERTAINMENT GROUP N/A274.42M
ARL AMERICAN REALTY INVESTORS IN N/A244.834M
OZ BELPOINTE PREP LLC- CLASS A N/A216.945M
SRG SERITAGE GROWTH PROP- A N/A159.386M
MAYS MAYS (J.W.) INC N/A88.88M
INTG INTERGROUP CORP N/A82.195M
LPA LOGISTIC PROPERTIES OF THE A N/A81.637M
NYC AMERICAN STRATEGIC INVESTM-A N/A23.149M

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

IPO: 2010-05-17

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.