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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61

Tricon Residential Stock Forecast, Price & News

$10.20
+0.31 (+3.13%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$9.96
$10.24
50-Day Range
$9.44
$16.05
52-Week Range
$8.49
$17.23
Volume
695,767 shs
Average Volume
990,411 shs
Market Capitalization
$2.79 billion
P/E Ratio
N/A
Dividend Yield
2.27%
Price Target
$17.97
30 days | 90 days | 365 days | Advanced Chart

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TCN Stock Forecast (MarketRank)

Overall MarketRank

2.68 out of 5 stars

Finance Sector

364th out of 1,356 stocks

Real Estate Operators (Except Developers) & Lessors Industry

1st out of 6 stocks

Analyst Opinion: 3.4Community Rank: 4.9Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
Tricon Residential logo

About Tricon Residential (NYSE:TCN)

Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.

TCN Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Real estate operators (except developers) & lessors
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
968
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/15 Dividend
3/30/2022
Dividend Payable
4/15/2022
Last Earnings
5/10/2022
Today
6/26/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Next Earnings (Estimated)
8/09/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$17.97
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
+76.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88888888888889
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$441.74 million
Cash Flow
$1.92 per share
Book Value
$11.22 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.79 billion
Optionable
Not Optionable
Beta
N/A














Tricon Residential Frequently Asked Questions

Should I buy or sell Tricon Residential stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tricon Residential in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Tricon Residential stock.
View analyst ratings for Tricon Residential
or view top-rated stocks.

What is Tricon Residential's stock price forecast for 2022?

9 brokers have issued twelve-month price targets for Tricon Residential's shares. Their TCN stock forecasts range from $13.50 to $23.00. On average, they predict Tricon Residential's share price to reach $17.97 in the next year. This suggests a possible upside of 76.2% from the stock's current price.
View analysts' price targets for Tricon Residential
or view top-rated stocks among Wall Street analysts.

How has Tricon Residential's stock price performed in 2022?

Tricon Residential's stock was trading at $15.28 at the beginning of 2022. Since then, TCN shares have decreased by 33.2% and is now trading at $10.20.
View the best growth stocks for 2022 here
.

When is Tricon Residential's next earnings date?

Tricon Residential is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Tricon Residential
.

How were Tricon Residential's earnings last quarter?

Tricon Residential Inc. (NYSE:TCN) released its quarterly earnings results on Tuesday, May, 10th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.44. The firm had revenue of $138.79 million for the quarter, compared to analyst estimates of $138.60 million.
View Tricon Residential's earnings history
.

How often does Tricon Residential pay dividends? What is the dividend yield for Tricon Residential?

Tricon Residential declared a quarterly dividend on Thursday, May 12th. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.058 per share on Friday, July 15th. This represents a $0.23 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Wednesday, June 29th.
View Tricon Residential's dividend history
.

Is Tricon Residential a good dividend stock?

Tricon Residential(NYSE:TCN) pays an annual dividend of $0.23 per share and currently has a dividend yield of 2.27%.
View Tricon Residential's dividend history.

What guidance has Tricon Residential issued on next quarter's earnings?

Tricon Residential updated its FY 2022 earnings guidance on Wednesday, June, 8th. The company provided earnings per share (EPS) guidance of $0.60-$0.64 for the period. The company issued revenue guidance of -.

Who are Tricon Residential's key executives?

Tricon Residential's management team includes the following people:
  • Mr. Gary Berman, Pres, CEO & Director (Age 47, Pay $2.98M)
  • Mr. Geoffrey Matus B.Comm., J.D., LLB, LLM, Co-Founder & Non Independent Director (Age 73, Pay $599k)
  • Mr. Wissam Francis CPA, Exec. VP & CFO
  • Mr. Jonathan Ellenzweig, Chief Investment Officer
  • Mr. Andrew Carmody, MD of Investments & Head of Sustainability
  • Mr. Kevin Baldridge, Chief Operating Officer
  • Ms. Gina McMullan C.A., CPA, Chief Accounting Officer
  • Ms. Reshma Block, Head of Technology & Innovation (Age 47)
  • Mr. David Veneziano, Chief Legal Officer, Corp. Sec. & Chief Compliance Officer
  • Ms. Kim Ciabattoni, VP of Counsel

What is Tricon Residential's stock symbol?

Tricon Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCN."

Who are Tricon Residential's major shareholders?

Tricon Residential's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank of Montreal Can (7.45%), Wellington Management Group LLP (5.03%), Cohen & Steers Inc. (4.48%), Royal Bank of Canada (3.92%), Vanguard Group Inc. (3.84%) and American Century Companies Inc. (2.34%).

Which institutional investors are selling Tricon Residential stock?

TCN stock was sold by a variety of institutional investors in the last quarter, including Vision Capital Corp, 1832 Asset Management L.P., The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Wellington Management Group LLP, GRS Advisors LLC, Royal Bank of Canada, and Toronto Dominion Bank.

Which institutional investors are buying Tricon Residential stock?

TCN stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Cohen & Steers Inc., Mackenzie Financial Corp, Bank of Montreal Can, CIBC Asset Management Inc, Hillsdale Investment Management Inc., American Century Companies Inc., and Bank of America Corp DE.

How do I buy shares of Tricon Residential?

Shares of TCN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tricon Residential's stock price today?

One share of TCN stock can currently be purchased for approximately $10.20.

How much money does Tricon Residential make?

Tricon Residential (NYSE:TCN) has a market capitalization of $2.79 billion and generates $441.74 million in revenue each year.

How many employees does Tricon Residential have?

Tricon Residential employs 968 workers across the globe.

How can I contact Tricon Residential?

The official website for Tricon Residential is www.triconresidential.com. The company can be reached via phone at (416) 925-7228.

This page (NYSE:TCN) was last updated on 6/26/2022 by MarketBeat.com Staff

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