NYSE:TCN

Tricon Residential Price Target, Predictions & Analyst Ratings

$10.20

+0.31 (+3.13%)

(As of 06/24/2022 07:00 PM 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: 695,700 shs
Average Volume: 843,200 shs
Market Capitalization: $2.79 billion

P/E Ratio: N/A
Dividend Yield: 2.25%
Price Target: $17.97

Tricon Residential (NYSE:TCN) Price Target and Consensus Rating (2022)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$16.54
62.17% Upside

High Price Target	$18.50
Average Price Target	$16.54
Low Price Target	$13.50

Type	Current 6/27/21 to 6/27/22	1 Month Ago 5/28/21 to 5/28/22	3 Months Ago 3/29/21 to 3/29/22	1 Year Ago 6/27/20 to 6/27/21
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$16.54	$16.54	$17.10	$15.00
Predicted Upside	62.17% Upside	25.68% Upside	15.87% Upside	N/A

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TCN Stock Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TCN Stock Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Tricon Residential Stock vs. The Competition

Type	Tricon Residential	Finance Companies	S&P 500
Consensus Rating Score	2.89	2.51	2.52
Consensus Rating	Moderate Buy	Buy	Buy
Predicted Upside	62.17% Upside	68.33% Upside	29.93% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 20 74.07% Underperform Votes 7 25.93%	Avg. Outperform Votes 158 62.70% Avg. Underperform Votes 94 37.30%	Avg. Outperform Votes 840 69.14% Avg. Underperform Votes 375 30.86%

Historical Tricon Residential Price Targets and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/27/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$15.75 ➝ $13.50	+10.57%
5/18/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$18.50 ➝ C$17.00
5/12/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$18.00 ➝ $17.00	+38.89%
5/12/2022	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$18.00 ➝ $17.00	+42.38%
4/14/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$22.50 ➝ C$23.00
12/5/2021	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$16.50	+17.27%
11/11/2021	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tal Woolley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$18.00 ➝ C$20.00
11/11/2021	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$18.50 ➝ C$21.00
11/1/2021	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$16.75	+15.04%

(Data available from 6/27/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Tricon Residential Price Target - Frequently Asked Questions

What is Tricon Residential's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Tricon Residential stock is Moderate Buy based on the current 1 hold rating and 8 buy ratings for TCN. The average twelve-month price prediction for Tricon Residential is $16.54 with a high price target of $18.50 and a low price target of $13.50. Learn more on TCN's analyst rating history.
Do Wall Street analysts like Tricon Residential more than its competitors?: Analysts like Tricon Residential stock more than the stock of other Finance companies. The consensus rating for Tricon Residential is Moderate Buy while the average consensus rating for finance companies is Buy. Learn more on how TCN compares to other companies.
Do MarketBeat users like Tricon Residential more than its competitors?: MarketBeat users like Tricon Residential stock more than the stock of other Finance companies. 74.07% of MarketBeat users gave Tricon Residential an outperform vote while finance companies recieve an average of 62.65% outperform votes by MarketBeat users.

Is Tricon Residential being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Tricon Residential's stock had 1 upgrade and 1 downgrade by analysts.
Does Tricon Residential's stock price have much upside?: According to analysts, Tricon Residential's stock has a predicted upside of 25.68% based on their 12-month price targets.
What analysts cover Tricon Residential?: Tricon Residential has been rated by BMO Capital Markets, Morgan Stanley, Raymond James, Royal Bank of Canada, and TD Securities in the past 90 days.

This page (NYSE:TCN) was last updated on 6/27/2022 by MarketBeat.com Staff

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