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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
TSE:TCN

Tricon Residential (TCN) Stock Price, News & Analysis

C$15.07
-0.02 (-0.13%)
(As of 03/1/2024 ET)
Today's Range
C$15.07
C$15.13
50-Day Range
C$11.65
C$15.12
52-Week Range
C$9.03
C$15.14
Volume
353,088 shs
Average Volume
1.04 million shs
Market Capitalization
C$4.10 billion
P/E Ratio
18.84
Dividend Yield
2.06%
Price Target
C$12.39

Tricon Residential MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
17.8% Downside
C$12.39 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.65mentions of Tricon Residential in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$509,058 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.64 out of 5 stars


TCN stock logo

About Tricon Residential Stock (TSE:TCN)

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential.

TCN Stock Price History

TCN Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
The American Dream in 2024: How Renters Can Grow Wealth, Too
Tricon Residential just downgraded at Wolfe Research, here's why
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Tricon at 52-Week High on Blackstone Deal
TCN:CA Tricon Residential Inc.
Tricon Residential Inc TCN
Tricon Residential (TCN) Receives a Buy from BMO Capital
See More Headlines
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Company Calendar

Ex-Dividend for 1/15 Dividend
12/28/2023
Dividend Payable
1/15/2024
Today
3/03/2024
Next Earnings (Estimated)
5/14/2024

Industry, Sector and Symbol

Industry
Real Estate Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,010
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$12.39
High Stock Price Target
C$15.17
Low Stock Price Target
C$9.00
Potential Upside/Downside
-17.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$205.79 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$856.42 million
Cash Flow
C$0.74 per share
Book Value
C$14.17 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.10 billion
Optionable
Not Optionable
Beta
1.47
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Key Executives

  • Mr. David Berman B.Sc. (Age 76)
    M.B.A., Co-Founder & Executive Chairman
  • Mr. Gary Berman (Age 49)
    President, CEO & Director
  • Mr. Geoffrey Matus B.Comm. (Age 75)
    J.D., LLB, LLM, Co-Founder & Non Independent Director
  • Mr. Wissam Francis CPA
    Executive VP & CFO
  • Mr. Kevin Baldridge
    Executive VP & COO
  • Mr. Jonathan Ellenzweig
    Executive VP & Chief Investment Officer
  • Mr. David Veneziano
    Executive VP, Chief Legal Officer, Corporate Secretary & Chief Compliance Officer
  • Ms. Sherrie Suski
    Executive VP & Chief People Officer
  • Mr. Andrew Joyner
    Managing Director of Investments
  • Mr. Andrew Carmody
    MD of Investments & Head of Sustainability














TCN Stock Analysis - Frequently Asked Questions

Should I buy or sell Tricon Residential stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tricon Residential in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TCN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCN, but not buy additional shares or sell existing shares.
View TCN analyst ratings
or view top-rated stocks.

What is Tricon Residential's stock price target for 2024?

2 brokerages have issued 1 year price objectives for Tricon Residential's shares. Their TCN share price targets range from C$9.00 to C$15.17. On average, they expect the company's share price to reach C$12.39 in the next twelve months. This suggests that the stock has a possible downside of 17.8%.
View analysts price targets for TCN
or view top-rated stocks among Wall Street analysts.

How have TCN shares performed in 2024?

Tricon Residential's stock was trading at C$12.06 at the beginning of 2024. Since then, TCN shares have increased by 25.0% and is now trading at C$15.07.
View the best growth stocks for 2024 here
.

When is Tricon Residential's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our TCN earnings forecast
.

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

Tricon Residential declared a quarterly dividend on Thursday, December 28th. Shareholders of record on Monday, January 15th will be given a dividend of 0.08 per share on Monday, January 15th. This represents a $0.32 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, December 28th. This is a boost from the stock's previous quarterly dividend of C$0.08.
Read our dividend analysis for TCN
.

Is Tricon Residential a good dividend stock?

Tricon Residential (TSE:TCN) pays an annual dividend of C$0.31 per share and currently has a dividend yield of 2.06%. The dividend payout ratio is 38.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TCN.

What other stocks do shareholders of Tricon Residential own?
How do I buy shares of Tricon Residential?

Shares of TCN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TCN) was last updated on 3/3/2024 by MarketBeat.com Staff