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Critical asset just had biggest fall on record (Ad)
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Critical asset just had biggest fall on record (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Critical asset just had biggest fall on record (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
TSE:TCN

Tricon Residential (TCN) Stock Price, News & Analysis

C$15.05
+0.03 (+0.20%)
(As of 02/23/2024 08:55 PM ET)
Today's Range
C$14.97
C$15.05
50-Day Range
C$11.65
C$15.05
52-Week Range
C$9.03
C$15.05
Volume
474,362 shs
Average Volume
1.06 million shs
Market Capitalization
C$4.10 billion
P/E Ratio
19.05
Dividend Yield
2.06%
Price Target
C$12.39

Tricon Residential MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
17.7% Downside
C$12.39 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions 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.

0.46 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

Tricon Residential (TCN) Set to Announce Earnings on Tuesday
One company did the impossible with AI
It is the first company in the world to bring an AI-designed drug to clinical trials. It is now working with some of the biggest companies in the world to develop other treatments and is less than $10 today… but Wall Street has been moving in quickly buying up millions of shares.
The American Dream in 2024: How Renters Can Grow Wealth, Too
Tricon Residential just downgraded at Wolfe Research, here's why
One company did the impossible with AI
It is the first company in the world to bring an AI-designed drug to clinical trials. It is now working with some of the biggest companies in the world to develop other treatments and is less than $10 today… but Wall Street has been moving in quickly buying up millions of shares.
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
2/25/2024
Next Earnings (Confirmed)
2/27/2024

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
-17.7%
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$14.34 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
    Comp: $5.6M
  • Mr. Gary Berman (Age 50)
    President, CEO & Director
    Comp: $22.8M
  • Mr. Geoffrey Matus B.Comm. (Age 75)
    J.D., LLB, LLM, Co-Founder & Non Independent Director
    Comp: $2.55M
  • Mr. Wissam Francis CPA
    Executive VP & CFO
  • Mr. Kevin Baldridge
    Executive VP & COO
  • Mr. Jonathan Ellenzweig
    Executive VP & Chief Investment Officer
  • Ms. Gina McMullan C.A.
    CPA, Chief Accounting Officer
  • Ms. Reshma Block (Age 49)
    Head of Technology & Innovation
  • Charlotte Thuot Kucyi
    Senior Manager of Investor Relations
  • Mr. David Veneziano
    Executive VP, Chief Legal Officer, Corporate Secretary & Chief Compliance Officer














TCN Stock Analysis - Frequently Asked Questions

Should I buy or sell Tricon Residential stock right now?

2 Wall Street research 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 research 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 12-month price targets for Tricon Residential's stock. Their TCN share price targets range from C$9.00 to C$15.17. On average, they expect the company's stock price to reach C$12.39 in the next twelve months. This suggests that the stock has a possible downside of 17.7%.
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 the year. Since then, TCN stock has increased by 24.8% and is now trading at C$15.05.
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, February 27th 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. Stockholders of record on Monday, January 15th will be paid a dividend of 0.08 per share on Monday, January 15th. This represents a $0.32 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change 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 2.09%. The dividend payout ratio is 39.24%. 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 2/26/2024 by MarketBeat.com Staff