Tricon Capital Group Company Profile (TSE:TCN)

About Tricon Capital Group (TSE:TCN)

Tricon Capital Group Inc. is a Canada-based company, which is a principal investor and asset manager focused on the residential real estate industry in North America. The Company operates through five segments: Private Funds and Advisory (PF&A), Principal Investing in Tricon Housing Partners (THP), Tricon American Homes (TAH), Tricon Lifestyle Communities (TLC) and Tricon Luxury Residences (TLR). In Private Funds and Advisory, the Company manages, on behalf of private investors, commingled funds, sidecars and separate investment accounts that invest in the development of real estate in North America. Tricon's investment activities are carried on through Tricon Housing Partners (land and homebuilding), Tricon American Homes (single-family rental), Tricon Lifestyle Communities (manufactured housing communities) and Tricon Luxury Residences (purpose-built multi-family apartments). It manages capital on behalf of third-party institutional and high net-worth accredited investors.

Industry, Sector and Symbol:

Sector: Financial
Industry: Property Management
Sub-Industry: N/A
Symbol: TSE:TCN
CUSIP: N/A
Web: www.triconcapital.com

Capitalization:

Market Cap: C$1.38 billion
Outstanding Shares: 133,806,000

Average Prices:

50 Day Moving Avg: C$10.66
200 Day Moving Avg: C$10.98
52 Week Range: C$8.26 - C$12.05

P/E:

Trailing P/E Ratio: 78.12
P/E Growth: 0.00

Sales & Book Value:

Annual Revenue: C$101.07 million
Price / Sales: 13.62
Book Value: C$6.35 per share
Price / Book: 1.62

Dividend:

Dividend Yield: 2.4%

Profitability:

EBIDTA: C$66.1 million
Net Margins: -140.24%
Return on Equity: -10.97%
Return on Assets: -7.06%

Misc:

Average Volume: 255,367 shs.
Short Ratio: 10.8

Frequently Asked Questions for Tricon Capital Group (TSE:TCN)

What is Tricon Capital Group's stock symbol?

Tricon Capital Group trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TCN."

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

Tricon Capital Group announced a quarterly dividend on Thursday, August 10th. Investors of record on Saturday, September 30th will be given a dividend of 0.065 per share on Sunday, October 15th. This represents a $0.26 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend is Thursday, September 28th. This is a positive change from Tricon Capital Group's previous quarterly dividend of $0.06. View Tricon Capital Group's Dividend History.

How were Tricon Capital Group's earnings last quarter?

Tricon Capital Group Inc (TSE:TCN) issued its quarterly earnings data on Tuesday, May, 12th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.01. The business had revenue of $6.98 million for the quarter, compared to analyst estimates of $22 million. Tricon Capital Group had a negative return on equity of 10.97% and a negative net margin of 140.24%. View Tricon Capital Group's Earnings History.

When will Tricon Capital Group make its next earnings announcement?

Tricon Capital Group is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Tricon Capital Group.

Where is Tricon Capital Group's stock going? Where will Tricon Capital Group's stock price be in 2017?

3 brokers have issued 1-year price targets for Tricon Capital Group's stock. Their predictions range from C$11.50 to C$14.00. On average, they expect Tricon Capital Group's share price to reach C$13.08 in the next year. View Analyst Ratings for Tricon Capital Group.

Who are some of Tricon Capital Group's key competitors?

Some companies that are related to Tricon Capital Group include Man Group Plc (EMG), Morguard Corp (MRC), CV Holdings (CBF), Laurentian Bank of Canada (LB), First National Financial Corp (FN), Fiera Capital Corp (FSZ), Altus Group Ltd (AIF), Home Capital Group (HCG), DREAM Unlimited Corp (DRM), Alaris Royalty Corp. (AD), Guardian Capital Group (GCG), Callidus Capital Corp (CBL), Melcor Developments (MRD), Sprott (SII), Canaccord Genuity Group (CF), Atrium Mortgage Investment Corp (AI), MCAN Mortgage (MKP) and Firm Capital Mortgage Investment Corp (FC).

Who are Tricon Capital Group's key executives?

Tricon Capital Group's management team includes the folowing people:

David Berman, Executive Chairman of the Board, Co-Founder
Gary Berman, President, Chief Executive Officer, Director
Wissam Francis, Chief Financial Officer
Kevin Baldridge, President - Tricon American Homes
David Veneziano, Vice President, General Counsel
Evelyne Dube, Managing Director
Jonathan Ellenzweig, Managing Director
Craig Mode, Managing Director
Andrew Joyner, Director
Wojtek Nowak, Director - Corporate Finance & Investor Relations

How do I buy Tricon Capital Group stock?

Shares of Tricon Capital Group and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Tricon Capital Group's stock price today?

One share of Tricon Capital Group stock can currently be purchased for approximately C$10.29.

MarketBeat Community Rating for Tricon Capital Group (TSE TCN)

Community Ranking:		4.2 out of 5 ( )
Outperform Votes:		240 (Vote Outperform)
Underperform Votes:		49 (Vote Underperform)
Total Votes:		289

MarketBeat's community ratings are surveys of what our community members think about Tricon Capital Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Tricon Capital Group (TSE:TCN) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:	Buy (Score: 3.33)
Consensus Price Target:	C$13.08

Analysts' Ratings History for Tricon Capital Group (TSE:TCN)

Show:

Date	Firm	Action	Rating	Price Target
8/11/2017	TD Securities	Lower Price Target	Buy	C$13.50 -> C$13.00
6/28/2017	Royal Bank Of Canada	Reiterated Rating	Outperform
5/16/2017	Raymond James Financial, Inc.	Boost Price Target	Strong-Buy	C$13.00 -> C$14.00
3/20/2017	CIBC	Boost Price Target		C$12.50 -> C$13.00
3/20/2017	BMO Capital Markets	Boost Price Target		C$13.00 -> C$14.00
1/5/2017	Canaccord Genuity	Lower Price Target		C$12.00 -> C$11.50
8/25/2016	National Bank Financial	Reiterated Rating	Outperform	C$13.00
3/11/2016	Paradigm Capital	Lower Price Target		C$13.25 -> C$13.00

(Data available from 9/22/2015 forward)

Earnings History for Tricon Capital Group (TSE:TCN)

Earnings by Quarter for Tricon Capital Group (TSE:TCN)

Earnings History by Quarter for Tricon Capital Group (TSE TCN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/8/2017
5/12/2015	Q2	C$0.15	C$0.14	C$22.00 million	C$6.98 million	View	Listen
11/12/2013	Q3		C$0.11			View	Listen

(Data available from 1/1/2011 forward)

Earnings Estimates for Tricon Capital Group (TSE:TCN)

2017 EPS Consensus Estimate: $0.72
2018 EPS Consensus Estimate: $0.91

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.13	$0.13	$0.13
Q2 2017	1	$0.13	$0.13	$0.13
Q3 2017	1	$0.23	$0.23	$0.23
Q4 2017	1	$0.23	$0.23	$0.23
Q1 2018	1	$0.23	$0.23	$0.23
Q2 2018	1	$0.23	$0.23	$0.23
Q3 2018	1	$0.23	$0.23	$0.23
Q4 2018	1	$0.22	$0.22	$0.22

(Data provided by Zacks Investment Research)

Dividend History by Quarter for Tricon Capital Group (TSE TCN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/10/2017	Quarterly	$0.07		9/28/2017	9/30/2017	10/15/2017
5/12/2015		$0.05		6/26/2015	6/30/2015	7/15/2015
3/11/2015		$0.05		3/27/2015	3/31/2015	4/15/2015
11/11/2014		$0.05		12/29/2014	12/31/2014	1/15/2015
9/26/2014	Quarterly	$0.06	3.05%	9/26/2014	10/15/2014	10/15/2014
5/12/2014		$0.06		6/26/2014	6/30/2014	7/15/2014
3/5/2014	quarterly	$0.06		3/27/2014	3/31/2014	4/15/2014
11/12/2013		$0.06		12/27/2013	12/31/2013	1/15/2014
7/12/2013	quarterly	$0.60			6/30/2013	7/15/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Tricon Capital Group (TSE:TCN)

Insider Trades by Quarter for Tricon Capital Group (TSE:TCN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
7/13/2017	Wissam Francis	Insider	Sell	3,305	C$11.31	C$37,379.55
5/16/2017	Ira Gluskin	Director	Buy	62,300	C$11.23	C$699,629.00
5/15/2017	David Veneziano	Insider	Sell	9,502	C$11.05	C$104,997.10
3/21/2017	Ira Gluskin	Director	Buy	50,000	C$10.72	C$536,000.00
1/12/2016	Peter Sacks	Director	Buy	3,000	C$8.50	C$25,488.90
1/7/2016	Geoffrey Matus	Director	Buy	3,850	C$8.55	C$32,917.50
12/30/2015	Wissam Francis	Insider	Buy	2,100	C$9.33	C$19,593.00
11/17/2015	Peter Sacks	Director	Buy	3,000	C$10.09	C$30,282.60
9/30/2015	Sian Margaret Matthews	Director	Buy	5,000	C$9.99	C$49,950.00
9/30/2015	Wissam Francis	Insider	Buy	2,100	C$10.04	C$21,084.00
5/15/2015	Peter Sacks	Director	Buy	3,000	C$10.77	C$32,307.00
3/26/2015	Geoffrey Matus	Director	Sell	500,000	C$11.00	C$5,500,150.00

(Data available from 1/1/2013 forward)

Headline Trends for Tricon Capital Group (TSE:TCN) Latest Headlines for Tricon Capital Group (TSE:TCN)

Source:

Date	Headline
	Today's Research Reports on on Crosswinds Holdings Inc., Equitable Group Inc., Callidus Capital Corporation and Tricon Capital Group Inc. finance.yahoo.com - September 12 at 10:43 AM
	Report Coverage on Financials Stocks Sprott Tricon Capital Group Noranda Income Fund and Canoe EIT Income Fund finance.yahoo.com - September 11 at 7:35 AM
	ETFs with exposure to Tricon Capital Group, Inc. : August 30, 2017 finance.yahoo.com - August 30 at 10:02 AM
	ETFs with exposure to Tricon Capital Group, Inc. : August 30, 2017 finance.yahoo.com - August 30 at 10:02 AM
	Performance gap with U.S. justifies buying Canadian stocks: Clarington manager www.theglobeandmail.com - August 24 at 1:45 PM
	Performance Gap With U.S a 'Layup' for Canada Stocks: Clarington www.bloomberg.com - August 24 at 1:45 PM
	Tricon Capital Group Completes $463 Million Single-Family Rental Securitization finance.yahoo.com - August 24 at 1:45 PM
	Tricon Capital Group, Inc. :TCN-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 22, 2017 finance.yahoo.com - August 23 at 12:24 PM
	European Commercial REIT Announces Changes to Board of Trustees www.marketwatch.com - August 21 at 3:20 PM
	ETFs with exposure to Tricon Capital Group, Inc. : August 17, 2017 finance.yahoo.com - August 18 at 7:45 AM
	Raymond James Financial Weighs in on Tricon Capital Group Inc's Q3 2017 Earnings (TSE:TCN) www.americanbankingnews.com - August 14 at 1:38 AM
	Edited Transcript of TCN.TO earnings conference call or presentation 10-Aug-17 2:00pm GMT finance.yahoo.com - August 12 at 8:24 AM
	Tricon Capital Group Inc (TSE:TCN) PT Lowered to C$13.00 www.americanbankingnews.com - August 11 at 3:08 PM
	Tricon Capital Group Prices $463 Million Securitization finance.yahoo.com - August 10 at 9:29 PM
	Tricon Capital Group Announces Q2 2017 Results finance.yahoo.com - August 10 at 8:36 AM
	Daily Coverage on Financials Stocks, Sprott, Tricon Capital Group, Noranda Income Fund, and Canoe EIT Income Fund finance.yahoo.com - August 9 at 8:05 AM
	Tricon Capital Group Launches Third Single-Family Rental Securitization Transaction finance.yahoo.com - August 9 at 8:05 AM
	Tricon Capital Group, Inc. :TCN-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017 finance.yahoo.com - August 4 at 8:52 AM
	Tricon Capital Group Inc (TCN) to Release Earnings on Wednesday www.americanbankingnews.com - August 2 at 8:40 AM
	Tricon Capital Group Inc (TSE:TCN) Insider Wissam Francis Sells 3,305 Shares www.americanbankingnews.com - July 14 at 5:00 PM
	Tricon Announces Date for Q2 2017 Results Conference Call finance.yahoo.com - July 11 at 8:21 AM
	Tricon Capital Group, Inc. breached its 50 day moving average in a Bearish Manner : TCN-CA : July 6, 2017 finance.yahoo.com - July 6 at 12:14 PM
	Tricon Capital Group Inc (TCN) Given "Outperform" Rating at Royal Bank Of Canada www.americanbankingnews.com - July 2 at 3:40 PM
	Tricon Capital Group Inc.: Still a Buy 1 Year Later - The Motley Fool Canada www.fool.ca - June 2 at 8:18 PM
	Tricon Capital Group's (TCN) Outperform Rating Reaffirmed at Royal Bank of Canada www.americanbankingnews.com - May 31 at 11:56 AM
	Tricon Announces Voting Results from Annual and Special Meeting of Shareholders finance.yahoo.com - May 25 at 4:15 AM
	Research Reports Initiated on Financials Stocks: Sprott, Tricon Capital Group, Noranda Income Fund, and Canoe EIT Income Fund finance.yahoo.com - May 22 at 8:41 AM
	David Veneziano Sells 9,502 Shares of Tricon Capital Group Inc (TCN) Stock www.americanbankingnews.com - May 17 at 4:26 PM
	Ira Gluskin Purchases 62,300 Shares of Tricon Capital Group Inc (TCN) Stock www.americanbankingnews.com - May 17 at 4:26 PM
	Tricon Capital Group Inc (TCN) to Post Q2 2017 Earnings of $0.13 Per Share, Raymond James Financial Forecasts www.americanbankingnews.com - May 17 at 7:32 AM
	Tricon Capital Group Inc (TCN) PT Raised to C$14.00 at Raymond James Financial, Inc. www.americanbankingnews.com - May 16 at 2:44 PM
	Q3 2017 EPS Estimates for Tricon Capital Group Inc Boosted by Analyst (TCN) www.americanbankingnews.com - May 16 at 8:16 AM
	Tricon Capital Group, Inc. breached its 50 day moving average in a Bullish Manner : TCN-CA : May 12, 2017 finance.yahoo.com - May 13 at 2:03 AM
	Edited Transcript of TCN.TO earnings conference call or presentation 11-May-17 2:00pm GMT finance.yahoo.com - May 12 at 4:53 AM
	Tricon Capital Group Announces Strong First Quarter Results finance.yahoo.com - May 11 at 1:56 AM
	Tricon Capital Group Inc (TCN) Price Target Raised to C$13.00 at Royal Bank of Canada www.americanbankingnews.com - May 10 at 12:33 PM
	Tricon Capital Group Announces Changes to its Incentive Compensation Plans in Alignment with ISS Recommendations finance.yahoo.com - May 9 at 7:38 PM
	Tricon Capital Group Completes Acquisition of Silver Bay Realty Trust Corp. finance.yahoo.com - May 9 at 10:09 AM
	Tricon Capital Group Inc (TCN) Scheduled to Post Quarterly Earnings on Tuesday www.americanbankingnews.com - May 7 at 7:30 AM
	Tricon Capital Group, Inc. breached its 50 day moving average in a Bearish Manner : TCN-CA : May 1, 2017 finance.yahoo.com - May 1 at 11:14 AM
	Research Reports Initiated on Financials Stocks CI Financial, Sprott, Tricon Capital Group, and Noranda Income Fund finance.yahoo.com - April 17 at 8:43 AM
	Tricon Capital: The Silver Bay Acquisition Brings Immediate Scale seekingalpha.com - April 12 at 9:35 PM
	Tricon Announces Date for Q1 2017 Results Conference Call finance.yahoo.com - April 12 at 12:40 PM
	Tricon Capital Group Inc (TCN) Director Purchases C$536,000.00 in Stock www.americanbankingnews.com - March 22 at 1:34 PM
	FY2018 Earnings Forecast for Tricon Capital Group Inc (TCN) Issued By National Bank Financial www.americanbankingnews.com - March 22 at 11:37 AM
	Tricon Capital Group Inc (TCN) PT Raised to C$13.50 at TD Securities www.americanbankingnews.com - March 20 at 2:24 PM
	Tricon Capital Group Inc (TCN) Price Target Increased to C$13.00 by Analysts at CIBC www.americanbankingnews.com - March 20 at 2:24 PM
	Tricon Capital Group Inc (TCN) PT Raised to C$14.00 www.americanbankingnews.com - March 20 at 2:24 PM
	Raymond James Financial, Inc. Analysts Give Tricon Capital Group Inc (TCN) a C$13.00 Price Target www.americanbankingnews.com - March 20 at 2:24 PM
	Tricon Capital Group Inc. www.baystreet.ca - March 17 at 8:12 PM