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The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
TSE:TCN

Tricon Residential - TCN Stock Forecast, Price & News

C$12.21
+0.61 (+5.26%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
C$11.73
▼
C$12.39
50-Day Range
C$9.88
▼
C$12.21
52-Week Range
C$9.83
▼
C$21.58
Volume
1.28 million shs
Average Volume
569,855 shs
Market Capitalization
C$3.34 billion
P/E Ratio
3.60
Dividend Yield
2.76%
Price Target
C$15.09

Tricon Residential MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
23.6% Upside
C$15.09 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.15mentions of Tricon Residential in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
C$221,590 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

See Top Rated MarketRank™ Stocks Here
TCN stock logo

About Tricon Residential (TSE:TCN) Stock

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.

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TCN Stock News Headlines

February 3, 2023 | americanbankingnews.com
National Bank Financial Weighs in on Tricon Residential Inc.'s Q4 2022 Earnings (TSE:TCN)
February 2, 2023 | americanbankingnews.com
Research Analysts Issue Forecasts for Tricon Residential Inc.'s FY2023 Earnings (TSE:TCN)
February 3, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
February 2, 2023 | americanbankingnews.com
Tricon Residential (TSE:TCN) Price Target Lowered to C$13.00 at National Bankshares
January 26, 2023 | forbes.com
The Need For A Renter's Bill Of Rights
January 3, 2023 | finance.yahoo.com
Are Options Traders Betting on a Big Move in Tricon (TCN) Stock?
November 13, 2022 | theglobeandmail.com
Tricon Residential: Top 25 Undervalued Toronto Stock Exchange Stocks (TCN)
October 20, 2022 | nz.finance.yahoo.com
Tricon Announces Resident Bill of Rights, a New Standard for Single-Family Rental Housing
February 3, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
October 3, 2022 | reuters.com
Tricon Residential Inc
September 23, 2022 | theglobeandmail.com
Tricon Residential: Top 10 Undervalued Dividend Stocks on TSX (TCN)
September 21, 2022 | seekingalpha.com
TCN Tricon Residential Inc.
September 9, 2022 | finance.yahoo.com
Tricon Residential Inc. (TCN)
August 10, 2022 | finance.yahoo.com
Tricon Reports Solid Q2 2022 Results Driven by Strong SFR Fundamentals and Fee Income
July 15, 2022 | markets.businessinsider.com
Analyst Ratings for Tricon Residential
June 14, 2022 | morningstar.com
Tricon Residential Inc - Stock Chart
June 9, 2022 | nz.finance.yahoo.com
Tricon Launches Market-Leading Down Payment Assistance Program, Expands Environmental Sustainability Initiatives and Releases ESG Report
May 25, 2022 | nasdaq.com
RSI Alert: Tricon Residential (TCN) Now Oversold
May 10, 2022 | finance.yahoo.com
Tricon Reports Strong Q1 2022 Results and Updates Full-Year Guidance
April 18, 2022 | finance.yahoo.com
Tricon Announces Date for First Quarter 2022 Results Conference Call
April 14, 2022 | finance.yahoo.com
Investors in Tricon Residential (TSE:TCN) have made a favorable return of 90% over the past three years
March 22, 2022 | apnews.com
KBRA Assigns Preliminary Ratings to Tricon Residential 2022-SFR1
March 19, 2022 | finance.yahoo.com
Do Tricon Residential's (TSE:TCN) Earnings Warrant Your Attention?
March 4, 2022 | americanbankingnews.com
Tricon Residential (TSE:TCN) Price Target Raised to C$22.50 at BMO Capital Markets
March 2, 2022 | finance.yahoo.com
Tricon Completes Breakout Year with Strong Q4 2021 Financial Results and Operating Metrics
January 31, 2022 | finance.yahoo.com
Tricon Announces Date for Year-End 2021 Results Conference Call
January 26, 2022 | finance.yahoo.com
Tricon Residential Launches Tricon Vantage Program to Help Residents Enhance their Financial Wellbeing
See More Headlines
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TCN Company Calendar

Last Earnings
11/08/2022
Ex-Dividend for 1/15 Dividend
12/29/2022
Dividend Payable
1/15/2023
Today
2/02/2023
Next Earnings (Estimated)
3/01/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Real Estate Services
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:TCN
CUSIP
N/A
CIK
N/A
Web
www.triconcapital.com
Phone
+1-416-9257228
Fax
N/A
Employees
968
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$15.09
High Stock Price Forecast
C$18.50
Low Stock Price Forecast
C$12.50
Forecasted Upside/Downside
+23.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
3.60
Forward P/E Ratio
20.69
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
157.98
Current Ratio
0.63
Quick Ratio
0.32

Sales & Book Value

Annual Sales
C$873.36 million
Price / Sales
3.83
Cash Flow
C$0.60 per share
Price / Cash Flow
20.33
Book Value
C$13.77 per share
Price / Book
0.89

Miscellaneous

Outstanding Shares
273,761,000
Free Float
N/A
Market Cap
C$3.34 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Gary Berman (Age 48)
    Pres, CEO & Director
    Comp: $5.17M
  • Mr. Geoffrey Matus B.Comm. (Age 73)
    J.D., LLB, LLM, Co-Founder & Non Independent Director
    Comp: $1.29M
  • Mr. Wissam Francis CPA
    Exec. VP & CFO
  • Mr. Kevin Baldridge
    Chief Operating Officer
  • Mr. Jonathan Ellenzweig
    Chief Investment Officer
  • Ms. Gina McMullan C.A.
    CPA, Chief Accounting Officer
  • Ms. Reshma Block (Age 47)
    Head of Technology & Innovation
  • Mr. David Veneziano
    Chief Legal Officer, Corp. Sec. & Chief Compliance Officer
  • Ms. Kim Ciabattoni
    VP of Counsel
  • Ms. Tara Tucker
    VP of Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions













TCN Stock - Frequently Asked Questions

Should I buy or sell Tricon Residential stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tricon Residential in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TCN shares.
View TCN analyst ratings or view top-rated stocks.

What is Tricon Residential's stock price forecast for 2023?

7 analysts have issued 1 year target prices for Tricon Residential's stock. Their TCN share price forecasts range from C$12.50 to C$18.50. On average, they expect the company's share price to reach C$15.09 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for TCN or view top-rated stocks among Wall Street analysts.

How have TCN shares performed in 2023?

Tricon Residential's stock was trading at C$10.44 on January 1st, 2023. Since then, TCN stock has increased by 17.0% and is now trading at C$12.21.
View the best growth stocks for 2023 here.

When is Tricon Residential's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our TCN earnings forecast.

How were Tricon Residential's earnings last quarter?

Tricon Residential Inc. (TSE:TCN) issued its earnings results on Tuesday, November, 8th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.20 by $0.44. The company earned $222.82 million during the quarter.

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

Tricon Residential declared a quarterly dividend on Thursday, December 29th. Shareholders of record on Sunday, January 15th will be paid a dividend of 0.079 per share on Sunday, January 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Thursday, December 29th. This is an increase from the stock's previous quarterly dividend of C$0.07.
Read our dividend analysis for TCN.

Is Tricon Residential a good dividend stock?

Tricon Residential (TSE:TCN) pays an annual dividend of C$0.23 per share and currently has a dividend yield of 2.76%. The dividend payout ratio is 6.84%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tricon Residential investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX).

What is Tricon Residential's stock symbol?

Tricon Residential trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TCN."

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.

What is Tricon Residential's stock price today?

One share of TCN stock can currently be purchased for approximately C$12.21.

How much money does Tricon Residential make?

Tricon Residential (TSE:TCN) has a market capitalization of C$3.34 billion and generates C$873.36 million in revenue each year.

How many employees does Tricon Residential have?

The company employs 968 workers across the globe.

How can I contact Tricon Residential?

Tricon Residential's mailing address is 1067 Yonge St, TORONTO, ON M4W 2L2, Canada. The official website for the company is www.triconcapital.com. The company can be reached via phone at +1-416-9257228.

This page (TSE:TCN) was last updated on 2/3/2023 by MarketBeat.com Staff