Tricon Capital Group Company Profile (TSE:TCN)

About Tricon Capital Group (TSE:TCN)

Tricon Capital Group logoTricon 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$1.45 billion
  • Outstanding Shares: 125,490,000
Average Prices:
  • 50 Day Moving Avg: C$10.91
  • 200 Day Moving Avg: C$10.94
  • 52 Week Range: C$8.26 - C$12.05
P/E:
  • Trailing P/E Ratio: 81.58
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$101.07 million
  • Price / Sales: 13.47
  • Book Value: C$6.35 per share
  • Price / Book: 1.71
Dividend:
  • Dividend Yield: 2.4%
Profitability:
  • EBIDTA: C$66.1 million
  • Net Margins: 27.76%
  • Return on Equity: 4.31%
  • Return on Assets: 2.89%
Misc:
  • Average Volume: 292,330 shs.
  • Short Ratio: 15.24
 

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. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.065 per share on Sunday, October 15th. This represents a $0.26 annualized dividend and a dividend yield of 2.40%. 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) released its quarterly earnings results on Tuesday, May, 12th. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.01. The company earned $6.98 million during the quarter, compared to analysts' expectations of $22 million. Tricon Capital Group had a return on equity of 4.31% and a net margin of 27.76%. 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?

4 equities research analysts have issued 12 month price targets for Tricon Capital Group's shares. Their predictions range from C$11.50 to C$14.00. On average, they expect Tricon Capital Group's share price to reach C$13.07 in the next year. View Analyst Ratings for Tricon Capital Group.

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

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
  • Jonathan Ellenzweig, Managing Director
  • Craig Mode, Managing Director
  • Wojtek Nowak, Director - Corporate Finance & Investor Relations
  • Eric Duff Scott, Lead Independent Director
  • Ira Gluskin, Director

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$10.85.


MarketBeat Community Rating for Tricon Capital Group (TSE TCN)
Community Ranking:  4.3 out of 5 (   )
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  266
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.

Analyst Ratings

Consensus Ratings for Tricon Capital Group (TSE:TCN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.25)
Consensus Price Target: C$13.07

Analysts' Ratings History for Tricon Capital Group (TSE:TCN)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2017TD SecuritiesLower Price TargetBuyC$13.50 -> C$13.00View Rating Details
6/28/2017Royal Bank Of CanadaReiterated RatingOutperformView Rating Details
5/16/2017Raymond James Financial, Inc.Boost Price TargetStrong-BuyC$13.00 -> C$14.00View Rating Details
3/20/2017CIBCBoost Price TargetC$12.50 -> C$13.00View Rating Details
3/20/2017BMO Capital MarketsBoost Price TargetC$13.00 -> C$14.00View Rating Details
1/5/2017Canaccord GenuityLower Price TargetC$12.00 -> C$11.50View Rating Details
8/25/2016National Bank FinancialReiterated RatingOutperformC$13.00View Rating Details
3/11/2016Paradigm CapitalLower Price TargetC$13.25 -> C$13.00View Rating Details
(Data available from 8/19/2015 forward)

Earnings

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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017        
5/12/2015Q2$0.15$0.14$22.00 million$6.98 millionViewListenView Earnings Details
11/12/2013Q3$0.11ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tricon Capital Group (TSE:TCN)
2017 EPS Consensus Estimate: $0.72
2018 EPS Consensus Estimate: $0.91
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.13$0.13$0.13
Q3 20171$0.23$0.23$0.23
Q4 20171$0.23$0.23$0.23
Q1 20181$0.23$0.23$0.23
Q2 20181$0.23$0.23$0.23
Q3 20181$0.23$0.23$0.23
Q4 20181$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Tricon Capital Group (TSE TCN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2017Quarterly$0.079/28/20179/30/201710/15/2017
5/12/2015$0.056/26/20156/30/20157/15/2015
3/11/2015$0.053/27/20153/31/20154/15/2015
11/11/2014$0.0512/29/201412/31/20141/15/2015
9/26/2014Quarterly$0.063.05%9/26/201410/15/201410/15/2014
5/12/2014$0.066/26/20146/30/20147/15/2014
3/5/2014quarterly$0.063/27/20143/31/20144/15/2014
11/12/2013$0.0612/27/201312/31/20131/15/2014
7/12/2013quarterly$0.606/30/20137/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tricon Capital Group (TSE:TCN)
Insider Trades by Quarter for Tricon Capital Group (TSE:TCN)
Insider Trades by Quarter for Tricon Capital Group (TSE:TCN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/13/2017Wissam FrancisInsiderSell3,305C$11.31C$37,379.55
5/16/2017Ira GluskinDirectorBuy62,300C$11.23C$699,629.00
5/15/2017David VenezianoInsiderSell9,502C$11.05C$104,997.10
3/21/2017Ira GluskinDirectorBuy50,000C$10.72C$536,000.00
1/12/2016Peter SacksDirectorBuy3,000C$8.50C$25,488.90
1/7/2016Geoffrey MatusDirectorBuy3,850C$8.55C$32,917.50
12/30/2015Wissam FrancisInsiderBuy2,100C$9.33C$19,593.00
11/17/2015Peter SacksDirectorBuy3,000C$10.09C$30,282.60
9/30/2015Sian Margaret MatthewsDirectorBuy5,000C$9.99C$49,950.00
9/30/2015Wissam FrancisInsiderBuy2,100C$10.04C$21,084.00
5/15/2015Peter SacksDirectorBuy3,000C$10.77C$32,307.00
3/26/2015Geoffrey MatusDirectorSell500,000C$11.00C$5,500,150.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tricon Capital Group (TSE:TCN)
Latest Headlines for Tricon Capital Group (TSE:TCN)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Tricon Capital Group, Inc. : August 17, 2017
finance.yahoo.com - August 18 at 7:45 AM
americanbankingnews.com logoRaymond James Financial Weighs in on Tricon Capital Group Inc's Q3 2017 Earnings (TSE:TCN)
www.americanbankingnews.com - August 14 at 1:38 AM
finance.yahoo.com logoEdited Transcript of TCN.TO earnings conference call or presentation 10-Aug-17 2:00pm GMT
finance.yahoo.com - August 12 at 8:24 AM
americanbankingnews.com logoTricon Capital Group Inc (TSE:TCN) PT Lowered to C$13.00
www.americanbankingnews.com - August 11 at 3:08 PM
finance.yahoo.com logoTricon Capital Group Prices $463 Million Securitization
finance.yahoo.com - August 10 at 9:29 PM
finance.yahoo.com logoTricon Capital Group Announces Q2 2017 Results
finance.yahoo.com - August 10 at 8:36 AM
finance.yahoo.com logoDaily 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
finance.yahoo.com logoTricon Capital Group Launches Third Single-Family Rental Securitization Transaction
finance.yahoo.com - August 9 at 8:05 AM
finance.yahoo.com logoTricon Capital Group, Inc. :TCN-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 8:52 AM
americanbankingnews.com logoTricon Capital Group Inc (TCN) to Release Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:40 AM
americanbankingnews.com logoTricon Capital Group Inc (TSE:TCN) Insider Wissam Francis Sells 3,305 Shares
www.americanbankingnews.com - July 14 at 5:00 PM
finance.yahoo.com logoTricon Announces Date for Q2 2017 Results Conference Call
finance.yahoo.com - July 11 at 8:21 AM
finance.yahoo.com logoTricon 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
americanbankingnews.com logoTricon Capital Group Inc (TCN) Given "Outperform" Rating at Royal Bank Of Canada
www.americanbankingnews.com - July 2 at 3:40 PM
fool.ca logoTricon Capital Group Inc.: Still a Buy 1 Year Later - The Motley Fool Canada
www.fool.ca - June 2 at 8:18 PM
americanbankingnews.com logoTricon Capital Group's (TCN) Outperform Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - May 31 at 11:56 AM
finance.yahoo.com logoTricon Announces Voting Results from Annual and Special Meeting of Shareholders
finance.yahoo.com - May 25 at 4:15 AM
finance.yahoo.com logoResearch 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
americanbankingnews.com logoDavid Veneziano Sells 9,502 Shares of Tricon Capital Group Inc (TCN) Stock
www.americanbankingnews.com - May 17 at 4:26 PM
americanbankingnews.com logoIra Gluskin Purchases 62,300 Shares of Tricon Capital Group Inc (TCN) Stock
www.americanbankingnews.com - May 17 at 4:26 PM
americanbankingnews.com logoTricon 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
americanbankingnews.com logoTricon Capital Group Inc (TCN) PT Raised to C$14.00 at Raymond James Financial, Inc.
www.americanbankingnews.com - May 16 at 2:44 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Tricon Capital Group Inc Boosted by Analyst (TCN)
www.americanbankingnews.com - May 16 at 8:16 AM
finance.yahoo.com logoTricon 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
finance.yahoo.com logoEdited Transcript of TCN.TO earnings conference call or presentation 11-May-17 2:00pm GMT
finance.yahoo.com - May 12 at 4:53 AM
finance.yahoo.com logoTricon Capital Group Announces Strong First Quarter Results
finance.yahoo.com - May 11 at 1:56 AM
americanbankingnews.com logoTricon 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
finance.yahoo.com logoTricon Capital Group Announces Changes to its Incentive Compensation Plans in Alignment with ISS Recommendations
finance.yahoo.com - May 9 at 7:38 PM
finance.yahoo.com logoTricon Capital Group Completes Acquisition of Silver Bay Realty Trust Corp.
finance.yahoo.com - May 9 at 10:09 AM
americanbankingnews.com logoTricon Capital Group Inc (TCN) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - May 7 at 7:30 AM
finance.yahoo.com logoTricon 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
finance.yahoo.com logoResearch Reports Initiated on Financials Stocks CI Financial, Sprott, Tricon Capital Group, and Noranda Income Fund
finance.yahoo.com - April 17 at 8:43 AM
seekingalpha.com logoTricon Capital: The Silver Bay Acquisition Brings Immediate Scale
seekingalpha.com - April 12 at 9:35 PM
finance.yahoo.com logoTricon Announces Date for Q1 2017 Results Conference Call
finance.yahoo.com - April 12 at 12:40 PM
americanbankingnews.com logoTricon Capital Group Inc (TCN) Director Purchases C$536,000.00 in Stock
www.americanbankingnews.com - March 22 at 1:34 PM
americanbankingnews.com logoFY2018 Earnings Forecast for Tricon Capital Group Inc (TCN) Issued By National Bank Financial
www.americanbankingnews.com - March 22 at 11:37 AM
americanbankingnews.com logoTricon Capital Group Inc (TCN) PT Raised to C$13.50 at TD Securities
www.americanbankingnews.com - March 20 at 2:24 PM
americanbankingnews.com logoTricon Capital Group Inc (TCN) Price Target Increased to C$13.00 by Analysts at CIBC
www.americanbankingnews.com - March 20 at 2:24 PM
americanbankingnews.com logoTricon Capital Group Inc (TCN) PT Raised to C$14.00
www.americanbankingnews.com - March 20 at 2:24 PM
americanbankingnews.com logoRaymond 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
baystreet.ca logoTricon Capital Group Inc.
www.baystreet.ca - March 17 at 8:12 PM
finance.yahoo.com logoIIROC Trading Halt - TCN.R TCN.DB.U
finance.yahoo.com - March 17 at 8:12 PM
finance.yahoo.com logoTricon Capital Group Completes Bought Deal Offerings; Proceeds to Be Used to Fund Acquisition of Silver Bay Realty
finance.yahoo.com - March 17 at 8:12 PM
finance.yahoo.com logoIIROC Trade Resumption - TCN.R; TCN.DB.U
finance.yahoo.com - March 17 at 8:12 PM
finance.yahoo.com logoTricon Capital Mourns the Passing of Lead Director Eric Duff Scott
finance.yahoo.com - March 11 at 6:19 AM
americanbankingnews.com logoWeekly Investment Analysts’ Ratings Changes for Tricon Capital Group (TCN)
www.americanbankingnews.com - March 9 at 9:00 AM
businesswire.com logoKroll Bond Rating Agency Releases Comment: Silver Bay Realty Trust Corp. to be Acquired by Tricon Capital Group - Business Wire (press release)
www.businesswire.com - March 4 at 7:57 PM
reuters.com logoBRIEF-Tricon Capital announces bought deal offerings
www.reuters.com - March 1 at 9:35 AM
reuters.com logoBRIEF-Tricon Capital Group to acquire Silver Bay Realty Trust Corp
www.reuters.com - February 28 at 11:37 AM
finance.yahoo.com logoIIROC Trade Resumption - TCN
finance.yahoo.com - February 28 at 11:37 AM

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Chart

Tricon Capital Group (TCN) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff