TSE:TCN Tricon Residential (TCN) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free TCN Stock Alerts C$15.10 -0.04 (-0.26%) (As of 05:23 PM ET) Add Compare Share Share Today's RangeC$15.08▼C$15.1750-Day RangeC$11.65▼C$15.1752-Week RangeC$9.03▼C$15.17Volume861,025 shsAverage Volume979,375 shsMarket CapitalizationC$4.12 billionP/E Ratio26.96Dividend Yield2.05%Price TargetC$12.39 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Tricon Residential alerts: Email Address Tricon Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.0% DownsideC$12.39 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 4 Articles This WeekInsider TradingSelling SharesC$5.53 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.0.63 out of 5 stars 1.0 Analyst's Opinion Consensus RatingTricon Residential has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$12.39, Tricon Residential has a forecasted downside of 18.0% from its current price of C$15.11.Amount of Analyst CoverageTricon Residential has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TCN. Previous Next 1.7 Dividend Strength Dividend YieldTricon Residential pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTricon Residential does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tricon Residential is 55.36%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCN. Previous Next 2.0 News and Social Media Coverage News SentimentTricon Residential has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Tricon Residential this week, compared to 0 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tricon Residential insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$5,530,979.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Tricon Residential is held by insiders.Percentage Held by Institutions80.47% of the stock of Tricon Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tricon Residential is 26.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Tricon Residential is 26.98, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 201.70.Price to Book Value per Share RatioTricon Residential has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBuy Friday, Sell Monday, No Exceptions Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.And for the first time in 2024, he’s sharing his strategy for free. About Tricon Residential Stock (TSE:TCN)Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner, operator and developer of a growing portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto, 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 in Toronto, 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.Read More TCN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TCN Stock News HeadlinesMarch 23, 2024 | insidertrades.comIra Gluskin Sells 65,841 Shares of Tricon Residential Inc. (TSE:TCN) StockMarch 20, 2024 | insidertrades.comTricon Residential Inc. (TSE:TCN) Director Sells C$1,512,000.00 in StockMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 21, 2024 | americanbankingnews.comTricon Residential (TSE:TCN) Sets New 52-Week High at $15.14February 27, 2024 | msn.comTricon Residential FFO of $0.15 beats by $0.01February 23, 2024 | benzinga.comTricon Residential Stock (NYSE:TCN), Analyst Ratings, Price Targets, PredictionsFebruary 18, 2024 | msn.com‘Yellowstone’ Producer 101 Studios Names Gary Krakower as Head of Brand Partnerships (EXCLUSIVE)February 6, 2024 | msn.comThe Best Stocks Money Can Buy on the TSX TodayMarch 28, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. 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If that sounds interesting…February 5, 2024 | theglobeandmail.comThe American Dream in 2024: How Renters Can Grow Wealth, TooJanuary 31, 2024 | realmoney.thestreet.comTricon Residential just downgraded at Wolfe Research, here's whyJanuary 19, 2024 | msn.comTricon’s stock jumps by 28% on $3.5 billion buyout deal by BlackstoneJanuary 19, 2024 | msn.comTricon’s stock rallies 28% on $3.5 billion buyout deal by BlackstoneJanuary 19, 2024 | baystreet.caTricon at 52-Week High on Blackstone DealJanuary 19, 2024 | benzinga.comFinancials Company Blackstone Announces Acquisition of Tricon ResidentialJanuary 19, 2024 | finance.yahoo.comBlackstone Is Moving Back Into Rental Homes With Tricon DealDecember 13, 2023 | finance.yahoo.comRental Revolution: 3 Stocks to Ride Housing’s Newest TrendNovember 23, 2023 | seekingalpha.comTCN:CA Tricon Residential Inc.November 11, 2023 | morningstar.comTricon Residential Inc TCNNovember 9, 2023 | finanznachrichten.deTricon Residential Inc. Reports Q3 2023 Results as Strong Property Fundamentals ContinueAugust 10, 2023 | markets.businessinsider.comTricon Residential (TCN) Receives a Buy from BMO CapitalJuly 18, 2023 | finance.yahoo.comWith 67% ownership, Tricon Residential Inc. (TSE:TCN) boasts of strong institutional backingMay 24, 2023 | finance.yahoo.comCanary Landing, Toronto's newest purpose-built rental community by Dream, Kilmer Group and Tricon, launches its first phase, Maple HouseMay 15, 2023 | markets.businessinsider.comRBC Capital Thinks Tricon Residential’s Stock is Going to RecoverMay 9, 2023 | msn.comTricon Residential FFO of $0.14 beats by $0.01, Net operating income of $74.6MMay 9, 2023 | finance.yahoo.comOwl Rock Capital (ORCC) to Post Q1 Earnings: What to ExpectMay 9, 2023 | finance.yahoo.comTricon Delivers Solid Q1 2023 Results and Reiterates Full-Year GuidanceSee More Headlines Receive TCN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tricon Residential and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/15 Dividend12/28/2023Dividend Payable1/15/2024Last Earnings2/27/2024Today3/28/2024Next Earnings (Estimated)5/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry Real Estate Services Sub-IndustryN/A Current SymbolTSE:TCN CUSIPN/A CIKN/A Webwww.triconcapital.com Phone+1-416-9257228FaxN/AEmployees978Year FoundedN/APrice Target and Rating Average Stock Price TargetC$12.39 High Stock Price TargetC$15.17 Low Stock Price TargetC$9.00 Potential Upside/Downside-18.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.56 Trailing P/E Ratio26.98 Forward P/E Ratio14.61 P/E GrowthN/ANet IncomeC$114.19 million Net Margins12.91% Pretax MarginN/A Return on Equity3.18% Return on Assets2.08% Debt Debt-to-Equity Ratio157.17 Current Ratio0.49 Quick Ratio0.32 Sales & Book Value Annual SalesC$884.73 million Price / Sales4.66 Cash FlowC$0.74 per share Price / Cash Flow20.33 Book ValueC$14.17 per share Price / Book1.07Miscellaneous Outstanding Shares272,640,000Free FloatN/AMarket CapC$4.12 billion OptionableNot Optionable Beta1.47 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. 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 CPAExecutive VP & CFOMr. Kevin BaldridgeExecutive VP & COOMr. Jonathan EllenzweigExecutive VP & Chief Investment OfficerMr. David VenezianoExecutive VP, Chief Legal Officer, Corporate Secretary & Chief Compliance OfficerMs. Sherrie SuskiExecutive VP & Chief People OfficerMr. Andrew JoynerMD & Head of Multi-Family InvestmentsMr. Andrew CarmodySenior MD of Investments & Chief Sustainability OfficerMore ExecutivesKey CompetitorsFirst Capital RealtyTSE:FCR.UNAltus GroupTSE:AIFGazit GlobeTSE:GZTStorageVault CanadaTSE:SVIMainstreet EquityTSE:MEQView All CompetitorsInsidersIra GluskinSold 200,000 sharesTotal: C$3.03 M ($15.14/share)Ira GluskinSold 65,841 sharesTotal: C$990,979.48 ($15.05/share)Ira GluskinSold 100,000 sharesTotal: C$1.51 M ($15.12/share)Gary BermanBought 42,814 shares on 12/15/2023Total: C$509,058.46 ($11.89/share)View All Insider Transactions 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 twelve months. 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 equities research analysts have issued 12-month price objectives for Tricon Residential's shares. Their TCN share price targets range from C$9.00 to C$15.17. On average, they anticipate 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 18.0%. 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 shares have increased by 25.3% and is now trading at C$15.11. 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 were Tricon Residential's earnings last quarter? Tricon Residential Inc. (TSE:TCN) announced its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.20 by $0.38. The company had revenue of $308.26 million for the quarter, compared to the consensus estimate of $171.82 million. Tricon Residential had a trailing twelve-month return on equity of 3.18% and a net margin of 12.91%. How often does Tricon Residential pay dividends? What is the dividend yield for Tricon Residential? Tricon Residential announced 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 dividend on an annualized basis and a yield of 2.12%. 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 2.06%. The dividend payout ratio is 55.36%. 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). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tricon Residential Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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