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Tricon Residential TSX:TCN Stock Report

Last Price

CA$15.23

Market Cap

CA$4.5b

7D

-0.3%

1Y

39.1%

Updated

18 Apr, 2024

Data

Company Financials +

TCN Stock Overview

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.

TCN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health0/6
Dividends4/6

Tricon Residential Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tricon Residential
Historical stock prices
Current Share PriceCA$15.23
52 Week HighCA$15.39
52 Week LowCA$9.03
Beta1.47
1 Month Change1.13%
3 Month Change2.70%
1 Year Change39.09%
3 Year Change17.61%
5 Year Change44.77%
Change since IPO149.67%

Recent News & Updates

Recent updates

Tricon Residential (TSE:TCN) Takes On Some Risk With Its Use Of Debt

Jan 13
Tricon Residential (TSE:TCN) Takes On Some Risk With Its Use Of Debt

When Should You Buy Tricon Residential Inc. (TSE:TCN)?

Dec 14
When Should You Buy Tricon Residential Inc. (TSE:TCN)?

Is Tricon Residential (TSE:TCN) A Risky Investment?

Oct 10
Is Tricon Residential (TSE:TCN) A Risky Investment?

Is Now The Time To Look At Buying Tricon Residential Inc. (TSE:TCN)?

Aug 31
Is Now The Time To Look At Buying Tricon Residential Inc. (TSE:TCN)?

Tricon Residential Inc. (TSE:TCN) Shares Could Be 22% Below Their Intrinsic Value Estimate

Jul 25
Tricon Residential Inc. (TSE:TCN) Shares Could Be 22% Below Their Intrinsic Value Estimate

Is Tricon Residential (TSE:TCN) A Risky Investment?

Jun 04
Is Tricon Residential (TSE:TCN) A Risky Investment?

Is It Too Late To Consider Buying Tricon Residential Inc. (TSE:TCN)?

Apr 06
Is It Too Late To Consider Buying Tricon Residential Inc. (TSE:TCN)?

With EPS Growth And More, Tricon Residential (TSE:TCN) Makes An Interesting Case

Mar 07
With EPS Growth And More, Tricon Residential (TSE:TCN) Makes An Interesting Case

At CA$13.75, Is Tricon Residential Inc. (TSE:TCN) Worth Looking At Closely?

Jul 25
At CA$13.75, Is Tricon Residential Inc. (TSE:TCN) Worth Looking At Closely?

I Ran A Stock Scan For Earnings Growth And Tricon Residential (TSE:TCN) Passed With Ease

Jun 11
I Ran A Stock Scan For Earnings Growth And Tricon Residential (TSE:TCN) Passed With Ease

Are Investors Undervaluing Tricon Residential Inc. (TSE:TCN) By 22%?

May 30
Are Investors Undervaluing Tricon Residential Inc. (TSE:TCN) By 22%?

Is Tricon Residential (TSE:TCN) Using Too Much Debt?

May 18
Is Tricon Residential (TSE:TCN) Using Too Much Debt?

Is Now An Opportune Moment To Examine Tricon Residential Inc. (TSE:TCN)?

Apr 07
Is Now An Opportune Moment To Examine Tricon Residential Inc. (TSE:TCN)?

Here's Why I Think Tricon Residential (TSE:TCN) Is An Interesting Stock

Feb 28
Here's Why I Think Tricon Residential (TSE:TCN) Is An Interesting Stock

Shareholder Returns

TCNCA Real EstateCA Market
7D-0.3%-2.3%-1.9%
1Y39.1%7.0%3.7%

Return vs Industry: TCN exceeded the Canadian Real Estate industry which returned 7.4% over the past year.

Return vs Market: TCN exceeded the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is TCN's price volatile compared to industry and market?
TCN volatility
TCN Average Weekly Movement7.7%
Real Estate Industry Average Movement5.2%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TCN has not had significant price volatility in the past 3 months.

Volatility Over Time: TCN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997978Gary Bermanwww.triconresidential.com

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.

Tricon Residential Inc. Fundamentals Summary

How do Tricon Residential's earnings and revenue compare to its market cap?
TCN fundamental statistics
Market capCA$4.51b
Earnings (TTM)CA$157.22m
Revenue (TTM)CA$1.22b

28.7x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCN income statement (TTM)
RevenueUS$884.73m
Cost of RevenueUS$261.94m
Gross ProfitUS$622.79m
Other ExpensesUS$508.60m
EarningsUS$114.19m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin70.39%
Net Profit Margin12.91%
Debt/Equity Ratio156.1%

How did TCN perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

56%

Payout Ratio
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