Tricon Residential Inc.

NYSE:TCN Stock Report

Market Cap: US$3.3b

Tricon Residential Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:TCN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
01 Apr 24SellUS$1,184,779The Ira Gluskin & Maxine Granovsky Gluskin Charitable Foundation, Endowment ArmCompany106,101US$11.17
28 Mar 24SellUS$4,464,180The Ira Gluskin & Maxine Granovsky Gluskin Charitable Foundation, Endowment ArmCompany400,000US$11.19
21 Mar 24SellUS$1,219,081Ira GluskinIndividual109,696US$11.12
19 Mar 24SellUS$3,899,653Ira GluskinIndividual350,000US$11.15
01 Mar 24SellUS$32,302Gina McMullanIndividual2,898US$11.15

Insider Trading Volume

Insider Buying: TCN insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TCN?
Owner TypeNumber of SharesOwnership Percentage
Private Companies336,5180.114%
Individual Insiders6,899,5572.33%
General Public77,366,51626.1%
Institutions211,551,98171.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.

Top Shareholders

Top 25 shareholders own 58.41% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.5%
BlackRock, Inc.
28,123,624US$315.2m313%0.01%
6.26%
T. Rowe Price Group, Inc.
18,546,895US$207.9m2.18%0.02%
5.11%
BMO Asset Management Corp.
15,131,394US$169.6m-17.2%0.07%
4.4%
Scotia Asset Management L.P.
13,039,665US$146.1m3.75%0.21%
4.26%
CI Global Asset Management
12,618,354US$141.4m-13.8%0.32%
4.07%
RBC Global Asset Management Inc.
12,039,377US$134.9m7.23%0.09%
3.87%
The Vanguard Group, Inc.
11,469,344US$128.5m-0.54%no data
2.38%
CenterSquare Investment Management LLC
7,038,970US$78.9m-13.3%1.19%
2.23%
Macquarie Investment Management Business Trust
6,613,542US$74.1m-0.9%0.08%
1.96%
Land & Buildings Investment Management, LLC
5,800,314US$65.0m-6.43%15.35%
1.79%
PGIM, Inc.
5,310,217US$59.5m0%0.07%
1.7%
Wellington Management Group LLP
5,027,581US$56.3m24.2%0.01%
1.44%
David Berman
4,266,422US$47.8m0%no data
1.31%
Syquant Capital SAS
3,873,297US$43.4m0%5.65%
1.02%
Norges Bank Investment Management
3,035,279US$34.0m9.4%no data
0.99%
Millennium Management LLC
2,921,393US$32.7m232%0.03%
0.86%
Heitman Real Estate Securities LLC
2,537,968US$28.4m0%1.61%
0.83%
Citadel Advisors LLC
2,460,765US$27.6m197%0.03%
0.76%
Alberta Investment Management Corporation
2,261,100US$25.3m0%0.23%
0.68%
Apollo Real Estate Fund Adviser, LLC
2,020,000US$22.6m-5.67%1.43%
0.66%
Schonfeld Strategic Advisors LLC
1,939,906US$21.7m105%0.17%
0.64%
Manulife Asset Management
1,886,733US$21.1m15.8%0.02%
0.6%
CBRE Investment Management Listed Real Assets LLC
1,784,011US$20.0m-40.1%0.28%
0.57%
RBC Dominion Securities Inc., Asset Management Arm
1,684,297US$18.9m-9.11%0.02%
0.52%
QV Investors Inc.
1,545,302US$17.3m0%0.68%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/01 10:02
End of Day Share Price 2024/05/01 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tricon Residential Inc. is covered by 18 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wojtek NowakATB Capital Markets
Stephen MacLeodBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity