Tricon Residential (TCN) Stock Price, News & Analysis

Company 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. 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.

Key Stats

• Today's Range: $11.23 to $11.25
• 50-Day Range: $10.95 to $11.25
• 52-Week Range: $6.53 to $11.25
• Volume: 36.63 million shs
• Average Volume: 7.95 million shs
• Market Capitalization: $3.34 billion
• P/E Ratio: 38.79
• Dividend Yield: 2.04%
• Price Target: N/A
• Consensus Rating: N/A

TCN Stock Analysis - Frequently Asked Questions

How were Tricon Residential's earnings last quarter?

Tricon Residential Inc. (NYSE:TCN) released its earnings results on Tuesday, November, 9th. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.78. The firm earned $113.98 million during the quarter. Tricon Residential had a net margin of 19.97% and a trailing twelve-month return on equity of 3.12%.

What other stocks do shareholders of Tricon Residential own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tricon Residential investors own include Meta Platforms (META), NVIDIA (NVDA), Arista Networks (ANET), Advanced Micro Devices (AMD), Broadcom (AVGO), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 11/09/2021
• Today: 2/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate operators (except developers) & lessors
• Sub-Industry: N/A
• Current Symbol: NYSE:TCN
• CUSIP: N/A
• CIK: 1584425
• Web: www.triconresidential.com
• Phone: (416) 925-7228
• Fax: N/A
• Employees: 978
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.29
• Trailing P/E Ratio: 38.79
• Forward P/E Ratio: 18.44
• P/E Growth: N/A
• Net Income: $114.19 million
• Net Margins: 19.97%
• Pretax Margin: 18.86%
• Return on Equity: 3.12%
• Return on Assets: 0.93%

Debt

• Debt-to-Equity Ratio: 1.41
• Current Ratio: 0.49
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: $849.78 million
• Price / Sales: 3.93
• Cash Flow: $0.45 per share
• Price / Cash Flow: 25.25
• Book Value: $14.15 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 296,790,000
• Free Float: 287,888,000
• Market Cap: $3.34 billion
• Optionable: Not Optionable
• Beta: 1.39