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Tri-Continental Corporation is an asset management business based in the US. Tri-Continental Corporation shares (TY) are listed on the NYSE and all prices are listed in US Dollars.
|Latest market close||$34.93|
|52-week range||$24.40 - $35.05|
|50-day moving average||$34.16|
|200-day moving average||$34.02|
|Wall St. target price||N/A|
|Dividend yield||$1.662 (4.87%)|
|Earnings per share (TTM)||$10.93|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-15)||1.22%|
|1 month (2021-09-24)||2.52%|
|3 months (2021-07-23)||2.10%|
|6 months (2021-04-23)||3.62%|
|1 year (2020-10-23)||30.48%|
|2 years (2019-10-23)||27.67%|
|3 years (2018-10-23)||32.56%|
|5 years (2016-10-21)||66.33%|
Valuing Tri-Continental Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tri-Continental Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tri-Continental Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Tri-Continental Corporation shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$61.8 million|
|Operating margin TTM||86.5%|
|Gross profit TTM||$63.4 million|
|Return on assets TTM||1.87%|
|Return on equity TTM||32.25%|
|Market capitalisation||$1.8 billion|
TTM: trailing 12 months
There are currently 806,595 Tri-Continental Corporation shares held short by investors – that's known as Tri-Continental Corporation's "short interest". This figure is 1.8% up from 792,518 last month.
There are a few different ways that this level of interest in shorting Tri-Continental Corporation shares can be evaluated.
Tri-Continental Corporation's "short interest ratio" (SIR) is the quantity of Tri-Continental Corporation shares currently shorted divided by the average quantity of Tri-Continental Corporation shares traded daily (recently around 38909.551374819). Tri-Continental Corporation's SIR currently stands at 20.73. In other words for every 100,000 Tri-Continental Corporation shares traded daily on the market, roughly 20730 shares are currently held short.
However Tri-Continental Corporation's short interest can also be evaluated against the total number of Tri-Continental Corporation shares, or, against the total number of tradable Tri-Continental Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tri-Continental Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Tri-Continental Corporation shares in existence, roughly 20 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Tri-Continental Corporation shares, roughly 0 shares are currently held short).
A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against Tri-Continental Corporation.
Find out more about how you can short Tri-Continental Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Tri-Continental Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 29.95
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Tri-Continental Corporation's overall score of 29.95 (as at 12/31/2018) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Tri-Continental Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 11.6/100
Tri-Continental Corporation's environmental score of 11.6 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri-Continental Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 15.4/100
Tri-Continental Corporation's social score of 15.4 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri-Continental Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 10.39/100
Tri-Continental Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Tri-Continental Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||29.95|
|Total ESG percentile||8|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
Dividend payout ratio: 13.1% of net profits
Recently Tri-Continental Corporation has paid out, on average, around 13.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.04% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tri-Continental Corporation shareholders could enjoy a 3.04% return on their shares, in the form of dividend payments. In Tri-Continental Corporation's case, that would currently equate to about $1.662 per share.
While Tri-Continental Corporation's payout ratio might seem low, this can signify that Tri-Continental Corporation is investing more in its future growth.
Tri-Continental Corporation's most recent dividend payout was on 26 December 2018. The latest dividend was paid out to all shareholders who bought their shares by 13 September 2021 (the "ex-dividend date").
Over the last 12 months, Tri-Continental Corporation's shares have ranged in value from as little as $24.399 up to $35.0547. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tri-Continental Corporation's is 1.0508. This would suggest that Tri-Continental Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States. .
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