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Tricon Residential is a real estate services business based in Canada. Tricon Residential stocks (TCN.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$10.82 – an increase of 0.09% over the previous week. Tricon Residential employs 1,010 staff and has a trailing 12-month revenue of around C$894.6 million.
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| Latest market close | C$10.82 |
|---|---|
| 52-week range | C$9.68 - C$15.51 |
| 50-day moving average | C$10.65 |
| 200-day moving average | C$11.62 |
| Wall St. target price | C$12.16 |
| PE ratio | 5.2732 |
| Dividend yield | C$0.232 (2.93%) |
| Earnings per share (TTM) | C$2.05 |
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Historical closes compared with the close of C$10.82 from 2023-06-01
| 1 week (2023-05-26) | 0.09% |
|---|---|
| 1 month (2023-05-02) | 1.41% |
| 3 months (2023-03-02) | 0.46% |
| 6 months (2022-12-02) | -6.80% |
| 1 year (2022-06-02) | -31.61% |
|---|---|
| 2 years (2021-06-02) | -16.32% |
| 3 years (2020-06-02) | 28.50% |
| 5 years (2018-06-01) | 11.05 |
Valuing Tricon Residential stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tricon Residential's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | C$894.6 million |
|---|---|
| Operating margin TTM | 53.27% |
| Gross profit TTM | C$628.4 million |
| Return on assets TTM | 2.62% |
| Return on equity TTM | 18.77% |
| Profit margin | 75.29% |
| Book value | C$13.99 |
| Market capitalisation | C$2.9 billion |
TTM: trailing 12 months
Dividend payout ratio: 20.34% of net profits
Recently Tricon Residential has paid out, on average, around 20.34% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tricon Residential shareholders could enjoy a 2.93% return on their shares, in the form of dividend payments. In Tricon Residential's case, that would currently equate to about C$0.232 per share.
While Tricon Residential's payout ratio might seem low, this can signify that Tricon Residential is investing more in its future growth.
Tricon Residential's most recent dividend payout was on 14 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2023 (the "ex-dividend date").
Over the last 12 months, Tricon Residential's shares have ranged in value from as little as C$9.679 up to C$15.5116. 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 (TO average) beta is 1, while Tricon Residential's is 1.3268. This would suggest that Tricon Residential's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes in the U. S. Sun Belt and multi-family apartments in 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 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.
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