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How to buy Tricon Residential stock (Tricon Residential)

Buy Tricon Residential stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Tricon Residential is a real estate services business based in the US. Tricon Residential shares (TCN) are listed on the NYSE and all prices are listed in US Dollars. Tricon Residential employs 978 staff and has a trailing 12-month revenue of around $884.7 million.

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  4. Search for the stock name – TCN. Search for the stock by name or ticker symbol.
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Tricon Residential stock price (NYSE: TCN)

Use our graph to track the performance of TCN stocks over time.

Tricon Residential shares at a glance

Information last updated 2024-06-23.
52-week range$7.73 - $11.25
50-day moving average $11.13
200-day moving average $9.21
Wall St. target price$11.95
PE ratio 27.439
Dividend yield $0.232 (2.06%)
Earnings per share (TTM) $0.41

Is it a good time to buy Tricon Residential stock?

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.

Is Tricon Residential stock undervalued or overvalued?

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.

Tricon Residential's P/E ratio

Tricon Residential's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Tricon Residential shares trade at around 27x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

However, Tricon Residential's P/E ratio is best considered in relation to those of others within the real estate services industry or those of similar companies.

Tricon Residential's EBITDA

Tricon Residential's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $433.7 million.

The EBITDA is a measure of a Tricon Residential's overall financial performance and is widely used to measure a its profitability.

To put Tricon Residential's EBITDA into context you can compare it against that of similar companies.

Tricon Residential financials

Revenue TTM $884.7 million
Operating margin TTM 46.54%
Gross profit TTM $628.4 million
Return on assets TTM 2.08%
Return on equity TTM 3.18%
Profit margin 12.91%
Book value $14.17
Market Capitalization $3.1 billion

TTM: trailing 12 months

Tricon Residential share dividends

87%

Dividend payout ratio: 87% of net profits

Recently Tricon Residential has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Tricon Residential's case, that would currently equate to about $0.232 per share.

Tricon Residential's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Tricon Residential's most recent dividend payout was on 14 January 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 December 2023 (the "ex-dividend date").

Tricon Residential's dividend payout ratio is perhaps best considered in relation to those of similar companies.

Tricon Residential share price volatility

Over the last 12 months, Tricon Residential's shares have ranged in value from as little as $7.7316 up to $11.25. A popular way to gauge a stock's volatility is its "beta".

TCN.US volatility(beta: 1.47)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tricon Residential's is 1.474. 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).

To put Tricon Residential's beta into context you can compare it against those of similar companies.

Tricon Residential 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.

Frequently asked questions

What percentage of Tricon Residential is owned by insiders or institutions?
Currently 3.116% of Tricon Residential shares are held by insiders and 78.643% by institutions.
How many people work for Tricon Residential?
Latest data suggests 978 work at Tricon Residential.
When does the fiscal year end for Tricon Residential?
Tricon Residential's fiscal year ends in December.
Where is Tricon Residential based?
Tricon Residential's address is: 7 St. Thomas Street, Toronto, ON, Canada, M5S 2B7
What is Tricon Residential's ISIN number?
Tricon Residential's international securities identification number is: CA89612W1023

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