Tricon Residential Inc. (TCN)
May 2, 2024 - TCN was delisted (reason: taken private)
11.25
+0.02 (0.18%)
Last trade price
Tricon Residential Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Tricon Residential stock had an average target of 10.5, with a low estimate of 9.25 and a high estimate of 11.25.
Analyst Consensus: Hold
* Price targets were last updated on Jan 22, 2024.
Analyst Ratings
The average analyst rating for TCN stock from 6 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Buy | 3 | 3 | 2 | 1 | 1 | 1 |
| Hold | 3 | 3 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $9.5 → $11 | Hold | Maintains | $9.5 → $11 | n/a | Jan 22, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 22, 2024 |
| Raymond James | Raymond James | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 22, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $9.25 | Hold | Maintains | $9 → $9.25 | -17.78% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
492.98M
from 849.78M
Decreased by -41.99%
Revenue Next Year
544.09M
from 492.98M
Increased by 10.37%
EPS This Year
0.29
from 0.41
Decreased by -28.56%
EPS Next Year
0.40
from 0.29
Increased by 37.93%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 512.5M | 565.6M |
| Avg | 493.0M | 544.1M |
| Low | 478.3M | 527.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -39.7% | 14.7% |
| Avg | -42.0% | 10.4% |
| Low | -43.7% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.30 | 0.42 |
| Avg | 0.29 | 0.40 |
| Low | 0.28 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -25.7% | 43.4% |
| Avg | -28.6% | 37.9% |
| Low | -30.7% | 33.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.