Tricon Residential Inc. (TSX: TCN)
Canada
· Delayed Price · Currency is CAD | Market Cap | 4.22B |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 161.12M |
| Shares Out | 296.79M |
| EPS (ttm) | 0.41 |
| PE Ratio | 27.54 |
| Forward PE | 14.58 |
| Dividend | 0.17 (1.13%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 105,869 |
| Open | 15.39 |
| Previous Close | 15.37 |
| Day's Range | 15.39 - 15.45 |
| 52-Week Range | 9.03 - 15.45 |
| Beta | 1.47 |
| Analysts | n/a |
| Price Target | 12.04 (-22.02%) |
| Earnings Date | May 7, 2024 |
About Tricon Residential
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... [Read more]
Financial Performance
In 2023, TCN's revenue was $849.78 million, an increase of 5.47% compared to the previous year's $805.67 million. Earnings were $121.82 million, a decrease of -85.04%.
Financial numbers in USD Financial StatementsNews
Tricon Residential gains as deal set to close Wednesday after Investment Canada OK
Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announce...
Tricon Residential drops on report Canada to restrict PE investment in housing market
Tricon Residential receives final court approval for take private by Blackstone Real Estate
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.
Tricon Residential shareholders approve go-private deal with Blackstone
Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Comp...
Tricon Residential Releases 2023 Annual Sustainability Report
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Tricon Shareholders Vote FOR the Arrangement Resolution Approving Transaction with Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Servi...
Tricon Reports Strong Q4 2023 Results
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...
TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residenti...
Tricon Residential gets court order to take private by Blackstone Real Estate
Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that on February 15, 2024, the Ontario Superior Court of Justice (Commercial List) (...
Tricon Announces Date for Fourth Quarter 2023 Earnings Release
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...
TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residenti...
Tricon Residential: Blackstone's Accretive Acquisition
Home rental REITs advance after Blackstone-Tricon deal
Blackstone's acquisition of Tricon Residential boosts rental housing REITs, with shares surging and analysts giving a buy recommendation.
Why TransCode Therapeutics Shares Are Trading Lower By Over 24%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of TransCode Therapeutics, Inc. (NASDAQ: RNAZ) fell sharply during Friday’s session. TransCode Therapeutics priced a 5,942,623 share common stock offering at $1.22 per share. TransCode Therape...
Blackstone's Real Estate Power Move: Takes Tricon Residential Private
Blackstone's acquisition of Tricon Residential at $11.25 per ... Full story available on Benzinga.com
Dow Jumps 150 Points; US Consumer Sentiment Surges In January
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 150 points on Friday. The Dow traded up 0.41% to 37,621.27 while the NASDAQ rose 0.66% to 15,154.43. The S&P 5...
Tricon Residential, Paramount Group, Ucommune International in real estate movers
Blackstone's acquisition of Tricon Residential boosts the stock by 28%, while Real Brokerage and Paramount Group also gain 6%.
Tricon's stock rallies 28% on $3.5 billion buyout deal by Blackstone
Tricon Residential Inc.'s stock jumped 28% on Friday after Blackstone Inc. said it would buy the Canadian real-estate-investment company and take it private for $3.5 billion.
World Acceptance Posts Upbeat Earnings, Joins Kaman, Spirit Airlines And Other Big Stocks Moving Higher On Friday
U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Friday. Shares of World Acceptance Corporation (NASDAQ: WRLD) rose sharply during Friday’s session following upbeat qua...
Financials Company Blackstone Announces Acquisition of Tricon Residential
Blackstone (NYSE: BX) has announced an acquisition of Tricon Residential (TSX: TCN) that is expected to be completed in Q2 of 2024. Under the terms of the agreement, Blackstone has agreed to give Tr...
Blackstone to spend $3.5 billion on buying a real estate company
Tricon Residential Inc (TSE: TCN) opened sharply up on Friday after Blackstone Inc (NYSE: BX) said it will buy the real estate company for about $3.5 billion. Details of Tricon-Blackstone agreement Th...