Tricon Residential Inc. (TCN)
NYSE: TCN · IEX Real-Time Price · USD
11.15
+0.02 (0.18%)
Mar 27, 2024, 4:00 PM EDT - Market closed

Tricon Residential Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Tricon Residential stock have an average target of 10.13, with a low estimate of 9.00 and a high estimate of 11.25. The average target predicts a decrease of -9.15% from the current stock price of 11.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $9.00 $10.13 $11 $11.25
Change -19.28% -9.15% -1.35% +0.90%
* Price targets were last updated on Jan 22, 2024.

Analyst Ratings

The average analyst rating for TCN stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222111
Buy 333211
Hold 333455
Sell 000000
Strong Sell 000000
Total 888777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wolfe Research
Wolfe Research
Hold
Downgrades
n/a
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 +0.90% Jan 22, 2024
Citigroup
Citigroup
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 22, 2024
Raymond James
Raymond James
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 22, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$9$9.25
Hold Maintains $9$9.25 -17.04% Sep 1, 2023
More Analyst Ratings

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%
Year 202020212022202320242025
Revenue
401.07M496.61M805.67M849.78M492.98M544.09M
Revenue Growth
-23.82%62.24%5.47%-41.99%10.37%
EPS
0.582.002.090.410.290.40
EPS Growth
-244.83%4.50%-80.38%-28.56%37.93%
No. Analysts ----22
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 512.5M 565.6M
Avg 493.0M 544.1M
Low 478.3M 527.9M

Revenue Growth

Revenue Growth 20242025
High
-39.7%
14.7%
Avg
-42.0%
10.4%
Low
-43.7%
7.1%

EPS Forecast

EPS 20242025
High 0.30 0.42
Avg 0.29 0.40
Low 0.28 0.39

EPS Growth

EPS Growth 20242025
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.