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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
Buy | 3 | 3 | 3 | 2 | 1 | 1 |
Hold | 3 | 3 | 3 | 4 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 8 | 8 | 8 | 7 | 7 | 7 |
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 | +0.90% | 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 | -17.04% | 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.