Tricon Residential Inc. (TCN)

NYSE: TCN · IEX Real-Time Price · USD
11.15
0.00 (0.00%)
At close: Mar 28, 2024, 4:00 PM
11.12
-0.03 (-0.27%)
After-hours: Mar 28, 2024, 7:40 PM EDT

Total Valuation

TCN has a market cap or net worth of $3.04 billion. The enterprise value is $8.60 billion.

Market Cap 3.04B
Enterprise Value 8.60B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date Dec 28, 2023

Share Statistics

TCN has 272.36 million shares outstanding. The number of shares has decreased by -0.33% in one year.

Shares Outstanding 272.36M
Shares Change (YoY) -0.33%
Shares Change (QoQ) n/a
Owned by Insiders (%) 3.38%
Owned by Institutions (%) 80.48%
Float 265.96M

Valuation Ratios

The trailing PE ratio is 27.20 and the forward PE ratio is 38.07.

PE Ratio 27.20
Forward PE 38.07
PS Ratio 3.58
Forward PS n/a
PB Ratio 0.79
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 75.29
EV / Sales 10.12
EV / EBITDA 18.74
EV / EBIT 18.74
EV / FCF n/a

Financial Position

The company has a current ratio of 0.49, with a Debt / Equity ratio of 1.50.

Current Ratio 0.49
Quick Ratio 0.44
Debt / Equity 1.50
Debt / EBITDA 12.59
Debt / FCF n/a
Interest Coverage 1.45

Financial Efficiency

Return on equity (ROE) is 3.00% and return on invested capital (ROIC) is 6.66%.

Return on Equity (ROE) 3.00%
Return on Assets (ROA) 0.90%
Return on Capital (ROIC) 6.66%
Revenue Per Employee $841,361
Profits Per Employee $113,059
Employee Count 1,010
Asset Turnover 0.07
Inventory Turnover n/a

Taxes

In the past 12 months, TCN has paid $28.14 million in taxes.

Income Tax 28.14M
Effective Tax Rate 19.77%

Stock Price Statistics

The stock price has increased by +50.68% in the last 52 weeks. The beta is 1.47, so TCN's price volatility has been higher than the market average.

Beta (1Y) 1.47
52-Week Price Change +50.68%
50-Day Moving Average 11.04
200-Day Moving Average 8.95
Relative Strength Index (RSI) 63.29
Average Volume (30 Days) 6,758,881

Short Selling Information

The latest short interest is 2.80 million, so 1.03% of the outstanding shares have been sold short.

Short Interest 2.80M
Short Previous Month 2.71M
Short % of Shares Out 1.03%
Short % of Float 1.05%
Short Ratio (days to cover) 0.93

Income Statement

In the last 12 months, TCN had revenue of $849.78 million and earned $114.19 million in profits. Earnings per share was $0.41.

Revenue 849.78M
Gross Profit 587.84M
Operating Income 800.66M
Pretax Income 142.33M
Net Income 114.19M
EBITDA 458.80M
EBIT 458.80M
Earnings Per Share (EPS) $0.41
Full Income Statement

Balance Sheet

The company has $220.36 million in cash and $5.78 billion in debt, giving a net cash position of -$5.56 billion or -$20.41 per share.

Cash & Cash Equivalents 220.36M
Total Debt 5.78B
Net Cash -5.56B
Net Cash Per Share -$20.41
Equity / Book Value 3.86B
Book Value Per Share 14.19
Working Capital -288.44M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $138.04 million and capital expenditures -$580.65 million, giving a free cash flow of -$442.61 million.

Operating Cash Flow 138.04M
Capital Expenditures -580.65M
Free Cash Flow -442.61M
FCF Per Share -$1.62
Full Cash Flow Statement

Margins

Gross margin is 69.18%, with operating and profit margins of 94.22% and 13.44%.

Gross Margin 69.18%
Operating Margin 94.22%
Pretax Margin 16.75%
Profit Margin 13.44%
EBITDA Margin 53.99%
EBIT Margin 53.99%
FCF Margin -52.09%

Dividends & Yields

This stock pays an annual dividend of $0.23, which amounts to a dividend yield of 2.08%.

Dividend Per Share $0.23
Dividend Yield 2.08%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 56.59%
Buyback Yield 0.33%
Shareholder Yield 2.41%
Earnings Yield 3.76%
FCF Yield -14.56%
Dividend Details

Analyst Forecast

The average price target for TCN is $10.50, which is -5.83% lower than the current price. The consensus rating is "Hold".

Price Target $10.50
Price Target Difference -5.83%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

TCN has an Altman Z-Score of 0.53 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.53
Piotroski F-Score 6