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Market Cap 2.48B P/E 5.97 EPS this Y -70.60% Ern Qtrly Grth -
Income 114.19M Forward P/E 17.13 EPS next Y -61.30% 50D Avg Chg 4.00%
Sales 884.73M PEG - EPS past 5Y -3.03% 200D Avg Chg 9.00%
Dividend 2.00% Price/Book 0.65 EPS next 5Y - 52W High Chg -26.00%
Recommedations 2.70 Quick Ratio 0.36 Shares Outstanding 272.64M 52W Low Chg 26.00%
Insider Own 3.12% ROA 2.08% Shares Float 265.98M Beta 1.47
Inst Own 78.64% ROE 3.18% Shares Shorted/Prior 4.56M/2.56M Price 9.08
Gross Margin 70.39% Profit Margin 12.91% Avg. Volume 686,127 Target Price 8.74
Oper. Margin 46.54% Earnings Date May 7 Volume 676,746 Change -2.26%
About Tricon Residential Inc.

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 operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. Blackstone Real Estate Advisors L.P. As of May 1, 2024, Tricon Residential Inc. operates as subsidiary of Blackstone Real Estate Advisors L.P.

TCN Chatroom

User Image rocksteadystocks Posted - 1 month ago

$TCN https://www.businesswire.com/news/home/20240430357239/en/

User Image BioRich Posted - 6 months ago

$TCN does this ever move or is it stagnant because of Blackrock takeover?

User Image Stock_Titan Posted - 6 months ago

$TCN $BX Blackstone Real Estate Completes Privatization of Tricon https://www.stocktitan.net/news/TCN/blackstone-real-estate-completes-privatization-of-vj9u1yo0hquc.html

User Image MoonWalkerz Posted - 04/25/24

WORX is beginning to Squeeze! $T $TCN $TGL $MSFT "

User Image Stock_Titan Posted - 04/25/24

$TCN Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate https://www.stocktitan.net/news/TCN/tricon-residential-inc-announces-receipt-of-investment-canada-act-rlvaj9o808ta.html

User Image VrtcIl Posted - 7 months ago

$TCN is one to watch for the day and maybe the following days as well if it manages to keep holding up. But never blindly enter and be patient for entry points with a defined risk. Price: 10.83 Float: 256.9M Short Float: 1.2 % 💰 Dollar Volume: 10.5M ℹ️ Canada | Real Estate Services

User Image _www_larval_com_ Posted - 7 months ago

$TCN just stumbled -4% lower to -5% (~15Mv) in the last few minutes, 04/19 options, follow for more volatility.

User Image DonCorleone77 Posted - 7 months ago

$TCN $BX Tricon receives final court approval for take private deal Tricon Residential announced that the Ontario Superior Court of Justice has granted a final order approving its previously announced statutory plan of arrangement under the Business Corporations Act pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. will acquire all of the outstanding common shares of the Tricon for $11.25 per Common Share in cash. Completion of the Transaction remains subject to the satisfaction or waiver of certain customary closing conditions, including the receipt of regulatory approval under the Investment Canada Act. Subject to the satisfaction or waiver of all of the conditions to the Transaction, the Transaction is expected to be completed in the second quarter of this year. Following completion of the Transaction, it is anticipated that the Common Shares will be delisted from the NY Stock Exchange and the Toronto Stock Exchange...

User Image Stock_Titan Posted - 7 months ago

$TCN Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate https://www.stocktitan.net/news/TCN/tricon-residential-inc-receives-final-court-approval-for-take-yudqw7vobbmd.html

User Image DonCorleone77 Posted - 03/28/24

$TCN Tricon's private acquisition by Blackstone Real Estate approved by shareholders Tricon Residential shareholders voted to approve the statutory plan of arrangement pursuant to which Blackstone Real Estate will acquire all of the outstanding common shares of Tricon for $11.25 per common share in cash. Of the votes cast, a total of 208,391,666 shares were voted in favor of approving the arrangement, approximately 99.3% of shareholder votes. Tricon intends to seek a final order from the Ontario Superior Court of Justice to approve the arrangement on April 5. Subject to the satisfaction or waiver of all of the conditions, the transaction is expected to be completed in Q2. Following completion, the common shares will be delisted from the NYSE and the TSX and the company will apply to cease to be a reporting issuer under applicable Canadian securities laws and will deregister the common shares under the U.S. Securities Exchange Act of 1934.

User Image Stock_Titan Posted - 03/28/24

$TCN Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate https://www.stocktitan.net/news/TCN/tricon-shareholders-approve-proposed-take-private-by-blackstone-real-97kctyl2b66x.html

User Image Mergerbrief Posted - 03/28/24

$TCN $BX - $TCN Shareholder Vote Mergerbrief.com

User Image BioRich Posted - 03/26/24

$TCN new to following here. What was the big jump from back in January?

User Image babyloncapital Posted - 02/29/24

$TCN👀

User Image Stock_Titan Posted - 02/27/24

$TCN Tricon Reports Strong Q4 2023 Results https://www.stocktitan.net/news/TCN/tricon-reports-strong-q4-2023-8nbhfi4emecn.html

User Image DonCorleone77 Posted - 9 months ago

$TCN 2 of 2 - Tricon Residential receives interim order for proposed take private deal ....The Consideration of $11.25 per Common Share in cash represents a premium of approximately 30% to the closing price of the Common Shares on the New York Stock Exchange as of January 18, 2024, the last trading day prior to the public announcement of the Arrangement, and a premium of approximately 42% to the volume weighted average share price on the NYSE over the 90-day period ended January 18, 2024. BREIT will maintain its approximately 11% ownership stake in the Company post-closing.

User Image DonCorleone77 Posted - 9 months ago

$TCN 1 of 2 - Tricon Residential receives interim order for proposed take private deal Tricon Residential announced that on February 15, 2024, the Ontario Superior Court of Justice granted an interim order in connection with the previously announced statutory plan of arrangement under the Business Corporations Act pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. will acquire all outstanding common shares of Tricon for $11.25 (approximately C$15.18 based on the Bank of Canada USD/CAD exchange rate at February 15, 2024) per Common Share in cash. The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 of the holders of Common Shares, the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting....

User Image Stock_Titan Posted - 9 months ago

$TCN Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting https://www.stocktitan.net/news/TCN/tricon-residential-announces-receipt-of-interim-order-for-proposed-096otcricd5f.html

User Image Stock_Titan Posted - 9 months ago

$TCN Tricon Announces Date for Fourth Quarter 2023 Earnings Release https://www.stocktitan.net/news/TCN/tricon-announces-date-for-fourth-quarter-2023-earnings-nyl8y47ai6a2.html

User Image ImranRanger5 Posted - 9 months ago

$TCN After spending a few days in the FREE trial, our member learned how to make some large PROFITS! Get 14 Day Free Trial👉 @ImranRanger5

User Image swingingtech Posted - 9 months ago

$BX, $TCN, $BRNK https://wallstreetwaves.com/billionaire-investor-is-buying-reits-and-you-should-too/

User Image Jdp007 Posted - 01/24/24

$TCN Easy money. Buyout price is a bit of a pemium to trading price. Wonder why people are still buying? There is a right that comes with each share valued at 61 cents.

User Image ChartMill Posted - 01/24/24

$TCN: SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates $TCN, JBT, NS https://www.chartmill.com/news/TCN/prnews-2024-1-24-shareholder-notice-halper-sadeh-llc-investigates-tcn-jbt-ns?utm_source=prnews-2024-1-24-shareholder-notice-halper-sadeh-llc-investigates-tcn-jbt-ns&utm_medium=stocktwits&utm_campaign=pressRelease

User Image tickeron Posted - 01/23/24

A.I.dvisor made a bullish call on $TCN, netting in a 26.95% gain over 2 days https://srnk.us/go/4976297

User Image AcestonKennedy Posted - 01/22/24

VTVT is breaking out and SQUEEZING in after hours!!! Whales are locking the Float🚀only 600k Shares!!! $BAC $AMZN $TCN $PFE 27

User Image AcestonKennedy Posted - 01/22/24

VTVT is breaking out and SQUEEZING in after hours!!! Whales are locking the Float🚀only 600k Shares!!! $TCN $PFE $AAL $NU :!

User Image cctranscripts Posted - 01/22/24

National Bank of Canada just provided an update on share ownership of Tricon Residential Inc. https://www.conferencecalltranscripts.org/summary/?id=12884336 $TCN

User Image freeindeed Posted - 01/22/24

$TCN Four times the last 10 day avg and 14 times over the last 90 day avg and it didn't budge. weird huh?

User Image freeindeed Posted - 01/22/24

$TCN Bot a lot?

User Image KBalla Posted - 01/22/24

$TCN I’m wondering if similarly modeled companies $AMH and $INVH are buys here based on the big money viewing this model as good growth?