Tricon Residential Inc.

Equities

TCN

CA89612W1023

Real Estate Development & Operations

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
15.36 ^CAD	+0.20%		+1.25%	+27.36%

Apr. 25	Tricon Residential Brief: Announcing Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate; No Further Regulatory or Shareholder Approvals Required	MT
Apr. 25	Tricon Residential Gets Final Regulatory Approval for Sale	DJ

Tranche Update on Tricon Residential Inc.'s Equity Buyback Plan announced on October 13, 2022.

February 26, 2024

From October 1, 2023 to October 17, 2023, the company has repurchased 0 shares, representing 0% for CAD 0 million. With this, the company has completed the repurchase of 1,726,346 shares, representing 0.63% for CAD 14.15 million under the buyback announced on October 13, 2022.

Latest news about Tricon Residential Inc.

Tricon Residential Brief: Announcing Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate; No Further Regulatory or Shareholder Approvals Required	Apr. 25	MT
Tricon Residential Gets Final Regulatory Approval for Sale	Apr. 25	DJ
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	Apr. 17	MT
TSX Brief: MT Canada Notices Trading Halt Placed on Tricon Residential Inc. Due To a "Single Stock Circuit Breaker", But It Was Down Less Than 1%	Apr. 12	MT
Tricon Residential Brief: Says Receiveed Final Court Approval for Take Private by Blackstone Real Estate	Apr. 05	MT
Tricon Residential Brief: Shareholders Approve Proposed Take Private by Blackstone Real Estate	Mar. 28	MT
Exxon Mobil Executive Reportedly Warns of Shrinking Gas Supply in Australia	Mar. 26	MT
Tricon Residential Brief: Releasing 2023 Annual Sustainability Report	Mar. 26	MT
Tricon Residential Brief: Independent Proxy Advisory Firms ISS and Glass Lewis Recommending Shareholders Vote FOR Arrangement Resolution Approving Transaction with Blackstone Real Estate	Mar. 18	MT
National Bank Reviews in-Line Q4 For Tricon Residential	Feb. 28	MT
Tricon Residential's Q4 Core FFO Down, Single-Family Rental Revenue Up	Feb. 28	MT
Tricon Residential Brief: Recently Announced Receipt Of Interim Order For Proposed Take Private By Blackstone Real Estate And Provided Details Of Special Meeting	Feb. 27	MT
Tricon Residential Brief: Net loss from continuing operations was US$35.5 million in Q4 2023; basic and diluted loss per share from continuing operations were both $0.14	Feb. 27	MT
Tricon Residential Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Tranche Update on Tricon Residential Inc.'s Equity Buyback Plan announced on October 13, 2022.	Feb. 26	CI
North American Morning Briefing : Earnings Back in Focus Ahead of Fed Minutes	Feb. 20	DJ
MT Newswires Canada Stocks To Watch: SSR Mining, Tricon Residential; Imperial Oil; FSD Pharma	Feb. 19	MT
Tricon Residential Shareholders To Vote On Blackstone's Takeover Deal	Feb. 16	DJ
Wolfe Research Downgrades Tricon Residential to Peer Perform From Outperform	Feb. 01	MT
Raymond James Downgrades Tricon Residential to Market Perform From Strong Buy	Jan. 22	MT
Citigroup Downgrades Tricon Residential to Neutral From Buy, Adjusts Price Target to $11.25 From $10.50	Jan. 22	MT
National Bank Views Blackstone 'Most Aligned Strategic Player' to Take Tricon Private	Jan. 22	MT
BMO Capital Downgrades Tricon Residential to Market Perform From Outperform, Raises Price Target to CA$15.15 From CA$12.50	Jan. 22	MT
Wall St Week Ahead-Maligned US real estate sector draws buyers eyeing rate cuts	Jan. 21	RE
Stocks to Watch : Spirit Airlines, Microsoft, Invitation Homes	Jan. 19	DJ

Chart Tricon Residential Inc.

Duration

Period

More charts

Company Profile

Tricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.

Sector

Real Estate Development & Operations

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Tricon Residential Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

11.22 USD

Average target price

10.83 USD

Spread / Average Target

-3.45%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential Real Estate Development

	1st Jan change	Capi.
TRICON RESIDENTIAL INC.	+27.36%	3.32B
VONOVIA SE	-9.36%	22.5B
AKELIUS RESIDENTIAL PROPERTY AB	+9.02%	10.79B
CHINA VANKE CO., LTD.	-34.32%	10.32B
DEUTSCHE WOHNEN SE	-28.99%	7.2B
VINHOMES	-5.56%	7.01B
VINGROUP	-0.34%	6.53B
LEG IMMOBILIEN SE	-3.03%	6.09B
OPEN HOUSE GROUP CO., LTD.	+12.96%	3.57B
IIDA GROUP HOLDINGS CO., LTD.	-5.92%	3.54B

Residential Real Estate Development