Tricon Residential Inc TCN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Tricon Residential Gets Final Regulatory Approval for Sale
-
Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate
-
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
-
Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate
-
Tricon Residential Releases 2023 Annual Sustainability Report
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Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Tricon Shareholders Vote FOR the Arrangement Resolution Approving Transaction with Blackstone Real Estate
-
Tricon Reports Strong Q4 2023 Results
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Tricon Residential Shareholders To Vote On Blackstone's Takeover Deal
Trading Information
- Previous Close Price
- CAD 15.33
- Day Range
- CAD 15.33–15.38
- 52-Week Range
- CAD 9.03–15.43
- Bid/Ask
- CAD 15.28 / CAD 15.37
- Market Cap
- CAD 4.19 Bil
- Volume/Avg
- 963,591 / 676,726
Key Statistics
- Price/Earnings (Normalized)
- 15.47
- Price/Sales
- 3.69
- Dividend Yield (Trailing)
- 1.90%
- Dividend Yield (Forward)
- 2.72%
- Total Yield
- 2.19%
Company Profile
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 37,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
- Sector
- Real Estate
- Industry
- Real Estate Services
- Stock Style Box
- Mid Core
- Total Number of Employees
- 1,010
Comparables
Valuation
|
Metric
|
TCN
|
MEQ
|
0230
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.47 | 26.10 | 34.21 |
Price/Book Value | 0.82 | 1.21 | 1.63 |
Price/Sales | 3.69 | 7.64 | 4.06 |
Price/Cash Flow | 28.53 | 23.23 | 211.95 |
Price/Earnings
TCN
MEQ
0230
Financial Strength
|
Metric
|
TCN
|
MEQ
|
0230
|
|---|---|---|---|
Quick Ratio | 0.35 | 0.86 | 1.90 |
Current Ratio | 0.49 | 1.00 | 6.07 |
Interest Coverage | 1.49 | 5.46 | — |
Quick Ratio
TCN
MEQ
0230
Profitability
|
Metric
|
TCN
|
MEQ
|
0230
|
|---|---|---|---|
Return on Assets (Normalized) | 0.89% | 5.28% | 2.67% |
Return on Equity (Normalized) | 2.98% | 12.69% | 4.63% |
Return on Invested Capital (Normalized) | 3.55% | 6.95% | 2.67% |
Return on Assets
TCN
MEQ
0230
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