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Tricon Residential Inc. (TCN)

NYSE Real Estate Real Estate - Services
$11.25 ▲ +0.18%
Market Cap
$3.07B
Sector
Real Estate
Industry
Real Estate - Services
Beta
1.47
52-Wk Range
6.525-11.25
CEO
Gary Berman
Country
CA
Currency
USD

Tricon Residential Inc. operates in the Real Estate - Services industry of the Real Estate sector, headquartered in Toronto, ON, CA. The stock last traded at $11.25, up 0.18% on the session, giving a market capitalisation of $3.07B. On trailing twelve-month figures it carries a trailing P/E of 26.79, a net margin of 14.1%. Its beta of 1.47 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
26.79
Price / Sales
3.54
Price / Book
0.80
EV / EBITDA
34.90
Gross margin
73.3%
Operating margin
28.4%
Net margin
14.1%
Return on equity
Debt / equity
1.65
Current ratio
0.49
Dividend yield
1.5%
Payout ratio
78.8%
Company profile
Exchange
New York Stock Exchange
Employees
978
IPO date
2021-09-28
Headquarters
Toronto, ON, CA
About Tricon Residential Inc.

Established in 1988, Tricon specializes in providing rental accommodations for the middle-income population. The company maintains a substantial portfolio of around 31,000 rental properties, encompassing both single-family residences and multi-unit complexes. These assets are strategically located across 21 distinct markets throughout the U.S. and Canada and are efficiently managed through a sophisticated, technology-driven operational framework. To discover more about Tricon, visit their official website at www.triconresidential.com.

Comparable companies

Tricon Residential Inc. is most often compared with the following Real Estate names:

AFINGNLHHCHOUSPSBRDFNROICRTLSRC
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