PriceTargets.com logo

Tricon Residential - TCN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $10.47
  • Forecasted Upside: -5.30%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$11.06 As of 04/18/2024 01:00 AM ET
▲ +0.06 (0.55%)

This chart shows the closing price for TCN by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Tricon Residential Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for TCN and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for TCN

Analyst Price Target is $10.47
▼ -5.30% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Tricon Residential in the last 3 months. The average price target is $10.47, with a high forecast of $11.25 and a low forecast of $9.00. The average price target represents a -5.30% upside from the last price of $11.06.

This chart shows the closing price for TCN for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in Tricon Residential. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
7/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
1/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
4/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2024Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
1/22/2024TD SecuritiesDowngradeBuy ➝ Tender$10.50 ➝ $11.25Low
1/22/2024CIBCDowngradeOutperform ➝ Tender$10.00 ➝ $11.25Low
1/22/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$9.50 ➝ $11.25Low
1/22/2024Raymond JamesReiterated RatingStrong-Buy ➝ Market PerformLow
1/22/2024CitigroupReiterated RatingBuy ➝ Neutral$10.50 ➝ $11.25Low
1/22/2024BMO Capital MarketsDowngradeOutperform ➝ Market PerformLow
11/17/2023Raymond JamesBoost TargetStrong-Buy$9.00 ➝ $10.50Low
11/9/2023ScotiabankLower TargetOutperform$10.25 ➝ $10.00Low
11/9/2023CIBCLower TargetOutperform$11.50 ➝ $10.00Low
10/25/2023National Bank FinancialReiterated RatingSector Perform Under WeightLow
10/19/2023Royal Bank of CanadaLower TargetMarket Perform$10.00 ➝ $9.00Low
9/1/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$9.00 ➝ $9.25Low
8/18/2023Raymond JamesLower TargetStrong-Buy$12.00 ➝ $11.25Low
8/10/2023National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
6/30/2023ScotiabankReiterated RatingSector Outperform ➝ Sector Outperform$11.00Low
6/26/2023VNET GroupReiterated RatingReiteratesLow
3/22/2023MizuhoInitiated CoverageBuy$9.00Low
3/16/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$9.00 ➝ $8.50Low
3/13/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$9.25Low
3/3/2023TD SecuritiesLower TargetBuy$13.00 ➝ $11.50Low
3/3/2023Raymond JamesLower TargetStrong-Buy$13.00 ➝ $11.00Low
1/30/2023National Bank FinancialLower TargetC$15.00 ➝ C$13.00Low
12/15/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$12.20Low
12/12/2022Morgan StanleyLower TargetEqual Weight$12.75 ➝ $8.50Low
12/8/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$11.00 ➝ $9.50Low
11/29/2022Wolfe ResearchInitiated CoverageMarket PerformLow
11/16/2022Raymond JamesLower TargetStrong-Buy$15.00 ➝ $13.00Low
11/14/2022Royal Bank of CanadaLower TargetOutperform$12.00 ➝ $11.00Low
11/11/2022TD SecuritiesLower TargetBuy$14.00 ➝ $13.00Low
10/24/2022National Bank FinancialLower TargetC$18.00 ➝ C$15.00Low
10/18/2022The Goldman Sachs GroupLower TargetBuy$14.75 ➝ $11.00Low
10/13/2022Raymond JamesLower TargetStrong-Buy$16.50 ➝ $15.00Low
10/13/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$16.50 ➝ $15.50Low
9/19/2022CitigroupUpgradeNeutral ➝ Buy$12.50Low
8/25/2022Morgan StanleyBoost TargetEqual Weight$11.75 ➝ $12.75Low
8/22/2022National Bank FinancialBoost TargetC$17.00 ➝ C$18.00Low
8/16/2022Raymond JamesBoost TargetStrong-Buy$16.00 ➝ $16.50Low
8/12/2022BMO Capital MarketsLower TargetC$23.00 ➝ C$19.00Low
8/12/2022TD SecuritiesBoost TargetBuy$14.50 ➝ $15.00Low
8/2/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$17.00 ➝ $16.00Low
7/20/2022National Bank FinancialLower TargetC$21.00 ➝ C$17.00Low
7/15/2022Morgan StanleyLower TargetEqual Weight$13.50 ➝ $11.75Low
5/27/2022Morgan StanleyLower TargetEqual Weight$15.75 ➝ $13.50Low
5/18/2022Raymond JamesLower TargetOutperformC$18.50 ➝ C$17.00Low
5/12/2022Royal Bank of CanadaLower TargetOutperform$18.00 ➝ $17.00Low
5/12/2022Raymond JamesSet TargetOutperform$18.50High
5/12/2022TD SecuritiesUpgradeHold ➝ Buy$18.00 ➝ $17.00High
4/14/2022BMO Capital MarketsBoost TargetC$22.50 ➝ C$23.00Low
3/31/2022TD SecuritiesDowngradeBuy ➝ Hold$17.00 ➝ $18.00High
3/28/2022Raymond JamesInitiated CoverageOutperform$18.50Low
3/4/2022Royal Bank of CanadaBoost TargetOutperform$17.00 ➝ $18.00High
12/5/2021The Goldman Sachs GroupInitiated CoverageBuy$16.50N/A
11/11/2021National BanksharesBoost TargetOutperformC$18.00 ➝ C$20.00Low
11/11/2021BMO Capital MarketsBoost TargetOutperformC$19.00 ➝ C$20.00Low
11/11/2021CIBCBoost TargetOutperformC$18.50 ➝ C$21.00Low
11/1/2021Morgan StanleyInitiated CoverageEqual Weight$15.75Medium
11/1/2021Keefe, Bruyette & WoodsInitiated CoverageOutperform$16.75Medium
10/25/2021TD SecuritiesInitiated CoverageBuyLow
10/22/2021Royal Bank of CanadaBoost TargetOutperform$15.50 ➝ $16.00Low
10/14/2021CIBCBoost TargetOutperformC$17.00 ➝ C$18.50Low
10/13/2021Royal Bank of CanadaBoost TargetOutperform$14.00 ➝ $15.50Medium
5/17/2021Royal Bank of CanadaBoost TargetOutperform$14.50 ➝ $15.00N/A
10/4/2019Raymond JamesReiterated RatingBuy ➝ Average$11.50N/A
(Data available from 4/18/2019 forward)

News Sentiment Rating

0.77 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 9 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 8 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 8 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Tricon Residential logo
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.
Read More

Today's Range

Now: $11.06
Low: $11.00
High: $11.09

50 Day Range

MA: $11.11
Low: $10.95
High: $11.19

52 Week Range

Now: $11.06
Low: $6.53
High: $11.19

Volume

6,336,896 shs

Average Volume

7,286,116 shs

Market Capitalization

$3.28 billion

P/E Ratio

38.12

Dividend Yield

2.12%

Beta

1.43

Frequently Asked Questions

What sell-side analysts currently cover shares of Tricon Residential?

The following Wall Street analysts have issued research reports on Tricon Residential in the last year: BMO Capital Markets, CIBC, Citigroup Inc., Keefe, Bruyette & Woods, Morgan Stanley, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, VNET Group, Inc., and Wolfe Research.
View the latest analyst ratings for TCN.

What is the current price target for Tricon Residential?

8 Wall Street analysts have set twelve-month price targets for Tricon Residential in the last year. Their average twelve-month price target is $10.47, suggesting a possible downside of 5.3%. TD Securities has the highest price target set, predicting TCN will reach $11.25 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $9.00 for Tricon Residential in the next year.
View the latest price targets for TCN.

What is the current consensus analyst rating for Tricon Residential?

Tricon Residential currently has 7 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TCN, but not buy more shares or sell existing shares.
View the latest ratings for TCN.

What other companies compete with Tricon Residential?

Other companies that are similar to Tricon Residential include Associated Banc, Howard Hughes, EPR Properties, Brighthouse Financial and Federated Hermes. Learn More about companies similar to Tricon Residential.

How do I contact Tricon Residential's investor relations team?

The company's listed phone number is (416) 925-7228. The official website for Tricon Residential is www.triconresidential.com. Learn More about contacing Tricon Residential investor relations.