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Tricon Residential - TCN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$12.39
  • Forecasted Upside: -18.31%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$15.17 As of 04/19/2024 01:00 AM ET
▼ -0.06 (-0.39%)

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

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Analyst Price Target for TCN

Analyst Price Target is C$12.39
▼ -18.31% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Tricon Residential in the last 3 months. The average price target is C$12.39, with a high forecast of C$15.17 and a low forecast of C$9.00. The average price target represents a -18.31% upside from the last price of C$15.17.

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

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Current Consensus is Hold

The current consensus among 2 contributing 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
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/5/2024National BanksharesDowngradeSector Perform ➝ TenderC$11.00 ➝ C$15.17
1/22/2024BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$12.50 ➝ C$15.15
11/9/2023BMO Capital MarketsLower TargetOutperformC$13.50 ➝ C$12.50
10/25/2023National Bank FinancialReiterated RatingSector Perform Under Weight
10/25/2023Raymond JamesLower TargetC$11.25 ➝ C$9.00
10/18/2023ScotiabankLower TargetSector PerformC$11.00 ➝ C$10.25
8/9/2023National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
5/11/2023BMO Capital MarketsBoost TargetC$13.00 ➝ C$13.50
2/24/2023BMO Capital MarketsLower TargetC$6.50 ➝ C$5.50
2/24/2023Stifel NicolausLower TargetC$6.50 ➝ C$5.75
1/30/2023National BanksharesLower TargetOutperformC$15.00 ➝ C$13.00
11/14/2022The Goldman Sachs GroupBoost TargetBuyC$14.00
11/10/2022BMO Capital MarketsLower TargetC$17.00 ➝ C$14.00
10/24/2022National BanksharesLower TargetC$18.00 ➝ C$15.00
10/18/2022The Goldman Sachs GroupReiterated RatingBuyC$13.00
10/13/2022CIBCLower TargetOutperformC$21.00 ➝ C$18.00
10/12/2022BMO Capital MarketsLower TargetC$19.00 ➝ C$17.00
9/19/2022CitigroupUpgradeBuyC$12.50
8/25/2022Morgan StanleyLower TargetHoldC$12.75
8/22/2022National BanksharesBoost TargetOutperformC$17.00 ➝ C$18.00
8/12/2022BMO Capital MarketsLower TargetC$23.00 ➝ C$19.00
8/12/2022CIBCBoost TargetOutperformC$20.50 ➝ C$21.00
7/20/2022National BanksharesLower TargetOutperformC$21.00 ➝ C$17.00
6/27/2022CIBCLower TargetC$22.00 ➝ C$20.50
4/14/2022BMO Capital MarketsBoost TargetC$22.50 ➝ C$23.00
3/31/2022TD SecuritiesDowngradeHoldC$18.00
3/28/2022Raymond JamesInitiated CoverageBuyC$18.50
3/4/2022BMO Capital MarketsBoost TargetC$20.00 ➝ C$22.50
3/4/2022CIBCBoost TargetOutperformC$21.00 ➝ C$22.00
12/6/2021The Goldman Sachs GroupInitiated CoverageBuyC$20.00
11/12/2021TD SecuritiesBoost TargetBuyC$16.00 ➝ C$16.50
11/12/2021National BanksharesBoost TargetOutperformC$18.00 ➝ C$20.00
11/12/2021BMO Capital MarketsBoost TargetC$19.00 ➝ C$20.00
11/12/2021CIBCBoost TargetOutperformC$18.50 ➝ C$21.00
11/12/2021Royal Bank of CanadaSet TargetOutperformC$16.00
11/1/2021Keefe, Bruyette & WoodsInitiated CoverageBuyC$16.75
11/1/2021Morgan StanleyInitiated CoverageHoldC$15.75
10/18/2021National Bank FinancialInitiated CoverageBuyC$18.00
10/15/2021National BanksharesInitiated CoverageBuyC$18.00
10/14/2021CIBCBoost TargetOutperformC$17.00 ➝ C$18.50
10/13/2021BMO Capital MarketsBoost TargetOutperformC$18.00 ➝ C$19.00
10/13/2021Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$15.50
10/13/2021CIBCReiterated RatingBuyC$19.00
10/1/2021TD SecuritiesBoost TargetNAC$18.00 ➝ C$19.50
8/16/2021National Bank FinancialBoost TargetNAC$18.00
8/16/2021National BanksharesBoost TargetOutperformC$16.00 ➝ C$18.00
8/13/2021BMO Capital MarketsBoost TargetC$16.00 ➝ C$18.00
8/13/2021ScotiabankBoost TargetC$15.25 ➝ C$17.50
8/13/2021CIBCReiterated RatingOutperformC$16.00 ➝ C$17.00
8/12/2021Royal Bank of CanadaBoost TargetOutperformC$17.50
7/20/2021BMO Capital MarketsBoost TargetNAC$15.50 ➝ C$16.00
6/28/2021TD SecuritiesBoost TargetBuyC$15.50 ➝ C$16.50
6/25/2021National Bank FinancialBoost TargetOutperformC$16.00
6/25/2021National BanksharesBoost TargetOutperformC$14.50 ➝ C$16.00
6/9/2021National Bank FinancialReiterated RatingOutperformC$14.50
6/9/2021National BanksharesSet TargetOutperformC$14.50
6/9/2021BMO Capital MarketsBoost TargetOutperformC$15.00 ➝ C$15.50
6/9/2021CIBCBoost TargetOutperformC$15.50 ➝ C$16.00
6/9/2021Royal Bank of CanadaBoost TargetOutperformC$15.00 ➝ C$16.00
6/8/2021TD SecuritiesBoost TargetBuyC$14.50 ➝ C$15.50
5/17/2021National BanksharesBoost TargetOutperformC$14.00 ➝ C$14.50
5/17/2021ScotiabankBoost TargetC$15.00 ➝ C$15.25
5/17/2021Royal Bank of CanadaBoost TargetOutperformC$14.50 ➝ C$15.00
5/17/2021National Bank FinancialBoost TargetOutperformC$14.50
5/14/2021CIBCBoost TargetOutperformC$14.50 ➝ C$15.50
3/8/2021ScotiabankBoost TargetC$14.00 ➝ C$15.00
3/8/2021Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$14.50
3/5/2021TD SecuritiesReiterated RatingBuyC$13.50 ➝ C$14.50
3/5/2021BMO Capital MarketsBoost TargetOutperformC$14.00 ➝ C$15.00
3/5/2021CIBCBoost TargetOutperformC$13.50 ➝ C$14.50
1/28/2021Royal Bank of CanadaBoost TargetOutperformC$13.50 ➝ C$14.00
11/16/2020Royal Bank of CanadaBoost TargetOutperformC$12.50 ➝ C$13.50
11/13/2020TD SecuritiesBoost TargetBuyC$12.00 ➝ C$13.00
11/13/2020BMO Capital MarketsBoost TargetC$12.50 ➝ C$13.50
11/13/2020CIBCBoost TargetC$12.00 ➝ C$13.50
11/2/2020National Bank FinancialBoost TargetOutperformC$11.00 ➝ C$14.00
10/26/2020National Bank FinancialBoost TargetC$11.00 ➝ C$14.00
8/28/2020BMO Capital MarketsBoost TargetC$12.00 ➝ C$12.50
8/28/2020ScotiabankBoost TargetC$11.50 ➝ C$12.00
8/10/2020National Bank FinancialBoost TargetOutperformC$9.50 ➝ C$11.00
8/10/2020Royal Bank of CanadaBoost TargetC$11.00 ➝ C$12.50
8/7/2020TD SecuritiesBoost TargetBuyC$11.50 ➝ C$12.00
8/7/2020ScotiabankBoost TargetC$11.00 ➝ C$11.50
6/11/2020ScotiabankBoost TargetC$10.25 ➝ C$11.00
6/3/2020Raymond JamesSet TargetOutperformC$9.25
5/26/2020TD SecuritiesLower TargetBuyC$12.00 ➝ C$11.50
5/22/2020National Bank FinancialLower TargetOutperformC$10.00 ➝ C$9.50
5/20/2020Raymond JamesSet TargetOutperformC$9.25
4/20/2020BMO Capital MarketsLower TargetC$13.00 ➝ C$12.00
4/17/2020ScotiabankLower TargetC$13.50 ➝ C$10.25
4/14/2020National Bank FinancialLower TargetOutperformC$13.00 ➝ C$10.00
4/9/2020Royal Bank of CanadaLower TargetOutperformC$13.00 ➝ C$11.00
3/18/2020Raymond JamesLower TargetOutperformC$13.25 ➝ C$9.25
2/28/2020Raymond JamesBoost TargetOutperformC$13.00 ➝ C$13.25
2/28/2020ScotiabankBoost TargetC$13.25 ➝ C$13.50
2/28/2020TD SecuritiesBoost TargetBuyC$13.50 ➝ C$14.50
1/31/2020Raymond JamesReiterated RatingOutperformC$13.00
12/11/2019Raymond JamesSet TargetOutperformC$12.00
11/8/2019Raymond JamesReiterated RatingOutperformC$12.00
10/3/2019Raymond JamesReiterated RatingOutperformC$11.50
8/9/2019Raymond JamesReiterated RatingStrong-BuyC$13.25
8/9/2019CIBCLower TargetC$14.00 ➝ C$13.75
7/22/2019Royal Bank of CanadaLower TargetC$14.00 ➝ C$13.00
5/9/2019TD SecuritiesDowngradeAction List Buy ➝ BuyC$14.50 ➝ C$13.50
(Data available from 4/19/2019 forward)

News Sentiment Rating

1.37 (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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 4 very positive mentions
  • 1 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: C$15.17
Low: C$15.17
High: C$15.24

50 Day Range

MA: C$15.08
Low: C$14.86
High: C$15.31

52 Week Range

Now: C$15.17
Low: C$9.03
High: C$15.39

Volume

175,137 shs

Average Volume

896,914 shs

Market Capitalization

C$4.14 billion

P/E Ratio

27.09

Dividend Yield

2.06%

Beta

1.47

Frequently Asked Questions

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

The following Wall Street analysts have issued stock ratings on Tricon Residential in the last twelve months: BMO Capital Markets, National Bank Financial, National Bankshares, Inc., Raymond James, and Scotiabank.
View the latest analyst ratings for TCN.

What is the current price target for Tricon Residential?

4 Wall Street analysts have set twelve-month price targets for Tricon Residential in the last year. Their average twelve-month price target is C$12.39, suggesting a possible downside of 18.3%. National Bankshares, Inc. has the highest price target set, predicting TCN will reach C$15.17 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$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 2 hold ratings 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 First Capital Realty, Altus Group, Gazit Globe, StorageVault Canada and Mainstreet Equity. Learn More about companies similar to Tricon Residential.

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

Tricon Residential's physical mailing address is 1067 Yonge St, TORONTO, ON M4W 2L2, Canada. The company's listed phone number is +1-416-9257228. The official website for Tricon Residential is www.triconcapital.com. Learn More about contacing Tricon Residential investor relations.