Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
KBRA Assigns Ratings to Tricon Residential 2024-SFR3 KBRA Assigns Preliminary Ratings to Tricon Residential 2024-SFR3 Blackstone Real Estate Completes Privatization of Tricon 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 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 TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting Tricon Announces Date for Fourth Quarter 2023 Earnings Release Tricon's stock rallies 28% on $3.5 billion buyout deal by Blackstone Blackstone to spend $3.5 billion on buying a real estate company Blackstone to take Tricon Residential private for $3.5 billion Blackstone Real Estate to Take Tricon Residential Private KBRA Assigns Preliminary Ratings to Tricon Residential 2023-SFR2 Tricon Reports Q3 2023 Results as Strong Property Fundamentals Continue Tricon Announces Date for Third Quarter 2023 Results Conference Call Tricon Reports Q2 2023 Results Driven by Strong Housing Fundamentals Tricon Announces Date for Second Quarter 2023 Results Conference Call Affordability strains in housing are benefiting single-family REITs, says Mizuho's Haendel St. Juste Tricon Prices $416 Million Securitization at Weighted Average Yield of 5.86%, Further Reducing Floating Rate Debt KBRA Assigns Preliminary Ratings to Tricon Residential 2023-SFR1 Tricon Announces Voting Results from Annual Meeting of Shareholders FAQs

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (1)

KBRA Assigns Ratings to Tricon Residential 2024-SFR3

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental pass-through certificates. TCN 2024-SFR3 is a...

13 days ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (2)

KBRA Assigns Preliminary Ratings to Tricon Residential 2024-SFR3

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental pass-through certificates. TCN 20...

4 weeks ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (3)

Blackstone Real Estate Completes Privatization of Tricon

NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statuto...

Other symbols: BX

4 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (4)

Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announce...

4 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (5)

Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.

4 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (6)

Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Comp...

5 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (7)

Tricon Residential Releases 2023 Annual Sustainability Report

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...

5 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (8)

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Tricon Shareholders Vote FOR the Arrangement Resolution Approving Transaction with Blackstone Real Estate

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Servi...

5 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (9)

Tricon Reports Strong Q4 2023 Results

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...

6 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (10)

TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residenti...

Other symbols: BX

6 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (11)

Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that on February 15, 2024, the Ontario Superior Court of Justice (Commercial List) (...

6 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (12)

Tricon Announces Date for Fourth Quarter 2023 Earnings Release

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-famil...

7 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (13)

Tricon's stock rallies 28% on $3.5 billion buyout deal by Blackstone

Tricon Residential Inc.'s stock jumped 28% on Friday after Blackstone Inc. said it would buy the Canadian real-estate-investment company and take it private for $3.5 billion.

Other symbols: BX

7 months ago - Market Watch

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (14)

Blackstone to spend $3.5 billion on buying a real estate company

Tricon Residential Inc (TSE: TCN) opened sharply up on Friday after Blackstone Inc (NYSE: BX) said it will buy the real estate company for about $3.5 billion. Details of Tricon-Blackstone agreement Th...

Other symbols: BX

7 months ago - Invezz

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (15)

Blackstone to take Tricon Residential private for $3.5 billion

Investment management company Blackstone has agreed to take Canadian real estate firm Tricon Residential private for $3.5 billion, the companies said on Friday.

Other symbols: BX

7 months ago - Reuters

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (16)

Blackstone Real Estate to Take Tricon Residential Private

NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agre...

Other symbols: BX

7 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (17)

KBRA Assigns Preliminary Ratings to Tricon Residential 2023-SFR2

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of Tricon Residential 2023-SFR2 (TCN 2023-SFR2) single-family rental pass-through certificates. TCN 2023-SFR2 is a s...

10 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (18)

Tricon Reports Q3 2023 Results as Strong Property Fundamentals Continue

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental ap...

10 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (19)

Tricon Announces Date for Third Quarter 2023 Results Conference Call

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental ap...

11 months ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (20)

Tricon Reports Q2 2023 Results Driven by Strong Housing Fundamentals

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental ap...

1 year ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (21)

Tricon Announces Date for Second Quarter 2023 Results Conference Call

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental ap...

1 year ago - Business Wire

Affordability strains in housing are benefiting single-family REITs, says Mizuho's Haendel St. Juste

Haendel St. Juste, senior REIT analyst at Mizuho Securities, joins 'The Exchange' to discuss areas of opportunity in the REIT sector, top names in gaming REITs, and more.

Other symbols: ADCAIRCAMHVICI

1 year ago - CNBC Television

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (22)

Tricon Prices $416 Million Securitization at Weighted Average Yield of 5.86%, Further Reducing Floating Rate Debt

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental ap...

1 year ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (23)

KBRA Assigns Preliminary Ratings to Tricon Residential 2023-SFR1

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of Tricon Residential 2023-SFR1 (TCN 2023-SFR1) single-family rental pass-through certificates. TCN 2023-SFR1 is a s...

1 year ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (24)

Tricon Announces Voting Results from Annual Meeting of Shareholders

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) , an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental a...

1 year ago - Business Wire

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

Tricon Residential Inc. (TCN) Stock Price, Quote & News - Stock Analysis? ›

TCN Stock Forecast FAQ

Tricon Residential has 0.66% upside potential, based on the analysts' average price target. Tricon Residential has a consensus rating of Hold which is based on 0 buy ratings, 6 hold ratings and 0 sell ratings.

Is TCN a good stock to buy? ›

TCN Stock Forecast FAQ

Tricon Residential has 0.66% upside potential, based on the analysts' average price target. Tricon Residential has a consensus rating of Hold which is based on 0 buy ratings, 6 hold ratings and 0 sell ratings.

Is Tricon a good buy? ›

The highest analyst price target is C$15.54 ,the lowest forecast is C$15.15. The average price target represents 1.59% Increase from the current price of C$15.11. Tricon Residential's analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.

What happened to Tricon Residential stock? ›

Blackstone Real Estate has completed the acquisition of Tricon Residential Inc. for $3.5 billion, with the common shares set to be de-listed from the NYSE and TSX. The deal includes a significant investment to enhance Tricon's housing platforms in both the U.S. and Canada.

What is the stock price of Tricon today? ›

(TCN) $11.23 (NYSE) Share Price Today.

Does TCN pay a dividend? ›

How much is Tricon Residential's dividend? TSE:TCN pays a dividend of C$0.08 per share. TSE:TCN's annual dividend yield is 2.04%.

Is TSM stock a buy or sell? ›

Taiwan Semiconductor Manufacturing Company Ltd. - Buy. Zacks' proprietary data indicates that Taiwan Semiconductor Manufacturing Company Ltd. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the TSM shares relative to the market in the next few months.

Who is Tricon owned by? ›

Private equity giant Blackstone announced Friday it was buying Tricon Residential, a Toronto-based landlord that owns 38,000 homes across the U.S. and Canada for $3.5 billion. It's comparable to Blackstone's prior deal from 2021 for Home Partners of America, which owned more than 26,000 properties, for $6 billion.

Does Tricon pay dividends? ›

Tricon Residential Dividend

Tricon Residential is a dividend paying company with a current yield of 2.06% that is well covered by earnings.

What is Tricon Residential dividend yield? ›

TCN's annual dividend yield is 2.05%. When is Tricon Residential ex-dividend date? Tricon Residential's previous ex-dividend date was on Dec 28, 2023.

Why did Blackstone buy Tricon? ›

The single-family rental REIT sector has faced challenges due to higher mortgage rates, but the demand for rental homes has remained strong. Blackstone's financial strength and access to capital are expected to benefit Tricon and drive its growth after the merger.

What happens to my Tricon shares? ›

Pursuant to the terms of the Plan of Arrangement, Tricon shareholders will receive USD $11.25 in cash in exchange for each Tricon Residential Inc. common share. The common shares of Tricon Residential Inc. will be delisted from the Toronto Stock Exchange at the close of business on May 2, 2024.

Is Tricon going private? ›

All financial and share price-related information is presented in U.S. dollars unless otherwise indicated.

What is the market cap of Tricon Residential? ›

Last known market cap: $3.06 Billion

On July 4, 2024 Tricon Residential had a market cap of $3.06 Billion.

Who are the shareholders of Tricon Energy? ›

Ignacio Torras is Tricon's primary shareholder and has been President of the company since the company's inception in 1996.

Who is the owner of Tricon Energy? ›

Tricon founded

In 1996, Ignacio Torras, active President and CEO, founded Tricon Energy in Houston, TX, USA.

What is the best telecom stock to buy? ›

List of Best Telecom Stocks to Invest in 2024
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  • Hathway Cable & Datacom Ltd. 3867.7.
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Should you buy Live Nation stock? ›

LYV Stock Forecast FAQ

Live Nation Entertainment has a consensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for Live Nation Entertainment is $118.25. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Freeport McMoRan a buy or sell? ›

Freeport-McMoRan has a consensus rating of Moderate Buy which is based on 9 buy ratings, 4 hold ratings and 0 sell ratings. What is Freeport-McMoRan's price target? The average price target for Freeport-McMoRan is $55.25. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Should I sell Norfolk Southern stock? ›

Norfolk Southern has a consensus rating of Moderate Buy which is based on 10 buy ratings, 6 hold ratings and 1 sell ratings. The average price target for Norfolk Southern is $263.59. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

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