Tricon Residential Inc is a Canada-based rental housing company. The Company is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes within cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.

Employees

Sector

Real Estate Development & Operations

More about the company

Market Closed - Toronto S.E. 23:00:00 02/05/2024 +03			5-day change	1st Jan Change
15.34 ^CAD	-0.78%		+0.07%	+27.20%

06-02	Dream Unlimited Corp., Kilmer Group And Tricon Living Partner With Canada Soccer To Launch New Housing Model To Strengthen High-Performance Soccer Ecosystem	CI
17/09/25	Tricon Residential Inc. acquired The Bower Gateway and Bower Hudson Crossing in Arizona from Arcadia Capital and Platform Ventures for $44.1 million.	CI

Market Cap	3.32B 2.96B 2.74B 2.48B 4.65B 315B 4.72B 33B 13.05B 165B 12.44B 12.18B 522B	P/E 2024 *	-	P/E 2025 *	-
Enterprise Value	9.23B 8.25B 7.63B 6.91B 12.93B 878B 13.15B 91.85B 36.33B 459B 34.63B 33.89B 1,454B	EV / Sales 2024 *	-	EV / Sales 2025 *	-
Free-Float	96.64%	Yield 2024 *	-	Yield 2025 *	-

06-02	Dream Unlimited Corp., Kilmer Group And Tricon Living Partner With Canada Soccer To Launch New Housing Model To Strengthen High-Performance Soccer Ecosystem	CI
17/09/25	Tricon Residential Inc. acquired The Bower Gateway and Bower Hudson Crossing in Arizona from Arcadia Capital and Platform Ventures for $44.1 million.	CI
17/09/25	Tricon Residential Inc. acquired Two Build-to-Rent Communities in Metro Phoenix from Platform Ventures and Arcadia Capital Group for $44.1 million.	CI
02/05/24	Tricon Residential Inc.(TSX:TCN) dropped from S&P/TSX Capped Composite Index	CI
02/05/24	Tricon Residential Inc.(TSX:TCN) dropped from S&P/TSX Completion Index	CI
02/05/24	Tricon Residential Inc.(TSX:TCN) dropped from S&P/TSX Composite Index	CI
02/05/24	Tricon Residential Inc.(TSX:TCN) dropped from S&P Global BMI Index	CI
01/05/24	Blackstone Real Estate Partners X L.P., a fund managed by Blackstone Real Estate Advisors L.P., completed the acquisition of remaining 88.4% stake in Tricon Residential Inc..	CI
25/04/24	Tricon Residential Brief: Announcing Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate; No Further Regulatory or Shareholder Approvals Required	MT
25/04/24	Tricon Residential Gets Final Regulatory Approval for Sale	DJ
17/04/24	REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	MT
12/04/24	TSX Brief: MT Canada Notices Trading Halt Placed on Tricon Residential Inc. Due To a "Single Stock Circuit Breaker", But It Was Down Less Than 1%	MT
06/04/24	Tricon Residential Brief: Says Receiveed Final Court Approval for Take Private by Blackstone Real Estate	MT

01/02/24	Wolfe Research Downgrades Tricon Residential to Peer Perform From Outperform	MT
22/01/24	Raymond James Downgrades Tricon Residential to Market Perform From Strong Buy	MT
22/01/24	Citigroup Downgrades Tricon Residential to Neutral From Buy, Adjusts Price Target to $11.25 From $10.50	MT
22/01/24	BMO Capital Downgrades Tricon Residential to Market Perform From Outperform, Raises Price Target to CA$15.15 From CA$12.50	MT
17/11/23	Tricon Residentail Price Target Raised to $10.50 at Raymond James	MT

TRICON CAPITAL GROUP Stock

Stocks

TCN

Real Estate Development & Operations

Valuation: TRICON CAPITAL GROUP

Latest news: TRICON CAPITAL GROUP

Analysts' recommendations: TRICON CAPITAL GROUP

Press Releases: TRICON CAPITAL GROUP

Quotes and Performance

Price Extremes

Managers and Directors: TRICON CAPITAL GROUP

Latest insider transactions

Residential Real Estate Development

Financials

Company Profile

01/05/24	Blackstone Real Estate Completes Privatization of Tricon	BU
25/04/24	Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate	BU
12/04/24	Canadian Investment Regulatory Organization Trade Resumption - TCN	AQ
12/04/24	Canadian Investment Regulatory Organization Trading Halt - TCN	AQ
11/04/24	Tricon Residential : AMENDING AGREEMENT NO. 3 - Form 6-K	PU

1 week	+0.07%
1 month	+1.25%
3 months	+3.37%
6 months	+59.79%
Current year	+27.20%

1 week	15.33	15.57
1 month	13.54	15.57
3 years	9.03	21.58
5 years	5.45	21.58

Manager	Title	Age	Since
Gregg Knutson CTO	Chief Tech/Sci/R&D Officer	-	01/07/2016
David Veneziano CMP	Compliance Officer	-	-
Jonathan Ellenzweig CIO	Chief Investment Officer	-	01/05/2020

Date	Insider	Type	Main position	Quantity	% Market Cap.
5/1/24 A	BLACKSTONE REAL ESTATE INCOME TRUST, INC.	Option	Company	60,000	0.0219%
5/1/24 A	BLACKSTONE REAL ESTATE INCOME TRUST, INC.	Sell	Company	35,210,634	12.8717%
5/1/24 A	BLACKSTONE REAL ESTATE INCOME TRUST, INC.	Option	Company	7,087,010	2.5907%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
TRICON CAPITAL GROUP	-0.78%	+0.07%	-	-	3.32B
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SUN HUNG KAI PROPERTIES LIMITED	-0.83%	+0.94%	+12.72%	+32.84%	39.97B
MITSUBISHI ESTATE CO., LTD.	-4.04%	+1.39%	+11.93%	+97.85%	30.08B
MITSUI FUDOSAN CO., LTD.	-3.63%	+2.94%	-3.01%	+46.34%	27.97B
CHINA RESOURCES LAND LIMITED	-2.51%	-2.70%	+1.09%	-2.28%	27.54B
EMAAR PROPERTIES	+1.62%	-1.39%	-21.39%	+79.11%	26.81B
VINHOMES	-0.62%	+5.97%	+11.62%	+205.74%	20.31B
CK ASSET HOLDINGS LIMITED	+1.99%	+2.26%	+19.89%	+17.35%	20.15B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	-3.80%	+1.52%	-4.43%	+75.45%	19.9B
Average	-1.24%	+3.90%	+16.10%	+176.87%	28.48B
Weighted average by Cap.	-1.12%	+5.38%	+31.25%	+302.40%

	2024 *	2025 *
Net sales	-	-
Net income	-	-
Net Debt	-	-