In today’s recent session, 1.24 million shares of the Tricon Residential Inc (NYSE:TCN) were traded. Most recently the company’s share price was $11.05, and it changed around $0.0 or -0.05% from the last close, which brings the market valuation of the company to $3.02B. TCN at last check was trading at a discount to its 52-week high of $11.19, offering almost -1.27% off that amount. The share price’s 52-week low was $6.53, which indicates that the recent value has risen by an impressive 40.9% since then. We note from Tricon Residential Inc’s average daily trading volume that its 3-month average coming to 6.01 million.
Tricon Residential Inc (NYSE:TCN) trade information
Instantly TCN has been showing red trend so far today with a performance of -0.05% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 21.37% year-to-date, but still up 0.50% over the last five days. On the other hand, Tricon Residential Inc (NYSE:TCN) is -0.59% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9.67, which translates to bulls needing to decrease their stock price by -14.27% from its current value. Analyst projections state that TCN is forecast to be at a low of $8.5 and a high of $11.
Tricon Residential Inc (TCN) estimates and forecasts
Tricon Residential Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 61.71 percent over the past six months and at a 48.78% annual growth rate that is well above the industry average of 5.40%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -21.57%.
TCN Dividends
Tricon Residential Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.58 percent and its annual dividend per share was 0.17. It is important to note, however, that the 1.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
