During the recent session, Tricon Residential Inc (NYSE:TCN)’s traded shares were 3.51 million. At the last check today, the stock’s price was $11.23, reflecting an intraday gain of 0.09% or $0.01. The company’s market capitalization is $3.07B, and the average trade volume was 6.18 million shares over the past three months.

Tricon Residential Inc (NYSE:TCN) trade information

Tricon Residential Inc (TCN) registered a 0.09% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.09% in intraday trading to $11.23, hitting a weekly high. The stock’s 5-day price performance is 1.63%, and it has moved by 0.72% in 30 days. Based on these gigs, the overall price performance for the year is 46.61%.

Tricon Residential Inc (TCN) estimates and forecasts

Statistics show that Tricon Residential Inc has outperformed its competitors in share price, compared to the industry in which it operates. Tricon Residential Inc (TCN) shares have gone up 67.11% during the last six months, with a year-to-date growth rate more than the industry average at 48.78% against 5.30. In the rating firms’ projections, revenue will decrease -38.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 121.4M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 123.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 110.87M and 113.31M respectively. In this case, analysts expect current quarter sales to grow by 9.50% and then jump by 8.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -21.57%. While earnings are projected to return 45.12% in 2024.

TCN Dividends

Tricon Residential Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Tricon Residential Inc is 0.17, with the dividend yield indicating at 1.55 percent, continuing the trend of increasing dividends in recent years.