Tricon Residential (TCN) Stock Forecast, Price Target & Predictions
TCN Stock Forecast
Tricon Residential stock forecast is as follows: an average price target of $9.67 (represents a -14.04% downside from TCN’s last price of $11.25) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
TCN Price Target
The average price target for Tricon Residential (TCN) is $9.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $8.50. This represents a potential -14.04% downside from TCN's last price of $11.25.
TCN Analyst Ratings
According to 10 Wall Street analysts, Tricon Residential's rating consensus is 'Buy'. The analyst rating breakdown for TCN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tricon Residential Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 12, 2022 | - | Morgan Stanley | $8.50 | $7.62 | 11.56% | -24.44% |
| Dec 08, 2022 | - | Goldman Sachs | $9.50 | $8.15 | 16.56% | -15.56% |
| Nov 14, 2022 | - | RBC Capital | $11.00 | $9.02 | 21.95% | -2.22% |
The latest Tricon Residential stock forecast, released on Dec 12, 2022 by Morgan Stanley company, set a price target of $8.50, which represents a 11.56% increase from the stock price at the time of the forecast ($7.62), and a -24.44% decrease from TCN last price ($11.25).
Tricon Residential Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $11.25 | $11.25 | $11.25 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Tricon Residential stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tricon Residential's last price of $11.25. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Mar 13, 2023 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| Dec 12, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 08, 2022 | Goldman Sachs | - | Neutral | Downgrade |
| Nov 29, 2022 | Wolfe Research | - | Peer Perform | Initialise |
| Nov 14, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Sep 19, 2022 | Wells Fargo | - | Equal-Weight | Downgrade |
| Sep 19, 2022 | Jefferies | - | Buy | Upgrade |
| Sep 19, 2022 | Susquehanna | - | Neutral | Downgrade |
| Sep 19, 2022 | Citigroup | - | Buy | Upgrade |
| Aug 22, 2022 | National Bank | Outperform | Outperform | Hold |
Tricon Residential's last stock rating was published by Wolfe Research on Mar 13, 2023. The company Upgrade its TCN rating from "Peer Perform" to "Outperform".
Tricon Residential Financial Forecast
Tricon Residential Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $203.63M | $195.71M | $283.24M | $175.52M | $151.20M | $141.05M | $124.95M | $119.03M | $107.40M | $134.70M | $128.15M | $126.24M | $11.72M | $11.32M | $9.37M | $7.49M |
| Avg Forecast | $164.00M | $159.00M | $156.00M | $154.00M | $124.92M | $122.50M | $120.71M | $118.90M | $116.72M | $103.78M | $113.15M | $110.34M | $111.45M | $108.08M | $107.73M | $99.94M | $102.44M | $94.77M | $82.13M | $102.29M | $107.09M | $103.93M | $109.31M | $61.85M | $66.15M | $50.40M | $53.77M |
| High Forecast | $164.00M | $159.00M | $156.00M | $154.00M | $124.92M | $122.50M | $120.71M | $118.90M | $116.72M | $109.44M | $113.15M | $110.34M | $111.45M | $108.08M | $107.73M | $99.94M | $102.44M | $94.77M | $82.13M | $102.29M | $107.09M | $103.93M | $109.31M | $61.85M | $66.15M | $50.40M | $53.77M |
| Low Forecast | $164.00M | $159.00M | $156.00M | $154.00M | $124.92M | $122.50M | $120.71M | $118.90M | $116.72M | $98.12M | $113.15M | $110.34M | $111.45M | $108.08M | $107.73M | $99.94M | $102.44M | $94.77M | $82.13M | $102.29M | $107.09M | $103.93M | $109.31M | $61.85M | $66.15M | $50.40M | $53.77M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.85% | 1.76% | 2.62% | 1.63% | 1.51% | 1.38% | 1.32% | 1.45% | 1.05% | 1.26% | 1.23% | 1.15% | 0.19% | 0.17% | 0.19% | 0.14% |
Tricon Residential's average Quarter revenue forecast for Jun 23 based on 1 analysts is $113.15M, with a low forecast of $113.15M, and a high forecast of $113.15M. TCN's average Quarter revenue forecast represents a -44.43% decrease compared to the company's last Quarter revenue of $203.63M (Mar 23).
Tricon Residential EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $105.70M | $98.15M | $190.16M | $92.07M | $69.45M | $201.14M | $310.38M | $232.88M | $35.15M | $152.76M | $118.98M | $64.12M | $55.24M | $47.43M | $24.46M | $38.03M |
| Avg Forecast | $92.94M | $90.11M | $88.41M | $87.27M | $70.80M | $69.42M | $68.41M | $67.38M | $66.15M | $58.81M | $64.13M | $62.53M | $63.16M | $61.25M | $61.05M | $56.64M | $58.06M | $53.71M | $46.54M | $57.97M | $60.69M | $58.90M | $61.95M | $35.05M | $37.49M | $28.56M | $30.47M |
| High Forecast | $92.94M | $90.11M | $88.41M | $87.27M | $70.80M | $69.42M | $68.41M | $67.38M | $66.15M | $62.02M | $64.13M | $62.53M | $63.16M | $61.25M | $61.05M | $56.64M | $58.06M | $53.71M | $46.54M | $57.97M | $60.69M | $58.90M | $61.95M | $35.05M | $37.49M | $28.56M | $30.47M |
| Low Forecast | $92.94M | $90.11M | $88.41M | $87.27M | $70.80M | $69.42M | $68.41M | $67.38M | $66.15M | $55.61M | $64.13M | $62.53M | $63.16M | $61.25M | $61.05M | $56.64M | $58.06M | $53.71M | $46.54M | $57.97M | $60.69M | $58.90M | $61.95M | $35.05M | $37.49M | $28.56M | $30.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 1.55% | 3.10% | 1.51% | 1.23% | 3.46% | 5.78% | 5.00% | 0.61% | 2.52% | 2.02% | 1.04% | 1.58% | 1.27% | 0.86% | 1.25% |
1 analysts predict TCN's average Quarter EBITDA for Jun 23 to be $64.13M, with a high of $64.13M and a low of $64.13M. This is -39.33% lower than Tricon Residential's previous annual EBITDA (Mar 23) of $105.70M.
Tricon Residential Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $26.96M | $57.71M | $175.59M | $415.83M | $162.35M | $126.98M | $200.84M | $145.52M | $41.90M | $79.68M | $57.61M | $17.05M | $44.06M | $31.66M | $11.93M | $23.92M |
| Avg Forecast | - | - | - | - | $41.08M | $43.82M | $41.08M | $41.08M | $39.71M | $24.65M | $23.28M | $27.38M | $78.05M | $39.25M | $39.71M | $39.71M | $36.97M | $167.37M | $35.60M | $36.97M | $42.45M | $42.45M | $39.24M | $51.56M | $56.56M | $51.21M | $54.77M |
| High Forecast | - | - | - | - | $41.08M | $43.82M | $41.08M | $41.08M | $39.71M | $24.66M | $23.28M | $27.38M | $78.05M | $39.25M | $39.71M | $39.71M | $36.97M | $200.84M | $35.60M | $36.97M | $42.45M | $42.45M | $39.24M | $51.56M | $56.56M | $51.21M | $54.77M |
| Low Forecast | - | - | - | - | $41.08M | $43.82M | $41.08M | $41.08M | $39.71M | $24.63M | $23.28M | $27.38M | $78.05M | $39.25M | $39.71M | $39.71M | $36.97M | $133.90M | $35.60M | $36.97M | $42.45M | $42.45M | $39.24M | $51.56M | $56.56M | $51.21M | $54.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.74% | 4.47% | 10.47% | 4.09% | 3.43% | 1.20% | 4.09% | 1.13% | 1.88% | 1.36% | 0.43% | 0.85% | 0.56% | 0.23% | 0.44% |
Tricon Residential's average Quarter net income forecast for Jun 23 is $23.28M, with a range of $23.28M to $23.28M. TCN's average Quarter net income forecast represents a -13.66% decrease compared to the company's last Quarter net income of $26.96M (Mar 23).
Tricon Residential SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $15.25M | $18.16M | $14.05M | $13.90M | $12.88M | $91.14M | $26.83M | $29.52M | $26.51M | $20.69M | $14.13M | $15.59M | $12.62M | $11.36M | $13.89M | $11.49M |
| Avg Forecast | $53.10M | $51.48M | $50.51M | $49.86M | $40.45M | $39.66M | $39.08M | $38.50M | $37.79M | $33.60M | $36.64M | $35.73M | $36.09M | $34.99M | $34.88M | $32.36M | $33.17M | $22.36M | $26.59M | $33.12M | $34.67M | $33.65M | $35.39M | $20.03M | $21.42M | $16.32M | $17.41M |
| High Forecast | $53.10M | $51.48M | $50.51M | $49.86M | $40.45M | $39.66M | $39.08M | $38.50M | $37.79M | $35.43M | $36.64M | $35.73M | $36.09M | $34.99M | $34.88M | $32.36M | $33.17M | $26.83M | $26.59M | $33.12M | $34.67M | $33.65M | $35.39M | $20.03M | $21.42M | $16.32M | $17.41M |
| Low Forecast | $53.10M | $51.48M | $50.51M | $49.86M | $40.45M | $39.66M | $39.08M | $38.50M | $37.79M | $31.77M | $36.64M | $35.73M | $36.09M | $34.99M | $34.88M | $32.36M | $33.17M | $17.89M | $26.59M | $33.12M | $34.67M | $33.65M | $35.39M | $20.03M | $21.42M | $16.32M | $17.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 0.50% | 0.40% | 0.40% | 0.40% | 2.75% | 1.20% | 1.11% | 0.80% | 0.60% | 0.42% | 0.44% | 0.63% | 0.53% | 0.85% | 0.66% |
Tricon Residential's average Quarter SG&A projection for Jun 23 is $36.64M, based on 1 Wall Street analysts, with a range of $36.64M to $36.64M. The forecast indicates a 140.25% rise compared to TCN last annual SG&A of $15.25M (Mar 23).
Tricon Residential EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.10 | $0.20 | $0.64 | $1.51 | $0.59 | $0.59 | $0.93 | $0.73 | $0.22 | $0.41 | $0.30 | $0.09 | $0.23 | $0.16 | $0.08 | $0.17 |
| Avg Forecast | - | - | - | - | $0.15 | $0.16 | $0.15 | $0.15 | $0.14 | $0.09 | $0.09 | $0.10 | $0.28 | $0.14 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.14 | $0.19 | $0.21 | $0.19 | $0.20 |
| High Forecast | - | - | - | - | $0.15 | $0.16 | $0.15 | $0.15 | $0.14 | $0.09 | $0.09 | $0.10 | $0.28 | $0.14 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.14 | $0.19 | $0.21 | $0.19 | $0.20 |
| Low Forecast | - | - | - | - | $0.15 | $0.16 | $0.15 | $0.15 | $0.14 | $0.09 | $0.09 | $0.10 | $0.28 | $0.14 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.14 | $0.19 | $0.21 | $0.19 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.70% | 4.47% | 10.41% | 4.07% | 4.37% | 7.15% | 5.62% | 1.63% | 2.65% | 1.94% | 0.63% | 1.22% | 0.77% | 0.43% | 0.85% |
According to 1 Wall Street analysts, Tricon Residential's projected average Quarter EPS for Jun 23 is $0.09, with a low estimate of $0.09 and a high estimate of $0.09. This represents a -15.00% decrease compared to TCN previous annual EPS of $0.10 (Mar 23).
Tricon Residential Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOUS | Anywhere Real Estate | $4.05 | $8.50 | 109.88% | Sell |
| RMAX | RE/MAX | $11.68 | $16.67 | 42.72% | Buy |
| CWK | Cushman & Wakefield | $14.44 | $17.50 | 21.19% | Buy |
| CIGI | Colliers Group | $149.02 | $159.67 | 7.15% | Buy |
| JLL | Jones Lang LaSalle | $267.04 | $273.33 | 2.36% | Buy |
| NMRK | Newmark Group | $15.67 | $14.00 | -10.66% | Buy |
| TCN | Tricon Residential | $11.25 | $9.67 | -14.04% | Buy |
| CBRE | CBRE Group | $135.55 | $114.60 | -15.46% | Hold |
| MMI | Marcus & Millichap | $41.17 | $26.00 | -36.85% | Buy |