Tricon Residential Inc. (TSE:TCN - Get Free Report) Director Ira Gluskin sold 200,000 shares of Tricon Residential stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of C$15.14, for a total transaction of C$3,028,000.00.
Ira Gluskin also recently made the following trade(s):
- On Thursday, March 21st, Ira Gluskin sold 65,841 shares of Tricon Residential stock. The stock was sold at an average price of C$15.05, for a total transaction of C$990,979.48.
- On Tuesday, March 19th, Ira Gluskin sold 100,000 shares of Tricon Residential stock. The stock was sold at an average price of C$15.12, for a total transaction of C$1,512,000.00.
Tricon Residential Price Performance
TSE TCN opened at C$15.10 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.49 and a debt-to-equity ratio of 157.17. The stock has a market capitalization of C$4.12 billion, a PE ratio of 26.96 and a beta of 1.47. The company has a 50 day moving average price of C$14.97 and a two-hundred day moving average price of C$12.22. Tricon Residential Inc. has a 12-month low of C$9.03 and a 12-month high of C$15.17.
Tricon Residential (TSE:TCN - Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported C($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.20 by C($0.38). Tricon Residential had a net margin of 12.91% and a return on equity of 3.18%. The business had revenue of C$308.26 million during the quarter, compared to analyst estimates of C$171.82 million. As a group, equities analysts predict that Tricon Residential Inc. will post 1.0342936 earnings per share for the current fiscal year.
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TCN has been the topic of a number of research analyst reports. National Bankshares downgraded shares of Tricon Residential from a "sector perform" rating to a "tender" rating and boosted their price objective for the company from C$11.00 to C$15.17 in a research report on Monday, February 5th. BMO Capital Markets downgraded shares of Tricon Residential from an "outperform" rating to a "market perform" rating and boosted their price objective for the company from C$12.50 to C$15.15 in a research report on Monday, January 22nd.
Read Our Latest Stock Report on Tricon Residential
About Tricon Residential
(
Get Free Report)
Tricon Residential Inc (NYSE: TCN, TSX: TCN) is an owner, operator and developer of a growing portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto, Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy.
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