RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tricon Residential Stock

Tricon Residential P/E 2024

Tricon Residential P/E

35.56

Ticker

TCN.TO

ISIN

CA89612W1023

WKN

A1J8NL

As of Sep 12, 2024, Tricon Residential's P/E ratio was 35.56, a 83.2% change from the 19.41 P/E ratio recorded in the previous year.

The Tricon Residential P/E history

Tricon Residential Aktienanalyse

What does Tricon Residential do?

Tricon Residential Inc is a real estate company that offers its services in North America. The company was founded in 1988 and is headquartered in Toronto, Canada. The main activities of Tricon Residential Inc include the acquisition, development, rental, and sale of residential properties. The business model of Tricon Residential Inc focuses on the rental of affordable housing. The company invests in properties that have been built in urban areas and have the potential to meet the demand for affordable housing in the region. Tricon Residential Inc strives to improve the quality of life for its tenants by equipping apartments with modern amenities and community areas. Tricon Residential Inc divides its business operations into three main divisions: Investment Management, Operations, and Development. Each division has a specialized group of professionals who focus on the specific needs and challenges of each business segment. The Investment Management division of Tricon Residential manages the company's investments in residential properties. A portfolio of apartments in the United States and Canada is created and rented out. Tricon Residential's Operations division is responsible for managing the apartments, attracting tenants, and ensuring the operation and management of properties. The Development division of Tricon Residential focuses on growing the company's real estate portfolio. They acquire or expand existing buildings to meet the growing demand for affordable housing. The team of development specialists ensures that projects run smoothly from planning to completion. Tricon Residential invests in a variety of types of properties. The company's portfolio is designed for all sizes of residential buildings, as well as different locations, construction years, and architectural styles. Tricon Residential's residential properties include apartments, townhouses, and addresses with affordable housing. The apartments are typically equipped with modern amenities such as fitness centers, pools, and community areas. The company Tricon Residential Inc sees it as its duty to provide affordable housing with a high quality of life. The company actively strives to improve the lives and well-being of its tenants by applying high standards in the construction, equipment, and management of properties. Tricon Residential Inc aims to take a leadership role in the field of rental property management and real estate development. In conclusion, Tricon Residential Inc is a significant player in the North American real estate industry. The company specializes in affordable housing and is committed to improving the lives of its tenants. The company operates in various business areas, including investment management, operations, and development, and invests in a variety of residential properties. Tricon Residential Inc is dedicated to providing affordable housing with a high quality of life and taking a leadership role in the industry. Tricon Residential ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tricon Residential's P/E Ratio

The Price to Earnings (P/E) Ratio of Tricon Residential is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Tricon Residential's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Tricon Residential is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Tricon Residential’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Tricon Residential stock

What is the price-to-earnings ratio of Tricon Residential?

The price-earnings ratio of Tricon Residential is currently 35.56.

How has the price-earnings ratio of Tricon Residential changed compared to last year?

The price-to-earnings ratio of Tricon Residential has increased by 83.2% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Tricon Residential high compared to other companies?

Yes, the price-to-earnings ratio of Tricon Residential is high compared to other companies.

How does an increase in the price-earnings ratio of Tricon Residential affect the company?

An increase in the price-earnings ratio of Tricon Residential would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Tricon Residential affect the company?

A decrease in the price-earnings ratio of Tricon Residential would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Tricon Residential?

Some factors that influence the price-earnings ratio of Tricon Residential are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Tricon Residential pay?

Over the past 12 months, Tricon Residential paid a dividend of 0.29 USD . This corresponds to a dividend yield of about 2.58 %. For the coming 12 months, Tricon Residential is expected to pay a dividend of 0.34 USD.

What is the dividend yield of Tricon Residential?

The current dividend yield of Tricon Residential is 2.58 %.

When does Tricon Residential pay dividends?

Tricon Residential pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Tricon Residential?

Tricon Residential paid dividends every year for the past 17 years.

What is the dividend of Tricon Residential?

For the upcoming 12 months, dividends amounting to 0.34 USD are expected. This corresponds to a dividend yield of 3.02 %.

In which sector is Tricon Residential located?

Tricon Residential is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Tricon Residential kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tricon Residential from 1/15/2024 amounting to 0.058 USD, you needed to have the stock in your portfolio before the ex-date on 12/28/2023.

When did Tricon Residential pay the last dividend?

The last dividend was paid out on 1/15/2024.

What was the dividend of Tricon Residential in the year 2023?

In the year 2023, Tricon Residential distributed 0.482 USD as dividends.

In which currency does Tricon Residential pay out the dividend?

The dividends of Tricon Residential are distributed in USD.

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Andere Kennzahlen von Tricon Residential

Our stock analysis for Tricon Residential Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tricon Residential Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.