Keefe Bruyette downgraded Tricon Residential from Outperform to Mkt Perform and set a new price target of $12.20
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/1/2024 | Outperform → Peer Perform | Wolfe Research | |
| 1/22/2024 | Outperform → Market Perform | BMO Capital Markets | |
| 8/10/2023 | Outperform → Sector Perform | National Bank Financial | |
| 3/22/2023 | $9.00 | Buy | Mizuho |
| 3/14/2023 | $9.25 | Peer Perform → Outperform | Wolfe Research |
| 12/15/2022 | $12.20 | Outperform → Mkt Perform | Keefe Bruyette |
| 12/8/2022 | $11.00 → $9.50 | Buy → Neutral | Goldman |
| 11/30/2022 | Peer Perform | Wolfe Research |
Blackstone Remains Committed to Tricon's Development Platform, including $1 Billion Pipeline of New Single-Family Homes in the U.S. and $2.5 Billion Pipeline of New Apartments in Canada; Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects All financial and share price-related information is presented in U.S. dollars unless otherwise indicated. Blackstone (NYSE:BX) and Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X ("BRE
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon ("Common Shares") for US$11.25 per Common Share in cash (the "Transaction"). The Transaction previously received clearance under the Competition Act (Canada) and shareholder approval, and the parties have received a final order from the Ontario Superior Cou
TORONTO, April 12, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Tricon Residential Inc. TSX Symbol: TCN All Issues: No Reason: Single Stock Circuit Breaker Halt Time (ET): 2:37:33 PM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions View original content: http://www.newswire.ca/en/releases/archive/Ap
Wolfe Research downgraded Tricon Residential from Outperform to Peer Perform
BMO Capital Markets downgraded Tricon Residential from Outperform to Market Perform
National Bank Financial downgraded Tricon Residential from Outperform to Sector Perform
25-NSE - Tricon Residential Inc. (0001584425) (Subject)
S-8 POS - Tricon Residential Inc. (0001584425) (Filer)
SC 13E3/A - Tricon Residential Inc. (0001584425) (Subject)
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon ("Common Shares") for US$11.25 per Common Share in cash (the "Transaction").The Transaction previously received clearance under the Competition Act (Canada) and shareholder approval, and the parties have received a final order from the Ontario Superior Court o
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving its previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. will acquire all of the outstanding common shares of the Tricon ("Common Shares") for US$11.25 per Common Share in cash (the "Transaction").Completion of the Transaction remains subject to the satisfaction or waiver of certain customary closing conditions, including the receipt of reg
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") , an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual meeting of shareholders held virtually on June 21, 2023 (the "Meeting"). In particular, all nominees listed in the Company's information circular dated May 9, 2023 (the "Circular") were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting for each of the nominees as follows: Nominee Votes For Votes Withheld Number %
Tricon Residential Inc. ("Tricon" or the "Company") (NYSE:TCN, TSX:TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual and special meeting of shareholders held virtually on June 22, 2022 (the "Meeting"). In particular, all nominees listed in the Company's information circular dated May 10, 2022 (the "Circular") were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting for each of the nominees as follows: Nominee Votes For Votes Withheld Number %
SC 13G - Tricon Residential Inc. (0001584425) (Subject)
SC 13G/A - Tricon Residential Inc. (0001584425) (Subject)
SC 13G - Tricon Residential Inc. (0001584425) (Subject)
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today its consolidated financial results for the three and twelve months ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. The Company's operational and financial highlights of the quarter include: Net loss from continuing operations was $35.5 million in Q4 2023; basic and diluted loss per share from continuing operations were both $0.14; Core funds from operations ("Core FFO") was $45.7 million and Core FFO per s
Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today that it intends to release its financial results for the fourth quarter of 2023 after markets close on February 27th, 2024. The company will not be holding a conference call following the release. Tricon's financial statements and management's discussion and analysis for the fourth quarter and year ended December 31, 2023 will be made available on the Company's website, on the U.S. Securities and Exchange Commission website at www.sec.gov and on the Canadian Securities Admi
Blackstone Remains Committed to Tricon's Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in Canada Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects All financial and share price-related information is presented in U.S. dollars unless otherwise indicated. Blackstone (NYSE:BX) and Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced that they have entered into an arrangement agreement (the "Arrangement Agreement") under which Blackstone Real Estate Partners X together with Blackstone