Tricon Residential Inc T.TCN

Tricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.

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Tricon Residential Inc > Panic-Proof Portfolio

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Post by retiredcfon Dec 16, 2022 7:19am

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Panic-Proof Portfolio

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Tricon Residential (TCN-T)

14/12/2022 at 07:00pm

Stockchase Research Editor: Michael O'Reilly A $3 billion market cap owner and operator of single family homes and multi-family rental apartments. Trades under book value. The company sees growth in single family home rental market and continues to expand its portfolio. Cash reserves are growing, supporting a ROE of 28% and they are aggressively retiring debt. We recommend placing a stop loss at $8.50, looking to achieve 15.50 -- upside potential over 43%. Yield 2.1% (Analysts’ price target is $15.34)

Property Mngmnt / Investment

The Panic-Proof Portfolio (Stockchase Research)

$10.630

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