Tricon Residential

Tricon Residential, Inc. is a residential real estate investment company. It owns and operates single family rental homes and multi-family rental apartments in the United States and Canada. It operates through the five reportable segments: Single Family Rental Business,Multi Family Rental Business, Residential Development Business, Private Funds and Advisory Business and Corporate Activities. The Single Family Rental Business segment owns and operates single family rental homes primarily within major cities in the United States Sun Belt. The Multi Family Rental Business segment owns and operates garden style multi family rental properties primarily in the United States Sun Belt and condominium quality rental apartments in downtown Toronto. The Residential Development Business segment designs and develops premier multi family rental properties in Toronto. The Private Funds and Advisory Business segment provides asset management, property management and development management services. The Corporate Activities segment provides support functions in the areas of accounting, treasury, credit management, information technology, legal, and human resources. The company was founded by Geoffrey Matus and David Berman on June 3, 1988 and is headquartered in Toronto, Canada.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2022

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Earnings data Q4 2023

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TWe are a rental housing company dedicated to providing an exceptional rental experience to every resident who makes one of our houses or apartments their home. We believe that quality rental housing can unlock life’s potential, and this drives our thinking and our actions every day. Founded in 1988 and listed on the Toronto Stock Exchange (TSX: TCN), Tricon owns over 30,000 single-family and multi-family rental homes across the United States and Canada, which we manage using an integrated technology-enabled operating platform. We are headquartered in Toronto, Ontario and have significant operations in Orange County, California, as well as approximately 20 other markets with a primary focus in the U.S. Sun Belt. We strive to be North America’s premier rental housing company. Our business philosophy involves taking care of our team first – empowering them to provide our residents with exceptional service and to positively impact the local communities where we operate. By providing an enhanced living experience, our residents rent for longer periods of time, treat our properties like their own, and share their experience with friends and family. This is how we continue to grow, and it is an approach that has proven to generate positive returns for our investors and shareholders.

TORONTO--(BUSINESS WIRE)--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, announced today its consolidated financial results for the three months ended March 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. The Company reported strong operational and financial results in the first quarter, including the fol.

Tricon Delivers Solid Q1 2023 Results and Reiterates Full-Year Guidance

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN; TSX: TCN), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, invites you to participate in its live conference call with senior management to discuss the Company's financial results for the first quarter of 2023. The call will take place on Wednesday, May 10th at 11 a.m. ET.

Tricon Announces Date for First Quarter 2023 Results Conference Call

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TORONTO--(BUSINESS WIRE)--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, today released its annual Environmental, Social and Corporate Governance (“ESG”) report. The report is a comprehensive review of the Company's progress towards its ESG commitments in five areas of focus: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation.

Tricon Residential Releases 2022 ESG Annual Report

Tricon Residential Inc. (NYSE:TCN ) Q4 2022 Earnings Conference Call March 2, 2023 11:00 AM ET Company Participants Wojtek Nowak - Managing Director, Capital Markets Gary Berman - President and Chief Executive Officer Wissam Francis - Executive Vice President and Chief Financial Officer Kevin Baldridge - Chief Operating Officer Jonathan Ellenzweig - Chief Investment Officer Andrew Joyner - ND, Investments Conference Call Participants Chandni Luthra - Goldman Sachs Nick Joseph - Citi Mario Saric - Scotiabank Brad Heffern - RBC Capital Markets Adam Kramer - Morgan Stanley Jade Rahmani - KBW Tal Woolley - National Bank Financial Dean Wilkinson - CIBC Jonathan Kelcher - TD Cowen Operator Good morning, my name is Rob, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Tricon Residential Fourth Quarter 2022 Earnings Conference Call.

Tricon Residential Inc. (TCN) Q4 2022 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--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, announced today its consolidated financial results for the fourth quarter and the year ended December 31, 2022. All financial information is presented in U.S. dollars unless otherwise indicated.

Tricon Completes a Year of Record Growth and Delivers Strong Operational Results in Q4 2022

TCN has greater opacity than its peers and is getting punished for it. While that makes it more work to study and own, the fundamentals look good.

Tricon Residential Is Cheap Relative To Its Growth

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN, TSX: TCN), an owner and operator of a growing portfolio of single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada, invites you to participate in its live conference call with senior management to discuss the Company's financial results for the fourth quarter of 2022. The call will take place on Thursday, March 2nd at 11 a.m. ET.

Tricon Announces Date for Fourth Quarter 2022 Results Conference Call

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The consensus price target hints at a 73.2% upside potential for Tricon Residential Inc. (TCN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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Tricon Residential Inc. (NYSE:TCN ) Q3 2022 Results Conference Call November 9, 2022 11:00 AM ET Company Participants Wojtek Nowak - MD, Capital Markets Gary Berman - President, CEO Wissam Francis - CFO Jonathan Ellenzweig - CIO Kevin Baldridge - COO Andrew Joyner - ND, Investments Conference Call Participants Adam Kramer - Morgan Stanley Brad Sturges - Raymond James Brad Heffern - RBC Capital Markets Chandni Luthra - Goldman Sachs Jade Rahmani - KBW Mario Saric - Scotiabank Nicholas Joseph - Citi Stephen MacLeod - BMO Capital Markets Tal Woolley - National Bank Financial. Operator Good morning.

Tricon Residential Inc. (TCN) Q3 2022 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, announced today its consolidated financial results for the three and nine months ended September 30, 2022.

Strong SFR Fundamentals Drive Tricon's Q3 2022 Results

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The mean of analysts' price targets for Tricon Residential Inc. (TCN) points to a 69.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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TORONTO--(BUSINESS WIRE)--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 it has improved its ratings in the 2022 Global Real Estate Sustainability Benchmark (“GRESB”) Real Estate Assessment and has been recognized as a peer group leader in multiple categories.

Tricon Announces 2022 GRESB Results, Showcasing Leadership in Sustainability Initiatives

TORONTO--(BUSINESS WIRE)--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, announced an industry-leading Bill of Rights for residents, the first of its kind among single-family rental housing providers in the United States.

Tricon Announces Resident Bill of Rights, a New Standard for Single-Family Rental Housing

On Thursday afternoon post market close, residential home and apartment rental company Tricon Residential Inc (CA:TCN) announced in a press release to investors that they had completed the sale of a 20% equity interest in a portfolio of 23 Sun Belt apartment buildings.

Tricon Residential to Repay Debt And Begin Share Buy Back With The $315 Million Banked From Asset Sales

TORONTO--(BUSINESS WIRE)--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, confirmed today the closing of the previously announced sale of its 20% equity interest in a portfolio of 23 Sun Belt apartment buildings to a vertically integrated residential real estate investment and property management company, which will assume all asset and property mana

Tricon Completes the Sale of its Interest in U.S. Multi-family Portfolio for $315 Million of Proceeds

TORONTO--(BUSINESS WIRE)--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, announced today that the Toronto Stock Exchange (the “TSX”) has approved its notice of intention to make a normal course issuer bid (the “Bid”) for a portion of its common shares (“Common Shares”) trading on the TSX, the New York Stock Exchange (the “NYSE”) and/or alternative C

Tricon Announces Normal Course Issuer Bid

TORONTO--(BUSINESS WIRE)--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, announced today that it has entered into an agreement to sell its 20% equity interest in its portfolio of 23 Sun Belt apartment buildings (the “Portfolio”). The interest is being acquired by a vertically integrated residential real estate investment and property management comp

Tricon Announces Sale of its Interest in U.S. Multi-family Portfolio, Generating $315 Million of Proceeds to Reduce Debt and Fund Future Growth

TORONTO--(BUSINESS WIRE)--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, invites you to participate in its live conference call with senior management to discuss the Company's financial results for the third quarter of 2022. The call will take place on Wednesday, November 9th at 11 a.m. ET. Tricon's financial statements and management's discussion a

Tricon Announces Date for Third Quarter 2022 Results Conference Call

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