Tricon Capital Group traded at 15.34 this Thursday May 2nd, decreasing 0.12 or 0.78 percent since the previous trading session. Looking back, over the last four weeks, Tricon Capital lost 1.52 percent. Over the last 12 months, its price rose by 43.23 percent. Looking ahead, we forecast Tricon Capital Group to be priced at 14.97 by the end of this quarter and at 13.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tricon Residential Inc. (Tricon) is a Canada-based rental housing company. The Company caters to the middle-market demographic throughout the United States and Canada. Tricon owns and manages approximately 31,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform. Tricon is comprised of four operating segments: Single-Family Rental, Multi-Family Rental, Residential Development and Private Funds and Advisory. Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States (U.S.). Multi-Family Rental business includes owning and operating garden-style multi-family rental properties primarily in the U.S. Residential Development business includes designing and developing multi-family rental properties in Toronto. Private Funds and Advisory business include providing asset management, property management and development management services.