Published on 21 Sep 2023 on Simply Wall St. via Yahoo Finance

What Is Tricon Residential Inc.'s (TSE:TCN) Share Price Doing?

While Tricon Residential Inc. (TSE:TCN) might not be the most widely known stock at the moment, it saw significant share price movement during recent months on the TSX, rising to highs of CA$12.46 and falling to the lows of CA$10.76. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Tricon Residential's current trading price of CA$11.26 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Tricon Residential’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

See our latest analysis for Tricon Residential

Is Tricon Residential Still Cheap?