What is Seaport Res Ptn's Forecast for TPH Q1 Earnings?

Tri Pointe Homes, Inc. (NYSE:TPH - Free Report) - Stock analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Tri Pointe Homes in a research note issued to investors on Wednesday, February 19th. Seaport Res Ptn analyst K. Zener anticipates that the construction company will post earnings per share of $0.42 for the quarter. The consensus estimate for Tri Pointe Homes' current full-year earnings is $3.58 per share. Seaport Res Ptn also issued estimates for Tri Pointe Homes' Q2 2025 earnings at $0.84 EPS and Q3 2025 earnings at $0.82 EPS.

A number of other equities research analysts have also recently commented on TPH. StockNews.com cut shares of Tri Pointe Homes from a "buy" rating to a "hold" rating in a report on Tuesday, December 17th. Evercore ISI lowered their price target on shares of Tri Pointe Homes from $54.00 to $42.00 and set an "outperform" rating on the stock in a report on Wednesday. Oppenheimer lowered their price target on shares of Tri Pointe Homes from $53.00 to $43.00 and set an "outperform" rating on the stock in a research report on Wednesday. Wedbush reaffirmed a "neutral" rating and issued a $38.00 price objective (down from $44.00) on shares of Tri Pointe Homes in a report on Tuesday. Finally, Royal Bank of Canada cut shares of Tri Pointe Homes from an "outperform" rating to a "sector perform" rating and lowered their target price for the company from $41.00 to $37.00 in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $40.60.

Tri Pointe Homes Stock Performance

Shares of NYSE:TPH traded down $0.49 during mid-day trading on Friday, reaching $30.79. The company had a trading volume of 1,299,944 shares, compared to its average volume of 756,523. The company has a current ratio of 2.24, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.67 and a beta of 1.64. The company's 50-day moving average price is $36.16 and its 200-day moving average price is $40.56. Tri Pointe Homes has a one year low of $30.25 and a one year high of $47.78.

Tri Pointe Homes (NYSE:TPH - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.22 billion. Tri Pointe Homes had a return on equity of 14.34% and a net margin of 10.36%.

Tri Pointe Homes declared that its board has authorized a stock buyback program on Wednesday, December 18th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Insider Buying and Selling at Tri Pointe Homes

In related news, COO Thomas J. Mitchell sold 77,384 shares of the company's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $39.15, for a total transaction of $3,029,583.60. Following the sale, the chief operating officer now owns 708,159 shares of the company's stock, valued at approximately $27,724,424.85. This represents a 9.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company's stock.

Institutional Trading of Tri Pointe Homes

Hedge funds and other institutional investors have recently bought and sold shares of the company. Covestor Ltd increased its holdings in Tri Pointe Homes by 58.5% during the 4th quarter. Covestor Ltd now owns 908 shares of the construction company's stock worth $33,000 after acquiring an additional 335 shares during the period. Reston Wealth Management LLC bought a new stake in Tri Pointe Homes during the 3rd quarter worth approximately $45,000. Smartleaf Asset Management LLC increased its holdings in Tri Pointe Homes by 84.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,339 shares of the construction company's stock worth $49,000 after acquiring an additional 613 shares during the period. Assetmark Inc. increased its holdings in Tri Pointe Homes by 19.6% during the 4th quarter. Assetmark Inc. now owns 1,827 shares of the construction company's stock worth $66,000 after acquiring an additional 300 shares during the period. Finally, Sterling Capital Management LLC increased its holdings in Tri Pointe Homes by 729.5% during the 4th quarter. Sterling Capital Management LLC now owns 2,082 shares of the construction company's stock worth $75,000 after acquiring an additional 1,831 shares during the period. Institutional investors own 97.01% of the company's stock.

Tri Pointe Homes Company Profile

Tri Pointe Homes, Inc engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia.