Wedbush Forecasts Tri Pointe Homes' Q1 Earnings (NYSE:TPH)

Tri Pointe Homes, Inc. (NYSE:TPH - Free Report) - Analysts at Wedbush lowered their Q1 2025 earnings estimates for Tri Pointe Homes in a research report issued to clients and investors on Tuesday, February 18th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $0.48 for the quarter, down from their prior forecast of $0.86. Wedbush has a "Neutral" rating and a $38.00 price target on the stock. The consensus estimate for Tri Pointe Homes' current full-year earnings is $3.58 per share. Wedbush also issued estimates for Tri Pointe Homes' Q2 2025 earnings at $0.57 EPS, Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $1.10 EPS, FY2025 earnings at $2.99 EPS, Q1 2026 earnings at $0.39 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $1.35 EPS and FY2026 earnings at $3.16 EPS.

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

Other equities analysts have also recently issued research reports about the company. Royal Bank of Canada cut Tri Pointe Homes from an "outperform" rating to a "sector perform" rating and lowered their target price for the stock from $41.00 to $37.00 in a report on Wednesday. Oppenheimer dropped their price objective on shares of Tri Pointe Homes from $53.00 to $43.00 and set an "outperform" rating for the company in a report on Wednesday. StockNews.com downgraded shares of Tri Pointe Homes from a "buy" rating to a "hold" rating in a research report on Tuesday, December 17th. Finally, Evercore ISI cut their target price on shares of Tri Pointe Homes from $54.00 to $42.00 and set an "outperform" rating on the stock in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $40.60.

Tri Pointe Homes Price Performance

NYSE:TPH traded down $0.49 during mid-day trading on Friday, reaching $30.79. The stock had a trading volume of 1,299,944 shares, compared to its average volume of 756,523. The stock has a 50-day simple moving average of $36.16 and a two-hundred day simple moving average of $40.56. The stock has a market capitalization of $2.88 billion, a PE ratio of 6.37, a P/E/G ratio of 0.67 and a beta of 1.64. Tri Pointe Homes has a 12 month low of $30.25 and a 12 month high of $47.78. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.24 and a quick ratio of 1.64.

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

Insider Activity at Tri Pointe Homes

In related news, COO Thomas J. Mitchell sold 77,384 shares of the company's stock in a transaction dated Monday, December 16th. The stock was 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 in the company, valued at $27,724,424.85. This represents a 9.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tri Pointe Homes

Institutional investors and hedge funds have recently made changes to their positions in the stock. Covestor Ltd boosted its position in shares of 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 purchasing an additional 335 shares in the last quarter. Reston Wealth Management LLC bought a new position in shares of Tri Pointe Homes in the third quarter valued at $45,000. Smartleaf Asset Management LLC lifted its stake in shares of Tri Pointe Homes by 84.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,339 shares of the construction company's stock valued at $49,000 after buying an additional 613 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Tri Pointe Homes by 19.6% in the fourth quarter. Assetmark Inc. now owns 1,827 shares of the construction company's stock valued at $66,000 after buying an additional 300 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its stake in shares of Tri Pointe Homes by 729.5% in the fourth quarter. Sterling Capital Management LLC now owns 2,082 shares of the construction company's stock valued at $75,000 after buying an additional 1,831 shares in the last quarter. 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.