Tri Pointe Homes (TPH) Stock Price, News & Analysis

Company Overview

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. It operates active selling communities, and owned or controlled lots. The company sells its homes through own sales representatives and independent real estate brokers. It provides financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services. The company was formerly known as TRI Pointe Group, Inc. and changed its name to Tri Pointe Homes, Inc. in January 2021. Tri Pointe Homes, Inc. was founded in 2009 and is based in Incline Village, Nevada.

Key Stats

• Today's Range: $36.44 to $37.33
• 50-Day Range: $36.60 to $46.68
• 52-Week Range: $33.24 to $47.78
• Volume: 5.75 million shs
• Average Volume: 901,099 shs
• Market Capitalization: $3.47 billion
• P/E Ratio: 7.68
• Dividend Yield: N/A
• Price Target: $45.75
• Consensus Rating: Moderate Buy

Tri Pointe Homes Stock Analysis - MarketRank™

Tri Pointe Homes scored higher than 60% of companies evaluated by MarketBeat, and ranked 72nd out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tri Pointe Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Tri Pointe Homes has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 1.69%

Earnings Growth

Earnings for Tri Pointe Homes are expected to grow by 1.69% in the coming year, from $4.72 to $4.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tri Pointe Homes is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tri Pointe Homes is 7.68, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.65.

Price to Earnings Growth Ratio

Tri Pointe Homes has a PEG Ratio of 0.64. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Tri Pointe Homes has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.26% of the float of Tri Pointe Homes has been sold short.

Short Interest Ratio / Days to Cover

Tri Pointe Homes has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Tri Pointe Homes has recently increased by 9.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tri Pointe Homes does not currently pay a dividend.

Dividend Growth

Tri Pointe Homes does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.26% of the float of Tri Pointe Homes has been sold short.

Short Interest Ratio / Days to Cover

Tri Pointe Homes has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Tri Pointe Homes has recently increased by 9.26%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.84

News Sentiment

Tri Pointe Homes has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Tri Pointe Homes this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for TPH on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Tri Pointe Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Tri Pointe Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,029,584.00 in company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Tri Pointe Homes is held by insiders.

Percentage Held by Institutions

97.01% of the stock of Tri Pointe Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TPH Stock Analysis - Frequently Asked Questions

How have TPH shares performed this year?

Tri Pointe Homes' stock was trading at $35.40 at the start of the year. Since then, TPH stock has increased by 4.6% and is now trading at $37.03.
View the best growth stocks for 2024 here.

How were Tri Pointe Homes' earnings last quarter?

Tri Pointe Homes, Inc. (NYSE:TPH) issued its earnings results on Thursday, October, 24th. The construction company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.11. The business's quarterly revenue was up 34.9% on a year-over-year basis.

How will Tri Pointe Homes' stock buyback program work?

Tri Pointe Homes' board initiated a share buyback plan on Wednesday, December 18th 2024, which permits the company to repurchase $250,000,000 in shares, according to EventVestor. This means that the company could buy up to 7.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued.

Who are Tri Pointe Homes' major shareholders?

Tri Pointe Homes' top institutional shareholders include State Street Corp (5.27%), Geode Capital Management LLC (2.66%), Assenagon Asset Management S.A. (1.51%) and Jacobs Levy Equity Management Inc. (1.26%). Insiders that own company stock include Thomas J Mitchell, Douglas F Bauer, Glenn J Keeler, Lawrence B Burrows, David Ch Lee and Constance B Moore.
View institutional ownership trends.

How do I buy shares of Tri Pointe Homes?

Shares of TPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tri Pointe Homes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tri Pointe Homes investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Operative builders
• Sub-Industry: Homebuilding
• Current Symbol: NYSE:TPH
• CUSIP: 87265H10
• CIK: 1561680
• Web: www.tripointegroup.com
• Phone: (775) 413-1030
• Fax: 213-955-5607
• Employees: 1,438
• Year Founded: 2009

Price Target and Rating

• Average Stock Price Target: $45.75
• High Stock Price Target: $53.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +23.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.82
• Trailing P/E Ratio: 7.68
• Forward P/E Ratio: 7.85
• P/E Growth: 0.64
• Net Income: $343.70 million
• Net Margins: 10.41%
• Pretax Margin: 14.04%
• Return on Equity: 14.83%
• Return on Assets: 9.59%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 1.64
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $4.50 billion
• Price / Sales: 0.77
• Cash Flow: $3.82 per share
• Price / Cash Flow: 9.70
• Book Value: $31.05 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 93,590,000
• Free Float: 91,718,000
• Market Cap: $3.47 billion
• Optionable: Optionable
• Beta: 1.60