NYSE:TPH

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

$27.81

+0.51 (+1.87%)

(As of 09/28/2023 ET)

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Today's Range: $27.17
▼
$27.98
50-Day Range: $27.05
▼
$32.90
52-Week Range: $14.59
▼
$34.04

Volume: 899,012 shs
Average Volume: 1.00 million shs
Market Capitalization: $2.75 billion

P/E Ratio: 5.84
Dividend Yield: N/A
Price Target: $33.50

Tri Pointe Homes MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 20.5% Upside
$33.50 Price Target
Short Interest: Healthy
2.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 5 Articles This Week
Insider Trading: Selling Shares
$241,672 Sold Last Quarter
Proj. Earnings Growth: 26.77%
From $3.10 to $3.93 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.08 out of 5 stars

Construction Sector

4th out of 103 stocks

Operative Builders Industry

1st out of 17 stocks

2.3

Analyst's Opinion

Consensus Rating
Tri Pointe Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.50, Tri Pointe Homes has a forecasted upside of 20.5% from its current price of $27.81.
Amount of Analyst Coverage
Tri Pointe Homes has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.78% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tri Pointe Homes has recently decreased by 14.06%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TPH.

3.2

News and Social Media Coverage

News Sentiment
Tri Pointe Homes has a news sentiment score of 0.80. 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 is a higher news sentiment than the 0.64 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Tri Pointe Homes this week, compared to 3 articles on an average week.
MarketBeat Follows
5 people have added Tri Pointe Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

2.5

Company Ownership

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 $241,672.00 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
97.59% 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.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Tri Pointe Homes are expected to grow by 26.77% in the coming year, from $3.10 to $3.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tri Pointe Homes is 5.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tri Pointe Homes is 5.84, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 14.82.
Price to Earnings Growth Ratio
Tri Pointe Homes has a PEG Ratio of 0.67. 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 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tri Pointe Homes (NYSE:TPH) Stock

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 also 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.

TPH Price History

30 days | 90 days | 365 days | Advanced Chart

TPH Stock News Headlines

September 28, 2023 | finance.yahoo.com

Tri Pointe Homes, Inc. Announces Third Quarter 2023 Earnings Release and Conference Call Date

September 25, 2023 | bizjournals.com

New development could bring about 800 homes to north Fort Worth

September 28, 2023 | Weiss Ratings (Ad)

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September 19, 2023 | finance.yahoo.com

Tri Pointe Homes Expands its Premium Lifestyle Builder Footprint With New Division in Utah

September 18, 2023 | markets.businessinsider.com

BTIG Sticks to Their Hold Rating for Tri Pointe (TPH)

September 7, 2023 | markets.businessinsider.com

Analyst Ratings for Tri Pointe Homes

September 5, 2023 | finance.yahoo.com

Tri Pointe Homes (TPH): A Fairly Valued Gem in the Construction Industry?

September 1, 2023 | bizjournals.com

Tri Pointe buys more than 180 home lots in Rancho Cordova's Anatolia area

September 28, 2023 | Weiss Ratings (Ad)

These cryptos could skyrocket by January

After the massive market collapse and several huge scandals last year, a lot of experts are saying the crypto markets are just one more step away from going to zero. But are they right?

August 23, 2023 | finance.yahoo.com

Tri Pointe Homes Earns PEOPLE Companies That Care® Recognition From PEOPLE Magazine and Great Place To Work®

August 8, 2023 | seekingalpha.com

Not Yet Time To Give Up On Tri Pointe Homes: Solid Demand, Higher Guidance Mean Buy The Dip

August 1, 2023 | finance.yahoo.com

Tri Pointe Homes (TPH) Rose on Unexpected Strong Demand in Homebuilding Industry

July 30, 2023 | insidermonkey.com

Tri Pointe Homes, Inc. (NYSE:TPH) Q2 2023 Earnings Call Transcript

July 29, 2023 | msn.com

RBC Capital Maintains Tri Pointe Homes (TPH) Sector Perform Recommendation

July 28, 2023 | finance.yahoo.com

Q2 2023 Tri Pointe Homes Inc (Delaware) Earnings Call

July 27, 2023 | finance.yahoo.com

Tri Pointe Homes, Inc. Reports 2023 Second Quarter Results

July 26, 2023 | finance.yahoo.com

Taylor Morrison Home (TMHC) Tops Q2 Earnings and Revenue Estimates

July 24, 2023 | finance.yahoo.com

Tri Pointe Homes, Inc.'s (NYSE:TPH) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

July 21, 2023 | finance.yahoo.com

Tri Pointe Homes, Inc. Releases 2022 Environmental, Social, and Governance Report

July 6, 2023 | msn.com

Tri Pointe Homes (TPH) Price Target Increased by 7.47% to 35.45

June 29, 2023 | finance.yahoo.com

Tri Pointe Homes, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call Date

June 28, 2023 | finance.yahoo.com

3 Best Homebuilder Stocks for 2023

June 21, 2023 | finance.yahoo.com

KB Home (KBH) Q2 Earnings and Revenues Top Estimates

June 21, 2023 | finance.yahoo.com

4 Stocks to Buy as Housing Market Shows Signs of Recovery

June 6, 2023 | finance.yahoo.com

What Makes Tri Pointe Homes (TPH) a Strong Momentum Stock: Buy Now?

June 6, 2023 | finance.yahoo.com

Despite Fast-paced Momentum, Tri Pointe (TPH) Is Still a Bargain Stock

June 5, 2023 | finance.yahoo.com

Tri Pointe Homes Inc. (TPH) Hits Fresh High: Is There Still Room to Run?

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TPH Company Calendar

Last Earnings: 7/27/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Operative builders
Sub-Industry: Homebuilding
Sector: Construction
Current Symbol: NYSE:TPH
CUSIP: 87265H10
CIK: 1561680
Web: www.tripointegroup.com
Phone: (775) 413-1030
Fax: 213-955-5607
Employees: 1,470
Year Founded: 2009

Price Target and Rating

Average Stock Price Forecast: $33.50
High Stock Price Forecast: $42.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +20.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.76
Trailing P/E Ratio: 5.85
Forward P/E Ratio: 8.98
P/E Growth: 0.67
Net Income: $576.06 million
Net Margins: 11.71%
Pretax Margin: 15.78%
Return on Equity: 17.37%
Return on Assets: 10.40%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 2.18
Quick Ratio: 2.18

Sales & Book Value

Annual Sales: $4.30 billion
Price / Sales: 0.64
Cash Flow: $6.35 per share
Price / Cash Flow: 4.38
Book Value: $28.11 per share
Price / Book: 0.99

Miscellaneous

Outstanding Shares: 98,990,000
Free Float: 97,014,000
Market Cap: $2.75 billion
Optionable: Optionable
Beta: 1.48

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Key Executives

Mr. Douglas F. Bauer (Age 62)
CEO & Non-Independent Director
Comp: $3.99M

Mr. Thomas J. Mitchell (Age 62)
Pres & COO
Comp: $3.85M

Mr. Glenn J. Keeler (Age 46)
CFO, Chief Accounting Officer & Treasurer
Comp: $2.33M

Mr. David C. Lee (Age 50)
VP, Gen. Counsel & Sec.
Comp: $1.54M

Mr. Sri Arumugam
VP & Chief Information Officer

Ms. Linda Helen Mamet (Age 52)
Chief Marketing Officer

Ms. Heather H. Breidenthal
Chief HR Officer

Mr. Michael C. Taylor
Pres of Pardee Homes Inland Empire

Mr. Jimmy Ayala
Pres of Pardee Homes San Diego

Mr. Thomas G Grable
Pres of TRI Pointe Homes Orange County-Los Angeles

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPH Stock - Frequently Asked Questions

Should I buy or sell Tri Pointe Homes stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tri Pointe Homes in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TPH shares.
View TPH analyst ratings or view top-rated stocks.
What is Tri Pointe Homes' stock price forecast for 2023?: 6 brokers have issued twelve-month price targets for Tri Pointe Homes' stock. Their TPH share price forecasts range from $17.00 to $42.00. On average, they predict the company's share price to reach $33.50 in the next year. This suggests a possible upside of 20.4% from the stock's current price.
View analysts price targets for TPH or view top-rated stocks among Wall Street analysts.
How have TPH shares performed in 2023?: Tri Pointe Homes' stock was trading at $18.59 at the start of the year. Since then, TPH shares have increased by 49.7% and is now trading at $27.83.
View the best growth stocks for 2023 here.
Are investors shorting Tri Pointe Homes?: Tri Pointe Homes saw a decline in short interest in September. As of September 15th, there was short interest totaling 2,690,000 shares, a decline of 14.1% from the August 31st total of 3,130,000 shares. Based on an average daily volume of 907,600 shares, the short-interest ratio is currently 3.0 days. Currently, 2.8% of the company's stock are short sold.
View Tri Pointe Homes' Short Interest.
When is Tri Pointe Homes' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TPH earnings forecast.
How were Tri Pointe Homes' earnings last quarter?: Tri Pointe Homes, Inc. (NYSE:TPH) issued its earnings results on Thursday, July, 27th. The construction company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The construction company earned $819.08 million during the quarter, compared to analyst estimates of $703.67 million. Tri Pointe Homes had a net margin of 11.71% and a trailing twelve-month return on equity of 17.37%.
What ETFs hold Tri Pointe Homes' stock?: ETFs with the largest weight of Tri Pointe Homes (NYSE:TPH) stock in their portfolio include Invesco Building & Construction ETF (PKB), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Pacer US Small Cap Cash Cows 100 ETF (CALF), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Amplify Inflation Fighter ETF (IWIN) and Hoya Capital Housing ETF (HOMZ).
What is Doug Bauer's approval rating as Tri Pointe Homes' CEO?: 10 employees have rated Tri Pointe Homes Chief Executive Officer Doug Bauer on Glassdoor.com. Doug Bauer has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Tri Pointe Homes own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tri Pointe Homes investors own include Freeport-McMoRan (FCX), PulteGroup (PHM), Johnson & Johnson (JNJ), AbbVie (ABBV), Ford Motor (F), Advanced Micro Devices (AMD), Salesforce (CRM), Netflix (NFLX), QUALCOMM (QCOM) and Twitter (TWTR).
What is Tri Pointe Homes' stock symbol?: Tri Pointe Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPH."
Who are Tri Pointe Homes' major shareholders?: Tri Pointe Homes' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.63%), Dimensional Fund Advisors LP (8.44%), State Street Corp (4.44%), Geode Capital Management LLC (2.07%), LSV Asset Management (1.96%) and Northern Trust Corp (1.76%). Insiders that own company stock include Constance B Moore, Douglas F Bauer, Douglas F Bauer, Glenn J Keeler, Glenn J Keeler, Lawrence B Burrows, Steven J Gilbert and Thomas J Mitchell.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tri Pointe Homes' stock price today?: One share of TPH stock can currently be purchased for approximately $27.83.
How much money does Tri Pointe Homes make?: Tri Pointe Homes (NYSE:TPH) has a market capitalization of $2.75 billion and generates $4.30 billion in revenue each year. The construction company earns $576.06 million in net income (profit) each year or $4.76 on an earnings per share basis.
How many employees does Tri Pointe Homes have?: The company employs 1,470 workers across the globe.
How can I contact Tri Pointe Homes?: Tri Pointe Homes' mailing address is 19540 JAMBOREE ROAD SUITE 300, IRVINE CA, 92612. The official website for the company is www.tripointegroup.com. The construction company can be reached via phone at (775) 413-1030, via email at investorrelations@tripointehomes.com, or via fax at 213-955-5607.

This page (NYSE:TPH) was last updated on 9/28/2023 by MarketBeat.com Staff

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