TRI Pointe Group, Inc. engages in the design, construction, and sale of single-family detached and attached homes in the United States. It operates a portfolio of six brands across eight states, including Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia. 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 property and casualty insurance agency services. The company was founded in 2009 and is headquartered in Irvine, California. TRI Pointe Group, Inc. is a subsidiary of Weyerhaeuser NR Company.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:TPH
CUSIP87265H10
Phone949-438-1400
Debt
Debt-to-Equity Ratio0.72
Current Ratio0.77
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio9.77
Forward P/E Ratio7.58
P/E Growth0.7
Sales & Book Value
Annual Sales$2.81 billion
Price / Sales0.75
Cash Flow$1.5532 per share
Price / Cash8.93
Book Value$12.83 per share
Price / Book1.08
Profitability
EPS (Most Recent Fiscal Year)$1.42
Net Income$187.19 million
Net Margins7.90%
Return on Equity14.73%
Return on Assets7.42%
Miscellaneous
Employees1,251
Outstanding Shares152,040,000
Market Cap$2.17 billion
TRI Pointe Group (NYSE:TPH) Frequently Asked Questions
What is TRI Pointe Group's stock symbol?
TRI Pointe Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPH."
How will TRI Pointe Group's stock buyback program work?
TRI Pointe Group declared that its board has approved a share buyback plan on Tuesday, February 20th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.
How were TRI Pointe Group's earnings last quarter?
TRI Pointe Group Inc (NYSE:TPH) issued its earnings results on Friday, July, 27th. The construction company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.06. The construction company earned $768.80 million during the quarter, compared to analysts' expectations of $728.61 million. TRI Pointe Group had a return on equity of 14.73% and a net margin of 7.90%. The company's revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.21 earnings per share. View TRI Pointe Group's Earnings History.
When is TRI Pointe Group's next earnings date?
What price target have analysts set for TPH?
14 analysts have issued 1 year target prices for TRI Pointe Group's shares. Their forecasts range from $15.00 to $21.00. On average, they expect TRI Pointe Group's stock price to reach $18.75 in the next year. This suggests a possible upside of 35.2% from the stock's current price. View Analyst Price Targets for TRI Pointe Group.
What is the consensus analysts' recommendation for TRI Pointe Group?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TRI Pointe Group in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TRI Pointe Group.
What are Wall Street analysts saying about TRI Pointe Group stock?
Here are some recent quotes from research analysts about TRI Pointe Group stock:
- 1. According to Zacks Investment Research, "TRI Pointe Group, Inc. is involved in the design, construction and sale of single-family homes. The company's operating portfolio includes Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia. TRI Pointe Group, Inc., formerly known as Tri Pointe Homes, Inc., is headquartered in Irvine, California. " (7/31/2018)
- 2. FBR & Co analysts commented, "On the morning of October 25, TRI Pointe Group, Inc. announced 3Q17 results, which were mostly in line with our expectations and included homebuilding revenue growth of 12% YOY , homebuilding gross margin of 19.5%, and EPS of $0.48 (versus FBR at $0.49). Most notable in the quarter was the significant improvement in new orders and backlog, providing improved visibility into 4Q17 and beyond and the catalyst to a +6% move in the stock price the day of earnings. We are adjusting our estimates and raising our price target from $16 to $20." (10/26/2017)
Who are some of TRI Pointe Group's key competitors?
Some companies that are related to TRI Pointe Group include PulteGroup (PHM), Toll Brothers (TOL), Taylor Morrison Home (TMHC), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Green Brick Partners (GRBK), AV Homes (AVHI), Beazer Homes USA (BZH), Hovnanian Enterprises, Inc. Class A (HOV) and New Home (NWHM).
Who are TRI Pointe Group's key executives?
TRI Pointe Group's management team includes the folowing people:
- Mr. Douglas F. Bauer, CEO & Director (Age 57)
- Mr. Thomas J. Mitchell, Pres & COO (Age 57)
- Mr. Michael D. Grubbs, CFO & Treasurer (Age 59)
- Mr. Glenn J. Keeler, Chief Accounting Officer & VP (Age 41)
- Mr. Christopher J. Martin, Head of Investor Relations and VP of Fin.
Has TRI Pointe Group been receiving favorable news coverage?
Media headlines about TPH stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TRI Pointe Group earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media stories about the construction company an impact score of 46.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for TRI Pointe Group.
Who are TRI Pointe Group's major shareholders?
TRI Pointe Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.37%), Dimensional Fund Advisors LP (8.47%), FMR LLC (7.96%), Greenhaven Associates Inc. (3.33%), Glenmede Trust Co. NA (1.97%) and Bank of New York Mellon Corp (1.79%). Company insiders that own TRI Pointe Group stock include Barry S Sternlicht, Bradley William Blank, Douglas F Bauer, Glenn J Keeler, Michael D Grubbs and Thomas J Mitchell. View Institutional Ownership Trends for TRI Pointe Group.
Which major investors are selling TRI Pointe Group stock?
TPH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, FMR LLC, Thompson Siegel & Walmsley LLC, Columbus Circle Investors, BlackRock Inc., Russell Investments Group Ltd. and Cortina Asset Management LLC. Company insiders that have sold TRI Pointe Group company stock in the last year include Bradley William Blank, Douglas F Bauer, Glenn J Keeler, Michael D Grubbs and Thomas J Mitchell. View Insider Buying and Selling for TRI Pointe Group.
Which major investors are buying TRI Pointe Group stock?
TPH stock was bought by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Victory Capital Management Inc., Federated Investors Inc. PA, Glenmede Trust Co. NA, Signet Financial Management LLC, Canada Pension Plan Investment Board, Bank of New York Mellon Corp and California Public Employees Retirement System. View Insider Buying and Selling for TRI Pointe Group.
How do I buy shares of TRI Pointe Group?
Shares of TPH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TRI Pointe Group's stock price today?
One share of TPH stock can currently be purchased for approximately $13.87.
How big of a company is TRI Pointe Group?
TRI Pointe Group has a market capitalization of $2.17 billion and generates $2.81 billion in revenue each year. The construction company earns $187.19 million in net income (profit) each year or $1.42 on an earnings per share basis. TRI Pointe Group employs 1,251 workers across the globe.
How can I contact TRI Pointe Group?
TRI Pointe Group's mailing address is 19540 JAMBOREE ROAD SUITE 300, IRVINE CA, 92612. The construction company can be reached via phone at 949-438-1400 or via email at [email protected]
MarketBeat Community Rating for TRI Pointe Group (NYSE TPH)
MarketBeat's community ratings are surveys of what our community members think about TRI Pointe Group and other stocks. Vote "Outperform" if you believe TPH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPH will underperform the S&P 500 over the long term. You may vote once every thirty days.
