Tri Pointe Homes - TPH Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tri Pointe Homes in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPH, but not buy additional shares or sell existing shares.
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4 Wall Street analysts have issued 12 month price targets for Tri Pointe Homes' shares. Their TPH share price forecasts range from $17.00 to $27.00. On average, they expect the company's stock price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 15.4%.
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Tri Pointe Homes' stock was trading at $18.59 at the beginning of 2023. Since then, TPH stock has increased by 33.6% and is now trading at $24.83.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
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Tri Pointe Homes, Inc. (NYSE:TPH) released its earnings results on Tuesday, February, 21st. The construction company reported $1.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.48. The construction company earned $1.50 billion during the quarter, compared to analysts' expectations of $1.26 billion. Tri Pointe Homes had a trailing twelve-month return on equity of 22.24% and a net margin of 13.40%. Tri Pointe Homes's quarterly revenue was up 25.3% compared to the same quarter last year. During the same period last year, the business posted $1.33 earnings per share.

ETFs with the largest weight of Tri Pointe Homes (NYSE:TPH) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Qraft AI-Enhanced Next Value ETF (NVQ), Hoya Capital Housing ETF (HOMZ), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares U.S. Home Construction ETF (ITB) and Amplify Inflation Fighter ETF (IWIN).

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.

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).

Tri Pointe Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPH."

Tri Pointe Homes' stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.25%), Echo Street Capital Management LLC (6.51%), Fuller & Thaler Asset Management Inc. (6.22%), LSV Asset Management (1.91%), Geode Capital Management LLC (1.82%) and Franklin Resources Inc. (1.80%). Insiders that own company stock include Constance B Moore, Douglas F Bauer, Douglas F Bauer, Glenn J Keeler, Steven J Gilbert and Thomas J Mitchell.
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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.
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One share of TPH stock can currently be purchased for approximately $24.83.

Tri Pointe Homes (NYSE:TPH) has a market capitalization of $2.53 billion and generates $4.30 billion in revenue each year. The construction company earns $576.06 million in net income (profit) each year or $5.57 on an earnings per share basis.

The company employs 1,470 workers across the globe.

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.