NYSE:TPH - TRI Pointe Group Stock Price, Forecast & News

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

TRI Pointe Group announced that its Board of Directors has authorized a stock buyback program on Tuesday, February 20th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

TRI Pointe Group Inc (NYSE:TPH) posted its earnings results on Thursday, October, 31st. The construction company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.08. The construction company earned $746.27 million during the quarter, compared to the consensus estimate of $687.49 million. TRI Pointe Group had a return on equity of 9.72% and a net margin of 6.14%. The business's quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. View TRI Pointe Group's Earnings History.

TRI Pointe Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for TRI Pointe Group.

6 analysts have issued 1 year price objectives for TRI Pointe Group's shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate TRI Pointe Group's stock price to reach $15.20 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for TRI Pointe Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TRI Pointe Group in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TRI Pointe Group.

Media headlines about TPH stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TRI Pointe Group earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for TRI Pointe Group.

Some companies that are related to TRI Pointe Group include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

Based on aggregate information from My MarketBeat watchlists, some companies that other TRI Pointe Group investors own include Ford Motor (F), Netflix (NFLX), Micron Technology (MU), Alibaba Group (BABA), Freeport-McMoRan (FCX), Twitter (TWTR), Weyerhaeuser (WY), Intel (INTC), General Electric (GE) and Advanced Micro Devices (AMD).

TRI Pointe Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (4.04%), State Street Corp (3.87%), Echo Street Capital Management LLC (2.42%), Hotchkis & Wiley Capital Management LLC (2.36%), Goldman Sachs Group Inc. (1.76%) and Investment Counselors of Maryland LLC (1.52%). Company insiders that own TRI Pointe Group stock include Douglas F Bauer, Glenn J Keeler and Michael D Grubbs. View Institutional Ownership Trends for TRI Pointe Group.

TPH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Greenhaven Associates Inc., Hotchkis & Wiley Capital Management LLC, Pictet Asset Management Ltd., Marshall Wace LLP, South Dakota Investment Council, Royce & Associates LP and Barclays PLC. View Insider Buying and Selling for TRI Pointe Group.

TPH stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Franklin Resources Inc., AQR Capital Management LLC, Goldman Sachs Group Inc., Man Group plc, UBS Group AG, Public Sector Pension Investment Board and Panagora Asset Management Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TPH stock can currently be purchased for approximately $17.23.

TRI Pointe Group has a market capitalization of $2.40 billion and generates $3.26 billion in revenue each year. The construction company earns $269.91 million in net income (profit) each year or $1.90 on an earnings per share basis. TRI Pointe Group employs 1,435 workers across the globe.View Additional Information About TRI Pointe Group.

The official website for TRI Pointe Group is http://www.tripointegroup.com/.

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]