Tri Pointe Homes (TPH)

• Market cap: $2.88B
• 1 day: -1.54%
• 5 days: -15.20%
• 1 month: -17.28%
• 3 months: -26.64%
• 6 months: -29.33%
• Year to date: -14.21%
• 1 year: -13.29%
• 5 years: 67.61%
• 10 years: 98.39%
• Sector: Industrials
• Industry: Operative Builders

About: Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.

Employees: 1,438

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

10% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 127

2.03% more ownership

Funds ownership: 96.96% [Q3] → 98.99% (+2.03%) [Q4]

8% less call options, than puts

Call options by funds: $3.53M | Put options by funds: $3.82M

10% less funds holding

Funds holding: 380 [Q3] → 342 (-38) [Q4]

13% less capital invested

Capital invested by funds: $4.09B [Q3] → $3.57B (-$519M) [Q4]

48% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 65

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 36% upside
• Avg. target: $43 38% upside
• High target: $43 40% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Tyler Batory 21% 1-year accuracy 8 / 39 met price target	40% upside $43	Outperform Maintained	19 Feb 2025
Evercore ISI Group Stephen Kim 12% 1-year accuracy 3 / 26 met price target	36% upside $42	Outperform Maintained	19 Feb 2025