Tri Pointe Homes
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
132% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 31
57% more call options, than puts
Call options by funds: $5.87M | Put options by funds: $3.74M
27% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 116
19% more capital invested
Capital invested by funds: $3.41B [Q2] → $4.06B (+$650M) [Q3]
12% more funds holding
Funds holding: 338 [Q2] → 379 (+41) [Q3]
0.49% less ownership
Funds ownership: 96.83% [Q2] → 96.34% (-0.49%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$44
19%
upside
Avg. target
$47
28%
upside
High target
$53
43%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
RBC Capital Mike Dahl 54% 1-year accuracy 31 / 57 met price target | 22%upside $45 | Outperform Maintained | 25 Oct 2024 |
Oppenheimer Tyler Batory 35% 1-year accuracy 15 / 43 met price target | 43%upside $53 | Outperform Maintained | 25 Oct 2024 |
Wedbush Jay McCanless 74% 1-year accuracy 51 / 69 met price target | 19%upside $44 | Neutral Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 4 articles about TPH published over the past 30 days
Neutral
PRNewsWire
2 days ago
Tri Pointe Homes Introduces New Community Twinleaf Townes Featuring Interior Designs by Acclaimed Designer Bobby Berk
First Bobby Berk-Designed Homes in the Triangle Feature Interiors Focused on Personal Style RALEIGH, N.C. , Dec. 19, 2024 /PRNewswire/ -- Tri Pointe Homes, Inc. (NYSE: TPH), one of the nation's largest homebuilders, is pleased to announce Twinleaf Townes, a 102-townhome community located in the Durham County section of Chapel Hill.
Neutral
GlobeNewsWire
2 days ago
Tri Pointe Homes, Inc. Announces $250 Million Stock Repurchase Program
INCLINE VILLAGE, Nev., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of common stock through December 31, 2025 (the “Repurchase Program”), which succeeds the stock repurchase program that the Board of Directors authorized in December 2023 (the “2024 Repurchase Program”). For the fourth quarter through December 17, 2024, under the 2024 Repurchase Program, the Company repurchased 1,202,913 shares of common stock at a weighted average price per share of $41.57 for an aggregate dollar amount of $50.0 million. For the full year through December 17, 2024, under the 2024 Repurchase Program, the Company repurchased 3,964,537 shares of common stock at a weighted average price per share of $36.97 for an aggregate dollar amount of $146.6 million.
Positive
Zacks Investment Research
3 weeks ago
TPH Expands Into Greater Orlando With 178 Homesites Acquisition
Tri Pointe Homes expands into Greater Orlando with the acquisition of 178 home sites for Pine Ridge at Sugarloaf Mountain.
Neutral
GlobeNewsWire
4 weeks ago
Tri Pointe Homes® Closes on First Land Acquisition in the Greater Orlando Market, Marking the Homebuilder's Debut in Minneola's Sugarloaf Mountain Community
With 178 homesites planned, the acquisition introduces Tri Pointe's premium lifestyle brand to homebuyers in the Orlando region With 178 homesites planned, the acquisition introduces Tri Pointe's premium lifestyle brand to homebuyers in the Orlando region
Neutral
Zacks Investment Research
1 month ago
TPH or PSMMY: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Building Products - Home Builders sector might want to consider either Tri Pointe Homes (TPH) or Persimmon Plc (PSMMY). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy Tri Pointe Homes (TPH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Seeking Alpha
1 month ago
Tri Pointe Homes, Inc. (TPH) Q3 2024 Earnings Call Transcript
Tri Pointe Homes, Inc. (NYSE:TPH ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants David Lee - General Counsel Doug Bauer - Chief Executive Officer Glenn Keeler - Chief Financial Officer Tom Mitchell - President and Chief Operating Officer Linda Mamet - Executive Vice President and Chief Marketing Officer Conference Call Participants Stephen Kim - Evercore ISI Trevor Allinson - Wolfe Research Alan Ratner - Zelman & Associates Michael Dahl - RBC Capital Markets Carl Reichardt - BTIG Jay McCanless - Wedbush Securities Ken Zener - Seaport Research Partners Alex Barron - Housing Research Center Operator Greetings, and welcome to Tri Pointe's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Tri Pointe (TPH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Tri Pointe (TPH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Tri Pointe Homes (TPH) Beats Q3 Earnings and Revenue Estimates
Tri Pointe Homes (TPH) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Tri Pointe Homes, Inc. Reports 2024 Third Quarter Results
-New Home Deliveries of 1,619- -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.3%- -Diluted Earnings Per Share of $1.18- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%-
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