Tri Pointe Homes, Inc. (NYSE:TPH – Free Report) – Stock analysts at Seaport Res Ptn issued their Q1 2025 EPS estimates for Tri Pointe Homes in a report released on Wednesday, February 19th. Seaport Res Ptn analyst K. Zener expects that the construction company will post earnings per share of $0.42 for the quarter. The consensus estimate for Tri Pointe Homes’ current full-year earnings is $4.80 per share. Seaport Res Ptn also issued estimates for Tri Pointe Homes’ Q2 2025 earnings at $0.84 EPS and Q3 2025 earnings at $0.82 EPS.
A number of other research analysts have also weighed in on the company. Royal Bank of Canada lowered Tri Pointe Homes from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $41.00 to $37.00 in a report on Wednesday. Wedbush reiterated a “neutral” rating and set a $38.00 target price (down from $44.00) on shares of Tri Pointe Homes in a research report on Tuesday. Evercore ISI decreased their price target on shares of Tri Pointe Homes from $54.00 to $42.00 and set an “outperform” rating on the stock in a report on Wednesday. StockNews.com lowered shares of Tri Pointe Homes from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th. Finally, Oppenheimer lowered their price target on Tri Pointe Homes from $53.00 to $43.00 and set an “outperform” rating on the stock in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $40.60.
Tri Pointe Homes Price Performance
Shares of NYSE TPH opened at $30.79 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.24. Tri Pointe Homes has a fifty-two week low of $30.25 and a fifty-two week high of $47.78. The stock has a market cap of $2.88 billion, a PE ratio of 6.37, a price-to-earnings-growth ratio of 0.49 and a beta of 1.64. The stock has a fifty day moving average of $36.32 and a 200-day moving average of $40.63.
Tri Pointe Homes (NYSE:TPH – Get Free Report) last issued its earnings results on Tuesday, February 18th. The construction company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Tri Pointe Homes had a net margin of 10.36% and a return on equity of 14.34%.
Tri Pointe Homes declared that its board has authorized a stock repurchase plan on Wednesday, December 18th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Insider Activity
In other news, COO Thomas J. Mitchell sold 77,384 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $39.15, for a total value of $3,029,583.60. Following the transaction, the chief operating officer now owns 708,159 shares in the company, valued at approximately $27,724,424.85. This trade represents a 9.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Tri Pointe Homes
A number of large investors have recently added to or reduced their stakes in TPH. Covestor Ltd increased its holdings in Tri Pointe Homes by 58.5% during the 4th quarter. Covestor Ltd now owns 908 shares of the construction company’s stock valued at $33,000 after purchasing an additional 335 shares during the period. Reston Wealth Management LLC purchased a new stake in Tri Pointe Homes in the third quarter worth $45,000. Smartleaf Asset Management LLC increased its stake in shares of Tri Pointe Homes by 84.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,339 shares of the construction company’s stock worth $49,000 after acquiring an additional 613 shares in the last quarter. Assetmark Inc. boosted its position in shares of Tri Pointe Homes by 19.6% in the 4th quarter. Assetmark Inc. now owns 1,827 shares of the construction company’s stock worth $66,000 after purchasing an additional 300 shares in the last quarter. Finally, Sterling Capital Management LLC increased its holdings in shares of Tri Pointe Homes by 729.5% during the fourth quarter. Sterling Capital Management LLC now owns 2,082 shares of the construction company’s stock valued at $75,000 after acquiring an additional 1,831 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.
About Tri Pointe Homes
Tri Pointe Homes, Inc engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia.
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