Analysts’ Recent Ratings Updates for Tri Pointe Homes (TPH)

Tri Pointe Homes (NYSE: TPH) has recently received a number of price target changes and ratings updates:

• 2/19/2025 – Tri Pointe Homes was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $37.00 price target on the stock, down previously from $41.00.
• 2/19/2025 – Tri Pointe Homes had its price target lowered by analysts at Oppenheimer Holdings Inc. from $53.00 to $43.00. They now have an “outperform” rating on the stock.
• 2/19/2025 – Tri Pointe Homes had its price target lowered by analysts at Evercore ISI from $54.00 to $42.00. They now have an “outperform” rating on the stock.
• 2/18/2025 – Tri Pointe Homes had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $38.00 price target on the stock, down previously from $44.00.

Tri Pointe Homes Stock Performance

Shares of TPH stock opened at $31.61 on Thursday. Tri Pointe Homes, Inc. has a 1-year low of $30.25 and a 1-year high of $47.78. The company has a current ratio of 2.24, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 6.54, a P/E/G ratio of 0.67 and a beta of 1.64. The stock’s fifty day simple moving average is $35.79 and its 200-day simple moving average is $40.38.

Tri Pointe Homes (NYSE:TPH) last issued its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. Tri Pointe Homes had a return on equity of 14.34% and a net margin of 10.36%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.22 billion. On average, sell-side analysts predict that Tri Pointe Homes, Inc. will post 3.58 earnings per share for the current fiscal year.

Insider Activity at Tri Pointe Homes

In related news, COO Thomas J. Mitchell sold 77,384 shares of Tri Pointe Homes stock in a transaction on Monday, December 16th. The stock was sold at an average price of $39.15, for a total transaction of $3,029,583.60. Following the completion of the sale, the chief operating officer now owns 708,159 shares of the company’s stock, valued at approximately $27,724,424.85. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Institutional Trading of Tri Pointe Homes

A number of institutional investors have recently bought and sold shares of the company. Mackenzie Financial Corp boosted its position in Tri Pointe Homes by 129.1% during the fourth quarter. Mackenzie Financial Corp now owns 51,968 shares of the construction company’s stock valued at $1,884,000 after purchasing an additional 29,281 shares during the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in Tri Pointe Homes during the fourth quarter valued at $1,642,000. PharVision Advisers LLC acquired a new stake in Tri Pointe Homes during the fourth quarter valued at $242,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Tri Pointe Homes by 20.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 284,527 shares of the construction company’s stock valued at $10,317,000 after purchasing an additional 48,857 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its position in shares of Tri Pointe Homes by 44.9% in the fourth quarter. Voloridge Investment Management LLC now owns 495,976 shares of the construction company’s stock worth $17,984,000 after buying an additional 153,758 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

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.