Tri Pointe Homes (NYSE:TPH – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Tri Pointe Homes to post earnings of $0.69 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Tri Pointe Homes (NYSE:TPH – Get Free Report) last released its quarterly earnings results on Tuesday, February 20th. The construction company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.12 by $0.24. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.20 billion. Tri Pointe Homes had a net margin of 9.37% and a return on equity of 11.75%. The company’s quarterly revenue was down 17.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.98 earnings per share. On average, analysts expect Tri Pointe Homes to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Tri Pointe Homes Stock Up 4.0 %
Shares of TPH opened at $36.67 on Wednesday. The firm has a market cap of $3.50 billion, a PE ratio of 10.63, a price-to-earnings-growth ratio of 0.74 and a beta of 1.54. The company’s fifty day moving average is $35.69 and its two-hundred day moving average is $32.81. Tri Pointe Homes has a fifty-two week low of $24.18 and a fifty-two week high of $39.08. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.46.
Insider Activity
Wall Street Analyst Weigh In
TPH has been the topic of a number of research reports. Royal Bank of Canada raised shares of Tri Pointe Homes from a “sector perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research note on Wednesday, March 13th. Oppenheimer reaffirmed an “outperform” rating and set a $41.00 price target (up previously from $36.00) on shares of Tri Pointe Homes in a research note on Wednesday, February 21st. Finally, Wedbush reaffirmed a “neutral” rating and set a $32.00 price target on shares of Tri Pointe Homes in a research note on Tuesday, February 20th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $38.20.
Get Our Latest Research Report on TPH
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.
Further Reading
- Five stocks we like better than Tri Pointe Homes
- Where to Find Earnings Call Transcripts
- Charles Schwab Fortifies its Uptrend on EPS Beat
- High Flyers: 3 Natural Gas Stocks for March 2022
- Lockheed Martin Stock Aims for a Fresh All-Time High
- Why Invest in 5G? How to Invest in 5G Stocks
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for Tri Pointe Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri Pointe Homes and related companies with MarketBeat.com's FREE daily email newsletter.