Q1 Earnings Estimate for Tri Pointe Homes Issued By Wedbush

Tri Pointe Homes Inc. (NYSE:TPH) – Wedbush cut their Q1 2026 earnings per share estimates for shares of Tri Pointe Homes in a report issued on Thursday, October 23rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings of $0.40 per share for the quarter, down from their previous forecast of $0.43. Wedbush has a “Outperform” rating and a $43.00 price target on the stock. The consensus estimate for Tri Pointe Homes’ current full-year earnings is $3.58 per share. Wedbush also issued estimates for Tri Pointe Homes’ Q2 2026 earnings at $0.58 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $1.02 EPS, FY2026 earnings at $2.72 EPS, Q1 2027 earnings at $0.44 EPS, Q3 2027 earnings at $0.84 EPS and FY2027 earnings at $3.17 EPS.

Tri Pointe Homes (NYSE:TPH) last issued its quarterly earnings results on Thursday, October 23rd. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.20. The firm had revenue of $836.87 million for the quarter, compared to analysts’ expectations of $782.22 million. Tri Pointe Homes had a return on equity of 9.79% and a net margin of 8.44%.The firm’s revenue for the quarter was down 26.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 EPS.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen upgraded Tri Pointe Homes from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Tri Pointe Homes in a research report on Wednesday, October 8th. Evercore ISI reiterated an “in-line” rating and set a $34.00 target price (down previously from $38.00) on shares of Tri Pointe Homes in a research report on Tuesday, October 7th. Finally, Wolfe Research cut Tri Pointe Homes from an “outperform” rating to a “peer perform” rating in a research report on Sunday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.25.

Tri Pointe Homes Stock Performance

Shares of TPH stock opened at $32.43 on Monday. The stock has a market capitalization of $2.79 billion, a PE ratio of 9.57, a price-to-earnings-growth ratio of 0.90 and a beta of 1.30. Tri Pointe Homes has a 52-week low of $27.90 and a 52-week high of $45.28. The stock’s 50-day moving average price is $34.10 and its 200 day moving average price is $32.47. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.34.

Tri Pointe Homes announced that its board has authorized a share repurchase program on Thursday, July 24th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the construction company to buy up to 1.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Tri Pointe Homes

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. grew its holdings in shares of Tri Pointe Homes by 45.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,108 shares of the construction company’s stock worth $38,000 after acquiring an additional 345 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Tri Pointe Homes by 306.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,383 shares of the construction company’s stock worth $47,000 after acquiring an additional 1,043 shares during the period. Nisa Investment Advisors LLC grew its holdings in shares of Tri Pointe Homes by 33.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,601 shares of the construction company’s stock worth $54,000 after acquiring an additional 401 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Tri Pointe Homes by 2,659.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,904 shares of the construction company’s stock worth $61,000 after acquiring an additional 1,835 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Tri Pointe Homes by 56.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,096 shares of the construction company’s stock worth $67,000 after acquiring an additional 757 shares during the period. Institutional investors and hedge funds 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.