Tri Pointe Homes (TPH) to Release Quarterly Earnings on Tuesday

Tri Pointe Homes (NYSE:TPHGet Free Report) will be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $1.12 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Tri Pointe Homes Stock Up 2.8 %

Shares of TPH opened at $36.12 on Tuesday. Tri Pointe Homes has a 52 week low of $21.84 and a 52 week high of $36.43. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.75 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a fifty day moving average of $34.26 and a 200-day moving average of $30.68.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TPH. Captrust Financial Advisors grew its holdings in Tri Pointe Homes by 30.4% during the 1st quarter. Captrust Financial Advisors now owns 2,275 shares of the construction company’s stock worth $46,000 after acquiring an additional 531 shares during the period. MetLife Investment Management LLC grew its holdings in Tri Pointe Homes by 1.1% during the 4th quarter. MetLife Investment Management LLC now owns 53,539 shares of the construction company’s stock worth $995,000 after acquiring an additional 559 shares during the period. Federated Hermes Inc. grew its holdings in Tri Pointe Homes by 2.5% during the 1st quarter. Federated Hermes Inc. now owns 28,674 shares of the construction company’s stock worth $576,000 after acquiring an additional 698 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Tri Pointe Homes by 2.4% during the 1st quarter. Mercer Global Advisors Inc. ADV now owns 33,329 shares of the construction company’s stock worth $844,000 after acquiring an additional 771 shares during the period. Finally, Signet Financial Management LLC grew its holdings in Tri Pointe Homes by 0.6% during the 4th quarter. Signet Financial Management LLC now owns 129,658 shares of the construction company’s stock worth $2,410,000 after acquiring an additional 837 shares during the period. 97.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wedbush reaffirmed a “neutral” rating and set a $32.00 target price on shares of Tri Pointe Homes in a research report on Monday, December 18th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.00.

Get Our Latest Analysis on Tri Pointe Homes

About Tri Pointe Homes

(Get Free Report)

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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Earnings History for Tri Pointe Homes (NYSE:TPH)

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