Q1 EPS Estimates for Tri Pointe Homes Decreased by Wedbush

Tri Pointe Homes, Inc. (NYSE:TPH) – Wedbush decreased their Q1 2025 earnings per share (EPS) estimates for shares of Tri Pointe Homes in a research note issued to investors on Tuesday, February 18th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $0.48 per share for the quarter, down from their prior forecast of $0.86. Wedbush currently has a “Neutral” rating and a $38.00 price target on the stock. The consensus estimate for Tri Pointe Homes’ current full-year earnings is $4.80 per share. Wedbush also issued estimates for Tri Pointe Homes’ Q2 2025 earnings at $0.57 EPS, Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $1.10 EPS, FY2025 earnings at $2.99 EPS, Q1 2026 earnings at $0.39 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $1.35 EPS and FY2026 earnings at $3.16 EPS.

A number of other equities analysts also recently issued reports on TPH. Oppenheimer cut their price target on shares of Tri Pointe Homes from $53.00 to $43.00 and set an “outperform” rating for the company in a report on Wednesday. StockNews.com cut shares of Tri Pointe Homes from a “buy” rating to a “hold” rating in a research note on Tuesday, December 17th. 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 research note on Wednesday. Finally, Evercore ISI lowered their target price on Tri Pointe Homes from $54.00 to $42.00 and set an “outperform” rating on the stock in a report on Wednesday. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $40.60.

Tri Pointe Homes Trading Up 1.3 %

NYSE:TPH opened at $31.28 on Friday. Tri Pointe Homes has a 1 year low of $30.25 and a 1 year high of $47.78. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.24. The stock has a fifty day moving average price of $36.32 and a two-hundred day moving average price of $40.63. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 0.49 and a beta of 1.64.

Tri Pointe Homes (NYSE:TPH) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.30 by $0.07. Tri Pointe Homes had a net margin of 10.36% and a return on equity of 14.34%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.22 billion.

Tri Pointe Homes declared that its Board of Directors has authorized a share repurchase plan on Wednesday, December 18th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Tri Pointe Homes

In related news, COO Thomas J. Mitchell sold 77,384 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $39.15, for a total value of $3,029,583.60. Following the completion of the transaction, the chief operating officer now directly owns 708,159 shares in the company, valued at approximately $27,724,424.85. This represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Tri Pointe Homes

Several hedge funds have recently modified their holdings of TPH. Pacer Advisors Inc. acquired a new position in shares of Tri Pointe Homes in the 4th quarter valued at $118,407,000. Castlekeep Investment Advisors LLC acquired a new stake in Tri Pointe Homes during the fourth quarter worth about $60,261,000. Assenagon Asset Management S.A. raised its holdings in shares of Tri Pointe Homes by 260.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,417,263 shares of the construction company’s stock worth $64,216,000 after purchasing an additional 1,024,425 shares during the period. Norges Bank acquired a new position in shares of Tri Pointe Homes in the 4th quarter valued at about $14,815,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Tri Pointe Homes during the 4th quarter worth about $13,342,000. 97.01% of the stock is owned by institutional investors and hedge funds.

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.