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 brands, including 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, Virginia, and the District of Columbia. As of December 31, 2020, its operations consisted of 112 active selling communities and 35,641 owned or controlled lots. The company sells its homes through own sales representatives and independent real estate brokers. It also provides financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services. The company was formerly known as TRI Pointe Group, Inc. and changed its name to Tri Pointe Homes, Inc. in January 2021. Tri Pointe Homes, Inc. was founded in 2009 and is headquartered in Irvine, California.
IPO Year: 2013
Exchange: NYSE
Website: tripointehomes.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/28/2024 | Neutral | Seaport Research Partners | |
3/13/2024 | $38.00 | Sector Perform → Outperform | RBC Capital Mkts |
12/18/2023 | $32.00 | Outperform → Neutral | Wedbush |
9/7/2023 | $36.00 | Perform → Outperform | Oppenheimer |
8/7/2023 | $38.00 | Peer Perform → Outperform | Wolfe Research |
6/1/2023 | $42.00 | Buy | Deutsche Bank |
1/19/2023 | Perform | Oppenheimer | |
6/16/2022 | $26.00 → $20.00 | Buy → Neutral | B. Riley Securities |
10/22/2021 | $22.00 → $25.00 | Underperform → Sector Perform | RBC Capital |
7/23/2021 | Sell → Hold | Zelman |
RALEIGH, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE:TPH), one of the largest homebuilders in the U.S., together with its Raleigh division, today announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. Located within Greenfield Communities' 550-acre Serenity development in rapidly growing Northwest Harnett County just outside Fuquay-Varina, Altis at Serenity is expected to add an additional 425 homes to the anticipated total buildout of 1,210 residences for the tranquil, planned community. Altis is projected to open in the spring of 2025 and marks the fourth community by Tri Pointe's Altis brand. "Serenity offers the per
IRVINE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE:TPH), one of the largest homebuilders in the U.S., announced the promotion of Linda Mamet to Executive Vice President in addition to her Chief Marketing Officer role, as well as the appointment of Urmila Menon as the company's new Chief Information Officer. In her expanded capacity, Mamet will continue to oversee sales, marketing and business intelligence strategies while also collaborating closely with Menon, IT team members and functional leaders to evolve the company's technological capabilities. Mamet joined Tri Pointe Homes in 2014 as Vice President of Corporate Marketing and is a key member of the executive
INCLINE VILLAGE, Nev., Sept. 27, 2021 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. ("Tri Pointe Homes" or the "Company") (NYSE:TPH) today announced the appointment of R. Kent Grahl to its Board of Directors, effective September 27, 2021. Mr. Grahl has also been appointed to the Audit, Compensation and Executive Land Committees of the Company's Board of Directors. "We are excited for Kent to join the Tri Pointe Homes Board of Directors and look forward to leveraging his substantial experience in the homebuilding industry," said Steven Gilbert, Chairman of the Tri Pointe Homes Board. "Kent has more than 30 years of experience in investing and managing institutional capital for residential and
10-Q - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
10-Q - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
10-Q - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
8-K - Tri Pointe Homes, Inc. (0001561680) (Filer)
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-New Home Deliveries of 1,619--Home Sales Revenue of $1.1 Billion--Homebuilding Gross Margin Percentage of 23.3%--Diluted Earnings Per Share of $1.18--Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. "Tri Pointe Homes once again delivered excellent financial results for the third quarter," said Doug Bauer, Tri Pointe Homes Chief Executive Officer. "We achieved a 32% increase in deliveries to 1,619 homes, a 2% rise in the average sales price, and a 35% growth in homes sales revenue to $1.1 billi
Final New Construction Phase of Sought-After Community Offers Two- and Three-Story Townhomes in Charming and Historic Raleigh Suburb RALEIGH, N.C., Oct. 21, 2024 /PRNewswire/ -- Tri Pointe Homes®, a nationally recognized and rapidly expanding leader in the Raleigh new home real estate sector, is now selling The Mews at Holding Village, the final new construction phase in the popular Holding Village neighborhood in Wake Forest. Priced from the mid $300s, these two- and three-story townhomes provide low-maintenance living with a lifestyle seamlessly blending ease and sophistication, set within a community that embraces both nature and community connectedness. Interested buyers can choose from
Homebuilder Awarded More Than 10 Accolades Including Home of the Year and Salesperson of the Year POTOMAC, Md., Oct. 10, 2024 /PRNewswire/ -- Tri Pointe Homes, Inc. (NYSE:TPH) is pleased to announce that its D.C. Metro division received 13 awards (eleven awards and two awards of merit) across the categories of design & architecture, interior merchandising and sales & marketing during the Great American Living Awards held on October 9, 2024. Tri Pointe Homes also received two of the most prominent awards of the night, "Salesperson of the Year" and the grand award for "Home of the Year" for the second year in a row.
INCLINE VILLAGE, Nev., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the third quarter of 2024 before the market opens on Thursday, October 24, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international partici
INCLINE VILLAGE, Nev., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH), one of the largest homebuilders in the U.S., today announced the release of its 2023 sustainability report, which is available at investors.tripointehomes.com/sustainability. The report details the company's ideals and endeavors regarding important policies, commitments and actions to advance its sustainability initiatives and positively impact society. "In 2023, we continued to improve our data collection and reporting processes in connection with our carbon emissions calculations," said Doug Bauer, Tri Pointe Homes Chief Executive Officer. "We also made further investments in our LivingSma
Alterra to offer five- to six-bedroom homes on the Eastside starting from the $2 millions Eastside homebuyers will soon have the opportunity to purchase their dream home at Alterra, a 62-home neighborhood located in Newcastle, Wash., from Tri Pointe Homes, Inc. (NYSE:TPH), one of the nation's largest homebuilders. Two model homes with interiors designed and merchandized by Emmy award-winning TV host and design expert Bobby Berk are slated to open for tours starting Sept. 21. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911117497/en/Exterior of model home at Alterra. Photo credit: ImageArts Productions / Tri Pointe Homes Alt
Tredenham in Durham and Elm Park in Raleigh are Among the Most Recent Additions to the Nationally Renowned Homebuilder's Impressive Portfolio of Triangle Neighborhoods RALEIGH, N.C., Aug. 9, 2024 /PRNewswire/ -- Tri Pointe Homes®, one of the Triangle area's leading homebuilders, announces the opening of two new Triangle-based neighborhoods, Tredenham in Durham and Elm Park in Raleigh. Tredenham, built in a prime location convenient to Brier Creek, and Elm Park, situated in the heart of Raleigh off Duraleigh Road, will be showcased in the upcoming Triangle Parade of Homes tour Sept. 28-29, Oct. 4-6, and Oct. 11-13 from noon to 5 p.m. featuring move-in ready homes available for homebuyers to v
RALEIGH, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE:TPH), one of the largest homebuilders in the U.S., together with its Raleigh division, today announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. Located within Greenfield Communities' 550-acre Serenity development in rapidly growing Northwest Harnett County just outside Fuquay-Varina, Altis at Serenity is expected to add an additional 425 homes to the anticipated total buildout of 1,210 residences for the tranquil, planned community. Altis is projected to open in the spring of 2025 and marks the fourth community by Tri Pointe's Altis brand. "Serenity offers the per
-Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.6%- -Diluted Earnings Per Share of $1.25- -Increased Dollar Value of Backlog to $2.0 Billion- -Reduced Debt by $450 Million- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.9%- INCLINE VILLAGE, Nev., July 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the second quarter ended June 30, 2024. "I am pleased to report another quarter of outstanding results, driven by our focus on expanding scale and efficiencies within our existing markets while building a foundation for future growth in our new markets," said Doug Bauer, Tri Pointe Home
INCLINE VILLAGE, Nev., June 28, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, July 25, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participan
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Seaport Research Partners initiated coverage of TRI Pointe Homes with a rating of Neutral
RBC Capital Mkts upgraded TRI Pointe Homes from Sector Perform to Outperform and set a new price target of $38.00
Wedbush downgraded TRI Pointe Homes from Outperform to Neutral and set a new price target of $32.00
Oppenheimer upgraded TRI Pointe Homes from Perform to Outperform and set a new price target of $36.00
Wolfe Research upgraded TRI Pointe Homes from Peer Perform to Outperform and set a new price target of $38.00
Deutsche Bank initiated coverage of TRI Pointe Homes with a rating of Buy and set a new price target of $42.00
Oppenheimer initiated coverage of TRI Pointe Homes with a rating of Perform
B. Riley Securities downgraded TRI Pointe Homes from Buy to Neutral and set a new price target of $20.00 from $26.00 previously
RBC Capital upgraded Tri Pointe Homes from Underperform to Sector Perform and set a new price target of $25.00 from $22.00 previously
Zelman upgraded Tri Pointe Homes from Sell to Hold
-New Home Deliveries of 1,619--Home Sales Revenue of $1.1 Billion--Homebuilding Gross Margin Percentage of 23.3%--Diluted Earnings Per Share of $1.18--Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. "Tri Pointe Homes once again delivered excellent financial results for the third quarter," said Doug Bauer, Tri Pointe Homes Chief Executive Officer. "We achieved a 32% increase in deliveries to 1,619 homes, a 2% rise in the average sales price, and a 35% growth in homes sales revenue to $1.1 billi
INCLINE VILLAGE, Nev., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the third quarter of 2024 before the market opens on Thursday, October 24, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international partici
-Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.6%- -Diluted Earnings Per Share of $1.25- -Increased Dollar Value of Backlog to $2.0 Billion- -Reduced Debt by $450 Million- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.9%- INCLINE VILLAGE, Nev., July 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the second quarter ended June 30, 2024. "I am pleased to report another quarter of outstanding results, driven by our focus on expanding scale and efficiencies within our existing markets while building a foundation for future growth in our new markets," said Doug Bauer, Tri Pointe Home
INCLINE VILLAGE, Nev., June 28, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, July 25, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participan
–Net New Home Orders Increased 12% Year-Over-Year to 1,814––Backlog Units Increased 35% Year-Over-Year to 2,741––Active Selling Communities Increased 15% Year-Over-Year to 156––Home Sales Revenue of $918 Million––Homebuilding Gross Margin Percentage of 23.0%––Diluted Earnings Per Share of $1.03––Debt-to-Capital Ratio of 31.2% and Total Liquidity of $1.6 Billion– INCLINE VILLAGE, Nev., April 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the first quarter ended March 31, 2024. "I am pleased to report our first quarter results, which again met or exceeded the high end of our guidance across all key operating metrics," said Doug Ba
INCLINE VILLAGE, Nev., March 29, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the first quarter of 2024 before the market opens on Thursday, April 25, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participa
Fourth Quarter Highlights -Net New Home Orders Increased 143% to 1,078- -Backlog Units Increased 58% to 2,320, and Backlog Dollar Value Increased 38% to $1.6 Billion- -Active Selling Communities Increased 14% to 155- -New Home Deliveries of 1,813 for Home Sales Revenue of $1.2 Billion- -Homebuilding Gross Margin Percentage of 22.9%- -Diluted Earnings Per Share of $1.36- INCLINE VILLAGE, Nev., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the fourth quarter ended December 31, 2023 and full year 2023. "2023 proved to be another strong year for Tri Pointe Homes, capped off by a successful fourth quarter, during which we repor
INCLINE VILLAGE, Nev., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the fourth quarter of 2023 before the market opens on Tuesday, February 20, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participants. Interested parties c
-Net New Home Orders Increased 122% Year-Over-Year to 1,513- -Active Selling Communities Increased 23% Year-Over-Year to 163- -Home Sales Revenue of $825 Million- -Homebuilding Gross Margin Percentage of 22.3%- -Diluted Earnings Per Share of $0.76- -Debt-to-Capital Ratio of 32.1% and Total Liquidity of $1.5 Billion- INCLINE VILLAGE, Nev., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2023. "Tri Pointe delivered a strong operational performance in the third quarter, surpassing our delivery guidance and generating home sales revenue of $825 million," said Doug Bauer, Tri Pointe Homes Ch
INCLINE VILLAGE, Nev., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE:TPH) announced today that it will release its financial results for the third quarter of 2023 before the market opens on Thursday, October 26, 2023. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Chief Marketing Officer. Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participants. Interested parties can
Wedbush analyst Jay McCanless reiterates Tri Pointe Homes (NYSE:TPH) with a Neutral and maintains $42 price target.
Tri Pointe Homes (NYSE:TPH) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.09 by 14.68 percent. This is a 108.33 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $1.137 billion which beat the analyst consensus estimate of $1.073 billion by 6.00 percent. This is a 37.49 percent increase over sales of $826.959 million the same period last year.
Oppenheimer analyst Tyler Batory maintains Tri Pointe Homes (NYSE:TPH) with a Outperform and raises the price target from $41 to $46.
RBC Capital analyst Mike Dahl maintains Tri Pointe Homes (NYSE:TPH) with a Outperform and raises the price target from $38 to $42.