Tri Pointe Homes found using ticker (TPH) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 38 and 28 calculating the mean target price we have 31.71. Now with the previous closing price of 24.06 this would indicate that there is a potential upside of 31.8%. The 50 day MA is 25.9 and the 200 moving average now moves to 23.85. The market capitalisation for the company is $2,507m. Visit the company website at: https://www.tripointehomes.com
The potential market cap would be $3,304m based on the market concensus.
Tri Pointe Homes 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 and changed its name to Tri Pointe Homes in January 2021. Tri Pointe Homes was founded in 2009 and is headquartered in Irvine, California.
