Tri Pointe Homes found using ticker (TPH) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 38 and 22 with the average target price sitting at 30.43. With the stocks previous close at 21.4 this now indicates there is a potential upside of 42.2%. The 50 day MA is 20.5 and the 200 day moving average is 23.19. The company has a market cap of $2,217m. Visit the company website at: https://www.tripointehomes.com
The potential market cap would be $3,152m 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 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, Virginia, and the District of Columbia. As of December 31, 2021, its operations consisted of 112 active selling communities and 41,675 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.
