Tri Pointe Homes, Inc. with ticker code (TPH) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 33 and 22 calculating the mean target price we have $27.33. Given that the stocks previous close was at $25.75 this is indicating there is a potential upside of 6.1%. The day 50 moving average is $23.96 and the 200 moving average now moves to $19.46. The market capitalization for the company is $2,624m. You can visit the company’s website by visiting: https://www.tripointehomes.com
The potential market cap would be $2,785m based on the market consensus.
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. It operates active selling communities, and 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 based in Incline Village, Nevada.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.66, revenue per share of 42.26 and a 10.76% return on assets.
