TRI Pointe Group (TPH) Earns Daily Media Sentiment Score of 0.49

Headlines about TRI Pointe Group (NYSE:TPH) have trended positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TRI Pointe Group earned a media sentiment score of 0.49 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 46.167169707475 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several equities analysts recently commented on TPH shares. TheStreet upgraded TRI Pointe Group from a “c” rating to a “b-” rating in a research note on Monday, July 10th. ValuEngine upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded TRI Pointe Group from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, August 3rd. BidaskClub upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Finally, Barclays PLC downgraded TRI Pointe Group from an “overweight” rating to an “equal weight” rating and set a $14.00 price objective on the stock. in a research note on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. TRI Pointe Group currently has a consensus rating of “Hold” and a consensus price target of $14.13.

Shares of TRI Pointe Group (TPH) opened at 14.46 on Wednesday. The firm’s 50 day moving average price is $13.20 and its 200 day moving average price is $12.95. The stock has a market cap of $2.19 billion, a P/E ratio of 17.17 and a beta of 1.68. TRI Pointe Group has a 52-week low of $10.35 and a 52-week high of $14.49.

TRI Pointe Group (NYSE:TPH) last released its earnings results on Wednesday, July 26th. The construction company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. TRI Pointe Group had a net margin of 5.77% and a return on equity of 7.32%. The company had revenue of $568.80 million for the quarter, compared to analysts’ expectations of $563.72 million. During the same quarter in the previous year, the company earned $0.46 EPS. TRI Pointe Group’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts expect that TRI Pointe Group will post $1.34 EPS for the current year.

TRI Pointe Group declared that its board has authorized a share repurchase plan on Wednesday, July 26th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the construction company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

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Several equities analysts recently commented on TPH shares. TheStreet upgraded TRI Pointe Group from a “c” rating to a “b-” rating in a research note on Monday, July 10th. ValuEngine upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded TRI Pointe Group from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, August 3rd. BidaskClub upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Finally, Barclays PLC downgraded TRI Pointe Group from an “overweight” rating to an “equal weight” rating and set a $14.00 price objective on the stock. in a research note on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. TRI Pointe Group currently has a consensus rating of “Hold” and a consensus price target of $14.13.

Shares of TRI Pointe Group (TPH) opened at 14.46 on Wednesday. The firm’s 50 day moving average price is $13.20 and its 200 day moving average price is $12.95. The stock has a market cap of $2.19 billion, a P/E ratio of 17.17 and a beta of 1.68. TRI Pointe Group has a 52-week low of $10.35 and a 52-week high of $14.49.

TRI Pointe Group (NYSE:TPH) last released its earnings results on Wednesday, July 26th. The construction company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. TRI Pointe Group had a net margin of 5.77% and a return on equity of 7.32%. The company had revenue of $568.80 million for the quarter, compared to analysts’ expectations of $563.72 million. During the same quarter in the previous year, the company earned $0.46 EPS. TRI Pointe Group’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts expect that TRI Pointe Group will post $1.34 EPS for the current year.

TRI Pointe Group declared that its board has authorized a share repurchase plan on Wednesday, July 26th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the construction company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

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About TRI Pointe Group

TRI Pointe Group, Inc is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia.

Insider Buying and Selling by Quarter for TRI Pointe Group (NYSE:TPH)

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