News articles about TRI Pointe Group (NYSE:TPH) have trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TRI Pointe Group earned a news impact score of 0.39 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 46.7163037559728 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.
A number of research analysts have weighed in on TPH shares. Barclays raised TRI Pointe Group from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $17.00 to $21.00 in a research note on Friday, January 5th. Zacks Investment Research lowered TRI Pointe Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. ValuEngine raised TRI Pointe Group from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Gabelli increased their price target on TRI Pointe Group from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Finally, FBR & Co reissued a “buy” rating and set a $20.00 price target on shares of TRI Pointe Group in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $18.22.
Shares of TRI Pointe Group (NYSE:TPH) opened at $18.59 on Friday. The company has a market capitalization of $2,855.21, a price-to-earnings ratio of 16.90, a PEG ratio of 0.99 and a beta of 1.74. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.80. TRI Pointe Group has a twelve month low of $11.69 and a twelve month high of $19.55.
TRI Pointe Group (NYSE:TPH) last released its quarterly earnings data on Wednesday, October 25th. The construction company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The business had revenue of $717.40 million during the quarter, compared to the consensus estimate of $706.65 million. TRI Pointe Group had a return on equity of 9.32% and a net margin of 6.97%. The business’s revenue for the quarter was up 24.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 EPS. research analysts predict that TRI Pointe Group will post 1.37 earnings per share for the current year.
In related news, CEO Douglas F. Bauer sold 75,000 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $18.04, for a total value of $1,353,000.00. Following the completion of the sale, the chief executive officer now directly owns 289,313 shares in the company, valued at approximately $5,219,206.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas J. Mitchell sold 291,039 shares of the stock in a transaction on Friday, October 27th. The shares were sold at an average price of $17.04, for a total value of $4,959,304.56. Following the completion of the sale, the insider now owns 274,312 shares of the company’s stock, valued at $4,674,276.48. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 839,281 shares of company stock valued at $14,798,905. Insiders own 2.20% of the company’s stock.
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TRI Pointe Group Company Profile
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.
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