Tri Pointe Homes (NYSE:TPH – Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Tri Pointe Homes to post earnings of $1.02 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Tri Pointe Homes (NYSE:TPH – Get Free Report) last announced its earnings results on Thursday, July 25th. The construction company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.09 by $0.16. Tri Pointe Homes had a return on equity of 14.03% and a net margin of 10.28%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue was up 38.3% on a year-over-year basis. On average, analysts expect Tri Pointe Homes to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Tri Pointe Homes Stock Performance
Shares of TPH stock opened at $46.68 on Thursday. The business’s 50 day simple moving average is $43.63 and its 200 day simple moving average is $40.56. Tri Pointe Homes has a one year low of $24.18 and a one year high of $47.78. The stock has a market capitalization of $4.37 billion, a PE ratio of 10.61, a PEG ratio of 0.74 and a beta of 1.59. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.29 and a quick ratio of 1.29.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on TPH
Insider Transactions at Tri Pointe Homes
In other news, General Counsel David Ch Lee sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $44.28, for a total transaction of $221,400.00. Following the transaction, the general counsel now directly owns 85,792 shares of the company’s stock, valued at $3,798,869.76. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, General Counsel David Ch Lee sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $44.28, for a total transaction of $221,400.00. Following the transaction, the general counsel now directly owns 85,792 shares of the company’s stock, valued at $3,798,869.76. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Glenn J. Keeler sold 24,200 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $46.16, for a total value of $1,117,072.00. Following the transaction, the chief financial officer now directly owns 149,108 shares in the company, valued at $6,882,825.28. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.
About Tri Pointe Homes
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.
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