What is Seaport Res Ptn’s Estimate for TPH FY2025 Earnings?

Tri Pointe Homes, Inc. (NYSE:TPH) – Equities researchers at Seaport Res Ptn dropped their FY2025 earnings estimates for shares of Tri Pointe Homes in a note issued to investors on Wednesday, February 19th. Seaport Res Ptn analyst K. Zener now expects that the construction company will post earnings per share of $2.98 for the year, down from their previous forecast of $4.42. The consensus estimate for Tri Pointe Homes’ current full-year earnings is $3.58 per share. Seaport Res Ptn also issued estimates for Tri Pointe Homes’ Q4 2025 earnings at $0.90 EPS and FY2026 earnings at $2.89 EPS.

Tri Pointe Homes (NYSE:TPH) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.07. Tri Pointe Homes had a net margin of 10.36% and a return on equity of 14.34%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.22 billion.

Several other research analysts have also weighed in on the stock. Oppenheimer reduced their price objective on shares of Tri Pointe Homes from $53.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Wedbush reaffirmed a “neutral” rating and issued a $38.00 price target (down previously from $44.00) on shares of Tri Pointe Homes in a research note on Tuesday, February 18th. Evercore ISI cut their price target on shares of Tri Pointe Homes from $54.00 to $42.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Royal Bank of Canada lowered shares of Tri Pointe Homes from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $41.00 to $37.00 in a research note on Wednesday, February 19th. Finally, StockNews.com lowered shares of Tri Pointe Homes from a “buy” rating to a “hold” rating in a research note on Tuesday, December 17th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $40.60.

Tri Pointe Homes Stock Down 1.6 %

Tri Pointe Homes stock opened at $30.79 on Monday. The company’s 50 day simple moving average is $36.16 and its 200 day simple moving average is $40.55. Tri Pointe Homes has a fifty-two week low of $30.25 and a fifty-two week high of $47.78. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.67 and a beta of 1.64. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.24 and a quick ratio of 1.64.

Institutional Trading of Tri Pointe Homes

Hedge funds and other institutional investors have recently made changes to their positions in the business. Covestor Ltd increased its holdings in Tri Pointe Homes by 58.5% during the fourth quarter. Covestor Ltd now owns 908 shares of the construction company’s stock worth $33,000 after buying an additional 335 shares during the last quarter. Reston Wealth Management LLC acquired a new position in Tri Pointe Homes during the third quarter worth $45,000. Smartleaf Asset Management LLC increased its holdings in Tri Pointe Homes by 84.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,339 shares of the construction company’s stock worth $49,000 after buying an additional 613 shares during the last quarter. Assetmark Inc. increased its holdings in Tri Pointe Homes by 19.6% during the fourth quarter. Assetmark Inc. now owns 1,827 shares of the construction company’s stock worth $66,000 after buying an additional 300 shares during the last quarter. Finally, Sterling Capital Management LLC increased its holdings in Tri Pointe Homes by 729.5% during the fourth quarter. Sterling Capital Management LLC now owns 2,082 shares of the construction company’s stock worth $75,000 after buying an additional 1,831 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Thomas J. Mitchell sold 77,384 shares of Tri Pointe Homes stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $39.15, for a total value of $3,029,583.60. Following the sale, the chief operating officer now directly owns 708,159 shares in the company, valued at $27,724,424.85. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is owned by corporate insiders.

Tri Pointe Homes declared that its Board of Directors has authorized a share buyback program on Wednesday, December 18th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 7.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Tri Pointe Homes Company Profile

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.