Wedbush Equities Analysts Lower Earnings Estimates for TPH

Tri Pointe Homes, Inc. (NYSE:TPH) – Stock analysts at Wedbush decreased their Q1 2025 EPS estimates for shares of Tri Pointe Homes in a note issued to investors on Thursday, October 24th. Wedbush analyst J. Mccanless now expects that the construction company will earn $0.86 per share for the quarter, down from their prior forecast of $0.87. Wedbush currently has a “Neutral” rating and a $42.00 target price on the stock. The consensus estimate for Tri Pointe Homes’ current full-year earnings is $4.68 per share. Wedbush also issued estimates for Tri Pointe Homes’ Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $1.44 EPS, Q3 2026 earnings at $1.61 EPS and FY2026 earnings at $5.92 EPS.

A number of other research analysts also recently commented on the stock. Evercore ISI raised shares of Tri Pointe Homes to a “strong-buy” rating in a research report on Friday, July 26th. Zelman & Associates raised Tri Pointe Homes from an “underperform” rating to a “neutral” rating and set a $43.00 price target on the stock in a research report on Tuesday, September 17th. Oppenheimer cut their price objective on Tri Pointe Homes from $56.00 to $53.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Royal Bank of Canada decreased their target price on Tri Pointe Homes from $48.00 to $45.00 and set an “outperform” rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.75.

Tri Pointe Homes Price Performance

Shares of TPH opened at $41.44 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The company’s fifty day simple moving average is $43.98 and its 200 day simple moving average is $40.89. Tri Pointe Homes has a 1-year low of $24.46 and a 1-year high of $47.78. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 8.60, a PEG ratio of 0.66 and a beta of 1.59.

Tri Pointe Homes (NYSE:TPH) last posted its quarterly earnings results on Thursday, October 24th. The construction company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.11. Tri Pointe Homes had a return on equity of 14.83% and a net margin of 10.41%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the company earned $0.76 earnings per share. The business’s revenue was up 34.9% compared to the same quarter last year.

Insiders Place Their Bets

In other news, General Counsel David Ch Lee sold 5,000 shares of Tri Pointe Homes stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $44.28, for a total value of $221,400.00. Following the completion of the sale, the general counsel now directly owns 85,792 shares in the company, valued at approximately $3,798,869.76. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.50% of the company’s stock.

Institutional Trading of Tri Pointe Homes

Several large investors have recently made changes to their positions in TPH. Fidelis Capital Partners LLC acquired a new stake in shares of Tri Pointe Homes in the 1st quarter valued at $25,000. Gradient Investments LLC acquired a new stake in shares of Tri Pointe Homes in the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC acquired a new position in Tri Pointe Homes during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC lifted its stake in Tri Pointe Homes by 63.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,520 shares of the construction company’s stock valued at $57,000 after purchasing an additional 588 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Tri Pointe Homes by 31.7% in the second quarter. Blue Trust Inc. now owns 1,774 shares of the construction company’s stock valued at $69,000 after buying an additional 427 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

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.