Tri Pointe Homes(TPH)

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Tri Pointe Homes, Inc. Announces Fourth Quarter 2024 Earnings Release and Conference Call Date
Globenewswire· 2025-01-22 11:00
INCLINE VILLAGE, Nev., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH) announced today that it will release its financial results for the fourth quarter of 2024 before the market opens on Tuesday, February 18, 2025. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet ...
Tri Pointe Homes Introduces New Community Twinleaf Townes Featuring Interior Designs by Acclaimed Designer Bobby Berk
Prnewswire· 2024-12-19 16:01
First Bobby Berk-Designed Homes in the Triangle Feature Interiors Focused on Personal Style RALEIGH, N.C., Dec. 19, 2024 /PRNewswire/ -- Tri Pointe Homes, Inc. (NYSE: TPH), one of the nation's largest homebuilders, is pleased to announce Twinleaf Townes, a 102-townhome community located in the Durham County section of Chapel Hill. Featuring six unique townhome floorplans, homebuyers will be able to style their new dream home from 10 exclusive "BB Edit" design collections curated by celebrity interior design ...
Tri Pointe Homes, Inc. Announces $250 Million Stock Repurchase Program
Newsfilter· 2024-12-18 21:30
INCLINE VILLAGE, Nev., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of common stock through December 31, 2025 (the "Repurchase Program"), which succeeds the stock repurchase program that the Board of Directors authorized in December 2023 (the "2024 Repurchase Program"). For the fourth quarter through December 17, 2024, under the 2024 ...
TPH Expands Into Greater Orlando With 178 Homesites Acquisition
ZACKS· 2024-11-25 14:40
Tri Pointe Homes, Inc. (TPH) acquired 178 single-family home sites in the Sugarloaf Mountain from Richland Communities in Minneola, FL. This marks the company’s first land acquisition in the greater Orlando area, completed with the land’s bank partner, Kennedy Lewis Investment Management LLC. The expansion aligns with TPH's strategy to enter high-growth markets and address the demand for high-quality housing.The new community, Pine Ridge at Sugarloaf Mountain, is located on elevated terrain and will feature ...
Tri Pointe Homes® Closes on First Land Acquisition in the Greater Orlando Market, Marking the Homebuilder's Debut in Minneola's Sugarloaf Mountain Community
GlobeNewswire News Room· 2024-11-22 11:00
ORLANDO, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in the U.S., announced today the acquisition of 178 single-family detached homesites in the Sugarloaf Mountain planned community in Minneola, Florida with its land bank partner, Kennedy Lewis Investment Management LLC. This milestone follows Tri Pointe Homes’ entry into the greater Orlando market, a strategic expansion driven by the area’s robust growth and demand for high-quality housing options. ...
TPH or PSMMY: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-29 16:40
Core Viewpoint - Investors in the Building Products - Home Builders sector should consider Tri Pointe Homes (TPH) and Persimmon Plc (PSMMY) for potential value opportunities [1] Group 1: Company Rankings and Earnings Outlook - Both TPH and PSMMY hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook for both companies [3] - Value investors look beyond earnings estimates and consider various valuation metrics to assess if a company is undervalued [3] Group 2: Valuation Metrics - TPH has a forward P/E ratio of 8.73, while PSMMY has a forward P/E of 19.34, suggesting TPH may be a more attractive option based on this metric [5] - TPH's PEG ratio is 0.67, compared to PSMMY's PEG ratio of 1.37, indicating TPH's expected earnings growth is more favorable relative to its valuation [5] - TPH's P/B ratio is 1.19, while PSMMY's P/B ratio is 1.55, further supporting TPH's stronger valuation metrics [6] - TPH has a Value grade of A, while PSMMY has a Value grade of C, highlighting TPH as the superior value option [6][7]
Tri Pointe Homes(TPH) - 2024 Q3 - Quarterly Report
2024-10-24 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Tri Pointe (TPH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-24 16:06
Tri Pointe Homes (TPH) reported $1.11 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 34.9%. EPS of $1.18 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of +8.79%. The company delivered an EPS surprise of +15.69%, with the consensus EPS estimate being $1.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...
Tri Pointe Homes(TPH) - 2024 Q3 - Quarterly Results
2024-10-24 12:50
Exhibit 99.1 TRI POINTE HOMES, INC. REPORTS 2024 THIRD QUARTER RESULTS -New Home Deliveries of 1,619- -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.3%- -Diluted Earnings Per Share of $1.18- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., October 24, 2024 / Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. "Tri Pointe Homes once again delivered excellent financ ...
Tri Pointe Homes (TPH) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-24 12:15
Company Performance - Tri Pointe Homes (TPH) reported quarterly earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, and up from $0.76 per share a year ago, representing an earnings surprise of 15.69% [1] - The company achieved revenues of $1.11 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 8.79%, compared to revenues of $825.3 million in the same quarter last year [1] - Over the last four quarters, Tri Pointe has consistently surpassed consensus EPS and revenue estimates [1] Stock Performance - Tri Pointe shares have increased approximately 20.1% since the beginning of the year, while the S&P 500 has gained 21.5% [2] - The current Zacks Rank for Tri Pointe is 3 (Hold), indicating expected performance in line with the market in the near future [4] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.39 on revenues of $1.25 billion, and for the current fiscal year, it is $4.68 on revenues of $4.32 billion [4] - The trend of estimate revisions for Tri Pointe is mixed, and future changes in estimates will be closely monitored following the recent earnings report [4] Industry Context - The Building Products - Home Builders industry is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [5] - Beazer Homes (BZH), another company in the same industry, is expected to report quarterly earnings of $1.36 per share, reflecting a year-over-year decline of 24.4%, with revenues projected at $774.29 million, a 20% increase from the previous year [5]