RALEIGH, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE:TPH), one of the largest homebuilders in the U.S., together with its Raleigh division, today announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. Located within Greenfield Communities' 550-acre Serenity development in rapidly growing Northwest Harnett County just outside Fuquay-Varina, Altis at Serenity is expected to add an additional 425 homes to the anticipated total buildout of 1,210 reside ...

Tri Pointe Homes (TPH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The p ...

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style. Tri Pointe has a Value Score of A. The stock's ...

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 June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

Tri Pointe Homes, Inc. (NYSE:TPH) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants David Lee – General Counsel Doug Bauer – Chief Executive Officer Glenn Keeler – Chief Financial Officer Tom Mitchell – President and Chief Operating Officer Linda Mamet – Executive Vice President and Chief Marketing Officer Conference Call Participants Stephen Kim – Evercore ISI Mike Dahl – RBC Capital Alan Ratner – Zelman & Associates Carl Reichardt – BTIG Jay McCanless – Wedbush Securities Ale ...

Shares of Tri Pointe have returned +23.8% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Tri Pointe Homes (TPH) reported $1.13 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 38.3%. EPS of $1.25 for the same period compares to $0.60 a year ago. While investors closely watch year-over-year changes in headline nu ...

Return on Equity and Risk Profile Book Value Per Share Debt 14 Significant Land Supply to Fuel Growth Combined Lot Position As of June 30, 2024 Note: Dollars in thousands | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------|--------|-----------------|------------------|------------|-------------------|------------------|------------------------------| | Geography | Owned | Controlled (3) | Total Lots | % Owned | Inventory Dollars | LTM Deliveries | Implied Years of Supply (4) | | Ari ...

Carolinas comprises North Carolina and South Carolina. Washington D.C. Area comprises Maryland, Virginia and the District of Columbia. As of June 30, 2024 and December 31, 2023, lots controlled included lots that were under land option contracts or purchase contracts. As of June 30, 2024 and December 31, 2023, lots controlled for Central include 3,449 and 3,561 lots, respectively, and lots controlled for East include 47 and 71 lots, respectively, which represent our expected share of lots owned by our inves ...

Tri Pointe Homes (TPH) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Tri Pointe? Tri Pointe, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $1.13 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 7.86%. This compares to year-ago revenues of $819. ...

INCLINE VILLAGE, Nev., July 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the second quarter ended June 30, 2024. Results and Operational Data for Second Quarter 2024 and Comparisons to Second Quarter 2023 -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.6%- -Diluted Earnings Per Share of $1.25- -Increased Dollar Value of Backlog to $2.0 Billion- -Reduced Debt by $450 Million- -Homebuilding Debt-to-Capital Ratio Red ...