"I am pleased to report another quarter of outstanding results, driven by our focus on expanding scale and efficiencies within our existing markets while building a foundation for future growth in our new markets," said Doug Bauer, Tri Pointe Homes Chief Executive Officer. "We delivered 1,700 homes, resulting in home sales revenue of $1.1 billion, a 38% increase compared to the previous year. This strong revenue growth, fueled by the 45% increase in deliveries, resulted in net income of $118 million and dil ...

Tri Pointe Homes (TPH) shares ended the last trading session 5.9% higher at $44.41. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% gain over the past four weeks. The stock might have got a boost on the expectation of potential interest rate cut in September, per the CME FedWatch tool. This home builder is expected to post quarterly earnings of $1.03 per share in its upcoming report, which represents a year-o ...

INCLINE VILLAGE, Nev., June 28, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH) announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, July 25, 2024. 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, E ...

About Tri Pointe Homes® Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participants. Interested parties can also listen to the call live and view the related slides on the internet under the Events & Presentations heading in the Investors section of the Company's website at www.TriPointeHomes.com. One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and t ...

According to our latest data, TPH has moved about 6.6% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 6.5% on a year-to-date basis. This means that Tri Pointe Homes is performing better than its sector in terms of year-to-date returns. Going forward, investors interested in Construction stocks should continue to pay close attention to Tri Pointe Homes and Advanced Drainage Systems as they could maintain their solid performance. For those looking to find strong Constru ...

For several years now, I have been very interested in the homebuilding market. My fascination in it stems from my formative days as an investor. I originally started doing my own investing after living through the housing collapse that began in 2007. In addition to that nostalgia, I find the dynamics of this market to be interesting. For multiple reasons I won't go into, and that you very likely know already, this country continues to face housing shortages year after year. Because of inflation, demand for ...

IRVINE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in the U.S., announced the promotion of Linda Mamet to Executive Vice President in addition to her Chief Marketing Officer role, as well as the appointment of Urmila Menon as the company's new Chief Information Officer. "We are thrilled to welcome Urmila to Tri Pointe Homes and are confident in her ability to build on our platforms, enhance operational excellence as we grow our scale, and offer e ...

"From day one, Linda's dedication to outstanding leadership and commitment to excellence has not only been a recipe for success at Tri Pointe Homes, but a source of inspiration and admiration for those who work alongside her," said Doug Bauer, CEO of Tri Pointe Homes. "Linda possesses a masterful understanding of how to operate and thrive in today's customer- and technology-driven world, and we could not be more pleased that she is expanding her leadership role as we look forward to a bright future for Tri ...

Within the Zacks Building Products - Home Builders industry, most of the industry players performed well this year. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters. Based on various parameters, let's check whether TPH or MHO is a more profitable stock. It is to be noted that both companies are almost neck and neck in terms of market cap. The company has been benefiting from solid homebu ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Tri Pointe Homes (TPH) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question. Tri Pointe Homes is a member of our Construction group, which includes 94 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank conside ...