Impact of Brokerage Rating on TRI Pointe Group, Inc.(TPH)

Many TRI Pointe Group, Inc.(TPH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. TRI Pointe Group Inc was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $14.

Company has reported several Insider transactions to the SEC, on Jul 2, 2015, Douglas F. Bauer (Chief Executive Officer) sold 80,000 shares at 15.20 per share price.On Jul 2, 2015, Michael D. Grubbs (CFO and Treasurer) sold 45,000 shares at 15.22 per share price.On Jun 26, 2015, Thomas J. Mitchell (President, COO and Secretary) sold 25,000 shares at 16.00 per share price.

TRI Pointe Group Inc Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.23. The company had revenue of $581.79 million for the quarter, compared to analysts expectations of $557.83 million. The companys revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.

TRI Pointe Group, Inc. (NYSE:TPH) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.33 by 6 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.

TRI Pointe Group, Inc. (NYSE:TPH): The stock price is expected to reach $ 16.08 in the short term. The number of analysts agreeing with this consensus is 6. The higher estimate for the short term price target is at $18 while the lower estimate is at $13. The standard deviation of the price stands at $2.01.

TRI Pointe Group, Inc. (NYSE:TPH) witnessed a decline in the market cap on Tuesday as its shares dropped 1.54% or 0.19 points. After the session commenced at $12.24, the stock reached the higher end at $12.3 while it hit a low of $12.06. With the volume soaring to 1,344,148 shares, the last trade was called at $12.13. The company has a 52-week high of $14.2. The company has a market cap of $1,942 million and there are 160,064,680 shares in outstanding. The 52-week low of the share price is $9.27.

TRI Pointe Group, Inc. is involved in the design, construction and sale of single-family homes. The companys operating portfolio includes Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia. TRI Pointe Group, Inc., formerly known as Tri Pointe Homes, Inc., is headquartered in Irvine, California.


For any feedback and suggestions contact author at

Add Comment