TRI Pointe Group (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 1.29 by 7 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Susquehanna initiates coverage on TRI Pointe Group (NYSE:TPH) The brokerage firm has issued a Positive rating on the shares. The rating by the firm was issued on March 30, 2016.
TRI Pointe Group (NYSE:TPH): 6 analysts have set the short term price target of TRI Pointe Group (NYSE:TPH) at $14.92. The standard deviation of short term price target has been estimated at $1.91, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 17 and $13 respectively.
TRI Pointe Group (NYSE:TPH) witnessed a decline in the market cap on Tuesday as its shares dropped 0.58% or 0.07 points. After the session commenced at $12.18, the stock reached the higher end at $12.25 while it hit a low of $11.79. With the volume soaring to 1,478,810 shares, the last trade was called at $11.99. The company has a 52-week high of $16.15. The company has a market cap of $1,943 million and there are 162,048,090 shares in outstanding. The 52-week low of the share price is $8.83.
Shares of TRI Pointe Group, Inc. rose by 4.08% in the last five trading days and 8.31% for the last 4 weeks. TRI Pointe Group, Inc. is up 2.74% in the last 3-month period. Year-to-Date the stock performance stands at -5.37%.
TRI Pointe Group, Inc., formerly Tri Pointe Homes, Inc., is engaged in the design, construction and sale of single-family homes. The Companys operations are organized into six segments: Maracay, consisting of operations in Arizona; Pardee, consisting of operations in California and Nevada; Quadrant, consisting of operations in Washington; Trendmaker, consisting of operations in Texas; TRI Pointe, consisting of operations in California and Colorado, and Winchester, consisting of operations in Maryland and Virginia. The Company operates approximately 108 communities and 29,718 lots owned or controlled. The Company sells its homes through its own sales representatives and through independent real estate brokers.