Investing In Tri Pointe Homes Inc. (NYSE: TPH): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Tri Pointe Homes Unveils Context at Oakhurst Featuring Model Homes Designed by Bobby Berk.

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Stocks Info

The company is listed on the NYSE and operates within the Residential Construction industry segment. The current market capitalization of Tri Pointe Homes Inc. is $3.42B. A total of 0.9 million shares were traded on the day, compared to an average of 1.07M shares.

In the most recent transaction, MITCHELL THOMAS J. sold 51,533 shares of TPH for 35.22 per share on Mar 13 ’24. After the transaction, the President and COO now owns 785,543 company shares. In a previous transaction on Aug 02 ’23, BURROWS LAWRENCE B. sold 7,677 shares at 31.48 per share. TPH shares that Director owns now total 86,891.

Among the insiders who sold shares, KEELER GLENN J. disposed of 21,413 shares on Jun 14 ’23 at a per-share price of $33.01. This resulted in the CFO and CAO holding 102,194 shares of TPH after the transaction. In another insider transaction, BAUER DOUGLAS F. sold 19,076 shares at $29.24 per share on May 03 ’23. Company shares held by the Chief Executive Officer now total 423,514.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, TPH has a high of $36.43 and a low of $24.11.

As of this writing, TPH has an earnings estimate of $0.76 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.67. The company reported an EPS of $0.76 in the last quarter, which was 33.30% higher than expectations of $0.57.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TPH’s latest balance sheet shows that the firm has $681.53M in Cash & Short Term Investments as of fiscal 2021. There were $1.41B in debt and $244.02M in liabilities at the time. Its Book Value Per Share was $31.52, while its Total Shareholder’s Equity was $2.45B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TPH is Buy with a score of 4.17.

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