Short interest for Tri Pointe Homes gives investors a sense of the degree to which investors are betting on the decline of Tri Pointe Homes's stock. Short interest data is updated every two weeks.

Tri Pointe Homes Stock (NYSE:TPH), Short Interest Report

Tri Pointe Homes

Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.

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Tri Pointe Homes, Inc.  (NYSE: TPH) reported upbeat earnings for its fourth quarter on Tuesday.

These Analysts Raise Their Forecasts On Tri Pointe Homes After Upbeat Results

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On CNBC’s &#34;Mad Money Lightning Round,&#34; Jim Cramer said  Tri Pointe Homes, Inc.  (NYSE: TPH) is &#34;still good.

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Tri Pointe Homes Inc

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Oppenheimer analyst Tyler Batory maintains Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Outperform and raises the price target from $41 to $46.

Oppenheimer Maintains Outperform on Tri Pointe Homes, Raises Price Target to $46

RBC Capital analyst Mike Dahl maintains Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Outperform and raises the price target from $38 to $42.

RBC Capital Maintains Outperform on Tri Pointe Homes, Raises Price Target to $42

Wedbush analyst Jay McCanless reiterates Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Neutral and maintains $35 price target.

Reiteration

Wedbush Reiterates Neutral on Tri Pointe Homes, Maintains $35 Price Target

Guidance

Tri Pointe Homes Sees Q2 Deliveries 1,500-1,600 Homes At Avg. Sales Price $670K-$680K

Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) reported quarterly earnings of $1.03 per share which beat the analyst consensus estimate of $0.76 by 35.53 percent. The company reported quarterly sales of $926.208 million which beat the analyst consensus estimate of $875.187 million by 5.83 percent. This is a 20.16 percent increase over sales of $770.785 million the same period last year.

Earnings Beats

Tri Pointe Homes Q1 2024 GAAP EPS $1.03 Beats $0.76 Estimate, Total Revenue $926.208M Beat $875.187M Estimate

General

Tri Pointe Homes Expands Premium Lifestyle Builder Footprint With New Divisions In Florida And The Coastal Carolinas

RBC Capital analyst Mike Dahl upgrades Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) from Sector Perform to Outperform and announces $38 price target.

Upgrades

RBC Capital Upgrades Tri Pointe Homes to Outperform, Announces $38 Price Target

Tri Pointe Homes, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tph#NYSE">TPH</a>) reported upbeat earnings for its <a href="https://www.benzinga.com/quote/TPH/earnings">fourth quarter on Tuesday</a>.
Tri Pointe Homes posted quarterly earnings of $1.36 per share, versus market estimates of $1.18 per share. The company&rsquo;s quarterly sales came in at $1.24 billion compared to expectations of $1.19 billion.
&ldquo;2023 proved to be another strong year for Tri Pointe Homes, capped off by a successful fourth quarter, during which we reported home sales revenue of $1.2 billion, homebuilding gross margin percentage of 22.9%, and diluted earnings per share of $1.36,&rdquo; said Doug Bauer, Tri Pointe Homes Chief Executive Officer. &ldquo;The strong finish to the year was accompanied by a 143% increase in net new home orders for the quarter, which led to a 40% increase for the full year. We ended the year with 155 active selling communities, which was a 14% increase over the prior year. Based on our strong land pipeline with approximately 32,000 owned or controlled lots, we expect to grow our community count by another 10% by the end of 2025.&rdquo;
Tri Pointe Homes shares gained 1.6% to trade at $35.34 on Wednesday.
These analysts made changes to their price targets on Tri Pointe Homes after the company reported quarterly results.
<ul>
<li>Wedbush raised the price target on Tri Pointe Homes from $32 to $35. Wedbush analyst Jay McCanless maintained a Neutral rating.</li>
<li>RBC Capital boosted the price target on Tri Pointe Homes from $35 to $38. RBC Capital analyst Mike Dahl maintained a Sector Perform rating.</li>
</ul>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
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<li>Telsey Advisory Group raised the price target for Walmart Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>) from $185 to $205. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating. Walmart shares fell 1.1% to trade&nbsp;at $173.88 on Wednesday. <a href="https://www.benzinga.com/quote/WMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Benchmark boosted UFP Industries, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ufpi#NASDAQ">UFPI</a>) price target from $120 to $137. Benchmark analyst Reuben Garner maintained a Buy rating. UFP Industries shares fell 0.2% to trade at $109.83 on Wednesday. <a href="https://www.benzinga.com/quote/UFPI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Scotiabank cut the price target for SolarEdge Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sedg#NASDAQ">SEDG</a>) from $93 to $90. Scotiabank analyst Tristan Richardson maintained a Sector Perform rating. SolarEdge shares fell 11.8% to trade at $74.44 on Wednesday. <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JMP Securities raised Skyward Specialty Insurance Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skwd#NASDAQ">SKWD</a>) price target from $38 to $40. JMP Securities analyst Matthew Carletti maintained a Market Outperform rating. Skyward Specialty Insurance shares fell 3.6% to trade at $33.44 on Wednesday. <a href="https://www.benzinga.com/quote/SKWD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham increased the price target for LivaNova PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/livn#NASDAQ">LIVN</a>) from $62 to $72. Needham analyst Mike Matson maintained a Buy rating. LivaNova shares gained 6.8% to trade at $56.15 on Wednesday. <a href="https://www.benzinga.com/quote/LIVN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital cut the price target for Teladoc Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tdoc#NYSE">TDOC</a>) from $30 to $25. RBC Capital analyst Sean Dodge maintained an Outperform rating. Teladoc Health shares fell 25% to trade at $15.37 on Wednesday. <a href="https://www.benzinga.com/quote/TDOC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald cut Palo Alto Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/panw#NASDAQ">PANW</a>) price target from $400 to $350. Cantor Fitzgerald analyst Yi Fu Lee maintained an Overweight rating. Palo Alto Networks shares dipped 27% to trade at $267.06 on Wednesday. <a href="https://www.benzinga.com/quote/PANW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity increased The Middleby Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/midd#NASDAQ">MIDD</a>) price target from $164 to $166. Canaccord Genuity analyst Brian McNamara maintained a Buy rating. Middleby shares gained 1.2% to trade at $150.01 on Wednesday. <a href="https://www.benzinga.com/quote/MIDD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush boosted Tri Pointe Homes, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tph#NYSE">TPH</a>) price target from $32 to $35. Wedbush analyst Jay McCanless maintained a Neutral rating. Tri Pointe Homes shares gained 1.7% to trade at $35.36 on Wednesday. <a href="https://www.benzinga.com/quote/TPH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. cut Bicycle Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcyc#NASDAQ">BCYC</a>) price target from $57 to $55. HC Wainwright &amp; Co. analyst Swayampakula Ramakanth maintained a Buy rating. Bicycle Therapeutics shares rose 4.9% to trade at $23.80 on Wednesday. <a href="https://www.benzinga.com/quote/BCYC/analyst-ratings">See how other analysts view this stock</a>.</li>
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Wedbush has decided to maintain its Neutral rating of Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) and raise its price target from $32.00 to $35.00.
Shares of Tri Pointe Homes are trading up 3.71% over the last 24 hours, at $36.07 per share.
A move to $35.00 would account for a 2.97% decline from the current share price.
<h3>About Tri Pointe Homes</h3>
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wedbush Maintains Neutral Rating for Tri Pointe Homes: Here's What You Need To Know

RBC Capital analyst Mike Dahl maintains Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Sector Perform and raises the price target from $35 to $38.

RBC Capital Maintains Sector Perform on Tri Pointe Homes, Raises Price Target to $38

Wedbush analyst Jay McCanless maintains Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Neutral and raises the price target from $32 to $35.

Wedbush Maintains Neutral on Tri Pointe Homes, Raises Price Target to $35

Wedbush analyst Jay McCanless reiterates Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) with a Neutral and maintains $32 price target.

Wedbush Reiterates Neutral on Tri Pointe Homes, Maintains $32 Price Target

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Earnings Scheduled For February 20, 2024

Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) reported its Q4 earnings results on Tuesday, February 20, 2024 at 06:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Tri Pointe Homes beat estimated earnings by 15.25%, reporting an EPS of $1.36 versus an estimate of $1.18.
Revenue was down $262.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.19 which was followed by a 1.97% drop in the share price the next day.
Here's a look at Tri Pointe Homes's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.57</td>
<td>0.58</td>
<td>0.41</td>
<td>1.57</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.76</td>
<td>0.60</td>
<td>0.73</td>
<td>1.98</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>758.92M</td>
<td>705.59M</td>
<td>585.83M</td>
<td>1.26B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>825.29M</td>
<td>826.96M</td>
<td>770.78M</td>
<td>1.51B</td>
</tr>
</tbody>
</table>

To track all earnings releases for Tri Pointe Homes <a href="https://www.benzinga.com/quote/TPH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Tri Pointe Homes Q4 Earnings

<ul>
<li>Net new home orders of 1,078 compared to 444, an increase of&nbsp;143%</li>
<li>Active selling communities averaged 159.3 compared to 136.8, an increase of&nbsp;16%
<ul>
<li>Net new home orders per average selling community increased by&nbsp;109%&nbsp;to 6.8 orders (2.3 monthly) compared to 3.2 orders (1.1 monthly)</li>
<li>Cancellation rate of&nbsp;12%&nbsp;compared to&nbsp;42%</li>
</ul>
</li>
<li>Backlog units at quarter end of 2,320 homes compared to 1,472, an increase of&nbsp;58%
<ul>
<li>Dollar value of backlog at quarter end of&nbsp;$1.6 billion&nbsp;compared to&nbsp;$1.2 billion, an increase of&nbsp;38%</li>
<li>Average sales price in backlog at quarter end of&nbsp;$695,000&nbsp;compared to&nbsp;$791,000, a decrease of&nbsp;12%</li>
</ul>
</li>
</ul>

Tri Pointe Homes Q4 Net New Home Orders Increased 143% YoY To 1,078; Backlog Units Increased 58% To 2,320

Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) reported quarterly earnings of $1.36 per share which beat the analyst consensus estimate of $1.18 by 15.25 percent. This is a 31.31 percent decrease over earnings of $1.98 per share from the same period last year. The company reported quarterly sales of $1.24 billion which beat the analyst consensus estimate of $1.19 billion by 4.45 percent. This is a 17.46 percent decrease over sales of $1.51 billion the same period last year.

Tri Pointe Homes Q4 EPS $1.36 Beats $1.18 Estimate, Sales $1.24B Beat $1.19B Estimate

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Shares of several companies in the broader consumer discretionary sector are trading lower after January CPI data showed a greater-than-expected rise in inflation.

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Shares of housing stocks and homebuilders are trading lower in sympathy with D.R. Horton, which reported mixed Q1 results.

Buybacks

Tri Pointe Homes Approved A New Stock Repurchase Program Worth Up To $250M Through December 31, 2024, Replacing The February 2023 Program

A Hawkish Pivot

Baron Real Estate Income Fund Q1 2024 Shareholder Letter

Tri Pointe Homes Q1 2024 Earnings Preview

Tri Pointe Homes beats top-line and bottom-line estimates; initiates Q2 and updates FY24 outlook

Wedbush analyst Jay McCanless maintained a Hold rating on Tri Pointe (TPH – Research Report) today and set a price target of $35.00. The company's ...

Wedbush Remains a Hold on Tri Pointe (TPH)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Tri Pointe Homes (NYSE:<a href="https://investorplace.com/stock-quotes/tph-stock-quote/">TPH</a>) just reported results for the first quarter of 2024.<ul><li>Tri Pointe Homes reported earnings per share of $1.03. This was above the analyst estimate for EPS of 76 cents.</li><li>The company reported revenue of $926.21 million.</li><li>This was 5.83% better than the analyst estimate for revenue of $875.19 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/tph-stock-earnings-tri-pointe-homes-for-q1-of-2024/">TPH Stock Earnings: Tri Pointe Homes Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TPH Stock Earnings: Tri Pointe Homes Beats EPS, Beats Revenue for Q1 2024

Tri Pointe Homes, Inc. 2024 Q1 - Results - Earnings Call Presentation

Tri Pointe Homes, Inc. (TPH) Q1 2024 Earnings Call Transcript

After Seeing Strong Upside, Century Communities Deserves To See More

In a report released yesterday, Michael Dahl from RBC Capital maintained a Buy rating on Tri Pointe (TPH – Research Report), with a price target of...

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Tri Pointe Homes Stock (NYSE:TPH), Short Interest Report

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