TRI Pointe Group (TPH) Earns Daily News Sentiment Rating of 0.37
News headlines about TRI Pointe Group (NYSE:TPH) have trended positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TRI Pointe Group earned a news sentiment score of 0.37 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 45.6781957108463 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
TRI Pointe Group (TPH) traded down $0.35 during mid-day trading on Monday, reaching $17.82. 909,679 shares of the company traded hands, compared to its average volume of 1,923,241. TRI Pointe Group has a 1 year low of $11.31 and a 1 year high of $18.46. The stock has a market cap of $2,680.00, a P/E ratio of 16.20, a price-to-earnings-growth ratio of 1.21 and a beta of 1.74. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.43 and a current ratio of 0.43.
TRI Pointe Group (NYSE:TPH) last released its quarterly earnings results on Wednesday, October 25th. The construction company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. TRI Pointe Group had a net margin of 6.97% and a return on equity of 9.32%. The firm had revenue of $717.40 million during the quarter, compared to the consensus estimate of $706.65 million. During the same quarter in the prior year, the firm earned $0.22 EPS. TRI Pointe Group’s revenue for the quarter was up 24.0% on a year-over-year basis. research analysts anticipate that TRI Pointe Group will post 1.37 EPS for the current year.
Several research analysts have recently issued reports on TPH shares. Gabelli upped their target price on shares of TRI Pointe Group from $19.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, October 26th. ValuEngine upgraded shares of TRI Pointe Group from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. B. Riley restated a “buy” rating on shares of TRI Pointe Group in a report on Wednesday, November 1st. FBR & Co restated a “buy” rating and issued a $20.00 target price on shares of TRI Pointe Group in a report on Thursday, October 26th. Finally, Barclays set a $17.00 price target on shares of TRI Pointe Group and gave the company a “hold” rating in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $17.00.
In other TRI Pointe Group news, CFO Michael D. Grubbs sold 300,000 shares of the company’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $15.02, for a total transaction of $4,506,000.00. Following the completion of the transaction, the chief financial officer now owns 163,828 shares in the company, valued at approximately $2,460,696.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas J. Mitchell sold 291,039 shares of the company’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $17.04, for a total transaction of $4,959,304.56. Following the transaction, the insider now owns 274,312 shares of the company’s stock, valued at approximately $4,674,276.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 913,459 shares of company stock valued at $15,111,927. 2.20% of the stock is owned by insiders.
TRI Pointe Group Company Profile
TRI Pointe Group, Inc is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia.
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