TRI Pointe Group (TPH) Earns Media Sentiment Score of 0.39

Media headlines about TRI Pointe Group (NYSE:TPH) have been trending positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TRI Pointe Group earned a coverage optimism score of 0.39 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 45.5161800430764 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of TRI Pointe Group (NYSE:TPH) opened at $16.23 on Monday. The company has a market capitalization of $2,454.17, a price-to-earnings ratio of 13.20, a P/E/G ratio of 0.82 and a beta of 1.56. TRI Pointe Group has a fifty-two week low of $12.01 and a fifty-two week high of $19.55. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.76.

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TRI Pointe Group (NYSE:TPH) last issued its quarterly earnings results on Tuesday, February 20th. The construction company reported $0.70 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.06. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.11 billion. TRI Pointe Group had a return on equity of 11.89% and a net margin of 6.66%. TRI Pointe Group’s quarterly revenue was up 45.7% compared to the same quarter last year. During the same period last year, the company posted $0.36 earnings per share. analysts anticipate that TRI Pointe Group will post 1.8 EPS for the current fiscal year.

TRI Pointe Group announced that its Board of Directors has approved a share buyback program on Tuesday, February 20th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

TPH has been the topic of several analyst reports. Zacks Investment Research cut TRI Pointe Group from a “buy” rating to a “hold” rating and set a $20.00 target price on the stock. in a research report on Friday, January 5th. Barclays raised TRI Pointe Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $17.00 to $21.00 in a research report on Friday, January 5th. ValuEngine raised TRI Pointe Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Finally, Wedbush lifted their target price on TRI Pointe Group from $19.00 to $21.00 and gave the company an “outperform” rating in a research report on Friday, December 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $18.88.

In other TRI Pointe Group news, insider Thomas J. Mitchell sold 150,822 shares of the business’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $18.83, for a total value of $2,839,978.26. Following the sale, the insider now directly owns 274,312 shares in the company, valued at $5,165,294.96. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Douglas F. Bauer sold 75,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $18.04, for a total value of $1,353,000.00. Following the completion of the sale, the chief executive officer now owns 289,313 shares in the company, valued at $5,219,206.52. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

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TRI Pointe Group Company Profile

TRI Pointe Group, Inc engages in the design, construction, and sale of single-family detached and attached homes in the United States. It operates a portfolio of six brands across eight states, including 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.

Insider Buying and Selling by Quarter for TRI Pointe Group (NYSE:TPH)

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