During the last session, Tri Pointe Homes Inc (NYSE:TPH)’s traded shares were 0.79 million, with the beta value of the company hitting 1.23. At the end of the trading day, the stock’s price was $34.09, reflecting an intraday loss of -0.99% or -$0.34. The 52-week high for the TPH share is $47.78, that puts it down -40.16 from that peak though still a striking 18.16% gain since the share price plummeted to a 52-week low of $27.90. The company’s market capitalization is $3.09B, and the average intraday trading volume over the past 10 days was 1.08 million shares, and the average trade volume was 1.02 million shares over the past three months.
Tri Pointe Homes Inc (TPH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. TPH has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Tri Pointe Homes Inc (NYSE:TPH) trade information
Tri Pointe Homes Inc (TPH) registered a -0.99% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.99% in intraday trading to $34.09, hitting a weekly high. The stock’s 5-day price performance is 3.37%, and it has moved by 7.85% in 30 days. Based on these gigs, the overall price performance for the year is -5.98%. The short interest in Tri Pointe Homes Inc (NYSE:TPH) is 3.58 million shares and it means that shorts have 4.08 day(s) to cover.
The consensus price target of analysts on Wall Street is $42, which implies an increase of 18.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $41 and $43 respectively. As a result, TPH is trading at a discount of -26.14% off the target high and -20.27% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.92%. While earnings are projected to return -37.12% in 2025.
TPH Dividends
Tri Pointe Homes Inc is due to release its next quarterly earnings on 2025-Apr-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Tri Pointe Homes Inc (NYSE:TPH)’s Major holders
Tri Pointe Homes Inc insiders own 2.62% of total outstanding shares while institutional holders control 100.39%, with the float percentage being 103.09%. BLACKROCK INC. is the largest shareholder of the company, while 478.0 institutions own stock in it. As of 2024-06-30, the company held over 16.98 million shares (or 18.0497% of all shares), a total value of $632.41 million in shares.
The next largest institutional holding, with 11.45 million shares, is of VANGUARD GROUP INC’s that is approximately 12.1699% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $426.4 million.
