Tri Pointe Homes Inc (TPH) |
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Price: $34.1900
$-0.03
-0.088%
|
Day's High:
| $34.87
| Week Perf:
| -0.06 %
|
Day's Low: |
$ 33.76 |
30 Day Perf: |
-4.95 % |
Volume (M): |
1,654 |
52 Wk High: |
$ 36.43 |
Volume (M$): |
$ 56,561 |
52 Wk Avg: |
$30.55 |
Open: |
$34.87 |
52 Wk Low: |
$24.11 |
|
|
Market Capitalization (Millions $) |
3,406 |
Shares
Outstanding (Millions) |
100 |
Employees |
1,036 |
Revenues (TTM) (Millions $) |
4,168 |
Net Income (TTM) (Millions $) |
349 |
Cash Flow (TTM) (Millions $) |
-21 |
Capital Exp. (TTM) (Millions $) |
25 |
Tri Pointe Homes Inc
we have grown from a Southern California fee homebuilder into a regionally
focused national homebuilder with a portfolio of the following six quality homebuilding
brands operating in ten markets across eight states:
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.
Our growth strategy is to capitalize on high demand in selected "core"
markets with favorable population and employment growth as a result of proximity
to job centers or primary transportation corridors.
We believe the following strengths provide us with a significant competitive
advantage in implementing our business strategy:
Douglas Bauer, our Chief Executive Officer, Thomas Mitchell, our President
and Chief Operating Officer, and Michael Grubbs, our Chief Financial Officer,
have worked together for over 25 years and have a successful track record of
managing and growing a public homebuilding company. Spanning over a century,
their combined real estate industry experience includes land acquisition, financing,
entitlement, development, construction, marketing and sales of single-family
detached and attached homes in communities in a variety of markets. In addition,
each of the presidents of our homebuilding subsidiaries has substantial industry
knowledge and local market expertise. The average homebuilding experience of
these presidents exceeds 20 years. We believe that our management teams prior
experience, extensive relationships and strong local reputation provide us with
a competitive advantage in securing projects, obtaining entitlements, building
quality homes and completing projects within budget and on schedule.
Our business is well-positioned to capitalize on the broader national housing
market recovery. We are focused on the design, construction and sale of innovative
single-family detached and attached homes in major metropolitan areas in California,
Colorado, Houston and Austin, Phoenix and Tucson, Las Vegas, the Washington,
D.C. metro area and the Puget Sound region of Washington State. These markets
are generally characterized by high job growth and increasing populations, creating
strong demand for new housing. We believe they represent attractive homebuilding
markets with opportunities for long-term growth and that we have strong land
positions strategically located within these markets. Moreover, our management
team has deep local market knowledge of the homebuilding and development industries.
We believe this experience and strong relationships with local market participants
enable us to source, acquire, and entitle land efficiently.
Community Development
In California, we typically develop community phases based upon projected sales,
and we construct homes in each phase whether or not they have been pre-sold.
We have the ability to control the timing of construction of subsequent phases
in the same community based on sales activity in the prior phase, market conditions
and other factors. We also will attempt to delay much of the customization of
a home until a qualified homebuyer has been approved, so as to enable the homebuyer
to tailor the home to that homebuyers specifications; however, we will complete
the build out of any unsold homes in a particular phase when deemed appropriate
for marketing purposes of such home. In our other regions, we typically develop
communities on a lot by lot basis driven by sales demand.
The design of our homes is limited by factors such as zoning requirements,
building codes and energy efficiency laws. As a result, we contract with a number
of architects and other consultants in connection with the design process.
Substantially all of our construction work is done by subcontractors with us
acting as the general contractor. We also enter into contracts as needed with
design professionals and other service providers who are familiar with local
market conditions and requirements. We do not have long-term contractual commitments
with our subcontractors, suppliers or laborers. We maintain strong and long-standing
relationships with many of our subcontractors. We believe that our relationships
have been enhanced through both maintaining our schedules and making timely
payment to our subcontractors. By dealing fairly with our key subcontractors,
we are able to keep them attentive to our projects.
Company Address: 940 Southwood Blvd Incline Village 89451 NV
Company Phone Number: 413-1030 Stock Exchange / Ticker: NYSE TPH
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Customers Net Income fell by |
TPH's Customers Net Profit Margin fell to |
-46.02 % |
10.87 %
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Stock Performances by Major Competitors |
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Product Service News
Published Wed, Mar 6 2024 11:00 AM UTC
Tri Pointe Homes Unveils Context at Oakhurst Featuring Model Homes Designed by Bobby BerkTri Pointe Homes, Inc. (NYSE: TPH), a prominent homebuilder in the United States, has recently announced the opening of Context at Oakhurst, a new neighborhood comprising approximately 120 homes in Charlotte, North Carolina. This development not only showcases Tri Pointe Homes' commitmen...
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Tri Pointe Homes Inc
Despite the recent downturn in earnings and revenue for the Construction Services company in the fourth quarter of 2023, there are still plenty of reasons to be bullish on the industry as a whole, especially when looking at the positive performance of Tri Pointe Homes Inc. Tri Pointe Homes Inc, a national homebuilder, has defied the industry trend with impressive growth in revenue and earnings per share in the fourth quarter of 2023. Despite the seasonal nature of the business, the company has managed to increase its net profits and maintain a strong operating margin. In fact, Tri Pointe Homes Inc reported a 81.91% growth in EPS and 53.928% growth in revenue from the prior fiscal period, showcasing its resilience and ability to adapt to changing market conditions.
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Product Service News
Published Wed, Jan 17 2024 11:00 AM UTC
Tri Pointe Homes, a national homebuilder, has recently introduced a new customer experience application aimed at providing comprehensive support for its homebuyers. The platform offers a range of features, including updates on construction progress, an appointment calendar, document management, and chat messaging capabilities.The company's decision to create a dedicated com...
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Shares
Published Thu, Dec 21 2023 11:01 AM UTC
Tri Pointe Homes, Inc. Initiates $250 Million Stock Repurchase Program INCLINE VILLAGE, Nev., Dec. 21, 2023 - Tri Pointe Homes, Inc. (NYSE:TPH), a renowned home construction company, announced today that its Board of Directors has approved a new stock repurchase program. Under this program, the company plans to repurchase up to $250 million of common stock by December 31...
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Tri Pointe Homes Inc
As a contributor to the , I aim to provide readers with balanced and insightful analysis of corporate financial performance. In this article, we will delve into Tri Pointe Homes Inc's latest financial results, exploring the reasons behind the significant changes and assessing the future outlook for the company. Tri Pointe Homes Inc, a prominent player in the construction services industry, experienced a turbulent quarter for the July to September 30, 2023 time-frame. Earnings per share plummeted by a concerning -47.59%, dropping to $0.76 from $1.45 in the corresponding period a year ago. This decline may raise alarm bells for investors, as a substantial reduction in earnings per share indicates a potential decrease in profitability.
|
Per Share |
Current |
Earnings (TTM) |
3.47 $ |
Revenues (TTM) |
41.84 $
|
Cash Flow (TTM) |
- |
Cash |
8.72 $
|
Book Value |
30.25 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
3.47 $
|
Revenues (TTM) |
41.84 $ |
Cash Flow (TTM) |
- |
Cash |
8.72 $
|
Book Value |
30.25 $ |
Dividend (TTM) |
0 $ |
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