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Tri Pointe Homes Inc   (TPH)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
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
   


Customers Net Income fell by TPH's Customers Net Profit Margin fell to

-46.02 %

10.87 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DHI   -2.01%    
KBH   -3.32%    
LEN   -5.64%    
MDC        0.1% 
NVR   -1.19%    
PHM   -1.77%    
• View Complete Report
   



Product Service News

Tri Pointe Homes Collaborates with Bobby Berk to Unveil Context at Oakhurst, Showcasing Innovative Design and Promising Market Share Growth

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...

Tri Pointe Homes Inc

Tri Pointe Homes Inc Shines Bright Despite Industry Downturn

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.

Product Service News

Tri Pointe Homes Launches Customer Experience Application to Enhance Homebuyer Satisfaction

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...

Shares

Tri Pointe Homes Inc. Empowers Shareholders with $250 Million Stock Repurchase Program

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...

Tri Pointe Homes Inc

Tri Pointe Homes Inc Faces an Alarming -26.101% Plunge in Revenue, Concluding Their Fiscal Year on September 30, 2023


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.






 

Tri Pointe Homes Inc's Segments
 
 
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  Revenue Outlook
Tri Pointe Homes Inc does not provide revenue guidance.

Earnings Outlook
Tri Pointe Homes Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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