|Bid||0.00 x 800|
|Ask||0.00 x 4000|
|Day's Range||12.31 - 12.82|
|52 Week Range||10.37 - 18.48|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||7.03|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.67|
The homebuilder's purchase completes an assemblage of land in the southeast Valley that spans more than 230 acres.
TRI Pointe Group (TPH), one of the top 10 largest public homebuilders in the United States based on equity market capitalization, announced today that Linda Mamet has been named Chief Marketing Officer. The promotion of the seasoned and multi-faceted sales and marketing professional reinforces TRI Pointe Group’s mission to grow and expand the markets across the company’s six regional homebuilding brands while staying on the forefront of design, innovation and the customer experience. In her role as Vice President of Corporate Marketing for the past five years, Mamet spearheaded TRI Pointe Group’s sales and marketing strategy, premium brand management, marketing communications, advertising, public relations, market research, product and merchandise management, sales management, company websites and other customer-facing technology platforms, just to name a few.
TRI Pointe Group Inc NYSE:TPHView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderately high for TPH with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 25. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding TPH are favorable, with net inflows of $3.36 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, March 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Homebuilder and housing stocks were hammered in 2018, particularly in the second half of the year. Concerns about new home construction started the declines in the summer. Broad market declines in the fourth quarter only added to the pressure. Indeed, the iShares U.S. Home Construction ETF (BATS:ITB) dropped some 31% last year. And I argued late last year that the declines had gone too far. In October -- a bit early -- I called out six housing stocks for investors looking to time the bottom. ITB was my pick for the Best ETFs of 2019ITB has rallied in 2019, gaining some 17%. Other housing stocks -- including the biggest of the homebuilder stocks, Lennar (NYSE:LEN) -- have done even better. But there could be more upside ahead. Housing starts data have been somewhat disappointing of late, but remodel & renovation demand continues to be strong. And most of the sector's stocks still sit below 2018 highs.There are risks, admittedly. The gains this year have made valuations less compelling than they were toward the end of 2018. More macro jitters in the broad market could pressure housing stocks. And there are some concerns relative to margins as tariffs have raised certain input costs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Best Stocks to Buy on U.S.-China Trade Optimism For now, however, the risks seem worth taking. And these five stocks could be the biggest winners if housing and construction stocks continue to rally. TRI Pointe Group (TPH)Source: Shutterstock Homebuilder stocks have rallied, as noted, which has moved valuations from close to ridiculous to simply cheap. TRI Pointe Group (NYSE:TPH) has joined the gains, rising 19% so far this year.But there's still a case for nice upside here. TRI Pointe has exposure to some of the better markets in the U.S., including Arizona, California, Texas, and Colorado. Fourth quarter results this week were solid, if unspectacular - but guidance still suggests TPH is trading at something like 8x 2019 EPS. The stock even trades at a modest discount to book - a rare occurrence.Like other homebuilder stocks, TPH has risks. But strong geographic markets and higher price points (the company is guiding for an average sales price of $610-$620K in 2019) drive exposure to the stronger areas of the housing market. As long as the economy cooperates, TPH should keep moving higher as the year rolls on. Trex (TREX)Source: Shutterstock There are few growth stocks in the construction space, but Trex (NYSE:TREX) is one of them. The company's namesake composite decking product has seen huge market share growth, leading TREX stock to nearly quadruple over the past five years. And the innovative product should drive more growth in years ahead while the company adds on ancillary products like lighting and landscaping accessories.TREX stock isn't cheap, trading at nearly 27x 2020 EPS estimates. But revenue growth should continue to be around 10%, with EPS growth in the mid-teens. International markets and new products can drive longer-term demand. * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy TREX stock is unique in the industry, considering its valuation, but for good reason … Anyone who has worked with Trex products knows they're an improvement on traditional wood offerings - and that should drive growth for many years to come, as well as upside in TREX stock. Universal Forest Products (UFPI)Source: Shutterstock Wood products manufacturer Universal Forest Products (NASDAQ:UFPI) competes with Trex in composites but still focuses primarily on traditional wood offerings.It's been a wonderful business: UFPI has returned over 10% a year since its 1993 initial public offering (IPO). And while UFPI came down amid residential housing concerns last year, it actually has a nicely diversified business. The company's exposure to the industrial sector is growing through its concrete forming offering. Home Depot (NYSE:HD) generates nearly 19% of total sales, most of which obviously are in the less-cyclical repair and remodel category.UFPI, too, has rallied, bouncing 30% off December lows. But there's another 25% to go to get back to 2018 highs and the stock trades at a reasonable 10.5x forward earnings. A lightly leveraged balance sheet means UFPI can look to M&A to drive further growth going forward.UFPI stock probably isn't the most compelling stock in the sector, particularly back above $31. But there's a nice case here that the next few years could be like the last 25 -- with Universal Forest Products stock delivering above-market returns. GMS (GMS)Source: Shutterstock I've recommended drywall distributor GMS (NYSE:GMS) a few times, including in October, and I own a stake in the stock as well. It's been rough going for the stock, which still is down 37% over the past year. High leverage and worries about margins have continued to pressure GMS shares.But those factors also mean there's a lot more potential upside even after a 48% gain from December lows. GMS remains seriously cheap, at 6x forward earnings and under 7x EBITDA. Margin concerns seem overblown, as in recent quarters GMS has managed through price hikes from suppliers, tariff issues, and rising input costs (notably for its steel framing business) - and yet has kept gross margins reasonably intact.There are risks here. Last year's acquisition of WSB Titan gave GMS increased exposure to Canada where housing market concerns are more significant. The leverage on the balance sheet can be an anchor on the stock, as it was for much of 2018. * Build Something With These 5 Homebuilder ETFs But $20 remains far too cheap even with those risks. And so I still think GMS is the most attractive play in the space. Armstrong Flooring (AFI)Source: Shutterstock Small-cap Armstrong Flooring (NYSE:AFI) has been volatile since its spinoff from Armstrong World Industries (NYSE:AWI) back in 2016. But there are reasons to see a recent bounce continuing.The company sold its wood flooring business in November, which drove a 12%+ increase in AFI stock. The move brought in cash to pay down debt, strengthening the balance sheet. An associated cost reduction plan should help earnings, and the move allows Armstrong to focus on higher-growth products like luxury vinyl tile (LVT).More work is needed, and this is a bit of a turnaround story. P/E multiples don't look particularly attractive (AFI stock trades at almost 25x 2019 consensus EPS), but thin margins should drive growth and improve the valuation from that standpoint. Q4 earnings next week could be a catalyst but expectations have risen as the stock has gained 25% so far this year.Still, there's an intriguing case here, and definite room for improvement. LVT clearly is a growth product, and it could drive stronger results in 2019 and beyond. AFI might be nicer at a cheaper price, but below $15 it's still quite attractive.As of this writing, Vince Martin is long shares of GMS Inc. He has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 5 STARS Stocks That Continue to Define the Future * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio * 5 Real Estate Stocks to Buy for Dividend Income Compare Brokers The post 5 Housing Stocks to Buy for Renewed Homebuilder Confidence appeared first on InvestorPlace.
IRVINE, Calif., Feb. 26, 2019 -- TRI Pointe Group, Inc. (the “Company”) (NYSE: TPH) today announced results for the fourth quarter ended December 31, 2018 and full year 2018..
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! This article is written for those who want to getRead More...
TRI Pointe Group (TPH), one of the top 10 largest public homebuilders in the United States based on equity market capitalization, announced today that TRI Pointe Assurance is launching new escrow closing services and expanding its title insurance services across TRI Pointe Group’s homebuilder brands. To oversee the multi-state operation of closing services for new homebuyers, TRI Pointe Assurance has named Jill Kayser as vice president of title and escrow services.
TRI Pointe Group, Inc. (NYSE:TPH) is a small-cap stock with a market capitalization of US$1.8b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, Read More...
Contemporary Townhome Models Will Be Unveiled on February 9 & 10 at Metro-Accessible Rockville Community ROCKVILLE, Md. , Jan. 24, 2019 /PRNewswire/ -- Winchester Homes will host a Grand Opening celebration ...
IRVINE, Calif., Jan. 23, 2019 -- TRI Pointe Group, Inc. (NYSE: TPH) announced today that it will release its financial results for the fourth quarter and full year 2018 before.
TRI Pointe Group, Inc. (NYSE:TPH), which is in the consumer durables business, and is based in United States, saw a decent share price growth in the teens level on the Read More...
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Tri Pointe Group Inc (NYSE:TPH) based on […]
Homebuilder Dunhill Homes and its 55-and-up brand Nathan Carlisle Homes will both operate under the Trendmaker Homes banner starting in January.
NEW YORK, Dec. 10, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Denver-based TRI Pointe Homes (NYSE: TPH) acquired 154 lots in Douglas County to build for-sale homes, in both Sterling Ranch and Parker. "Located midway between Colorado’s two biggest cities, Denver and Colorado Springs, the lots we've acquired in Douglas County will provide homebuyers with what they want – new quality residences priced within their reach with access to amenities, major employment centers and highly-rated schools," said Darren Dupree, division president of TRI Pointe Homes.
Houston-based Trendmaker Homes has started construction on a 225-acre community called Lakehouse located north of Interstate 10 and west of the Grand Parkway, near the intersection of Clay and Pitts Road. Eventually, the gated community will have 350 homes, ranging in price from the $200,000s to $600,000s. Community amenities will include a recreation center with resort-style pool, fitness center, playground with climbing features and a 2,800-square-foot activity lawn called Neighborhood Green where residents can do yoga.
Doug Bauer became the CEO of TRI Pointe Group Inc (NYSE:TPH) in 2013. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then Read More...