
TPH Stock Forecast & Price Target
TPH Analyst Ratings
Bulls say
Tri Pointe Homes Inc. is poised for continued success, as evidenced by its robust backlog of homes to be built and a strategic shift in community openings to FY25, aimed at capitalizing on a more favorable demand environment. The company's strong asset base, particularly its significant land bank in California, positions it well for revenue growth and improved margins over the coming years, supported by an anticipated FY'24E EPS of $5.15 attributed to strong sales volume and margin performance. Furthermore, projected revenue growth for FY'24 is set to increase by 19% year-over-year, with rising average closing prices indicating positive momentum in the homebuilding segment.
Bears say
Tri Pointe Homes Inc. is facing a negative outlook due to projected declines in orders, with fiscal year 2024 estimates falling to 5,713 homes, a 7% decrease from prior estimates, and a significantly lower closing count anticipated in the fourth quarter compared to earlier guidance. The expected EPS for fiscal year 2025 has also been revised down by 9%, reflecting slower demand for new homes and an anticipated sluggish pricing environment, coupled with ongoing cost pressures. This situation suggests a potential for multiple compression, impacting the return on tangible equity (ROTE) as well as the outlook for the company's share value.
This aggregate rating is based on analysts' research of TRI Pointe Group and is not a guaranteed prediction by Public.com or investment advice.
TPH Analyst Forecast & Price Prediction
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