TRI Pointe Group (TPH) Given Media Impact Score of 0.43

Media headlines about TRI Pointe Group (NYSE:TPH) have been trending positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TRI Pointe Group earned a news impact score of 0.43 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 45.9495936214704 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of TRI Pointe Group (NYSE:TPH) traded up $0.03 during mid-day trading on Monday, hitting $17.68. The stock had a trading volume of 1,883,562 shares, compared to its average volume of 1,930,133. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.80. The firm has a market cap of $2,655.13, a P/E ratio of 16.05, a price-to-earnings-growth ratio of 1.18 and a beta of 1.74. TRI Pointe Group has a twelve month low of $11.31 and a twelve month high of $18.44.

TRI Pointe Group (NYSE:TPH) last announced its earnings results on Wednesday, October 25th. The construction company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.03. The business had revenue of $717.40 million during the quarter, compared to the consensus estimate of $706.65 million. TRI Pointe Group had a return on equity of 9.32% and a net margin of 6.97%. The business’s quarterly revenue was up 24.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.22 EPS. research analysts forecast that TRI Pointe Group will post 1.36 EPS for the current year.

Several equities research analysts have commented on the company. B. Riley restated a “buy” rating on shares of TRI Pointe Group in a research report on Wednesday, November 1st. FBR & Co restated a “buy” rating and issued a $20.00 price objective on shares of TRI Pointe Group in a research report on Thursday, October 26th. JMP Securities upped their price objective on TRI Pointe Group from $16.00 to $18.00 and gave the stock a “market outperform” rating in a research report on Thursday, October 26th. Gabelli upped their price objective on TRI Pointe Group from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, ValuEngine upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $17.00.

In other news, CFO Michael D. Grubbs sold 300,000 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $15.02, for a total transaction of $4,506,000.00. Following the completion of the transaction, the chief financial officer now directly owns 163,828 shares of the company’s stock, valued at approximately $2,460,696.56. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Bradley William Blank sold 14,725 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $17.54, for a total value of $258,276.50. Following the transaction, the vice president now directly owns 49,070 shares of the company’s stock, valued at $860,687.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 913,459 shares of company stock valued at $15,111,927. Corporate insiders own 2.20% of the company’s stock.

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About TRI Pointe Group

TRI Pointe Group, Inc is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia.

Insider Buying and Selling by Quarter for TRI Pointe Group (NYSE:TPH)

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