TRI Pointe Group (TPH) Upgraded to Hold at ValuEngine

The brokerage firm also expects major homebuilders like PulteGroup, Inc. PHM, Lennar, and TRI Pointe Group Inc TPH to benefit from these positive. Lennar carries a Zacks Rank #3 (Hold). You can see.

TRI Pointe Group (NYSE:TPH) announced its earnings results on Thursday. The construction company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04, Briefing.com reports. TRI Pointe Group had a return on equity of 11.87% and a net margin of 7.16%.

A number of analysts have recently commented on TPH shares. valuengine cut tri pointe Group from a "hold" rating to a "sell" rating in a research report on Saturday, June 1st. Zacks Investment Research upgraded TRI Pointe Group from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 1st.

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TRI Pointe Group (NYSE:TPH) was upgraded by investment analysts at Barclays from an "equal weight" rating to an "overweight" rating in a note issued to investors on Friday, Marketbeat reports. The brokerage presently has a $21.00 price objective on the construction company’s stock, up from their prior price objective of $17.00.

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ValuEngine upgraded shares of TRI Pointe Group (NYSE:TPH) from a sell rating to a hold rating in a research report sent to investors on Tuesday, ValuEngine reports. TPH has been the topic of several other research reports. jmp securities lifted their target price on TRI Pointe Group from $14.00 to $15.00 and gave the company [.]

TRI Pointe Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPH." How will TRI Pointe Group’s stock buyback program work? tri pointe group declared that its board has authorized a stock buyback plan on Tuesday, February 20th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares.

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ValuEngine upgraded shares of TRI Pointe Group from a "sell" rating to a "hold" rating in a research note on Tuesday, May 14th. Finally, Zacks Investment Research upgraded shares of TRI Pointe Group from a "strong sell" rating to a "hold" rating in a research note on Wednesday, May 1st.