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Tri Pointe Homes Inc - TPH STOCK NEWS

Welcome to our dedicated page for Tri Pointe Homes news (Ticker: TPH), a resource for investors and traders seeking the latest updates and insights on Tri Pointe Homes stock.

Tri Pointe Homes Inc (TPH) delivers innovative residential solutions through its network of regional homebuilding brands. This news hub provides investors and industry observers with authoritative updates on the company’s strategic initiatives and market developments.

Access consolidated coverage of TPH’s operational milestones including quarterly earnings disclosures, partnership announcements, and community development projects. Our curated feed tracks essential updates shaping the company’s position in competitive housing markets across California, Texas, and other key states.

Key focus areas include leadership changes impacting regional operations, advancements in sustainable construction practices, and land acquisition strategies. The collection also features analysis of market trends affecting TPH’s portfolio of premium single-family homes and condominiums.

Bookmark this resource for streamlined access to Tri Pointe Homes’ latest corporate developments. Check back regularly for verified updates on operational performance and design innovations in the dynamic homebuilding sector.

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Tri Pointe Homes, a leading U.S. homebuilder, announced its subsidiary, Tri Pointe Assurance, will take over escrow services in Bellevue, Washington, following the closure of All City Escrow. The transition ensures a seamless experience for homebuyers, who will benefit from streamlined closing processes. Tri Pointe Assurance will hire most All City Escrow employees to maintain service continuity. This move strengthens Tri Pointe's integrated homebuying services, which includes title insurance and escrow, enhancing customer transparency and satisfaction during home purchases.

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Tri Pointe Homes (NYSE: TPH) will report its Q1 2022 financial results on April 21, 2022, before the market opens. A conference call will follow at 7:00 AM PT (10:00 AM ET) for discussion of the results, hosted by CEO Doug Bauer, COO Tom Mitchell, and CFO Glenn Keeler. Participants can join via phone or stream the event online. A replay will be available for one week after the call. Tri Pointe is a leading U.S. homebuilder, recognized for its innovative designs and sustainable practices, with operations in 10 states.

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Tri Pointe Homes reported a record-breaking fourth quarter with a diluted EPS of $1.33, marking a 45% year-over-year increase. The company achieved a pre-tax margin of 16.2% and a year-end backlog of $2.2 billion, up 17%. The Board authorized an additional $250 million stock buyback, raising the total buyback limit to $750 million. In 2021, net income reached $469.3 million, with home sales revenue rising 22% to $4.0 billion. Tri Pointe anticipates continued growth in 2022, projecting 6,500-6,800 home deliveries at an average price of $660,000 to $670,000.

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Tri Pointe Homes (NYSE: TPH) announced that its D.C. Metro Division received the Community Builder Award from the Home Builders Care Foundation of Maryland on January 20, 2022. The award recognized the company for its efforts in a kitchen renovation project at Cordell Place Apartments, a supportive housing program. Tri Pointe and its partners contributed to nearly 97% of project costs through in-kind donations. The initiative helps support individuals experiencing chronic homelessness, showcasing Tri Pointe's commitment to community service.

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Tri Pointe Homes (NYSE: TPH) will announce its fourth quarter 2021 financial results on February 17, 2022, before market opening. A conference call will follow at 7:00 AM Pacific (10:00 AM Eastern), featuring CEO Doug Bauer, COO Tom Mitchell, and CFO Glenn Keeler. Participants can join via toll-free numbers or listen online through the company's website. A replay will be accessible for a week. Tri Pointe, a prominent U.S. homebuilder, is recognized for customer experience and innovative design, operating across 10 states.

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Tri Pointe Homes (NYSE: TPH) has launched Altis, a lifestyle brand targeting the 55+ demographic with modern, environmentally friendly designs. With three communities already in California, Altis aims to deliver a premium lifestyle that resonates with the active adult market. The brand emphasizes community connection and tailored amenities. Altis at Skyline, the latest addition, features 292 single-story homes starting from the low $700,000s. This initiative positions Tri Pointe to capitalize on the growing active adult market, which is expected to expand as baby boomers increasingly relocate.

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Tri Pointe Homes reported strong Q3 2021 results, achieving a diluted EPS of $1.17 and a net income of $133.2 million, up 69% year-over-year. Home sales revenue rose 25% to $1 billion, with deliveries increasing to 1,632 homes. The homebuilding gross margin reached a record 26.3%, a 420 basis point increase. Backlog units rose 14% to 3,619, with a dollar value of $2.4 billion, up 17%. The company plans to open over 100 new communities and anticipates delivering 6,000 to 6,300 homes by year-end. A solid balance sheet and optimistic demand outlook position TPH for future growth.

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Tri Pointe Homes (NYSE: TPH) will announce its third-quarter 2021 financial results before market opens on October 21, 2021. A conference call will occur at 7:00 AM Pacific (10:00 AM Eastern) led by CEO Doug Bauer and other executives to discuss the results. Participants can join via toll-free numbers or listen online on the company's website. A replay will be accessible for one week post-call. Tri Pointe is among the leading U.S. homebuilders, recognized for its customer experience and innovative design, operating across 10 states.

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Tri Pointe Homes has announced the appointment of R. Kent Grahl to its Board of Directors, effective September 27, 2021, following the retirement of Dan Fulton at the end of the year. Grahl brings over 30 years of experience in homebuilding and institutional capital management, previously leading over $3.4 billion in equity investments. His appointment is expected to enhance the board's expertise and diversity, as stated by Chairman Steven Gilbert. Fulton has served since the 2014 merger, providing invaluable insights during Tri Pointe's growth.

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Tri Pointe Homes Inc

NYSE:TPH

TPH Rankings

TPH Stock Data

2.89B
88.20M
2.69%
102.93%
3.27%
Residential Construction
Operative Builders
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United States
INCLINE VILLAGE