RBC Capital analyst Michael Dahl maintains $Tri Pointe Homes (TPH.US)$ with a buy rating, and adjusts the target price from $48 to $45.
According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 8.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Tri Pointe Homes (TPH.US)$'s main analysts recently are as follows:
The company's Q3 order did not meet expectations, however, its gross margins are projected to stay strong until the end of 2024. There is a possibility that increased incentives may affect results in the first half of 2025.
TRI Pointe presents a compelling narrative with its strategy to expand in the market, emphasis on acquiring land in prime areas, and a distinctive range of products. Although the growth forecast for earnings per share in 2025 might not be as strong as that for 2024, projections still indicate a moderate single-digit increase, which might prove to be a cautious estimate.
Note:
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