TRI Pointe (TPH) projects Q3 home deliveries of 1,000-1,100 homes, with each selling for $675,000-$685,000. The company expects a homebuilding gross margin of 20.0%-21.0% and SG&A expenses of 13.0%-14.0% of home sales revenue. For the full year, TRI Pointe aims to deliver 4,800-5,200 homes, with an average sale price of $665,000-$675,000. Wall Street analysts forecast an average target price of $39.17, indicating an 11.30% upside from the current price of $35.19.
Tri Pointe Homes, Inc. (TPH) reported its second-quarter (Q2) 2025 financial results, revealing mixed performance in home sales and deliveries. The company delivered 1,326 new homes, generating $879.8 million in home sales revenue, a 22.3% decline from the previous year. Despite this, the company's net income available to common stockholders decreased significantly to $60.7 million, down from $118.0 million in Q2 2024 [1].
The company's homebuilding debt-to-capital ratio remained stable at 21.7%, indicating a strong balance sheet and prudent financial management. Additionally, Tri Pointe Homes repurchased $100 million of common stock, enhancing shareholder value amidst macroeconomic challenges. The company's liquidity position was bolstered by a higher revolving credit facility of $850 million, extended to 2030, providing operational flexibility for future growth [1].
Looking ahead, Tri Pointe Homes anticipates delivering between 1,000 and 1,100 homes in Q3 2025, with an average sales price of $675,000 to $685,000. For the full year, the company aims to deliver 4,800 to 5,200 homes, with an average sale price of $665,000 to $675,000. Wall Street analysts forecast an average target price of $39.17, indicating an 11.30% upside from the current price of $35.19 [2].
References:
[1] https://www.quiverquant.com/news/Tri+Pointe+Homes+Reports+Q2+2025+Results%3A+1%2C326+New+Home+Deliveries%2C+%24879.8+Million+in+Sales+Revenue%2C+and+%24100+Million+Stock+Repurchase+Authorized
[2] https://www.quiverquant.com/news/Tri+Pointe+Homes+Reports+Q2+2025+Results%3A+1%2C326+New+Home+Deliveries%2C+%24879.8+Million+in+Sales+Revenue%2C+and+%24100+Million+Stock+Repurchase+Authorized
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