Wedbush Reiterates Outperform Rating for TRI Pointe Group (TPH)

Wedbush Reiterates Outperform Rating for TRI Pointe Group (TPH)

TRI Pointe Group announced that its Board of Directors has authorized a stock repurchase program on Wednesday, July 26th that allows the company to repurchase $50.00 million in shares. The stock has "Outperform" rating by Wedbush on Tuesday, February 21.

(NYSE:TPH) is performing 21.86%. FBR Capital has "Outperform" rating and $15 target. The analysts estimated EPS for the higher end at 0.69 and lower end at 0.59 while the year ago reported earnings per share was 0.52. On Tuesday, September 20 the stock rating was initiated by Wedbush with "Outperform".

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TRI pointe group (nyse:tph) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Thursday, Zacks.com reports. The firm currently has a $13.00 target price on the construction company’s stock.

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TRI Pointe Group Inc (NYSE:TPH) – Research analysts at Wedbush lifted their Q3 2019 earnings estimates for TRI Pointe Group in a report released on Thursday, July 25th. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $0.37 for the quarter, up from their previous estimate of $0.34.

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TRI Pointe Group (TPH) Stock Rating Reaffirmed by Wedbush TRI Pointe Group Inc (NYSE:TPH) has been assigned a consensus recommendation of "Hold" from the thirteen brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy.

Analysts expect Meritage Homes Corp (NYSE:MTH) to report earnings per share of $1.02 for the current fiscal quarter, according to Zacks Investment Research. Eleven analysts have provided estimates for meritage homes’ earnings, with estimates ranging from $0.99 to $1.08. Meritage Homes reported earnings per share of $1.31 during the same quarter last year, which would [.]

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