How to Buy Tri Pointe Homes Stock
Tri Pointe Homes Inc
Tri Pointe Homes is a construction company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker TPH on the NYSE exchange.
Tri Pointe Homes stock last closed at $35.27, up 0.97% from the previous day, and has increased 31.6% in one year. It has overperformed other stocks in the Residential Construction industry by 0 percentage points. Tri Pointe Homes stock is currently +45.88% from its 52-week low of $24.18, and -9.75% from its 52-week high of $39.08.
As of Apr 22, 2024, there are 95.43M shares of TPH outstanding. The market capitalization of TPH is $3.37B. In the past 24 hours, 1.11M TPH shares were traded.
How to Buy Tri Pointe Homes Stock
Not sure how to invest in Tri Pointe Homes stock? Here's how.
- Choose where to buy Tri Pointe Homes stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Tri Pointe Homes stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your info.
- Research Tri Pointe Homes stock: The Tri Pointe Homes ticker symbol is TPH. Is Tri Pointe Homes stock a good investment? Should you buy shares of TPH? How do TPH's underlying business fundamentals look? Do top analysts think Tri Pointe Homes is a good buy? Why has TPH's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if TPH is a good stock to buy).
- Place your TPH buy order: Decide if you will purchase TPH shares at the current market price or use a limit order to purchase TPH stock at a specific price.
- Get notifications regarding your TPH investment: Create a watchlist to watch your new investment in Tri Pointe Homes shares.
Step 1: Choose where to buy Tri Pointe Homes stock
You need an online brokerage account in order to access the NYSE market and buy TPH shares.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to invest in TPH today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your brokerage account.
Step 4: Research Tri Pointe Homes stock
After you have decided on the best place to buy Tri Pointe Homes stock, it's very important to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Tri Pointe Homes stock quick numbers
Fundamentals of TPH
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on TPH's stock page.
Is TPH stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TPH's true value.
Using relative valuations measures:
- TPH may be undervalued based on its P/E ratio of 10.14x, relative to Residential Construction industry P/E ratio of 11.36x
- TPH could be undervalued based on its P/B ratio of 1.12x, relative to Residential Construction industry P/B ratio of 1.93x
- TPH could be undervalued based on its PEG ratio of 0.41x
You can access additional valuation analysis on TPH's stock here.
A look at TPH Cashflows and Balance Sheet
Pros:
- TPH earnings of $461.87M is not enough to cover its interest payments.
- Total TPH debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- TPH's operating cash flow of $195.26M allows it to safely service it's debt of $1.38B.
- TPH profit margin has gone down from 13.2% to 9.3% in the past year.
- TPH has a relatively high debt to equity ratio of 0.63.
Do analysts think it's a good time to buy Tri Pointe Homes stock
Out of 3 Wall Street analysts who monitor TPH, the consensus analyst rating on TPH is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Tri Pointe Homes stock forecast page.
TPH Trading Indicators
How is TPH performing as a company?
Last year, TPH earnings were $343.70M. In the last 5 year, TPH's earnings have increased by 13.84% per year. This was slower than the Residential Construction industry average of 23%.
Last year, TPH revenue was $3.72B. Over the past five year, TPH's revenue has gone up by 2.63% per year. This was slower than the Residential Construction industry average of 11.91%.
Dig into TPH's earnings and revenue performance here.
Latest Insiders Trades at TPH
Over the past year, insiders at TPH have bought more shares than they have sold.
Thomas J. Mitchell, President and COO of TPH, was the latest TPH insider to sell. They sold $1,814,992.26 worth of TPH stock on Mar 13, 2024.
Learn more about who owns TPH stock here.
Does TPH stock generate passive income?
No, Tri Pointe Homes doesn't provide an income stream by paying out dividends.
TPH Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your TPH buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your TPH investment
Now that you own some TPH stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track your TPH stock.
TPH Feed
How to Buy Stock in Tri Pointe Homes
To reiterate, here are the 6 steps you need to take to buy Tri Pointe Homes stock right now:
- Choose where to buy Tri Pointe Homes stock
- Open your brokerage account
- Put funds into your investment account
- Research Tri Pointe Homes stock
- Place your TPH buy order
- Get notifications regarding your TPH investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Tri Pointe Homes, add TPH to your watchlist below.
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