Tri Pointe Homes traded at $46.31 this Friday February 20th. Looking back, over the last four weeks, Tri Pointe Homes lost 30.67 percent. Over the last 12 months, its price rose by 48.10 percent. Looking ahead, we forecast Tri Pointe Homes to be priced at 44.87 by the end of this quarter and at 40.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tri Pointe Homes, Inc., formerly TRI Pointe Group, Inc., is a homebuilder that designs, builds, and sells homes. The Company's operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia. Its financial services operation (TRI Pointe Solutions) includes mortgage financing operations and title services operations. Its mortgage financing operation (TRI Pointe Connect) provides mortgage financing to its homebuyers. Its title services operation (TRI Pointe Assurance) provides title examinations for its homebuyers.