Tri Pointe HomesNYSE: TPH

INCLINE VILLAGE, Nev., June 28, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH) announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, July 25, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, Executive Vice President and Chief Marketing Officer.

Here is how Tri Pointe Homes (TPH) and Advanced Drainage Systems (WMS) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Tri Pointe Homes has shown impressive growth in the homebuilding market, with shares up 84.3% since June 2022. Despite some setbacks in 2023, the company has seen revenue and profitability increase in the first quarter of 2024. With a growing backlog and strong net new orders, Tri Pointe Homes remains a solid investment option in the housing market.

Amid high mortgage rates, limited inventory is encouraging for the industry. Let's find out whether Tri Pointe (TPH) or M/I Homes (MHO) is a better housing stock.

Tri Pointe (TPH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Is Tri Pointe Homes (TPH) a strong candidate for momentum investors looking for top stock picks? Let's investigate.

Tri Pointe (TPH) passed our screening for 'Fast-Paced Momentum at a Bargain' and may be a solid option for investors seeking stocks with recent strong momentum at attractive valuations.

At Zacks, we prioritize the reliable Zacks Rank system that highlights earnings estimates and revisions to identify top stocks. However, we also keep an eye on current value, growth, and momentum trends to highlight solid choices.