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Fly News Breaks for February 28, 2019
TPH
Feb 28, 2019 | 08:17 EDT
As previously reported, Evercore ISI downgraded TRI Pointe to Underperform from to In Line and maintained a $13 price target. Analyst Stephen Kim said the "easy money" has been made since he upgraded the homebuilders back in October with the group up over 25%. His checks also indicate the Spring Selling season is off to a slow start and looking further out, Kim sees headline risk from leadership changes at the Federal Housing Administration and the Federal Housing Fiance Administration that could lead to a slowdown in high-DTI agency lending.
News For TPH From the Last 2 Days
TPH
Apr 26, 2024 | 07:41 EDT
TPH
Apr 25, 2024 | 06:07 EDT
TPH
Apr 25, 2024 | 06:07 EDT
Sees 2024 home average price $660K-$670K Expects 2024 homebuilding gross margin percentage of 22.5%-23.5% and anticipates SG&A expense as a percentage of home sales revenue of 10.5%-11.0%.
