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TRI Pointe Homes (NYSE:TPH) will be releasing its Q214 earnings data on Thursday, August 7th. Analysts expect TRI Pointe Homes to post earnings of $0.15 per share and revenue of $75.40 million for the quarter.

TRI Pointe Homes (NYSE:TPH) traded down 0.07% during mid-day trading on Wednesday, hitting $13.33. The stock had a trading volume of 510,678 shares. TRI Pointe Homes has a 1-year low of $13.24 and a 1-year high of $20.29. The stock has a 50-day moving average of $15.10 and a 200-day moving average of $16.33. The company has a market cap of $421.7 million and a price-to-earnings ratio of 21.73. TRI Pointe Homes also saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 9,821,828 shares, a drop of 38.1% from the June 30th total of 15,856,008 shares. Based on an average trading volume of 9,593,913 shares, the days-to-cover ratio is currently 1.0 days. Currently, 6.8% of the company’s shares are sold short.

Several analysts have recently commented on the stock. Analysts at Buckingham Research upgraded shares of TRI Pointe Homes from a “neutral” rating to a “buy” rating in a research note on Monday, July 14th. They now have a $20.00 price target on the stock, up previously from $19.00. On a related note, analysts at Paradigm Capital reiterated a “buy” rating on shares of TRI Pointe Homes in a research note on Friday, May 16th. They now have a $8.00 price target on the stock, down previously from $8.50. Finally, analysts at Sidoti upgraded shares of TRI Pointe Homes from a “neutral” rating to a “buy” rating in a research note on Friday, May 16th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $17.40.

Tri Pointe Homes, Inc, formerly TRI Pointe Homes, LLC is engaged in the design, construction and sale of single-family homes in planned communities in metropolitan areas located throughout Southern and Northern California.

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