12 Best Residential Real Estate Stocks To Buy According to Analysts

Page 8 of 11

4. Tri Pointe Homes, Inc. (NYSE:TPH)

Average Upside Potential: 37.40%

Tri Pointe Homes, Inc. (NYSE:TPH) is another large home builder in the United States that has operations in 12 states and the District of Columbia. The home builder has been engaging in the construction of premium homes and communities with deep ties to the communities it serves.

Tri Pointe Homes, Inc. (NYSE:TPH) is a recognized leader in innovative design, energy efficiency, customer experience, and environmentally friendly business practices. TPH serves as a growth company with national reach and local market expertise in addition to a seasoned leadership team known for operational excellence.

The financial results for the recent quarter of Tri Pointe Homes, Inc. (NYSE:TPH), 2024’s third quarter, went robust. The homebuilder recorded a 32% rise in deliveries to 1,619 homes while seeing a 35% growth in homes sales revenue to $1.1 billion. The housing market dynamics including a constant supply-demand imbalance and favorable demographics present a favorable environment for TPH.

Page 8 of 11