Tri Pointe Homes plans new land acquisitions in Bluffton and Beaufort, SC, expanding its Coastal Carolinas division.
Quiver AI Summary
Tri Pointe Homes, a major U.S. homebuilder, announced plans to acquire two new land sites in South Carolina as part of its Coastal Carolinas division. The developments include single-family homes in Bluffton and townhomes in Beaufort, designed to cater to diverse homebuyer needs while highlighting the natural beauty and charm of the region. Doug Bauer, CEO of Tri Pointe Homes, emphasized the significance of these acquisitions for the company's growth in a market known for its quality of life. The Bluffton single-family homes will feature modern designs near local amenities, while the townhomes in Beaufort will showcase Lowcountry architecture with convenient access to shopping, dining, and recreational areas. Tri Pointe's president, Gray Shell, indicated that these projects reflect the company's commitment to innovative design and deep community ties, aiming to establish a strong presence in this high-demand market.
Potential Positives
- Tri Pointe Homes is expanding its Coastal Carolinas division with two new land acquisitions, indicating growth and strategic development in a desirable market.
- The planned neighborhoods in Bluffton and Beaufort aim to cater to a diverse range of homebuyers, highlighting Tri Pointe’s commitment to thoughtful design and premium lifestyle experiences.
- These developments are positioned near key amenities such as schools, shopping, and recreational areas, enhancing the value proposition for potential homeowners.
- Tri Pointe Homes has received multiple industry accolades, including 2024 Developer of the Year and recognition in Fortune’s World's Most Admired Companies, reinforcing its reputation as a leader in the homebuilding sector.
Potential Negatives
- Tri Pointe Homes does not provide specific financial projections or expected costs associated with the new land acquisitions, raising concerns about transparency regarding their investment strategy.
- The announcement lacks details on potential risks associated with entering the Coastal Carolinas market, which could indicate a risky expansion strategy without thorough market analysis.
- The focus on upcoming projects may draw attention away from existing developments or challenges the company might face in its current portfolio, potentially leading to investor skepticism.
FAQ
What new acquisitions has Tri Pointe Homes announced in South Carolina?
Tri Pointe Homes announced two planned land acquisitions for single-family homes in Bluffton and townhomes in Beaufort, South Carolina.
When are the new communities expected to be completed?
Both the single-family homes in Bluffton and the townhomes in Beaufort are anticipated to be completed by 2027.
What is the architectural style of the new townhomes in Beaufort?
The townhomes in Beaufort are planned to feature Lowcountry-inspired architecture, showcasing local design aesthetics.
How does Tri Pointe Homes plan to serve homebuyers in these communities?
Tri Pointe Homes aims to offer a variety of thoughtfully designed homes catering to diverse lifestyles and needs in these communities.
What recognition has Tri Pointe Homes received for its business practices?
Tri Pointe Homes has been named a 2024 Developer of the Year and recognized as one of Fortune's 100 Best Companies to Work For.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TPH Congressional Stock Trading
Members of Congress have traded $TPH stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $TPH stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 03/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$TPH Insider Trading Activity
$TPH insiders have traded $TPH stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $TPH stock by insiders over the last 6 months:
- DOUGLAS F. BAUER (Chief Executive Officer) sold 120,287 shares for an estimated $3,626,653
- THOMAS J. MITCHELL (President and COO) sold 77,384 shares for an estimated $3,029,583
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TPH Hedge Fund Activity
We have seen 153 institutional investors add shares of $TPH stock to their portfolio, and 205 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. added 3,265,510 shares (+inf%) to their portfolio in Q4 2024, for an estimated $118,407,392
- MORGAN STANLEY removed 764,436 shares (-29.1%) from their portfolio in Q4 2024, for an estimated $27,718,449
- EXODUSPOINT CAPITAL MANAGEMENT, LP removed 349,199 shares (-94.5%) from their portfolio in Q4 2024, for an estimated $12,661,955
- BNP PARIBAS FINANCIAL MARKETS removed 304,097 shares (-79.5%) from their portfolio in Q4 2024, for an estimated $11,026,557
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 302,763 shares (-20.2%) from their portfolio in Q4 2024, for an estimated $10,978,186
- DIMENSIONAL FUND ADVISORS LP removed 290,951 shares (-4.0%) from their portfolio in Q4 2024, for an estimated $10,549,883
- MILLENNIUM MANAGEMENT LLC removed 284,224 shares (-20.6%) from their portfolio in Q4 2024, for an estimated $10,305,962
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$TPH Analyst Ratings
Wall Street analysts have issued reports on $TPH in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wedbush issued a "Outperform" rating on 04/28/2025
To track analyst ratings and price targets for $TPH, check out Quiver Quantitative's $TPH forecast page.
$TPH Price Targets
Multiple analysts have issued price targets for $TPH recently. We have seen 2 analysts offer price targets for $TPH in the last 6 months, with a median target of $42.0.
Here are some recent targets:
- Jay McCanless from Wedbush set a target price of $43.0 on 04/28/2025
- An analyst from Seaport Global set a target price of $41.0 on 03/06/2025
Full Release
CHARLESTON, S.C., May 01, 2025 (GLOBE NEWSWIRE) -- Tri Pointe Homes ® (NYSE: TPH), one of the largest homebuilders in the U.S., today announced two new planned land acquisitions in South Carolina as part of its new division in the Coastal Carolinas. Neighborhoods planned for the two sites — single-family homes in Bluffton and townhomes in Beaufort— reflect Tri Pointe’s strategy to serve a wide range of homebuyers with thoughtfully designed homes in locations known for their mix of natural beauty, Lowcountry charm, and access to coastal amenities.
“Beaufort County has earned its reputation as South Carolina’s top place to live, offering a rare combination of longevity, education, and prosperity 1 ,” said Doug Bauer, Tri Pointe Homes chief executive officer. “After launching Tri Pointe’s Coastal Carolinas division just last year, these two transactions are an important milestone and a tremendous opportunity to continue the upward momentum. This market is an exciting frontier for Tri Pointe, and I believe the diversity of these projects will demonstrate our ability to deliver housing options that cater to a wide range of lifestyles. We are thrilled to have the chance to contribute to the legacy of such a thriving community.”
Guided by Tri Pointe’s vision for delivering premium lifestyle experiences, both of the opportunities will be designed to offer distinct housing products situated near key lifestyle and economic hubs:
Single family homes in Bluffton, SC
Expected 2027
This opportunity is anticipated to feature single-family rear-load homes designed to balance modern convenience with Bluffton’s charm. The community is located near the walkable Promenade in downtown Bluffton, known for its boutiques, restaurants, and parks. It also offers easy access to Hilton Head Island beaches and golf courses such as May River Golf Club and Hilton Head National. The site is zoned for one of the top school districts in the region, with schools like Bluffton High School and Red Cedar Elementary School nearby. Residents will enjoy a lifestyle enriched by proximity to Bluffton’s vibrant arts scene, green spaces, and entertainment options like Station 300 and The Zone indoor amusement center.
Townhomes in Beaufort, SC
Expected 2027
Located six miles from downtown Beaufort, this property includes townhome lots with plans to feature Lowcountry-inspired architecture. Residents will benefit from the community’s convenient access to downtown Beaufort’s shopping and dining, the Broad River waterfront, and walkable green spaces like the Spanish Moss Trail. Local attractions include Cross Creek shopping mall and employment centers such as Savannah ports, Gulfstream, and USC Beaufort. The community is also situated near top-rated schools, including Bridges Preparatory Charter School and Robert Small Parkway’s educational and retail corridor.
“Our Coastal Carolinas division is moving full steam ahead,” said Gray Shell, Tri Pointe Homes Coastal Carolinas division president. “These transactions exemplify Tri Pointe’s unmatched combination of design innovation and expertise. With a permanent presence, a growing team, and deepening relationships with trade partners and local communities, we are positioning ourselves as a leading premium lifestyle brand in this high-growth market.”
For more information about Tri Pointe Homes and its upcoming communities in the Coastal Carolinas, visit https://www.tripointehomes.com/sc/coastal-carolinas/coastal-carolinas-coming-soon/
About Tri Pointe Homes
®
One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe has won multiple Builder of the Year awards and was named 2024 Developer of the Year. The company was also named to the 2024 Fortune World’s Most Admired Companies™ list, is one of the 2023 and 2025 Fortune 100 Best Companies to Work For
®
and was designated as one of the PEOPLE Companies That Care
®
in 2023 and 2024. The company was also named as a
Great Place To Work-Certified
™
company for four years in a row (2021 through 2024), and was named on several Great Place To Work
®
Best Workplaces list (2022 through 2024). For more information, please visit
TriPointeHomes.com
.
1 24/7 Wall St.: https://247wallst.com/investing/2023/10/16/every-states-best-county-to-live-in-3/
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c21afec-8715-487f-b2d9-5a5ff590a6c5
https://www.globenewswire.com/NewsRoom/AttachmentNg/6334d169-5bb9-4668-a24b-116a44896a71
