TPH Expands Into Greater Orlando With 178 Homesites Acquisition

Zacks11-25 21:37

Tri Pointe Homes, Inc. TPH acquired 178 single-family home sites in the Sugarloaf Mountain from Richland Communities in Minneola, FL. This marks the company’s first land acquisition in the greater ...

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This marks the company’s first land acquisition in the greater ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tph-expands-greater-orlando-178-133700456.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TPH Expands Into Greater Orlando With 178 Homesites Acquisition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTPH Expands Into Greater Orlando With 178 Homesites Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 21:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tph-expands-greater-orlando-178-133700456.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tri Pointe Homes, Inc. TPH acquired 178 single-family home sites in the Sugarloaf Mountain from Richland Communities in Minneola, FL. This marks the company’s first land acquisition in the greater ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tph-expands-greater-orlando-178-133700456.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STRL","symbol_name":"Sterling Construction Company In","start_time":0,"source_url":"https://finance.yahoo.com/news/tph-expands-greater-orlando-178-133700456.html","article_id":"2486903495","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/vj5R2vyEJe81l2VaI62XSw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/4c87a1956a2133d42d4264e0f3d0f6f9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486903495","pubTimestamp":1732541820,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The company expanded into the greater Orlando market as part of its strategy to grow in high-demand regions across the United States. Tri Pointe Homes has previously expanded into markets such as Utah, Coastal Carolinas and Texas, following its \"Best of Big and Small\" approach. This strategy allows regional divisions to leverage local knowledge while benefiting from the resources of a nationally recognized homebuilder. With a strong economy and rapid population growth, the region offers significant opportunities for expansion. Industries like clean technology, aerospace and advanced manufacturing are fueling job creation, making this an ideal market for Tri Pointe Homes. The company is well-positioned to cater to the rising demand for premium homes in the region.Tri Pointe currently has a Zacks Rank #3 .Here are some better-ranked stocks from the Construct","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STRL":"Sterling Construction Company In","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","MTZ":"MasTec Inc","LPX":"路易斯安那太平洋","BK4588":"碎股","BK4088":"住宅建筑","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","TPH":"Tri Pointe Homes Inc.","BK4129":"建筑与工程","BK4186":"林业产品","BK4585":"ETF&股票定投概念","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC"},"translate_title":"TPH收购178个住宅用地，进军大奥兰多","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LPX":1,"MTZ":1,"STRL":1,"TPH":1},"content_text":"Tri Pointe Homes, Inc. TPH acquired 178 single-family home sites in the Sugarloaf Mountain from Richland Communities in Minneola, FL. This marks the company’s first land acquisition in the greater Orlando area, completed with the land’s bank partner, Kennedy Lewis Investment Management LLC. The expansion aligns with TPH's strategy to enter high-growth markets and address the demand for high-quality housing.The new community, Pine Ridge at Sugarloaf Mountain, is located on elevated terrain and will feature 15.87 acres of open space. The development is designed to highlight the area’s unique setting. Tri Pointe Homes plans to offer three homesite sizes—45, 55 and 65 feet—tailored for premium entry-level and move-up buyers in Central Florida. Furthermore, Tri Pointe Homes’ design studio, expected to open in fall 2026, will provide curated design options to match individual preferences and lifestyles.The company views Pine Ridge at Sugarloaf Mountain as an ideal opportunity to bring premium lifestyle offerings to the greater Orlando market. The community is strategically located near major developments and employment centers, designed to meet the growing demand for quality housing in a rapidly expanding region.The construction at Pine Ridge is set to begin in mid-2025, with model homes scheduled to be built by mid-2026. The grand opening is planned for September 2026.\nTPH Expands Into Florida's Growing Market\nThe company expanded into the greater Orlando market as part of its strategy to grow in high-demand regions across the United States. Tri Pointe Homes has previously expanded into markets such as Utah, Coastal Carolinas and Texas, following its \"Best of Big and Small\" approach. This strategy allows regional divisions to leverage local knowledge while benefiting from the resources of a nationally recognized homebuilder.   With a strong economy and rapid population growth, the region offers significant opportunities for expansion. Industries like clean technology, aerospace and advanced manufacturing are fueling job creation, making this an ideal market for Tri Pointe Homes. The company is well-positioned to cater to the rising demand for premium homes in the region.\nTPH’s Price Performance\nImage Source: Zacks Investment Research\nShares of Tri Pointe have gained 46.5% in the past year compared with the Zacks Building Products - Home Builders industry’s 39.5% growth. The company has been benefiting from solid homebuilding industry fundamentals, land-acquisition strategy and cost-control measures. Also, strong demographics and limited availability of homes are likely to support the company in the future.The Zacks Consensus Estimate for TPH’s 2024 sales and EPS indicates an increase of 19.8% and 36.8%, respectively, from a year ago. The company also delivered a trailing four-quarter earnings surprise of 26.9%, on average.\nTPH’s Zacks Rank & Key Picks\nTri Pointe currently has a Zacks Rank #3 (Hold).Here are some better-ranked stocks from the Construction sector. Sterling Infrastructure, Inc. STRL presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.It has a trailing four-quarter earnings surprise of 21.5%, on average. Shares of STRL have gained 202.5% in the past year. The Zacks Consensus Estimate for STRL’s 2024 sales and EPS implies an increase of 9% and 33.3%, respectively, from the prior-year levels.Louisiana-Pacific Corporation LPX currently sports a Zacks Rank of 1. LPX delivered a trailing four-quarter earnings surprise of 30.7%, on average. The stock has gained 88.7% in the past year.The Zacks Consensus Estimate for LPX’s 2024 sales and EPS indicates an increase of 12.7% and 72.1%, respectively, from a year ago.MasTec, Inc. MTZ presently sports a Zacks Rank of 1. MTZ delivered a trailing four-quarter earnings surprise of 40.2%, on average. The stock has risen 151% in the past year.The Zacks Consensus Estimate for MTZ’s 2024 sales and EPS indicates an increase of 1.9% and 84.3%, respectively, from a year ago.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLouisiana-Pacific Corporation (LPX) : Free Stock Analysis Report\nSterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report\nTri Pointe Homes Inc. (TPH) : Free Stock Analysis Report\nMasTec, Inc. (MTZ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486903495"}