Trinity Place Holdings Stock Today

TPHS Stock  USD 0.14  0.01  6.67%   

Performance

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Odds Of Distress

Over 64

 
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Trinity Place is selling for under 0.14 as of the 19th of April 2024; that is -6.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.14. Trinity Place has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Trinity Place Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Real Estate Management & Development
IPO Date
26th of September 2012
Category
Real Estate
Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. Trinity Place Holdings Inc. was founded in 1959 and is headquartered in New York, New York. Trinity Pl operates under Real EstateDiversified classification in the United States and is traded on AMEX Exchange. The company has 63.79 M outstanding shares of which 537.91 K shares are at this time shorted by private and institutional investors with about 0.07 trading days to cover. More on Trinity Place Holdings

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Trinity Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Trinity Place's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trinity Place or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentMatthew Messinger
Business ConcentrationReal Estate Management & Development, Real Estate, Real Estate, Real Estate Management & Development, Real Estate—Diversified, Real Estate (View all Sectors)
Financial Strength
Based on the measurements of operating efficiency obtained from Trinity Place's historical financial statements, Trinity Place Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Trinity Place Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.120.1256
Sufficiently Down
Slightly volatile
Total Current Liabilities44.6 M82.4 M
Way Down
Pretty Stable
Non Current Liabilities Total205 M195.2 M
Sufficiently Up
Slightly volatile
Total Assets244.8 M267.5 M
Significantly Down
Slightly volatile
Total Current Assets12.5 M13.2 M
Notably Down
Slightly volatile
Trinity Place's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trinity Place's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trinity Place's financial leverage. It provides some insight into what part of Trinity Place's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Trinity Place's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Trinity Place deploys its capital and how much of that capital is borrowed.
Liquidity
Trinity Place cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 247.74 M in liabilities with Debt to Equity (D/E) ratio of 5.53, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Trinity Place Holdings has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trinity Place until it has trouble settling it off, either with new capital or with free cash flow. So, Trinity Place's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trinity Place Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trinity to invest in growth at high rates of return. When we think about Trinity Place's use of debt, we should always consider it together with cash and equity.

Change In Working Capital

25.27 Million
Trinity Place Holdings (TPHS) is traded on NYSE MKT Exchange in USA. It is located in 340 Madison Avenue, New York, NY, United States, 10173 and employs 6 people. Trinity Place is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trinity Place's market, we take the total number of its shares issued and multiply it by Trinity Place's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Trinity Place Holdings conducts business under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 63.79 M outstanding shares of which 537.91 K shares are at this time shorted by private and institutional investors with about 0.07 trading days to cover. Trinity Place Holdings currently holds about 3.11 M in cash with (5.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check Trinity Place Probability Of Bankruptcy
Ownership Allocation
Trinity Place maintains a total of 63.79 Million outstanding shares. The majority of Trinity Place Holdings outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Trinity Place to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Trinity Place Holdings. Please pay attention to any change in the institutional holdings of Trinity Place Holdings as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Trinity Ownership Details

Trinity Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Trinity Place jumping above the current price in 90 days from now is about 82.57%. The Trinity Place Holdings probability density function shows the probability of Trinity Place stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1214. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trinity Place will likely underperform. Additionally, trinity Place Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.14HorizonTargetOdds Above 0.14
17.36%90 days
 0.14 
82.57%
Based on a normal probability distribution, the odds of Trinity Place to move above the current price in 90 days from now is about 82.57 (This Trinity Place Holdings probability density function shows the probability of Trinity Stock to fall within a particular range of prices over 90 days) .

Trinity Place Historical Income Statement

Trinity Place Holdings Income Statement is one of the three primary financial statements used for reporting Trinity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Trinity Place Holdings revenue and expense. Trinity Place Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Trinity Place's Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 33.9 M in 2024, despite the fact that Gross Profit is likely to grow to (3.1 M). View More Fundamentals

Trinity Stock Against Markets

Picking the right benchmark for Trinity Place stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Trinity Place stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Trinity Place is critical whether you are bullish or bearish towards Trinity Place Holdings at a given time. Please also check how Trinity Place's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Trinity Place without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Trinity Place Corporate Directors

Trinity Place corporate directors refer to members of a Trinity Place board of directors. The board of directors generally takes responsibility for the Trinity Place's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Trinity Place's board members must vote for the resolution. The Trinity Place board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Keith PattizIndependent DirectorProfile
Marina ShevyrtalovaIndependent DirectorProfile
Alan CohenIndependent DirectorProfile
Joanne MinieriDirectorProfile

How to buy Trinity Stock?

Before investing in Trinity Place, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Trinity Place. To buy Trinity Place stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trinity Place. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Trinity Place stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Trinity Place Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Trinity Place Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Trinity Place Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Trinity Stock please use our How to Invest in Trinity Place guide.

Already Invested in Trinity Place Holdings?

The danger of trading Trinity Place Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trinity Place is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trinity Place. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trinity Place Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Trinity Place Holdings is a strong investment it is important to analyze Trinity Place's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trinity Place's future performance. For an informed investment choice regarding Trinity Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Place Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Trinity Place Holdings information on this page should be used as a complementary analysis to other Trinity Place's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Trinity Place's price analysis, check to measure Trinity Place's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trinity Place is operating at the current time. Most of Trinity Place's value examination focuses on studying past and present price action to predict the probability of Trinity Place's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Place's price. Additionally, you may evaluate how the addition of Trinity Place to your portfolios can decrease your overall portfolio volatility.
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Is Trinity Place's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Place. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Place listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
0.876
Quarterly Revenue Growth
(0.85)
Return On Assets
(0.02)
Return On Equity
(4.51)
The market value of Trinity Place Holdings is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Place's value that differs from its market value or its book value, called intrinsic value, which is Trinity Place's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Place's market value can be influenced by many factors that don't directly affect Trinity Place's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Place's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Place is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Place's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.