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Actionable news in TPH: TRI POINTE HOMES Inc,

TRI Pointe Stock Has More Curb Appeal Despite Recent Pullback

Since reaching a June high of $16.15, shares of TRI Pointe (TPH) , one of the largest homebuilders in the U.S., have fallen as much as 20%. With the stock now trading at around $13, TRI Pointe has seen almost 15% of its value evaporate in 2015, including a 10% decline over the past six months. During that span, the SPDR S&P Homebuilders ETF (XHB) , which tracks prominent homebuilders like D.R. Horton (DHI - Get Report) and Lennar (LEN - Get Report) , is up 4% in six months and up more than 6% in 2015.

But TRI Pointe, which has beaten Wall Street's earnings-per-share estimates in eight out of 10 quarters, hasn't performed as poorly as its stock price would indicate. During that span, in the two quarters where it didn't beat analysts' estimates, the numbers were in line with consensus. And ahead of its third-quarter fiscal 2015 earnings results...


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