PulteGroup, Inc. (PHM)
| Market Cap | 21.43B |
| Revenue (ttm) | 17.95B |
| Net Income (ttm) | 3.08B |
| Shares Out | 202.46M |
| EPS (ttm) | 14.69 |
| PE Ratio | 7.20 |
| Forward PE | 8.59 |
| Dividend | $0.88 (0.83%) |
| Ex-Dividend Date | Mar 18, 2025 |
| Volume | 1,694,342 |
| Open | 104.40 |
| Previous Close | 104.86 |
| Day's Range | 103.97 - 106.07 |
| 52-Week Range | 101.13 - 149.47 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 140.86 (+33.09%) |
| Earnings Date | Jan 30, 2025 |
About PHM
PulteGroup, Inc., through its subsidiaries, engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names. In addition, the company arranges financing through the origination of mortgage loans for homebuyers;... [Read more]
Financial Performance
In 2024, PulteGroup's revenue was $17.95 billion, an increase of 11.74% compared to the previous year's $16.06 billion. Earnings were $3.08 billion, an increase of 18.91%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PHM stock is "Buy." The 12-month stock price forecast is $140.86, which is an increase of 33.09% from the latest price.
News
PulteGroup Pilots Innovative New Construction Process
ATLANTA--(BUSINESS WIRE)--PulteGroup (NYSE: PHM), one of the nation's largest homebuilders, continued to test innovative new technologies with the successful pilot of robotic-assisted construction. Th...
Home Builder Stocks Are on Track for Worst February in 5 Years. What's Dragging Them Down.
High construction costs, rising mortgage rates, and looming tariffs are pressuring the stocks.
PulteGroup Announces Quarterly Cash Dividend of $0.22 Per Share
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable April 2, 2025, to shareholders of...
PulteGroup Expands Build Your Future Scholarship in 2025 to Build Next Generation Leaders and Workforce for Homebuilding Industry
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) has partnered with The SkillPointe Foundation to launch a new $100,000 investment in scholarships that began last month for individuals of all ba...
Homebuilder Stocks Sink on Worries Trump Tariffs Could Raise Costs
Shares of several homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs.
Tariffs Could Make Buying a Home More Expensive. Builder Stocks Are Down.
Tariffs on lumber and other building materials increase the cost of construction, and consumers are likely to foot the bill.
PulteGroup: Cheap With High Demand In 2025
PulteGroup, Inc. reported a strong Q4 with a 17.2% revenue increase, driven by higher home closings and average selling prices. Despite margin pressures, PulteGroup's administrative expenses improved ...
PulteGroup Inc. (PHM) Q4 2024 Earnings Call Transcript
PulteGroup Inc. (NYSE:PHM) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Robert O'Shaughnessy - Executive Vice President & Chief Financial Officer Ryan Marshall - ...
PulteGroup Reports Fourth Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter ended December 31, 2024. For the quarter, the Company reported net income of $913 millio...
PulteGroup Announces $1.5 Billion Increase to Share Repurchase Authorization
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has approved a $1.5 billion increase to the Company's share repurchase authorization. This increase b...
Homebuilders Are Drastically Mispriced Given Growth Outlook
Homebuilder stocks are trading at low multiples despite consensus estimates predicting 22%-82% earnings growth by 2028, indicating potential undervaluation. The U.S. housing market faces an affordabil...
D.R. Horton, Pulte, Smith Douglas downgraded on chilly spring home-building outlook
A mostly challenging outlook for home builders caused analysts to reshuffle ratings on most of the big names in the sector on Monday.
PulteGroup Reveals Home Design Trends for 2025
ATLANTA--(BUSINESS WIRE)--What's next in home design? The dedicated design team at PulteGroup Inc. (NYSE: PHM), one of the nation's largest home builders, today unveiled its 2025 design trends forecas...
Home Builders Stocks Get Hit Hard as Mortgage Rates Climb. The Strong Jobs Report Won't Help.
Surging bond yields are hurting housing stocks. It could get worse before there's finally a bottom.
PANW Pressure from Downgrades, PHM Upgrade, FLUT Cuts Guidance
A positive note for the homebuilders after UBS upgraded Pultegroup (PHM) to buy. Palo Alto Networks (PANW) didn't see that same positivity after two analysts downgraded the stock, citing headwinds for...
This Analyst With 85% Accuracy Rate Sees Around 16% Downside In Tesla - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks settled higher on Friday, with the S&P 500 and Nasdaq Composite snapping a five-day losing streak.
Homebuilder stocks plunge in December
CNBC's Diana Olick joins 'The Exchange' with the latest on the latest housing and homebuilder data.
14 Upcoming Dividend Increases
I focus on companies consistently increasing dividends and beating benchmarks, using data from the U.S. Dividend Champions spreadsheet and NASDAQ. The list includes companies with at least five years ...
PulteGroup's Fourth Quarter 2024 Earnings Release and Webcast Conference Call Scheduled for January 30, 2025
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2024 financial results before the market opens on Thursday, January 30, 2025. The Company...
PulteGroup: A Top Homebuilder For 2025
In this article, I revisit the homebuilders to assess which is my top choice to lead the industry in 2025. PulteGroup remains my favorite pick due to its solid fundamentals, diversified portfolio, and...
PulteGroup Increases Quarterly Cash Dividend by 10% to $0.22 Per Share
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has voted to increase the Company's quarterly cash dividend by 10% to $0.22 per common share. The inc...
PulteGroup Honors Veterans with Three New Mortgage-Free Homes, Approaches Historic 100-Home Milestone
ATLANTA--(BUSINESS WIRE)--Leading into Veterans Day, PulteGroup (NYSE: PHM) is announcing three home dedication ceremonies through its Built to Honor® program. These ceremonies bring the company close...
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
The average rate on the 30-year fixed mortgage surged 9 basis points Wednesday to 7.13%, according to Mortgage News Daily. Housing stocks reacted in turn, with both the big public builders and buildin...
Why DR Horton & Pulte Group Are Underperforming Despite Rate Cuts
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has gained about 23% year-to-date. ...
Navigating Earnings Season: A Tale Of Three Companies
GM defied expectations this earnings season by offsetting EV headwinds and labor costs with higher vehicle pricing, signaling strong profit potential despite broader industry challenges. Homebuilders ...