PulteGroup, Inc. (PHM)
Market Cap | 26.26B |
Revenue (ttm) | 17.32B |
Net Income (ttm) | 2.88B |
Shares Out | 205.08M |
EPS (ttm) | 13.56 |
PE Ratio | 9.44 |
Forward PE | 9.61 |
Dividend | $0.80 (0.62%) |
Ex-Dividend Date | Sep 17, 2024 |
Volume | 863,510 |
Open | 128.38 |
Previous Close | 128.51 |
Day's Range | 127.02 - 128.60 |
52-Week Range | 86.59 - 149.47 |
Beta | 1.64 |
Analysts | Buy |
Price Target | 145.00 (+13.23%) |
Earnings Date | Oct 22, 2024 |
About PHM
PulteGroup, Inc., through its subsidiaries, primarily 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 prima... [Read more]
Financial Performance
In 2023, PulteGroup's revenue was $16.06 billion, an increase of 0.37% compared to the previous year's $16.00 billion. Earnings were $2.59 billion, a decrease of -0.32%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PHM stock is "Buy." The 12-month stock price forecast is $145.0, which is an increase of 13.23% from the latest price.
News
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 ...
PulteGroup Ranks #20 On 2024 Fortune Best Workplaces For Women™ List
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) has been selected by Great Place To Work® and Fortune magazine as one of the 2024 Fortune Best Workplaces for Women™ for the fifth consecutive ye...
PulteGroup: Margins A Concern In A Mixed Q3 (Downgrade)
PulteGroup shares fell 7% after Q3 earnings amid fears of rising mortgage rates despite Fed cuts could reduce housing demand. Q3 EPS beat estimates, but new orders fell 0.5% while increased incentives...
3-Stock Lunch: General Motors, 3M & PulteGroup
Chad Morganlander, Washington Crossing Advisors, joins 'Power Lunch' to discuss stock plays for three stocks.
PulteGroup Inc. (PHM) Q3 2024 Earnings Call Transcript
PulteGroup Inc. (NYSE:PHM) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants James Zeumer - Vice President, Investor Relations Ryan Marshall - President and Chief Exec...
GM Hits the Gas, PHM Plunges, RTX Reaches All-Time High
Earnings season continues to lead the headlines. The biggest company to report, General Motors (GM), rallied off a beat and guidance boost.
PulteGroup Reports Third Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its third quarter ended September 30, 2024. For the quarter, the Company reported net income of $698 millio...
Florida Is A Top State For New Home Builds — Could Hurricane Milton Slow It Down? 4 Homebuilder Stocks That Could Come Under Pressure
Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market.
PulteGroup: Well Poised For Rate Cuts
Homebuilders have struggled so far in 2024, but PHM is poised to benefit from positive economic conditions, potentially rallying into the end of the year and possibly 2025. PHM's diversified brand str...
Our Top 10 Dividend Growth Stocks - September 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
UBS' John Lovallo on homebuilder stocks
John Lovallo, UBS homebuilders analyst, joins 'The Exchange' to discuss why he is bullish on builders, how lower interest rates will affect the stocks and housing market, and more.
Homebuilder Giants Lennar, PulteGroup Hit New 52-Week Highs As Rate Cut Closes In
Homebuilder stocks are hitting new highs as anticipation builds ahead of the Federal Reserve's upcoming rate cut decision. Both Lennar Corp LEN and PulteGroup, Inc. PHM surged to 52-week highs on Sept...
10 ‘enhanced value' stocks of companies expected to grow quickly through 2026
A narrowly focused screen of value stocks highlights stocks trading cheaply to book value, sales and earnings, but which are also expected to increase sales per share rapidly
PulteGroup Announces Quarterly Cash Dividend of $0.20 Per Share
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.20 per common share payable October 2, 2024, to shareholders ...
PulteGroup's Third Quarter 2024 Earnings Release and Webcast Conference Call Scheduled for October 22, 2024
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its third quarter 2024 financial results before the market opens on Tuesday, October 22, 2024. The Company w...
PulteGroup Honors Two Veterans with New Mortgage-Free Homes in Orlando
ORLANDO, Fla.--(BUSINESS WIRE)--On August 19, the EverBe community in Orlando became the site of new beginnings for two American heroes. PulteGroup, one of the nation's leading homebuilders, presented...
How the 2024 election could impact homebuilder stocks
A housing shortage has supercharged the financial performance of large single-family homebuilders in the U.S. as the industry consolidates.
PulteGroup, Inc. Names New Chief Information Officer
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) (the “Company”) is pleased to announce the appointment of Mike Guhl as Senior Vice President and Chief Information Officer (CIO), effective Augus...
Our Top 10 Dividend Growth Stocks - August 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
Cramer's Mad Dash: PulteGroup
CNBC's Jim Cramer delivers his daily Mad Dash.
PulteGroup: A Top Homebuilder For Dividend Growth And Total Return
Homebuilders have absolutely crushed the broader market over the past decade, nearly doubling the total return of the S&P 500. After screening the Homebuilding industry for high-growth, dividend-payin...