PulteGroup, Inc. (PHM)

NYSE: PHM · Real-Time Price · USD
110.52
+1.63 (1.50%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.50%
Market Cap 22.67B
Revenue (ttm) 17.32B
Net Income (ttm) 2.88B
Shares Out 205.08M
EPS (ttm) 13.56
PE Ratio 8.15
Forward PE 8.38
Dividend $0.82 (0.74%)
Ex-Dividend Date Dec 17, 2024
Volume 2,040,116
Open 109.17
Previous Close 108.89
Day's Range 108.57 - 111.17
52-Week Range 99.03 - 149.47
Beta 1.64
Analysts Buy
Price Target 142.71 (+29.13%)
Earnings Date Jan 30, 2025

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]

Founded 1950
Employees 6,382
Stock Exchange NYSE
Ticker Symbol PHM
Full Company Profile

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 Statements

Analyst Forecast

According to 16 analysts, the average rating for PHM stock is "Buy." The 12-month stock price forecast is $142.71, which is an increase of 29.13% from the latest price.

Price Target
$142.71
(29.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

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8 days ago - Seeking Alpha

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...

15 days ago - Business Wire

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...

20 days ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

Other symbols: DHILEN
6 weeks ago - CNBC

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. ...

Other symbols: DHI
7 weeks ago - Forbes

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 ...

Other symbols: GMPII
2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

3-Stock Lunch: General Motors, 3M & PulteGroup

Chad Morganlander, Washington Crossing Advisors, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: GMMMM
2 months ago - CNBC Television

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...

2 months ago - Seeking Alpha

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.

Other symbols: GMRTX
2 months ago - Schwab Network

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...

2 months ago - Business Wire

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.

Other symbols: DHIITBLENTMHC
2 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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...

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3 months ago - Seeking Alpha

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.

Other symbols: DHIKBHLENMTHNVRTOLXHB
3 months ago - CNBC Television

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...

Other symbols: LEN
3 months ago - Benzinga

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

Other symbols: ACGLCIEGFANGGMMKCMOH
3 months ago - Market Watch

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 ...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

Other symbols: DHILEN
4 months ago - CNBC

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...

4 months ago - Business Wire