PulteGroup, Inc. (PHM)

NYSE: PHM · IEX Real-Time Price · USD
44.64
+0.23 (0.52%)
Aug 16, 2022 3:35 PM EDT - Market open
0.52%
Market Cap 10.33B
Revenue (ttm) 14.95B
Net Income (ttm) 2.25B
Shares Out 231.50M
EPS (ttm) 8.94
PE Ratio 4.99
Forward PE 4.16
Dividend $0.59 (1.32%)
Ex-Dividend Date Jun 9, 2022
Volume 785,389
Open 44.12
Previous Close 44.41
Day's Range 43.63 - 45.07
52-Week Range 35.03 - 58.09
Beta 1.33
Analysts Buy
Price Target 53.72 (+20.3%)
Earnings Date Jul 26, 2022

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, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2021, it controlled 228,296 lots, of which 109,078 were owned and 119,21... [Read more...]

Industry Household Durables
Founded 1950
Employees 6,182
Stock Exchange NYSE
Ticker Symbol PHM
Full Company Profile

Financial Performance

In 2021, PulteGroup's revenue was $13.93 billion, an increase of 26.19% compared to the previous year's $11.04 billion. Earnings were $1.95 billion, an increase of 38.35%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for PHM stock is "Buy." The 12-month stock price forecast is 53.72, which is an increase of 20.34% from the latest price.

Price Target
$53.72
(20.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Homebuilder stocks drop as companies report 8th straight monthly drop in housing sentiment to the lowest reading sinc...

About 1-in-5 homebuilders reported reducing prices to boost sales or limit cancellations, according to the NAHB/Wells Fargo survey.

Other symbols: DHILENNVR

PulteGroup, Inc. (PHM) Is a Trending Stock: Facts to Know Before Betting on It

PulteGroup (PHM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Kimblewick by Del Webb's Highly Anticipated Amenity Center Set to Open Summer 2023

INDIANAPOLIS--(BUSINESS WIRE)--Del Webb, the nation's leading builder of active adult communities for those 55 and older, today announced Kimblewick by Del Webb's highly anticipated clubhouse and amenit...

Del Webb Announces New Active Adult Community in Michigan

DETROIT--(BUSINESS WIRE)--Del Webb, the nation's leading builder of active adult communities for those 55 and older, today announced its newest community in southeast Michigan, Kensington Ridge by Del W...

Investors Heavily Search PulteGroup, Inc. (PHM): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to PulteGroup (PHM). This makes it worthwhile to examine what the stock has in store.

Housing market sees inflection point as mortgage rates fall 32 basis points

CNBC's Diana Olick reports on mortgage rate data.

Other symbols: DHITMHC

2 Value Stocks That Just Beat on Earnings

PulteGroup and QUALCOMM make interesting reads and contrasts.

Other symbols: QCOM

Homebuilders are boosting incentives as they suddenly struggle to sell homes

The nation's homebuilders are now experiencing a slowdown in sales and an increase in supply.

Other symbols: ITBXHB

PulteGroup (PHM) Q2 Earnings Beat, Revenues Miss, Stock Down

PulteGroup's (PHM) Q2 results benefit from higher pricing and operating leverage. However, Fed's hawkish moves have been moderating demand which is concerning.

PulteGroup (PHM) Surpasses Q2 Earnings Estimates

PulteGroup (PHM) delivered earnings and revenue surprises of 5.81% and 2.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PulteGroup Reports Second Quarter 2022 Financial Results

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its second quarter ended June 30, 2022. For the quarter, the Company reported net income of $652 million, or ...

Earnings Exchange looks at NXP Semiconductors, PulteGroup Homes & McDonald's

Delano Saporu, New Street Advisors CEO and founder, joins ‘The Exchange' to discuss stocks ahead of earnings, including NXP Semiconductors, PulteGroup and McDonald's.

Other symbols: MCDNXPI

Pricing to Aid PulteGroup's (PHM) Homebuilding in Q2 Earnings

Higher operating leverage and average selling prices are likely to aid PulteGroup's (PHM) Q2 results for its Homebuilding segment.

PulteGroup Named One of the Fortune Best Workplaces for Millennials™ in 2022

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced it has been named among the 2022 Best Workplaces for Millennials™ by Great Place to Work® and Fortune magazine. This year the compa...

Home prices drop, is a builder boom ahead?

CNBC's Diana Olick report on a housing market turnaround as home inventories are up 28% since last year. With UBS analyst John Lovallo.

Other symbols: DHIITBKBHLENTOLXHB

U.S. housing market's underproduction crisis getting worse, new analysis finds

A nonprofit focused on housing equity and home creation is calling for more houses to be built in areas with high economic mobility, access to jobs and existing infrastructure.

Other symbols: DHILENTOL

Here is What to Know Beyond Why PulteGroup, Inc. (PHM) is a Trending Stock

PulteGroup (PHM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Get Ready for Gains in the 10-Year Housing Market Boom

Today's housing market was hot for entirely different reasons than it was in 2004-05. And it's cooling off for different reasons, too.

Is Trending Stock PulteGroup, Inc. (PHM) a Buy Now?

Recently, Zacks.com users have been paying close attention to PulteGroup (PHM). This makes it worthwhile to examine what the stock has in store.

Two United States Army Veterans Awarded New Mortgage-Free Homes in Houston Through PulteGroup's Built to Honor® Program

HOUSTON--(BUSINESS WIRE)--In a celebratory dedication event, U.S. Army Sergeant James Ford and U.S. Army Specialist Kisha Dorsey were presented with the keys to their brand-new, mortgage-free Pulte home...

Home builder stocks enjoy broad gains as Treasury yields fall to 1-month low

Shares of home builders were broadly higher Friday, as the continued drop in longer-term Treasury yields helped soothe some fears about home affordability. The iShares U.S. Home Construction ETF ITB, +4...

Other symbols: BLDRDHIITBKBHLEN

Home builder, real estate services stocks surge on surprise jump in new home sales

Shares of housing market companies enjoyed a broad rally Friday, after data showing that new home sales surprisingly rose, and sharply, in the face of other signs showing a slowdown in the housing secto...

What a PulteGroup Downgrade Says About Where the Housing Market Is Headed

Pulte is still expected to perform well compared with peers, but the outlook for the construction sector is bleak.

Home builder stocks enjoy a broad lift after housing data

Shares of home builders got a broad lift in morning trading Tuesday, as data on existing home sales assuaged some investor fears, for now, by meeting expectations. The iShares U.S. Home Construction ETF...

Other symbols: DHIITBKBHLENTOL

PulteGroup Gifts New Mortgage-Free Home to Wounded Army Veteran in Tennessee

NASHVILLE--(BUSINESS WIRE)--United States Army Specialist Christopher Lewis was presented with the keys to his new, mortgage-free Centex home during a special dedication ceremony last month. Located in ...