PulteGroup, Inc. (PHM)

NYSE: PHM · IEX Real-Time Price · USD
+0.04 (0.05%)
At close: Sep 22, 2023, 4:02 PM
+0.30 (0.41%)
After-hours: Sep 22, 2023, 7:59 PM EDT
Market Cap 16.23B
Revenue (ttm) 16.88B
Net Income (ttm) 2.76B
Shares Out 219.44M
EPS (ttm) 12.04
PE Ratio 6.14
Forward PE 6.45
Dividend $0.64 (0.87%)
Ex-Dividend Date Sep 15, 2023
Volume 1,558,473
Open 74.43
Previous Close 73.90
Day's Range 73.33 - 74.61
52-Week Range 35.99 - 86.16
Beta 1.39
Analysts Buy
Price Target 86.80 (+17.39%)
Earnings Date Oct 24, 2023

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, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,26... [Read more]

Founded 1950
Employees 6,524
Stock Exchange NYSE
Ticker Symbol PHM
Full Company Profile

Financial Performance

In 2022, PulteGroup's revenue was $16.23 billion, an increase of 16.53% compared to the previous year's $13.93 billion. Earnings were $2.62 billion, an increase of 34.48%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PHM stock is "Buy." The 12-month stock price forecast is $86.8, which is an increase of 17.39% from the latest price.

Price Target
(17.39% upside)
Analyst Consensus: Buy
Stock Forecasts


Homebuilder stocks take a broad beating as rising long-term interest rates raises affordability concerns

Shares of home builders took a broad beating Thursday, amid growing concerns over housing affordability as interest rates have been surging. The iShares U.S. Home Construction ETF ITB dropped 2.6% in ...

2 days ago - Market Watch

Deutsche Bank analyst on the state of housing: Prices should remain stable

Joe Ahlersmeyer, Deutsche Bank analyst, joins 'The Exchange' to discuss the health of housing as housing starts fell to its lowest level since 2020 amid high mortgage rates.

4 days ago - CNBC Television

Why Surging Mortgage Rates Aren't Denting Homebuilders Like Pulte Group Stock

This compares to the S&P 500 which remains up by about 17% over the same period.

9 days ago - Forbes

First-Time Homebuyers Undeterred by Rising Mortgage Interest Rates

ATLANTA--(BUSINESS WIRE)--In a recent survey of first-time homebuyers released today by PulteGroup (NYSE: PHM), one of the nation's largest homebuilders, respondents were resoundingly clear that achie...

9 days ago - Business Wire

PulteGroup's Third Quarter 2023 Earnings Release and Webcast Conference Call Scheduled for October 24, 2023

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its third quarter 2023 financial results before the market opens on Tuesday, October 24, 2023. The Company w...

10 days ago - Business Wire

PulteGroup Receives New $300,000 Commitment From Pulte Family Charitable Foundation to Support Built to Honor® Program

ATLANTA--(BUSINESS WIRE)--PulteGroup is proud to receive a new three-year, $300,000 commitment from the Pulte Family Charitable Foundation, the philanthropic organization directed by the family of Pul...

11 days ago - Business Wire

PulteGroup Announces Quarterly Cash Dividend of $0.16 Per Share

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.16 per common share payable October 3, 2023, to shareholders ...

17 days ago - Business Wire

PulteGroup stock leads S&P 500 losers amid beatdown of homebuilder sector as Treasury yields climb

Shares of PulteGroup Inc. PHM, -5.77% took a 5.7% dive in afternoon trading Tuesday, enough to pace the S&P 500's SPX, -0.27% decliners, amid concerns that new home purchases will be hurt as Treasury ...

18 days ago - Market Watch

Builder Stocks Are Falling. Blame the Treasury Yield.

The gain in the 10-year Treasury yield signals more increases in mortgage rates, which have remained high this year relative to their historic lows earlier in the pandemic.

Other symbols: DHIITBLENXHB
18 days ago - Barrons

PulteGroup's Built to Honor® Program Presents U.S. Army Veteran with Keys to New Mortgage-Free Home in Georgia

ATLANTA--(BUSINESS WIRE)--PulteGroup's Built to Honor® program has welcomed U.S. Army Staff Sergeant Daniel Karafiat and his family to their new mortgage-free Centex home in Bethlehem, Georgia. The ho...

23 days ago - Business Wire

Homebuilders are adjusting their supply to maintain affordability in high rate times: Evercore's Kim

Stephen Kim, homebuilder sector analyst at ISI, joins 'Squawk on the Street' to discuss geographic changes informing Toll Brothers construction plans, builders issuing incentive programs to appeal to ...

4 weeks ago - CNBC Television

Why Homebuilders Like Lennar And Pulte Group Are Faring Well Despite Surging Mortgage Rates

This compares to the S&P 500 which remains up by about 14% over the same period.

Other symbols: LEN
4 weeks ago - Forbes

Stock screen spotlights 20 companies whose 2024 earnings estimates have risen most sharply

With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...

5 weeks ago - Market Watch

Dividend Stocks Lag Behind 2023 Market Rally as AI Stocks Surge

That's important, because investors who rely on income may be disappointed in their 2023 return. According to S&P Dow Jones Indices, since 1926, dividends have contributed approximately 32% of the tot...

6 weeks ago - MarketBeat

PulteGroup Inc: A High-Performing Giant in the Homebuilding & Construction Industry

PulteGroup Inc ( PHM , Financial), a prominent player in the Homebuilding & Construction industry, is currently trading at $84.3 per share. With a market capitalization of $18.51 billion, the company'...

7 weeks ago - GuruFocus

PulteGroup Dedicates New Mortgage-Free Home in Southwest Florida to U.S. Army Veteran and Family

LAKEWOOD RANCH, Fla.--(BUSINESS WIRE)--In its 10th year of providing mortgage-free homes to deserving veterans, national homebuilder PulteGroup has dedicated a new home to U.S. Army Sergeant First Cla...

7 weeks ago - Business Wire

Zausmer Law Firm: Lawsuit by another PulteGroup Whistleblower accuses Top Executives of Racial Discrimination and Love Affairs at Atlanta Headquarters

ATLANTA--(BUSINESS WIRE)--A specialist responsible for catering to the whims of executives and managers at PulteGroup's Atlanta headquarters is blowing the whistle on discriminatory practices he witne...

2 months ago - Business Wire

Skeptics In Pulte Homes Next Bull Run May Get Burnt

The residential construction sector has seen a stratospheric rise during the past year and a half, with leading dynamics in the underlying economy fueling further demand for housing and further amplif...

2 months ago - MarketBeat

Is PulteGroup Inc (PHM) Stock Modestly Overvalued? An In-depth Analysis

As of July 25, 2023, PulteGroup Inc ( PHM , Financial) exhibited a positive day's change of 6.09%, with its stock priced at $83.31 per share. With a market cap of $18.6 billion and sales of $16.6 bill...

2 months ago - GuruFocus

PulteGroup Reports Second Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its second quarter ended June 30, 2023. For the quarter, the Company reported net income of $720 million, o...

2 months ago - Business Wire

Why Homebuilder Stocks Are Soaring This Year

Our theme of Housing Stocks has fared well thus far in 2023, rising by a solid 50% year-to-date.

Other symbols: HD
2 months ago - Forbes

Will a Decrease in Housing Starts Hurt Homebuilder Stocks?

Homebuilders traded lower as a group on July 19, ending the session down 0.20% after the National Association of Homebuilders reported that June housing starts fell more than expected.

Other symbols: DHILENNVRTOL
2 months ago - MarketBeat

Zausmer Law Firm: Statement from plaintiffs in the case Hartsfield, Turnbow and Hunter vs. PulteGroup, Inc. et al.

LANSING, Mich.--(BUSINESS WIRE)--According to Idus Hartsfield, Richard Turnbow and Roderick Hunter, “While we sued PulteGroup after suffering racial discrimination, we have decided to withdraw this pa...

2 months ago - Business Wire

What tech boom? A homebuilder, 3 cruise lines, and Chipotle have all outperformed Apple and Microsoft on the S&P 500 this year

The tech stock boom has some of its thunder stolen by outperformers from other industries.  A homebuilder stock, three cruise operators, and Chipotle have all outperformed Apple and Netflix on the S&P...

Other symbols: CCLCMGNCLHRCL
2 months ago - Business Insider

Housing Demand Gives Home Builders a Solid Foundation for More Gains

Home-builder stocks D.R. Horton, Lennar, and NVR are up between 29% and 33% this year, well above the S&P 500's 13% gain.

Other symbols: DHIGRBKLENNVR
2 months ago - Barrons