PulteGroup, Inc. (PHM)
| Market Cap | 29.94B |
| Revenue (ttm) | 16.85B |
| Net Income (ttm) | 2.82B |
| Shares Out | 207.52M |
| EPS (ttm) | 13.10 |
| PE Ratio | 11.01 |
| Forward PE | 11.26 |
| Dividend | $0.80 (0.55%) |
| Ex-Dividend Date | Sep 17, 2024 |
| Volume | 2,279,360 |
| Open | 148.75 |
| Previous Close | 149.04 |
| Day's Range | 143.84 - 149.44 |
| 52-Week Range | 68.80 - 149.44 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 142.77 (-1.03%) |
| 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 $142.77, which is a decrease of -1.03% from the latest price.
News
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...
Housing Stocks Could Get Squeezed Even Higher, Thanks to Eventual Fed Rate Cuts
Short sellers have targeted top home builders' stocks. But lower mortgage rates could spark further demand for new homes.
PulteGroup Shares Build Investor Wealth
Fantastic earnings results from homebuilder PulteGroup, Inc. (PHM) are making its stock rise.
PulteGroup: Look Past Softer Orders In Q2
PulteGroup, Inc. has seen a strong performance in the past year, with shares rising over 55% amid a resilient housing market. Despite reporting solid earnings, shares dropped 2% likely due to profit t...
PulteGroup Inc. (PHM) Q2 2024 Earnings Call Transcript
PulteGroup Inc. (NYSE:PHM) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants James Zeumer - Vice President, Investor Relations Ryan Marshall - President and Chief Executi...
Pulte climbs on Q2 earnings and revenue beat, boosted by increased closings
PulteGroup Inc. shares rose in pre-market trades Tuesday after the home builder's second-quarter results topped earnings and revenue estimates, with profits boosted by increases in closings and averag...
PulteGroup Reports Second Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its second quarter ended June 30, 2024. For the quarter, the Company reported net income of $809 million, o...
Builder Stocks Are Riding High. What to Watch With Pulte's Earnings.
PulteGroup is expected to beat estimates when it reports second-quarter earnings on Tuesday, according to FactSet.
PulteGroup CFO Bob O'Shaughnessy Announces Plan to Retire in 2025
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that Bob O'Shaughnessy, Executive Vice President and Chief Financial Officer, has notified the Company that he intends to retire ...
Homebuilder Stocks Rise As Milder Inflation Fuels Rate Cut Hopes
Homebuilder stocks jumped Thursday on hopes that mortgage rates will start to significantly downshift this year.
Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes
Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve...
Falling lumber costs may bring homebuilding cost relief, says BofA's Rafe Jafrosich
Rafe Jafrosich, homebuilders and building products analyst at Bank of America Securities, joins CNBC's 'The Exchange' to discuss building costs, the housing trade, and more.