Zacks Research Forecasts PulteGroup's Q2 Earnings (NYSE:PHM)

PulteGroup, Inc. (NYSE:PHM - Free Report) - Research analysts at Zacks Research reduced their Q2 2025 earnings estimates for PulteGroup in a research note issued to investors on Tuesday, May 6th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $3.06 for the quarter, down from their prior forecast of $3.24. The consensus estimate for PulteGroup's current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup's Q3 2025 earnings at $2.97 EPS, Q4 2025 earnings at $3.19 EPS, FY2025 earnings at $11.79 EPS, Q3 2026 earnings at $3.17 EPS and Q4 2026 earnings at $3.45 EPS.

PulteGroup (NYSE:PHM - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The construction company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.10. PulteGroup had a return on equity of 24.43% and a net margin of 17.18%. The company had revenue of $3.89 billion during the quarter, compared to analysts' expectations of $3.86 billion. During the same period in the previous year, the business earned $3.10 earnings per share.

Several other research firms have also recently commented on PHM. The Goldman Sachs Group reduced their target price on PulteGroup from $140.00 to $124.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th. UBS Group decreased their target price on shares of PulteGroup from $151.00 to $141.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Seaport Res Ptn raised PulteGroup from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 6th. Evercore ISI increased their price objective on PulteGroup from $161.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Finally, Barclays cut their target price on shares of PulteGroup from $100.00 to $98.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 23rd. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $134.69.

PulteGroup Price Performance

PulteGroup stock traded down $0.79 during midday trading on Thursday, reaching $102.57. 1,157,169 shares of the stock were exchanged, compared to its average volume of 1,998,551. The company's fifty day moving average is $101.13 and its 200-day moving average is $112.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.86 and a current ratio of 0.86. PulteGroup has a 52 week low of $88.07 and a 52 week high of $149.47. The firm has a market cap of $20.56 billion, a PE ratio of 6.97, a PEG ratio of 0.29 and a beta of 1.37.

PulteGroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Tuesday, June 17th will be issued a dividend of $0.22 per share. The ex-dividend date is Tuesday, June 17th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.86%. PulteGroup's dividend payout ratio (DPR) is 6.21%.

PulteGroup declared that its Board of Directors has initiated a stock repurchase program on Thursday, January 30th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 6.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Insider Transactions at PulteGroup

In other PulteGroup news, VP Brien P. O'meara sold 3,500 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $106.40, for a total transaction of $372,400.00. Following the completion of the transaction, the vice president now owns 11,372 shares of the company's stock, valued at approximately $1,209,980.80. This trade represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian P. Anderson sold 2,500 shares of the company's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.45, for a total transaction of $266,125.00. Following the completion of the sale, the director now directly owns 56,617 shares in the company, valued at $6,026,879.65. This represents a 4.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,191 shares of company stock valued at $2,256,367. Corporate insiders own 0.76% of the company's stock.

Institutional Trading of PulteGroup

A number of hedge funds have recently made changes to their positions in PHM. Norges Bank purchased a new position in PulteGroup during the fourth quarter valued at $427,562,000. Pacer Advisors Inc. raised its position in shares of PulteGroup by 2,586.8% in the 1st quarter. Pacer Advisors Inc. now owns 1,166,902 shares of the construction company's stock worth $119,958,000 after purchasing an additional 1,123,471 shares during the last quarter. Amundi boosted its stake in PulteGroup by 77.9% in the 4th quarter. Amundi now owns 1,636,562 shares of the construction company's stock worth $180,775,000 after purchasing an additional 716,716 shares in the last quarter. AustralianSuper Pty Ltd grew its position in PulteGroup by 219.2% during the 1st quarter. AustralianSuper Pty Ltd now owns 1,039,107 shares of the construction company's stock valued at $106,820,000 after purchasing an additional 713,534 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in PulteGroup by 6.1% during the 4th quarter. Franklin Resources Inc. now owns 11,937,866 shares of the construction company's stock valued at $1,300,034,000 after purchasing an additional 683,592 shares in the last quarter. 89.90% of the stock is owned by institutional investors.

About PulteGroup

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.