Research Analysts Issue Forecasts for PulteGroup Q2 Earnings

PulteGroup, Inc. (NYSE:PHM - Free Report) - Equities research analysts at Seaport Res Ptn issued their Q2 2025 earnings per share (EPS) estimates for PulteGroup in a research note issued on Tuesday, April 22nd. Seaport Res Ptn analyst K. Zener expects that the construction company will earn $2.74 per share for the quarter. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for PulteGroup's current full-year earnings is $12.32 per share. Seaport Res Ptn also issued estimates for PulteGroup's Q4 2025 earnings at $2.70 EPS, FY2025 earnings at $11.02 EPS and FY2026 earnings at $10.73 EPS.

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

Other equities research analysts also recently issued research reports about the company. Evercore ISI increased their target price on PulteGroup from $161.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. Oppenheimer decreased their price target on shares of PulteGroup from $165.00 to $150.00 and set an "outperform" rating on the stock in a report on Friday, January 31st. Citigroup decreased their price target on shares of PulteGroup from $146.00 to $119.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. The Goldman Sachs Group decreased their price target on shares of PulteGroup from $140.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. Finally, Bank of America reduced their target price on PulteGroup from $135.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, January 27th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, PulteGroup presently has a consensus rating of "Moderate Buy" and a consensus price target of $134.69.

PulteGroup Stock Performance

Shares of NYSE:PHM traded down $0.36 during trading on Friday, hitting $101.38. 455,992 shares of the company were exchanged, compared to its average volume of 1,992,728. The company has a market cap of $20.32 billion, a PE ratio of 6.89, a P/E/G ratio of 0.29 and a beta of 1.44. The stock has a 50 day moving average of $101.24 and a 200 day moving average of $114.30. PulteGroup has a 52-week low of $88.07 and a 52-week high of $149.47. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86.

Institutional Investors Weigh In On PulteGroup

Several hedge funds and other institutional investors have recently made changes to their positions in PHM. Norges Bank purchased a new stake in shares of PulteGroup in the fourth quarter valued at $427,562,000. Amundi raised its stake in shares of PulteGroup by 77.9% in the fourth quarter. Amundi now owns 1,636,562 shares of the construction company's stock valued at $180,775,000 after acquiring an additional 716,716 shares during the period. Franklin Resources Inc. increased its stake in PulteGroup by 6.1% in the 4th quarter. Franklin Resources Inc. now owns 11,937,866 shares of the construction company's stock worth $1,300,034,000 after buying an additional 683,592 shares during the period. Man Group plc increased its stake in PulteGroup by 136.8% in the 4th quarter. Man Group plc now owns 988,963 shares of the construction company's stock worth $107,698,000 after buying an additional 571,251 shares during the period. Finally, Voloridge Investment Management LLC purchased a new position in PulteGroup in the 4th quarter worth about $47,133,000. Hedge funds and other institutional investors own 89.90% of the company's stock.

Insider Activity

In other PulteGroup news, Director Brian P. Anderson sold 2,500 shares of the company's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.45, for a total value of $266,125.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Todd N. Sheldon sold 15,191 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $106.50, for a total transaction of $1,617,841.50. Following the completion of the transaction, the executive vice president now owns 74,758 shares of the company's stock, valued at approximately $7,961,727. The trade was a 16.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,191 shares of company stock valued at $2,256,367 over the last ninety days. 0.76% of the stock is currently owned by corporate insiders.

PulteGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend was Tuesday, March 18th. PulteGroup's payout ratio is currently 6.21%.

PulteGroup declared that its board has approved a stock buyback program on Thursday, January 30th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 6.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

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.