Zacks Research Estimates PulteGroup's Q1 Earnings (NYSE:PHM)

Key Points

• Zacks Research cut its Q1 2027 EPS estimate for PulteGroup to $1.95 from $2.12, while keeping a Hold rating on the stock. The firm also laid out estimates for FY2027, Q1 2028, and FY2028 earnings.
• PulteGroup’s latest quarterly results were slightly below expectations, with EPS of $1.79 versus the $1.80 consensus, though revenue of $3.41 billion came in roughly in line. Revenue was also down 12.4% year over year.
• The company authorized a $1.5 billion share repurchase program and announced a quarterly dividend of $0.26 per share to be paid July 2, implying a 0.9% annualized yield. Analysts currently rate the stock a Moderate Buy overall with an average target price of $140.71.

PulteGroup, Inc. (NYSE:PHM - Free Report) - Stock analysts at Zacks Research reduced their Q1 2027 EPS estimates for shares of PulteGroup in a research note issued on Thursday, May 7th. Zacks Research analyst Team now expects that the construction company will earn $1.95 per share for the quarter, down from their previous forecast of $2.12. Zacks Research has a "Hold" rating on the stock. The consensus estimate for PulteGroup's current full-year earnings is $10.00 per share. Zacks Research also issued estimates for PulteGroup's FY2027 earnings at $11.07 EPS, Q1 2028 earnings at $2.46 EPS and FY2028 earnings at $13.45 EPS.

PulteGroup (NYSE:PHM - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The construction company reported $1.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.01). The company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.40 billion. PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The firm's quarterly revenue was down 12.4% on a year-over-year basis. During the same quarter last year, the company earned $2.57 EPS.

A number of other research analysts also recently issued reports on PHM. Royal Bank Of Canada upped their target price on shares of PulteGroup from $111.00 to $115.00 and gave the company a "sector perform" rating in a research report on Friday, January 30th. Evercore increased their price target on shares of PulteGroup from $146.00 to $151.00 and gave the company an "outperform" rating in a research report on Friday, April 24th. Citigroup increased their price target on shares of PulteGroup from $136.00 to $138.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Truist Financial cut their price target on shares of PulteGroup from $170.00 to $150.00 and set a "buy" rating on the stock in a research report on Thursday, April 16th. Finally, JPMorgan Chase & Co. cut their price target on shares of PulteGroup from $149.00 to $131.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 3rd. Ten analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $140.71.

PulteGroup Stock Performance

PulteGroup stock opened at $117.52 on Monday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14. PulteGroup has a 1 year low of $95.20 and a 1 year high of $144.49. The company has a market cap of $22.39 billion, a PE ratio of 11.37, a PEG ratio of 1.49 and a beta of 1.23. The company's 50-day moving average is $122.86 and its two-hundred day moving average is $124.59.

PulteGroup declared that its board has authorized a stock repurchase plan on Thursday, April 23rd that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the construction company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

PulteGroup Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, June 16th. PulteGroup's dividend payout ratio (DPR) is 10.06%.

Insider Activity at PulteGroup

In other PulteGroup news, EVP Kevin A. Henry sold 5,173 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $141.03, for a total transaction of $729,548.19. Following the sale, the executive vice president directly owned 14,673 shares in the company, valued at approximately $2,069,333.19. This trade represents a 26.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lila Snyder sold 3,339 shares of the firm's stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $117.18, for a total transaction of $391,264.02. Following the transaction, the director directly owned 3,540 shares of the company's stock, valued at $414,817.20. This represents a 48.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.75% of the company's stock.

Hedge Funds Weigh In On PulteGroup

Several hedge funds and other institutional investors have recently made changes to their positions in PHM. Cedar Mountain Advisors LLC grew its stake in shares of PulteGroup by 1,650.0% in the first quarter. Cedar Mountain Advisors LLC now owns 210 shares of the construction company's stock valued at $25,000 after buying an additional 198 shares in the last quarter. NFSG Corp bought a new position in shares of PulteGroup in the first quarter valued at $29,000. Rachor Investment Advisory Services LLC bought a new position in shares of PulteGroup in the fourth quarter valued at $31,000. HHM Wealth Advisors LLC grew its stake in shares of PulteGroup by 158.5% in the first quarter. HHM Wealth Advisors LLC now owns 274 shares of the construction company's stock valued at $32,000 after buying an additional 168 shares in the last quarter. Finally, DV Equities LLC bought a new position in shares of PulteGroup in the fourth quarter valued at $32,000. 89.90% of the stock is owned by institutional investors.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate for PulteGroup to $2.87 from $2.78, suggesting slightly better-than-expected profitability in that period.
• Positive Sentiment: Zacks Research also increased its Q4 2027 EPS estimate to $3.25 from $3.22, indicating improved longer-term earnings expectations. Article link
• Neutral Sentiment: The stock is drawing extra investor attention after being highlighted as one of Zacks.com’s most-watched names, which can increase trading interest but does not by itself change fundamentals. Article link
• Negative Sentiment: Analysts trimmed PulteGroup’s Q2 2026 EPS estimate to $2.37 from $2.60, a meaningful cut that may weigh on sentiment around near-term results.
• Negative Sentiment: Estimates were also cut for Q3 2026, Q2 2027, Q3 2027 and full-year FY2026 earnings, with FY2026 lowered to $9.70 from $9.85, reinforcing a more cautious earnings outlook. Article link

About PulteGroup

PulteGroup, Inc NYSE: PHM is a U.S.-based residential homebuilder that designs, constructs and sells single-family homes and develops master-planned communities. The company operates multiple national and regional brands that target different buyer segments, including first-time buyers, move-up buyers and active-adult customers. Its operations encompass land acquisition and development, home design and construction, community amenities and ongoing customer service and warranty programs.

PulteGroup markets homes under several well-known brands, such as Pulte Homes, Centex and Del Webb, among others, offering a range of product types from entry-level detached homes to larger, higher-end residences and age-restricted active-adult communities.

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