Zacks Research Estimates PulteGroup's Q3 Earnings (NYSE:PHM)

Key Points

• Zacks Research has revised PulteGroup's Q3 2025 earnings estimate down from $2.97 to $2.89 per share, while the consensus for the full year is $12.32 per share.
• PulteGroup recently reported Q2 earnings of $3.03 EPS, exceeding estimates, but experienced a 4.3% decline in year-over-year revenue.
• Shares of PulteGroup have a consensus rating of "Moderate Buy" with an average price target of $134.15, reflecting positive sentiment from several analysts.

PulteGroup, Inc. (NYSE:PHM - Free Report) - Analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of PulteGroup in a research report issued on Tuesday, August 5th. Zacks Research analyst R. Department now expects that the construction company will post earnings of $2.89 per share for the quarter, down from their prior forecast of $2.97. The consensus estimate for PulteGroup's current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup's Q4 2025 earnings at $2.98 EPS, FY2025 earnings at $11.46 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $3.14 EPS, Q3 2026 earnings at $3.07 EPS, Q4 2026 earnings at $3.28 EPS, FY2026 earnings at $11.76 EPS, Q1 2027 earnings at $2.68 EPS, Q2 2027 earnings at $3.48 EPS and FY2027 earnings at $13.25 EPS.

PulteGroup (NYSE:PHM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.03 EPS for the quarter, beating analysts' consensus estimates of $2.92 by $0.11. PulteGroup had a net margin of 15.50% and a return on equity of 21.01%. The company had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the previous year, the business posted $3.83 earnings per share. PulteGroup's quarterly revenue was down 4.3% on a year-over-year basis.

Several other brokerages also recently weighed in on PHM. Oppenheimer lifted their target price on PulteGroup from $132.00 to $140.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Seaport Res Ptn raised PulteGroup from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. Raymond James Financial reissued an "outperform" rating and issued a $140.00 price objective (up from $115.00) on shares of PulteGroup in a research note on Wednesday, July 23rd. Wedbush restated an "outperform" rating and set a $135.00 price objective on shares of PulteGroup in a research report on Tuesday, April 22nd. Finally, Royal Bank Of Canada lifted their target price on shares of PulteGroup from $109.00 to $112.00 and gave the company a "sector perform" rating in a report on Wednesday, July 23rd. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $134.15.

PulteGroup Stock Performance

PHM stock traded up $0.96 during trading on Thursday, hitting $121.63. The company had a trading volume of 1,491,105 shares, compared to its average volume of 2,218,561. The firm has a 50-day moving average price of $109.13 and a 200-day moving average price of $105.34. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.13. The firm has a market cap of $24.00 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 0.35 and a beta of 1.22. PulteGroup has a 1-year low of $88.07 and a 1-year high of $149.47.

Institutional Investors Weigh In On PulteGroup

Hedge funds and other institutional investors have recently modified their holdings of the stock. Trexquant Investment LP acquired a new stake in shares of PulteGroup in the fourth quarter valued at approximately $1,976,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of PulteGroup during the 4th quarter valued at $80,000. Bank of Nova Scotia grew its holdings in shares of PulteGroup by 458.5% during the 4th quarter. Bank of Nova Scotia now owns 149,056 shares of the construction company's stock worth $16,232,000 after purchasing an additional 122,365 shares during the period. APG Asset Management N.V. acquired a new stake in shares of PulteGroup in the fourth quarter worth $11,947,000. Finally, Treasurer of the State of North Carolina increased its holdings in PulteGroup by 0.7% in the 4th quarter. Treasurer of the State of North Carolina now owns 124,798 shares of the construction company's stock valued at $13,591,000 after purchasing an additional 848 shares in the last quarter. 89.90% of the stock is currently owned by institutional investors and hedge funds.

PulteGroup Company Profile

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.