S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$105.43
-0.53 (-0.50%)
(As of 04/19/2024 ET)
Today's Range
$104.60
$107.99
50-Day Range
$101.45
$120.62
52-Week Range
$62.18
$121.07
Volume
2.32 million shs
Average Volume
1.48 million shs
Market Capitalization
$22.24 billion
P/E Ratio
8.98
Dividend Yield
0.76%
Price Target
$106.47

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
1.0% Upside
$106.47 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
0.69mentions of PulteGroup in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$206,180 Sold Last Quarter
Proj. Earnings Growth
8.99%
From $11.79 to $12.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Construction Sector

4th out of 102 stocks

Operative Builders Industry

2nd out of 17 stocks

PHM stock logo

About PulteGroup Stock (NYSE: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 primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

PHM Stock Price History

PHM Stock News Headlines

3 Stocks With Unusual Call Option Activity (PHM)
Three stocks reported rising call option buying activity could see even higher prices soon. Analysts see the writing on the wall, and traders stampeded in
PulteGroup (NYSE:PHM) Shares Gap Up to $106.15
Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
PulteGroup Sees Unusually Large Options Volume (NYSE:PHM)
PulteGroup (PHM) Set to Announce Quarterly Earnings on Tuesday
Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
Watch out for 8% for mortgage rates
Del Webb Announces Newest North Dallas Community
Pulte Homes Announces New Boston-Area Community
PHM Jun 2025 90.000 put
PulteGroup Inc.
PulteGroup Inc
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 4/2 Dividend
3/14/2024
Dividend Payable
4/02/2024
Today
4/21/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
74586710
Employees
6,382
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$106.47
High Stock Price Target
$136.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+1.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
21.48%

Debt

Sales & Book Value

Annual Sales
$16.06 billion
Cash Flow
$12.58 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
209,237,000
Market Cap
$22.24 billion
Optionable
Optionable
Beta
1.56

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Key Executives

Should I Buy PulteGroup Stock? PHM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PulteGroup, Inc.:

  • PulteGroup, Inc. has shown consistent growth in the homebuilding industry, indicating stability and potential for long-term returns.
  • The company offers a diverse range of home designs under various brand names, catering to different market segments and increasing market reach.
  • Recent developments in the housing market have been favorable, with increasing demand for residential properties, benefiting companies like PulteGroup.
  • PulteGroup's stock price has been performing well, showing positive momentum and potential for capital appreciation.
  • The company's strategic focus on financing options for homebuyers enhances customer accessibility and boosts sales volume.

Cons

Investors should be bearish about investing in PulteGroup, Inc. for these reasons:

  • The homebuilding industry is subject to economic cycles and market fluctuations, posing risks of downturns during economic slowdowns.
  • Regulatory changes in the housing sector could impact PulteGroup's operations and profitability, leading to uncertainties for investors.
  • Competition in the homebuilding market is intense, with other major players vying for market share, potentially affecting PulteGroup's growth prospects.
  • Interest rate fluctuations can influence mortgage rates, affecting homebuyers' affordability and ultimately impacting PulteGroup's sales volume.
  • External factors such as natural disasters or unforeseen events can disrupt construction projects, leading to delays and additional costs for the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these PulteGroup pros and cons to contact@marketbeat.com.

PHM Stock Analysis - Frequently Asked Questions

Should I buy or sell PulteGroup stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PHM shares.
View PHM analyst ratings
or view top-rated stocks.

What is PulteGroup's stock price target for 2024?

13 Wall Street research analysts have issued 1 year price objectives for PulteGroup's shares. Their PHM share price targets range from $85.00 to $136.00. On average, they predict the company's stock price to reach $106.47 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for PHM
or view top-rated stocks among Wall Street analysts.

How have PHM shares performed in 2024?

PulteGroup's stock was trading at $103.22 at the start of the year. Since then, PHM shares have increased by 2.1% and is now trading at $105.43.
View the best growth stocks for 2024 here
.

Are investors shorting PulteGroup?

PulteGroup saw a decrease in short interest in March. As of March 31st, there was short interest totaling 4,360,000 shares, a decrease of 29.0% from the March 15th total of 6,140,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.1% of the company's stock are sold short.
View PulteGroup's Short Interest
.

When is PulteGroup's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our PHM earnings forecast
.

How can I listen to PulteGroup's earnings call?

PulteGroup will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were PulteGroup's earnings last quarter?

PulteGroup, Inc. (NYSE:PHM) posted its quarterly earnings data on Tuesday, January, 30th. The construction company reported $3.28 earnings per share for the quarter, topping analysts' consensus estimates of $3.21 by $0.07. The construction company earned $4.29 billion during the quarter, compared to analysts' expectations of $4.47 billion. PulteGroup had a net margin of 16.20% and a trailing twelve-month return on equity of 25.97%. The business's quarterly revenue was down 15.5% on a year-over-year basis. During the same period in the prior year, the company earned $3.63 earnings per share.
Read the conference call transcript
.

How often does PulteGroup pay dividends? What is the dividend yield for PulteGroup?

PulteGroup declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.20 per share on Tuesday, April 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for PHM
.

Is PulteGroup a good dividend stock?

PulteGroup (NYSE:PHM) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.76%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 6.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHM will have a dividend payout ratio of 6.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PHM.

How will PulteGroup's stock buyback program work?

PulteGroup declared that its board has authorized a share repurchase plan on Tuesday, January 30th 2024, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

What is Ryan R. Marshall's approval rating as PulteGroup's CEO?

29 employees have rated PulteGroup Chief Executive Officer Ryan R. Marshall on Glassdoor.com. Ryan R. Marshall has an approval rating of 95% among the company's employees. This puts Ryan R. Marshall in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of PulteGroup own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PulteGroup investors own include Bank of America (BAC), NVIDIA (NVDA), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Alibaba Group (BABA), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Netflix (NFLX) and D.R. Horton (DHI).

Who are PulteGroup's major shareholders?

PulteGroup's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.68%), Allspring Global Investments Holdings LLC (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), State of Michigan Retirement System (0.04%), Oliver Luxxe Assets LLC (0.03%) and BTC Capital Management Inc. (0.03%). Insiders that own company stock include Brian P Anderson, Brien P O'meara, John J Chadwick, Robert Oshaughnessy, Ryan Marshall and Todd N Sheldon.
View institutional ownership trends
.

How do I buy shares of PulteGroup?

Shares of PHM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PulteGroup have any subsidiaries?
The following companies are subsidiares of PulteGroup: American West, Centex Construction Of New Mexico LLC, Centex Development Company L.P., Centex Homes, Centex Homes LLC, Centex International II LLC, Centex LLC, Centex Real Estate Company LLC, Contractors Insurance Company of North America Inc., DW Homebuilding Co., Dean Realty Company, Del Webb California Corp., Del Webb Communities Inc., Del Webb Communities of Illinois Inc., Del Webb Corporation, Del Webb Home Construction Inc., Del Webb Limited Holding Co., Del Webb Texas Limited Partnership, Del Webb's Coventry Homes Inc., DiVosta Building LLC, DiVosta Homes Holdings LLC, DiVosta Homes L.P., Innovative Construction Group, Nomas LLC, North American Builders Indemnity Company, PH 19 Corporation, PH 43 LLC, PH 55 LLC, PH1 Corporation, PHNE Business Trust, PN II Inc., Potomac Yard Development LLC, Preserve II Inc., Pulte Arizona Services Inc., Pulte Development Corporation, Pulte Development New Mexico Inc., Pulte Diversified Company LLC, Pulte Home Company LLC, Pulte Home Corporation of The Delaware Valley, Pulte Homes Tennessee Inc., Pulte Homes Tennessee Limited Partnership, Pulte Homes of California Inc., Pulte Homes of Indiana LLC, Pulte Homes of Michigan LLC, Pulte Homes of Minnesota LLC, Pulte Homes of NJ Limited Partnership, Pulte Homes of New England LLC, Pulte Homes of New Mexico Inc., Pulte Homes of New York LLC, Pulte Homes of Ohio LLC, Pulte Homes of PA Limited Partnership, Pulte Homes of Texas L.P., Pulte Homes of Washington Inc., Pulte Interiors LLC, Pulte Land Company LLC, Pulte Mortgage LLC, Pulte Nevada I LLC, Pulte Payroll Corporation, Pulte Purchasing Corporation, Pulte Realty Holding Company LLC, Pulte Realty Limited Partnership, Pulte Texas Holdings LLC, Pulte/BP Murrieta Hills LLC, RN Acquisition 2 Corp., and Terravita Home Construction Co..
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This page (NYSE:PHM) was last updated on 4/21/2024 by MarketBeat.com Staff

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