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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$106.88
-1.91 (-1.76%)
(As of 04/16/2024 ET)
Today's Range
$105.35
$107.63
50-Day Range
$101.45
$120.62
52-Week Range
$59.95
$121.07
Volume
1.58 million shs
Average Volume
1.79 million shs
Market Capitalization
$22.55 billion
P/E Ratio
9.10
Dividend Yield
0.75%
Price Target
$106.47

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
0.4% Downside
$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
0.51mentions of PulteGroup in the last 14 days
Based on 18 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.

4.81 out of 5 stars

Construction Sector

4th out of 96 stocks

Operative Builders Industry

2nd out of 18 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

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PulteGroup (PHM) Set to Announce Quarterly Earnings on Tuesday
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Del Webb Announces Newest North Dallas Community
Pulte Homes Announces New Boston-Area Community
PHM Jun 2025 90.000 put
PulteGroup Inc.
PulteGroup Inc
PHM Mar 2024 116.000 call
PHM Mar 2024 102.000 put
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
4/16/2024
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
-0.6%
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
$12.21 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
209,406,000
Market Cap
$22.60 billion
Optionable
Optionable
Beta
1.56

Social Links

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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 equities research analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued 12-month price objectives for PulteGroup's stock. Their PHM share price targets range from $85.00 to $136.00. On average, they anticipate the company's stock price to reach $106.47 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
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 on January 1st, 2024. Since then, PHM stock has increased by 3.5% and is now trading at $106.86.
View the best growth stocks for 2024 here
.

Are investors shorting PulteGroup?

PulteGroup saw a decrease in short interest during the month of 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 trading volume of 1,780,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.1% of the company's shares are short sold.
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) issued its quarterly earnings data on Tuesday, January, 30th. The construction company reported $3.28 earnings per share for the quarter, beating the consensus estimate of $3.21 by $0.07. The construction company earned $4.29 billion during the quarter, compared to analyst estimates of $4.47 billion. PulteGroup had a net margin of 16.20% and a trailing twelve-month return on equity of 25.97%. The company's quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter last year, the business 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 announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.20 per share on Tuesday, April 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend 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 0.72%. 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 of Directors has authorized a stock repurchase plan on Tuesday, January 30th 2024, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.5% of its stock through open market purchases. Stock repurchase plans are often an indication 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 variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.68%), BTC Capital Management Inc. (0.03%), Wealth Enhancement Advisory Services LLC (0.03%), Czech National Bank (0.02%), Park Avenue Securities LLC (0.02%) and Alaska Permanent Fund Corp (0.01%). 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 4/16/2024 by MarketBeat.com Staff

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