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QQQ   387.29
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PulteGroup Stock Price, News & Analysis (NYSE:PHM)

$90.92
-0.10 (-0.11%)
(As of 12/5/2023 ET)
Compare
Today's Range
$90.50
$91.60
50-Day Range
$69.65
$91.02
52-Week Range
$42.78
$91.60
Volume
1.58 million shs
Average Volume
2.59 million shs
Market Capitalization
$19.60 billion
P/E Ratio
7.39
Dividend Yield
0.70%
Price Target
$90.06

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
0.9% Downside
$90.06 Price Target
Short Interest
Healthy
2.93% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
0.81mentions of PulteGroup in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.48%
From $11.50 to $11.33 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Construction Sector

8th out of 81 stocks

Operative Builders Industry

3rd out of 14 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, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. 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. The company was founded in 1950 and is headquartered in Atlanta, Georgia.

PHM Stock Price History

PHM Stock News Headlines

Home sales hit a 13-year low... what now? (PHM)
Here's the whole real estate strategy in a nutshell, you can copy Buffett's plan, or play a completely new one of your own. You can't help but make money
From laggards to leaders: Small caps on the rise (PHM)
Despite large-cap dominance, signs suggest a shift to small-cap leadership. Valuations, positive Q3 results, and historical patterns point to potential gains.
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Home prices expected to drop, but homebuilders remain strong (PHM)
Morgan Stanley predicts home prices may drop, but builder stocks, including PulteGroup and Toll Brothers, have defied expectations with a November surge
What Me Worry? Consumer stocks surge despite high inflation (PHM)
Despite inflation and recession worries, consumer discretionary stocks, driven by sectors like apparel, restaurants and travel, outpaced expectations in 2023
Homebuilder stocks soar as sector outpaces the market
Few sectors have impressed as significantly as the homebuilder sector in recent weeks. The Homebuilders ETF (NYSE: XHB) has risen over 16% over the last month.
PulteGroup Set To Reenter Salt Lake City Market After Nearly Two Decades
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
8 Analysts Have This to Say About PulteGroup
PulteGroup (NYSE:PHM) Is Increasing Its Dividend To $0.20
Red-Hot Homebuilding Stock Flashing Bull Signal
Expert Ratings for PulteGroup
See More Headlines
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Company Calendar

Ex-Dividend for 10/3 Dividend
9/15/2023
Dividend Payable
10/03/2023
Last Earnings
10/24/2023
Today
12/05/2023
Ex-Dividend for 1/3 Dividend
12/18/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/03/2024
Next Earnings (Estimated)
1/30/2024

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
74586710
Employees
6,524
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$90.06
High Stock Price Target
$117.00
Low Stock Price Target
$50.00
Potential Upside/Downside
-0.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
18 Analysts

Profitability

Net Income
$2.62 billion
Pretax Margin
21.64%

Debt

Sales & Book Value

Annual Sales
$16.23 billion
Cash Flow
$11.69 per share
Book Value
$39.51 per share

Miscellaneous

Free Float
213,806,000
Market Cap
$19.60 billion
Optionable
Optionable
Beta
1.45

Social Links

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Key Executives















PHM Stock Analysis - Frequently Asked Questions

Should I buy or sell PulteGroup stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street 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?

18 brokers have issued 12-month price targets for PulteGroup's stock. Their PHM share price targets range from $50.00 to $117.00. On average, they anticipate the company's stock price to reach $90.06 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for PHM
or view top-rated stocks among Wall Street analysts.

How have PHM shares performed in 2023?

PulteGroup's stock was trading at $45.53 at the beginning of 2023. Since then, PHM stock has increased by 99.7% and is now trading at $90.92.
View the best growth stocks for 2023 here
.

Are investors shorting PulteGroup?

PulteGroup saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 7,340,000 shares, a drop of 20.1% from the October 15th total of 9,190,000 shares. Based on an average trading volume of 2,390,000 shares, the short-interest ratio is presently 3.1 days. Currently, 3.4% 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, January 30th 2024.
View our PHM earnings forecast
.

How were PulteGroup's earnings last quarter?

PulteGroup, Inc. (NYSE:PHM) issued its quarterly earnings results on Tuesday, October, 24th. The construction company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.07. The construction company had revenue of $4 billion for the quarter, compared to analyst estimates of $4.05 billion. PulteGroup had a trailing twelve-month return on equity of 28.25% and a net margin of 16.37%. PulteGroup's revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.69 EPS.
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, November 16th. Stockholders of record on Tuesday, December 19th will be paid a dividend of $0.20 per share on Wednesday, January 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Monday, December 18th. This is an increase from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for PHM
.

Is PulteGroup a good dividend stock?

PulteGroup (NYSE:PHM) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.70%. 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 5.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHM will have a dividend payout ratio of 5.65% 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 initiated a stock buyback plan on Tuesday, April 25th 2023, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership 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 many different institutional and retail investors. Top institutional investors include Greenhaven Associates Inc. (2.60%), FMR LLC (2.54%), Invesco Ltd. (2.06%), AQR Capital Management LLC (1.92%), LSV Asset Management (1.89%) and Morgan Stanley (1.45%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/6/2023 by MarketBeat.com Staff

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