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NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$119.21
+0.14 (+0.12%)
(As of 05/20/2024 ET)
Today's Range
$119.03
$120.26
50-Day Range
$105.45
$122.07
52-Week Range
$65.16
$122.72
Volume
1.54 million shs
Average Volume
1.80 million shs
Market Capitalization
$25.07 billion
P/E Ratio
9.54
Dividend Yield
0.67%
Price Target
$111.87

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
6.2% Downside
$111.87 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
1.05mentions of PulteGroup in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.85%
From $12.64 to $13.38 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.

4.51 out of 5 stars

Construction Sector

9th out of 100 stocks

Operative Builders Industry

2nd out of 16 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

PulteGroup Wins and Wins More on Interest Rate Cuts
Homebuilder PulteGroup Inc. NYSE: PHM shares are trading up 13% year-to-date despite a soft housing market. High interest rates have led to a weak existing home sales market, where owners refuse to sell their homes only to get trapped with higher mortgage rates on their next home.
PulteGroup Wins and Wins More on Interest Rate Cuts
Despite a soft housing market, PulteGroup is thriving as new home sales rose 8.8% in March 2024, while existing home sales fell 4.3% to 4.3 million.
Here’s Why Institutions Had Been Buying Martin Marietta Stock (PHM)
As the U.S. construction boom gets underway, certain stocks are coming out of fashion to open up a path for Martin Marietta stock to beat its peers
PulteGroup Sees Unusually Large Options Volume (NYSE:PHM)
PHM May 2024 126.000 call
PHM Jun 2024 122.000 call
PulteGroup declares $0.20 dividend
Meet PulteGroup, a 2024 Best Places to Work honoree
Seaport Global Reaffirms Their Buy Rating on PulteGroup (PHM)
See More Headlines
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Company Calendar

Ex-Dividend for 4/2 Dividend
3/14/2024
Dividend Payable
4/02/2024
Last Earnings
4/23/2024
Today
5/20/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
7/23/2024
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
$111.87
High Stock Price Target
$143.00
Low Stock Price Target
$85.00
Potential Upside/Downside
-6.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
22.00%

Debt

Sales & Book Value

Annual Sales
$16.06 billion
Cash Flow
$12.67 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
208,764,000
Market Cap
$25.07 billion
Optionable
Optionable
Beta
1.56

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Key Executives


PHM Stock Analysis - Frequently Asked Questions

Should I buy or sell PulteGroup stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 5 hold ratings and 10 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?

15 analysts have issued 12 month target prices for PulteGroup's shares. Their PHM share price targets range from $85.00 to $143.00. On average, they anticipate the company's share price to reach $111.87 in the next year. This suggests that the stock has a possible downside of 6.2%.
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 stock has increased by 15.5% and is now trading at $119.21.
View the best growth stocks for 2024 here
.

When is PulteGroup's next earnings date?

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

How were PulteGroup's earnings last quarter?

PulteGroup, Inc. (NYSE:PHM) announced its quarterly earnings data on Tuesday, April, 23rd. The construction company reported $2.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.36 by $0.51. The construction company earned $3.95 billion during the quarter, compared to the consensus estimate of $3.59 billion. PulteGroup had a trailing twelve-month return on equity of 25.81% and a net margin of 16.63%.

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

PulteGroup declared a quarterly dividend on Monday, May 6th. Investors of record on Tuesday, June 18th will be given a dividend of $0.20 per share on Tuesday, July 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, June 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 0.67%. 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 6.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHM will have a dividend payout ratio of 5.98% 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 announced that its board has initiated a stock repurchase plan on Tuesday, January 30th 2024, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.55%), LSV Asset Management (1.77%), Bank of New York Mellon Corp (0.82%), Los Angeles Capital Management LLC (0.68%), Captrust Financial Advisors (0.52%) and Allspring Global Investments Holdings LLC (0.35%). 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 5/21/2024 by MarketBeat.com Staff

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