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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$111.21
+2.83 (+2.61%)
(As of 03/1/2024 ET)
Today's Range
$108.05
$111.41
50-Day Range
$100.32
$111.21
52-Week Range
$52.24
$111.41
Volume
1.72 million shs
Average Volume
1.55 million shs
Market Capitalization
$23.59 billion
P/E Ratio
9.47
Dividend Yield
0.72%
Price Target
$102.31

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.0% Downside
$102.31 Price Target
Short Interest
Healthy
2.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
0.66mentions of PulteGroup in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$206,180 Sold Last Quarter
Proj. Earnings Growth
7.56%
From $11.77 to $12.66 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.

4.72 out of 5 stars

Construction Sector

4th out of 98 stocks

Operative Builders Industry

2nd 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, 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

Bears covered shorts on this ETF, 3 stocks to pop on the shift
Whenever traders move their money in a big way, it often pays to follow their tracks and reverse engineer what happened that caused them to shift in or out of that space. Today, the tools at MarketBeat have caught a major shift in sentiment and capital out of an ETF (exchange-traded fund) that also happens to represent a key economic indicator.
Bears covered shorts on this ETF, 3 stocks to pop on the shift (PHM)
Bears have ditched their short positions on this ETF, admitting that they too see a bull case for the economy, and these are the stocks to get paid first
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Higher VIX just made Realty Income’s 6% dividend better (PHM)
Realty Income stock could soon attract a new flow of investors, the same ones that just booked a 50% profit on this other REIT, finding more safety here.
Wayfair stock's 40% upside: The growth story in the industry (PHM)
The new trends in the real estate market - the ones that hooked Buffett - are the same ones making Wayfair stock one of the easiest choices for your portfolio
StockNews.com Downgrades PulteGroup (NYSE:PHM) to Hold
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
The Prognosis For PulteGroup
Investors Buy Large Volume of PulteGroup Call Options (NYSE:PHM)
PulteGroup Stock (NYSE:PHM) Insider Trades
PulteGroup (NYSE:PHM) Stock Rating Lowered by StockNews.com
PHM Apr 2024 97.500 put
PHM Sep 2024 85.000 put
PHM Feb 2024 91.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 1/3 Dividend
12/18/2023
Dividend Payable
1/03/2024
Last Earnings
1/30/2024
Today
3/02/2024
Ex-Dividend for 4/2 Dividend
3/14/2024
Dividend Payable
4/02/2024
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
$102.31
High Stock Price Target
$126.00
Low Stock Price Target
$64.00
Potential Upside/Downside
-8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
21.48%

Debt

Sales & Book Value

Annual Sales
$16.06 billion
Cash Flow
$12.98 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
210,351,000
Market Cap
$23.59 billion
Optionable
Optionable
Beta
1.56

Social Links

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Key Executives

Should I Buy PulteGroup Stock? PHM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of PulteGroup was last updated on Saturday, March 2, 2024 at 4:28 PM.

Pros

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

  • PulteGroup reported a strong EPS for the quarter, beating the consensus estimate, indicating solid financial performance.
  • The company has initiated a stock buyback program, a sign that the board believes the shares are undervalued, potentially leading to increased shareholder value.
  • Institutional investors and hedge funds have been increasing their stake in PulteGroup, showing confidence in the company's future growth prospects.
  • PulteGroup offers various home designs under well-known brand names, catering to a diverse market segment and potentially increasing market share.
  • The company's dividend yield of 0.72% and low payout ratio of 6.81% make it an attractive option for income-seeking investors.

Cons

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

  • PulteGroup's revenue was down 15.5% compared to the same quarter last year, indicating a decline in top-line growth.
  • The company's net margin of 16.20% may be considered low in comparison to industry peers, potentially affecting profitability.
  • Insider selling activity, such as the VP selling company stock, could raise concerns about internal confidence in the company's future performance.
  • The construction industry is subject to economic cycles and market fluctuations, posing risks to PulteGroup's business operations.
  • Recent institutional outflows from the company's stock may suggest a lack of institutional investor confidence in PulteGroup's near-term prospects.














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 Wall Street research analysts have issued twelve-month target prices for PulteGroup's stock. Their PHM share price targets range from $64.00 to $126.00. On average, they expect the company's share price to reach $102.31 in the next twelve months. This suggests that the stock has a possible downside of 8.0%.
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 7.7% and is now trading at $111.21.
View the best growth stocks for 2024 here
.

Are investors shorting PulteGroup?

PulteGroup saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 5,100,000 shares, an increase of 29.1% from the January 31st total of 3,950,000 shares. Based on an average trading volume of 1,890,000 shares, the short-interest ratio is presently 2.7 days. Currently, 2.4% 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 results on Tuesday, January, 30th. The construction company reported $3.28 earnings per share for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 25.97% and a net margin of 16.20%. The business's revenue was down 15.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.63 EPS.
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 yield of 0.72%. 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 0.74%. 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 6.32% 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 of Directors has approved a share repurchase program on Tuesday, January 30th 2024, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback programs are typically 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.69%), Putnam Investments LLC (5.19%), Dimensional Fund Advisors LP (2.70%), Greenhaven Associates Inc. (2.66%), LSV Asset Management (1.80%) and Norges Bank (1.74%). 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 3/2/2024 by MarketBeat.com Staff