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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
Closing prices for crude oil, gold and other commodities
3 Key Stocks Helping to Drive the EV Race
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
Closing prices for crude oil, gold and other commodities
3 Key Stocks Helping to Drive the EV Race
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
Closing prices for crude oil, gold and other commodities
3 Key Stocks Helping to Drive the EV Race
You Can Follow BlackRock’s Market View for Your Money
NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$110.89
+0.31 (+0.28%)
(As of 04/12/2024 ET)
Today's Range
$109.28
$110.91
50-Day Range
$101.45
$120.62
52-Week Range
$59.19
$121.07
Volume
1.53 million shs
Average Volume
1.79 million shs
Market Capitalization
$23.40 billion
P/E Ratio
9.45
Dividend Yield
0.72%
Price Target
$106.47

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
4.0% 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
0.55mentions of PulteGroup in the last 14 days
Based on 19 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.

4.87 out of 5 stars

Construction Sector

4th out of 297 stocks

Operative Builders Industry

1st out of 54 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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Pulte Homes Announces New Boston-Area Community
PHM Jun 2025 90.000 put
PulteGroup Sees Unusually High Options Volume (NYSE:PHM)
PulteGroup Inc.
PulteGroup Inc
PHM Mar 2024 116.000 call
PHM Mar 2024 102.000 put
PHM Dec 2025 85.000 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
4/12/2024
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
-3.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
21.48%

Debt

Sales & Book Value

Annual Sales
$16.06 billion
Cash Flow
$12.71 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
209,237,000
Market Cap
$23.19 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. primarily engages in the homebuilding business in the United States, a sector that has shown resilience and growth.
  • The company offers a range of financial services to homebuyers, including mortgage financing, title insurance policies, and examination and closing services, which can provide additional revenue streams.
  • PulteGroup, Inc. has a long history, founded in 1950, indicating stability and experience in the industry.
  • The recent developments in the housing market have been favorable, with increasing demand for new homes, which could benefit PulteGroup, Inc.
  • Current stock price of PulteGroup, Inc. is showing positive momentum, indicating potential for growth in the near future.

Cons

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

  • Phimedix Plc, a company previously engaged in trading of scrap metals, does not have significant operations, which may raise concerns about the overall business model.
  • Protech Home Medical Corp., another company mentioned in the query, provides in-home monitoring equipment and services, which may not directly relate to the core business of PulteGroup, Inc.
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 Tuesday, April 9, 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?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 5 hold ratings and 9 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?

14 Wall Street research analysts have issued 1 year price objectives for PulteGroup's stock. Their PHM share price targets range from $85.00 to $136.00. On average, they expect the company's share price to reach $106.47 in the next year. This suggests that the stock has a possible downside of 4.0%.
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 beginning of 2024. Since then, PHM stock has increased by 7.4% and is now trading at $110.89.
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 daily volume of 1,780,000 shares, the short-interest ratio is presently 2.4 days. Currently, 2.1% of the shares of the company 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 earnings results on Tuesday, January, 30th. The construction company reported $3.28 EPS for the quarter, topping analysts' consensus estimates of $3.21 by $0.07. The construction company had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.47 billion. PulteGroup had a trailing twelve-month return on equity of 25.97% and a net margin of 16.20%. PulteGroup's revenue for the quarter was down 15.5% on a year-over-year basis. During the same quarter in the previous 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 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 dividend on an annualized basis 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 0.73%. 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 stock 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 reacquire up to 6.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are 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%), Czech National Bank (0.02%), Park Avenue Securities LLC (0.02%), Alaska Permanent Fund Corp (0.01%) and Peak Financial Advisors LLC (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 4/12/2024 by MarketBeat.com Staff

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