About PulteGroup (NYSE:PHM)
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods names. As of December 31, 2017, the company controlled 89,253 owned lots and 52,156 lots under land option agreements. It also 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 formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Operative builders
Trailing P/E Ratio13.53
Forward P/E Ratio8.95
Sales & Book Value
Annual Sales$8.57 billion
Price / Sales0.99
Cash Flow$2.4239 per share
Price / Cash12.22
Book Value$14.13 per share
Price / Book2.10
EPS (Most Recent Fiscal Year)$2.19
Net Income$447.22 million
Return on Equity17.48%
Return on Assets7.68%
PulteGroup (NYSE:PHM) Frequently Asked Questions
What is PulteGroup's stock symbol?
PulteGroup trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHM."
How often does PulteGroup pay dividends? What is the dividend yield for PulteGroup?
PulteGroup declared a quarterly dividend on Thursday, May 10th. Investors of record on Thursday, June 7th will be given a dividend of $0.09 per share on Thursday, July 5th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, June 6th. View PulteGroup's Dividend History.
How will PulteGroup's stock buyback program work?
PulteGroup declared that its Board of Directors has authorized a share buyback program on Tuesday, January 30th 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.
How were PulteGroup's earnings last quarter?
PulteGroup, Inc. (NYSE:PHM) released its quarterly earnings results on Tuesday, April, 24th. The construction company reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.15. The construction company earned $1.97 billion during the quarter, compared to analyst estimates of $1.84 billion. PulteGroup had a return on equity of 17.48% and a net margin of 5.91%. The business's revenue was up 20.9% compared to the same quarter last year. During the same period last year, the business posted $0.31 earnings per share. View PulteGroup's Earnings History.
When is PulteGroup's next earnings date?
What price target have analysts set for PHM?
16 Wall Street analysts have issued 12-month price objectives for PulteGroup's stock. Their forecasts range from $26.00 to $41.00. On average, they anticipate PulteGroup's stock price to reach $34.8462 in the next year. View Analyst Ratings for PulteGroup.
Are investors shorting PulteGroup?
PulteGroup saw a increase in short interest in May. As of May 15th, there was short interest totalling 22,316,818 shares, an increase of 16.0% from the April 30th total of 19,239,759 shares. Based on an average daily trading volume, of 4,395,435 shares, the days-to-cover ratio is currently 5.1 days. Approximately 8.6% of the shares of the company are short sold.
Who are some of PulteGroup's key competitors?
Some companies that are related to PulteGroup include D. R. Horton (DHI), Sekisui House (SKHSY), NVR (NVR), Toll Brothers (TOL), TRI Pointe Group (TPH), Taylor Morrison Home (TMHC), KB Home (KBH), Meritage Homes (MTH), M.D.C. (MDC), LGI Homes (LGIH), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Green Brick Partners (GRBK) and Beazer Homes USA (BZH).
Who are PulteGroup's key executives?
PulteGroup's management team includes the folowing people:
- Mr. Ryan R. Marshall, Pres, CEO & Director (Age 43)
- Mr. Robert T. O'Shaughnessy, Exec. VP & CFO (Age 52)
- Mr. Harmon D. Smith, Exec. VP & COO (Age 54)
- Mr. Todd N. Sheldon, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
- Mr. Joseph L. Drouin, VP & Chief Information Officer
Has PulteGroup been receiving favorable news coverage?
Headlines about PHM stock have been trending positive on Monday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PulteGroup earned a media sentiment score of 0.34 on Accern's scale. They also gave news stories about the construction company an impact score of 43.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are PulteGroup's major shareholders?
PulteGroup's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.34%), Dimensional Fund Advisors LP (2.78%), Greenhaven Associates Inc. (2.28%), Millennium Management LLC (2.12%), Boston Partners (1.31%) and American Century Companies Inc. (1.10%). Company insiders that own PulteGroup stock include Andre J Hawaux, Brian P Anderson, Cheryl W Grise, Harmon D Smith, James L Ossowski, James R Ellinghausen, Patrick J Oleary, Richard J Dugas Jr, Robert Oshaughnessy and Steven M Cook. View Institutional Ownership Trends for PulteGroup.
Which institutional investors are selling PulteGroup stock?
PHM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Element Capital Management LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Victory Capital Management Inc., Denver Investment Advisors LLC, State of Tennessee Treasury Department and South Street Advisors LLC. Company insiders that have sold PulteGroup company stock in the last year include Cheryl W Grise, Harmon D Smith, James R Ellinghausen, Patrick J Oleary and Robert Oshaughnessy. View Insider Buying and Selling for PulteGroup.
Which institutional investors are buying PulteGroup stock?
PHM stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Boston Partners, Wedge Capital Management L L P NC, Greenhaven Associates Inc., Teacher Retirement System of Texas, NorthCoast Asset Management LLC, KBC Group NV and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for PulteGroup.
How do I buy shares of PulteGroup?
Shares of PHM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PulteGroup's stock price today?
One share of PHM stock can currently be purchased for approximately $29.62.
How big of a company is PulteGroup?
PulteGroup has a market capitalization of $8.67 billion and generates $8.57 billion in revenue each year. The construction company earns $447.22 million in net income (profit) each year or $2.19 on an earnings per share basis. PulteGroup employs 4,810 workers across the globe.
How can I contact PulteGroup?
PulteGroup's mailing address is 3350 PEACHTREE ROAD NORTHEAST SUITE 150, ATLANTA GA, 30326. The construction company can be reached via phone at 404-978-6400 or via email at [email protected]
MarketBeat Community Rating for PulteGroup (PHM)MarketBeat's community ratings are surveys of what our community members think about PulteGroup and other stocks. Vote "Outperform" if you believe PHM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PHM will underperform the S&P 500 over the long term. You may vote once every thirty days.