S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

$110.18
-0.72 (-0.65%)
(As of 03/18/2024 ET)
Today's Range
$109.02
$111.74
50-Day Range
$101.45
$114.28
52-Week Range
$55.16
$115.20
Volume
1.59 million shs
Average Volume
1.88 million shs
Market Capitalization
$23.37 billion
P/E Ratio
9.39
Dividend Yield
0.73%
Price Target
$102.31

PulteGroup MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.1% Downside
$102.31 Price Target
Short Interest
Healthy
2.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
0.98mentions of PulteGroup in the last 14 days
Based on 13 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.

4.74 out of 5 stars

Construction Sector

4th out of 102 stocks

Operative Builders Industry

2nd out of 17 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
The AI Bottleneck No One is Talking About
Renewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.
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
PHM Mar 2024 116.000 call
PHM Mar 2024 102.000 put
Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
PHM Dec 2025 85.000 put
PHM Mar 2024 119.000 call
PHM Mar 2024 117.000 call
The Prognosis For PulteGroup
PulteGroup Stock (NYSE:PHM) Insider Trades
See More Headlines
Receive PHM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PulteGroup and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/3 Dividend
12/18/2023
Dividend Payable
1/03/2024
Last Earnings
1/30/2024
Ex-Dividend for 4/2 Dividend
3/14/2024
Today
3/18/2024
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
-7.1%
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
$12.71 per share
Book Value
$48.95 per share

Miscellaneous

Free Float
210,351,000
Market Cap
$23.37 billion
Optionable
Optionable
Beta
1.56

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

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 Friday, March 15, 2024 at 3:21 AM.

Pros

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

  • PulteGroup reported strong EPS of $3.28 for the quarter, exceeding the consensus estimate, indicating solid financial performance.
  • The company announced a quarterly dividend of $0.20 per share, offering investors a dividend yield of 0.72%, providing potential income.
  • PulteGroup initiated a stock buyback program of $1.50 billion, signaling confidence in the company's value and potentially boosting stock prices.
  • Institutional investors and hedge funds have been increasing their stakes in PulteGroup, reflecting growing confidence in the company's future prospects.
  • The company operates in the homebuilding industry, which historically has shown resilience and growth potential, making it an attractive sector for investment.

Cons

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

  • The company's revenue was down 15.5% compared to the same quarter last year, indicating a decline in top-line growth.
  • The net margin of 16.20% may raise concerns about profitability, as it suggests a relatively lower margin compared to some competitors in the industry.
  • Insider selling activity, such as VP Brien P. O'meara selling company shares, could be perceived as a lack of confidence by company insiders in the stock's future performance.
  • The firm's payout ratio of 6.81% may be considered low by some investors, potentially limiting the attractiveness of the dividend yield for income-focused investors.
  • Stock buyback programs, while indicating undervaluation, may also signal that the company lacks better investment opportunities for its capital, potentially limiting growth prospects.

PHM Stock Analysis - Frequently Asked Questions

Should I buy or sell PulteGroup stock right now?

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

15 brokerages have issued twelve-month price targets for PulteGroup's stock. Their PHM share price targets range from $64.00 to $126.00. On average, they predict the company's share price to reach $102.31 in the next twelve months. This suggests that the stock has a possible downside of 7.1%.
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 shares have increased by 6.7% and is now trading at $110.18.
View the best growth stocks for 2024 here
.

Are investors shorting PulteGroup?

PulteGroup saw a increase in short interest in 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 daily trading volume, of 1,890,000 shares, the short-interest ratio is presently 2.7 days. Currently, 2.4% 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, 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) released its quarterly earnings data 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 had revenue of $4.29 billion for the quarter, compared to analysts' expectations of $4.47 billion. PulteGroup had a net margin of 16.20% and a trailing twelve-month return on equity of 25.97%. The business's quarterly revenue was down 15.5% compared to the same quarter last year. During the same period last year, the company earned $3.63 earnings per share.
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. Investors 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 dividend yield of 0.73%. The ex-dividend date of this dividend 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 6.32% 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 authorized a stock repurchase plan on Tuesday, January 30th 2024, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management 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 investors include Vanguard Group Inc. (11.69%), Vanguard Group Inc. (11.69%), Putnam Investments LLC (5.19%), Dimensional Fund Advisors LP (2.70%), Greenhaven Associates Inc. (2.66%) and LSV Asset Management (1.80%). 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..
Read More
This page (NYSE:PHM) was last updated on 3/19/2024 by MarketBeat.com Staff

From Our Partners