Research Analysts Issue Forecasts for PulteGroup Q3 Earnings

PulteGroup, Inc. (NYSE:PHM) – Investment analysts at Seaport Res Ptn issued their Q3 2025 earnings per share (EPS) estimates for shares of PulteGroup in a report released on Tuesday, April 22nd. Seaport Res Ptn analyst K. Zener forecasts that the construction company will post earnings of $3.02 per share for the quarter. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for PulteGroup’s current full-year earnings is $12.32 per share.

PulteGroup (NYSE:PHM) last released its quarterly earnings data on Tuesday, April 22nd. The construction company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.10. PulteGroup had a return on equity of 24.43% and a net margin of 17.18%. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the previous year, the company posted $3.10 earnings per share.

A number of other equities analysts also recently commented on PHM. Wells Fargo & Company reduced their price objective on shares of PulteGroup from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Royal Bank of Canada decreased their price objective on PulteGroup from $116.00 to $109.00 and set a “sector perform” rating for the company in a research note on Wednesday. The Goldman Sachs Group dropped their price objective on PulteGroup from $140.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Bank of America reduced their target price on shares of PulteGroup from $135.00 to $134.00 and set a “buy” rating for the company in a report on Monday, January 27th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $135.00 price objective on shares of PulteGroup in a research report on Tuesday. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $134.69.

PulteGroup Trading Up 1.8 %

NYSE:PHM opened at $102.88 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a 50-day simple moving average of $101.44 and a 200-day simple moving average of $115.25. PulteGroup has a one year low of $88.07 and a one year high of $149.47. The firm has a market cap of $20.83 billion, a P/E ratio of 6.99, a P/E/G ratio of 0.29 and a beta of 1.44.

PulteGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Tuesday, March 18th. PulteGroup’s dividend payout ratio (DPR) is presently 6.21%.

PulteGroup announced that its Board of Directors has initiated a share buyback program on Thursday, January 30th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the construction company to repurchase up to 6.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other news, EVP Todd N. Sheldon sold 15,191 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $106.50, for a total value of $1,617,841.50. Following the sale, the executive vice president now owns 74,758 shares in the company, valued at $7,961,727. This represents a 16.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Brien P. O’meara sold 3,500 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $106.40, for a total transaction of $372,400.00. Following the transaction, the vice president now directly owns 11,372 shares of the company’s stock, valued at approximately $1,209,980.80. This trade represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,191 shares of company stock worth $2,256,367 in the last 90 days. Insiders own 0.76% of the company’s stock.

Institutional Investors Weigh In On PulteGroup

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PHM. Hager Investment Management Services LLC purchased a new stake in shares of PulteGroup in the fourth quarter worth about $29,000. Fortitude Family Office LLC lifted its holdings in PulteGroup by 74.1% in the fourth quarter. Fortitude Family Office LLC now owns 322 shares of the construction company’s stock valued at $35,000 after acquiring an additional 137 shares during the period. Ameriflex Group Inc. purchased a new stake in PulteGroup in the 4th quarter worth approximately $37,000. TD Waterhouse Canada Inc. grew its stake in shares of PulteGroup by 43.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 349 shares of the construction company’s stock worth $38,000 after purchasing an additional 105 shares during the period. Finally, R Squared Ltd purchased a new position in shares of PulteGroup during the 4th quarter valued at approximately $39,000. 89.90% of the stock is owned by institutional investors and hedge funds.

About PulteGroup

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.