Q2 Earnings Forecast for PulteGroup Issued By Zacks Research

PulteGroup, Inc. (NYSE:PHM) – Equities research analysts at Zacks Research reduced their Q2 2026 EPS estimates for shares of PulteGroup in a research report issued on Tuesday, November 4th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $2.99 per share for the quarter, down from their prior estimate of $3.15. Zacks Research has a “Hold” rating on the stock. The consensus estimate for PulteGroup’s current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup’s Q3 2026 earnings at $3.01 EPS, Q4 2026 earnings at $3.15 EPS, FY2026 earnings at $11.27 EPS and FY2027 earnings at $13.04 EPS.

PulteGroup (NYSE:PHM) last released its quarterly earnings results on Tuesday, October 21st. The construction company reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.10. PulteGroup had a return on equity of 19.58% and a net margin of 14.93%.The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the business posted $3.35 EPS. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year.

Other analysts also recently issued research reports about the stock. Evercore ISI decreased their price target on shares of PulteGroup from $154.00 to $134.00 and set an “in-line” rating for the company in a research note on Wednesday, October 22nd. Royal Bank Of Canada raised their target price on PulteGroup from $109.00 to $112.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 23rd. Weiss Ratings raised PulteGroup from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, October 25th. Seaport Res Ptn raised PulteGroup from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on PulteGroup from $121.00 to $123.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $133.67.

PulteGroup Trading Down 0.4%

PHM stock opened at $118.94 on Thursday. The stock has a market capitalization of $23.18 billion, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 0.95 and a beta of 1.25. PulteGroup has a twelve month low of $88.07 and a twelve month high of $142.11. The firm’s fifty day simple moving average is $128.47 and its two-hundred day simple moving average is $116.11. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13.

PulteGroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 16th were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, September 16th. This represents a $0.88 annualized dividend and a yield of 0.7%. PulteGroup’s payout ratio is presently 6.77%.

Institutional Trading of PulteGroup

Large investors have recently made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of PulteGroup in the 1st quarter valued at $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in PulteGroup in the second quarter worth $32,000. Rexford Capital Inc. acquired a new stake in PulteGroup in the second quarter valued at $35,000. Private Wealth Management Group LLC boosted its position in shares of PulteGroup by 281.7% during the 3rd quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock worth $36,000 after purchasing an additional 200 shares in the last quarter. Finally, Hager Investment Management Services LLC boosted its position in shares of PulteGroup by 33.3% during the 2nd quarter. Hager Investment Management Services LLC now owns 420 shares of the construction company’s stock worth $44,000 after purchasing an additional 105 shares in the last quarter. 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.