Q2 Earnings Forecast for PulteGroup Issued By Zacks Research

PulteGroup, Inc. (NYSE:PHM - Free Report) - Stock analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for PulteGroup in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now expects that the construction company will earn $3.51 per share for the quarter, up from their previous estimate of $3.50. The consensus estimate for PulteGroup's current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup's Q2 2026 earnings at $3.51 EPS.

Several other analysts also recently commented on PHM. Citigroup dropped their price objective on PulteGroup from $146.00 to $119.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. UBS Group lifted their price target on shares of PulteGroup from $148.00 to $151.00 and gave the company a "buy" rating in a research note on Friday, January 31st. Bank of America lowered their price objective on shares of PulteGroup from $135.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, January 27th. Barclays reduced their target price on shares of PulteGroup from $117.00 to $100.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Wedbush restated an "outperform" rating and issued a $135.00 price target on shares of PulteGroup in a report on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $139.64.

Remove Ads

PulteGroup Trading Up 6.0 %

Shares of NYSE PHM traded up $5.57 during midday trading on Friday, reaching $97.59. 1,326,357 shares of the stock were exchanged, compared to its average volume of 1,972,126. PulteGroup has a 12 month low of $88.47 and a 12 month high of $149.47. The company has a market capitalization of $19.76 billion, a price-to-earnings ratio of 6.63, a P/E/G ratio of 0.29 and a beta of 1.44. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50-day simple moving average of $104.79 and a two-hundred day simple moving average of $119.03.

PulteGroup (NYSE:PHM - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The construction company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.28 by $0.22. PulteGroup had a net margin of 17.18% and a return on equity of 24.43%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. NBC Securities Inc. grew its position in shares of PulteGroup by 103,800.0% in the first quarter. NBC Securities Inc. now owns 5,195 shares of the construction company's stock valued at $534,000 after purchasing an additional 5,190 shares during the last quarter. American National Bank & Trust acquired a new position in PulteGroup in the 1st quarter valued at $39,000. Czech National Bank increased its position in PulteGroup by 4.6% during the 1st quarter. Czech National Bank now owns 46,501 shares of the construction company's stock worth $4,780,000 after buying an additional 2,035 shares during the period. Rhumbline Advisers lifted its holdings in shares of PulteGroup by 10.1% during the first quarter. Rhumbline Advisers now owns 432,341 shares of the construction company's stock worth $44,445,000 after buying an additional 39,776 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its position in shares of PulteGroup by 14.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 3,916 shares of the construction company's stock valued at $403,000 after acquiring an additional 483 shares during the period. 89.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Brian P. Anderson sold 2,500 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $106.45, for a total transaction of $266,125.00. Following the transaction, the director now directly owns 56,617 shares of the company's stock, valued at approximately $6,026,879.65. The trade was a 4.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $106.40, for a total value of $372,400.00. Following the sale, the vice president now directly owns 11,372 shares of the company's stock, valued at $1,209,980.80. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,191 shares of company stock valued at $2,256,367 over the last 90 days. 0.76% of the stock is currently owned by insiders.

PulteGroup announced that its board has initiated a share buyback plan on Thursday, January 30th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the construction company to buy up to 6.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

PulteGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors 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 yield of 0.90%. The ex-dividend date was Tuesday, March 18th. PulteGroup's payout ratio is currently 5.98%.

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.