Seaport Res Ptn Forecasts PulteGroup Q2 Earnings

PulteGroup, Inc. (NYSE:PHM - Free Report) - Research analysts at Seaport Res Ptn issued their Q2 2025 earnings per share (EPS) estimates for PulteGroup in a report released on Tuesday, April 22nd. Seaport Res Ptn analyst K. Zener forecasts that the construction company will post earnings per share of $2.74 for the quarter. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for PulteGroup's current full-year earnings is $12.32 per share. Seaport Res Ptn also issued estimates for PulteGroup's Q4 2025 earnings at $2.70 EPS, FY2025 earnings at $11.02 EPS and FY2026 earnings at $10.73 EPS.

PulteGroup (NYSE:PHM - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The construction company reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.10. The company had revenue of $3.89 billion for the quarter, compared to analysts' expectations of $3.86 billion. PulteGroup had a net margin of 17.18% and a return on equity of 24.43%. During the same period in the prior year, the business earned $3.10 earnings per share.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company cut their price target on shares of PulteGroup from $140.00 to $120.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. UBS Group lowered their price objective on shares of PulteGroup from $151.00 to $141.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Wedbush restated an "outperform" rating and issued a $135.00 price target on shares of PulteGroup in a research report on Tuesday, April 22nd. Royal Bank of Canada dropped 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, April 23rd. Finally, Oppenheimer reduced their price objective on PulteGroup from $165.00 to $150.00 and set an "outperform" rating on the stock in a research note on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $134.69.

PulteGroup Price Performance

Shares of NYSE PHM traded down $0.66 during trading hours on Friday, reaching $101.76. 1,551,534 shares of the stock traded hands, compared to its average volume of 2,323,233. PulteGroup has a 52-week low of $88.07 and a 52-week high of $149.47. The company has a market capitalization of $20.39 billion, a P/E ratio of 6.92, a price-to-earnings-growth ratio of 0.29 and a beta of 1.44. The company's 50-day simple moving average is $101.33 and its two-hundred day simple moving average is $114.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.13.

Institutional Trading of PulteGroup

Several institutional investors have recently bought and sold shares of PHM. Logan Capital Management Inc. grew its position in shares of PulteGroup by 67.7% in the third quarter. Logan Capital Management Inc. now owns 14,797 shares of the construction company's stock valued at $2,124,000 after purchasing an additional 5,976 shares during the period. Nilsine Partners LLC lifted its position in shares of PulteGroup by 929.2% in the fourth quarter. Nilsine Partners LLC now owns 20,574 shares of the construction company's stock valued at $2,240,000 after acquiring an additional 18,575 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of PulteGroup by 3.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,559 shares of the construction company's stock worth $496,000 after acquiring an additional 143 shares during the last quarter. Argyle Capital Management LLC raised its stake in PulteGroup by 1.5% in the 4th quarter. Argyle Capital Management LLC now owns 42,241 shares of the construction company's stock valued at $4,600,000 after purchasing an additional 641 shares during the last quarter. Finally, Eastern Bank lifted its holdings in PulteGroup by 4.6% in the 4th quarter. Eastern Bank now owns 142,740 shares of the construction company's stock valued at $15,544,000 after purchasing an additional 6,243 shares in the last quarter. 89.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other PulteGroup news, VP Brien P. O'meara sold 3,500 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $106.40, for a total value of $372,400.00. Following the completion of the transaction, the vice president now owns 11,372 shares in the company, valued at approximately $1,209,980.80. This represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Brian P. Anderson sold 2,500 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.45, for a total value of $266,125.00. Following the sale, the director now owns 56,617 shares in the company, valued at $6,026,879.65. This trade represents a 4.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,191 shares of company stock valued at $2,256,367 in the last quarter. 0.76% of the stock is currently owned by company insiders.

PulteGroup Dividend Announcement

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

PulteGroup declared that its board has authorized a share repurchase program on Thursday, January 30th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the construction company to repurchase up to 6.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

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.