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NYSE:PHM

PulteGroup (PHM) Stock Price, News & Analysis

PulteGroup logo
$129.49
+1.11 (+0.86%)
(As of 11/4/2024 ET)

About PulteGroup Stock (NYSE:PHM)

Key Stats

Today's Range
$129.21
$132.50
50-Day Range
$128.27
$149.14
52-Week Range
$80.60
$149.47
Volume
1.78 million shs
Average Volume
1.75 million shs
Market Capitalization
$26.56 billion
P/E Ratio
9.55
Dividend Yield
0.62%
Price Target
$145.00
Consensus Rating
Moderate Buy

Company Overview

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.

PulteGroup Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

PHM MarketRank™: 

PulteGroup scored higher than 98% of companies evaluated by MarketBeat, and ranked 3rd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PulteGroup has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PulteGroup has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about PulteGroup's stock forecast and price target.
  • Earnings Growth

    Earnings for PulteGroup are expected to grow by 3.95% in the coming year, from $12.92 to $13.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PulteGroup is 9.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PulteGroup is 9.55, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 26.91.

  • Price to Earnings Growth Ratio

    PulteGroup has a PEG Ratio of 0.53. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    PulteGroup has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about PulteGroup's valuation and earnings.
  • Percentage of Shares Shorted

    3.16% of the float of PulteGroup has been sold short.
  • Short Interest Ratio / Days to Cover

    PulteGroup has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PulteGroup has recently decreased by 4.60%, indicating that investor sentiment is improving.
  • Dividend Yield

    PulteGroup has a dividend yield of 0.62%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    PulteGroup does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of PulteGroup is 5.90%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, PulteGroup will have a dividend payout ratio of 5.96% next year. This indicates that PulteGroup will be able to sustain or increase its dividend.

  • Read more about PulteGroup's dividend.
  • Percentage of Shares Shorted

    3.16% of the float of PulteGroup has been sold short.
  • Short Interest Ratio / Days to Cover

    PulteGroup has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PulteGroup has recently decreased by 4.60%, indicating that investor sentiment is improving.
  • News Sentiment

    PulteGroup has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for PulteGroup this week, compared to 11 articles on an average week.
  • Search Interest

    25 people have searched for PHM on MarketBeat in the last 30 days. This is an increase of 92% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added PulteGroup to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PulteGroup insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,065,534.00 in company stock.

  • Percentage Held by Insiders

    Only 0.83% of the stock of PulteGroup is held by insiders.

  • Percentage Held by Institutions

    89.90% of the stock of PulteGroup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PulteGroup's insider trading history.
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PHM Stock News Headlines

new home construction
PulteGroup Earnings Signal Potential Entry Points for Investors
There are growing signs of concern in the homebuilding industry, especially after PulteGroup stock shows the most recent figures. Other indicators show the same
Seaport Global Reaffirms Their Hold Rating on PulteGroup (PHM)
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Oppenheimer Remains a Buy on PulteGroup (PHM)
PulteGroup, Inc. Q3 Income Advances, Beats Estimates
See More Headlines

PHM Stock Analysis - Frequently Asked Questions

PulteGroup's stock was trading at $103.22 at the beginning of the year. Since then, PHM shares have increased by 25.5% and is now trading at $129.49.
View the best growth stocks for 2024 here
.

PulteGroup, Inc. (NYSE:PHM) released its earnings results on Tuesday, October, 22nd. The construction company reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.25. PulteGroup's quarterly revenue was up 11.8% compared to the same quarter last year.
Read the conference call transcript
.

PulteGroup's board initiated a stock repurchase plan on Tuesday, January 30th 2024, which authorizes the company to repurchase $1,500,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 6.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

PulteGroup subsidiaries include these companies: Innovative Construction Group, American West, Centex LLC, Centex Construction Of New Mexico LLC, Centex Development Company L.P., Centex Homes, Centex Homes LLC, and others.

PulteGroup's top institutional investors include Greenhaven Associates Inc. (2.70%), Los Angeles Capital Management LLC (0.45%), Allspring Global Investments Holdings LLC (0.42%) and Robeco Institutional Asset Management B.V. (0.35%). Insiders that own company stock include Ryan Marshall, Robert Oshaughnessy, John J Chadwick, Todd N Sheldon, Brian P Anderson, Thomas J Folliard and Brien P O'meara.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that PulteGroup investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and General Electric (GE).

Company Calendar

Ex-Dividend for 10/2 Dividend
9/17/2024
Dividend Payable
10/02/2024
Last Earnings
10/22/2024
Today
11/05/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

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
$145.00
High Stock Price Target
$195.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+12.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
21.77%

Debt

Sales & Book Value

Annual Sales
$16.06 billion
Cash Flow
$12.65 per share
Book Value
$56.39 per share

Miscellaneous

Free Float
203,380,000
Market Cap
$26.56 billion
Optionable
Optionable
Beta
1.63

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This page (NYSE:PHM) was last updated on 11/5/2024 by MarketBeat.com Staff
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