PulteGroup (PHM) Stock Price, News & Analysis

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PHM shares.
View PHM analyst ratings or view top-rated stocks.

15 brokerages have issued 1 year price objectives for PulteGroup's shares. Their PHM share price targets range from $64.00 to $126.00. On average, they anticipate the company's stock price to reach $102.31 in the next year. This suggests that the stock has a possible downside of 0.8%.
View analysts price targets for PHM or view top-rated stocks among Wall Street analysts.

PulteGroup's stock was trading at $103.22 at the beginning of 2024. Since then, PHM stock has decreased by 0.1% and is now trading at $103.10.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our PHM earnings forecast.

PulteGroup, Inc. (NYSE:PHM) posted its quarterly earnings results on Tuesday, January, 30th. The construction company reported $3.28 EPS for the quarter, beating the consensus estimate of $3.21 by $0.07. The construction company earned $4.29 billion during the quarter, compared to the consensus estimate of $4.47 billion. PulteGroup had a net margin of 16.20% and a trailing twelve-month return on equity of 25.97%. The business's revenue for the quarter was down 15.5% on a year-over-year basis. During the same period last year, the firm posted $3.63 EPS.
Read the conference call transcript.

PulteGroup announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.20 per share on Tuesday, April 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for PHM.

PulteGroup (NYSE:PHM) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.78%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 6.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHM will have a dividend payout ratio of 6.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PHM.

ETFs with the largest weight of PulteGroup (NYSE:PHM) stock in their portfolio include iShares U.S. Home Construction ETF (ITB), Invesco Building & Construction ETF (PKB), Adaptiv Select ETF (ADPV), SPDR S&P Homebuilders ETF (XHB), VictoryShares Free Cash Flow ETF (VFLO), Pinnacle Focused Opportunities ETF (FCUS), First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).

PulteGroup declared that its board has approved a share repurchase program on Tuesday, January 30th 2024, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its shares are undervalued.

29 employees have rated PulteGroup Chief Executive Officer Ryan R. Marshall on Glassdoor.com. Ryan R. Marshall has an approval rating of 95% among the company's employees. This puts Ryan R. Marshall in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PulteGroup investors own include Bank of America (BAC), NVIDIA (NVDA), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Alibaba Group (BABA), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Netflix (NFLX) and D.R. Horton (DHI).

PulteGroup's stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.70%), Greenhaven Associates Inc. (2.66%), LSV Asset Management (1.80%), Norges Bank (1.74%), Pacer Advisors Inc. (1.39%) and Los Angeles Capital Management LLC (0.66%). Insiders that own company stock include Brian P Anderson, Brien P O'meara, John J Chadwick, Robert Oshaughnessy, Ryan Marshall and Todd N Sheldon.
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.