PulteGroup (PHM) Stock Price, News & Analysis

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PulteGroup in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PHM shares.
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18 equities research analysts have issued twelve-month price targets for PulteGroup's shares. Their PHM share price targets range from $64.00 to $120.00. On average, they anticipate the company's share price to reach $93.94 in the next year. This suggests that the stock has a possible downside of 9.0%.
View analysts price targets for PHM or view top-rated stocks among Wall Street analysts.

PulteGroup's stock was trading at $45.53 at the beginning of 2023. Since then, PHM shares have increased by 126.7% and is now trading at $103.22.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our PHM earnings forecast.

PulteGroup will be holding an earnings conference call on Tuesday, January 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

PulteGroup, Inc. (NYSE:PHM) announced its quarterly earnings data on Tuesday, October, 24th. The construction company reported $2.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.83 by $0.07. The construction company earned $4 billion during the quarter, compared to analyst estimates of $4.05 billion. PulteGroup had a trailing twelve-month return on equity of 28.25% and a net margin of 16.37%. The company's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.69 earnings per share.
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PulteGroup announced a quarterly dividend on Thursday, November 16th. Stockholders of record on Tuesday, December 19th will be given a dividend of $0.20 per share on Wednesday, January 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date is Monday, December 18th. This is a positive change from the stock's previous quarterly dividend of $0.16.
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 6.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHM will have a dividend payout ratio of 7.04% 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 announced that its board has authorized a stock repurchase program on Tuesday, April 25th 2023, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors 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).

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.
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