PulteGroup

PulteGroup, Inc. engages in the homebuilding business. The firm is also involved in mortgage banking and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment includes operations from Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington. The Financial Services segment consists of mortgage banking and title operations. The company was founded by William J. Pulte in 1950 and is headquartered in Atlanta, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

PulteGroup achieves record Q4 earnings, focuses on strategic pricing

PulteGroup's strong financial performance in Q4 2022 reflects its resilience in the face of market challenges. With a focus on steady production volume, strategic pricing, and operational adaptability, the company remains optimistic about its future prospects. Managing affordability, optimizing production efficiency, and addressing market dynamics will be key focus areas for PulteGroup moving forward.

PulteGroup excels in Q1, faces margin pressure in Q2

PulteGroup's strong Q1 performance reflects effective cost management and strategic focus on spec homes.
Challenges include potential margin contraction in Q2 and decline in net new orders.
Opportunities lie in improving market conditions, leveraging liquidity, and strong entry-level demand.

PulteGroup reports record Q2 earnings, eyes growth in land market

PulteGroup's strong financial performance in Q2 2023 underscores operational excellence and prudent financial management. Despite supply chain challenges and modest price increases, the company maintains a solid financial position with a focus on efficiency and disciplined underwriting. Opportunities in the land market and Florida market growth offer avenues for further expansion.

PulteGroup excels in Q3 with record earnings and strategic investments

PulteGroup's Q3 performance reflects strong growth, efficient operations, and strategic investments. While challenges in maintaining margins and addressing affordability persist, the company's adaptability and focus on market dynamics position it well for future opportunities.

PulteGroup reports record revenues and plans for growth in 2024

PulteGroup's strong financial performance in 2023 was driven by record revenues, increased earnings per share, and robust new order growth. Despite challenges like affordability issues and cost inflation, the company is strategically positioned to capitalize on growth opportunities and operational efficiencies in 2024. By addressing affordability concerns and focusing on cycle time improvements, PulteGroup aims to sustain its momentum.

PulteGroup achieves record Q1 results, eyes strategic growth opportunities

PulteGroup's strong performance in Q1 2024 was driven by record revenues, increased margins, and strategic decisions.
While facing challenges like affordability and cost pressures, the company is leveraging opportunities in investments and market strategies.
Maintaining a focus on efficiency and growth avenues positions PulteGroup well for the future amidst a dynamic market environment.

PulteGroup reports 19% earnings growth, focuses on efficiency and growth

PulteGroup delivered a strong Q2 performance with notable increases in earnings, gross margin, and closings, despite facing challenges in market demand and competitive conditions in certain regions.
Strategic initiatives like managing price, pace, and starts, along with increasing third-party land vendors, present opportunities for growth and efficiency improvements.
The company's financial services operations also showed robust growth, contributing to overall positive financial results.
CFO succession plans were announced, ensuring a smooth transition and continuity in financial leadership.

PulteGroup reports robust Q3 earnings amidst margin challenges and growth opportunities

PulteGroup's Q3 performance reflects strong earnings growth and strategic initiatives to address market demand and enhance operational efficiency.
While facing challenges such as margin pressures and buyer confidence fluctuations, the company remains focused on meeting closing targets and driving revenue growth.
Opportunities lie in achieving closing targets, improving margins, and optimizing operations to capitalize on market demand and drive profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PulteGroup, Inc. engages in the homebuilding business. The firm is also involved in mortgage banking and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment includes operations from Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington. The Financial Services segment is composed of mortgage banking and title operations. The company was founded by William J. Pulte in 1950 and is headquartered in Atlanta, GA.

PulteGroup (PHM) closed the most recent trading day at $102.36, moving -1.2% from the previous trading session.

PulteGroup (PHM) Stock Sinks As Market Gains: Here's Why

PulteGroup's (PHM) fourth-quarter results are likely to reflect higher rates and lower deliveries.

Factors Setting the Tone for PulteGroup's (PHM) Q4 Earnings

PulteGroup (PHM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate PulteGroup (PHM) to Report a Decline in Earnings: What to Look Out for

Assurant

Ares Management

Broadcom

Cigna

Costco

Comfort Systems USA

W.W. Grainger

Intercontinental Exchange

Intuit

JPMorgan Chase & Co

Lennox International

Mastercard

Martin Marietta Materials

Microsoft

NRG Energy

Owens Corning

Old Dominion Freight Line

PACCAR

Parker-Hannifin

UnitedHealth Group

Vanguard Dividend Appreciation ETF

Wingstop

This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past rather than simply sport a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - January 2024

Dream Finders Homes

Granite Construction

With homebuilders' confidence improving, investing in stocks such as PulteGroup (PHM), Dream Finders Homes (DFH) and Granite Construction (GVA) seems prudent.

3 Housing Stocks to Buy as Home-Builder Confidence Surges

Century Communities

Taylor Morrison Home

January's builder confidence signals strong housing demand with declining mortgage rates.

Builder Sentiment Gains as Rates Fall: 5 Top Housing Picks

D.R. Horton

Mosaic

Nutrien

Scotts Miracle-Gro

Sometimes, the market is very blunt in the way it lets investors know what participants are after; other times, it almost takes a doctorate in mass psychology to figure out the secrets of behavioral economics. The former is true today for stocks that operate in the agricultural space; every piece of evidence supports a bull case for them all, with one particular favorite.

Scotts Miracle-Gro: Becoming favorite among agricultural stocks

Alibaba

Blackrock Inc

Goldman Sachs

Hertz

AMERCO

Who better to know when a stock will be moving significantly in the near future than insiders working at the company in question? Following insider transactions can be a good starting point to dissect where a stock's future may be headed, given that you finish doing the due diligence necessary to justify the evidence you find.

Insiders started buying U-Haul stock, and then this happened

M.D.C. Holdings

The construction sector is making a slow but steady recovery as demand continues to rebound amid easing inflation. Although spending on construction projects came in lower than expectations, it was sharply higher month over month.

4 Stocks to Watch as Construction Spending Gathers Pace

Advanced Micro Devices

Arista Networks

Booking Hlds

Lululemon Athletica

Micron Technology

With the market pulling back to start 2024, which stocks are finding key support? AMD and Meta are S&P 500 stocks holding the 21-day line.

Seven Big 2023 Winners Holding Strong In New Year

Barclays

Morgan Stanley

The new year is here, and some are already calling the shots about how 2024 could look. Who dominates?

Traders are suddenly stampeding these Buffett stocks

Relative strength can point you to leadership that is sometimes unexpected.

PHM Stock: How The Chart Told The Story On PulteGroup

Amazon

Builders FirstSource

Carnival

Salesforce

Fair Isaac

Intel

Jabil

Lam Research

Monolithic Power Systems

ServiceNow

NVIDIA

Palo Alto Networks

Royal Caribbean Cruises

Tesla

Uber

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

These 20 stocks soared the most in 2023

In the latest trading session, PulteGroup (PHM) closed at $103.93, marking a +0.73% move from the previous day.

PulteGroup (PHM) Rises Higher Than Market: Key Facts

In 2024, PulteGroup (PHM) is likely to gain from improving housing market dynamics, buyout strategy and asset efficiency moves.

PulteGroup (PHM) Spikes 127% This Year: What Awaits in 2024?

iShares U.S. Home Construction ETF

Lennar

Invesco Dynamic Building & Construction ETF

SPDR S&P Homebuilders ETF

Recent mortgage rate reductions and signals from the Federal Reserve about upcoming rate cuts have reignited the housing market.

Homebuilder ETFs 2024 Prospects Appear Bright

PulteGroup, a leading U.S. homebuilder, operates in 40 markets, specializing in single-family homes and providing financial services. The investment thesis hinges on robust financials, a decade of success, and a positive outlook driven by potential 2024 rate cuts and strong housing demand. PulteGroup's financial track record boasts consistent earnings growth, low debt, and solid efficiency ratios, solidifying its appeal for long-term investors.

PulteGroup: Positioned For Long-Term Success With Undervalued Potential

Deere & Company

Zoetis

We focus on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past rather than a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. We provide criteria for selecting high-growth dividend stocks and offer a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - December 2023

Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders such as Pulte Group and Lennar LEN has fared well in 2023, rising by a solid 63% this year so far. This compares to the S&P 500 which remains up by about 21% over the same period.

Up 63% This Year, Despite Higher Rates, Will The Homebuilding Theme Continue To Outperform?

Last week, Finbold highlighted an intriguing development involving US Senator Tommy Tuberville, who recently lifted his hold on military promotions.

This little-known stock surged 30% since US Senator bought it

PulteGroup (PHM) concluded the recent trading session at $92.46, signifying a +1.69% move from its prior day's close.

PulteGroup (PHM) Rises As Market Takes a Dip: Key Facts

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2023 financial results before the market opens on Tuesday, January 30, 2024. The Company will hold a conference call to discuss its fourth quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website. To listen to the webcast, log on five minutes prior to the call at www.pultegroup.com and select the Events & Presentati.

PulteGroup's Fourth Quarter 2023 Earnings Release and Webcast Conference Call Scheduled for January 30, 2024

Fastenal

McCormick

Merck

NIKE

Dividend growth stocks consistently increase their dividend year after year with a 5-year growth rate of 10% or more. Companies must generate strong free cash flow to sustain dividend growth. All 5 of these stocks have recently increased their dividend, with the largest increase being as high as 25%.

5 Stocks That Recently Increased Their Dividend

American Homes 4 Rent

AvalonBay Communities

Essex Property Trust

Home Depot

Toll Brothers

Finding the best stocks to buy and sell in real estate can be challenging. The housing stock sector continues to be volatile and full of opportunity at the same time.

Buy or Bye? 7 Key Housing Stocks to Buy or Sell in Today's Market.

News for PulteGroup Stock (PHM)