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.

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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.

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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.

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ATLANTA--(BUSINESS WIRE)--After nearly two decades, one of the nation's largest homebuilders, PulteGroup, Inc. (NYSE: PHM) has announced plans to reenter the Salt Lake City market. Beginning with two new construction communities under its Pulte Homes brand, the Company will offer single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber. Both communities are expected to grand open in early 2024. “We are thrilled to begin building a strong local presence in S.

PulteGroup Announces Return to Salt Lake City, Utah Market

PulteGroup is one of the best performing stocks in 2023, rebounding strongly after a hit in 2022. Q3 results show strong year-over-year growth in new orders and high margins, solidifying Pulte's position as an industry leader. Pulte is undervalued compared to its peers, with higher FCF, revenue growth rates, and better EBIT margins.

Pulte Group: The Future Of This Company Is Brighter Than Many Think

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PulteGroup's (PHM) latest 25% quarterly dividend increase marks its commitment to returning capital to shareholders.

PulteGroup (PHM) Cheers Investors With 25% Dividend Hike

PulteGroup Inc. PHM, -0.92% said Thursday its board of directors voted to increase the home builder's quarterly dividend by 25% to 20 cents a share from 16 cents a share. Shareholders of record as of Dec. 19 will be paid the dividend on Jan. 3.

PulteGroup increases quarterly dividend to 20 cents a share from 16 cents

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has voted to increase the Company's quarterly dividend by 25% to $0.20 per common share. The increase will be effective with the Company's next scheduled dividend, which is payable January 3, 2024, to shareholders of record at the close of business on December 19, 2023. “Over the past five years, PulteGroup has generated $6.9 billion of cash flow from operations which have been used to fund our gr.

PulteGroup Increases Quarterly Cash Dividend by 25% to $0.20 Per Share

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ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that Ryan Marshall, President and Chief Executive Officer, was recognized as the select honoree at Building Homes for Heroes' 11th Annual Honoree Gala. The event took place at the New York Stock Exchange on November 6, 2023. “I am humbled to receive this recognition and grateful for the enduring partnership of our Built to Honor program and Building Homes for Heroes,” said Ryan Marshall. “It is a privilege to have the opport.

PulteGroup President and CEO Ryan Marshall Honored at Building Homes for Heroes' 11th Annual Honoree Gala

ATLANTA--(BUSINESS WIRE)--This Veterans Day, PulteGroup (NYSE: PHM) is honoring those who have bravely served our country, including the wounded veterans helped through its Built to Honor® program, and the military veterans who work at PulteGroup. “PulteGroup is immensely proud of its longstanding commitment to veterans,” said Ryan Marshall, President and CEO of PulteGroup. “We show our support in ways that uniquely suit our capabilities as a homebuilder. Through Built to Honor, we provide mort.

PulteGroup Kicks Off Veterans Day Observance with Built to Honor® Home Dedication

DETROIT--(BUSINESS WIRE)--With a performance by a highly acclaimed national anthem singer and even more fanfare to match the moment, U.S. Air Force Master Sergeant Paulus Obey and his family recently received the keys to their new home – and next step in life – through PulteGroup's Built to Honor® program. During a dedication ceremony at Pulte Homes' Thornton Farms West community in Dexter, Michigan on October 5, Master Sergeant Obey became the latest veteran to receive a new, mortgage-free hom.

PulteGroup's Built to Honor® Program Presents Michigan Air Force Veteran with Keys to New Mortgage-Free Home

NEW YORK , Nov. 6, 2023 /PRNewswire/ -- Building Homes for Heroes (BHFH) announced a special mortgage payoff today for an Iraq War veteran with advanced cancer, an inspiring moment at its 11th annual gala at the New York Stock Exchange that also recognized PulteGroup for supporting the national nonprofit. Andy Pujol, founder and CEO of Building Homes for Heroes, said the organization will pay the remaining mortgage for Mike Broderick, who retired as an Army captain after nearly two decades of service.

Building Homes for Heroes pays off mortgage for ailing veteran, honors PulteGroup

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News for PulteGroup Stock (PHM)