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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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.

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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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PulteGroup (PHM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

PulteGroup (PHM) Upgraded to Strong Buy: Here's Why

LANSING, Mich.--(BUSINESS WIRE)--According to Idus Hartsfield, Richard Turnbow and Roderick Hunter, “While we sued PulteGroup after suffering racial discrimination, we have decided to withdraw this particular litigation rather than settle on terms that would require us to 'sell out' and portray a false version of the real culture at PulteGroup. Ryan Marshall's PulteGroup threatened to use procedural legal tactics to evade responsibility for racist wrongdoing and condoned an employee using a noo.

Zausmer Law Firm: Statement from plaintiffs in the case Hartsfield, Turnbow and Hunter vs. PulteGroup, Inc. et al.

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PulteGroup (PHM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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ATLANTA--(BUSINESS WIRE)--For many veterans, returning to civilian life can surface a wide range of emotions and experiences, especially for those who return forever changed due to injury or disability incurred while serving. Many face uncertainty about life after service, and hardships while supporting the spouses and children who carried untold silent duties while their loved one served. For the last decade, one of the nation's largest homebuilders, PulteGroup (NYSE: PHM), has committed to he.

PulteGroup Celebrates the 10th Anniversary of its Built to Honor® Program, Recognizing and Thanking Our Nation's Veterans

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PulteGroup (PHM) introduces Indigo Park community in Greenville and two Grand Arbor communities in Columbia.

PulteGroup (PHM) Debuts in Greenville and Columbia Markets

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GREENVILLE, S.C.--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) one of the nation's largest homebuilders, today announced the opening of its first communities in Greenville and Columbia, South Carolina. The Company previously announced its entry into Greenville in March, and Columbia last August. Under its Pulte Homes brand, Indigo Park is now open in Easley, South Carolina. This new construction enclave of 62 single-family homes marks the Company's first community in the Greenville market. Ind.

PulteGroup Grand Opens First Communities in Greenville and Columbia, South Carolina

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The home construction sector traded unanimously higher into record territory in morning trading Tuesday, after data showing a big surprise month-over-month jump in new home sales for May, compared with expectations of a slight decline. The iShares U.S. Home Construction exchange-traded fund ITB, +2.08% powered up 1.9% in morning trading, with all 48 of its equity components trading higher.

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PulteGroup: No Margin Of Safety Based On A Cyclical Perspective

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SAVANNAH, Ga.--(BUSINESS WIRE)--Sitting down for what she thought was going to be an interview about her military service, U.S. Army Sergeant Keysia Calmese had no idea she was about to get a life-changing surprise: she will receive a brand-new, mortgage-free Pulte home through PulteGroup's Built to Honor® program. She becomes the latest deserving veteran to receive a home through Built to Honor, which is celebrating its 10th anniversary this year. Sergeant Calmese, who was injured during her t.

News for PulteGroup Stock (PHM)