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.

Does PulteGroup (PHM) have what it takes to be a top stock pick for momentum investors? Let's find out.

PulteGroup (PHM) Is Up 5.33% in One Week: What You Should Know

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PulteGroup (PHM) banks on its land strategy and entry-level buyers amid industry woes that hamper its orders and backlog.

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Looking for a Fast-paced Momentum Stock at a Bargain? Consider PulteGroup (PHM)

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DETROIT--(BUSINESS WIRE)--From getting the surprise of a lifetime, to seeing shovels in the ground, U.S. Air Force Master Sergeant Paulus Obey and his family are one step closer to having a home they can call their own through PulteGroup's Built to Honor® program. The Obey family recently took part in a groundbreaking ceremony for their new, mortgage-free home at Pulte Homes' Thornton Farms West community in Dexter, Michigan. Master Sergeant Obey and his wife Janel were escorted to the site of.

PulteGroup Breaks Ground on New Mortgage-Free Home for U.S. Air Force Veteran in Michigan

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ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), will present at the 2023 UBS Global Industrials and Transportation Conference on Wednesday, June 7, 2023, at 8:50 a.m. (EDT). Interested investors can access the webcast of PulteGroup's presentation by logging onto the Company's website at www.pultegroup.com and selecting the Events & Presentations link under the Investor Relations tab. Participants are encouraged to log on at least five minutes prior to the start of the presentation.

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ATLANTA--(BUSINESS WIRE)--PulteGroup (NYSE: PHM) announced today that Kevin A. Henry has been appointed Executive Vice President and Chief People Officer reporting to the CEO. He will join the company on June 20, 2023. Henry brings more than 30 years of experience managing and developing talent and teams for major corporations. Most recently Kevin served as the Chief People Officer for BlueLinx Corporation, a leading wholesale distributor of residential and commercial building products with ann.

PulteGroup Names Kevin Henry as Executive Vice President and Chief People Officer

Contrary to doom and gloom coming from some market prognosticators, residential home builders have been a highly investable industry in 2023. Recently, PulteGroup Inc. NYSE: PHM has been the best price performer among large and mid-cap homebuilders, although other strong price leaders include D.R.

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Just when investors thought the housing market would implode under the "squared weight" of (1) a steeply inverted yield curve and (2) the regional banking crisis, we are witness to homebuilders like PulteGroup ( PHM ) putting up solid Q1 numbers and guidance that lift their prospects considerably. The reason that PHM is a Zacks #1 Rank now is that analysts launched their consensus estimates since that report from full-year EPS of $7.44 to $9.05.

Bull of the Day: PulteGroup (PHM)

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that experienced industry veteran Matthew Koart has been named as Executive Vice President and Chief Operating Officer. Koart replaces John Chadwick who retired effective April 21, 2023. Koart will join the company on May 18, 2023. “With almost 30 years of residential real estate experience, Matt will be an outstanding addition to PulteGroup's leadership team,” said PulteGroup President and CEO Ryan Marshall. “He has extensi.

PulteGroup Names Industry Veteran Matthew Koart as Chief Operating Officer

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PulteGroup (PHM) banks on its land strategy and entry-level buyers, but low orders and backlog hamper its growth prospects.

PulteGroup (PHM) Reaches 52-Week High: Factors to Consider

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Fast-paced Momentum Stock PulteGroup (PHM) Is Still Trading at a Bargain

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LANSING, Mich.--(BUSINESS WIRE)--Attorney Mark Zausmer issued the following statement on behalf of his client Richard Turnbow. According to Turnbow, “On Tuesday, May 9, 2023, Ryan Marshall acknowledged racism within PulteGroup although he has fired just one of the players in the racist and discriminatory scheme our lawsuit made public. "He also has not sent me or my fellow litigants an apology. We lost our employment because we were targeted, lynched, harassed and terminated or chased from Pult.

Zausmer Law Firm: Statement from Richard Turnbow, plaintiff in the case Turnbow v. PulteGroup, Inc. et al.

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News for PulteGroup Stock (PHM)