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

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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.

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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.

ATLANTA--(BUSINESS WIRE)--As the seasons change, say goodbye predictability and hello personalization when it comes to interior home design. From eye catching pops of vivid colors, to intriguing freeform elements and the bold combination of mixed era styling, the interior design experts at PulteGroup Inc. (NYSE: PHM) are sharing the top design and color trends to revamp your home this spring.

PulteGroup Shares New Interior Design and Color Trends to Freshen Up Your Home for Spring

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With the Federal Reserve increasing interest rates by just 25 basis points, and indicating that it may soften its stance toward further hikes this year, does that mean it's rally time for homebuilders such as PulteGroup Inc. (NYSE: PHM), Lennar Corp. (NYSE: LEN) and D.R. Horton Inc. (NYSE: DHI)?

Are Homebuilders Ready To Rally If Fed Rate Hikes Slow?

LAKEWOOD RANCH, Fla.--(BUSINESS WIRE)--In its 10th year of providing mortgage-free homes to deserving veterans, national homebuilder PulteGroup has broken ground on a new home for U.S. Army Sergeant First Class Lucio Gaytan. Awarded through its Built to Honor® program, the Gaytan family will join Pulte's Sapphire Point at Lakewood Ranch community when the home is complete later this year.

PulteGroup Breaks Ground on Mortgage-Free Home for U.S. Army Veteran in Southwest Florida

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

Will PulteGroup's (PHM) Strategy Boost Orders & Backlog?

LOUISVILLE, Ky.--(BUSINESS WIRE)--Pulte Homes announces the opening of its new community in Louisville, The Trails at Belmond. Combining spacious and affordably priced floor plans with a great location just minutes away from outdoor recreation and shopping and dining options, this community is an ideal place for growing families to call home.

Pulte Homes Opens New Community of Affordably Priced Home Designs in Louisville

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its first quarter 2023 financial results before the market opens on Tuesday, April 25, 2023. The Company will hold a conference call to discuss its first 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.

PulteGroup's First Quarter 2023 Earnings Release and Webcast Conference Call Scheduled for April 25, 2023

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Home stocks rally Tuesday as mortgage rates dipped since last week. Several hit 52-week highs on their relative strength lines.

How Is This Possible? Homebuilding Stocks Set Up Bullishly; Housing Market May Give A Boost

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced its expansion into the Greenville market, beginning with three new construction communities under its Pulte Homes brand. The first community, Indigo Park located in Easley, will grand open this summer. Briarwood Reserve in Spartanburg is set to open in late 2023, followed by the opening of Alston Park in Greenville in early 2024.

PulteGroup Enters Greenville, South Carolina Market

The shares of homebuilder PulteGroup, Inc. (NYSE:PHM) are pulling back to the historically bullish 40-day moving average, with similar moves in the past three years preceding gains of nearly 10% during the next month in 80% of the circumstances.

Homebuilding Stock for Bulls to Buy on the Dip

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HGX is up 11% year-to-date and its 7.7% below its February 2 high of $484.03.

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PulteGroup (PHM) reported earnings 30 days ago. What's next for the stock?

Why Is PulteGroup (PHM) Down 7.2% Since Last Earnings Report?

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), will present at the Raymond James & Associates' 44th Annual Institutional Investors Conference on Monday, March 6, 2023, at 1:40 p.m. (ET). Interested investors can access the webcast of PulteGroup's presentation by logging onto the Company's website at pultegroup.com and selecting the Events & Presentations link under the Investor Relations tab.

PulteGroup's Presentation at the Raymond James & Associates' 44th Annual Institutional Investors Conference to Be Webcast Live

While there's conflicting economic and business sentiment about the home building industry, companies including D.R. Horton Inc. (NYSE: DHI), Lennar Corp. (NYSE: LEN), NVR Inc. (NYSE: NVR), PulteGroup, Inc. (NYSE: PHM), Toll Brothers Inc. (NYSE: TOL) are showing constructive chart action in recent weeks.

Are These Home Builder Approaching Possible Buy Points?

PORT ST. LUCIE, Fla.--(BUSINESS WIRE)--A U.S. Air Force veteran and his wife received the news of a lifetime in the beginning of the new year. They were chosen to receive a brand-new mortgage-free home in Port St. Lucie, Florida, awarded by national homebuilder PulteGroup through the company's Built to Honor® program. Celebrating its 10th anniversary in 2023, this will be the first Built to Honor home awarded in Southeast Florida.

PulteGroup Surprises U.S. Air Force Veteran with New Home in Southeast Florida

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U.S. stock markets opened the trading week with declines on Monday, Feb. 6, on concerns about additional tightening moves by the Federal Reserve.

Markets Drop for Second-Straight Day on Fed Hike Fears

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PulteGroup and Group 1 Automotive Show Value and Momentum

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The Federal Reserve's slower momentum on interest rates could be a positive sign that mortgage rates will decline, some industry experts say.

Builder Stocks Rose. Mortgage Rates Could Keep Falling.

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U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.

US Markets Close Out a Strong Month With Gains

Shares of PulteGroup Inc. soared to a one-year high Tuesday, after the home builder's fourth-quarter results included big profit and revenue beats, as home buyers have responded well to the recent pullback in mortgage rates.

Home buying demand picked up as new houses have become more affordable, PulteGroup says

PulteGroup's (PHM) fourth-quarter results reflect higher home prices despite ongoing industry headwinds and softening demand.

PulteGroup (PHM) Q4 Earnings & Revenues Beat, Margins Rise

PulteGroup, Inc. (NYSE:PHM ) Q4 2022 Earnings Conference Call January 31, 2023 8:30 AM ET Company Participants Jim Zeumer - Vice President-Investor Relations & Corporate Communications Ryan Marshall - President & Chief Executive Officer Bob O'Shaughnessy - Executive Vice President & Chief Financial Officer Jim Ossowski - Senior Vice President, Finance Conference Call Participants John Lovallo - UBS Truman Patterson - Wolfe Research Alan Ratner - Zelman & Associates. Michael Rehaut - JPMorgan Carl Reichardt - BTIG Anthony Pettinari - Citi Mike Dahl - RBC Capital Markets Stephen Kim - Evercore ISI Operator Good morning.

PulteGroup, Inc. (PHM) Q4 2022 Earnings Call Transcript

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Pultegroup Inc (NYSE:PHM) stock is trading at one-year highs, up 7.8% at $56.04 at last glance, after the homebuilding name reported fourth-quarter profits of $3.63 per share on revenue of $5.17 billion, beating estimates of $2.93 per share on $4.59 billion.

Homebuilding Stock Hits 1-Year High After Earnings

PulteGroup (PHM) delivered earnings and revenue surprises of 26.04% and 12.33%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

PulteGroup (PHM) Q4 Earnings and Revenues Beat Estimates

News for PulteGroup Stock (PHM)