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.

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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.

PulteGroup Inc. PHM, +2.81% reported Tuesday fourth-quarter profit and revenue that rose above expectations, as a slight decline in net new orders was offset by a big jump in order values. The home builder's stock was still inactive in the premarket.

PulteGroup profit and revenue rise above expectations, as average home sales price jumps 10%

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter ended December 31, 2021. For the quarter, the Company reported net income of $663 million, or $2.61 per share. Adjusted net income for the period was $637 million, or $2.51 per share, after excluding a $23 million net pre-tax benefit from adjustments to insurance-related reserves and a tax benefit of $9 million from deferred tax valuation allowance adjustments recorded in the period.

PulteGroup Reports Fourth Quarter 2021 Financial Results

Focus on entry-level buyers, higher deliveries and average selling price are likely to have aided PulteGroup's (PHM) Q4 revenues.

Can Higher Pricing Benefit PulteGroup's (PHM) Q4 Earnings?

PulteGroup's (PHM) Q4 earnings are likely to have benefited from solid housing demand and higher ASP. Yet, supply chain woes may have been risks.

Is a Beat in the Cards for PulteGroup's (PHM) Q4 Earnings?

PulteGroup (PHM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for PulteGroup (PHM) This Earnings Season?

BOCA RATON, Fla., Jan. 26, 2022 /PRNewswire/ -- The Pulte Family is pleased to announce the publishing of its book on Bill Pulte, called "The Home That Bill Pulte Built", which reveals an inside look into Billionaire and PulteGroup (PHM:NYSE) Founder William J.

THE PULTE FAMILY PUBLISHES BOOK OF PULTEGROUP FOUNDER WILLIAM J. "BILL" PULTE (PHM:NYSE) AND GRANDSON WILLIAM J.

Advanced Micro Devices

Ford Motor Company

General Motors

Exxon Mobil

Five S&P 500 companies will report earnings next week. These are: XOM, F, GM, AMD and PHM.

Top 5 S&P 500 Stocks Poised to Beat on Q4 Earnings Next Week

Hovnanian Enterprises

M/I Homes

I have previously recommended PulteGroup, M/I Homes and Hovnanian Enterprises. These stocks are selling in a remarkably low P/E range of 3.3 to 5.6. Further, Hovnanian and M/I Homes are selling well below liquidation value.

Homebuilders Are Great Value Plays - Very Low Expectations Will Be Easily Exceeded

D.R. Horton

KB Home

Lennar

Toll Brothers

Although a rise in input prices and land/labor costs pose risks, higher demand is likely to drive the industry. DHI, LEN, TOL, PHM and KBH are well positioned to gain.

5 Stocks to Play Strength in Booming Homebuilding Industry

Beazer Homes USA

Hovnanian Enterprises, Inc. Pfd Shs Series A

M.D.C. Holdings

Meritage Homes

Taylor Morrison Home

We all know the homebuilder sector is cyclical, yet shares remain cheap, most trading at single-digit multiples.

Who's Ready For Some 'Bob The Builder' Bargains?

MURFREESBORO, Tenn.--(BUSINESS WIRE)--Last year U.S. Army Specialist Christopher Lewis was surprised with the life-changing news that he will receive a new mortgage-free home through PulteGroup's Built to Honor® program. Now, he and his family have officially broken ground on their future home in the Rucker Landing community by Centex in Murfreesboro. “Specialist Lewis has served our country with pride and we hope this new home will help ease his struggles and provide his family many future hap

PulteGroup's Built to Honor® Program Breaks Ground on New Mortgage-Free Home for Injured Veteran and Family in Tennessee

The SPDR S&P Homebuilders ETF had a dovish start to the year, but Evercore ISI's Stephen Kim is confident 2022 will be a good year for the homebuilder space. Kim's outlook on the construction space According to Kim, higher volatility could make it a challenging year for equities in general, but he still expects homebuilder […] The post Evercore ISI sees significant upside in homebuilder stocks appeared first on Invezz.

Evercore ISI sees significant upside in homebuilder stocks

iShares U.S. Home Construction ETF

The iShares US Home Construction ETF lost 2.69% on Monday, its worst day since September 30th when it fell 2.89%.

Homebuilder stocks rebound day after rate scare plunge

Industry has been plagued by supply chain challenges that lack any quick remedy.

PulteGroup: Strong Contrarian Value Play 25% Undervalued

RALEIGH, N.C.--(BUSINESS WIRE)--This holiday season the family of fallen Green Beret Army Chief Warrant Officer 2 Michael Duskin received the gift of homeownership thanks to PulteGroup's Built to Honor® program. Gold Star spouse Maggie Duskin was presented with the keys to her new home in Pulte's Rutherford community in Fuquay-Varina during a celebratory event last week. The two story, 2,800+ sq. ft. single-family home was fully furnished, and included a grand holiday surprise: a Christmas tree

PulteGroup's Built to Honor® Program Dedicates New Mortgage-Free Home to Gold Star Family in Raleigh

CHARLOTTE, N.C.--(BUSINESS WIRE)--In a celebratory event, U.S. Army Sergeant First Class Carl Roush was presented with the keys to his new mortgage-free Pulte Home in the Southstone community in Stallings, North Carolina. The home was built and donated through PulteGroup's Built to Honor® program, which provides the gift of a new home to wounded veterans and their families across the country. “We are proud to welcome Army Sergeant First Class Roush and his family to their new home as an express

Purple Heart Recipient Receives New Mortgage-Free Home in Charlotte, Thanks to PulteGroup's Built to Honor® Program

PulteGroup (PHM) closed the most recent trading day at $52.98, moving -1.87% from the previous trading session.

PulteGroup (PHM) Dips More Than Broader Markets: What You Should Know

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2021 financial results before the market opens on Tuesday, February 1, 2022. 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 2021 Earnings Release and Webcast Conference Call Scheduled for February 1, 2022

LGI Homes

This is good news for homeowners, bad news for prospective home buyers, and ultimately great news for housing market investors. As we believe these housing stocks will be big winners throughout the 2020s.

Welcome to the First Inning of the 10-Year Housing Boom

PulteGroup (PHM) closed at $55.37 in the latest trading session, marking no change from the prior day.

PulteGroup (PHM) Flat As Market Sinks: What You Should Know

In the latest trading session, PulteGroup (PHM) closed at $52.09, marking a -0.76% move from the previous day.

PulteGroup (PHM) Stock Moves -0.76%: What You Should Know

PulteGroup (PHM) boosts investors' sentiments with fourth consecutive dividend increase.

PulteGroup (PHM) Cheers Investors With 7% Dividend Hike

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today its recognition as one of the Best Workplaces for Parents™ in 2021. This is the company's first appearance on this prestigious list compiled by Great Place to Work®, the global authority on workplace culture. “This recognition is a great acknowledgment of the programs and benefits we have in place to support parents in our organization,” said PulteGroup Senior Vice President of Human Resources Michelle Hairston. “Our employe

PulteGroup Named Among the Best Workplaces for Parents™ in 2021 by Great Place to Work®

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors voted to approve a 7% increase in the Company's quarterly cash dividend to $0.15 per common share. The increase will be effective with the Company's next scheduled dividend, which is payable January 4, 2022, to shareholders of record at the close of business on December 15, 2021. “This is the fourth consecutive year in which PulteGroup has raised its dividend and brings the total per-share increas

PulteGroup Increases Quarterly Cash Dividend by 7% to $0.15 Per Share

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

News for PulteGroup Stock (PHM)