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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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) CEO Ryan Marshall on Q3 2021 Results - Earnings Call Transcript

Although PulteGroup's (PHM) Q3 earnings and sales miss expectations due to supply chain challenges, the metrics gain year over year on solid demand trends.

PulteGroup (PHM) Q3 Earnings, Revenues Miss on Supply Chain Woes

PulteGroup (PHM) delivered earnings and revenue surprises of -0.55% and -1.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

PulteGroup (PHM) Q3 Earnings and Revenues Miss Estimates

PulteGroup (NYSE:PHM) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:30 AM. Here's what investors need to know about the announcement.

Recap: PulteGroup Q3 Earnings

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its third quarter ended September 30, 2021. For the quarter, the Company reported net income of $476 million, or $1.82 per share. In the prior year, the Company reported net income of $416 million, or $1.54 per share, and adjusted net income of $363 million, or $1.34 per share, which excludes a tax benefit of $53 million resulting from energy tax credits recorded in the period. “PulteGroup's third quart

PulteGroup Reports Third Quarter 2021 Financial Results

Focus on entry-level buyers, and higher deliveries and average selling price are likely to have aided PulteGroup's (PHM) Q3 revenues.

Higher Pricing, Deliveries to Aid PulteGroup (PHM) Q3 Earnings

PulteGroup's (PHM) Q3 earnings are likely to have benefited from solid housing demand and higher ASP. Yet, supply chain woes may have been risks.

PulteGroup (PHM) to Report Q3 Earnings: What's in Store?

In the latest trading session, PulteGroup (PHM) closed at $49.37, marking a +1.98% move from the previous day.

PulteGroup (PHM) Outpaces Stock Market Gains: What You Should Know

D.R. Horton

Lennar

Toll Brothers

TRI Pointe Group

While supply chain issues and labor shortages persist for the nation's homebuilders, home buyer demand continues to be robust.

5 Popular Homebuilders Gurus Have Constructed Positions In

PulteGroup (PHM) closed at $47.25 in the latest trading session, marking a -0.17% move from the prior day.

PulteGroup (PHM) Stock Moves -0.17%: What You Should Know

Korn/Ferry Int.

There are some investors who believe growth is important, but also do not want to pay too much for it. They are looking for stocks in which growth and value are working together, laying a strong foundation for an investment they hope will be successful.

2 Stocks for GARP Investors

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) is proud to announce that the Pulte Family Charitable Foundation has committed $200,000 to support its Built to Honor® program, which provides mortgage-free homes to veterans living with disabilities as a result of their military service. The Pulte Family Charitable Foundation honors revered homebuilding pioneer and PulteGroup founder William “Bill” Pulte. Led by his family members and operating independently from the homebuilding company,

PulteGroup's Built to Honor Program Presented with Pulte Family Charitable Foundation Grant

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its third quarter 2021 financial results before the market opens on Tuesday, October 26, 2021. The Company will hold a conference call to discuss its third 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 & Presentation

PulteGroup's Third Quarter 2021 Earnings Release and Webcast Conference Call Scheduled for October 26, 2021

M/I Homes

MGIC Investment

NMI Hlds

Opendoor

Redfin

Rocket Companies, Inc.

Zillow

I analyze four housing sectors - realtors, homebuilders, mortgage bankers and private mortgage insurers. I compare them on three factors - supply, demand and valuation.

Housing Industry Picks And Pans - The Supply/Demand Test

PulteGroup (PHM) closed at $48.22 in the latest trading session, marking a +1.35% move from the prior day.

PulteGroup (PHM) Gains As Market Dips: What You Should Know

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today its recognition as one of the 2021 Best Workplaces for Women™ by Fortune and Great Place to Work®, ranking #30. This is the company's second year being named to this prestigious list, previously debuting at #68 in 2020. “We are thrilled to be recognized as a best workplace for women for the second consecutive year. This recognition is especially meaningful because it is based on feedback from our team members,” said PulteGro

PulteGroup Named One of the 2021 Best Workplaces for Women™ for the Second Consecutive Year

Pulte Warns Of Supply Shortages. Who Cares? Buy This Stock

Pulte Warns Of Supply Shortages. Who Cares?

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.

PreMarket Prep Stock Of The Day: PulteGroup, Inc.

PulteGroup (PHM) witnesses intense supply chain disruptions in the second half of 2021.

PulteGroup's (PHM) Q3 & 2021 Guidance Trimmed, Shares Down

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per common share payable October 5, 2021, to shareholders of record at the close of business on September 20, 2021. About PulteGroup PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America's largest homebuilding companies with operations in more than 40 markets throughout the country. Through its brand portfolio that includes Cente

PulteGroup Announces Quarterly Cash Dividend of $0.14 Per Share

Pulte Group Inc (NYSE: PHM) has updated select guidance for Q3 and FY21. Pulte sees Q3 closings to increase about 8% Y/Y to 7,000 homes (prior outlook 7,300 - 7,600 homes).

Pulte Group Shares Slide After Reducing Q3, FY21 Home Closing Outlook

Shares of PulteGroup Inc. PHM, -1.25% fell 0.6% in premarket trading Wednesday, after the home builder cut its third-quarter deliveries outlook, as increased supply chain disruptions and shortages of building products continue to hurt the pace of operations. The company now expects third-quarter closings to be up 8% from a year ago to 7,000 homes, but that's below the deliveries guidance range provided on July 27 of 7,300 to 7,600.

PulteGroup stock falls after deliveries outlook cut as supply chain disruptions increased

ATLANTA--(BUSINESS WIRE)--In advance of upcoming investor conferences, PulteGroup, Inc. (NYSE: PHM) announced today updated closing guidance for its third quarter and full year 2021. PulteGroup currently expects third quarter closings to increase approximately 8% over last year to 7,000 homes. For the full year, the Company expects closings to increase approximately 19% to 21% to between 29,250 and 29,750 homes. “Despite the extraordinary efforts of our trade partners, the supply chain issues t

PulteGroup Updates Select Guidance for Q3 and Full Year 2021

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today its recognition on PEOPLE's 100 Companies that Care® 2021 list. Published by PEOPLE magazine, the Companies that Care list is comprised of the top workplaces in the United States that have demonstrated outstanding respect, care and concern for their employees, communities and the environment. Ranked #3, this is PulteGroup's first appearance on this prestigious list by Great Place to Work® and PEOPLE. “At PulteGroup, we appre

PulteGroup Ranks Third on PEOPLE's 100 Companies that Care® 2021 List

New home demand should remain strong for the next five years because housing is in seriously short supply. Pulte has steadily improved its gross and overhead margins over the past decade, and has sharply increased its free cash earned per home.

News for PulteGroup Stock (PHM)