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 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.

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.

Buy PulteGroup, Ride Strong New Home Demand And PHM's Raging Cash Flow

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PulteGroup (PHM) Up 3% Since Last Earnings Report: Can It Continue?

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PulteGroup (PHM) is set to boost customer experience via its recent website launch.

PulteGroup (PHM) Unveils MINE x Pulte, Focuses on Innovation

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As homebuilder stocks sell off, analyst lays out key level to watch

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David Tepper's Appaloosa trims equity holdings, sells off Disney, PayPal stakes while adding Uber, Pulte bets

ATLANTA--(BUSINESS WIRE)--From contemporary desert homes in Arizona, to modern farmhouse designs in Texas, to breezy coastal-inspired décor in Florida, the in-house design team at PulteGroup (NYSE: PHM) professionally decorates over 425 homes each year. Now the homebuilder is making it easy for its customers to achieve a designer look in their new home. With MINE x Pulte, an online interior design service, homebuyers can buy the same furniture and décor pieces that Pulte Interiors features in i

PulteGroup Integrating Innovative Technology to Help Customers Furnish their New Home

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PulteGroup, Inc. (NYSE: PHM) reported second-quarter revenue growth of 29.5% year-over-year to $3.36 billion, missing the consensus of $3.51 billion. Adjusted EPS of $1.72 missed the consensus of $1.75.

Pultegroup Reports Solid Top-Line Growth In Q2, Misses On Estimates

PulteGroup (PHM) CEO, Ryan Marshall on Q2 2021 Results - Earnings Call Transcript

Higher demand on the back of lower mortgage rates helps PulteGroup (PHM) to post higher Q2 earnings and revenues.

PulteGroup (PHM) Q2 Earnings Meet, Revenues Miss, Stock Up

PulteGroup (PHM) delivered earnings and revenue surprises of 0.00% and -4.50%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

PulteGroup (PHM) Q2 Earnings Meet Estimates

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its second quarter ended June 30, 2021. For the quarter, the Company reported net income of $503 million, or $1.90 per share. Adjusted net income for the quarter was $456 million, or $1.72 per share, after excluding a $46 million pre-tax insurance benefit and a tax benefit of $12 million resulting from a change in valuation allowances associated with state net operating loss carryforwards. Prior year re

PulteGroup Reports Second Quarter 2021 Financial Results

Invitation Homes

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH)(“Invitation Homes” or the “Company”) , the nation's premier single-family home leasing company, and PulteGroup, Inc. (NYSE: PHM), the nation's third largest homebuilder, announced today the formation of an innovative strategic relationship. As part of this relationship, Invitation Homes expects to purchase approximately 7,500 new homes over the next five years that PulteGroup will design and build expressly for this purpose. The compan

Invitation Homes & PulteGroup Form Strategic Relationship For Purchase Of Approximately 7,500 New Homes

Focus on entry-level buyers, higher deliveries and average selling price is likely to have aided PulteGroup's (PHM) Q2 revenues.

PulteGroup (PHM) to Post Q2 Earnings: Home Sales Hold Key

The housing sector has been underinvested for nearly a decade and now stretching to keep up with booming demand.

PulteGroup: A Strong Operator, Growing Market, And A Cheap Stock

PulteGroup's (PHM) Q2 earnings are likely to have benefited from solid housing demand and higher ASP.

High Prices & Deliveries to Aid PulteGroup (PHM) Q2 Earnings

PulteGroup (PHM) closed the most recent trading day at $50.92, moving -0.16% from the previous trading session.

News for PulteGroup Stock (PHM)