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.

Prudent strategies are expected to have aided PulteGroup (PHM) in the second quarter. Yet, higher operating expenses are likely to have weighed on quarterly results.

PulteGroup (PHM) Q2 Home Sales to Grow Despite Rate Woes

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that Bob O'Shaughnessy, Executive Vice President and Chief Financial Officer, has notified the Company that he intends to retire at the end of 2025. As part of its long-term succession planning process, PulteGroup has named Jim Ossowski, currently PulteGroup's Senior Vice President, Finance, as successor. O'Shaughnessy, who joined the Company in 2011, will continue to serve as PulteGroup CFO through year end and final certif.

PulteGroup CFO Bob O'Shaughnessy Announces Plan to Retire in 2025

PulteGroup Inc. PHM is scheduled to report second-quarter 2024 results on Jul 23, before the opening bell. In the first quarter of 2024, PulteGroup demonstrated strong resilience in a high-rate environment.

PulteGroup (PHM) Stock Before Q2 Earnings: Buy, Sell, or Hold?

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D.R. Horton, PulteGroup, Meritage Homes, KB Home and M/I Homes have been highlighted in this Industry Outlook article.

Zacks Industry Outlook D.R. Horton, PulteGroup, Meritage Homes, KB Home and M/I Homes

Although higher rates and a rise in land/labor costs pose risks, the lack of existing homes for sale and better operating leverage are likely to drive the Zacks Building Products - Home Builders industry. DHI, PHM, MTH, KBH and MHO are well-positioned to gain.

5 Stocks to Watch From the Promising Homebuilding Industry

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D.R. Horton, KB Home NVR, PulteGroup and Toll Brothers are included in this Analyst Blog.

The Zacks Analyst Blog D.R. Horton, KB Home NVR, PulteGroup and Toll Brothers

PulteGroup (PHM) concluded the recent trading session at $116.24, signifying a -0.08% move from its prior day's close.

PulteGroup (PHM) Stock Declines While Market Improves: Some Information for Investors

We have narrowed our search to five homebuilders' stocks. These are: KBH, NVR, PHM, TOL, DHI.

5 Homebuilders to Watch on Interest Rate Cut Expectations

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The housing market has faced headwinds in recent times, primarily due to the impact of rising interest rates. This surge in borrowing costs has slowed down homebuying activity, leading to a decline in homebuilder stock prices.

Falling Inflation Sparks Optimism for These 3 Home Builder Stocks

Homebuilder stocks jumped Thursday on hopes that mortgage rates will start to significantly downshift this year.

Homebuilder Stocks Rise As Milder Inflation Fuels Rate Cut Hopes

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Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve may soon start to lower interest rates.

Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes

In the latest trading session, PulteGroup (PHM) closed at $104.70, marking a -0.53% move from the previous day.

PulteGroup (PHM) Stock Drops Despite Market Gains: Important Facts to Note

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is PulteGroup (PHM) a Buy as Wall Street Analysts Look Optimistic?

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The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy VITL, PHM, ATO, SCS and SKX.

5 Low-Leverage Stocks to Buy Following Key Labor Data Release

PulteGroup stock has seen impressive upside, outperforming the S&P 500 by a significant margin. The company has shown stability and growth in operations despite uncertainties in the homebuilding market. PulteGroup's financial performance has remained strong, with revenue and profitability increasing in recent quarters.

PulteGroup Stock: Worthy Of More Upside From Here

HOUSTON--(BUSINESS WIRE)--PulteGroup, one of America's leading homebuilders, recently celebrated the groundbreakings of Ryehill and Del Webb Sugar Land at Ryehill, new masterfully planned communities perfectly located in Sugar Land near Hwy 59 and Grand Parkway. Once completed, these communities will feature approximately 2,500 homes offering a variety of flexible floorplans from Pulte Homes, Taylor Morrison and Del Webb, PulteGroup's brand for active adults. Pulte Homes and Taylor Morrison wil.

PulteGroup Breaks Ground on New Master-Planned Ryehill Communities in Sugar Land

Prudent operating model pricing efforts and incentives are set to drive PulteGroup (PHM) amid challenges.

PulteGroup Slides 11% in a Month: Buy PHM Stock on the Dip?

The homebuilders industry and construction stocks have been in the spotlight recently, and the XHB SPDR S&P Homebuilders ETF NYSE: XHB is currently at a pivotal support level. As the ETF hovers near this critical point, investors might be questioning whether the sector can sustain its momentum or if a significant pullback is imminent.

3 Homebuilder Stocks on Edge: Will the Sector Hold Its Ground?

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The new market cycle could be the best environment for ‘boring' stocks to take off. Recently, there has been some interest in the real estate sector, especially after Warren Buffett started buying homebuilding stocks like PulteGroup Inc. NYSE: PHM and D.R.

3 Stocks Wall Street Could Be Watching on Fannie Mae's Rally

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Genuine Parts (GPC), CSX Corporation (CSX), PulteGroup (PHM), Kellanova (K) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as markets move up on AI-driven rally.

5 Stocks With High ROE to Buy on Sustained AI-Infused Rally

Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has been a mixed performer this year, rising by just about 2% year-to-date. This compares to the S&P 500, which has gained almost 16% over the same period.

How Will PulteGroup & Homebuilder Stocks Navigate A Softening Housing Market?

Sales of new U.S. single-family homes slipped in May, marking the lowest level in six months, according to the U.S. Census Bureau's latest report. New home sales — a leading housing market indicator based on signed contracts, not closings — decreased 11.3% to a seasonally adjusted annual rate of 619,000 units in May from April, according to the Commerce Department's report released on Jun 26, 2024.

New Home Sales Dip in May: What Lies Ahead for Housing?

PulteGroup (PHM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock PulteGroup, Inc. (PHM) a Buy Now?

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High-flying growth stocks have helped lift major indices this quarter. The S&P 500 is on track for a 4% gain, and the tech-heavy Nasdaq is set to rise by around 7%.

3 High-Flying Growth Stocks Ready to Outpace the Competition

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Barron's recently suggested that the malaise in homebuilder stocks that's been ongoing since March looks ready to end. That suggests investors might want to consider homebuilder stocks to buy to ride their upward correction.

News for PulteGroup Stock (PHM)