Q1 Earnings Forecast for PulteGroup Issued By Zacks Research

PulteGroup, Inc. (NYSE:PHM) – Zacks Research decreased their Q1 2025 earnings per share estimates for shares of PulteGroup in a report released on Wednesday, February 12th. Zacks Research analyst R. Department now forecasts that the construction company will earn $2.52 per share for the quarter, down from their previous estimate of $2.87. The consensus estimate for PulteGroup’s current full-year earnings is $12.43 per share.

PHM has been the topic of several other research reports. StockNews.com downgraded shares of PulteGroup from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th. BTIG Research boosted their target price on shares of PulteGroup from $139.00 to $156.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Citigroup decreased their price target on PulteGroup from $146.00 to $119.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Seaport Res Ptn cut shares of PulteGroup from a “hold” rating to a “strong sell” rating in a research report on Monday, January 27th. Finally, UBS Group boosted their target price on PulteGroup from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $140.86.

PulteGroup Stock Performance

Shares of NYSE PHM opened at $107.45 on Monday. The company has a market cap of $22.04 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.29 and a beta of 1.68. PulteGroup has a 12 month low of $100.24 and a 12 month high of $149.47. The business’s 50 day moving average is $112.63 and its two-hundred day moving average is $126.12. The company has a quick ratio of 0.73, a current ratio of 0.86 and a debt-to-equity ratio of 0.13.

PulteGroup (NYSE:PHM) last posted its earnings results on Thursday, January 30th. The construction company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.28 by $0.22. PulteGroup had a net margin of 17.18% and a return on equity of 24.43%.

Institutional Trading of PulteGroup

Several hedge funds and other institutional investors have recently modified their holdings of PHM. Fortitude Family Office LLC grew its holdings in shares of PulteGroup by 115.1% during the third quarter. Fortitude Family Office LLC now owns 185 shares of the construction company’s stock worth $27,000 after buying an additional 99 shares in the last quarter. Transcendent Capital Group LLC bought a new position in shares of PulteGroup during the 3rd quarter worth approximately $29,000. Hager Investment Management Services LLC acquired a new stake in shares of PulteGroup in the fourth quarter valued at approximately $29,000. TD Waterhouse Canada Inc. raised its holdings in shares of PulteGroup by 43.0% in the fourth quarter. TD Waterhouse Canada Inc. now owns 349 shares of the construction company’s stock valued at $38,000 after purchasing an additional 105 shares during the last quarter. Finally, R Squared Ltd bought a new stake in shares of PulteGroup in the fourth quarter worth $39,000. Institutional investors and hedge funds own 89.90% of the company’s stock.

Insider Activity at PulteGroup

In related news, VP Brien P. O’meara sold 3,500 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $106.40, for a total transaction of $372,400.00. Following the sale, the vice president now directly owns 11,372 shares in the company, valued at $1,209,980.80. This trade represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Brian P. Anderson sold 2,500 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.45, for a total transaction of $266,125.00. Following the completion of the transaction, the director now directly owns 56,617 shares of the company’s stock, valued at approximately $6,026,879.65. The trade was a 4.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 21,191 shares of company stock worth $2,256,367. 0.83% of the stock is owned by company insiders.

PulteGroup announced that its board has initiated a share repurchase plan on Thursday, January 30th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 6.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

PulteGroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Tuesday, March 18th. PulteGroup’s dividend payout ratio (DPR) is presently 5.98%.

PulteGroup Company Profile

PulteGroup, Inc, through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names.