Pultegroup is a construction company located in Georgia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker PHM on the NYSE exchange.
Pultegroup stock last closed at $55.42, down 0.96% from the previous day, and has increased 17.04% in one year. It has overperformed other stocks in the Residential Construction industry by 0.07 percentage points. Pultegroup stock is currently +58.2% from its 52-week low of $35.03, and -8.98% from its 52-week high of $60.89.
As of Mar 17, 2023, there are 225.6M shares of PHM outstanding. The market value of PHM is $12.50B. In the past 24 hours, 8.68M PHM shares were traded.
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After you have figured out the best place to buy Pultegroup stock, it's very important to analyze their stock before you buy, so you actually comprehend the risk and opportunity.
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on PHM's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge PHM's intrinsic value.
Using relative valuations measures:
You can access more valuation research on PHM's stock here.
Out of 15 Equities analysts who monitor PHM, the consensus analyst rating on PHM is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Kenneth Zener, a top 10% analyst from KeyBanc maintains PHM with a strong buy rating and raises their PHM price target from $51.00 to $66.00, on Feb 3, 2023.
Michael Rehaut, a top 7% analyst from JP Morgan maintains PHM with a strong buy rating and raises their PHM price target from $65.00 to $74.00, on Feb 2, 2023.
Pettinari raised his price target on PulteGroup, Inc. by 13.9% following the release of the company's Q4 and FY 2022 earnings report on 2023/01/31.
Results were "strong," the analyst told investors.
Management highlighted "solid" demand trends in 2023/01 with sales activity improving sequentially every month in Q4, Pettinari added, noting that a "reasonable valuation" keeps him positive on the name.
For Q4 2022:
For FY 2022:
In its earnings call, management guided for Q1 2023 (but declined to guide for FY 2023):
President & CEO Ryan Marshall commented: "Our strong Q4 results allowed PulteGroup to lower its debt-to-capital ratio to 18.7% and deliver a full-year return on equity of 32.9%.
“While demographics, supply dynamics and the overall financial benefits of home ownership keep us confident about long-term demand, Federal Reserve actions to fight inflation through higher interest rates continued to impact homebuying demand in the quarter.
"Given these conditions, we are managing our house and land inventory to efficiently turn our assets and maximize returns, while continuing to strengthen our balance sheet and return funds to our shareholders.”
Anthony Pettinari, a top 3% analyst from Citigroup maintains PHM with a strong buy rating and raises their PHM price target from $56.00 to $68.00, on Feb 2, 2023.
Mike Dahl, a bottom 16% analyst from RBC Capital maintains PHM with a hold rating and raises their PHM price target from $46.00 to $54.00, on Feb 1, 2023.
Jay McCanless, a top 8% analyst from Wedbush maintains PHM with a hold rating and raises their PHM price target from $47.00 to $57.00, on Feb 1, 2023.
You can dig deeper into what analysts are projecting on the Pultegroup stock forecast page.
Last year, PHM earnings were $2.62B. Over the past five year, PHM's earnings have grown by 50.16% per year. This was faster than the Residential Construction industry average of 41.12%.
Last year, PHM revenue was $16.23B. During the past five year, PHM's revenue has gone up by 13.6% per year. This was slower than the Residential Construction industry average of 17.38%.
You can analyze PHM's earnings and revenue performance here.
Over the last year, insiders at PHM have sold more shares than they have bought.
Todd N. Sheldon, EVP Gen Counsel Corp Secy of PHM, was the latest PHM insider to sell. They sold $861,204.34 worth of PHM shares on Mar 2, 2023.
Research more about who owns PHM shares here.
Pultegroup pays a dividend of 1.12%, compared to the Residential Construction industry's average dividend yield of 1.72%. If you owned $1,000 of PHM stock, you would have received $11.19 last year.
Pultegroup dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Pultegroup dividend yield and history here.
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