Pultegroup Stock News

FFBC, PHM, and GATX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 4, 2022

PulteGroup (NYSE:PHM) declares $0.15/share quarterly dividend, in line with previous.Forward yield 1.1%Payable April 5; for shareholders of record March 15; ex-div March 14.See PHM Dividend…

Homebuilder stocks have struggled in 2022 as the Federal Reserve has signaled multiple rate hikes this year.

MDC's fourth-quarter results benefit from solid demand for homes throughout the markets served.

The market is roaring higher off its correction lows, with some tech stocks up 10% to 20% in two days. Many investors worry the blue-chip bargains are gone. It's always and forever a market of stocks,

Spending on residential construction projects have been helping the construction sector, which is likely to bode well for stocks like Toll Brothers (TOL), KB Home (KBH), PulteGroup (PHM) and Lennar Co

I expect Pulte to earn nearly $10 per share this year and close to that level for the foreseeable future. Pulte has three main earnings drivers.

PulteGroup's (PHM) Q4 results benefit from higher demand and solid overhead leverage.

PulteGroup Inc. reported Tuesday fourth-quarter profit and revenue that rose above expectations, as a slight decline in net new orders was offset by a big jump in order values. The home builder''s stock was still inactive in the premarket. Net income rose to $663.3 million, or $2.61 a share, from $438.1 million, or $1.62 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to $2.51, beating the FactSet consensus of $2.30. Revenue grew 36.5% to $4.36 billion, above the FactSet consensus of $4.21 billion. Net new orders fell 4% to 6,769 homes, amid a 7% drop in average community count, while the value of new new orders jumped 16% to $3.8 billion. Home sale gross margin improved 180 basis points to 26.8%, closing increased 26% to 8,611 homes and the average home sales price rose 10% to $490,000. "Given the country''s resilient economy, outstanding job market, rising wages and an ongoing desire for home ownership, we anticipate the strong buyer demand we realized in 2021 to continue in the year ahead," said Chief Executive Ryan Marshall.

PulteGroup (PHM) has approved $1B increase to the existing share purchase authorization.As of December 31, 2021, the company had $458M available under its prior share

PulteGroup press release (PHM): Q4 Non-GAAP EPS of $2.51 beats by $0.21.Revenue of $4.36B (+36.3% Y/Y) beats by $160M.Net New Orders Decreased 4% to 6,769 Homes; Order Value

PulteGroup, Inc. (PHM) CEO Ryan Marshall on Q4 2021 Results - Earnings Call Transcript

PulteGroup (PHM) delivered earnings and revenue surprises of 9.61% and 4.68%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?