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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

PulteGroup (PHM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PulteGroup (PHM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

PulteGroup (PHM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why PulteGroup (PHM) Could Beat Earnings Estimates Again

Grayscale Ethereum Mini Trust

M/I Homes

The housing space looks attractive as existing home sales improve from the last two months.

Existing Home Sales Rebound in May: Top 4 Housing Picks

Arconic

Martin Marietta Materials

Roper Technologies

Here are five S&P 500 stocks flaunting an impressive performance so far this year.

S&P 500 Close to Record High: 5 Top-Notch Stocks to Bet on

Builders FirstSource

BMC Stock Hlds

U.S. Concrete

Steady wage gains and low mortgage rates will likely attract several prospective homeowners into the housing market.

5 Stocks to Gain From the Upcoming Housing Recovery

D.R. Horton

Lennar

Taylor Morrison Home

Outperforming homebuilder stocks are headed for trouble as the housing market flashes warning signals.

5 Ominous Signals for Housing Market Even If Fed Cuts Rates

KB Home

SPDR S&P Homebuilders ETF

Housing market index falls two points from the prior month in June. Nonetheless, homebuilders remain confident about the upcoming period, given higher demand.

What's Worrying Housing Industry Despite Low Mortgage Rates?

Toll Brothers

Wall Street has watched with mixed emotions as interest rates have plunged to the lowest levels in years, and mortgage rates, which track government rates, are down to the lowest levels since late 2016.

Plunging Mortgage Rates Could Drive Top Homebuilders Much Higher This Summer

Meritage Homes

William Lyon Homes

The housing market looks encouraging as mortgage rates dip to the lowest level since September 2017.

Homebuilders Gain as Mortgage Rates Fall to Two-Year Low

Prudent land investment strategy and positive housing market are likely to drive PulteGroup's (PHM) overall performance.

Land Acquisition Strategy Bodes Well for PulteGroup (PHM)

PulteGroup (PHM) reported earnings 30 days ago. What's next for the stock?

Why Is PulteGroup (PHM) Up 0.8% Since Last Earnings Report?

PulteGroup is trading a tad below its 52-week high price of $33.04 but has the momentum to close near ~$40 per share under the right conditions.

PulteGroup: A Buy Near The High

Ashford Hospitality Trust

First Business Financial Services

Plymouth Industrial REIT

Sussex Bancorp

Investing in stocks of homebuilders, regional banks and REITs with a domestic focus would be prudent in such an environment.

6 Top US-Focused Stocks to Buy As Trade Tensions Intensify

PulteGroup (PHM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will PulteGroup (PHM) Gain on Rising Earnings Estimates?

PHM vs. NVR: Which Stock Is the Better Value Option?

PulteGroup or NVR ?

After delivering a discouraging market outlook three months ago, PulteGroup seems more optimistic about 2019.

PulteGroup's Management Changes Its Tune on the Housing Market

BTIG Research  upgrades PulteGroup, Inc. Common Stock (NYSE:PHM) from Sell to Neutral.

BTIG Research Upgrades PulteGroup, Inc. Common Stock to Neutral

PulteGroup's (PHM) CEO Ryan Marshall on Q1 2019 Results - Earnings Call Transcript

Higher demand resulting from a decline in mortgage rates aids PulteGroup (PHM) to post better-than-expected Q1 results. However, higher costs pose a risk.

PulteGroup (PHM) Stock Gains on Q1 Earnings & Revenue Beat

Shares of PulteGroup Inc. shot up 3.9% toward a 9-month high in premarket trade Tuesday, after the home builder reported a first-quarter profit and revenue that beat expectations.

PulteGroup's stock surges toward 9-month high after earnings and revenue beats

Sealed Air

Here are a pair of short-term buy recommendations for the coming weeks.

Stocks This Week: Buy PulteGroup And Sealed Air

Ongoing housing market uncertainties and rising material prices are likely to hurt PulteGroup's (PHM) Q1 results.

Will Lower Deliveries Impact PulteGroup's (PHM) Q1 Earnings?

PulteGroup (PHM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: PulteGroup (PHM) Q1 Earnings Expected to Decline

The economy is improving and job creation continues apace spurring higher homebuilder sales, mortgage rate closings and share price upticks.

PulteGroup Is My Choice In A Rebounding Housing Market

Sales of existing homes increase to a 11-month high, given declining mortgage rates and a higher inventory level.

News for PulteGroup Stock (PHM)