PulteGroup(PHM)
Search documents
Raymond James Stays Outperform on PulteGroup, Inc. (PHM) Amid Challenging Housing Backdrop
Yahoo Finance· 2026-02-07 12:38
Company Overview - PulteGroup, Inc. (NYSE:PHM) was founded in 1950 and is headquartered in Atlanta, positioning itself to navigate near-term housing volatility while maintaining long-term profitability [5] Financial Performance - In 2025, PulteGroup closed over 29,500 homes, generating $16.7 billion in home sale revenues, with a net income of $2.2 billion, equating to $11.12 per share [4] - Raymond James raised its price target on PulteGroup to $145 from $140, citing resilient Q4 results despite challenges in the homebuilding industry [2] Strategic Focus - The company plans to divest its off-site manufacturing operations (ICG) to sharpen its strategic focus on core homebuilding, which is expected to enhance returns and free up capital for reinvestment and shareholder value creation [4] - PulteGroup is recognized as a best-in-class operator, supported by diversified buyer demographics, balanced geographic exposure, and a disciplined approach to capital allocation [2]
PulteGroup declares $0.26 dividend (NYSE:PHM)
Seeking Alpha· 2026-02-05 04:13
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
PulteGroup Announces Quarterly Cash Dividend of $0.26 Per Share
Businesswire· 2026-02-04 22:58
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.26 per common share payable April 2, 2026, to shareholders of record at the close of business on March 17, 2026. About PulteGroup PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America's largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Pulte Homes, Cen. ...
PulteGroup(PHM) - 2025 Q4 - Annual Report
2026-02-04 21:09
Homebuilding Operations - Homebuilding operations generated 98% of consolidated revenues, totaling $17.3 billion in 2025, $17.9 billion in 2024, and $16.1 billion in 2023[10] - The company delivered 29,572 homes in 2025, a decrease from 31,219 homes in 2024, but an increase from 28,603 homes in 2023[10] - The average selling price of homes was $566,000 in 2025, up from $555,000 in 2024 and $545,000 in 2023[11] - Backlog at December 31, 2025, was $5.3 billion (8,495 units), down from $6.5 billion (10,153 units) at December 31, 2024[22] - The company controlled 234,632 lots as of December 31, 2025, with 101,104 owned and 133,528 under land option agreements[15] - 38% of home closings in 2025 were to first-time homebuyers, 40% to move-up buyers, and 22% to active adults[17] - The company aims to enhance shareholder value through operational gains, increased lot optionality, and maintaining a balance of built-to-order and speculative homes[12] - The company is focused on energy efficiency in home designs, incorporating high-efficiency systems and smart home features[18] Financial Services - The company originated mortgage loans for 64% of homes closed in 2025, up from 63% in 2024 and 61% in 2023, demonstrating a consistent reliance on in-house financing[31] - The company’s financial services operations are highly correlated to homebuilding, emphasizing the integrated nature of its business model[31] - The company utilizes a centralized fulfillment center for mortgage operations, improving speed, efficiency, and quality, which enhances profitability[33] - The mortgage operations are subject to regulations from various government agencies, impacting the business[34] - The company sells substantially all originated mortgage loans in the secondary market within 30 days, reducing risks and costs[32] Market Position - The company holds approximately 4% market share of U.S. new home sales in 2025, indicating a highly competitive environment with numerous competitors[27] - The U.S. housing market is fragmented, with the company holding approximately 4% market share of new home sales in 2025[27] - Cash buyers represented 21% of home closings in both 2025 and 2024, and 22% in 2023, highlighting the importance of cash transactions in the home sales market[31] Workforce and Leadership - The company employed 6,506 people as of December 31, 2025, with 1,034 in Financial Services operations, reflecting a significant workforce dedicated to supporting homebuilding[38] - The average tenure of the executive team and homebuilding area presidents is 17 years, indicating stability in leadership[42] - The company focuses on developing future leaders from within, promoting from within for many leadership positions[42] - The company offers competitive compensation and benefits, including a 401(k) retirement plan and performance-based incentives[39] Risk Management and Operations - The company utilizes land option agreements to manage risk and enhance expected returns on land investments[14] - The construction process is primarily conducted by independent subcontractors, with a focus on quality and efficiency[23] - The company has not experienced significant claims related to its title operations, indicating a strong performance in this area[36]
These Homebuilder Stocks Get a Boost Following Report of Plan to Build 'Trump Homes'
Investopedia· 2026-02-04 18:46
-- These Homebuilder Stocks Get a Boost Following Report of Plan to Build 'Trump Homes' [S&P 500, Nasdaq Drop as Tech Stocks Tumble][AMD's Stock Sinks Despite Solid Earnings][Trump Signs Bill Reopening Government][Where Are Gold and Silver Prices Headed Next?]- Top StoriesThe U.S. is estimated to have a shortage of several million homes.I RYU / VCG / Getty ImagesClose### Key Takeaways- A "Trump homes" proposal could see hundreds of thousands of new homes built for a rent-to-own program, Bloomberg reported.- ...
PulteGroup Extends Build Your Future Scholarship in 2026 To Fuel the Future of the Homebuilding Workforce
Businesswire· 2026-02-04 15:11
PulteGroup Extends Build Your Future Scholarship in 2026 To Fuel the Future of the Homebuilding WorkforceFeb 4, 2026 10:11 AM Eastern Standard Time# PulteGroup Extends Build Your Future Scholarship in 2026 To Fuel the Future of the Homebuilding WorkforceShare---ATLANTA--([BUSINESS WIRE])-- PulteGroup, Inc. (NYSE: PHM), the nation's third-largest homebuilder, has renewed its investment in scholarships of $3,000-$5,000 for individuals pursuing career paths related to residential homebuilding. This renewal rei ...
PulteGroup: Earnings Durability And Buybacks Amid Housing Headwinds
Seeking Alpha· 2026-02-04 14:52
PulteGroup ( PHM ) has transformed from a grow-at-all-costs homebuilder into a disciplined, returns-focused operator that consistently delivers above-average returns, even as the industry grapples with a soft market that’s persisted through 2025 and is likely to continue intoI'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn excepti ...
PulteGroup, Inc. (NYSE:PHM) Maintains "Outperform" Rating by Raymond James
Financial Modeling Prep· 2026-02-04 10:14
Raymond James reaffirms its "Outperform" rating for PulteGroup, Inc. (NYSE:PHM), indicating a positive outlook on the company's future performance.The company's stock price saw a 2.67% increase, reflecting investor confidence and market volatility.PulteGroup's financial results for the fourth quarter show a net income of $502 million, despite facing certain charges related to asset divestitures and land impairments.PulteGroup, Inc. (NYSE:PHM) is a leading home construction company in the United States, cate ...
PulteGroup Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-30 06:36
Shareholder returns remained a focus as well. Ossowski said the company repurchased 10.6 million shares during 2025 for $1.2 billion at an average price of $112.76 per share, including $300 million in repurchases during the fourth quarter. PulteGroup also ended the year with $983 million remaining under its share repurchase authorization.Executives emphasized that the company invested heavily for future growth, with $5.2 billion spent on land acquisition and development in 2025. Marshall said that, includin ...
PulteGroup Q4 Earnings & Revenues Top Estimates, Stock Down
ZACKS· 2026-01-29 18:41
Key Takeaways PHM beat Q4 EPS and revenue estimates, though both declined year over year amid margin pressure.Elevated incentives, cost inflation and land impairments drove a 280 bps drop in gross margin.Net new orders rose 4% as higher community count offset softer deliveries and cautious demand.PulteGroup (PHM) reported better-than-expected fourth-quarter 2025 results, with adjusted earnings and revenues surpassing the Zacks Consensus Estimate, though both metrics declined year over year amid continued af ...