The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about PulteGroup (PHM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.PulteGroup currently has an aver ...

For the Transition Period From ______ To ______ Commission File Number 1-9804 PULTEGROUP, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.20 per common share payable April 2, 2024, to shareholders of record at the close of business on March 15, 2024. About PulteGroup PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 40 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del We ...

Key PointsPulteGroup struggled in Q4, but normalization and growth are in the forecast.Despite the top-line decline, the company generated ample cash flow and free cash flow. Capital returns include share repurchases and dividends; share repurchases account for 6% of the float in 2023. 5 stocks we like better than PulteGroupPulteGroup Inc.'s NYSE: PHM share price surged on its Q4 results and guidance but quickly pulled back as profit takers took advantage of the move. The resulting candle suggests a top is ...

PulteGroup Inc. (NYSE:PHM) Q4 2023 Earnings Conference Call January 30, 2024 8:30 AM ET Company Participants Ryan Marshall - President & CEO Bob O’Shaughnessy - EVP & CFO Jim Ossowski - SVP, Finance Jim Zeumer - VP, IR Conference Call Participants Carl Reichardt - BTIG Matthew Bouley - Barclays John Lovallo - UBS Stephen Kim - Evercore ISI Joe Ahlersmeyer - Deutsche Bank Michael Rehaut - J.P. Morgan Sam Reid - Wells Fargo Ken Zener - Seaport Research Partners Alan Ratner - Zelman & Associates Susan Maklari ...

PulteGroup Inc. (PHM) reported mixed results in fourth-quarter 2023, wherein earnings surpassed the Zacks Consensus Estimates, but revenues missed the same. Both metrics decreased year over year. Shares of this notable homebuilder lost more than 1% following the earnings release on Jan 30.Nonetheless, during the latter part of the fourth quarter, PulteGroup observed a notable surge in buyer activity, mainly attributed to declining interest rates. December emerged as the quarter's peak sales month. With the ...

For the quarter ended December 2023, PulteGroup (PHM) reported revenue of $4.29 billion, down 17% over the same period last year. EPS came in at $3.28, compared to $3.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.48 billion, representing a surprise of -4.20%. The company delivered an EPS surprise of +2.50%, with the consensus EPS estimate being $3.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Q4 2023 Operating and Financial Results Forward-Looking Statements As a cautionary note, except for the historical information contained herein, this presentation contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to serve ...

PulteGroup (PHM) came out with quarterly earnings of $3.28 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $3.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.50%. A quarter ago, it was expected that this homebuilder would post earnings of $2.78 per share when it actually produced earnings of $2.90, delivering a surprise of 4.32%.Over the last four quarters, the company has ...

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter ended December 31, 2023. For the quarter, the Company reported net income of $711 million, or $3.28 per share, compared to prior year reported net income of $882 million, or $3.85 per share. “ PulteGroup’s strong fourth quarter financial results complete a record setting year, while the 57% increase in net new orders provides tremendous momentum heading into 2024,” said Ryan Marshall, PulteGroup ...