Core Viewpoint - Zacks Premium provides tools and resources to help investors make informed decisions and improve their investment strategies through various rankings and scores [1][2]. Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank [2][3]. - Each stock receives an alphabetic rating from A to F, with A indicating the highest potential for outperforming the market [3]. Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3]. Growth Score - The Growth Style Score evaluates stocks based on projected and historical earnings, sales, and cash flow to identify those with sustainable growth potential [4]. Momentum Score - The Momentum Style Score assesses stocks based on recent price changes and earnings estimate trends, helping investors capitalize on upward or downward price movements [5]. VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive indicator for investors seeking stocks with attractive value, strong growth forecasts, and promising momentum [6]. Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to assist investors in building successful portfolios [7]. - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8]. Stock to Watch: PulteGroup - PulteGroup Inc. operates primarily in homebuilding and financial services, with 98% of its revenue coming from homebuilding as of 2023 [12]. - Currently rated 3 (Hold) with a VGM Score of A, PulteGroup has a Momentum Style Score of A and has seen a 4.6% increase in shares over the past four weeks [12][13]. - Recent earnings estimates for fiscal 2024 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $13.43 per share, alongside an average earnings surprise of 10.9% [13].

Company Performance - PulteGroup (PHM) closed at $115.81, reflecting a -1.04% change compared to the previous day, underperforming the S&P 500's 0.88% gain [1] - Over the past month, PulteGroup's shares have increased by 6.27%, while the Construction sector and S&P 500 gained 3.13% and 1.17% respectively [1] Upcoming Earnings - PulteGroup is expected to release its earnings on January 30, 2025, with analysts projecting earnings of $3.21 per share, indicating a year-over-year decline of 2.13% [2] - The Zacks Consensus Estimate for revenue is $4.66 billion, representing an 8.58% increase from the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for PulteGroup are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates PulteGroup at 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate for PulteGroup has increased by 0.2% [5] Valuation Metrics - PulteGroup has a Forward P/E ratio of 8.74, which is higher than the industry average Forward P/E of 8.29 [6] - The company has a PEG ratio of 0.46, compared to the industry average PEG ratio of 0.83 [7] Industry Context - The Building Products - Home Builders industry, which includes PulteGroup, has a Zacks Industry Rank of 216, placing it in the bottom 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Insights - PulteGroup has consistently beaten earnings estimates, with an average surprise of 9.80% over the last two quarters [1][2] - The company reported earnings of $3.35 per share for the most recent quarter, exceeding the expected $3.10 per share, resulting in a surprise of 8.06% [2] - For the previous quarter, PulteGroup's earnings were $3.58 per share against an estimate of $3.21 per share, leading to a surprise of 11.53% [2] Earnings Estimates and Predictions - Estimates for PulteGroup have been trending higher due to its history of earnings surprises, indicating positive analyst sentiment [3] - The stock has a positive Zacks Earnings ESP of +2.36%, suggesting bullish expectations for future earnings [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [6][4] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] Upcoming Earnings - PulteGroup's next earnings report is expected to be released on January 30, 2025 [6]

PulteGroup (PHM) closed the latest trading day at $108.99, indicating a +1.28% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost 0.38%.Prior to today's trading, shares of the homebuilder had lost 9.13% over the past month. This has was narrower than the Construction sector's loss of 10.48% and lagged the S&P 500's loss of 2.2% in that time.The investment community will be paying close attent ...

Core Viewpoint - PulteGroup (NYSE: PHM) remains a top choice in the homebuilding industry for 2025, having increased over 12% since previous coverage, indicating strong performance and potential for continued growth [1]. Company Summary - PulteGroup has been rated a "Buy" since April 2024, reflecting positive sentiment and investment potential within the homebuilding sector [1]. - The company has shown a total return that is competitive within the industry, suggesting effective management and strategic positioning [1]. Industry Summary - The homebuilding industry is experiencing a favorable market environment, with companies like PulteGroup leading the way in performance metrics [1].

A month has gone by since the last earnings report for PulteGroup (PHM) . Shares have lost about 3.8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is PulteGroup due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. PulteGroup's Q3 Earnings & Revenues Beat EstimatesPul ...

PulteGroup, Inc. (PHM) announced a 10% hike in its quarterly cash dividend, reaffirming its commitment to boost shareholders’ value. This strategic move marks the sixth yearly increase in its dividend since 2019.This is one of the top 10 homebuilders that raised the quarterly dividend payout to 22 cents per share from 20 cents. The amount will be paid on Jan. 3, 2025, to shareholders of record as of Dec. 17, 2024. Impressively, PHM has doubled the per-share payout in the past six years.Based on yesterday’s ...

Company Overview - PulteGroup Inc. is based in Atlanta, GA, and operates in homebuilding and financial services, with homebuilding contributing 98% to total revenues as of 2023 [11]. - The company has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a moderate investment outlook [11]. Growth Potential - PulteGroup is considered a top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 14.5% for the current fiscal year [12]. - In the last 60 days, five analysts have revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.06 to $13.42 per share [12]. - The company has an average earnings surprise of 10.9%, suggesting strong performance relative to expectations [12].

As the Federal Reserve announced its long-anticipated rate cut, markets are abuzz with the potential impact on the housing sector. PulteGroup Inc. (PHM) , a leading U.S. homebuilder, finds itself at an intriguing juncture as investors speculate how this policy shift might influence housing demand, construction activity, and ultimately, PulteGroup’s stock performance.The Federal Reserve announced a quarter-point reduction in its benchmark interest rate yesterday, lowering it to a range of 4.5% to 4.75%. This ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alon ...