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.

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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.

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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.

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today its recognition as one of the 2021 Best Workplaces for Millennials™ by Fortune and Great Place to Work®. This is the company's first time being named to this impressive list, ranking #54. “It is an honor to be named among the Best Workplaces for Millennials, as millennials account for forty percent of our employees,” said PulteGroup Senior Vice President of Human Resources Michelle Hairston. “PulteGroup continuously strives

PulteGroup Named a Best Workplace for Millennials

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), the nation's third largest homebuilder, announced today that Tony Nason has been promoted to president of its newly established Northeast Florida division, effective July 1, 2021. Nason will have full operational and financial responsibility for PulteGroup's homebuilding activities in the Jacksonville market. Prior to being named division president, Nason served as vice president of operations overseeing Jacksonville and as vice president

PulteGroup Names Tony Nason President of New Northeast Florida Division

PulteGroup (PHM) closed at $53.16 in the latest trading session, marking a -0.13% move from the prior day.

PulteGroup (PHM) Stock Sinks As Market Gains: What You Should Know

The PulteGroup Inc. ( PHM , Financial) declares on its website that its objective is to deliver high returns on invested capital and equity, leading to long-term shareholder value. That, it says, is captured in its capital allocation priorities:

PulteGroup: Solid Capital Allocation Tactics

ATLANTA--(BUSINESS WIRE)--National homebuilder PulteGroup, Inc. (NYSE: PHM) today announced its Transact Home Online program, a revolutionary homebuying process that is entirely online. Believed to be the first of its kind, homebuyers can now complete the entire home selection, configuration and home purchase contract process through its integrated online system that puts everything they need securely at their fingertips. “The events of 2020 dramatically accelerated the transition to online sho

Buying Your New Home is Now Literally a Click Away

PulteGroup, Inc. (NYSE: PHM) is the third-largest home construction company in the U.S. The stock is up 28% year-to-date and 68% year-over-year, but has pulled back modestly from its May 10 record high of $63.90.

PulteGroup Stock Fundamentals Are a Rock-Solid Foundation

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JACKSONVILLE, Fla.--(BUSINESS WIRE)--U.S. Army Staff Sergeant Ellis “Jerry” Majetich had already received the life-changing news that PulteGroup is building him a new mortgage-free home through its Built to Honor® program. Now, Staff Sergeant Majetich and his family have officially broken ground on their future home at Del Webb Nocatee in Ponte Vedra, Florida. This is the first Built to Honor home donated in a Del Webb community which is designed for active adults ages 55 and older. “Del Webb N

PulteGroup Breaks Ground on New Mortgage-Free Home for Wounded Veteran at Del Webb Nocatee

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its second quarter 2021 financial results before the market opens on Tuesday, July 27, 2021. The Company will hold a conference call to discuss its second quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website. To listen to the webcast, log on five minutes prior to the call at www.pultegroup.com and select the Events & Presentations

PulteGroup's Second Quarter 2021 Earnings Release and Webcast Conference Call Scheduled for July 27, 2021

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DALLAS--(BUSINESS WIRE)--In a special dedication event, United States Marine Corps Sergeant Patrick Murray received the keys to his new mortgage-free Pulte Home in the Somerset community in Mansfield, Texas. The home was donated by PulteGroup's Built to Honor® program, which provides the gift of a new home to wounded veterans and their families across the country. “It is an honor for our Pulte team, along with the support of our trade partners and suppliers, to build this home for Sergeant Murr

PulteGroup's Built to Honor Program Awards Mortgage-Free Home to United States Marine Corps Veteran in Dallas

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