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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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.

TUCSON, Ariz.--(BUSINESS WIRE)--Centex Homes is expanding its offering of affordable homes in Arizona with its first community in the greater Tucson area. Located in Marana, Arizona, Gateway at Gladden Farms will feature energy-efficient, single- and two-story home designs with built-in smart home technology and a variety of impressive amenities all available for a low monthly payment. “The demand for affordable new homes is booming as consumers seek the benefits of homeownership while escaping

Centex Brand Continues Arizona Expansion with New Tucson Community

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Is PulteGroup (PHM) a Great Value Stock Right Now?

PulteGroup (PHM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

PulteGroup (PHM) Hits 52-Week High, Can the Run Continue?

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its first quarter 2021 financial results before the market opens on Tuesday, April 27, 2021. The Company will hold a conference call to discuss its first 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 First Quarter 2021 Earnings Release and Webcast Conference Call Scheduled for April 27, 2021

Despite mortgage rates rising, housing market remains to be more competitive than ever. Furniture stocks, a derivative of the home building sector, look to be more attractive than homebuilding stocks themselves, on fundamentals and charts.

Pulte: Best Homebuilder For The Post-Pandemic World

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Americans are forming households at a much faster pace than builders are constructing homes, meaning that demand for housing should continue to outstrip supply.

Economic Report: New home sales plummet amid bad weather, but analysts remain upbeat on construction activity

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Track the best homebuilder stocks to watch, housing market news and real estate industry trends. The post Homebuilder Stocks To Watch And Housing Market & Real Estate News appeared first on Investor's Business Daily.

Homebuilder Stocks To Watch And Housing Market & Real Estate News

WASHINGTON--(BUSINESS WIRE)--U.S. Army Sergeant Bryan Edwards received the surprise of a lifetime: he will be the recipient of a brand-new mortgage-free home through PulteGroup's Built to Honor program. The surprise took place at Pulte Homes' Watershed community in Laurel, Maryland, where Sgt. Edwards arrived for what he thought would be his final interview in the application process. In a very exciting and special event, Sgt. Edwards and wife Annabel were surprised with the big news and offici

PulteGroup's Built to Honor Program Surprises Purple Heart Recipient with Mortgage-Free Home in Maryland

ATLANTA--(BUSINESS WIRE)--As the nation enters the second year of the pandemic, consumers' sentiment regarding important features to have in their new home have changed. In response, national homebuilder PulteGroup, Inc. (NYSE: PHM), has announced several new healthy in-home technology features that are available in Pulte Homes communities across the country. “A recent PulteGroup survey found that more than half of consumers (60%) say the most important attribute in how their home can support t

PulteGroup Answers Call for Healthier, Cleaner Homes with New In-Home Technology Features

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

PulteGroup (PHM) Up 1.2% Since Last Earnings Report: Can It Continue?

Pulte is capitalizing on the housing boom with double digit growth in revenues, and record operating margins. The company has also built up a $6.8 billion contract backlog which will help them take advantage of the shortage in housing demand.

PulteGroup: Taking Advantage Of Demand

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) (“PulteGroup” or the “Company”) announced today the results to date of PulteGroup's previously announced cash tender offers (the “Tender Offers”) to purchase up to $300 million aggregate principal amount (the “Aggregate Maximum Tender Amount”) of its outstanding 5.500% senior notes due 2026 (the “2026 Notes”) and 5.000% senior notes due 2027 (the “2027 Notes” and, together with the 2026 Notes, the “Notes”), in the priorities set forth in th

PulteGroup Announces Early Results of Cash Tender Offers

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), will participate virtually at the Barclays Industrial Select Conference on Tuesday, February 16, 2021, at 8:50 a.m. (EDT). Interested investors can access the webcast of PulteGroup's presentation by logging onto the Company's website at www.pultegroup.com and selecting the Events & Presentations link under the Investor Relations tab. Participants are encouraged to log on at least five minutes prior to the start of the presentation. Abo

PulteGroup's Fireside Chat as Part of the Barclays Industrial Select Conference to Be Webcast Live

M.D.C. Holdings

Steady growth in the housing market has been helping companies like D.R. Horton, Inc. (DHI), KB Home (KBH) and Lennar Corporation (LEN).

New Home Sales Jump in December: 5 Solid Stocks to Buy

Shares of residential construction company PulteGroup Inc. (NYSE:PHM) fell 11% this week. The Atlanta-based company announced its fiscal fourth-quarter results on Wednesday after the market closed.

PulteGroup Looks Substantially Undervalued

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Pultegroup, Inc. (PHM) CEO Ryan Marshall on Q4 2020 Results - Earnings Call Transcript

Higher demand on the back of lower mortgage rates helps PulteGroup (PHM) to post better-than-expected Q4 earnings.

PulteGroup (PHM) Q4 Earnings & Revenue Beat Estimates

PulteGroup (PHM) delivered earnings and revenue surprises of 7.97% and 2.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

PulteGroup (PHM) Q4 Earnings and Revenues Surpass Estimates

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) (“PulteGroup” or the “Company”) announced today the commencement of cash tender offers (the “Tender Offers”) to purchase up to $300 million aggregate principal amount (the “Aggregate Maximum Tender Amount”) of its outstanding 5.500% senior notes due 2026 (the “2026 Notes”) and 5.000% senior notes due 2027 (the “2027 Notes” and, together with the 2026 Notes, the “Notes”), in the priorities set forth in the table below. The following table se

PulteGroup Announces Cash Tender Offer For Up To $300 Million Aggregate Principal Amount of Certain of Its Outstanding Debt Securities

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter ended December 31, 2020. For the quarter, the Company reported net income of $438 million, or $1.62 per share. Adjusted net income for the period was $404 million, or $1.49 per share, after excluding a $16 million net pre-tax benefit from adjustments to insurance-related reserves, a $22 million pre-tax charge from adjustments to Financial Services reserves, and a tax benefit of $38 mi

PulteGroup Reports Fourth Quarter 2020 Financial Results

PulteGroup (NYSE:PHM) announces its next round of earnings this Thursday, January 28. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.

News for PulteGroup Stock (PHM)