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.

Earnings data Q1 2021

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Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

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.

PulteGroup Earnings Preview

PulteGroup (PHM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why PulteGroup (PHM) Might Surprise This Earnings Season

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PulteGroup (PHM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for PulteGroup (PHM)

PulteGroup's (PHM) Q4 earnings are likely to have benefited from solid housing demand and higher ASP

PulteGroup (PHM) Q4 Earnings to Gain From Higher ASP & Margins

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Is PulteGroup (PHM) a Potential Stock for Value Investors?

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PulteGroup (PHM) is set to debut at Sterling Ranch and expand presence in North Carolina.

PulteGroup (PHM) to Expand in Colorado, North Carolina Markets

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), the nation's third largest homebuilder, announced its plans to enter the Denver market and expand into the Triad area of North Carolina. “This strategic expansion provides another avenue of growth and allows us to extend our high-returning operating model into important new housing markets,” said Ryan Marshall, PulteGroup president and CEO. “Having made these initial investments, we see the potential to introduce our first-time, move-up an

PulteGroup Expanding into New Markets in Colorado and North Carolina

PulteGroup is very attractively valued. Its forward price/earnings ratio (GAAP) of 8.64, forward EV/EBITDA ratio of 6.42, and forward price/book ratio of 1.75 are way lower than their respective sector. Though the company is passing through a major disruption (COVID-19), its management has efficiently lowered the cost of sales, year over year.

PulteGroup: Time To Build

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Homebuilder PulteGroup has done well for itself over the past several years. The company's fundamental condition looks strong and it looks set up for years of additional growth.

PulteGroup: A Good Home For Your Money In The Long Run

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ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2020 financial results before the market opens on Thursday, January 28, 2021. The Company will hold a conference call to discuss its fourth 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 & Presentat

PulteGroup's Fourth Quarter 2020 Earnings Release and Webcast Conference Call Scheduled for January 28, 2021

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), one of America's largest homebuilding companies, today announced Bob O'Shaughnessy, Executive Vice President and Chief Financial Officer, as the recipient of the 2020 CFO of the Year Award presented by CFO Roundtable of Atlanta. “Since joining us in 2011, Bob has been a valuable member of the executive team and I couldn't be prouder of him for this well-deserved award,” said Ryan R. Marshall, PulteGroup's President & Chief Executive Of

PulteGroup's Bob O'Shaughnessy named Chief Financial Officer of the Year by CFO Roundtable of Atlanta

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DETROIT--(BUSINESS WIRE)--National homebuilder PulteGroup, Inc. (NYSE: PHM) announced today its recognition as a 2020 Top Workplace by the Detroit Free Press. This is the third year its Michigan division has received this honor. “The Top Workplace recognition is a testament to the strong culture we have built and our commitment to creating an inclusive workplace where all employees can thrive,” said Kevin Christofferson, Michigan Division President for PulteGroup. “It is an honor to receive thi

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