PulteGroup, Inc. (NYSE:PHM – Free Report) – Stock analysts at Zacks Research reduced their Q3 2026 EPS estimates for shares of PulteGroup in a research report issued on Wednesday, August 12th. Zacks Research analyst Team now expects that the construction company will post earnings per share of $2.60 for the quarter, down from their previous estimate of $2.67. The consensus estimate for PulteGroup’s current full-year earnings is $10.08 per share. Zacks Research also issued estimates for PulteGroup’s Q4 2026 earnings at $3.04 EPS, FY2026 earnings at $9.91 EPS, Q1 2027 earnings at $1.96 EPS, Q2 2027 earnings at $2.71 EPS, Q3 2027 earnings at $3.00 EPS, Q4 2027 earnings at $3.37 EPS, FY2027 earnings at $11.04 EPS, Q1 2028 earnings at $2.40 EPS and FY2028 earnings at $13.26 EPS.
PHM has been the topic of several other research reports. Evercore reissued an “outperform” rating and issued a $162.00 price objective on shares of PulteGroup in a research report on Thursday, July 23rd. Bank of America lowered their target price on PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Oppenheimer reissued an “outperform” rating on shares of PulteGroup in a report on Tuesday, May 26th. Weiss Ratings upgraded shares of PulteGroup from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada lifted their price objective on shares of PulteGroup from $115.00 to $116.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $143.14.
PulteGroup Stock Performance
Shares of PHM opened at $128.97 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $24.18 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 1.64 and a beta of 1.19. The stock has a 50 day moving average of $127.86 and a 200 day moving average of $125.51. PulteGroup has a 12 month low of $108.49 and a 12 month high of $144.49.
PulteGroup (NYSE:PHM – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. PulteGroup had a return on equity of 15.21% and a net margin of 11.62%.The firm had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.94 billion. During the same quarter in the previous year, the business earned $3.03 EPS. The company’s revenue was down 9.6% compared to the same quarter last year.
PulteGroup announced that its Board of Directors has authorized a stock buyback plan on Thursday, April 23rd that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the construction company to buy up to 6.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.
Insider Buying and Selling
In other news, COO Matthew William Koart sold 7,457 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $120.00, for a total value of $894,840.00. Following the completion of the transaction, the chief operating officer directly owned 28,100 shares in the company, valued at approximately $3,372,000. This represents a 20.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new position in PulteGroup in the 4th quarter worth $466,653,000. Price T Rowe Associates Inc. MD increased its stake in PulteGroup by 126.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,284,197 shares of the construction company’s stock worth $502,366,000 after purchasing an additional 2,392,580 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of PulteGroup during the second quarter valued at approximately $189,931,000. Public Sector Pension Investment Board boosted its stake in shares of PulteGroup by 5,485.0% during the fourth quarter. Public Sector Pension Investment Board now owns 930,622 shares of the construction company’s stock valued at $109,125,000 after purchasing an additional 913,959 shares during the period. Finally, Franklin Resources Inc. raised its holdings in PulteGroup by 5.1% during the 4th quarter. Franklin Resources Inc. now owns 13,555,304 shares of the construction company’s stock valued at $1,589,495,000 after buying an additional 655,033 shares during the last quarter. 89.90% of the stock is currently owned by institutional investors.
About PulteGroup
PulteGroup, Inc (NYSE: PHM) is a U.S.-based residential homebuilder that designs, constructs and sells single-family homes and develops master-planned communities. The company operates multiple national and regional brands that target different buyer segments, including first-time buyers, move-up buyers and active-adult customers. Its operations encompass land acquisition and development, home design and construction, community amenities and ongoing customer service and warranty programs.
PulteGroup markets homes under several well-known brands, such as Pulte Homes, Centex and Del Webb, among others, offering a range of product types from entry-level detached homes to larger, higher-end residences and age-restricted active-adult communities.
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