View ValuationPulteGroup 将来の成長Future 基準チェック /06PulteGroup利益と収益がそれぞれ年間3%と2.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.2% 6.7%なると予測されています。主要情報3.0%収益成長率6.74%EPS成長率Consumer Durables 収益成長7.6%収益成長率2.8%将来の株主資本利益率15.21%アナリストカバレッジGood最終更新日01 May 2026今後の成長に関する最新情報Price Target Changed • Jul 27Price target increased by 7.8% to US$136Up from US$126, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$116. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.Price Target Changed • Jul 23Price target increased by 7.8% to US$135Up from US$125, the current price target is an average from 14 analysts. New target price is 13% above last closing price of US$119. Stock is down 2.7% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.Price Target Changed • Jul 31Price target increased by 7.1% to US$142Up from US$132, the current price target is an average from 16 analysts. New target price is 6.3% above last closing price of US$133. Stock is up 59% over the past year. The company is forecast to post earnings per share of US$13.41 for next year compared to US$11.79 last year.すべての更新を表示Recent updatesDeclared Dividend • May 03First quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 16th June 2026 Payment date: 2nd July 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.ナラティブ更新 • May 02PHM: Antitrust Probe And Housing Cycle Pressures Will Weigh On MarginsAnalysts have adjusted the PulteGroup fair value estimate from $115.00 to about $104.11, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that are also reflected in recent mixed price target changes across firms such as UBS, Evercore ISI, Wells Fargo, BofA, Truist and Raymond James. Analyst Commentary Recent Street research on PulteGroup shows a split view, with some firms lifting price targets while others cut targets or shifted to a more cautious stance.お知らせ • May 01PulteGroup, Inc. announces Quarterly dividend, payable on July 02, 2026PulteGroup, Inc. announced Quarterly dividend of USD 0.2600 per share payable on July 02, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.Reported Earnings • Apr 24First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: US$1.81 (down from US$2.59 in 1Q 2025). Revenue: US$3.41b (down 12% from 1Q 2025). Net income: US$347.0m (down 34% from 1Q 2025). Profit margin: 10% (down from 13% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 17Now 22% overvaluedOver the last 90 days, the stock has fallen 2.8% to US$127. The fair value is estimated to be US$104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 0.6% per annum over the same time period.ナラティブ更新 • Apr 17PHM: Constrained Supply And Buybacks Will Support Future Margin RepricingThe analyst price target for PulteGroup has been revised from $170 to $159 as analysts incorporate a slightly higher discount rate, modest adjustments to long-term growth and margin assumptions, and a lower future P/E multiple, while still citing supportive industry research and recent rating actions. Analyst Commentary Recent Street research on PulteGroup reflects a mix of cautious valuation resets and ongoing confidence in the company’s earnings power and execution.Seeking Alpha • Apr 12PulteGroup: Macro Challenges Limit Upside (Rating Downgrade)Summary PulteGroup is downgraded to 'hold' as macro headwinds dampen near-term housing market prospects. PHM faces margin pressure from higher construction costs, limited pricing power, and a shrinking backlog. Management guides for 2026 closings of 28,500–29,000 homes, with average selling prices and margins at the low end of prior expectations. PHM's strong balance sheet and ongoing buybacks support valuation, but shares appear fairly valued at 12x earnings given cyclical risks. Read the full article on Seeking Alphaナラティブ更新 • Apr 01PHM: Incentives And Affordability Pressures Will Shape Margins And Earnings VisibilityPulteGroup's updated analyst price target of $115.00, up from $112.40, reflects analysts' view that revenue growth, profit margins, and a lower assumed future P/E multiple now better capture the company's earnings potential highlighted in recent initiations and target hikes across the Street. Analyst Commentary Recent research on PulteGroup shows a mix of optimism on earnings power and caution around housing affordability, margin risk, and broader construction end markets.ナラティブ更新 • Mar 18PHM: Constrained Supply And Buybacks Will Support Multi Year Profitability RepricingThe analyst price target for PulteGroup is maintained at $170, with small adjustments to the discount rate, revenue growth, profit margin, and future P/E inputs. These changes reflect analysts' view that the market is still underappreciating the company's multi year profitability potential, even though they expect weaker industry margins and demand in 2026.お知らせ • Mar 16PulteGroup, Inc., Annual General Meeting, Apr 29, 2026PulteGroup, Inc., Annual General Meeting, Apr 29, 2026.Upcoming Dividend • Mar 10Upcoming dividend of US$0.26 per shareEligible shareholders must have bought the stock before 17 March 2026. Payment date: 02 April 2026. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.7%).ナラティブ更新 • Mar 04PHM: Constrained Supply And Buybacks Will Support Future Profitability RepricingThe analyst price target for PulteGroup has been raised from $160 to $170, with analysts pointing to updated views on the company’s earnings potential, supported by recent initiations and target hikes that highlight perceived mispricing of its profitability over the next few years. Analyst Commentary Recent research on PulteGroup has leaned constructive, with several bullish analysts highlighting what they view as a gap between the current share price and the company’s earnings potential over the next few years.お知らせ • Feb 23PulteGroup, Inc. to Report Q1, 2026 Results on Apr 23, 2026PulteGroup, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 23, 2026新しいナラティブ • Feb 21Structural Housing Shortage and Low Leverage Drive PulteGroup’s 11% Long-Term GrowthAnalyst Commentary PulteGroup has transformed from a cyclical builder to a highly efficienct capital machine. They focus on leveraging asset light strategies to build strategic advantages within the housing market supported by structural undersupply.ナラティブ更新 • Feb 18PHM: Margins Cash Returns And Antitrust Risks Will Shape Balanced ProspectsAnalysts have inched their price targets on PulteGroup higher, reflected in a modest uptick in our fair value estimate to $141.38 as they factor in updated views on homebuilding demand, margin resilience, and the company’s future P/E profile. Analyst Commentary Recent research on PulteGroup points to a split view, with many price targets moving higher while a few firms take a more cautious stance.お知らせ • Feb 09Pultegroup, Inc. Appoints Kristin Gannon as Independent Director and Committee Member, Effective February 10, 2026PulteGroup, Inc. announced the appointment of Kristin Gannon, Managing Director at Eastdil Secured, as a new independent director to its Board, effective February 10, 2026., to serve until the Company’s 2026 annual meeting of shareholders and until her successor is elected and qualified. The Board has determined that Ms. Gannon is independent under the New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines. In addition, the Board appointed Ms. Gannon to serve on the Audit and the Nominating and Governance Committee of the Board. Ms. Gannon will serve on the Nominating and Governance Committee and the Audit Committee. Ms. Gannon is currently a Managing Director at Eastdil Secured, a global real estate investment bank providing commercial real estate and capital markets expertise, where she serves as global co-head of the firm’s Corporate Advisory and M&A Group. Earlier in her career, Ms. Gannon held senior investment banking roles at Goldman Sachs and Morgan Stanley, where she led real estate coverage and executed complex M&A and capital markets transactions across the industry. Over the course of her career, Ms. Gannon has advised on more than $150 billion in real estate mergers, financings, and strategic transactions. A graduate from the University of California, Berkeley with a BS in Business Administration and an MBA from the MIT Sloan School of Management, Ms. Gannon is a member of the Policy Advisory Board of the Fisher Center at UC Berkeley and the Urban Land Institute.Declared Dividend • Feb 08Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 17th March 2026 Payment date: 2nd April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Feb 08President recently sold US$15m worth of stockOn the 5th of February, Ryan Marshall sold around 111k shares on-market at roughly US$134 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ryan's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Feb 06Independent Non-Executive Chairman notifies of intention to sell stockThomas Folliard intends to sell 37k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of February. If the sale is conducted around the recent share price of US$134, it would amount to US$5.0m. Since March 2025, Thomas has owned 45.23k shares directly. Company insiders have collectively sold US$5.2m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Feb 06PulteGroup, Inc. Declares Quarterly Dividend on Common Shares, Payable on April 2, 2026PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.26 per common share payable April 2, 2026, to shareholders of record at the close of business on March 17, 2026.ナラティブ更新 • Feb 04PHM: Margins Cash Returns And New Markets Will Guide Balanced ProspectsAnalysts have nudged their implied fair value estimate for PulteGroup slightly higher to about $141, after a series of recent price target increases that lean on expectations for healthier revenue trends, firmer profit margins and a lower future P/E assumption, partly offset by a modestly higher discount rate. Analyst Commentary Recent Street research on PulteGroup shows a generally constructive tone, with several firms adjusting price targets and one new initiation, while a couple of voices are more guarded on housing and broader building products exposure.Reported Earnings • Jan 29Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.21 (down from US$14.82 in FY 2024). Revenue: US$17.3b (down 3.5% from FY 2024). Net income: US$2.22b (down 28% from FY 2024). Profit margin: 13% (down from 17% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.ナラティブ更新 • Jan 21PHM: Elevated Incentives And Margin Pressure Will Weigh On Future ReturnsAnalysts have lifted their PulteGroup fair value estimate by about US$10 to roughly US$112, reflecting updated price targets that factor in slower projected revenue growth, some pressure on profit margins, and a higher assumed future P/E multiple supported by recent research highlighting the resilience of its move up and active adult mix in a tougher affordability backdrop. Analyst Commentary Street research on PulteGroup has been active, with several firms revisiting their price targets and assumptions as housing affordability and demand visibility remain key swing factors.ナラティブ更新 • Jan 06PHM: Constrained Housing Supply And Buybacks Will Support Future Earnings ResilienceAnalysts have inched their average PulteGroup price target slightly lower to about $159, a trim of roughly $1, as they factor in a modestly higher discount rate and small tweaks to long term margin and P/E assumptions, while still pointing to constrained housing supply and potential macro improvement as key supports for the homebuilder. Analyst Commentary Bullish analysts trimming their PulteGroup price targets slightly while maintaining positive ratings see the recent move as more of a fine tuning of models than a change in conviction.分析記事 • Jan 01An Intrinsic Calculation For PulteGroup, Inc. (NYSE:PHM) Suggests It's 24% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, PulteGroup fair value estimate is US$154 PulteGroup is...ナラティブ更新 • Dec 23PHM: Sector Multiple Expansion And Buybacks Will Support Earnings ResilienceAnalysts have nudged their fair value estimate for PulteGroup slightly lower to $160 from $163, reflecting modestly softer long term revenue growth and margin assumptions, even as sector multiple expansion supports a higher $143 Street price target. Analyst Commentary Bullish analysts highlight that the recent lift in the PulteGroup price target to $143 reflects growing confidence that the company can sustain attractive returns even as volume growth moderates.Buy Or Sell Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to US$123. The fair value is estimated to be US$154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 9.4%. Revenue is forecast to decline by 1.1% in 2 years. Earnings are forecast to decline by 14% in the next 2 years.Upcoming Dividend • Dec 09Upcoming dividend of US$0.26 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.5%).ナラティブ更新 • Dec 08PHM: Resilient Margins And Sector Multiple Expansion Will Drive UpsideAnalysts have nudged their fair value estimate for PulteGroup higher to about $139 from roughly $137, citing sector multiple expansion, resilient margins, and only modest expected volume pressure, despite a slightly higher discount rate and softer revenue growth outlook. Analyst Commentary Recent research updates on PulteGroup reflect a broadly constructive stance, with valuation moving higher as analysts reassess sector dynamics and company specific execution.分析記事 • Dec 05PulteGroup (NYSE:PHM) Is Increasing Its Dividend To $0.26PulteGroup, Inc. ( NYSE:PHM ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Dec 04PulteGroup, Inc. to Report Q4, 2025 Results on Jan 29, 2026PulteGroup, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 29, 2026Declared Dividend • Nov 23Third quarter dividend increased to US$0.26Dividend of US$0.26 is 18% higher than last year. Ex-date: 16th December 2025 Payment date: 6th January 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.2% over the next 2 years. However, it would need to fall by 93% to increase the payout ratio to a potentially unsustainable range.お知らせ • Nov 20PulteGroup, Inc. Increases Quarterly Cash Dividend, Payable on January 6, 2026PulteGroup, Inc. announced that its Board of Directors has voted to increase the Company’s quarterly dividend by 18% to $0.26 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 6, 2026, to shareholders of record at the close of business on December 16, 2025.Reported Earnings • Oct 21Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$2.98 (down from US$3.38 in 3Q 2024). Revenue: US$4.40b (down 1.6% from 3Q 2024). Net income: US$585.8m (down 16% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Sep 27PulteGroup, Inc. (NYSE:PHM) Shares Could Be 48% Below Their Intrinsic Value EstimateKey Insights The projected fair value for PulteGroup is US$252 based on 2 Stage Free Cash Flow to Equity Current share...ナラティブ更新 • Sep 19Active Adult Communities And Sunbelt Migration Will Drive OpportunityAnalysts have raised PulteGroup's price target to $137.38, reflecting strong Q2 results, solid execution of strategy, and sector optimism, despite some near-term demand concerns. Analyst Commentary Bullish analysts have raised price targets in response to PulteGroup's strong Q2 results, which beat both internal forecasts and consensus estimates, reflecting solid operational performance.分析記事 • Sep 08Why The 23% Return On Capital At PulteGroup (NYSE:PHM) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Declared Dividend • Sep 08Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 16th September 2025 Payment date: 2nd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.お知らせ • Sep 04PulteGroup Announces Quarterly Cash Dividend, Payable on October 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable October 2, 2025, to shareholders of record at the close of business on September 16, 2025.お知らせ • Aug 26PulteGroup, Inc. to Report Q3, 2025 Results on Oct 21, 2025PulteGroup, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 21, 2025お知らせ • Aug 21PulteGroup Promotes Scott Bryson to Dallas Division PresidentPulteGroup announced the promotion of Scott Bryson to president of its Dallas division. With nearly 20 years of experience with the Company, Bryson will lead all aspects of the division's homebuilding operations. In 2024, PulteGroup's Dallas division closed approximately 1,600 homes and generated revenue of $700 million. Bryson's promotion further represents the Company's commitment to developing leadership talent within the organization. His extensive experience spans nearly two decades with the Company, including leadership roles in finance and operations. Bryson joined PulteGroup in 2006 and transitioned to the Dallas market in 2008 as Director of Finance, where he has consistently excelled over the past 17 years, stepping into many leadership roles including Central Area VP of Finance before advancing to his most recent role as VP of Operations for the Dallas division. In January 2024 Bryson was selected as one of the participants in PulteGroup's Leadership Academy, an innovative organizational development program designed to prepare high-potential leaders for advancement into senior roles. Bryson’s extensive experience in both finance and operations provides him with the requisite skills needed to drive business performance while maintaining PulteGroup's commitment to quality and customer satisfaction.Recent Insider Transactions • Aug 17Executive Vice President recently sold US$2.8m worth of stockOn the 14th of August, Robert O’Shaughnessy sold around 22k shares on-market at roughly US$128 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$17m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Aug 15Executive Vice President notifies of intention to sell stockRobert O’Shaughnessy intends to sell 22k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$128, it would amount to US$2.8m. Since September 2024, Robert's direct individual holding has decreased from 89.32k shares to 86.19k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Aug 12PulteGroup, Inc. Appoints Chase Turner as Utah Division President, Effective June 30, 2025PulteGroup, Inc. announced the appointment of Chase Turner as president of its Utah division. With more than 20 years of homebuilding and land acquisition experience, Turner will lead all strategic and operational activities for the division as PulteGroup continues its successful entry into the Utah market. Turner joins PulteGroup from Century Communities, where he most recently served as Division President for the Utah Division. Since PulteGroup's entrance into Utah in 2023, the Company has launched successful communities including Deep Creek at Jordanelle Ridge, Mountain Vista at Sunset Flats and Salem Foothills. The early success of these communities, along with a strong land pipeline, position the division for continued growth and expansion. Utah's robust population growth has created significant demand for new housing. State officials have recognized the need for increased construction. Turner's leadership experience positions PulteGroup'sUtah division to play a meaningful role in bringing high-quality housing options to meet this growing demand. Turner officially joined PulteGroup on June 30, 2025.お知らせ • Aug 07PulteGroup's Central Texas Division Breaks Ground on Del Webb Lost Pines Community, First 55+ Community in Austin Market After 30+ YearsPulteGroup, Inc. announced that its Central Texas division has broken ground on Del Webb Lost Pines, the company's first 55+ active adult community in the Austin area in over three decades. The ceremony held on July 10th in Bastrop, Texas, signals PulteGroup's strategic expansion into one of the nation's fastest-growing retirement markets. Located within The Colony master-planned community in historic Bastrop, just 30 minutes from Austin, Del Webb Lost Pines will feature over 500 residences across 160 acres upon full buildout. The community is strategically positioned to serve the rapidly expanding 55+ demographic in Texas, which recently topped national rankings as the number one state for retirees. The project launched phase one of construction, featuring over 260 residences, with home sales and a grand opening anticipated in First Quarter 2026. The community will offer three home series, featuring one-story designs with open floor plans, spacious kitchens, and energy-efficient construction, all tailored to today's active- adult homebuyers who prioritize wellness, health, and social connection. Central to the Del Webb Lost Pines experience will be a amenity center expected to open in late 2026. The expansive clubhouse will feature a fitness center, aerobics classes, multi-purpose hobby rooms, golf simulator, and social spaces, while outdoor amenities include a resort-style pool, bocce and pickleball courts, and miles of walking trails throughout the naturally beautiful Texas Hill Country setting adjacent to the Colorado River. A full-time Lifestyle Director will oversee programming and events, ensuring residents have abundant opportunities to connect with neighbors and pursue their interests. Del Webb Lost Pines joins PulteGroup's national portfolio of active- adult communities, reinforcing the company's position as America's leading builder serving the 55+ market. The expansion into the Austin area demonstrates PulteGroup's strategic focus on high-growth markets where demographic trends and economic conditions align with demand for quality active- adult housing.Price Target Changed • Jul 27Price target increased by 7.8% to US$136Up from US$126, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$116. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.Price Target Changed • Jul 23Price target increased by 7.8% to US$135Up from US$125, the current price target is an average from 14 analysts. New target price is 13% above last closing price of US$119. Stock is down 2.7% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.Reported Earnings • Jul 23Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: US$3.05 (down from US$3.86 in 2Q 2024). Revenue: US$4.40b (down 4.3% from 2Q 2024). Net income: US$608.5m (down 25% from 2Q 2024). Profit margin: 14% (down from 18% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 09PulteGroup, Inc. Announces Retirement of Debra W. Still as Vice Chair of Pulte Financial ServicesPulteGroup, Inc. announced that Debra W. Still, CMB, Vice Chair of Pulte Financial Services, will retire at the end of 2025, concluding an extraordinary 42-year career with the Company. Still's remarkable tenure spans the transformation of both PulteGroup and the entire mortgage industry. Starting as a Branch Manager in 1983, she advanced through the Company and the industry to become one of the most respected leaders in housing finance, serving as President of Pulte Mortgage starting in 2004 and ultimately as CEO of Pulte Financial Services from 2010 to 2023 before transitioning to her current role as Vice Chair. Following her retirement from PulteGroup, Still will continue her board service with Chimera Investment Corporation, where she has served as a director since 2018, and Enact Holdings, Inc., where she joined the board in 2021. She will also maintain her involvement in various housing industry organizations. Eric Hart, who was named President and CEO of Pulte Financial Services in 2023, will continue to lead the organization.分析記事 • Jul 07Why Investors Shouldn't Be Surprised By PulteGroup, Inc.'s (NYSE:PHM) Low P/EPulteGroup, Inc.'s ( NYSE:PHM ) price-to-earnings (or "P/E") ratio of 7.4x might make it look like a strong buy right...お知らせ • Jun 18PulteGroup Promotes Norman Brown to Southern California Division PresidentPulteGroup announced the promotion of Norman Brown to president of its Southern California division. With nearly 23 years of experience with the Company, Brown will lead all aspects of the division’s homebuilding operations. In 2024, PulteGroup’s Southern California division generated homebuilding revenues of approximately $850 million. Brown's promotion represents PulteGroup's commitment to developing leadership talent from within the organization. His extensive experience spans both the Southern California and Arizona markets, providing him with deep expertise in West area operations. Brown joined PulteGroup through the Del Webb merger in 2001 and was selected as one of the participants in PulteGroup's Leadership Academy, a strategic program designed to prepare high-potential leaders for advancement into senior roles.Upcoming Dividend • Jun 10Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.8%).お知らせ • May 28PulteGroup, Inc. to Report Q2, 2025 Results on Jul 22, 2025PulteGroup, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025分析記事 • May 15Does PulteGroup (NYSE:PHM) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Declared Dividend • May 05First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 17th June 2025 Payment date: 2nd July 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.3% over the next 3 years. However, it would need to fall by 93% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 01Pultegroup, Inc. Announces Quarterly Cash Dividend, Payable on July 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable July 2, 2025, to shareholders of record at the close of business on June 17, 2025.Seeking Alpha • Apr 24PulteGroup: Recent Volatility Has Led To A Compelling Price-To-Value PropositionSummary PulteGroup, a leading U.S. homebuilder, is recognized for its diverse offerings and strong financial position, including a "net cash" status and significant share repurchases. Despite recent market challenges, Pulte's long-term positioning and compelling price-to-value proposition make it an attractive investment, particularly given its above-average margins and scale. Pulte, Lennar, and D.R. Horton have evolved to more defensive business models, securing land through options and generating significant free cash flow without land reinvestment. Fund Management believes these companies can maintain profitability, sustain share repurchases, and improve their cost of capital over time, emulating successful "land light" and "net cash" models. Read the full article on Seeking AlphaReported Earnings • Apr 22First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$2.59 (down from US$3.13 in 1Q 2024). Revenue: US$3.89b (down 1.4% from 1Q 2024). Net income: US$522.8m (down 21% from 1Q 2024). Profit margin: 13% (down from 17% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 21J. Phillip Holloman Does Not Stand for Re-Election as Member of the Board of Directors of PulteGroup, IncOn March 13, 2025, J. Phillip Holloman, a member of the Board of Directors of PulteGroup, Inc., informed the Board of his decision to not stand for re-election at the end of his current term at the Company’s 2025 annual meeting of shareholders scheduled to be held on April 30, 2025, due to other time commitments. Mr. Holloman’s decision did not result from any disagreement with the Company, its management or the Board on any matter, whether related to the Company’s operations, policies, practices or otherwise. The Board and the Company wish to thank Mr. Holloman for his years of dedicated service on the Board. In connection with Mr. Holloman’s decision to not stand for re-election, effective as of the Annual Meeting, the size of the Board will be reduced from eleven members to ten members.お知らせ • Mar 17PulteGroup, Inc., Annual General Meeting, Apr 30, 2025PulteGroup, Inc., Annual General Meeting, Apr 30, 2025.Upcoming Dividend • Mar 11Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 18 March 2025. Payment date: 02 April 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.6%).お知らせ • Mar 03PulteGroup Inc. Introduces Del Webb Explore - The Next Generation of Resort LivingPulteGroup Inc. introduced a new resort lifestyle-inspired brand targeting homebuyers of any generation: Del Webb Explore. Del Webb Explore addresses the demand from Gen X buyers seeking resort-style living. This new offering captures the essence of Del Webb's signature resort experience, which features amenities such as clubhouses, high-end fitness centers, zero-entry lagoon-shaped pools, pickleball courts, walking trails and more, without the limitation of being 55 or older. The first Del Webb Explore communities are planned for Southern California and the Tampa Bay Area, with nationwide expansion already in motion. In its extensive market research, PulteGroup identified an important difference between Del Webb's traditional Booomer buyers compared with today's Gen X consumers. A generation comprising 63 million people, who are 45-60 in 2025, Gen X is a diverse demographic with many seeking luxury, resort-style communities that address their wants and needs. PulteGroup's research showed that 40% of potential Del Webb buyers desired the brand's renowned active lifestyle, but without the limitation of having to be 55 or older. These buyers cited multiple reasons, such as having older children living with them, needing to help care for grandchildren, being younger than a traditional active adult buyer, and simply wanting to live around people of varying ages. Del Webb Explore communities are designed for an important demographic and buyer who is ready to embrace resort-style living on their terms. These communities draw buyers who appreciate luxury amenities, from fitness centers to thoughtfully designed gathering spaces to foster natural connections with neighbors and accommodate vibrant social calendars filled with wine tastings, pickleball tournaments, and more. Del Webb Explore homes include open-concept floor plans optimized for entertaining and everyday living, luxurious finishes, and flexible spaces to accommodate a dynamic lifestyle that includes friends and family of all ages. The homes also include desired features like zero-entry showers, widened hallways, and carefully planned storage. Designs have been fine-tuned based on homeowner feedback, resulting in floorplans that are Life Tested. Del Webb Explore Palm Desert is the first community in Southern California, with sales opened on February 15th, 2025. The community marks the division's return to the desert, where the company has a long and successful history of building resort-style communities. It is being created on 71 acres of land and will have 332 units at build-out. Del Webb Explore North River Ranch will be in the bustling North River Ranch master-planned development between Tampa and Sarasota. Amenities include a lazy river, covered pickleball courts, and a private clubhouse with a poolside bar and grill. Located on 413 acres, the community will feature 901 homes complete with tile roofs, paver drives, and luxurious finishes.お知らせ • Feb 25PulteGroup, Inc. to Report Q1, 2025 Results on Apr 22, 2025PulteGroup, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 22, 2025お知らせ • Feb 21Pultegroup, Inc. Pilots Innovative New Construction ProcessPulteGroup continued to test innovative new technologies with the successful pilot of robotic-assisted construction. The test was conducted in the company's DiVosta community of TerraWalk at Babcock Ranch, America's first solar-powered town, representing the latest advancement in PulteGroup's ongoing efforts to advance homebuilding through technology and innovation. PulteGroup partnered with Australian-based FBR for this demonstration and utilized its Hadrian X®? system, an AI-guided construction robot capable of building structural walls in a single day. The automated system uses an advanced robotic arm to precisely place concrete blocks that are secured using a specialized adhesive which bonds twice as strong as traditional mortar. This build marks one of only 10 homes in the United States constructed using this advanced system, positioning PulteGroup at the forefront of construction innovation. PulteGroup built this home's structural walls using artificial intelligence and robotic technology while maintaining its signature quality. This innovative construction method enhances safety, minimizes waste and accelerates build times. The successful build shows how emerging technologies can streamline construction and points to new possibilities for automated homebuilding nationwide. The robotic construction demonstration showcases the latest addition to PulteGroup's initiatives at Babcock Ranch, where its Innovation Way living laboratory tests and refines emerging technologies and construction methods. Projects range from Ford F-150 Lightning power backup solutions to sustainable building practices, smart home automation and more.Recent Insider Transactions • Feb 14Executive VP recently sold US$1.6m worth of stockOn the 13th of February, Todd Sheldon sold around 15k shares on-market at roughly US$107 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$18m more than they bought in the last 12 months.Declared Dividend • Feb 09Fourth quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 18th March 2025 Payment date: 2nd April 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.0% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range.お知らせ • Feb 06PulteGroup, Inc. Announces Quarterly Cash Dividend, Payable on April 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable April 2, 2025, to shareholders of record at the close of business on March 18, 2025.Reported Earnings • Jan 30Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$14.82 (up from US$11.79 in FY 2023). Revenue: US$17.9b (up 12% from FY 2023). Net income: US$3.08b (up 19% from FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Seeking Alpha • Jan 30PulteGroup: Cheap With High Demand In 2025Summary PulteGroup, Inc. reported a strong Q4 with a 17.2% revenue increase, driven by higher home closings and average selling prices. Despite margin pressures, PulteGroup's administrative expenses improved significantly, contributing to strong income growth. New orders dipped slightly, but the value of these orders rose 4%, and the backlog remains robust at 10,153 homes valued at $6.5 billion. With a healthy balance sheet, ongoing share buybacks, and stable margins, PulteGroup is poised for continued growth, making PHM stock a strong buy opportunity on any weakness. Read the full article on Seeking AlphaUpcoming Dividend • Dec 10Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 03 January 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.3%).お知らせ • Dec 05PulteGroup, Inc. to Report Q4, 2024 Results on Jan 30, 2025PulteGroup, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 30, 2025Seeking Alpha • Nov 30PulteGroup: A Top Homebuilder For 2025Summary In this article, I revisit the homebuilders to assess which is my top choice to lead the industry in 2025. PulteGroup remains my favorite pick due to its solid fundamentals, diversified portfolio, and attractive total shareholder returns. Its balanced operating model, combining speculative and build-to-order homebuilding, allows the company to adapt to shifting consumer preferences. Despite margin pressures and elevated interest rates, its low debt and strong cash position support long-term growth and shareholder returns. D.R. Horton and Green Brick Partners also stand out in my analysis. The former offers industry-leading scale and a higher dividend while the latter has a favorable valuation and operations in high-growth markets. Read the full article on Seeking AlphaDeclared Dividend • Nov 18Third quarter dividend increased to US$0.22Dividend of US$0.22 is 10.0% higher than last year. Ex-date: 17th December 2024 Payment date: 3rd January 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.お知らせ • Nov 14PulteGroup, Inc. Increases Quarterly Cash Dividend, Payable on January 3, 2025PulteGroup, Inc. announced that its Board of Directors has voted to increase the Company’s quarterly cash dividend by 10% to $0.22 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 3, 2025, to shareholders of record at the close of business on December 17, 2024.Seeking Alpha • Oct 23PulteGroup: Margins Are A Concern In A Mixed Q3 (Downgrade)Summary PulteGroup shares fell 7% after Q3 earnings amid fears of rising mortgage rates despite Fed cuts could reduce housing demand. Q3 EPS beat estimates, but new orders fell 0.5% while increased incentives and higher SG&A expenses pressured margins. Pulte's backlog supports current production, but higher land spending and Florida's weak performance pose risks. Despite challenges, strong cash flow and low debt make Pulte a hold, with a revised price target of $140. Read the full article on Seeking AlphaReported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$3.38 (up from US$2.92 in 3Q 2023). Revenue: US$4.48b (up 12% from 3Q 2023). Net income: US$697.9m (up 9.6% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Seeking Alpha • Sep 20PulteGroup: Overvalued As Housing Shortage Slows And Home Prices FalterSummary PulteGroup's high valuation and profit margins are unsustainable due to low home affordability and a fading housing shortage, making it a potential short opportunity. Despite strong recent performance, PulteGroup's backlog and new orders are declining, signaling reduced demand and increased risk exposure. The Federal Reserve's interest rate cuts should not significantly lower mortgage rates, meaning home affordability is unlikely to improve without lower prices. PulteGroup's aggressive investment in new projects amidst economic uncertainty could exacerbate losses if the economy enters a broader recession, though a 2008-repeat is unlikely for numerous reasons. Read the full article on Seeking AlphaDeclared Dividend • Sep 08Second quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 17th September 2024 Payment date: 2nd October 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.お知らせ • Sep 05PulteGroup, Inc. Announces Quarterly Cash Dividend, Payable on October 2, 2024PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.20 per common share payable October 2, 2024, to shareholders of record at the close of business on September 17, 2024.Seeking Alpha • Sep 03PulteGroup: Solid Margins In Undersupplied IndustrySummary PulteGroup, Inc. has achieved growth in line with industry peers as home builders have benefited from a widening housing undersupply, but with much greater margins than its large peers. The short-term industry outlook has been more cloudy with fluctuating interest rates and a weaker labor market, but long-term industry trends should remain healthy. PulteGroup's stock is valued at a reasonable margin of safety compared to my estimated intrinsic value and peers' EV/EBITDA ratios. Read the full article on Seeking AlphaRecent Insider Transactions • Aug 28Executive VP & CFO recently sold US$9.6m worth of stockOn the 23rd of August, Robert O’Shaughnessy sold around 71k shares on-market at roughly US$135 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$13m.お知らせ • Aug 27PulteGroup, Inc. to Report Q3, 2024 Results on Oct 22, 2024PulteGroup, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024お知らせ • Aug 20PulteGroup, Inc. Announces Executive ChangesPulteGroup, Inc. announced the appointment of Mike Guhl as Senior Vice President and Chief Information Officer (CIO), effective August 19, 2024. He replaces current CIO, Joe Drouin, who is retiring effective October 1, 2024. Mike Guhl joins PulteGroup from HD Supply, where he has served as CIO since 2020. His extensive experience in IT leadership includes key roles at Slalom Consulting and Home Depot. Guhl is also a proud veteran, having served as a Captain in the US Air Force. In his new role, Guhl will be responsible for overseeing all aspects of PulteGroup’s IT strategy and operations, ensuring that technology infrastructure supports business objectives and enhances ability to deliver exceptional service to customers and stakeholders.Recent Insider Transactions • Aug 06Executive VP & CFO recently sold US$3.7m worth of stockOn the 1st of August, Robert O’Shaughnessy sold around 29k shares on-market at roughly US$129 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.Seeking Alpha • Aug 06PulteGroup: A Top Homebuilder For Dividend Growth And Total ReturnSummary Homebuilders have absolutely crushed the broader market over the past decade, nearly doubling the total return of the S&P 500. After screening the Homebuilding industry for high-growth, dividend-paying companies, I identify PulteGroup as a particularly strong performer. I also find PHM’s current valuation to be somewhat more favorable than those of its peers at this time. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Aug 04Executive VP & CFO notifies of intention to sell stockRobert O’Shaughnessy intends to sell 97k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of August. If the sale is conducted around the recent share price of US$129, it would amount to US$13m. Since March 2024, Robert has owned 189.32k shares directly. There has only been one transaction (US$206k sale) from insiders over the last 12 months.Price Target Changed • Jul 31Price target increased by 7.1% to US$142Up from US$132, the current price target is an average from 16 analysts. New target price is 6.3% above last closing price of US$133. Stock is up 59% over the past year. The company is forecast to post earnings per share of US$13.41 for next year compared to US$11.79 last year.業績と収益の成長予測NYSE:PHM - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202818,4502,419N/AN/A412/31/202717,1542,0381,7231,4331212/31/202616,4571,9062,0431,112123/31/202616,8282,0431,7781,897N/A12/31/202517,3122,2191,7491,871N/A9/30/202517,6232,6301,5521,668N/A6/30/202517,6952,7421,3181,445N/A3/31/202517,8902,9431,4511,575N/A12/31/202417,9473,0831,5621,681N/A9/30/202417,3192,8791,2831,402N/A6/30/202416,8462,8171,3011,403N/A3/31/202416,4352,7261,6331,725N/A12/31/202316,0622,5932,1052,197N/A9/30/202316,8472,7612,7892,881N/A6/30/202316,7382,7491,9222,017N/A3/31/202316,4292,6801,0661,172N/A12/31/202216,0032,601556668N/A9/30/202215,2832,38243152N/A6/30/202214,8672,229571674N/A3/31/202214,3472,0809461,035N/A12/31/202113,7371,9309311,004N/A9/30/202112,7611,7071,0021,066N/A6/30/202112,2371,6481,3551,409N/A3/31/202111,4711,4941,7041,756N/A12/31/202011,0361,3941,7261,784N/A9/30/202010,8611,2931,6981,760N/A6/30/202010,6161,1501,5131,578N/A3/31/202010,5111,0431,0601,122N/A12/31/201910,2131,006N/A1,076N/A9/30/201910,195909N/A1,018N/A6/30/201910,134925N/A1,208N/A3/31/201910,2151,005N/A1,440N/A12/31/201810,1881,011N/A1,448N/A9/30/20189,984852N/A1,426N/A6/30/20189,466742N/A1,034N/A3/31/20188,918523N/A792N/A12/31/20178,578443N/A663N/A9/30/20178,276637N/A627N/A6/30/20178,088589N/A565N/A3/31/20177,866606N/A171N/A12/31/20167,677598N/A68N/A9/30/20167,237553N/A-399N/A6/30/20166,801533N/A-467N/A3/31/20166,281519N/A-375N/A12/31/20155,982491N/A-338N/A9/30/20155,743480N/A-137N/A6/30/20155,831512N/A44N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PHMの予測収益成長率 (年間3% ) は 貯蓄率 ( 3.5% ) を下回っています。収益対市場: PHMの収益 ( 3% ) US市場 ( 16.7% ) よりも低い成長が予測されています。高成長収益: PHMの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: PHMの収益 ( 2.8% ) US市場 ( 11.6% ) よりも低い成長が予測されています。高い収益成長: PHMの収益 ( 2.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PHMの 自己資本利益率 は、3年後には低くなると予測されています ( 15.2 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 06:32終値2026/05/11 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PulteGroup, Inc. 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。34 アナリスト機関Stephen KimBarclaysMatthew BouleyBarclaysRafe JadrosichBofA Global Research31 その他のアナリストを表示
Price Target Changed • Jul 27Price target increased by 7.8% to US$136Up from US$126, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$116. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.
Price Target Changed • Jul 23Price target increased by 7.8% to US$135Up from US$125, the current price target is an average from 14 analysts. New target price is 13% above last closing price of US$119. Stock is down 2.7% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.
Price Target Changed • Jul 31Price target increased by 7.1% to US$142Up from US$132, the current price target is an average from 16 analysts. New target price is 6.3% above last closing price of US$133. Stock is up 59% over the past year. The company is forecast to post earnings per share of US$13.41 for next year compared to US$11.79 last year.
Declared Dividend • May 03First quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 16th June 2026 Payment date: 2nd July 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
ナラティブ更新 • May 02PHM: Antitrust Probe And Housing Cycle Pressures Will Weigh On MarginsAnalysts have adjusted the PulteGroup fair value estimate from $115.00 to about $104.11, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that are also reflected in recent mixed price target changes across firms such as UBS, Evercore ISI, Wells Fargo, BofA, Truist and Raymond James. Analyst Commentary Recent Street research on PulteGroup shows a split view, with some firms lifting price targets while others cut targets or shifted to a more cautious stance.
お知らせ • May 01PulteGroup, Inc. announces Quarterly dividend, payable on July 02, 2026PulteGroup, Inc. announced Quarterly dividend of USD 0.2600 per share payable on July 02, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.
Reported Earnings • Apr 24First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: US$1.81 (down from US$2.59 in 1Q 2025). Revenue: US$3.41b (down 12% from 1Q 2025). Net income: US$347.0m (down 34% from 1Q 2025). Profit margin: 10% (down from 13% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 17Now 22% overvaluedOver the last 90 days, the stock has fallen 2.8% to US$127. The fair value is estimated to be US$104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 0.6% per annum over the same time period.
ナラティブ更新 • Apr 17PHM: Constrained Supply And Buybacks Will Support Future Margin RepricingThe analyst price target for PulteGroup has been revised from $170 to $159 as analysts incorporate a slightly higher discount rate, modest adjustments to long-term growth and margin assumptions, and a lower future P/E multiple, while still citing supportive industry research and recent rating actions. Analyst Commentary Recent Street research on PulteGroup reflects a mix of cautious valuation resets and ongoing confidence in the company’s earnings power and execution.
Seeking Alpha • Apr 12PulteGroup: Macro Challenges Limit Upside (Rating Downgrade)Summary PulteGroup is downgraded to 'hold' as macro headwinds dampen near-term housing market prospects. PHM faces margin pressure from higher construction costs, limited pricing power, and a shrinking backlog. Management guides for 2026 closings of 28,500–29,000 homes, with average selling prices and margins at the low end of prior expectations. PHM's strong balance sheet and ongoing buybacks support valuation, but shares appear fairly valued at 12x earnings given cyclical risks. Read the full article on Seeking Alpha
ナラティブ更新 • Apr 01PHM: Incentives And Affordability Pressures Will Shape Margins And Earnings VisibilityPulteGroup's updated analyst price target of $115.00, up from $112.40, reflects analysts' view that revenue growth, profit margins, and a lower assumed future P/E multiple now better capture the company's earnings potential highlighted in recent initiations and target hikes across the Street. Analyst Commentary Recent research on PulteGroup shows a mix of optimism on earnings power and caution around housing affordability, margin risk, and broader construction end markets.
ナラティブ更新 • Mar 18PHM: Constrained Supply And Buybacks Will Support Multi Year Profitability RepricingThe analyst price target for PulteGroup is maintained at $170, with small adjustments to the discount rate, revenue growth, profit margin, and future P/E inputs. These changes reflect analysts' view that the market is still underappreciating the company's multi year profitability potential, even though they expect weaker industry margins and demand in 2026.
お知らせ • Mar 16PulteGroup, Inc., Annual General Meeting, Apr 29, 2026PulteGroup, Inc., Annual General Meeting, Apr 29, 2026.
Upcoming Dividend • Mar 10Upcoming dividend of US$0.26 per shareEligible shareholders must have bought the stock before 17 March 2026. Payment date: 02 April 2026. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.7%).
ナラティブ更新 • Mar 04PHM: Constrained Supply And Buybacks Will Support Future Profitability RepricingThe analyst price target for PulteGroup has been raised from $160 to $170, with analysts pointing to updated views on the company’s earnings potential, supported by recent initiations and target hikes that highlight perceived mispricing of its profitability over the next few years. Analyst Commentary Recent research on PulteGroup has leaned constructive, with several bullish analysts highlighting what they view as a gap between the current share price and the company’s earnings potential over the next few years.
お知らせ • Feb 23PulteGroup, Inc. to Report Q1, 2026 Results on Apr 23, 2026PulteGroup, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 23, 2026
新しいナラティブ • Feb 21Structural Housing Shortage and Low Leverage Drive PulteGroup’s 11% Long-Term GrowthAnalyst Commentary PulteGroup has transformed from a cyclical builder to a highly efficienct capital machine. They focus on leveraging asset light strategies to build strategic advantages within the housing market supported by structural undersupply.
ナラティブ更新 • Feb 18PHM: Margins Cash Returns And Antitrust Risks Will Shape Balanced ProspectsAnalysts have inched their price targets on PulteGroup higher, reflected in a modest uptick in our fair value estimate to $141.38 as they factor in updated views on homebuilding demand, margin resilience, and the company’s future P/E profile. Analyst Commentary Recent research on PulteGroup points to a split view, with many price targets moving higher while a few firms take a more cautious stance.
お知らせ • Feb 09Pultegroup, Inc. Appoints Kristin Gannon as Independent Director and Committee Member, Effective February 10, 2026PulteGroup, Inc. announced the appointment of Kristin Gannon, Managing Director at Eastdil Secured, as a new independent director to its Board, effective February 10, 2026., to serve until the Company’s 2026 annual meeting of shareholders and until her successor is elected and qualified. The Board has determined that Ms. Gannon is independent under the New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines. In addition, the Board appointed Ms. Gannon to serve on the Audit and the Nominating and Governance Committee of the Board. Ms. Gannon will serve on the Nominating and Governance Committee and the Audit Committee. Ms. Gannon is currently a Managing Director at Eastdil Secured, a global real estate investment bank providing commercial real estate and capital markets expertise, where she serves as global co-head of the firm’s Corporate Advisory and M&A Group. Earlier in her career, Ms. Gannon held senior investment banking roles at Goldman Sachs and Morgan Stanley, where she led real estate coverage and executed complex M&A and capital markets transactions across the industry. Over the course of her career, Ms. Gannon has advised on more than $150 billion in real estate mergers, financings, and strategic transactions. A graduate from the University of California, Berkeley with a BS in Business Administration and an MBA from the MIT Sloan School of Management, Ms. Gannon is a member of the Policy Advisory Board of the Fisher Center at UC Berkeley and the Urban Land Institute.
Declared Dividend • Feb 08Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 17th March 2026 Payment date: 2nd April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Feb 08President recently sold US$15m worth of stockOn the 5th of February, Ryan Marshall sold around 111k shares on-market at roughly US$134 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ryan's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Feb 06Independent Non-Executive Chairman notifies of intention to sell stockThomas Folliard intends to sell 37k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of February. If the sale is conducted around the recent share price of US$134, it would amount to US$5.0m. Since March 2025, Thomas has owned 45.23k shares directly. Company insiders have collectively sold US$5.2m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Feb 06PulteGroup, Inc. Declares Quarterly Dividend on Common Shares, Payable on April 2, 2026PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.26 per common share payable April 2, 2026, to shareholders of record at the close of business on March 17, 2026.
ナラティブ更新 • Feb 04PHM: Margins Cash Returns And New Markets Will Guide Balanced ProspectsAnalysts have nudged their implied fair value estimate for PulteGroup slightly higher to about $141, after a series of recent price target increases that lean on expectations for healthier revenue trends, firmer profit margins and a lower future P/E assumption, partly offset by a modestly higher discount rate. Analyst Commentary Recent Street research on PulteGroup shows a generally constructive tone, with several firms adjusting price targets and one new initiation, while a couple of voices are more guarded on housing and broader building products exposure.
Reported Earnings • Jan 29Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.21 (down from US$14.82 in FY 2024). Revenue: US$17.3b (down 3.5% from FY 2024). Net income: US$2.22b (down 28% from FY 2024). Profit margin: 13% (down from 17% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブ更新 • Jan 21PHM: Elevated Incentives And Margin Pressure Will Weigh On Future ReturnsAnalysts have lifted their PulteGroup fair value estimate by about US$10 to roughly US$112, reflecting updated price targets that factor in slower projected revenue growth, some pressure on profit margins, and a higher assumed future P/E multiple supported by recent research highlighting the resilience of its move up and active adult mix in a tougher affordability backdrop. Analyst Commentary Street research on PulteGroup has been active, with several firms revisiting their price targets and assumptions as housing affordability and demand visibility remain key swing factors.
ナラティブ更新 • Jan 06PHM: Constrained Housing Supply And Buybacks Will Support Future Earnings ResilienceAnalysts have inched their average PulteGroup price target slightly lower to about $159, a trim of roughly $1, as they factor in a modestly higher discount rate and small tweaks to long term margin and P/E assumptions, while still pointing to constrained housing supply and potential macro improvement as key supports for the homebuilder. Analyst Commentary Bullish analysts trimming their PulteGroup price targets slightly while maintaining positive ratings see the recent move as more of a fine tuning of models than a change in conviction.
分析記事 • Jan 01An Intrinsic Calculation For PulteGroup, Inc. (NYSE:PHM) Suggests It's 24% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, PulteGroup fair value estimate is US$154 PulteGroup is...
ナラティブ更新 • Dec 23PHM: Sector Multiple Expansion And Buybacks Will Support Earnings ResilienceAnalysts have nudged their fair value estimate for PulteGroup slightly lower to $160 from $163, reflecting modestly softer long term revenue growth and margin assumptions, even as sector multiple expansion supports a higher $143 Street price target. Analyst Commentary Bullish analysts highlight that the recent lift in the PulteGroup price target to $143 reflects growing confidence that the company can sustain attractive returns even as volume growth moderates.
Buy Or Sell Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to US$123. The fair value is estimated to be US$154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 9.4%. Revenue is forecast to decline by 1.1% in 2 years. Earnings are forecast to decline by 14% in the next 2 years.
Upcoming Dividend • Dec 09Upcoming dividend of US$0.26 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.5%).
ナラティブ更新 • Dec 08PHM: Resilient Margins And Sector Multiple Expansion Will Drive UpsideAnalysts have nudged their fair value estimate for PulteGroup higher to about $139 from roughly $137, citing sector multiple expansion, resilient margins, and only modest expected volume pressure, despite a slightly higher discount rate and softer revenue growth outlook. Analyst Commentary Recent research updates on PulteGroup reflect a broadly constructive stance, with valuation moving higher as analysts reassess sector dynamics and company specific execution.
分析記事 • Dec 05PulteGroup (NYSE:PHM) Is Increasing Its Dividend To $0.26PulteGroup, Inc. ( NYSE:PHM ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Dec 04PulteGroup, Inc. to Report Q4, 2025 Results on Jan 29, 2026PulteGroup, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 29, 2026
Declared Dividend • Nov 23Third quarter dividend increased to US$0.26Dividend of US$0.26 is 18% higher than last year. Ex-date: 16th December 2025 Payment date: 6th January 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.2% over the next 2 years. However, it would need to fall by 93% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Nov 20PulteGroup, Inc. Increases Quarterly Cash Dividend, Payable on January 6, 2026PulteGroup, Inc. announced that its Board of Directors has voted to increase the Company’s quarterly dividend by 18% to $0.26 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 6, 2026, to shareholders of record at the close of business on December 16, 2025.
Reported Earnings • Oct 21Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$2.98 (down from US$3.38 in 3Q 2024). Revenue: US$4.40b (down 1.6% from 3Q 2024). Net income: US$585.8m (down 16% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Sep 27PulteGroup, Inc. (NYSE:PHM) Shares Could Be 48% Below Their Intrinsic Value EstimateKey Insights The projected fair value for PulteGroup is US$252 based on 2 Stage Free Cash Flow to Equity Current share...
ナラティブ更新 • Sep 19Active Adult Communities And Sunbelt Migration Will Drive OpportunityAnalysts have raised PulteGroup's price target to $137.38, reflecting strong Q2 results, solid execution of strategy, and sector optimism, despite some near-term demand concerns. Analyst Commentary Bullish analysts have raised price targets in response to PulteGroup's strong Q2 results, which beat both internal forecasts and consensus estimates, reflecting solid operational performance.
分析記事 • Sep 08Why The 23% Return On Capital At PulteGroup (NYSE:PHM) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Declared Dividend • Sep 08Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 16th September 2025 Payment date: 2nd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.
お知らせ • Sep 04PulteGroup Announces Quarterly Cash Dividend, Payable on October 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable October 2, 2025, to shareholders of record at the close of business on September 16, 2025.
お知らせ • Aug 26PulteGroup, Inc. to Report Q3, 2025 Results on Oct 21, 2025PulteGroup, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 21, 2025
お知らせ • Aug 21PulteGroup Promotes Scott Bryson to Dallas Division PresidentPulteGroup announced the promotion of Scott Bryson to president of its Dallas division. With nearly 20 years of experience with the Company, Bryson will lead all aspects of the division's homebuilding operations. In 2024, PulteGroup's Dallas division closed approximately 1,600 homes and generated revenue of $700 million. Bryson's promotion further represents the Company's commitment to developing leadership talent within the organization. His extensive experience spans nearly two decades with the Company, including leadership roles in finance and operations. Bryson joined PulteGroup in 2006 and transitioned to the Dallas market in 2008 as Director of Finance, where he has consistently excelled over the past 17 years, stepping into many leadership roles including Central Area VP of Finance before advancing to his most recent role as VP of Operations for the Dallas division. In January 2024 Bryson was selected as one of the participants in PulteGroup's Leadership Academy, an innovative organizational development program designed to prepare high-potential leaders for advancement into senior roles. Bryson’s extensive experience in both finance and operations provides him with the requisite skills needed to drive business performance while maintaining PulteGroup's commitment to quality and customer satisfaction.
Recent Insider Transactions • Aug 17Executive Vice President recently sold US$2.8m worth of stockOn the 14th of August, Robert O’Shaughnessy sold around 22k shares on-market at roughly US$128 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$17m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Aug 15Executive Vice President notifies of intention to sell stockRobert O’Shaughnessy intends to sell 22k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$128, it would amount to US$2.8m. Since September 2024, Robert's direct individual holding has decreased from 89.32k shares to 86.19k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Aug 12PulteGroup, Inc. Appoints Chase Turner as Utah Division President, Effective June 30, 2025PulteGroup, Inc. announced the appointment of Chase Turner as president of its Utah division. With more than 20 years of homebuilding and land acquisition experience, Turner will lead all strategic and operational activities for the division as PulteGroup continues its successful entry into the Utah market. Turner joins PulteGroup from Century Communities, where he most recently served as Division President for the Utah Division. Since PulteGroup's entrance into Utah in 2023, the Company has launched successful communities including Deep Creek at Jordanelle Ridge, Mountain Vista at Sunset Flats and Salem Foothills. The early success of these communities, along with a strong land pipeline, position the division for continued growth and expansion. Utah's robust population growth has created significant demand for new housing. State officials have recognized the need for increased construction. Turner's leadership experience positions PulteGroup'sUtah division to play a meaningful role in bringing high-quality housing options to meet this growing demand. Turner officially joined PulteGroup on June 30, 2025.
お知らせ • Aug 07PulteGroup's Central Texas Division Breaks Ground on Del Webb Lost Pines Community, First 55+ Community in Austin Market After 30+ YearsPulteGroup, Inc. announced that its Central Texas division has broken ground on Del Webb Lost Pines, the company's first 55+ active adult community in the Austin area in over three decades. The ceremony held on July 10th in Bastrop, Texas, signals PulteGroup's strategic expansion into one of the nation's fastest-growing retirement markets. Located within The Colony master-planned community in historic Bastrop, just 30 minutes from Austin, Del Webb Lost Pines will feature over 500 residences across 160 acres upon full buildout. The community is strategically positioned to serve the rapidly expanding 55+ demographic in Texas, which recently topped national rankings as the number one state for retirees. The project launched phase one of construction, featuring over 260 residences, with home sales and a grand opening anticipated in First Quarter 2026. The community will offer three home series, featuring one-story designs with open floor plans, spacious kitchens, and energy-efficient construction, all tailored to today's active- adult homebuyers who prioritize wellness, health, and social connection. Central to the Del Webb Lost Pines experience will be a amenity center expected to open in late 2026. The expansive clubhouse will feature a fitness center, aerobics classes, multi-purpose hobby rooms, golf simulator, and social spaces, while outdoor amenities include a resort-style pool, bocce and pickleball courts, and miles of walking trails throughout the naturally beautiful Texas Hill Country setting adjacent to the Colorado River. A full-time Lifestyle Director will oversee programming and events, ensuring residents have abundant opportunities to connect with neighbors and pursue their interests. Del Webb Lost Pines joins PulteGroup's national portfolio of active- adult communities, reinforcing the company's position as America's leading builder serving the 55+ market. The expansion into the Austin area demonstrates PulteGroup's strategic focus on high-growth markets where demographic trends and economic conditions align with demand for quality active- adult housing.
Price Target Changed • Jul 27Price target increased by 7.8% to US$136Up from US$126, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$116. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.
Price Target Changed • Jul 23Price target increased by 7.8% to US$135Up from US$125, the current price target is an average from 14 analysts. New target price is 13% above last closing price of US$119. Stock is down 2.7% over the past year. The company is forecast to post earnings per share of US$11.36 for next year compared to US$14.82 last year.
Reported Earnings • Jul 23Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: US$3.05 (down from US$3.86 in 2Q 2024). Revenue: US$4.40b (down 4.3% from 2Q 2024). Net income: US$608.5m (down 25% from 2Q 2024). Profit margin: 14% (down from 18% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 09PulteGroup, Inc. Announces Retirement of Debra W. Still as Vice Chair of Pulte Financial ServicesPulteGroup, Inc. announced that Debra W. Still, CMB, Vice Chair of Pulte Financial Services, will retire at the end of 2025, concluding an extraordinary 42-year career with the Company. Still's remarkable tenure spans the transformation of both PulteGroup and the entire mortgage industry. Starting as a Branch Manager in 1983, she advanced through the Company and the industry to become one of the most respected leaders in housing finance, serving as President of Pulte Mortgage starting in 2004 and ultimately as CEO of Pulte Financial Services from 2010 to 2023 before transitioning to her current role as Vice Chair. Following her retirement from PulteGroup, Still will continue her board service with Chimera Investment Corporation, where she has served as a director since 2018, and Enact Holdings, Inc., where she joined the board in 2021. She will also maintain her involvement in various housing industry organizations. Eric Hart, who was named President and CEO of Pulte Financial Services in 2023, will continue to lead the organization.
分析記事 • Jul 07Why Investors Shouldn't Be Surprised By PulteGroup, Inc.'s (NYSE:PHM) Low P/EPulteGroup, Inc.'s ( NYSE:PHM ) price-to-earnings (or "P/E") ratio of 7.4x might make it look like a strong buy right...
お知らせ • Jun 18PulteGroup Promotes Norman Brown to Southern California Division PresidentPulteGroup announced the promotion of Norman Brown to president of its Southern California division. With nearly 23 years of experience with the Company, Brown will lead all aspects of the division’s homebuilding operations. In 2024, PulteGroup’s Southern California division generated homebuilding revenues of approximately $850 million. Brown's promotion represents PulteGroup's commitment to developing leadership talent from within the organization. His extensive experience spans both the Southern California and Arizona markets, providing him with deep expertise in West area operations. Brown joined PulteGroup through the Del Webb merger in 2001 and was selected as one of the participants in PulteGroup's Leadership Academy, a strategic program designed to prepare high-potential leaders for advancement into senior roles.
Upcoming Dividend • Jun 10Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.8%).
お知らせ • May 28PulteGroup, Inc. to Report Q2, 2025 Results on Jul 22, 2025PulteGroup, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025
分析記事 • May 15Does PulteGroup (NYSE:PHM) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Declared Dividend • May 05First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 17th June 2025 Payment date: 2nd July 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.3% over the next 3 years. However, it would need to fall by 93% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 01Pultegroup, Inc. Announces Quarterly Cash Dividend, Payable on July 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable July 2, 2025, to shareholders of record at the close of business on June 17, 2025.
Seeking Alpha • Apr 24PulteGroup: Recent Volatility Has Led To A Compelling Price-To-Value PropositionSummary PulteGroup, a leading U.S. homebuilder, is recognized for its diverse offerings and strong financial position, including a "net cash" status and significant share repurchases. Despite recent market challenges, Pulte's long-term positioning and compelling price-to-value proposition make it an attractive investment, particularly given its above-average margins and scale. Pulte, Lennar, and D.R. Horton have evolved to more defensive business models, securing land through options and generating significant free cash flow without land reinvestment. Fund Management believes these companies can maintain profitability, sustain share repurchases, and improve their cost of capital over time, emulating successful "land light" and "net cash" models. Read the full article on Seeking Alpha
Reported Earnings • Apr 22First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$2.59 (down from US$3.13 in 1Q 2024). Revenue: US$3.89b (down 1.4% from 1Q 2024). Net income: US$522.8m (down 21% from 1Q 2024). Profit margin: 13% (down from 17% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 21J. Phillip Holloman Does Not Stand for Re-Election as Member of the Board of Directors of PulteGroup, IncOn March 13, 2025, J. Phillip Holloman, a member of the Board of Directors of PulteGroup, Inc., informed the Board of his decision to not stand for re-election at the end of his current term at the Company’s 2025 annual meeting of shareholders scheduled to be held on April 30, 2025, due to other time commitments. Mr. Holloman’s decision did not result from any disagreement with the Company, its management or the Board on any matter, whether related to the Company’s operations, policies, practices or otherwise. The Board and the Company wish to thank Mr. Holloman for his years of dedicated service on the Board. In connection with Mr. Holloman’s decision to not stand for re-election, effective as of the Annual Meeting, the size of the Board will be reduced from eleven members to ten members.
お知らせ • Mar 17PulteGroup, Inc., Annual General Meeting, Apr 30, 2025PulteGroup, Inc., Annual General Meeting, Apr 30, 2025.
Upcoming Dividend • Mar 11Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 18 March 2025. Payment date: 02 April 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.6%).
お知らせ • Mar 03PulteGroup Inc. Introduces Del Webb Explore - The Next Generation of Resort LivingPulteGroup Inc. introduced a new resort lifestyle-inspired brand targeting homebuyers of any generation: Del Webb Explore. Del Webb Explore addresses the demand from Gen X buyers seeking resort-style living. This new offering captures the essence of Del Webb's signature resort experience, which features amenities such as clubhouses, high-end fitness centers, zero-entry lagoon-shaped pools, pickleball courts, walking trails and more, without the limitation of being 55 or older. The first Del Webb Explore communities are planned for Southern California and the Tampa Bay Area, with nationwide expansion already in motion. In its extensive market research, PulteGroup identified an important difference between Del Webb's traditional Booomer buyers compared with today's Gen X consumers. A generation comprising 63 million people, who are 45-60 in 2025, Gen X is a diverse demographic with many seeking luxury, resort-style communities that address their wants and needs. PulteGroup's research showed that 40% of potential Del Webb buyers desired the brand's renowned active lifestyle, but without the limitation of having to be 55 or older. These buyers cited multiple reasons, such as having older children living with them, needing to help care for grandchildren, being younger than a traditional active adult buyer, and simply wanting to live around people of varying ages. Del Webb Explore communities are designed for an important demographic and buyer who is ready to embrace resort-style living on their terms. These communities draw buyers who appreciate luxury amenities, from fitness centers to thoughtfully designed gathering spaces to foster natural connections with neighbors and accommodate vibrant social calendars filled with wine tastings, pickleball tournaments, and more. Del Webb Explore homes include open-concept floor plans optimized for entertaining and everyday living, luxurious finishes, and flexible spaces to accommodate a dynamic lifestyle that includes friends and family of all ages. The homes also include desired features like zero-entry showers, widened hallways, and carefully planned storage. Designs have been fine-tuned based on homeowner feedback, resulting in floorplans that are Life Tested. Del Webb Explore Palm Desert is the first community in Southern California, with sales opened on February 15th, 2025. The community marks the division's return to the desert, where the company has a long and successful history of building resort-style communities. It is being created on 71 acres of land and will have 332 units at build-out. Del Webb Explore North River Ranch will be in the bustling North River Ranch master-planned development between Tampa and Sarasota. Amenities include a lazy river, covered pickleball courts, and a private clubhouse with a poolside bar and grill. Located on 413 acres, the community will feature 901 homes complete with tile roofs, paver drives, and luxurious finishes.
お知らせ • Feb 25PulteGroup, Inc. to Report Q1, 2025 Results on Apr 22, 2025PulteGroup, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 22, 2025
お知らせ • Feb 21Pultegroup, Inc. Pilots Innovative New Construction ProcessPulteGroup continued to test innovative new technologies with the successful pilot of robotic-assisted construction. The test was conducted in the company's DiVosta community of TerraWalk at Babcock Ranch, America's first solar-powered town, representing the latest advancement in PulteGroup's ongoing efforts to advance homebuilding through technology and innovation. PulteGroup partnered with Australian-based FBR for this demonstration and utilized its Hadrian X®? system, an AI-guided construction robot capable of building structural walls in a single day. The automated system uses an advanced robotic arm to precisely place concrete blocks that are secured using a specialized adhesive which bonds twice as strong as traditional mortar. This build marks one of only 10 homes in the United States constructed using this advanced system, positioning PulteGroup at the forefront of construction innovation. PulteGroup built this home's structural walls using artificial intelligence and robotic technology while maintaining its signature quality. This innovative construction method enhances safety, minimizes waste and accelerates build times. The successful build shows how emerging technologies can streamline construction and points to new possibilities for automated homebuilding nationwide. The robotic construction demonstration showcases the latest addition to PulteGroup's initiatives at Babcock Ranch, where its Innovation Way living laboratory tests and refines emerging technologies and construction methods. Projects range from Ford F-150 Lightning power backup solutions to sustainable building practices, smart home automation and more.
Recent Insider Transactions • Feb 14Executive VP recently sold US$1.6m worth of stockOn the 13th of February, Todd Sheldon sold around 15k shares on-market at roughly US$107 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$18m more than they bought in the last 12 months.
Declared Dividend • Feb 09Fourth quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 18th March 2025 Payment date: 2nd April 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.0% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Feb 06PulteGroup, Inc. Announces Quarterly Cash Dividend, Payable on April 2, 2025PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable April 2, 2025, to shareholders of record at the close of business on March 18, 2025.
Reported Earnings • Jan 30Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$14.82 (up from US$11.79 in FY 2023). Revenue: US$17.9b (up 12% from FY 2023). Net income: US$3.08b (up 19% from FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Seeking Alpha • Jan 30PulteGroup: Cheap With High Demand In 2025Summary PulteGroup, Inc. reported a strong Q4 with a 17.2% revenue increase, driven by higher home closings and average selling prices. Despite margin pressures, PulteGroup's administrative expenses improved significantly, contributing to strong income growth. New orders dipped slightly, but the value of these orders rose 4%, and the backlog remains robust at 10,153 homes valued at $6.5 billion. With a healthy balance sheet, ongoing share buybacks, and stable margins, PulteGroup is poised for continued growth, making PHM stock a strong buy opportunity on any weakness. Read the full article on Seeking Alpha
Upcoming Dividend • Dec 10Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 03 January 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.3%).
お知らせ • Dec 05PulteGroup, Inc. to Report Q4, 2024 Results on Jan 30, 2025PulteGroup, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 30, 2025
Seeking Alpha • Nov 30PulteGroup: A Top Homebuilder For 2025Summary In this article, I revisit the homebuilders to assess which is my top choice to lead the industry in 2025. PulteGroup remains my favorite pick due to its solid fundamentals, diversified portfolio, and attractive total shareholder returns. Its balanced operating model, combining speculative and build-to-order homebuilding, allows the company to adapt to shifting consumer preferences. Despite margin pressures and elevated interest rates, its low debt and strong cash position support long-term growth and shareholder returns. D.R. Horton and Green Brick Partners also stand out in my analysis. The former offers industry-leading scale and a higher dividend while the latter has a favorable valuation and operations in high-growth markets. Read the full article on Seeking Alpha
Declared Dividend • Nov 18Third quarter dividend increased to US$0.22Dividend of US$0.22 is 10.0% higher than last year. Ex-date: 17th December 2024 Payment date: 3rd January 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.
お知らせ • Nov 14PulteGroup, Inc. Increases Quarterly Cash Dividend, Payable on January 3, 2025PulteGroup, Inc. announced that its Board of Directors has voted to increase the Company’s quarterly cash dividend by 10% to $0.22 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 3, 2025, to shareholders of record at the close of business on December 17, 2024.
Seeking Alpha • Oct 23PulteGroup: Margins Are A Concern In A Mixed Q3 (Downgrade)Summary PulteGroup shares fell 7% after Q3 earnings amid fears of rising mortgage rates despite Fed cuts could reduce housing demand. Q3 EPS beat estimates, but new orders fell 0.5% while increased incentives and higher SG&A expenses pressured margins. Pulte's backlog supports current production, but higher land spending and Florida's weak performance pose risks. Despite challenges, strong cash flow and low debt make Pulte a hold, with a revised price target of $140. Read the full article on Seeking Alpha
Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$3.38 (up from US$2.92 in 3Q 2023). Revenue: US$4.48b (up 12% from 3Q 2023). Net income: US$697.9m (up 9.6% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Seeking Alpha • Sep 20PulteGroup: Overvalued As Housing Shortage Slows And Home Prices FalterSummary PulteGroup's high valuation and profit margins are unsustainable due to low home affordability and a fading housing shortage, making it a potential short opportunity. Despite strong recent performance, PulteGroup's backlog and new orders are declining, signaling reduced demand and increased risk exposure. The Federal Reserve's interest rate cuts should not significantly lower mortgage rates, meaning home affordability is unlikely to improve without lower prices. PulteGroup's aggressive investment in new projects amidst economic uncertainty could exacerbate losses if the economy enters a broader recession, though a 2008-repeat is unlikely for numerous reasons. Read the full article on Seeking Alpha
Declared Dividend • Sep 08Second quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 17th September 2024 Payment date: 2nd October 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 13%.
お知らせ • Sep 05PulteGroup, Inc. Announces Quarterly Cash Dividend, Payable on October 2, 2024PulteGroup, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.20 per common share payable October 2, 2024, to shareholders of record at the close of business on September 17, 2024.
Seeking Alpha • Sep 03PulteGroup: Solid Margins In Undersupplied IndustrySummary PulteGroup, Inc. has achieved growth in line with industry peers as home builders have benefited from a widening housing undersupply, but with much greater margins than its large peers. The short-term industry outlook has been more cloudy with fluctuating interest rates and a weaker labor market, but long-term industry trends should remain healthy. PulteGroup's stock is valued at a reasonable margin of safety compared to my estimated intrinsic value and peers' EV/EBITDA ratios. Read the full article on Seeking Alpha
Recent Insider Transactions • Aug 28Executive VP & CFO recently sold US$9.6m worth of stockOn the 23rd of August, Robert O’Shaughnessy sold around 71k shares on-market at roughly US$135 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$13m.
お知らせ • Aug 27PulteGroup, Inc. to Report Q3, 2024 Results on Oct 22, 2024PulteGroup, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024
お知らせ • Aug 20PulteGroup, Inc. Announces Executive ChangesPulteGroup, Inc. announced the appointment of Mike Guhl as Senior Vice President and Chief Information Officer (CIO), effective August 19, 2024. He replaces current CIO, Joe Drouin, who is retiring effective October 1, 2024. Mike Guhl joins PulteGroup from HD Supply, where he has served as CIO since 2020. His extensive experience in IT leadership includes key roles at Slalom Consulting and Home Depot. Guhl is also a proud veteran, having served as a Captain in the US Air Force. In his new role, Guhl will be responsible for overseeing all aspects of PulteGroup’s IT strategy and operations, ensuring that technology infrastructure supports business objectives and enhances ability to deliver exceptional service to customers and stakeholders.
Recent Insider Transactions • Aug 06Executive VP & CFO recently sold US$3.7m worth of stockOn the 1st of August, Robert O’Shaughnessy sold around 29k shares on-market at roughly US$129 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
Seeking Alpha • Aug 06PulteGroup: A Top Homebuilder For Dividend Growth And Total ReturnSummary Homebuilders have absolutely crushed the broader market over the past decade, nearly doubling the total return of the S&P 500. After screening the Homebuilding industry for high-growth, dividend-paying companies, I identify PulteGroup as a particularly strong performer. I also find PHM’s current valuation to be somewhat more favorable than those of its peers at this time. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Aug 04Executive VP & CFO notifies of intention to sell stockRobert O’Shaughnessy intends to sell 97k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of August. If the sale is conducted around the recent share price of US$129, it would amount to US$13m. Since March 2024, Robert has owned 189.32k shares directly. There has only been one transaction (US$206k sale) from insiders over the last 12 months.
Price Target Changed • Jul 31Price target increased by 7.1% to US$142Up from US$132, the current price target is an average from 16 analysts. New target price is 6.3% above last closing price of US$133. Stock is up 59% over the past year. The company is forecast to post earnings per share of US$13.41 for next year compared to US$11.79 last year.
