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PHM

PulteGroup NYSE:PHM Stock Report

Last Price

US$42.74

Market Cap

US$10.2b

7D

0.5%

1Y

-23.4%

Updated

22 May, 2022

Data

Company Financials +
PHM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends2/6

PHM Stock Overview

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States.

PulteGroup Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PulteGroup
Historical stock prices
Current Share PriceUS$42.74
52 Week HighUS$58.83
52 Week LowUS$39.61
Beta1.33
1 Month Change1.98%
3 Month Change-11.20%
1 Year Change-23.36%
3 Year Change33.06%
5 Year Change87.13%
Change since IPO2,749.33%

Recent News & Updates

May 08
PulteGroup (NYSE:PHM) Has Re-Affirmed Its Dividend Of US$0.15

PulteGroup (NYSE:PHM) Has Re-Affirmed Its Dividend Of US$0.15

PulteGroup, Inc. ( NYSE:PHM ) will pay a dividend of US$0.15 on the 5th of July. This payment means the dividend yield...

May 01
Are Investors Undervaluing PulteGroup, Inc. (NYSE:PHM) By 50%?

Are Investors Undervaluing PulteGroup, Inc. (NYSE:PHM) By 50%?

In this article we are going to estimate the intrinsic value of PulteGroup, Inc. ( NYSE:PHM ) by taking the forecast...

Apr 30

PulteGroup Is A Table Pounding Strong Buy

Why we're recommending Pulte again? Because the thesis behind Pulte has only grown stronger! This is one of the fattest pitches on Wall Street, and even if we get a recession in the next few years.

Shareholder Returns

PHMUS Consumer DurablesUS Market
7D0.5%-2.8%-2.7%
1Y-23.4%-27.5%-12.9%

Return vs Industry: PHM exceeded the US Consumer Durables industry which returned -27.5% over the past year.

Return vs Market: PHM underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is PHM's price volatile compared to industry and market?
PHM volatility
PHM Average Weekly Movement6.6%
Consumer Durables Industry Average Movement7.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: PHM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PHM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19506,182Ryan Marshallhttps://www.pultegroup.com

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names.

PulteGroup Fundamentals Summary

How do PulteGroup's earnings and revenue compare to its market cap?
PHM fundamental statistics
Market CapUS$10.16b
Earnings (TTM)US$2.08b
Revenue (TTM)US$14.38b

4.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PHM income statement (TTM)
RevenueUS$14.38b
Cost of RevenueUS$10.23b
Gross ProfitUS$3.98b
Other ExpensesUS$1.90b
EarningsUS$2.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.75
Gross Margin27.70%
Net Profit Margin14.46%
Debt/Equity Ratio32.8%

How did PHM perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

7%

Payout Ratio

Does PHM pay a reliable dividends?

See PHM dividend history and benchmarks
When do you need to buy PHM by to receive an upcoming dividend?
PulteGroup dividend dates
Ex Dividend DateJun 09 2022
Dividend Pay DateJul 05 2022
Days until Ex dividend17 days
Days until Dividend pay date43 days

Does PHM pay a reliable dividends?

See PHM dividend history and benchmarks

Valuation

Is PulteGroup undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


50.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PHM ($42.74) is trading below our estimate of fair value ($85.41)

Significantly Below Fair Value: PHM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PHM is good value based on its PE Ratio (4.9x) compared to the US Consumer Durables industry average (8.1x).

PE vs Market: PHM is good value based on its PE Ratio (4.9x) compared to the US market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: PHM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PHM is overvalued based on its PB Ratio (1.4x) compared to the US Consumer Durables industry average (1.2x).


Future Growth

How is PulteGroup forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHM's earnings are forecast to decline over the next 3 years (-0.6% per year).

Earnings vs Market: PHM's earnings are forecast to decline over the next 3 years (-0.6% per year).

High Growth Earnings: PHM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PHM's revenue (5.8% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: PHM's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PHM's Return on Equity is forecast to be high in 3 years time (25.4%)


Past Performance

How has PulteGroup performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PHM has high quality earnings.

Growing Profit Margin: PHM's current net profit margins (14.5%) are higher than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: PHM's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: PHM's earnings growth over the past year (39.2%) exceeds its 5-year average (26.2% per year).

Earnings vs Industry: PHM earnings growth over the past year (39.2%) underperformed the Consumer Durables industry 45.1%.


Return on Equity

High ROE: PHM's Return on Equity (28.3%) is considered high.


Financial Health

How is PulteGroup's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PHM's short term assets ($12.1B) exceed its short term liabilities ($2.5B).

Long Term Liabilities: PHM's short term assets ($12.1B) exceed its long term liabilities ($3.3B).


Debt to Equity History and Analysis

Debt Level: PHM's net debt to equity ratio (17.1%) is considered satisfactory.

Reducing Debt: PHM's debt to equity ratio has reduced from 70.2% to 32.8% over the past 5 years.

Debt Coverage: PHM's debt is well covered by operating cash flow (42.6%).

Interest Coverage: PHM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is PulteGroup current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.40%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 22 2022Ex Dividend DateJun 09 2022Dividend Pay DateJul 05 202226 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PHM's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: PHM's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (4.11%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, PHM has been paying a dividend for less than 10 years.

Growing Dividend: PHM's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7%), PHM's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.1%), PHM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Ryan Marshall (46 yo)

6.25yrs

Tenure

US$16,149,555

Compensation

Mr. Ryan R. Marshall serves as Director at Floor & Decor Holdings, Inc. since January 1, 2021. He has been the Chief Executive Officer of PulteGroup, Inc. since September 8, 2016 and its President since Fe...


CEO Compensation Analysis

Compensation vs Market: Ryan's total compensation ($USD16.15M) is about average for companies of similar size in the US market ($USD13.34M).

Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: PHM's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: PHM's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PHM insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PulteGroup, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: PulteGroup, Inc.
  • Ticker: PHM
  • Exchange: NYSE
  • Founded: 1950
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: US$10.156b
  • Shares outstanding: 237.63m
  • Website: https://www.pultegroup.com

Number of Employees


Location

  • PulteGroup, Inc.
  • 3350 Peachtree Road NE
  • Suite 1500
  • Atlanta
  • Georgia
  • 30326
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.