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Pultegroup, Inc. - PHM STOCK NEWS

Welcome to our dedicated page for Pultegroup news (Ticker: PHM), a resource for investors and traders seeking the latest updates and insights on Pultegroup stock.

PulteGroup, Inc. (symbol: PHM) is a leading homebuilder in the United States, renowned for its innovative home designs and commitment to customer satisfaction. The company specializes in building single-family detached homes, catering to a diverse range of buyers including entry-level, move-up, and active-adult segments.

PulteGroup operates through two primary segments: Homebuilding and Financial Services. The Homebuilding segment includes the acquisition and development of land for residential purposes, as well as the construction of homes. The Financial Services segment offers mortgage financing, title, and insurance services, adding a comprehensive benefit for homebuyers.

Recent achievements highlight PulteGroup’s dedication to excellence, winning more awards for customer satisfaction than any other homebuilder. The company’s current projects emphasize sustainability and modern living, integrating energy-efficient materials and smart home technologies.

With a stable financial condition, PulteGroup continues to invest in strategic land acquisitions and innovative home designs. The company maintains strong partnerships with suppliers and contractors, ensuring quality and reliability in every home they build.

For those seeking to stay updated with the latest news and developments related to PulteGroup, visiting our news section will provide comprehensive and timely updates.

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PulteGroup, Inc. (NYSE: PHM) will present at the J.P. Morgan 17th Annual Homebuilding & Building Products Conference on May 14, 2024. Interested investors can access the webcast on the company's website.

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PulteGroup, Inc. (NYSE: PHM) has declared a quarterly cash dividend of $0.20 per common share, payable on July 2, 2024. The dividend is for shareholders of record on June 18, 2024.

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PulteGroup, Inc. (PHM) reported a strong first quarter for 2024 with a 32% increase in earnings to $3.10 per share, a 10% rise in home sale revenues to $3.8 billion, an 11% increase in closings to 7,095 homes, and a 50 basis points increase in home sale gross margin to 29.6%. The Company also saw a 14% increase in net new orders to 8,379 homes and ended the quarter with a backlog of 13,430 homes valued at $8.2 billion. PulteGroup repurchased $246 million of common shares and ended the quarter with a cash position of $1.8 billion.
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Del Webb announces the upcoming arrival of Finch Creek by Del Webb in the desirable Noblesville area northeast of Indianapolis. Scheduled for a grand opening in Spring 2025, the community will offer 675 residences with prices starting in the mid-$300s. Residents will enjoy a vibrant Del Webb community with a state-of-the-art fitness center, sports courts, walking trails, and more. The community also provides easy access to shopping, dining, entertainment options, and various recreational facilities.
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Del Webb, a leading builder of active adult communities, announced the opening of Sagebriar in Greenwood, Indianapolis. The community will offer single-story ranch-style homes with resort-style amenities, set to open in late spring 2025. Sagebriar will feature a clubhouse, fitness center, pool, and various outdoor activities, catering to residents aged 55 and older. The location provides easy access to downtown Indianapolis and local attractions.
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PulteGroup appoints Brian Fogarty as president of Colorado division, bringing 20 years of real estate development experience to lead homebuilding operations in Denver. Fogarty's expertise in strategy and land acquisition will enhance customer experience.
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Del Webb announces the opening of Del Webb at Legacy Hills, a new active adult community in Celina, Dallas. The community offers ranch-style homes, park access, and proximity to shopping and dining. Buyers can choose from 12 home designs across three collections.
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Pulte Homes introduces Wheelock Farm, a luxury home community in Norton, MA, offering 44 homes on one-acre wooded lots. The homes feature modern designs, spacious layouts, and high-end amenities, starting at $1M+. The community provides a perfect blend of tranquility and accessibility, with easy access to local amenities and major cities like Boston and Providence.
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PulteGroup (PHM) has been named to the Fortune 100 Best Companies to Work For® for the fourth consecutive year, ranking 43. The company's commitment to a rewarding and inclusive work environment is highlighted, with high employee satisfaction rates and a strong workplace culture.
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PulteGroup Inc. (PHM) presents 2024 design and color trends for homebuilding, emphasizing authentic materials, sustainability, highly textured elements, new-traditional styling, and vibrant colors. The company's Interior Design Team recommends using clay, stone, wood, upcycled materials, textured accents, and matte finishes to create a modern and luxurious living space.
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FAQ

What is the current stock price of Pultegroup (PHM)?

The current stock price of Pultegroup (PHM) is $110.52 as of December 20, 2024.

What is the market cap of Pultegroup (PHM)?

The market cap of Pultegroup (PHM) is approximately 22.5B.

What types of homes does PulteGroup build?

PulteGroup builds single-family detached homes, catering to entry-level, move-up, and active-adult buyers.

What services does PulteGroup offer besides homebuilding?

Besides homebuilding, PulteGroup offers mortgage financing, title, and insurance services through its Financial Services segment.

Has PulteGroup received any awards?

Yes, PulteGroup has won more awards for customer satisfaction than any other homebuilder.

What is PulteGroup's approach to home design?

PulteGroup focuses on innovative home designs using energy-efficient materials and smart home technologies.

How does PulteGroup ensure the quality of their homes?

PulteGroup maintains strong partnerships with suppliers and contractors to ensure quality and reliability in every home they build.

What is included in PulteGroup's Financial Services segment?

The Financial Services segment includes mortgage financing, title services, and insurance agency services.

What kind of buyers does PulteGroup cater to?

PulteGroup caters to entry-level, move-up, and active-adult buyers.

How can I stay updated on PulteGroup’s latest news?

You can stay updated by visiting the news section on their website for comprehensive and timely updates.

What are PulteGroup's recent projects focused on?

PulteGroup's recent projects are focused on sustainability and modern living.

What is PulteGroup’s ticker symbol?

PulteGroup's ticker symbol is PHM.

Pultegroup, Inc.

NYSE:PHM

PHM Rankings

PHM Stock Data

22.45B
203.63M
0.7%
94.48%
2.35%
Residential Construction
Operative Builders
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United States of America
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