STOCK TITAN

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.

Rhea-AI Summary
PulteGroup (PHM) nominates Kristen Actis-Grande as a new independent director to its Board of Directors. Actis-Grande, currently the CFO of MSC Industrial Direct Co., Inc., brings extensive finance and industry expertise to PulteGroup. Her appointment awaits shareholder approval at the upcoming annual meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
management
-
Rhea-AI Summary
Pulte Homes announces the grand opening of Rookery Lane at Concord, a community offering single-family and attached homes in a historic locale near Boston. The homes feature upscale designs, premium finishes, and convenient access to amenities and outdoor activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
none
-
Rhea-AI Summary
PulteGroup partners with SPAN to enhance energy management in new homes, aiming for cost savings and grid efficiency. The collaboration focuses on providing high-quality energy solutions, exceeding building code requirements, and supporting all-electric homes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
partnership
Rhea-AI Summary
PulteGroup, Inc. (NYSE: PHM) partners with TechSee to enhance customer experience, winning Most Innovative Product of the Year - Enterprise award. The collaboration introduces cutting-edge technology for interactive live video sessions and augmented reality calls, streamlining customer support in home building.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
-
Rhea-AI Summary
PulteGroup, Inc. (NYSE: PHM) will release its first quarter 2024 financial results on April 23, 2024, followed by a conference call at 8:30 a.m. (ET). A live webcast will be accessible on the company's website. Call participants can dial (888) 440-6928 (conference ID 6106699).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
-
Rhea-AI Summary
Pulte Homes opens Rookery Lane at Concord, a Boston community with single-family and attached homes. The community offers upscale living in a historic locale with top-rated schools and cultural attractions. The homes feature spacious designs, high-end finishes, and convenient access to amenities and outdoor activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
Rhea-AI Summary
Del Webb Greenville announces the groundbreaking of its inaugural active adult community in South Carolina’s Upstate, featuring resort-style amenities and single-family, low-maintenance homes. The 209-acre community will offer 434 homes designed around ponds, green space, and scenic nature trails along the Reedy River shoreline, with a 9,000 square foot clubhouse, outdoor pool, and various sports facilities. The community aims to redefine 55-plus living in the Upstate region, offering a vibrant and engaging lifestyle experience for active adults.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
-
Rhea-AI Summary
PulteGroup, Inc. (PHM) declared a quarterly dividend of $0.20 per common share, payable on April 2, 2024, to shareholders of record on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
dividends
-
Rhea-AI Summary
PulteGroup, Inc. (NYSE: PHM) reported a net income of $3.28 per share for the fourth quarter of 2023, representing a 57% increase in net new orders and home sale revenues of $4.2 billion. The company also repurchased 3.6 million common shares for $300 million and ended the year with a cash balance of $1.8 billion and a debt-to-capital ratio of 15.9%. PulteGroup's strong financial results and optimistic outlook for 2024 reflect the potential for increased homebuying demand, driven by a strong job market, lower interest rates, and limited inventory of existing homes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
Rhea-AI Summary
PulteGroup, Inc. (PHM) has announced a $1.5 billion increase to its share repurchase authorization, bringing the total to $1.8 billion. The decision is based on the company's record earnings of $11.72 per share and cash flows of $2.2 billion in fiscal 2023. PulteGroup aims to continue returning excess funds to its shareholders, having already returned over $7.0 billion over the past decade through dividends and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
buyback

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
Link
United States of America
ATLANTA