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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.

News

Pulte and TechSee Win Silver in the 13th Annual Best in Biz Awards 2023

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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.
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PulteGroup’s First Quarter 2024 Earnings Release and Webcast Conference Call Scheduled for April 23, 2024

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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).
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Pulte Homes Unveils Latest Addition of Boston-Area Residences

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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.
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Del Webb Greenville Introduces 55+ Amenity-Rich Lifestyle to Upstate

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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.
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PulteGroup Announces Quarterly Cash Dividend of $0.20 Per Share

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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.
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PulteGroup Reports Fourth Quarter 2023 Financial Results

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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.
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PulteGroup, Inc. Announces $1.5 Billion Increase to Share Repurchase Authorization

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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.
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Del Webb Rocking K Announces Grand Opening

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Del Webb, a leading builder of active adult communities, is opening a new resort-style community in Tucson, Arizona. The community, Del Webb Rocking K, will feature 625 single-story homes with prices starting in the upper $300s. It will offer two unique home series, the Retreat Series and the Encore Series, with various amenities such as resort-style pool, pickleball courts, and scenic walking trails.
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PulteGroup’s Fourth Quarter 2023 Earnings Release and Webcast Conference Call Scheduled for January 30, 2024

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PulteGroup, Inc. (NYSE: PHM) will release its Q4 2023 financial results on January 30, 2024, followed by a conference call at 8:30 a.m. (ET). The call will be available via live audio webcast on the company's website.
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PulteGroup Announces Return to Salt Lake City, Utah Market

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PulteGroup, Inc. (NYSE: PHM) plans to reenter the Salt Lake City market after nearly two decades, with two new construction communities under its Pulte Homes brand, offering single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber. The communities are expected to grand open in early 2024, featuring 64 single-family homes and 114 townhomes at buildout. The single-family home community will offer eight floorplans ranging from 2,400 to 2,900+ square feet, while the townhome community will have four three-story attached home designs from 2,300 to 2400+ square feet. The communities are conveniently located near I-40, just 15 minutes outside of Park City, with stunning views of the Jordanelle Reservoir and Wasatch Mountain Range, and a robust amenity package including mountain bike and hiking trails, a golf park, ice skating rink, and multiple clubhouses.
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FAQ

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

The current stock price of Pultegroup (PHM) is $129.53 as of October 31, 2024.

What is the market cap of Pultegroup (PHM)?

The market cap of Pultegroup (PHM) is approximately 26.6B.

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.

Stock PHM logo
Pultegroup, Inc.

NYSE:PHM

PHM Rankings

#441 Ranked by Market Cap
#1980 Ranked by Dividends

PHM Stock Data

26.56B
205.08M
0.7%
94.42%
3.13%
Residential Construction
Operative Builders
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United States of America
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