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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

First-Time Homebuyers Undeterred by Rising Mortgage Interest Rates

Rhea-AI Summary
First-time homebuyers undeterred by mortgage interest rates, 72% motivated by desire to stop renting or invest financially. 75% choose new construction for overall value. Higher rates impact decisions of 55%, resulting in smaller homes, fewer upgrades, and different locations. 95% use mortgage financing, 72% pay down payment through savings. Strong demand among first-time buyers positive for 2023. PulteGroup offers homes through Centex brand with favorable financing options.
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PulteGroup’s Third Quarter 2023 Earnings Release and Webcast Conference Call Scheduled for October 24, 2023

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PulteGroup to release Q3 2023 financial results on Oct 24, 2023
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PulteGroup Receives New $300,000 Commitment From Pulte Family Charitable Foundation to Support Built to Honor® Program

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PulteGroup receives $300,000 commitment from Pulte Family Charitable Foundation to support Built to Honor program.
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PulteGroup Announces Quarterly Cash Dividend of $0.16 Per Share

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PulteGroup declares quarterly dividend of $0.16 per share
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PulteGroup’s Built to Honor® Program Presents U.S. Army Veteran with Keys to New Mortgage-Free Home in Georgia

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PulteGroup's Built to Honor program celebrates 10 years of providing homes to veterans. U.S. Army Staff Sergeant Daniel Karafiat and his family receive a mortgage-free Centex home in Georgia. The home was delivered fully furnished. PulteGroup has delivered 78 new-construction homes nationwide over the past 10 years.
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Trading the Beach for Grandbabies? Del Webb Building New 55+ Communities to Satisfy Growing Demand for Retirees in the Midwest

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Del Webb - PR Highlights Benefits of Active Adult Lifestyle for Buyers Prioritizing Family Ties and Staying Close to Home
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PulteGroup Dedicates New Mortgage-Free Home in Southwest Florida to U.S. Army Veteran and Family

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PulteGroup (PHM) Donates Mortgage-Free Home to Injured Veteran; Celebrates 10th Anniversary of Built to Honor® Program
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PulteGroup Reports Second Quarter 2023 Financial Results

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PulteGroup, Inc. (NYSE: PHM) reported a net income of $720 million, or $3.21 per share, for the second quarter of 2023. Home sale revenues increased by 8% to $4.1 billion, with closings up 5% to 7,518 homes and an average sales price up 3% to $540,000. The company also saw a 29.6% home sale gross margin, a 24% increase in net new orders to 7,947 homes valued at $4.3 billion, and a unit backlog of 13,558 homes valued at $8.2 billion. PulteGroup repurchased $250 million of shares in the quarter.
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PulteGroup Celebrates the 10th Anniversary of its Built to Honor® Program, Recognizing and Thanking Our Nation';s Veterans

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PulteGroup Grand Opens First Communities in Greenville and Columbia, South Carolina

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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
ATLANTA