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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

Building Homes for Heroes pays off mortgage for ailing veteran, honors PulteGroup

Rhea-AI Summary
Building Homes for Heroes announced a special mortgage payoff for an Iraq War veteran with advanced cancer at its annual gala. The organization will pay the remaining mortgage for Mike Broderick, a retired Army captain. The gala also honored PulteGroup for their support and celebrated their partnership in providing homes to injured veterans. Building Homes for Heroes is on track to gift its 400th home with support from corporate donors including Lowe's, Advance Auto Parts, and JPMorgan Chase.
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PulteGroup expands Northeast Florida presence with announcement of two new communities in northern St. Johns County

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PulteGroup, a leading home builder, has purchased 963 acres in St. Johns County, Florida to develop The Landings, a master-planned community featuring Del Webb and Pulte Homes. The development will include up to 761 home sites for active adults and up to 588 home sites for families. Construction has already begun and the community is expected to open in 2025.
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PulteGroup Promotes Michelle Gregorec to Arizona Division President

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PulteGroup promotes Michelle Gregorec to president of its Arizona division
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PulteGroup Ranked #84 on 2023 Best Workplaces for Women™ List

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PulteGroup has been named one of the Best Workplaces for Women for the fourth consecutive year. The company earned the #84 spot on the 2023 list. PulteGroup is committed to providing resources and opportunities for women to grow and thrive in the male-dominated industry.
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PulteGroup Reports Third Quarter 2023 Financial Results

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PulteGroup reports Q3 2023 financial results with net income of $639 million, or $2.90 per share, an increase from the prior year. Home sale revenues increased 3% to $3.9 billion. Net new orders increased 43% to 7,065 homes with a value of $3.8 billion. Unit backlog totaled 13,547 homes with a value of $8.1 billion. The Company repurchased $300 million of common shares and retired $65 million of senior notes in the quarter. Debt-to-Capital ratio reduced to 16.5%.
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PulteGroup’s 80th Built to Honor® Home Awarded to U.S. Air Force Veteran in Houston

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PulteGroup's Built to Honor program delivers its 80th mortgage-free home to a U.S. Air Force veteran in Houston
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First-Time Homebuyers Undeterred by Rising Mortgage Interest Rates

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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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FAQ

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

The current stock price of Pultegroup (PHM) is $118.51 as of January 30, 2025.

What is the market cap of Pultegroup (PHM)?

The market cap of Pultegroup (PHM) is approximately 24.6B.

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

#474 Ranked by Market Cap
#1921 Ranked by Dividends

PHM Stock Data

24.62B
203.63M
0.7%
93.95%
2.36%
Residential Construction
Operative Builders
Link
United States of America
ATLANTA