PulteGroup Inc. ($PHM) Stock Forecast: Up 6.8% Today

What is PulteGroup Inc.?

PulteGroup, Inc. (PHM) is a home construction company that focuses on building and selling homes in the United States. The company is influenced by trends in the housing market and mortgage rates.

Why is PulteGroup Inc. going up?

PHM stock is up 6.8% on Jan 30, 2025 19:38

• PHM stock saw a significant increase for the following reasons:
• PulteGroup's Q4 earnings and revenues exceeded expectations, indicating a strong financial performance.
• Despite facing challenges like affordability issues and higher incentives affecting margins, the company delivered strong results.
• The Board of Directors' announcement of a large stock buyback plan bolstered investor confidence in the company's future.
• An increase in home sale revenues and backlog numbers demonstrated positive growth trends in the housing market, contributing to the optimistic outlook for PHM stock.

PHM Price Chart

PHM Technical Analysis

PHM News

PulteGroup's Q4 Earnings & Revenues Top, Net New Orders Down

PHM's fourth-quarter 2024 results reflect solid housing demand trends despite elevated mortgage rates. Tune in to learn about the stock's quarterly earnings.

https://www.zacks.com/stock/news/2407000/pultegroups-q4-earnings-revenues-top-net-new-orders-down

PulteGroup Q4: Strong Home Sales, Earnings Beat, Massive Stock Buyback Plan And More - PulteGroup ( NYSE:PHM )

PulteGroup's Q4 Home sale revenues rose 13% to $4.7 billion, backlog was 10,153 homes. Board of Directors approve a $1.5 billion increase to share buyback plan. PulteGroup, Inc.PHM shares are trading higher after the company reported fourth-quarter results.

https://www.benzinga.com/25/01/43336230/why-pultegroup-stocks-are-rising-in-premarket-today

PulteGroup ( PHM ) Q4 Earnings and Revenues Surpass Estimates

PulteGroup (PHM) delivered earnings and revenue surprises of 8.02% and 5.57%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2406384/pultegroup-phm-q4-earnings-and-revenues-surpass-estimates

PulteGroup to Report Q4 Earnings: What's in Store for the Stock?

PHM's fourth-quarter 2024 results are likely to reflect growth in home closings. Affordability challenges and higher incentives are likely to have impacted margins.

https://www.zacks.com/stock/news/2404391/pultegroup-to-report-q4-earnings-whats-in-store-for-the-stock

Trending Today

Ondo ($ONDO) Crypto Forecast: Down 5.2% Today

Align Technology Inc. ($ALGN) Stock Forecast: Down 5.0% Today

Jito ($JTO) Crypto Forecast: Up 19.4% Today

Hims & Hers Health Inc. ($HIMS) Stock Forecast: Down 19.7% Today

Avis Budget Group Inc. ($CAR) Stock Forecast: Down 5.3% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Up 10.6% Today

Alibaba Group Holding Limited ($BABA) Stock Forecast: Up 5.0% Today

Algorand ($ALGO) Crypto Forecast: Up 5.7% Today

Dollar Tree Inc. ($DLTR) Stock Forecast: Up 5.0% Today

Pinduoduo Inc. ($PDD) Stock Forecast: Up 5.1% Today

PulteGroup Inc. Price History

22.09.2024 - PHM Stock was down 7.8%

• The bearish movement in PHM today could be attributed to profit-taking by investors after the stock's significant outperformance over the past 10 years.
• Investors might be cautious ahead of PHM's Q3 earnings report, considering the higher expenses, which could impact the company's profitability.
• Despite the recent bearish movement, the effective land management and flexibility strategy could potentially support PHM's long-term growth prospects, making it a stock to watch for value investors.

22.09.2024 - PHM Stock was down 6.7%

• Despite PulteGroup surpassing estimates for Q3 earnings and revenues, the stock's decline suggests that market expectations may have been even higher.
• It is possible that the market had already factored in the revenue outperformance, leading to a sell-off after the financial results were released.
• Investor concerns may be tied to future growth prospects, despite the company's strong historical performance, reflected in its market outperformance over a decade.
• The market's response implies that investors are seeking more than just meeting or beating estimates, potentially looking for additional drivers for future stock appreciation.

23.07.2024 - PHM Stock was up 5.2%

• PHM stock saw a notable increase in value today.
• Lower US mortgage rates have had a positive impact on the housing market, benefiting companies like PulteGroup (PHM).
• Despite Director Lila Snyder selling shares, market sentiment towards PHM stock remained positive.
• The stock's bullish movement can be attributed to market stability and optimism regarding a potential rate cut by the Federal Reserve.

12.08.2024 - PHM Stock was up 5.3%

• Demonstrating superior performance compared to other construction companies and the market this year.
• The stock ended the most recent trading session on a high note, indicating a favorable trend.
• Historical data over the last ten years highlights strong returns from investing in PulteGroup (PHM), consistently outshining the market.
• Optimism among investors regarding potential rate cuts by the Fed is driving expectations of PulteGroup's stock hitting new highs, further supporting its bullish trajectory.

25.10.2024 - PHM Stock was up 3.7%

• Despite a 3.8% decrease since the last earnings report, PulteGroup's stock price has shown consistent growth over the past year, demonstrating resilience in the market.
• The stock price experienced a minor 1.22% decline in the current session, which is seen as a short-term fluctuation compared to the overall favorable performance of the company.
• Investor optimism regarding PulteGroup's future earnings projections could have contributed to the bullish trend witnessed in the stock today.
• The firm's robust performance in the past year combined with positive earnings forecasts might be fueling the upward momentum in PulteGroup's stock price.

22.09.2024 - PHM Stock was down 6.0%

• The market response to PulteGroup's elevated costs, despite revenue outperformance, may have prompted the bearish trend.
• Investors could be capitalizing on the stock's strong long-term performance by selling off shares, contributing to today's downward movement.
• A disparity between surpassing earnings expectations and the stock's decline could reflect uncertainties regarding future growth prospects.
• The market might be recalibrating following PulteGroup's recent market outperformance, potentially triggering a price correction.

19.11.2024 - PHM Stock was down 5.2%

• Strong performance by PulteGroup in the past decade potentially drove investors to take profits, resulting in a bearish movement in the stock today.
• Investors who had realized significant gains from PulteGroup's historical outperformance may have chosen to sell their positions, thereby contributing to the downward pressure on the stock.
• The market could be responding to the realization that PulteGroup's exceptional historical performance may not be sustainable in the current economic environment, prompting a sell-off of shares.

30.00.2025 - PHM Stock was up 3.3%

• PulteGroup (PHM) experienced a strong bullish movement today due to the following reasons:
• The company reported strong Q4 results with a 13% increase in home sale revenues to $4.7 billion, surpassing earnings and revenue estimates.
• The approval of a $1.5 billion increase to the share buyback plan by the Board of Directors signaled confidence in the company's future performance.
• Despite affordability challenges and higher incentives impacting margins, the growth in home closings and positive earnings surprises contributed to the bullish sentiment surrounding PulteGroup (PHM) today.

30.00.2025 - PHM Stock was up 6.8%

• PHM stock saw a significant increase for the following reasons:
• PulteGroup's Q4 earnings and revenues exceeded expectations, indicating a strong financial performance.
• Despite facing challenges like affordability issues and higher incentives affecting margins, the company delivered strong results.
• The Board of Directors' announcement of a large stock buyback plan bolstered investor confidence in the company's future.
• An increase in home sale revenues and backlog numbers demonstrated positive growth trends in the housing market, contributing to the optimistic outlook for PHM stock.

26.06.2024 - PHM Stock was up 5.9%

• PulteGroup's stock price surged on the back of strong earnings, consistently outperforming the market with an impressive average annual return over the past decade.
• The company's presence in Atlanta, a region witnessing population growth, has likely boosted investor confidence in the stock.
• Despite reservations among financial analysts, overall optimistic outlooks and increasing investor wealth have propelled PulteGroup's stock higher.
• Favorable conditions in the housing market and strategic positioning in high-growth markets such as Atlanta have been key drivers of the stock's upward movement.

05.07.2024 - PHM Stock was up 5.4%

• PulteGroup's stock benefited from the overall market optimism driven by expectations of a September rate cut by the Federal Reserve.
• The company's impressive performance over the past decade, outperforming the market by 11.15% annually, likely attracted investors seeking strong returns.
• The increase in short interest in PulteGroup indicates a growing interest from traders, potentially contributing to the bullish momentum.
• As part of the high ROE stocks favored in the market seeking rate cut clarity, PulteGroup stood out as a lucrative investment option, further boosting its stock price.

07.07.2024 - PHM Stock was down 5.1%

• The bearish movement in PHM stock today could be attributed to the insider sale of 28,993 shares by the Executive VP & CFO, which might have raised concerns among investors about the company's future prospects.
• Despite the potential gains from an expected Fed rate cut in September, PHM experienced a decline, indicating that other factors might be influencing the stock's performance.
• The rise in short interest for PHM, with 6.82 million shares sold short, could have added selling pressure on the stock, leading to the bearish movement.
• The focus on KB Home hitting a fresh high might have shifted investor attention away from PulteGroup, impacting its stock performance negatively today.