PHM · NYSE · Residential Construction

PulteGroup (PHM)

Builds U.S. homes for first-time, move-up, and active-adult buyers through specialized consumer brands.

$121.73
vs last close+2.76 (+2.32%)
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PulteGroup, Inc.PHM
Consumer Discretionary

Builds new homes across the United States for first-time, move-up, and active-adult buyers through Pulte Homes, Centex, Del Webb, DiVosta, and John Wieland. Revenue comes overwhelmingly from homebuilding, while captive mortgage, title, and insurance services support buyers; demand is tied to local housing conditions and mortgage availability.

Builds and sells new homes across the United States through Pulte Homes, Centex, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods. The portfolio spans first-time, move-up, and active-adult buyers, with single-family detached homes forming most closings.

Matches community locations, floor plans, amenities, and price points to local demand, while balancing built-to-order homes with speculative inventory. Homebuilding includes acquiring and developing land, securing entitlements, and overseeing construction performed largely by independent subcontractors. Pulte Mortgage and related subsidiaries provide mortgage banking, title, and insurance agency services mainly to its homebuyers.

Results depend on land availability and development approvals, construction labor and materials, local housing demand, and buyers' access to mortgage financing. Mortgage operations also rely on agency underwriting rules and secondary-market loan sales.

Company facts

CEORyan R. Marshall
ListedMar 17, 1980
ExchangeNYSE
HeadquartersAtlanta, GA
CountryUnited States
Employees6,506
CIK0000822416
ISINUS7458671010

Market cap$22.96B
EPS (ttm)$9.74
P/E (ttm)12.21
ROE14.7%
P/B1.76
P/S1.40
Dividend yieldDiv yield0.87%
Beta0.94vs XLY 0.97

Price target$145.00+21.9%Average of 44 analysts
ConsensusHold21 of 44 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026Truist FinancialTarget
Target: $150
Target: $136
Sep 11, 2026Wells FargoReiterate
Rating: Target: $140
Rating: OverweightTarget: $145
Aug 24, 2026Wolfe ResearchUpgrade
Rating: Peer PerformTarget: $129
Rating: OutperformTarget: $158
Jul 23, 2026UBSReiterate
Rating: Target: $162
Rating: BuyTarget: $166
Jul 23, 2026RBC CapitalReiterate
Rating: Target: $115
Rating: Sector PerformTarget: $116

Next report
Oct 22, 26
in 30 days
EPS estimate
$2.66
Revenue estimate
$4.17B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$3.50$2.57$3.03$2.96$2.58$1.79$2.48Pending
Estimate$3.28$2.43$2.95$2.89$2.81$1.81$2.36$2.66
Surprise+6.7%+5.8%+2.7%+2.4%−8.2%−1.1%+5.1%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$4.92B$3.89B$4.40B$4.40B$4.61B$3.41B$3.98BPending
Estimate$4.64B$3.82B$4.38B$4.30B$4.33B$3.37B$3.94B$4.17B
Surprise+6.2%+1.9%+0.6%+2.4%+6.4%+1.0%+1.0%
Estimate$2.66
ReportedDue Oct 22, 2026
Estimate$4.17B
ReportedDue Oct 22, 2026
View details

Debt to equity17.70%
Current ratio526.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.48B$4.92B$3.89B$4.40B$4.40B$4.61B$3.41B$3.98B
Net income$697.9M$913.2M$522.8M$608.5M$585.8M$501.6M$347.0M$472.0M
Net margin15.6%18.6%13.4%13.8%13.3%10.9%10.2%11.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$891.5M$1.16B$671.9M$805.5M$761.3M$753.0M$440.4M$442.5M
YoY growth+7.8%+23.2%−17.2%−21.8%−14.6%−34.9%−34.5%−45.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.89B · Total debt $2.30B · Total assets $18.26B · Shareholders' equity $13.01B

Revenue
$3.98B
Operating income
$442.5M
Net income
$472.0M
View details

Dividend yield
0.87%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$1.04
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.22$0.22$0.22$0.22$0.26$0.26$0.26$0.26
Annual yield0.71%0.81%0.87%0.66%0.74%0.79%0.80%0.87%
Ex-dateDec 17Mar 18Jun 17Sep 16Dec 16Mar 17Jun 16Sep 15
Payment dateJan 3Apr 2Jul 2Oct 2Jan 6Apr 2Jul 2Oct 2
View details

Institutions96.03%180.01M shares
1,084 holders · as of Jun 30, 2026
Insiders0.64%1.21M shares
16 holders · as of Sep 11, 2026
Strategic holders5.87%11.01M shares
1 holder · as of Feb 14, 2024
Adds to102.54%

187.45M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 102.54%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.99%18.73Mas of Jun 30, 2026
Franklin Resources IncInstitution
8.30%15.56Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.65%12.46Mas of Jun 30, 2026
Putnam Investments, LLC. d/b/a/ Putnam InvestmentsStrategic
5.87%11.01Mfiled Feb 14, 2024
State Street CorpInstitution
4.89%9.17Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 27, 2026Matthew William Koartofficer: Exec. VP & COO−7,457$120.00
May 8, 2026Lila Snyderdirector−3,339$117.18
Feb 24, 2026Kevin A. Henryofficer: EVP and Chief People Officer−5,173$141.04
Feb 5, 2026Thomas J. Folliarddirector−37,000$134.04
Feb 6, 2026Brien P. O'Mearaofficer: Vice President & Controller−4,000$135.51
View details

  • D.R. Horton

    National builder rival across entry, move-up, land, and lending

  • Lennar

    National builder overlap across homes, active-adult, mortgage and title

  • NVR

    Direct East Coast homebuilding and captive mortgage overlap

  • Toll Brothers

    Luxury and active-adult homebuilding peer with financing overlap

  • KB Home

    Built-to-order builder overlapping first-time and move-up demand

  • Meritage Homes

    Entry-level builder overlap in Sun Belt markets and buyer financing

Compare

CompanyPriceChange
PulteGroup$121.73+2.32%$22.96B12.211.51.4−9.6%
D.R. Horton$143.34+2.94%$38.95B13.312.91.2+0.0%
Lennar$82.31+5.42%$19.39B14.816.70.6−9.0%
NVR$6,335.50+2.37%$16.71B16.116.41.8−10.6%
Toll Brothers$137.78+1.68%$12.67B10.910.11.2−9.7%
KB Home$48.60+1.54%$2.93B11.611.40.5−27.3%
Meritage Homes$65.80+2.25%$4.29B13.512.20.8−14.3%
Median13.412.51.0−10.2%