Are Wall Street Analysts Predicting PulteGroup Stock Will Climb or Sink?

Atlanta, Georgia-based PulteGroup, Inc. (PHM) acquires and develops land to construct residential buildings. It offers various home designs, including single-family detached, townhomes, condominiums, and duplexes. With a market cap of $25.8 billion, PulteGroup operates through the Homebuilding and Financial Services segments.

The homebuilder has substantially outperformed the broader market over the past year. Over the past 52 weeks, PHM gained 54.6%, outpacing the S&P 500 Index’s ($SPX) 26.1% returns. In 2024, PHM is up 18.8% compared to SPX’s 16.5% gains on a YTD basis.