The Latest Breaking News from PHM

While many expect the economy to soon slip into recession, a strong labor market and increasing consumer spending make certain consumer cyclical stocks attractive bets at their current price dips. Therefore, we think it could be wise to bet on quality consumer cyclical stocks Boyd Gaming (BYD), Carter's (CRI), Group…

PulteGroup Inc (NYSE:PHM) reported first-quarter FY22 total revenue growth of 16.8% year-over-year to $3.19 billion, beating the consensus of $3.07 billion. Home sale revenues $3.1 billion (+18%) and Financial Services revenue $84.14 million (-20.7% Y/Y). Home sales revenues were driven by an 18% Y/Y increase in average sales price to $508,000, as…

The housing market has been galloping since the onset of the COVID-19 pandemic thanks to the robust demand amid widespread adoption of remote working and ultra-low interest rates. And despite the Fed’s hawkish tilt, the housing market is expected to maintain this momentum. Thus, fundamentally sound housing stocks PulteGroup (PHM),…

Despite rising mortgage rates and supply chain disruptions, strong demand and lack of inventory are expected to keep the housing market red-hot this year. Therefore, homebuilding stocks D.R. Horton (DHI) and PulteGroup (PHM) should benefit in the upcoming months. But which of these stocks is a better buy now? Read…

As the economic recovery continues gaining pace, quality growth stocks should make a solid comeback. However, with growing geopolitical and interest rate increase concerns, not all growth stocks are good bets currently. We believe it could be worth betting on PulteGroup (PHM) and Box (BOX), which are expected to gain…

PulteGroup Inc (NYSE:PHM) reported fourth-quarter FY21 total revenue growth of 36.5% year-over-year to $4.36 billion, beating the consensus of $4.22 billion. Home sale revenues $4.22 billion (+38%) and Financial Services revenue $100.9 million (-4.8% Y/Y). Home sales revenues were driven by a 26% increase in closings to 8,611 homes and a 10% increase…

PulteGroup (NYSE:PHM) is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement. Analysts estimate that PulteGroup will likely report an Earnings Per Share (EPS) of $2.31.

Over the past three months, shares of PulteGroup (NYSE:PHM) increased by 6.86%. Before we understand the importance of debt, let us look at how much debt PulteGroup has.