PHM Stock Recent News
PHM LATEST HEADLINES
PulteGroup CEO Ryan Marshall says it's estimated the U.S. ‘has a structural shortage of several million homes.”
Solid demand and prudent investment strategies are expected to aid PulteGroup (PHM) in the first quarter. Yet, lower ASP and higher expenses are likely to have weighed on quarterly results.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PulteGroup's (PHM) first-quarter results are likely to reflect higher rates, lower ASPs and high incentives. Yet, higher demand due to low existing homes in the market is a tailwind.
Get a deeper insight into the potential performance of PulteGroup (PHM) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Recently, Zacks.com users have been paying close attention to PulteGroup (PHM). This makes it worthwhile to examine what the stock has in store.
PulteGroup's (PHM) homebuilding brand, Del Webb, announces a new community in the Indianapolis area, which is expected to open in late spring 2025.
PulteGroup (PHM) concluded the recent trading session at $108.79, signifying a -1.89% move from its prior day's close.
Buyers of 10-year Treasury notes are betting the U.S. Federal Reserve is not finished raising interest rates. That's because the yield on the notes has kept rising even though Fed Chairman Jerome Powell has repeatedly and strongly suggested that the central bank is done raising rates.
In the latest trading session, PulteGroup (PHM) closed at $115.05, marking a -1.12% move from the previous day.