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PulteGroup Inc Stock Research

PHM

55.96USD+1.34(+2.45%)Delayed

Market Summary

USD55.96+1.34
Delayed
2.45%

PHM Alerts

PHM Stock Price

PHM RSI Chart

PHM Valuation

Market Cap

12.6B

Price/Earnings (Trailing)

4.83

Price/Sales (Trailing)

0.78

EV/EBITDA

3.16

Price/Free Cashflow

22.74

PHM Price/Sales (Trailing)

PHM Profitability

EBT Margin

16.05%

Return on Equity

29.36%

Return on Assets

17.69%

Free Cashflow Yield

4.4%

PHM Fundamentals

PHM Revenue

Revenue (TTM)

16.2B

Revenue Y/Y

18.65%

Revenue Q/Q

31.13%

PHM Earnings

Earnings (TTM)

2.6B

Earnings Y/Y

33.01%

Earnings Q/Q

40.5%

Price Action

52 Week Range

35.0360.89
(Low)(High)

Last 7 days

-0.2%

Last 30 days

-4.8%

Last 90 days

16.1%

Trailing 12 Months

18.0%

PHM Financial Health

PHM Investor Care

Dividend Yield

1.09%

Dividend/Share (TTM)

0.61

Buy Backs (1Y)

9.42%

Diluted EPS (TTM)

11.01

Peers (Alternatives to PulteGroup)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.7B
33.7B
-4.22% 20.48%
5.93
1
16.58% 25.40%
18.6B
4.9B
-1.90% -11.92%
19.15
3.84
-2.46% -10.04%
17.9B
10.5B
2.36% 10.58%
10.37
1.7
17.60% 39.53%
12.6B
16.2B
-4.83% 17.99%
4.83
0.78
16.53% 34.48%
MID-CAP
7.0B
19.7B
-12.75% -30.01%
-4.6
0.35
-10.28% -185.19%
6.6B
10.3B
-3.95% 14.25%
5
0.65
13.82% 49.17%
4.0B
5.6B
-7.85% 14.86%
4.04
0.65
- 34.54%
3.1B
6.9B
-8.57% -3.63%
3.76
0.45
20.59% 44.61%
2.7B
5.7B
-7.50% -10.13%
4.79
0.47
8.82% -2.01%
2.5B
2.3B
-10.91% -11.25%
7.67
1.09
-24.45% -23.99%
SMALL-CAP
1.6B
4.1B
-5.07% 17.18%
3.31
0.39
10.29% 23.63%
1.5B
1.8B
-3.43% 43.53%
5.17
0.86
25.30% 53.46%
460.2M
2.3B
-9.42% -14.74%
2.19
0.2
6.55% 45.02%
446.0M
2.9B
-7.70% -4.12%
1.98
0.15
3.56% -62.90%
48.5M
37.8M
8.59% 1.92%
9.18
1.28
25.98% -64.49%

Financials for PulteGroup

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.3%16,22915,41614,95114,38513,927
  S&GA Expenses0.5%1,3811,3751,3451,2661,209
EBITDA0.0%2,4682,469---
EBITDA Margin-3.8%0.17*0.17*---
Earnings Before Taxes-2,400----
EBT Margin-3.8%0.16*0.17*---
Net Income9.1%2,6172,3982,2462,0971,946
Net Income Margin3.7%0.16*0.16*0.15*0.15*-
Free Cahsflow1203.5%55643.00571946-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.1%14,79714,21213,70013,16413,353
    Cash Equivalents355.3%1,0532316631,1451,779
Liabilities-2.7%5,8826,0485,9555,7515,863
Shareholder's Equity9.2%8,9148,1647,7457,4137,490
  Retained Earnings33.0%5,5824,196---
  Additional Paid-In Capital1.2%3,3303,291---
Shares Outstanding-2.2%226231236246249
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations340.2%6681526741,0351,004
  Share Based Compensation-10.1%43.0048.0045.0042.0037.00
Cashflow From Investing10.7%-171-192-199-144-124
Cashflow From Financing4.4%-1,235-1,292-1,463-1,322-1,678
  Dividend Payments-1.1%144146147148148
  Buy Backs-14.6%1,0751,2581,3381,244897

Risks for PHM

What is the probability of a big loss on PHM?

71.2%


Probability that PulteGroup stock will be more than 20% underwater in next one year

49.2%


Probability that PulteGroup stock will be more than 30% underwater in next one year.

19.2%


Probability that PulteGroup stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PHM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PulteGroup was unfortunately bought at previous high price.

Drawdowns

Returns for PHM

Cumulative Returns on PHM

11.6%


10-Year Cumulative Returns

18.4%


7-Year Cumulative Returns

14.4%


5-Year Cumulative Returns

22.5%


3-Year Cumulative Returns

What are the long-term rolling returns for PHM?

FIve years rolling returns for PulteGroup.

Annualized Returns

Which funds bought or sold PHM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
8.54
13,943,300
57,813,300
0.06%
2023-03-06
Rockefeller Capital Management L.P.
added
58.48
511,000
1,062,000
-%
2023-03-01
Regal Investment Advisors LLC
added
33.64
155,294
405,294
0.04%
2023-02-28
Voya Investment Management LLC
added
0.76
906,080
4,958,080
0.01%
2023-02-27
ST GERMAIN D J CO INC
new
-
30,960
30,960
0.01%
2023-02-24
National Pension Service
unchanged
-
1,123,260
6,920,470
0.01%
2023-02-24
NATIXIS
sold off
-100
-6,349,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-18.6
-205,000
17,336,000
0.18%
2023-02-22
CVA Family Office, LLC
added
222
18,724
25,724
0.01%
2023-02-21
KB FINANCIAL PARTNERS, LLC
unchanged
-
-
2,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying PHM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PHM
No. of Funds

PulteGroup News

Zacks Investment Research

Will PulteGroup's (PHM) Strategy Boost Orders & Backlog?.

Zacks Investment Research,
36 minutes ago

Investor's Business Daily

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Schedule 13G FIlings of PulteGroup

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.62%
26,471,182
SC 13G/A
Jan 31, 2023
state street corp
4.44%
10,116,250
SC 13G/A
Jan 25, 2023
blackrock inc.
8.7%
19,858,568
SC 13G/A
Feb 10, 2022
vanguard group inc
10.86%
27,486,675
SC 13G/A
Feb 10, 2022
state street corp
5.17%
13,097,461
SC 13G
Jan 31, 2022
blackrock inc.
9.7%
24,497,350
SC 13G/A
Feb 10, 2021
vanguard group inc
10.71%
28,719,475
SC 13G/A
Feb 08, 2021
blackrock inc.
8.9%
23,740,708
SC 13G/A
Feb 12, 2020
vanguard group inc
11.37%
30,820,213
SC 13G/A
Feb 10, 2020
blackrock inc.
8.1%
21,910,394
SC 13G/A

PHM Fair Value

PulteGroup fair value in different scenarios

The table shows the Fair Value estimates for PulteGroup for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

169.54

202.97%

222.18

297.03%

331.45

492.30%

445.08

695.35%

510.93

813.03%
Current Inflation

155.81

178.43%

200.97

259.13%

293.37

424.25%

389.20

595.50%

444.01

693.44%
Very High Inflation

138.89

148.20%

175.36

213.37%

248.53

344.12%

324.26

479.45%

366.79

555.45%

Historical PulteGroup Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of PulteGroup

View All Filings
Date Filed Form Type Document
Mar 03, 2023
4
Insider Trading
Mar 02, 2023
144
Notice of Insider Sale Intent
Feb 15, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
4
Insider Trading
Feb 06, 2023
4
Insider Trading
Feb 06, 2023
4
Insider Trading
Feb 06, 2023
4
Insider Trading
Feb 06, 2023
10-K
Annual Report
Feb 06, 2023
4
Insider Trading

Latest Insider Trading transactions for PHM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
Sheldon Todd N
sold
-861,204
53.832
-15,998
evp, gen counsel, corp sec'y
2023-02-14
Chadwick John J.
sold
-1,688,420
56.626
-29,817
exec vp & chief operating ofcr
2023-02-06
O'Meara Brien P.
sold (taxes)
-72,299
59.02
-1,225
vice president & controller
2023-02-06
Sheldon Todd N
sold (taxes)
-239,267
59.02
-4,054
evp, gen counsel, corp sec'y
2023-02-06
Hairston Michelle H.
sold (taxes)
-112,197
59.02
-1,901
senior vice president - hr
2023-02-06
MARSHALL RYAN
sold (taxes)
-1,794,330
59.02
-30,402
chief exec officer, president
2023-02-06
OShaughnessy Robert
sold (taxes)
-524,452
59.02
-8,886
exec. vp & cfo
2023-02-06
Chadwick John J.
sold (taxes)
-391,303
59.02
-6,630
exec vp & chief operating ofcr
2023-02-02
O'Meara Brien P.
sold
-295,455
60.003
-4,924
vice president & controller
2023-02-01
Chadwick John J.
acquired
-
-
57,424
exec vp & chief operating ofcr

1–10 of 50

Ryan R. Marshall
6180
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2021, it controlled 228,296 lots, of which 109,078 were owned and 119,218 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. PulteGroup, Inc. was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. The company was founded in 1950 and is headquartered in Atlanta, Georgia.

PHM Income Statement

2022-09-30
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Total revenues$ 3,943,816$ 3,479,050$ 11,057,617$ 9,568,324
Homebuilding Cost of Revenues:    
Selling, general, and administrative expenses(350,112)(320,506)(1,030,391)(864,478)
Loss on debt retirement000(61,469)
Other expense, net(25,194)(4,750)(30,830)(8,011)
Income before income taxes811,277620,4022,275,7431,653,928
Income tax expense(183,349)(144,853)(540,657)(370,873)
Net income$ 627,928$ 475,549$ 1,735,086$ 1,283,055
Per share:    
Basic earnings (usd per share)$ 2.70$ 1.83$ 7.26$ 4.86
Diluted earnings (usd per share)2.691.827.224.85
Cash dividends declared (usd per share)$ 0.15$ 0.14$ 0.45$ 0.42
Number of shares used in calculation:    
Basic shares outstanding (shares)230,967258,147237,639261,854
Effect of dilutive securities (shares)1,3337521,240668
Diluted shares outstanding (shares)232,300258,899238,879262,522
Homebuilding    
Homebuilding Cost of Revenues:    
Cost of revenues$ (2,711,910)$ (2,490,557)$ (7,587,998)$ (6,857,517)
Financial Services    
Homebuilding Cost of Revenues:    
Financial Services expenses(45,323)(42,835)(132,655)(122,921)
Home sale revenues | Homebuilding    
Revenues:    
Revenues3,840,4493,324,48310,720,3649,156,371
Homebuilding Cost of Revenues:    
Cost of revenues(2,685,596)(2,443,074)(7,498,027)(6,754,204)
Land sale and other revenues | Homebuilding    
Revenues:    
Revenues30,65863,08597,626123,321
Homebuilding Cost of Revenues:    
Cost of revenues(26,314)(47,483)(89,971)(103,313)
Financial Services | Financial Services    
Revenues:    
Revenues72,70991,482239,627288,632
Homebuilding Cost of Revenues:    
Income before income taxes$ 27,514$ 48,639$ 108,181$ 166,442

PHM Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash and equivalents$ 231,301$ 1,779,088
Restricted cash60,09754,477
Total cash, cash equivalents, and restricted cash291,3981,833,565
House and land inventory11,773,0779,047,569
Land held for sale36,99729,276
Residential mortgage loans available-for-sale438,205947,139
Investments in unconsolidated entities158,08598,155
Other assets1,266,3601,110,966
Intangible assets138,571146,923
Deferred tax assets109,151139,038
Total assets14,211,84413,352,631
Liabilities:  
Accounts payable599,357621,168
Customer deposits979,528844,785
Deferred tax liabilities179,141165,519
Accrued and other liabilities1,587,4581,576,478
Financial Services debt338,190626,123
Revolving credit facility319,000 
Notes payable2,045,1672,029,043
Total liabilities6,047,8415,863,116
Shareholders' equity8,164,0037,489,515
Total liabilities and shareholders' equity$ 14,211,844$ 13,352,631