Market Summary
USD55.96+1.34
Delayed2.45%
PHM Stock Price
PHM RSI Chart
PHM Valuation
PHM Price/Sales (Trailing)
PHM Profitability
PHM Fundamentals
PHM Revenue
PHM Earnings
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
Peers (Alternatives to PulteGroup)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DHI | 33.7B | 33.7B | -4.22% | 20.48% | 5.93 | 1 | 16.58% | 25.40% |
GRMN | 18.6B | 4.9B | -1.90% | -11.92% | 19.15 | 3.84 | -2.46% | -10.04% |
NVR | 17.9B | 10.5B | 2.36% | 10.58% | 10.37 | 1.7 | 17.60% | 39.53% |
PHM | 12.6B | 16.2B | -4.83% | 17.99% | 4.83 | 0.78 | 16.53% | 34.48% |
| MID-CAP | ||||||||
WHR | 7.0B | 19.7B | -12.75% | -30.01% | -4.6 | 0.35 | -10.28% | -185.19% |
TOL | 6.6B | 10.3B | -3.95% | 14.25% | 5 | 0.65 | 13.82% | 49.17% |
MTH | 4.0B | 5.6B | -7.85% | 14.86% | 4.04 | 0.65 | - | 34.54% |
KBH | 3.1B | 6.9B | -8.57% | -3.63% | 3.76 | 0.45 | 20.59% | 44.61% |
MDC | 2.7B | 5.7B | -7.50% | -10.13% | 4.79 | 0.47 | 8.82% | -2.01% |
LGIH | 2.5B | 2.3B | -10.91% | -11.25% | 7.67 | 1.09 | -24.45% | -23.99% |
| SMALL-CAP | ||||||||
MHO | 1.6B | 4.1B | -5.07% | 17.18% | 3.31 | 0.39 | 10.29% | 23.63% |
GRBK | 1.5B | 1.8B | -3.43% | 43.53% | 5.17 | 0.86 | 25.30% | 53.46% |
BZH | 460.2M | 2.3B | -9.42% | -14.74% | 2.19 | 0.2 | 6.55% | 45.02% |
HOV | 446.0M | 2.9B | -7.70% | -4.12% | 1.98 | 0.15 | 3.56% | -62.90% |
CHCI | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 5.3% | 16,229 | 15,416 | 14,951 | 14,385 | 13,927 |
| S&GA Expenses | 0.5% | 1,381 | 1,375 | 1,345 | 1,266 | 1,209 |
| EBITDA | 0.0% | 2,468 | 2,469 | - | - | - |
| EBITDA Margin | -3.8% | 0.17* | 0.17* | - | - | - |
| Earnings Before Taxes | - | 2,400 | - | - | - | - |
| EBT Margin | -3.8% | 0.16* | 0.17* | - | - | - |
| Net Income | 9.1% | 2,617 | 2,398 | 2,246 | 2,097 | 1,946 |
| Net Income Margin | 3.7% | 0.16* | 0.16* | 0.15* | 0.15* | - |
| Free Cahsflow | 1203.5% | 556 | 43.00 | 571 | 946 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.1% | 14,797 | 14,212 | 13,700 | 13,164 | 13,353 |
| Cash Equivalents | 355.3% | 1,053 | 231 | 663 | 1,145 | 1,779 |
| Liabilities | -2.7% | 5,882 | 6,048 | 5,955 | 5,751 | 5,863 |
| Shareholder's Equity | 9.2% | 8,914 | 8,164 | 7,745 | 7,413 | 7,490 |
| Retained Earnings | 33.0% | 5,582 | 4,196 | - | - | - |
| Additional Paid-In Capital | 1.2% | 3,330 | 3,291 | - | - | - |
| Shares Outstanding | -2.2% | 226 | 231 | 236 | 246 | 249 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 340.2% | 668 | 152 | 674 | 1,035 | 1,004 |
| Share Based Compensation | -10.1% | 43.00 | 48.00 | 45.00 | 42.00 | 37.00 |
| Cashflow From Investing | 10.7% | -171 | -192 | -199 | -144 | -124 |
| Cashflow From Financing | 4.4% | -1,235 | -1,292 | -1,463 | -1,322 | -1,678 |
| Dividend Payments | -1.1% | 144 | 146 | 147 | 148 | 148 |
| Buy Backs | -14.6% | 1,075 | 1,258 | 1,338 | 1,244 | 897 |
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 ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
PulteGroup News
Schedule 13G FIlings of PulteGroup
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2022-09-30Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 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 retirement | 0 | 0 | 0 | (61,469) |
| Other expense, net | (25,194) | (4,750) | (30,830) | (8,011) |
| Income before income taxes | 811,277 | 620,402 | 2,275,743 | 1,653,928 |
| 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) | 2.69 | 1.82 | 7.22 | 4.85 |
| Cash dividends declared (usd per share) | $ 0.15 | $ 0.14 | $ 0.45 | $ 0.42 |
| Number of shares used in calculation: | ||||
| Basic shares outstanding (shares) | 230,967 | 258,147 | 237,639 | 261,854 |
| Effect of dilutive securities (shares) | 1,333 | 752 | 1,240 | 668 |
| Diluted shares outstanding (shares) | 232,300 | 258,899 | 238,879 | 262,522 |
| 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: | ||||
| Revenues | 3,840,449 | 3,324,483 | 10,720,364 | 9,156,371 |
| 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: | ||||
| Revenues | 30,658 | 63,085 | 97,626 | 123,321 |
| Homebuilding Cost of Revenues: | ||||
| Cost of revenues | (26,314) | (47,483) | (89,971) | (103,313) |
| Financial Services | Financial Services | ||||
| Revenues: | ||||
| Revenues | 72,709 | 91,482 | 239,627 | 288,632 |
| Homebuilding Cost of Revenues: | ||||
| Income before income taxes | $ 27,514 | $ 48,639 | $ 108,181 | $ 166,442 |
PHM Balance Sheet
2022-09-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
|---|---|---|
| ASSETS | ||
| Cash and equivalents | $ 231,301 | $ 1,779,088 |
| Restricted cash | 60,097 | 54,477 |
| Total cash, cash equivalents, and restricted cash | 291,398 | 1,833,565 |
| House and land inventory | 11,773,077 | 9,047,569 |
| Land held for sale | 36,997 | 29,276 |
| Residential mortgage loans available-for-sale | 438,205 | 947,139 |
| Investments in unconsolidated entities | 158,085 | 98,155 |
| Other assets | 1,266,360 | 1,110,966 |
| Intangible assets | 138,571 | 146,923 |
| Deferred tax assets | 109,151 | 139,038 |
| Total assets | 14,211,844 | 13,352,631 |
| Liabilities: | ||
| Accounts payable | 599,357 | 621,168 |
| Customer deposits | 979,528 | 844,785 |
| Deferred tax liabilities | 179,141 | 165,519 |
| Accrued and other liabilities | 1,587,458 | 1,576,478 |
| Financial Services debt | 338,190 | 626,123 |
| Revolving credit facility | 319,000 | |
| Notes payable | 2,045,167 | 2,029,043 |
| Total liabilities | 6,047,841 | 5,863,116 |
| Shareholders' equity | 8,164,003 | 7,489,515 |
| Total liabilities and shareholders' equity | $ 14,211,844 | $ 13,352,631 |