|Bid||30.41 x 1000|
|Ask||30.42 x 1200|
|Day's Range||30.15 - 30.69|
|52 Week Range||20.64 - 33.04|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||8.55|
|Earnings Date||Apr 23, 2019|
|Forward Dividend & Yield||0.44 (1.57%)|
|1y Target Est||27.21|
Top stock NVR made a constructive move toward a new buy point after the homebuilder demolished earnings estimates.
In communities across the country, PulteGroup is incorporating eco-friendly practices into home building, offering long-term benefits to both consumers and the environment. Through the development and evaluation of innovative green initiatives, the Company is integrating new technologies that deliver greater energy efficiency, leverage green products, and put sustainability into every day practice at communities across the country. “Our goal is to offer consumers the powerful combination of quality, affordability, and sustainability,” said Ryan Marshall, PulteGroup president and CEO.
"Market volatility has picked up again over the past few weeks. Headlines highlight risks regarding interest rates, the Fed, China, house prices, auto sales, trade wars, and more. Uncertainty abounds. But doesn’t it always? I have no view on whether the recent volatility will continue for a while, or whether the market will be back […]
A recent survey by Del Webb, America’s leading builder of active adult communities, of men and women aged 50 and 60 finds that younger baby boomers and older Generation X are not planning to downsize with their next move. According to the survey, of the 57 percent of respondents who say they plan to move in the future, 65 percent prefer their next home to be either the same size (43 percent) or larger (22 percent) than their current home. The expectation of needing more space in their next home can also be seen in the clear majority (71 percent) of respondents planning to move who prefer a single-family home and those indicating they want three or more bedrooms (63 percent).
PulteGroup (PHM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ryan Marshall became the CEO of PulteGroup, Inc. (NYSE:PHM) in 2016. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business...
Embattled former MiMedx Group Chairman and CEO Parker "Pete" Petit is attempting to remain part of the company's leadership braintrust, nominating himself and two others for election to the company's board of directors.
“We expect the sector’s recent positive momentum to continue this earnings season,” says a J.P. Morgan analyst.
Pulte Mortgage announced today it is partnering with Finicity — a leading provider of real-time financial data access and insights, to provide its borrowers with a faster, simpler and more secure way to navigate the home financing process. Pulte Mortgage is a wholly-owned subsidiary of PulteGroup, Inc. (PHM) that finances new home construction for customers of Pulte Homes, Centex, Del Webb, DiVosta, and John Wieland Homes and Neighborhoods brands.
PulteGroup Inc NYSE:PHMView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for PHM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PHM. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PHM are favorable, with net inflows of $8.95 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PHM credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Falling mortgage rates could boost home builders, but the S&P 500 is in a consolidation as traders price in Fed rate cuts by year end.
All markets witness cycles of booms and busts. Right now though, housing market investors are being offered both at the same time. And there is an opportunity to build profits from these investment contradictions in PulteGroup (NYSE:PHM) and Zillow (NASDAQ:Z) by purchasing PHM stock and Z shares as a bullishly-hedged pairs play. Let me explain.Source: Shutterstock Housing stocks like PHM stock and Z stock are at the intersection of Main and Wall Street for investors. The fact is all of us need a roof over our heads. And with interest rates remaining at historically low levels, a U.S. economy still growing and a favorable, building millennial demographic -- supports for PHM stock and Z stock are in place. That's not to say there aren't risks for PulteGroup or Zillow. The economy, interest-rate policy, demographics and many other factors like wage growth, building costs and housing prices are always potentially challenged by less-helpful revisions which could impact PHM stock and Z shares.Nevertheless, off the price chart Wednesday was a good one for the housing market. Quarterly reports from homebuilders Lennar (NYSE:LEN) and KB Home (NYSE:KBH) offered up better-than-expected results and upbeat forecasts following a bit of weakness this past year. And on the price chart, the outlook for investors looks even more supportive using a hedged pairs play buying PHM stock's market-leading boom, alongside the current mini-bust, crisis in confidence in Z stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Housing Stock Pairs Buy 1: PHM StockHousing's intersections of Main and Wall Street is one thing for investors to think about. But on the price chart of PHM stock it's all about taking bullish action as intersecting or converging Fibonacci and trend-lines are setting up a big-time breakout!Wednesday's session saw shares of PulteGroup power higher and forge an initial breakout of a few layers of price intersecting resistance lines. By my count and looking at the daily chart of PHM stock, a move through $29.25 will complete the bulldozing of technical barriers. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos But I don't think investors need to wait on buying PHM for additional confirmation. As part of a pairs strategy, Wednesday's strong technical action looks promising enough to buy PHM stock today. Click to EnlargeI'd suggest an initial stop beneath the 200-day simple moving average in order to contain the long position's exposure off and on the price chart. But if all goes as planned, continued leadership and price momentum should find PHM rallying back towards its all-time-high of $34.59. Housing Stock Pairs Buy 2: Z StockUnlike PHM stock which is seeing a technical boom in its shares, right now Z stock is building a foundation of sorts after being torn-down the past few weeks from relative highs. My advice is to use this housing stock's relative weakness to your advantage and buy Zillow shares today.Much like PulteGroup's shares, there's sufficient technical evidence for purchasing Z stock. In this instance though, investors are buying a well-supported mini crisis in confidence in Zillow. Despite Wall Street's current jitters in Z stock, shares are in a solid testing position of bullish channel support, the 50% retracement level and last month's bullish earnings gap.For investors agreeable with this pairs strategy and buying Z stock to complete the package, I'd recommend an initial stop below $34.50. Similar to PHM stock this minimizes one's dollar and technical exposure without letting an opportunistic pullback turn uglier.And if all goes well and much like PulteGroup, a boom in Z stock prices off support inspired investor FOMO seems very reasonable and looks very profitable. Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Bond Funds to Buy for a Shift in Interest Rates * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains Compare Brokers The post Play the Housing Market Cycle With PHM Stock and Z Stock appeared first on InvestorPlace.
PulteGroup added 3.7 percent and Toll Brothers Inc. rose 3.3 percent. Lennar’s “solid” orders were “another sign of improving housing demand,” Zelman Associates wrote in a note to clients. Lennar reported new orders of 10,463 homes, a 24 percent increase, versus the company’s prior view of 9,700 to 10,000.
Homebuilding stocks, which fell deep into a bear market in 2018, have rebounded an impressive 17% the year, as measured by the SPDR S&P Homebuilders ETF (XHB). The once beaten-down sector has charged well ahead of the market, beating the S&P 500’s 12.5% gain year-to-date, on track for its best quarter in seven years. Investors and analysts say the rebound can be attributed to Fed-induced low mortgage rates and interest rates, per several articles including a CNBC column.
PulteGroup, Inc. (PHM) today announced that it will release its first quarter 2019 financial results before the market opens on Tuesday, April 23, 2019. The Company will hold a conference call to discuss its first quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup’s website.
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Goldman Sachs released the top 20 stocks that you should invest in. Yahoo Finance's Adam Shapiro, Julie Hyman, Jared Blikre, Brian Sozzi, and Akiko Fujita discuss.
Danielle Hale, Realtor.com Chief Economist, says “the first week of April is the best week to list” because “you’ll get a good price, but you’ll also get a lot of eyeballs and you’ll be less likely to have to lower your price to attract buyers.” Yahoo Finance’s Alexis Christoforous speaks to her.