PHM - PulteGroup, Inc.

NYSE - NYSE Delayed Price. Currency in USD
26.59
-0.26 (-0.97%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close26.85
Open26.96
Bid0.00 x 3200
Ask29.00 x 800
Day's Range26.34 - 26.97
52 Week Range20.64 - 35.21
Volume8,546,880
Avg. Volume6,950,463
Market Cap7.468B
Beta (3Y Monthly)0.70
PE Ratio (TTM)8.99
EPS (TTM)2.96
Earnings DateJan 29, 2019
Forward Dividend & Yield0.44 (1.54%)
Ex-Dividend Date2018-12-17
1y Target Est27.73
Trade prices are not sourced from all markets
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  • Markit14 hours ago

    See what the IHS Markit Score report has to say about PulteGroup Inc.

    # PulteGroup Inc ### NYSE:PHM View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for PHM with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 10. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PHM totaled $218 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Positive According 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, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. Although PHM credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.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.

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Granted, the pace of the growth has slowed, but the trend presently looks more like moderation in housing starts than a steep drop off in housing starts. Prior to nearly every recession in history, housing starts volume plummeted heading into the economic slowdown. * We are in a seller's market, but buyers are sticking around. The monthly supply of homes in the U.S. real estate market currently measures 7.4. That is up sharply from where the months supply has hovered over the past several years, and does indicate that we are in a seller's market (usually numbers below 5 indicate a buyer's market, while numbers above 7 indicate a seller's market). But, 7.4 months of supply is only slightly above 7. Leading into prior housing market collapses, that number has usually risen as high as at least 8, but usually 10 or higher. * Home ownership rates are low, and have room to move higher. Last quarter, the home ownership rate in the U.S. was below 65%. 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Falling mortgage rates increase home affordability, and increasing affordability usually sparks demand, especially against the backdrop of low unemployment, rising wages, and a high savings rate. * 7 Stocks to Buy as the Dollar Weakens Overall, the fundamentals underlying the housing market remain strong. Valuations on housing stocks are now anemic. That combination implies a solid opportunity to buy the dip in housing stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Housing Stocks Due for a Bounce: LGI Homes (LGIH) Source: Shutterstock One housing stock that looks really good here is LGI Homes (NASDAQ:LGIH). This is a stock which has fallen 30% off its recent highs and trades at a 20% discount to its "normal" valuation (10x trailing earnings, versus 12x average trailing P/E multiple). Yet, LGI just announced record December results that run contrary to the recent 30% decline and 20% valuation discount. As such, estimates and sentiment should move higher, providing a double tailwind for the stock through higher earnings and multiple expansion. Longer term, this is a healthy homebuilder with a history of sustained growth and broad exposure to the U.S. housing sector with operations in 26 markets and 16 states. So long as the housing market remains healthy, LGIH stock should head higher from here. ### Housing Stocks Due for a Bounce: Pulte Group (PHM) Source: Shutterstock Another housing stock that has been overly beaten up is Pulte Group (NYSE:PHM). Pulte Group is big (the nation's third largest homebuilder) with healthy geographic diversity (25 states and nearly 50 major markets) and demographic diversity (30% entry-level buyers, 30% move-up buyers, 15% luxury buyers, and 25% active adult buyers). Because of this broad exposure, Pulte Group truly moves with the U.S. economy. * 10 Growth Stocks With the Future Written All Over Them As stated before, the U.S. economy is actually doing just fine right now, and projects to be just fine for the foreseeable future. PHM stock is not priced for that. Not only has it fallen 20% off recent highs, but it's also trading at under 10x trailing earnings, versus an average trailing P/E multiple of over 12. Thus, so long as the economy continues to stabilize in 2019, PHM stock should rebound. ### Housing Stocks Due for a Bounce: NVR (NVR) Source: Jan Tik via Flickr A large housing stock which looks attractive on this dip is NVR (NYSE:NVR). NVR is a big homebuilder that operates in 14 sates and 31 metropolitan areas. The company's home building operations also span multiple income demographics. As such, given broad exposure to the housing market, stabilization in housing market fundamentals through an indefinite rate hike pause should propel NVR stock higher. If that does happen, NVR stock has plenty of room to run. NVR stock has fallen 30% off its recent highs. More than that, this stock normally trades around 20x trailing earnings. Today, it trades at just 15x trailing earnings. Thus, multiple expansion through improved sentiment could send shares materially higher. ### Housing Stocks Due for a Bounce: Lennar (LEN) Source: Shutterstock One housing stock which has been really beaten up is Lennar (NYSE:LEN). Much like the other homebuilders on this list, Lennar is big with healthy geographic and demographic diversity. But, LEN stock has been chopped down worse than most of its peers. As of this writing, the stock trades nearly 40% off recent highs. * Top 10 Global Stock Ideas for 2019 From RBC Capital This compression provides a big upside opportunity in 2019. If housing market fundamentals continue to stabilize, sentiment surrounding LEN stock will improve dramatically. That will lead to huge multiple expansion. Normally, LEN stock trades around 15x trailing earnings. Today, it trades at about half that level, around 8x trailing earnings. Thus, this stock could easily almost double from here if valuation simply reverts to the norm. ### Housing Stocks Due for a Bounce: D.R. Horton (DHI) Source: -v via Flickr (modified) The number one homebuilder in America by closings volume -- D.R. Horton (NYSE:DHI) -- also looks good on this dip. The fundamentals here are good. DHI is the biggest homebuilder in America and has been so for almost two decades. The company has broad geographic and demographic diversity, and controls dominant market share in rapidly expanding metro areas like Phoenix and Dallas Fort Worth. Fiscal 2018 was a good year, with healthy sales and closing growth and 20%-plus ROI. If these fundamentals persist in 2019 -- and they should -- then DHI stock will rebound in a big way. This stock is already more than 25% off its recent highs. It is also trading at just 10x trailing earnings, versus a five-year average trailing multiple of 15. Thus, multiple expansion and stabilized EPS forecasts could drive huge gains for DHI stock in 2019. ### Housing Stocks Due for a Bounce: KB Home (KBH) Source: Shutterstock The housing stock that was hit hardest in 2018 was KB Home (NYSE:KBH). Due to deterioration it its core operating results as a result of macroeconomic headwinds, KBH stock struggled throughout 2018. But, those macroeconomic headwinds are improving, and the company just reported fourth-quarter numbers that were largely better than expected and confirm a "less bad" macroeconomic backdrop. * 7 Oversold Small-Cap Stocks With Massive Profit Growth But KBH stock isn't priced for "less bad". It's priced for "more bad". 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Plus, 2019 EPS estimates have come down more than 10% in the past 90 days alone, implying that next year's numbers look beatable. Overall, successive EPS beats plus multiple expansion could drive huge gains for TOL stock in 2019. As of this writing, Luke Lango was long XHB, LGIH, KBH, and TOL. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 7 Beaten-Up Housing Stocks Due for a Bounce Back appeared first on InvestorPlace.

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  • Markit5 days ago

    See what the IHS Markit Score report has to say about PulteGroup Inc.

    # PulteGroup Inc ### NYSE:PHM View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * Bearish sentiment is low and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for PHM with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 10. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.69 billion over the last one-month into ETFs that hold PHM are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According 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, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. Although PHM credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.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.

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  • See what the IHS Markit Score report has to say about PulteGroup Inc.
    Markit26 days ago

    See what the IHS Markit Score report has to say about PulteGroup Inc.

    Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 21. Please send all inquiries related to the report to score@ihsmarkit.com.

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