|Bid||0.00 x 1000|
|Ask||36.20 x 900|
|Day's range||33.99 - 35.06|
|52-week range||17.12 - 47.37|
|Beta (5Y monthly)||1.34|
|PE ratio (TTM)||9.18|
|Forward dividend & yield||0.48 (1.37%)|
|Ex-dividend date||11 Jun 2020|
|1y target est||N/A|
Revival of housing demand amid COVID-19 woes and focus on high-growth core markets are set to further drive TRI Pointe Group's (TPH) growth.
PulteGroup (PHM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 4.7% annual gain in April.
PulteGroup (PHM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The homebuilding sector has suffered a lot amid COVID-19 and is likely to see meaningful sales and price decline ahead. However, credit conditions and valuations are cheaper.
The most recent housing market data was, frankly, just awful. Reports from the U.S. Census Bureau, the Department of Housing and Urban Development (HUD), and the National Association of Realtors (NAR) revealed updated data through the end of March 2020. Yes, several real estate industry insiders think the conditions reflected in that ugly data may actually be good for homebuilders like D.R. Horton (NYSE: DHI) and PulteGroup (NYSE: PHM), as well as realtors like Zillow Group (NASDAQ: Z)(NASDAQ: ZG), and home improvement stores like Home Depot (NYSE: HD) and Lowe's (NYSE: LOW).
J.P. Morgan analyst Michael Rehaut maintained a Hold rating on Pultegroup on Tuesday, setting a price target of $28, which is approximately 6.29% below the present share price of $29.88.
The PulteGroup said Monday that weekly home orders have almost tripled since the end of March — but it wasn’t enough to save jobs.
Shares of residential homebuilders D.R. Horton (NYSE: DHI), Lennar (NYSE: LEN), and PulteGroup (NYSE: PHM) rose more than 25% in April, according to data provided by S&P Global Market Intelligence. Horton's share price improved the most, jumping 38.9% during the month. Lennar saw its shares rise 31.1%, while PulteGroup trailed with a 26.7% gain.
The COVID-19 crisis has ruined what was set to be the best year for housing in over a decade. The economy was strong, inventory was lean, margins were high, and demographics were on the builders' side.
PulteGroup (NYSE:PHM) shareholders are no doubt pleased to see that the share price has bounced 36% in the last month...
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index rose for the sixth straight month but it's unclear what direction home prices will go due to CoVID-19.
To the annoyance of some shareholders, PulteGroup (NYSE:PHM) shares are down a considerable 39% in the last month...
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see PulteGroup...