PulteGroup Stock News

ATLANTA--(BUSINESS WIRE)--PulteGroup (NYSE: PHM), one of the nation's largest homebuilders, continued to test innovative new technologies with the successful pilot of robotic-assisted construction. The test was conducted in the company's DiVosta community of TerraWalk at Babcock Ranch, America's first solar-powered town, representing the latest advancement in PulteGroup's ongoing efforts to adv...

High construction costs, rising mortgage rates, and looming tariffs are pressuring the stocks.

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable April 2, 2025, to shareholders of record at the close of business on March 18, 2025. About PulteGroup PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America's largest homebuilding companies with operations in m...

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) has partnered with The SkillPointe Foundation to launch a new $100,000 investment in scholarships that began last month for individuals of all backgrounds pursuing careers related to residential homebuilding and technology. In recognition of PulteGroup's 75th anniversary, the company expanded its investment in the “Build Your Future” SkillP...

Shares of several homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs.

Tariffs on lumber and other building materials increase the cost of construction, and consumers are likely to foot the bill.

PulteGroup, Inc. reported a strong Q4 with a 17.2% revenue increase, driven by higher home closings and average selling prices. Despite margin pressures, PulteGroup's administrative expenses improved significantly, contributing to strong income growth. New orders dipped slightly, but the value of these orders rose 4%, and the backlog remains robust at 10,153 homes valued at $6.5 billion.

PulteGroup Inc. (NYSE:PHM ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Robert O'Shaughnessy - Executive Vice President & Chief Financial Officer Ryan Marshall - President & Chief Executive Officer Jim Ossowski - Incoming Executive Vice President & Chief Financial Officer Conference Call Participants John Lovallo - UBS Carl Reichardt - BTIG Stephen Kim - Ev...