Wedbush Has Negative Outlook for PulteGroup Q4 Earnings

PulteGroup, Inc. (NYSE:PHM) – Wedbush reduced their Q4 2025 earnings per share (EPS) estimates for PulteGroup in a research note issued on Tuesday, April 22nd. Wedbush analyst J. Mccanless now expects that the construction company will earn $3.15 per share for the quarter, down from their previous estimate of $3.55. Wedbush currently has a “Outperform” rating and a $135.00 target price on the stock. The consensus estimate for PulteGroup’s current full-year earnings is $12.32 per share. Wedbush also issued estimates for PulteGroup’s Q1 2026 earnings at $2.56 EPS and FY2026 earnings at $13.17 EPS.

A number of other analysts also recently commented on PHM. Citigroup dropped their price objective on PulteGroup from $146.00 to $119.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. The Goldman Sachs Group lowered their price objective on shares of PulteGroup from $140.00 to $124.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Barclays reduced their target price on shares of PulteGroup from $100.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday. Wells Fargo & Company dropped their price target on PulteGroup from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Finally, Oppenheimer decreased their target price on PulteGroup from $165.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.69.

PulteGroup Price Performance

Shares of NYSE:PHM opened at $102.88 on Thursday. The stock has a market cap of $20.83 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 0.29 and a beta of 1.44. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86. PulteGroup has a 12 month low of $88.07 and a 12 month high of $149.47. The stock’s 50 day moving average price is $101.44 and its 200 day moving average price is $115.25.

PulteGroup (NYSE:PHM) last released its earnings results on Tuesday, April 22nd. The construction company reported $2.57 EPS for the quarter, beating the consensus estimate of $2.47 by $0.10. The firm had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.86 billion. PulteGroup had a net margin of 17.18% and a return on equity of 24.43%. During the same quarter last year, the company earned $3.10 EPS.

PulteGroup announced that its board has initiated a stock repurchase program on Thursday, January 30th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the construction company to purchase up to 6.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

PulteGroup Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 0.86%. PulteGroup’s dividend payout ratio is 6.21%.

Insider Activity at PulteGroup

In other news, Director Brian P. Anderson sold 2,500 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.45, for a total transaction of $266,125.00. Following the completion of the sale, the director now owns 56,617 shares in the company, valued at approximately $6,026,879.65. This represents a 4.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Brien P. O’meara sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $106.40, for a total value of $372,400.00. Following the completion of the transaction, the vice president now directly owns 11,372 shares in the company, valued at $1,209,980.80. The trade was a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,191 shares of company stock valued at $2,256,367. 0.76% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Morse Asset Management Inc increased its stake in shares of PulteGroup by 26.2% in the third quarter. Morse Asset Management Inc now owns 9,735 shares of the construction company’s stock worth $1,397,000 after purchasing an additional 2,020 shares during the period. Aldebaran Financial Inc. boosted its position in shares of PulteGroup by 99.1% in the third quarter. Aldebaran Financial Inc. now owns 5,365 shares of the construction company’s stock valued at $770,000 after acquiring an additional 2,670 shares during the period. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of PulteGroup in the third quarter worth $234,000. World Investment Advisors LLC grew its stake in shares of PulteGroup by 21.8% in the third quarter. World Investment Advisors LLC now owns 9,515 shares of the construction company’s stock worth $1,366,000 after acquiring an additional 1,706 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in PulteGroup during the 3rd quarter valued at $732,000. Institutional investors own 89.90% of the company’s stock.

PulteGroup Company Profile

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, John Wieland Homes and Neighborhoods, and American West brand names.