Q1 Earnings Forecast for PulteGroup Issued By Zacks Research

PulteGroup, Inc. (NYSE:PHM) – Research analysts at Zacks Research cut their Q1 2026 EPS estimates for shares of PulteGroup in a note issued to investors on Tuesday, May 6th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings of $2.32 per share for the quarter, down from their previous forecast of $2.77. The consensus estimate for PulteGroup’s current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup’s Q2 2026 earnings at $3.20 EPS, FY2026 earnings at $12.13 EPS, Q1 2027 earnings at $2.73 EPS and FY2027 earnings at $13.56 EPS.

PulteGroup (NYSE:PHM) last announced its quarterly earnings results on Tuesday, April 22nd. The construction company reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the company posted $3.10 earnings per share.

Several other research analysts have also recently commented on the company. Bank of America cut their price target on PulteGroup from $135.00 to $134.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. UBS Group cut their target price on PulteGroup from $151.00 to $141.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. Evercore ISI increased their target price on PulteGroup from $161.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, April 23rd. The Goldman Sachs Group decreased their price target on shares of PulteGroup from $140.00 to $124.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. Finally, Barclays dropped their target price on PulteGroup from $100.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 23rd. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $134.69.

PulteGroup Stock Performance

PulteGroup stock opened at $102.57 on Friday. The firm has a market capitalization of $20.56 billion, a PE ratio of 6.97, a price-to-earnings-growth ratio of 0.29 and a beta of 1.37. PulteGroup has a one year low of $88.07 and a one year high of $149.47. The stock’s 50 day moving average price is $101.13 and its 200 day moving average price is $112.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.86 and a current ratio of 0.86.

Institutional Investors Weigh In On PulteGroup

Several hedge funds and other institutional investors have recently bought and sold shares of PHM. Richardson Financial Services Inc. lifted its holdings in shares of PulteGroup by 16.7% in the fourth quarter. Richardson Financial Services Inc. now owns 622 shares of the construction company’s stock valued at $68,000 after purchasing an additional 89 shares in the last quarter. Premier Path Wealth Partners LLC increased its stake in shares of PulteGroup by 3.8% in the fourth quarter. Premier Path Wealth Partners LLC now owns 2,572 shares of the construction company’s stock worth $280,000 after purchasing an additional 95 shares in the last quarter. Meridian Wealth Management LLC lifted its position in shares of PulteGroup by 0.7% during the fourth quarter. Meridian Wealth Management LLC now owns 13,224 shares of the construction company’s stock worth $1,440,000 after acquiring an additional 95 shares in the last quarter. Fidelis Capital Partners LLC boosted its stake in PulteGroup by 2.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,384 shares of the construction company’s stock worth $479,000 after purchasing an additional 103 shares during the period. Finally, TD Waterhouse Canada Inc. grew its stake in PulteGroup by 43.0% during the fourth quarter. TD Waterhouse Canada Inc. now owns 349 shares of the construction company’s stock valued at $38,000 after acquiring an additional 105 shares in the last quarter. 89.90% of the stock is owned by institutional investors.

Insider Activity at PulteGroup

In other PulteGroup news, EVP Todd N. Sheldon sold 15,191 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $106.50, for a total value of $1,617,841.50. Following the completion of the sale, the executive vice president now owns 74,758 shares of the company’s stock, valued at $7,961,727. The trade was a 16.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Brien P. O’meara sold 3,500 shares of the firm’s stock in a transaction 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 sale, the vice president now directly owns 11,372 shares in the company, valued at approximately $1,209,980.80. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,191 shares of company stock valued at $2,256,367. 0.76% of the stock is owned by insiders.

PulteGroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Tuesday, June 17th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.88 annualized dividend and a dividend yield of 0.86%. PulteGroup’s dividend payout ratio is currently 6.21%.

PulteGroup declared that its board has authorized a stock buyback 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 repurchase up to 6.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

About PulteGroup

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.