Wedbush Has Pessimistic Outlook of PulteGroup Q4 Earnings

PulteGroup, Inc. (NYSE:PHM) – Equities research analysts at Wedbush lowered their Q4 2025 earnings estimates for shares of PulteGroup in a report released on Tuesday, April 22nd. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $3.15 for the quarter, down from their prior 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.

Several other research analysts have also weighed in on PHM. The Goldman Sachs Group lowered their price objective on PulteGroup from $140.00 to $124.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Citigroup reduced their price objective on shares of PulteGroup from $146.00 to $119.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada cut their target price on shares of PulteGroup from $116.00 to $109.00 and set a “sector perform” rating on the stock in a research note on Wednesday. UBS Group cut their price objective on shares of PulteGroup from $151.00 to $141.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Bank of America dropped 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. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, PulteGroup has a consensus rating of “Moderate Buy” and an average target price of $134.69.

PulteGroup Stock Down 0.8 %

Shares of NYSE:PHM opened at $101.98 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.13. PulteGroup has a 12-month low of $88.07 and a 12-month high of $149.47. The business has a fifty day simple moving average of $101.37 and a 200 day simple moving average of $114.98. The firm has a market cap of $20.65 billion, a P/E ratio of 6.93, a P/E/G ratio of 0.29 and a beta of 1.44.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new stake in PulteGroup in the 4th quarter valued at about $29,000. Fortitude Family Office LLC lifted its stake in shares of PulteGroup by 74.1% during the 4th quarter. Fortitude Family Office LLC now owns 322 shares of the construction company’s stock valued at $35,000 after buying an additional 137 shares in the last quarter. Ameriflex Group Inc. bought a new position in PulteGroup in the 4th quarter worth approximately $37,000. TD Waterhouse Canada Inc. grew its stake in PulteGroup by 43.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 349 shares of the construction company’s stock valued at $38,000 after buying an additional 105 shares in the last quarter. Finally, R Squared Ltd bought a new stake in PulteGroup during the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.

Insider Buying and Selling

In related news, EVP Todd N. Sheldon sold 15,191 shares of PulteGroup stock in a transaction that occurred on 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 sale, the executive vice president now owns 74,758 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Also, Director Brian P. Anderson sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.45, for a total value of $266,125.00. Following the completion of the transaction, the director now owns 56,617 shares in the company, valued at approximately $6,026,879.65. The trade was a 4.23 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,191 shares of company stock worth $2,256,367. 0.76% of the stock is owned by company insiders.

PulteGroup Dividend Announcement

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

PulteGroup declared that its board has approved a share buyback program on Thursday, January 30th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the construction company to repurchase up to 6.2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

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.