Raymond James Maintains Strong Buy on PulteGroup, Lowers Price Target to $59
Raymond James analyst Buck Horne maintains PulteGroup (NYSE:PHM) with a Strong Buy and lowers the price target from $70 to $59.
PulteGroup’s Return On Invested Capital Insights
According to Benzinga Pro, during Q2, PulteGroup (NYSE:PHM) earned $652.43 million, a 43.48% increase from the preceding quarter. PulteGroup also posted a total of $3.93 billion in sales, a 23.15% increase since Q1.
PulteGroup Clocks 17% Revenue Growth In Q2
PulteGroup Inc (NYSE:PHM) reported second-quarter FY22 total revenue growth of 16.9% year-over-year to $3.93 billion, missing the consensus of $4.07…
This Crazy Real Estate Market Has Some Of The Nation’s Largest Home Builders Jumping Into The Rental Business
It’s an excellent time to own single-family rental properties, a realization that’s reaching some of the nation’s largest home builders.
What 6 Analyst Ratings Have To Say About PulteGroup
Over the past 3 months, 6 analysts have published their opinion on PulteGroup (NYSE:PHM) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
JP Morgan Maintains Overweight on PulteGroup, Lowers Price Target to $49.5
JP Morgan analyst Michael Rehaut maintains PulteGroup (NYSE:PHM) with a Overweight and lowers the price target from $51 to $49.5.
RBC Capital Updates Ratings On Homebuilders & Building Products Sector As Housing Demand Declines
RBC Capital analyst Mike Dahl further reduces estimates and price targets for Homebuilders & Building Products companies as housing demand declines.
The analyst expects further deterioration after the most recent jump in rates (+50 bps past 2 weeks and +270 bps YTD).
RBC Capital Downgrades PulteGroup to Sector Perform, Lowers Price Target to $41
RBC Capital analyst Mike Dahl downgrades PulteGroup (NYSE:PHM) from Outperform to Sector Perform and lowers the price target from $56 to $41.
Citigroup Maintains Buy on PulteGroup, Lowers Price Target to $43
Citigroup analyst Anthony Pettinari maintains PulteGroup (NYSE:PHM) with a Buy and lowers the price target from $55 to $43.