PHM News and Press, PulteGroup Inc. From 01/30/23

PulteGroup ( NYSE: PHM ) is scheduled to announce Q4 earnings results on Tuesday, January 31, before market open. The consensus EPS estimate is $2.92 (+16.3% Y/Y) and the consensus revenue estimate is $4.59B (+5.3% Y/Y). Over the last 2 years, PHM has beaten EPS estimates ...

The Board of Directors of PulteGroup (NYSE: PHM) today announced the results of an investigation into alleged violations of the Company’s Code of Ethical Business Conduct relating to the improper use of social media by a former employee. As previously announced, the Company promptly termin...

Summary In total, 143 companies with understated Street earnings in 3Q22 represent 22% of the S&P 500 market cap as of 1/11/23, measured on a rolling four-quarter basis. When Street Earnings understate core earnings, they do so by an average of 75%. Below we show five S&P 50...

Summary One of the most exciting things that I did as a landlord was collecting rent. Of course, because I was a landlord, the tenants would always tell me about property issues, such as broken toilets, roof leaks, or loud neighbors. Now that I'm a significant REIT investor, I despi...

Summary PulteGroup has a very shareholder-oriented capital distribution policy. As rates plateau, I expect the property market to stabilize and demand to pick up again from these recent 25 years' low. Multiples contracted remarkably, offering outstanding growth for a very reasonable...

Summary D.R. Horton is the main builder since the September/October lows whose earnings have helped generate sustained gains for stocks in the sector. D.R. Horton's constructive guidance supported the positive reaction in the stock. This performance delivered a solid start to the se...

PulteGroup, Inc. (NYSE: PHM), the nation’s third largest homebuilder, announced today that Brandon Jones, Senior Vice President - Field Operations, has been terminated and will leave the Company effective immediately. Mr. Jones’ departure follows an independent investigation tha...

PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2022 financial results before the market opens on Tuesday, January 31, 2023. The Company will hold a conference call to discuss its fourth quarter results that same day at 8:30 a.m. (ET). A live audio webcast...

Summary Single-Family Rental REITs have uncharacteristically lagged this year- dipping by more than 30% - swept up by stiff headwinds across the housing industry from the historic surge in mortgage rates. While residential rent growth has moderated significantly over the past quarter fr...

Summary D.R. Horton is the largest homebuilder by market capitalization as well as by sales. The company and the sector look cheap based on trailing earnings. We tell you why a 40%-50% downside in DHI stock is more likely in the year ahead. Homebuilders tend to look cheap for ...