PHM News and Press, PulteGroup Inc. From 06/30/23

2023-06-30 10:30:00 ET Summary To the surprise of countless pundits, the U.S. housing industry has quietly started to emerge from its year-long recession, thawing from a deep freeze induced by historically aggressive monetary tightening. Rebounding from punishing declines of nearl...

Company Introduces Pulte Homes and Centex Brands into Newest Markets PulteGroup, Inc. (NYSE: PHM) one of the nation’s largest homebuilders, today announced the opening of its first communities in Greenville and Columbia, South Carolina. The Company previously announced its entry ...

2023-06-28 13:37:40 ET Summary Lowe's Companies is expected to face short-term challenges in 2023 due to factors such as the absence of an extra operating week, the sale of its Canadian operations, and a projected decrease in comparable store sales. The company is expected to bene...

2023-06-26 11:15:57 ET B. Riley analyst Alex Rygiel upgraded shares of Century Communities ( NYSE: CCS ) to Buy from Neutral on Monday on the basis of improving demand trends, particularly across the first-time homebuyer group. The stock gained 1.6% in late morning trading. ...

2023-06-25 06:20:59 ET Summary Pulte is a cyclical company with no revenue growth over the latest Housing Starts cycle from 2005 to 2022, despite acquisitions. Pulte is financially sound, but not considered a growth company; it is more appropriate to value it based on its Earnings...

2023-06-22 12:12:15 ET Long-term mortgage rates continued to fall, but remained above the level a year ago, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.67% as of June 22, down from last week when they averaged 6.69% and higher than 5...

This year, PulteGroup is celebrating a decade of delivering mortgage-free homes to wounded veterans Sitting down for what she thought was going to be an interview about her military service, U.S. Army Sergeant Keysia Calmese had no idea she was about to get a life-changing surprise ...

2023-06-19 05:20:38 ET Summary PulteGroup, Inc. has slowly expanded margins, a culture of aggressive buybacks, and a history of cyclical but attractive returns. As of the most recent earnings report, 1Q 2023, gross margins were at 28.92%, operating margins were at 19.53%, and net ...

Milford’s Kensington Ridge by Del Webb Community Now Open for Sales Del Webb, the nation’s leading builder of active adult communities for those 55 and older, announces the opening of its new Michigan community, Kensington Ridge by Del Webb . The Company celebrated the...

2023-06-14 17:45:15 ET Summary NVR has displayed a remarkable track record of growth and profitability with consistent revenue increases and substantial free cash flow growth. NVR's impressive return on equity (ROE) over the past decade, coupled with a solid balance sheet and succ...