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PHM News and Press, PulteGroup Inc. From 07/14/23

Stock Information

Company Name: PulteGroup Inc.
Stock Symbol: PHM
Market: NYSE
Website: pultegroupinc.com

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PHM - Re-rating homebuilders: Raymond James upgrades Toll Brothers, Lennar

2023-07-14 11:45:01 ET Raymond James on Friday upgraded its ratings on five homebuilder stocks, as the companies' resilience to rates are poised to continue. Toll Brothers ( NYSE: TOL ) was upgraded to Strong Buy from Outperform and its price target was hiked to $100 from $...

PHM - Consumer Spending Shifts For H2 2023: Services Cruising Through

2023-07-14 08:00:00 ET Summary Consumer spending has softened over the past few months. The consumer discretionary sector is diversified beyond much more than retail and apparel names. Cruise lines are notably some of the highest performers due to a multi-year downturn in the ...

PHM - Mortgage rates near 7%, but housing costs remain high

2023-07-13 12:44:17 ET Long-term mortgage rates are nearing the 7% mark, but housing costs remain high, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.96% as of July 13, higher than 6.81% last week and 5.51% in the year-ago period. ...

PHM - Long-term mortgage rates rise to their highest level in 2023

2023-07-06 12:11:01 ET Long-term mortgage rates rose to their highest level in 2023, driven by a resilient economy, persistent inflation and a hawkish tone from the Federal Reserve, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.81% as ...

PHM - RPV: A High-Risk Value ETF Outperforming For 3 Years

2023-07-06 10:16:21 ET Summary Invesco S&P 500® Pure Value ETF holds 81 large- and mid-caps with value characteristics. The portfolio is well-diversified across holdings, but 42% of asset value is concentrated in two sectors. RPV has outperformed the S&P 500 and t...

PHM - D.R. Horton, PulteGroup placed on upside 30-day catalyst watch at Citi

2023-07-05 10:31:04 ET Citi analyst Anthony Pettinar opened an upside 30-day catalyst watch on D.R. Horton ( NYSE: DHI ) and PulteGroup ( NYSE: PHM ) on Wednesday ahead of the homebuilders' upcoming earnings results. PHM and DHI bucked the broader stock market's retreat,...

PHM - PulteGroup Celebrates the 10th Anniversary of its Built to Honor® Program, Recognizing and Thanking Our Nation's Veterans

For many veterans, returning to civilian life can surface a wide range of emotions and experiences, especially for those who return forever changed due to injury or disability incurred while serving. Many face uncertainty about life after service, and hardships while supporting the spouses and ch...

PHM - Dividend Champion, Contender, And Challenger Highlights: Week Of July 2

2023-07-02 08:01:45 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

PHM - NVR: Lots Of Cash But No Margin Of Safety

2023-07-02 03:02:30 ET Summary NVR is a low-growth cyclical company as its performance is tied to US Housing Starts where there was no growth in the long-term annual average over the past 70 years. Any analysis and valuation of NVR should be based on its cyclical performance. A va...

PHM - Homebuilders: Why This Time Was Different

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...

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