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PHM News and Press, PulteGroup Inc. From 11/09/21

Stock Information

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

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PHM - PulteGroup's Built to Honor Program Celebrates Veterans Day with Delivery of Two New Mortgage-Free Homes to Wounded Veterans

Deliveries in Florida and Minnesota Part of 11 Homes Awarded in 2021 PulteGroup, Inc. (NYSE: PHM), the nation’s third largest homebuilder, announced a momentous year for its Built to Honor® program, which provides mortgage-free homes to veterans injured durin...

PHM - Mortgage rates fall but future upticks expected

“While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus,” said Sam Khater, Freddie Mac’s Chief Economist. 30-year fixed-rate mortgage averaged 3.09% with an av...

PHM - Homebuilders Pulte And M/I Homes: Well Worth The Risk At These Prices

With earnings yields of 15% for Pulte Homes and 23% for M/I Homes, these stocks trade like 30-50% EPS declines are around the corner. Homebuilders are at risk to a decline in new home demand from slowing population growth, but I see a number of offsets. Homebuilders are also at ri...

PHM - PulteGroup's Built to Honor Program Awards Mortgage-Free Home to Purple Heart Recipient in Maryland

U.S. Army Sergeant Bryan Edwards received the keys to his new, mortgage-free Pulte home in the Watershed community located in Laurel, Maryland. The home was donated by PulteGroup’s Built to Honor® program, which provides the gift of a new home to wounded veterans...

PHM - Rents Are Absolutely Soaring

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

PHM - Mortgage rates at 3.14%, purchase demand remains firm

"The yield on the 10-year Treasury note has been trending up due to the decline in new COVID cases, increasing consumer optimism, as well as broadening inflation and persistent shortages," chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 3.14% for the week ending Oct...

PHM - Taylor Morrison Home boosts gross margin guidance on synergies, backlog

Homebuilder stocks are mostly higher after Taylor Morrison (NYSE:TMHC) expects its home closings gross margins this year and next to exceed its previous guidance. Sees home closings gross margin in low-20% range in 2021 vs. its prior range of high 19-20% and in 2022 expects the figure to exce...

PHM - PulteGroup, inc (PHM) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. PulteGroup, inc (NYSE: PHM) Q3 2021 Earnings Call Oct 26, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: PulteGroup, inc (PHM) Q3 2021 Earnings Call Transcript

PHM - PulteGroup stock prediction after mixed third-quarter results

On Tuesday, PulteGroup Inc. ( NYSE:PHM ) shares fell by nearly 4% after announcing its most recent quarterly results. The company reported its fiscal third-quarter revenue and earnings before markets opened, beating the consensus for Street expectations. However, the backlog value i...

PHM - Pultegroup, Inc. (PHM) CEO Ryan Marshall on Q3 2021 Results - Earnings Call Transcript

Pultegroup, Inc. (PHM) Q3 2021 Earnings Conference Call October 26, 2021, 08:30 ET Company Participants James Zeumer - VP, IR & Corporate Communications Ryan Marshall - President, CEO & Director Robert O’Shaughnessy - EVP & CFO Conference Call Participants Truman Patterson ...

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