Zacks Research Has Weak Outlook for PulteGroup Q2 Earnings

PulteGroup, Inc. (NYSE:PHM) – Research analysts at Zacks Research lowered their Q2 2026 earnings per share estimates for PulteGroup in a note issued to investors on Thursday, February 12th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $2.60 per share for the quarter, down from their previous estimate of $2.96. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for PulteGroup’s current full-year earnings is $12.32 per share. Zacks Research also issued estimates for PulteGroup’s Q3 2026 earnings at $2.70 EPS, FY2026 earnings at $9.85 EPS, Q2 2027 earnings at $3.02 EPS, Q3 2027 earnings at $3.11 EPS and FY2027 earnings at $11.46 EPS.

A number of other equities research analysts also recently issued reports on PHM. Wells Fargo & Company increased their price target on shares of PulteGroup from $132.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Citigroup raised their price target on shares of PulteGroup from $128.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of PulteGroup from $149.00 to $131.00 and set an “overweight” rating on the stock in a report on Tuesday, February 3rd. BTIG Research initiated coverage on PulteGroup in a research report on Monday, December 1st. They issued a “neutral” rating on the stock. Finally, UBS Group reduced their target price on PulteGroup from $160.00 to $159.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $140.15.

PulteGroup Stock Up 2.5%

Shares of NYSE PHM opened at $142.42 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The company has a market cap of $27.39 billion, a P/E ratio of 12.81, a P/E/G ratio of 1.66 and a beta of 1.33. PulteGroup has a 52 week low of $88.07 and a 52 week high of $143.66. The business has a 50-day simple moving average of $126.37 and a two-hundred day simple moving average of $126.30.

Institutional Investors Weigh In On PulteGroup

A number of institutional investors have recently made changes to their positions in PHM. Rachor Investment Advisory Services LLC purchased a new position in PulteGroup in the 4th quarter worth $31,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of PulteGroup during the second quarter valued at about $32,000. Lloyd Advisory Services LLC. purchased a new position in shares of PulteGroup in the fourth quarter worth about $33,000. Rexford Capital Inc. purchased a new position in shares of PulteGroup in the second quarter worth about $35,000. Finally, Private Wealth Management Group LLC boosted its holdings in PulteGroup by 281.7% during the 3rd quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock valued at $36,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 89.90% of the company’s stock.

Insider Transactions at PulteGroup

In other PulteGroup news, EVP Todd N. Sheldon sold 14,220 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $135.01, for a total value of $1,919,842.20. Following the completion of the sale, the executive vice president owned 69,753 shares of the company’s stock, valued at $9,417,352.53. This represents a 16.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Matthew William Koart sold 15,309 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $135.79, for a total transaction of $2,078,809.11. Following the transaction, the chief operating officer owned 42,418 shares in the company, valued at $5,759,940.22. The trade was a 26.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 144,779 shares of company stock worth $19,432,616. 0.76% of the stock is currently owned by company insiders.

PulteGroup Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. PulteGroup’s dividend payout ratio (DPR) is presently 9.35%.

PulteGroup Company Profile

PulteGroup, Inc (NYSE: PHM) is a U.S.-based residential homebuilder that designs, constructs and sells single-family homes and develops master-planned communities. The company operates multiple national and regional brands that target different buyer segments, including first-time buyers, move-up buyers and active-adult customers. Its operations encompass land acquisition and development, home design and construction, community amenities and ongoing customer service and warranty programs.

PulteGroup markets homes under several well-known brands, such as Pulte Homes, Centex and Del Webb, among others, offering a range of product types from entry-level detached homes to larger, higher-end residences and age-restricted active-adult communities.