PulteGroup, Inc. with ticker code (PHM) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 88 and 65 with the average target price sitting at $75.83. Given that the stocks previous close was at $64.63 this would imply there is now a potential upside of 17.3%. The 50 day MA is $57.35 and the 200 day MA is $47.45. The total market capitalization for the company now stands at $14,793m. You can visit the company’s website by visiting: https://www.pultegroup.com
The potential market cap would be $17,357m based on the market consensus.
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
The company has a dividend yield of 0.99% with the ex dividend date set at 17-3-2023 (DMY).
