PulteGroup, Inc. with ticker code (PHM) have now 12 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 83 and 54 suggesting an average Analsyt target price of $65.92. Given that the stocks previous close was at $56.66 this is indicating there is a potential upside of 16.3%. It’s also worth noting that there is a 50 day moving average of $54.64 while the 200 day moving average is $45.29. The total market capitalization for the company now stands at $12,685m. Company Website: https://www.pultegroup.com
The potential market cap would be $14,758m 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 1.13% with the ex dividend date set at 17-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.14, revenue per share of 69.06 and a 15.34% return on assets.
