PulteGroup builds on strong housing demand, shares near recent high on NYSE
24.06.2026 - 09:40:00 | ad-hoc-news.de
By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-24, 09:37.
PulteGroup Inc. (US7458671010) continues to trade close to its recent high on the NYSE as US housing demand remains resilient and new-home builders gain share from the constrained existing-home market, according to recent market data and commentary from major brokers.Reuters analysis on US homebuilders
What recent figures show
PulteGroup reported first-quarter 2026 net income of around $0.3 billion with earnings per share above the prior year, driven by higher average selling prices and stable margins, according to its latest investor presentation.Company quarterly results overview
New-home orders and backlog levels remained healthy across key markets such as the Sun Belt and Southeast, underscoring continued demand despite higher mortgage rates, a trend also highlighted by peers D.R. Horton and Lennar in their recent filings.Reuters report on US homebuilders and tight supply
Analyst view on the stock
On Wall Street, several large houses including Goldman Sachs and JPMorgan continue to rate large US homebuilders positively, citing structurally tight housing supply and favorable demographics, with consensus price targets for the sector above current trading levels.MarketScreener consensus data for PulteGroup
According to recent consensus data, analysts expect PulteGroup to grow earnings over the next two years while maintaining a solid balance sheet and returning capital through dividends and buybacks, positioning the stock alongside D.R. Horton and Lennar in the US homebuilding peer group.
All news and analysis on the PulteGroup shares
Key figures, filings and previous coverage on PulteGroup are bundled in the ad-hoc-news topic hub and on the company’s own investor site.
How PulteGroup makes its money
PulteGroup generates most of its revenue by building and selling single-family homes, townhomes and condominiums under brands such as Pulte Homes, Centex and Del Webb, focusing on first-time, move-up and active adult buyers in fast-growing US metropolitan areas.
Where the shares trade today
The PulteGroup shares (US7458671010) last traded on the NYSE at around 126.64 US dollars on 2026-06-23, 15:58 Eastern Time, according to official exchange data.
PulteGroup at a glance
- Company: PulteGroup Inc.
- ISIN: US7458671010
- WKN: 854052
- Ticker: PHM
- Trading venue: NYSE
- Price (as of 2026-06-23, 15:58): 126.64 USD
- Market cap: approximately 26 billion USD (as of 2026-06-23)
- Sector / industry: Consumer Discretionary / Homebuilding
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities.
