Shares of PulteGroup, Inc. (PHM.N) experienced a notable uptick today, crossing above its 5-day simple moving average (SMA) as investors reacted positively to the company's recent dividend announcement. The stock's movement reflects growing bullish sentiment following the declaration of an 18% increase in its quarterly dividend to $0.26 per share, effective January 6, 2026, for shareholders of record by December 16, 2025.
This marks the seventh consecutive year of dividend increases, underscoring PulteGroup's commitment to returning excess funds to shareholders, as highlighted by President and CEO Ryan Marshall. The company's robust performance, particularly in the active adult segment, is anticipated to drive full-year closings to approximately 29,400 homes, further solidifying its position as a leader in the U.S. homebuilding market.
With a strong corporate purpose focused on customer satisfaction and community development, PulteGroup continues to attract investors, making it a favorable choice in the current market landscape.
Wall Street analysts forecast PHM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHM is 138.73 USD with a low forecast of 111.00 USD and a high forecast of 159.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast PHM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHM is 138.73 USD with a low forecast of 111.00 USD and a high forecast of 159.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 123.270
Low
111.00
Averages
138.73
High
159.00
Current: 123.270
Low
111.00
Averages
138.73
High
159.00
BofA
Rafe Jadrosich
Buy
maintain
$135 -> $145
2026-01-16
Reason
BofA
Rafe Jadrosich
Price Target
$135 -> $145
AI Analysis
2026-01-16
maintain
Buy
Reason
BofA analyst Rafe Jadrosich raised the firm's price target on PulteGroup to $145 from $135 and keeps a Buy rating on the shares. After underperforming the market in 2025, homebuilder stocks have rallied sharply year-to-date, but the firm believes weaker employment and migration trends, ongoing inflation and a more competitive selling environment driven by elevated new and resale inventory will pressure fundamentals through 2026 and make it a "reset year for homebuilders," the analyst tells investors in a year ahead note on the group.
RBC Capital
Mike Dahl
Sector Perform
downgrade
$112 -> $111
2026-01-09
Reason
RBC Capital
Mike Dahl
Price Target
$112 -> $111
2026-01-09
downgrade
Sector Perform
Reason
RBC Capital analyst Mike Dahl lowered the firm's price target on PulteGroup to $111 from $112 and keeps a Sector Perform rating on the shares. Goldman remains cautious into early 2026, with housing affordability still challenging and R&R potentially inflecting later in the year, the analyst tells investors in a research note. Nonresidential markets are mixed, key risks include policy changes, rates, and tariffs, and the sector is expected to remain volatile, with homebuilders the most cautious, distribution favored, and building products OEMs offering relatively attractive valuations.
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RBC Capital
Mike Dahl
Sector Perform
downgrade
$112 -> $111
2026-01-09
Reason
RBC Capital
Mike Dahl
Price Target
$112 -> $111
2026-01-09
downgrade
Sector Perform
Reason
RBC Capital analyst Mike Dahl lowered the firm's price target on PulteGroup to $111 from $112 and keeps a Sector Perform rating on the shares. RBC Capital remains cautious into early 2026, with housing affordability still challenging and R&R potentially inflecting later in the year, the analyst tells investors in a research note. Nonresidential markets are mixed, key risks include policy changes, rates, and tariffs, and the sector is expected to remain volatile, with homebuilders the most cautious, distribution favored, and building products OEMs offering relatively attractive valuations.
Citi
Anthony Pettinari
Neutral
downgrade
$135 -> $128
2026-01-08
Reason
Citi
Anthony Pettinari
Price Target
$135 -> $128
2026-01-08
downgrade
Neutral
Reason
Citi analyst Anthony Pettinari lowered the firm's price target on PulteGroup to $128 from $135 and keeps a Neutral rating on the shares. The firm updated estimates and targets in the homebuilding and building products group as part of its 2026 outlook. Citi continues to prefer heavy construction materials with exposure to infrastructure over the residential exposed names.
About PHM
PulteGroup, Inc. is a homebuilder in the United States. The Company's segments include Homebuilding and Financial Services. Its Homebuilding operations involve acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land. Its financial services business segment includes mortgage banking, title, and insurance agency operations, through Pulte Mortgage LLC (Pulte Mortgage) and other subsidiaries. Pulte Mortgage arranges financing through the origination of mortgage loans primarily for the benefit of its homebuyers. Its Homebuilding operations are aggregated into six segments: Northeast, Southeast, Florida, Midwest, Texas and West. The Company, through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, offers a variety of home designs with varying levels of options and amenities to its customer groups.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
