PulteGroup Shares Surge After Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2021
0mins
Should l Buy PHM?
Source: SeekingAlpha
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.
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Analyst Views on PHM
Wall Street analysts forecast PHM stock price to rise
12 Analyst Rating
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 117.150
Low
111.00
Averages
138.73
High
159.00
Current: 117.150
Low
111.00
Averages
138.73
High
159.00
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.
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