Headlines about PulteGroup (NYSE:PHM) have trended somewhat positive on Wednesday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PulteGroup earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.5780965496212 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several research analysts have commented on PHM shares. Zacks Investment Research raised PulteGroup from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Friday, October 27th. Credit Suisse Group set a $35.00 price target on PulteGroup and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Citigroup lowered PulteGroup from a “neutral” rating to a “sell” rating and set a $26.00 price target on the stock. in a research report on Friday, October 20th. KeyCorp reaffirmed a “hold” rating on shares of PulteGroup in a research report on Wednesday, November 1st. Finally, Buckingham Research lowered PulteGroup from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $31.00 to $33.00 in a research report on Sunday, November 26th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $32.15.

Shares of PulteGroup (PHM) traded up $0.64 during mid-day trading on Wednesday, hitting $34.40. The company’s stock had a trading volume of 2,406,412 shares, compared to its average volume of 3,846,109. PulteGroup has a one year low of $18.87 and a one year high of $35.01. The stock has a market cap of $10,110.00, a P/E ratio of 16.86, a P/E/G ratio of 0.56 and a beta of 1.21. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.72.

PulteGroup (NYSE:PHM) last announced its earnings results on Tuesday, October 24th. The construction company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. PulteGroup had a return on equity of 14.38% and a net margin of 7.77%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the business posted $0.43 EPS. The company’s revenue was up 9.6% on a year-over-year basis. research analysts expect that PulteGroup will post 2.2 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Tuesday, December 12th were paid a $0.09 dividend. The ex-dividend date of this dividend was Monday, December 11th. This represents a $0.36 annualized dividend and a dividend yield of 1.05%. PulteGroup’s dividend payout ratio (DPR) is currently 17.65%.

In other PulteGroup news, insider James R. Ellinghausen sold 67,490 shares of PulteGroup stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $32.35, for a total value of $2,183,301.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider James R. Ellinghausen sold 136,912 shares of PulteGroup stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $29.70, for a total value of $4,066,286.40. Following the completion of the transaction, the insider now owns 294,369 shares in the company, valued at $8,742,759.30. The disclosure for this sale can be found here. Insiders sold a total of 297,202 shares of company stock worth $9,394,580 over the last quarter. Company insiders own 0.71% of the company’s stock.

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PulteGroup Company Profile

PulteGroup, Inc is a homebuilder in the United States. The Company’s segments include Homebuilding and Financial Services. Its Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land.

Insider Buying and Selling by Quarter for PulteGroup (NYSE:PHM)

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