PulteGroup Inc. (PHM)
Consumer Discretionary3 articles
Price chart
Why is PHM moving today?
+0.5%PHM is +0.5% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 13 hours ago
PulteGroup Inc. (PHM) overview
PulteGroup is one of the largest U.S. homebuilders.
PHM is a member of the S&P 500. It sits in the Consumer Discretionary sector. That sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
PulteGroup Inc. trades on the NYSE under the ticker symbol PHM. The most recent market data puts the share price at about $113.55. That is up 0.50% on the session. At that price the company is worth roughly $21.63B.
Over the past 52 weeks, PHM has traded between $107.16 and $144.50. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 11.6. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. PHM also pays a dividend. It yields around 0.92% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 13 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch PHM
PHM is one of the larger names in the Consumer Discretionary sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each PHM story as it breaks, and tags it bullish, bearish or neutral.
What moves PHM
- Earnings. PHM reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from PHM.
- Sector news. Consumer Discretionary stocks often move together, so a rival's news can move PHM too.
Market Mood
Latest PHM news
PulteGroup (PHM) Upgraded to Outperform with $158 Price Target
Wolfe Research upgraded PulteGroup Inc. (PHM) to 'outperform' from 'peer perform' with a target price of $158. The upgrade is based on an increase in built-to-order (BTO) construction projects, expected to drive higher gross margins. Shares rose nearly 1% in late afternoon trading. Wolfe expects BTO to account for 45% of 2Q Orders, aiming for a 60% target by 2027, with an anticipated 50 basis point tailwind to gross margins over time. This update is relevant for investors considering opportunities in the housing market and construction sector.
Read More: PulteGroup (PHM) Upgraded to Outperform with $158 Price Target
Data Center Legislation and $1 Trillion AI Spending by 2027
Maine's legislature recently passed a data center ban, though it failed to override the governor's veto. A report indicates that 14 states are considering similar legislation regarding new data centers. Major U.S. technology firms are projected to spend up to $1 trillion annually on AI by 2027. Additionally, a McKinsey report forecasts global spending on data centers to reach $7 trillion by 2030, highlighting significant investment in this sector. The trend of integrating data centers into homes, explored by companies like PulteGroup and Nvidia, could revolutionize the industry.
Read More: Data Center Legislation and $1 Trillion AI Spending by 2027
Nvidia (NVDA) and PulteGroup Collaborate on Home Data Centers
Nvidia (NVDA) and PulteGroup (PHM) are partnering with a startup to install mini data centers on residential properties. This initiative aims to enhance digital infrastructure in homes, potentially increasing energy efficiency and providing better connectivity. The program's rollout may affect the real estate market by introducing new tech-focused developments. As of now, no specific financial figures or dates for implementation have been disclosed.
Read More: Nvidia (NVDA) and PulteGroup Collaborate on Home Data CentersMore Consumer Discretionary stocks
Frequently asked questions
Is PulteGroup Inc. in the S&P 500?
Yes. PulteGroup Inc. trades as PHM and is a member of the S&P 500. The index lists it in the Consumer Discretionary sector.
What sector is PHM in?
PHM sits in the Consumer Discretionary sector of the S&P 500.
Where can I find the latest PHM news?
Right here. This page collects recent PHM news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is PulteGroup Inc.'s stock price?
PHM last traded at about $113.55. Prices move all through the session, so this is the latest quote rather than a live one.
What is PulteGroup Inc.'s market cap?
PHM is worth roughly $21.63B. Market cap is the share price times the number of shares outstanding.
What is PHM's P/E ratio?
PHM trades at a trailing P/E ratio of about 11.6. The ratio compares the share price with earnings per share over the past year.