Media stories about PulteGroup (NYSE:PHM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PulteGroup earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.458458339609 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Brokerages Expect PulteGroup, Inc. (PHM) Will Post Quarterly Sales of $2.79 Billion (americanbankingnews.com)
- Homebuilders face rising costs in 2018 (finance.yahoo.com)
- Primoris Unit Secures $25M Heavy Civil Contract in Texas (finance.yahoo.com)
- Acuity Brands (AYI) Misses on Q1 Earnings, Margins Down (nasdaq.com)
- PulteGroup and Georgia Power partner for first Smart Neighborhood in AtlantaFirst Phase of (markets.businessinsider.com)
Several research firms have issued reports on PHM. B. Riley restated a “buy” rating on shares of PulteGroup in a research report on Wednesday, November 1st. Zacks Investment Research lowered shares of PulteGroup from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Barclays set a $26.00 price target on shares of PulteGroup and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Bank of America set a $34.00 price objective on shares of PulteGroup and gave the stock a “buy” rating in a report on Wednesday, October 25th. Finally, FBR & Co reaffirmed a “buy” rating and set a $31.00 price objective (up from $28.00) on shares of PulteGroup in a report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $31.92.
PulteGroup (NYSE:PHM) traded down $0.04 during trading hours on Friday, hitting $34.48. 2,414,743 shares of the stock were exchanged, compared to its average volume of 3,514,504. The company has a market cap of $10,147.76, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 0.57 and a beta of 1.22. PulteGroup has a one year low of $18.54 and a one year high of $35.01. 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 quarterly earnings results on Tuesday, October 24th. The construction company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.01. PulteGroup had a net margin of 7.77% and a return on equity of 14.38%. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. equities research analysts predict that PulteGroup will post 2.2 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Tuesday, December 12th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Monday, December 11th. PulteGroup’s dividend payout ratio is currently 17.91%.
In related news, insider James R. Ellinghausen sold 67,490 shares of PulteGroup stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $32.35, for a total transaction of $2,183,301.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James R. Ellinghausen sold 136,912 shares of PulteGroup stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $29.70, for a total transaction of $4,066,286.40. Following the transaction, the insider now directly owns 294,369 shares of the company’s stock, valued at $8,742,759.30. The disclosure for this sale can be found here. Insiders have sold a total of 297,202 shares of company stock valued at $9,394,580 over the last three months. 0.71% of the stock is currently owned by insiders.
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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.
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