Market Movers

PulteGroup, Inc.’s Stock Price Soars to $113.84, Marking a Robust 6.24% Uptick

PulteGroup, Inc. (PHM)

113.84 USD +6.69 (+6.24%) Volume: 2.62M

Explore PulteGroup, Inc.’s stock price which currently stands at 113.84 USD, showcasing a robust trading session with an increase of +6.24% and a trading volume of 2.62M. With an impressive YTD percentage change of +10.29%, PHM’s stock performance continues to attract investor interest.


Latest developments on PulteGroup, Inc.

PulteGroup Inc. (NYSE:PHM) has been experiencing some interesting developments recently. Despite daily gains, the stock has underperformed compared to its competitors. Mediolanum International Funds Ltd has acquired a significant number of shares, while Mirae Asset Global Investments Co. Ltd. has sold some of theirs. Private Advisor Group LLC also purchased shares, indicating varying investor sentiments. Additionally, Pulte Homes has announced its first Utah community in over twenty years, and the company has broken ground on a new master-planned community in Sugar Land. As Wall Street analysts look optimistic, investors are eagerly anticipating PulteGroup’s next earnings report to gauge the stock’s future movements.


A look at PulteGroup, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, PulteGroup Inc. shows a promising long-term outlook. With strong scores in Growth, Resilience, and Momentum, the company is positioned for continued success in the housing market. The high score in Growth indicates potential for expansion and increased profitability, while the Resilience score suggests the company’s ability to withstand market fluctuations. Additionally, the Momentum score reflects positive market sentiment and investor interest in PulteGroup Inc.’s offerings.

PulteGroup Inc. is a company that focuses on selling and building homes, as well as developing residential land and active adult communities. With operations in various markets in the United States and Puerto Rico, the company also offers mortgage financing and title insurance services to home buyers. Despite a moderate score in Value and Dividend, PulteGroup Inc.’s strong scores in Growth, Resilience, and Momentum indicate a bright future ahead for the company in the housing industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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