Market Movers

PulteGroup, Inc.’s Stock Price Soars to $130.20, Marking a Positive 1.50% Shift in Market Performance

By September 7, 2024 No Comments

PulteGroup, Inc. (PHM)

130.20 USD +1.93 (+1.50%) Volume: 2.57M

Explore PulteGroup, Inc.’s stock price performance, currently standing at 130.20 USD, marking a positive change of +1.50% in the recent trading session. With a trading volume of 2.57M and a robust YTD growth of +26.14%, PHM’s stock continues to demonstrate strong market resilience, making it a potential choice for investors looking for steady growth.


Latest developments on PulteGroup, Inc.

PulteGroup Inc. (NYSE:PHM) is making waves in the stock market today, with key events driving its stock price movements. Rhumbline Advisers recently disclosed a substantial $46.27 million holding in PulteGroup, Inc., indicating confidence in the company’s future prospects. Additionally, PulteGroup announced a quarterly cash dividend of $0.20 per share, attracting investors seeking stable returns. For long-term investors, the company’s consistent performance is evident as a $1000 investment a decade ago would have significantly appreciated by now. With PulteGroup Inc. (PHM) trending positively, it’s essential to stay informed before making any investment decisions.


A look at PulteGroup, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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 has a positive long-term outlook. The company scored well in Growth, Resilience, and Momentum, indicating strong potential for future expansion and stability. With operations in multiple markets across the United States and Puerto Rico, PulteGroup Inc’s diverse portfolio positions it well for continued success in the housing industry.

While Pultegroup Inc scored lower in Dividend compared to other factors, its overall outlook remains promising. The Value score also suggests that the company is reasonably priced in the market. Investors may find PulteGroup Inc to be a solid choice for long-term growth potential, given its strong performance in Growth, Resilience, and Momentum according to the Smartkarma Smart Scores.


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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