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PulteGroup Inc - PHM STOCK NEWS

Welcome to our dedicated news page for PulteGroup (Ticker: PHM), a resource for investors and traders seeking the latest updates and insights on PulteGroup.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PulteGroup's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PulteGroup's position in the market.

Rhea-AI Summary
PulteGroup, Inc. (PHM) reported a strong first quarter for 2024 with a 32% increase in earnings to $3.10 per share, a 10% rise in home sale revenues to $3.8 billion, an 11% increase in closings to 7,095 homes, and a 50 basis points increase in home sale gross margin to 29.6%. The Company also saw a 14% increase in net new orders to 8,379 homes and ended the quarter with a backlog of 13,430 homes valued at $8.2 billion. PulteGroup repurchased $246 million of common shares and ended the quarter with a cash position of $1.8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
Tags
-
Rhea-AI Summary
Del Webb announces the upcoming arrival of Finch Creek by Del Webb in the desirable Noblesville area northeast of Indianapolis. Scheduled for a grand opening in Spring 2025, the community will offer 675 residences with prices starting in the mid-$300s. Residents will enjoy a vibrant Del Webb community with a state-of-the-art fitness center, sports courts, walking trails, and more. The community also provides easy access to shopping, dining, entertainment options, and various recreational facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
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none
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Rhea-AI Summary
Del Webb, a leading builder of active adult communities, announced the opening of Sagebriar in Greenwood, Indianapolis. The community will offer single-story ranch-style homes with resort-style amenities, set to open in late spring 2025. Sagebriar will feature a clubhouse, fitness center, pool, and various outdoor activities, catering to residents aged 55 and older. The location provides easy access to downtown Indianapolis and local attractions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
none
Rhea-AI Summary
PulteGroup appoints Brian Fogarty as president of Colorado division, bringing 20 years of real estate development experience to lead homebuilding operations in Denver. Fogarty's expertise in strategy and land acquisition will enhance customer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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none
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Rhea-AI Summary
Del Webb announces the opening of Del Webb at Legacy Hills, a new active adult community in Celina, Dallas. The community offers ranch-style homes, park access, and proximity to shopping and dining. Buyers can choose from 12 home designs across three collections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
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none
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Rhea-AI Summary
Pulte Homes introduces Wheelock Farm, a luxury home community in Norton, MA, offering 44 homes on one-acre wooded lots. The homes feature modern designs, spacious layouts, and high-end amenities, starting at $1M+. The community provides a perfect blend of tranquility and accessibility, with easy access to local amenities and major cities like Boston and Providence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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none
Rhea-AI Summary
PulteGroup (PHM) has been named to the Fortune 100 Best Companies to Work For® for the fourth consecutive year, ranking 43. The company's commitment to a rewarding and inclusive work environment is highlighted, with high employee satisfaction rates and a strong workplace culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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none
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Rhea-AI Summary
PulteGroup Inc. (PHM) presents 2024 design and color trends for homebuilding, emphasizing authentic materials, sustainability, highly textured elements, new-traditional styling, and vibrant colors. The company's Interior Design Team recommends using clay, stone, wood, upcycled materials, textured accents, and matte finishes to create a modern and luxurious living space.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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none
-
Rhea-AI Summary
PulteGroup (PHM) nominates Kristen Actis-Grande as a new independent director to its Board of Directors. Actis-Grande, currently the CFO of MSC Industrial Direct Co., Inc., brings extensive finance and industry expertise to PulteGroup. Her appointment awaits shareholder approval at the upcoming annual meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
management
Rhea-AI Summary
Pulte Homes announces the grand opening of Rookery Lane at Concord, a community offering single-family and attached homes in a historic locale near Boston. The homes feature upscale designs, premium finishes, and convenient access to amenities and outdoor activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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none
PulteGroup Inc

NYSE:PHM

PHM Rankings

PHM Stock Data

23.40B
210.08M
0.73%
93.17%
2.06%
New Housing For-Sale Builders
Construction
Link
United States
Atlanta

About PHM

find your new home at pulte homes, one of the nation’s largest homebuilders. with innovative new home designs and materials, pulte homes has won more awards for customer satisfaction than any other homebuilder.