PulteGroup, IncNYSE: PHM
Consumer Discretionary · Homebuilding
$127.24
+4.40%
Vol: 1.7M
Research Digest
Friday, June 19, 2026
PulteGroup declares $0.26 quarterly dividend and schedules Q2 2026 earnings for July 22, with Wells Fargo and BofA maintaining Buy ratings despite revenue miss in Q1.
PulteGroup declared a quarterly cash dividend of $0.26 per share payable July 2, 2026 to shareholders of record as of June 16, 2026. The company also announced its Q2 2026 earnings release is scheduled for July 22, 2026 before market open. Q1 2026 results showed EPS of $1.79, missing the $1.82 forecast, and revenue of $3.3B fell short of the $3.39B estimate. Both Wells Fargo and Bank of America Securities maintained Buy ratings on the stock in early June. PHM is up 13.3% over the past month, trading around $124.76 with a P/E of 11.87. The company is targeting an increase in its built-to-order home mix from 43% toward 60%.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours. Latest catalysts (Wells Fargo and BofA Buy ratings on June 4, Q1 2026 results, $1.5B buyback increase) predate the window.
May 21PulteGroup partners with Nvidia and a startup to put mini data centers in homesMixed▶
PulteGroup, Nvidia, and a startup are partnering to put mini data centers in homes, a novel revenue angle for the builder amid weak housing fundamentals. Stock has fallen 12.3% over the past month on rising bond yields and a cooling tech sector. Director Lila Snyder sold 3,339 shares at $117.18 on May 8, 2026 (~$391K). PHM announced a $0.26 dividend (ex-date June 16). Q1 management highlighted softer pricing, heavier incentives, and weaker financial services, reaffirmed full-year guidance, pointing to Q2 margin trough then recovery as build-to-order mix grows from 43% toward 60% target. Board also approved $1.5B buyback authorization increase. Risk: housing affordability and incentives continue to compress margins.
May 20PulteGroup stock down 12.3% over past month as housing softens, despite Q1 build-to-order momentum and reaffirmed guidanceMixed▶
PulteGroup shares have fallen roughly 12-13% over the past month to around $110-111, pressured by rising bond yields and broader housing market concerns. The company reported Q1 2026 home sale revenues of $3.3B with 3% order growth and a shift toward built-to-order homes, though gross margin declined to 24.4% on heavier incentives. Management reaffirmed full-year guidance and pointed to a margin trough in Q2 with recovery later as costs ease. On May 8, Director Lila Snyder sold 3,339 shares at an average price of $117.18. PHM declared a $0.26 quarterly dividend with ex-date June 16, 2026. Average analyst rating is Buy with a $136.23 12-month price target.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18PulteGroup Director Lila Snyder sold 3,339 shares at $117.18 on May 8 totaling ~$391,264 while shares fell 3.3% to $110.40 on May 15.Negative▶
Director Lila Snyder disclosed selling 3,339 PHM shares at $117.18 on May 8, 2026 in an SEC Form 4 filing, retaining 3,540 shares post-sale. Shares slid 3.3% on May 15 to $110.40 amid broader housing-sector weakness tied to softer pricing, heavier buyer incentives, and weaker financial services. Management has reiterated full-year guidance and pointed to a Q2 margin trough with recovery later as costs ease and the built-to-order mix expands toward 60% from 43%. 10 analysts have revised earnings estimates lower for the upcoming period. The company has raised its dividend for 8 consecutive years (yield ~0.88%).
May 15PulteGroup partnered with Nvidia and startup Span to test mini data centers installed on homes that could generate income for homeowners, even as Q1 revenue and EPS missed estimates.Mixed▶
PulteGroup is in early-stage testing of XFRA units, mini data centers powered by Nvidia GPUs and developed with startup Span, that could be installed on homes to generate income for homeowners. The news came amid mounting housing pressure: Q1 2026 EPS of $1.79 missed the $1.82 forecast and revenue of $3.3B fell short of the $3.39B estimate. PHM is shifting from spec to built-to-order, targeting 60% mix from 43% currently to defend margins and reduce inventory risk, with completion targeted early 2027. Shares closed near $113.87 on May 14. Director Lila Snyder sold 3,339 shares at $117.18 on May 8 for $391K. The board declared a $0.26 quarterly dividend payable July 2. Risk: persistent mortgage-rate pressure on demand and rising incentives compressing margins.
May 14PulteGroup Director Lila Snyder sold 3,339 shares for $391K on May 8 amid weakening housing demand and NVIDIA mini-data-center pilotNegative▶
On May 8, 2026, PulteGroup Director Lila Snyder sold 3,339 shares at $117.18 (~$391,264 total), retaining 3,540 shares. The company is in early testing of XFRA mini data centers with NVIDIA GPUs, a novel partnership for the homebuilder. Q1 2026 EPS of $1.79 missed the $1.82 forecast on revenue of $3.3B (-10.8% YoY) as buyer incentives intensified; PHM is shifting built-to-order mix from 43% to 60% target. Q2 gross margin guided to 24.1-24.4% (trough). Quarterly dividend of $0.26 declared, payable July 2. Risk: mortgage rate environment and incentive-driven margin compression continue to weigh.
May 13PulteGroup director Lila Snyder sold 3,339 shares at $117.18 on May 8, 2026, generating $391,264 in proceeds amid mixed homebuilder sector outlook.Neutral▶
On May 8, 2026, PulteGroup Director Lila Snyder sold 3,339 PHM shares at $117.18 for $391,264 in proceeds, retaining 3,540 shares. PulteGroup also declared a quarterly dividend of $0.26 per share payable July 2, 2026. Recent Q1 2026 results showed 3% rise in net new orders and 18% surge in Florida orders, despite revenue and gross margin pressure from increased incentives. Management reaffirmed full-year guidance but pointed to a margin trough in Q2. Macro headwinds remain with consumer sentiment at 56.6 and mortgage rates at 4.29%.
May 12PulteGroup Director Lila Snyder sold 3,339 shares for $391,264 ($117.18/share) on May 8, 2026 as shares slipped 4.4% over the past month amid softer housing market.Mixed▶
PulteGroup Director Lila Snyder sold 3,339 shares on May 8, 2026 at $117.18 per share for $391,264, retaining 3,540 shares. PHM shares are down 4.4% over the past month as the homebuilder faces softer pricing, heavier buyer incentives, and weaker financial services performance reported in Q1. Management reaffirmed full-year guidance and pointed to a margin trough in Q2 with recovery later as costs ease and build-to-order share grows. The company maintains an extended $2.1B buyback program. Recent analyst moves include Bank of America raising PT to $146 from $140 and Wells Fargo to $140 from $132.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| DHIDR | $157.68 | +3.41% | +11.3% | 13.1x | 1.38 | $44.8B |
| PHMPULTEGROUP | $127.24 | +4.40% | +9.2% | 11.4x | 1.22 | $24.2B |
| LENLENNAR | $89.74 | +3.77% | +2.8% | 13.5x | 1.40 | $22.1B |
| NVRNVR | $6,469.68 | +3.09% | +8.4% | 15.4x | 0.92 | $17.5B |
| AMZNAMAZON.COM | $244.58 | +2.98% | -7.8% | 24.8x | 1.44 | $2.63T |
| TSLATESLA | $401.07 | +1.18% | -4.0% | 160.2x | 1.80 | $1.50T |
Key Fundamentals
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52-Week Range
Moving Averages
Price above both MAs — bullish structure.