PHM

AI Research

Dividend declared + housing demand recovery → $0.26 quarterly; Truist initiates Buy at $170

PulteGroup Board declared quarterly dividend of $0.26 per share payable April 2, 2026, reflecting confidence in cash generation. Stock shows mixed sentiment with 14.3% 1-month decline yet 18.8% 1-year return and 161.2% 5-year return. Company benefits from firm housing demand in Midwest, Northeast, and Florida, with Truist Financial initiating coverage on March 4 with buy rating and $170 target versus $122.17 close.