News articles about PulteGroup (NYSE:PHM) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PulteGroup earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 46.8744404836838 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
PulteGroup (NYSE:PHM) traded up $0.50 during trading hours on Monday, hitting $34.44. 6,466,607 shares of the stock traded hands, compared to its average volume of 5,074,316. PulteGroup has a twelve month low of $18.18 and a twelve month high of $34.60. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.25 and a current ratio of 0.25. The company has a market cap of $9,977.26, a price-to-earnings ratio of 16.56, a P/E/G ratio of 0.99 and a beta of 1.21.
PulteGroup (NYSE:PHM) last posted its quarterly earnings results on Tuesday, October 24th. The construction company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.59 by $0.01. PulteGroup had a net margin of 7.77% and a return on equity of 14.38%. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter in the previous year, the business posted $0.43 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. sell-side analysts expect that PulteGroup will post 2.18 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Tuesday, December 12th will be issued a $0.09 dividend. The ex-dividend date is Monday, December 11th. This represents a $0.36 annualized dividend and a dividend yield of 1.05%. PulteGroup’s dividend payout ratio is currently 17.91%.
Several equities research analysts have issued reports on the stock. Zacks Investment Research cut shares of PulteGroup from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. KeyCorp reissued a “hold” rating on shares of PulteGroup in a research report on Wednesday, November 1st. Buckingham Research cut shares of PulteGroup from a “buy” rating to a “neutral” rating and set a $33.00 price objective for the company. in a research report on Tuesday, November 14th. MKM Partners reissued a “neutral” rating on shares of PulteGroup in a research report on Tuesday, September 5th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $28.00 price objective on shares of PulteGroup in a research report on Monday, September 25th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $29.92.
In related news, insider James R. Ellinghausen sold 136,912 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $29.70, for a total transaction of $4,066,286.40. Following the completion of the transaction, the insider now owns 294,369 shares in the company, valued at approximately $8,742,759.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider James R. Ellinghausen sold 67,490 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $32.35, for a total transaction of $2,183,301.50. The disclosure for this sale can be found here. Insiders own 0.71% of the company’s stock.
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PulteGroup Company Profile
PulteGroup, Inc is a homebuilder in the United States. The Company’s segments include Homebuilding and Financial Services. Its Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land.
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