PulteGroup, Inc. – Consensus Indicates Potential 24.4% Upside

Broker Ratings

PulteGroup, Inc. found using ticker (PHM) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 83 and 54 calculating the average target price we see 66.09. Given that the stocks previous close was at 53.12 this would imply there is a potential upside of 24.4%. There is a 50 day moving average of 50.98 and the 200 day moving average is 44.02. The market cap for the company is $12,182m. Find out more information at: https://www.pultegroup.com

The potential market cap would be $15,157m based on the market concensus.

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PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.

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