Five things to watch in markets in the week ahead
ATLANTA - PulteGroup, Inc. (NYSE:PHM) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share, representing a 0.67% yield. The dividend will be payable on October 2, 2025, to shareholders of record at the close of business on September 16, 2025. According to InvestingPro data, PulteGroup has maintained dividend payments for 13 consecutive years, with 7 straight years of dividend increases.
The Atlanta-based homebuilder, which operates in more than 45 markets across the United States, made the announcement in a press release statement. With a market capitalization of $26.06 billion, PulteGroup is one of America’s largest homebuilding companies with a portfolio of brands including Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods. InvestingPro analysis shows the company maintains a GREAT financial health score, with strong returns over recent months and solid profitability metrics. Discover 14 additional exclusive ProTips and comprehensive analysis in the Pro Research Report.
The company’s dividend announcement represents a regular quarterly payout to shareholders, consistent with its established dividend program. The company operates with moderate debt levels and maintains strong liquidity, with current assets well exceeding short-term obligations.
In other recent news, PulteGroup’s financial performance has attracted significant attention. BofA Securities has raised its price target for PulteGroup to $140, citing a strong second-quarter gross margin of 27.0%, which surpassed their expectations. UBS also increased its price target for PulteGroup to $150, maintaining a Buy rating, despite slightly lowering earnings per share estimates for 2025 through 2027. Additionally, Seaport Global Securities upgraded PulteGroup from Neutral to Buy, setting a price target of $155, based on stabilizing fundamentals. In a strategic move, PulteGroup announced plans to introduce two new Del Webb communities in Columbus, Ohio, by Spring 2026, expanding its Midwest presence. These developments include Del Webb Maygrass in Plain City and Del Webb Explore at Northstar in Sunbury. Meanwhile, homebuilder and mortgage company stocks, including PulteGroup, saw gains following weaker-than-expected jobs data, which heightened expectations for Federal Reserve interest rate cuts. These updates indicate a period of active growth and strategic planning for PulteGroup.
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