PulteGroup, Inc. Common Stock (NYSE:PHM):
Shhhhh, Don’t Tell the Millennials, But They’re Acting A Lot Like Their Parents.
The company is up by 1.76 percent from yesterday’s close.
The company also recently declared a dividend for shareholders that was paid on Tuesday October 4th, 2016. The dividend was $0.090 per share for the quarter which is $0.36 annualized. The dividend yield was $1.94. The ex-dividend date was Friday the 16th of September 2016.
Company shares last traded at $18.51 marginally under $19.63, the stock’s 50 day moving average and which is marginally under the 200 day moving average of $19.71. The 50 day moving average was down $-1.12 and the 200 day average went down $-1.20 or -6.07%.
PulteGroup, Inc. Common Stock’s P/E ratio is 11.64 and market capitalization is 6.12B. In the latest earnings report the EPS was $1.59 and is projected to be $1.60 for the current year with 330,739,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.31 and the next full year EPS is anticipated to be $2.09.
Ratings firms have released ratings on the stock of late. Equity analyst Wells Fargo added PHM to its research portfolio giving it an initial rating of “Market Perform”. On September 20, 2016 Wedbush issued its first research report on the stock with an initial rating of “Underperform” and price target of $16.00.
On July 25, 2016 the stock rating was changed to a “Buy” in a report from Deutsche Bank up from the previous “” rating. On July 22 the company was upgraded from “Neutral” to “Overweight” by JP Morgan.
On April 25 the company was rated “Market Perform” by Raymond James a cut from the previous “Outperform” rating. On April 6 the stock rating was upgraded to “Equal-weight” from “Underweight” and a price target of $18.00 was set in a report issued by Barclays.