After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for PulteGroup Inc. (PHM) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $54.21. The PulteGroup Inc. has recorded 293,869 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed PulteGroup Enters Greenville, South Carolina Market.
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Stocks Info
The company is listed on the NYSE and operates within the Residential Construction industry segment. At the end of the last regular session, the stock closed at $54.21 and fluctuated between $54.64 as its day high and $52.24 as its day low. The current market capitalization of PulteGroup Inc. is $12.45B. A total of 4.17 million shares were traded on the day, compared to an average of 2.42M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PHM has seen 12 BUY and 13 SELL insider trades, representing the acquisition of 375,395 and the disposition of 134,152 shares. Over the last 12 months, there were 16 BUYs and 15 SELLs from insiders. Insiders purchased 388,927 shares during that period but sold 142,894.
In the most recent transaction, Sheldon Todd N sold 15,998 shares of PHM for 53.83 per share on Mar 02. After the transaction, the EVP, Gen Counsel, Corp Sec’y now owns 82,339 company shares. In a previous transaction on Feb 14, Chadwick John J. sold 29,817 shares at 56.63 per share. PHM shares that Exec VP & Chief Operating Ofcr owns now total 87,428.
Among the insiders who sold shares, O’Meara Brien P. disposed of 4,924 shares on Feb 02 at a per-share price of $60.00. This resulted in the Vice President & Controller holding 17,308 shares of PHM after the transaction.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. PulteGroup Inc. pays an annual dividend of $0.64, resulting in a dividend yield of 1.18%, and it has a price to earnings (P/E) ratio of 4.84. PHM’s most recent ex-dividend date was 3/17/2023 when it declared a $0.16 quarterly dividend that was paid in cash on 4/4/2023. Previously, the company paid the dividend on 1/3/2023 with an ex-dividend date of 12/13/2022. The PHM stock dividend was $0.16 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PHM in the last 3 months, the mean price target is $66.75 with high estimates of $83.00 and low estimates of $54.00. In terms of 52-week highs and lows, PHM has a high of $60.89 and a low of $35.03.
As of this writing, PHM has an earnings estimate of $1.81 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.72. The company reported an EPS of $2.69 in the last quarter, which was -4.60% lower than expectations of $2.82.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PHM is Underweight with a score of 4.17. A total of 8 analysts rated the stock as Buy while 1 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.