PulteGroup (PHM) Tops Q4 EPS by 5c

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PulteGroup (PHM) Says 2020 Gross Margins Will be 23%-23.4%, Deliveries 25,500-26,250 - Bloomberg, Citing Call

January 28, 2020 8:45 AM EST

PulteGroup (NYSE: PHM) Says 2020 Gross Margins Will be 23%-23.4%, Deliveries 25,500-26,250 - Bloomberg, Citing Call

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PulteGroup (PHM) Acquires Innovative Construction Group

January 28, 2020 6:42 AM EST

PulteGroup, Inc. (NYSE: PHM) announced today that it has acquired Innovative Construction Group (ICG), a leading off-site solutions provider focused on single family and multifamily wood framed construction. Based in Jacksonville, Florida, ICGs comprehensive framing solutions include design services, manufactured wall panels, roof trusses and floor systems, and on-site installation to provide a full frame shell construction process. ICG will remain a stand-alone operation and continue serving its existing customer base and builder... More

Evercore ISI Upgrades PulteGroup (PHM) to Outperform

January 28, 2020 4:58 AM EST

Evercore ISI analyst Stephen Kim upgraded PulteGroup (NYSE: PHM) from In Line to Outperform with a price target of $49.00 (from $43.00).

For an analyst ratings summary and ratings history on PulteGroup click here. For more ratings news on PulteGroup click here.

Shares of PulteGroup closed at $44.30 yesterday.

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