PulteGroup, Inc. (NYSE:PHM) is one of the
The 10 Best Real Estate Stocks to Buy in 2026.
On April 23, Reuters reported that PulteGroup, Inc. (NYSE:PHM) had weaker first-quarter results as profits and revenue declined as demand fell. The corporation had diluted earnings of $1.79 per share, down from $2.57 a year ago, and revenue fell to $3.41 billion from $3.89 billion.
Home sales gross margin fell from 27.5% to 24.4% as demand slowed. CEO Ryan Marshall said both domestic and global factors weakened demand, saying, “We see a consumer concerned about affordability and the economy.”
According to Reuters, inflation drove away buyers, exacerbating problems in the home construction business, which has suffered from declining sales for several quarters.
The company also expanded its share buyback program by $1.5 billion, showing capital return ambitions in the face of lower performance trends.
On April 4, 2026, UBS raised its price target for PulteGroup, Inc. (NYSE:PHM) to $162 from $159 and maintained a Buy rating on the stock. The company revised its model in response to first-quarter financial results.
PulteGroup, Inc. (NYSE:PHM) works in the home construction industry. It works through two business segments: home construction and financial services.
While we recognize PHM’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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