PulteGroup, Inc. (PHM) News
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Latest PHM News From Around the Web
Below are the latest news stories about Pultegroup Inc that investors may wish to consider to help them evaluate PHM as an investment opportunity.
Janney Montgomery Scott analyst Tyler Batory starts coverage of a bunch of homebuilders with Buy recommendations for PulteGroup (PHM) and TRI Pointe Group (TPH).Sets PHM price target at $61 and TPH's at $26.Initiates D.R. Horton (DHI), Meritage Homes (MTH), and Taylor Morrison (TMHC) with a Neutral rating.Price targets: DHI price...
Housing starts surged to end 2020, Yahoo Finance digs into if the sector can keep up the pace in 2021 with Tendayi Kapfidze, Chief Economist at Lending Tree.
The iShares U.S. Home Construction ETF is the Stock Of The Day, as the housing industry remains a bright spot in the economy.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Both housing starts and permits issued to build new homes rose to their highest levels since mid-2006, according to U.S. Census Bureau and Department of Housing and Urban Development data released Thursday. The seasonally adjusted annual number of permits issued grew to 1,709,000, up 4.5% from November’s revised figure and 17.3% from the same month last year, while the seasonally adjusted annual number of housing starts rose to 1,669,000, up 5.8% from November’s revised figure and 5.2% from last December. The December data “means the worst of the housing shortage could soon come to an end,” said chief economist at the National Association of Realtors, in a release.
Is (PHM) Outperforming Other Construction Stocks This Year?
The steady growth in the housing market has been helping companies like D.R. Horton, Inc. (DHI), KB Home (KBH) and Lennar Corporation (LEN).
PulteGroup (PHM) is set to debut at Sterling Ranch and expand presence in North Carolina.
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), the nation’s third largest homebuilder, announced its plans to enter the Denver market and expand into the Triad area of North Carolina. “This strategic expansion provides another avenue of growth and allows us to extend our high-returning operating model into important new housing markets,” said Ryan Marshall, PulteGroup president and CEO. “Having made these initial investments, we see the potential to introduce our first-time, move-up an
KBR Teams Up with Mura Technology to offer Cat-HTR technology in order to recycle advanced plastics.