Discover PHM Stock Forecast for 2024, 2025, 2030, 2040, and 2050. PulteGroup, Inc. (NYSE: PHM) boasts a robust financial outlook it is ranked the third-largest homebuilder in the United States. This positive forecast is supported by strong stock market fundamentals, prevailing industry trends, and PHM’s technical indicators.
PulteGroup, Inc. is strategically positioned to achieve leadership and expand its market presence in the U.S. homebuilding industry. With home prices soaring to record highs across the country, the industry is experiencing a period of significant growth and opportunity. This upward trend in home prices presents an exciting time for PulteGroup and its stakeholders.
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Key Takeaways:
Our forecast for PHM stock price in 2024 now indicates an average price target of $130.15 with a high forecast of $145.00 and a low forecast of $106.00 which is a 12.05% decrease from the latest price.
What is PulteGroup, Inc.?
PulteGroup, Inc., based in Atlanta, Georgia, is a leading homebuilder in the U.S. They operate in over 40 markets nationwide and own brands like Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods. This variety helps them meet different buyer needs and adapt to changing demands.
Their mission is to build great places where people can live their dreams. As a public company (NYSE: PHM), PulteGroup attracts investors interested in real estate and homebuilding. The stock’s performance is influenced by housing market trends, consumer confidence, and economic factors, making it a key stock to watch in the industry.
Company Profile
| Company Name | PulteGroup, Inc. |
|---|---|
| Symbol | PHM |
| Stock Exchange | New York Stock Exchange (NYSE) |
| Industry | Homebuilding |
| CEO | Mr. Ryan R. Marshall |
| Employees | 6,382 |
| Founded | 1950 |
| Website | pultegroupinc |
PulteGroup, Inc. (PHM) Fundamental Analysis
| Open | $114.71 |
| High | $115.31 |
| Low | $112.16 |
| Market Cap | $23.66B |
| P/E Ratio | 9.00 |
| Dividend Yield | 0.71% |
| 52-Week Range | $68.47-$122.72 |
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PulteGroup, Inc. (PHM) Stock Historical Growth Chart
PulteGroup, Inc. (PHM) Stock Forecast and Price Prediction Analytics
PulteGroup (NYSE: PHM) might see a small drop of 2.2% in earnings each year, but its yearly revenue could climb by a solid 5.8%. Expectations also suggest that earnings per share (EPS) will grow by 2% annually, with a strong return on equity (ROE) of 21.1% predicted within three years. Based on Tipranks estimates from 14 Wall Street analysts, the average 12-month price target for PulteGroup is $129.15. The forecasts range from a low of $105.00 to a high of $143.00.
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Long-Term PHM Stock Forecast 2024, 2025, 2030, 2035, 2040, 2045,2050, 2060
The long-term PHM price forecast is expected to reach $123 by mid-year 2024, then reach an average price target of $150 by the end of 2025, $345 by 2030, $440 by 2035, $621 by 2040, $730 by 2045, $850 by 2050, and $990 by 2060.
PHM Stock Forecast 2024
According to our current PHM stock forecast, the value of PulteGroup shares will increase by 4.35% and reach $ 123.83 per share by June 25, 2024, from its current value of $114.83.
PHM Stock Forecast 2025
Our analysts forecast for PHM stock price in 2025 now indicates an average price target of $145.15 with a high forecast of $150 and a low forecast of $106 which is a 36% Increase from the latest price.
PHM Stock Forecast 2030
Based on historical trends for PulteGroup stock, the forecasted value for PHM stock forecast in 2030 stands at $345. Projecting the company’s growth trajectory from the past decade suggests a potential 202.63% uptick in PHM stock price.
PHM Stock Forecast 2035
According to the analyst’s forecast, PHM’s average price target for 2035 is $405 per share, with a minimum estimate of $215 and a maximum estimate of $440, with an upside potential of 285.96% in PHM’s current stock price.
PHM Stock Forecast 2040
PulteGroup, Inc.(PHM) stock price prediction forecasts an unbiased exponential growth chart in 2040, with an average price target of $590 per share, a high forecast of $621, and a low forecast of $381 from its last closing price.
PHM Stock Forecast 2050
PulteGroup, Inc.(PHM) stock is projected to chart a bullish presentation in 2050, with an average price target of $815 per share, representing a +614.91 change, The high estimate is $850 and the low is $611 from its current value.
PHM Stock Forecast 2060
PulteGroup, Inc.(PHM) stock has a 767.54% upside potential from 2024 to 2060 reaching an average price target of $920 per share, a high forecast of $990, and a low forecast of $700 from its last recorded price.
Conclusion: Is PHM stock a Buy
With favorable industry trends and solid financials, PHM stock appears to be a promising buy for investors seeking long-term growth opportunities.
What is the PHM stock forecast for 2025?
According to analysts, PulteGroup’s (PHM) stock price forecast for 2025 is expected to reach a record-high average price of $120 per share with a high price prediction of $150 and low estimates of 101.
What is the PHM stock forecast for 2030?
In 2030, the PHM stock will reach $345 with a whopping 202.63% upside potential growth ranging between $301-350 from its current price.
Can PHM reach $500 per share?
To reach $500 by the end of 2035, PulteGroup’s (PHM) must generate a compound annual growth rate of nearly 285.96%.
What is PHM stock price prediction for 2040?
Based on our analysis, PulteGroup Inc. stock (PHM) price forecast is projected to grow by 500%, with an average price target of $590 from its current price of $114.71.
Disclaimer: Stock forecasts and earnings estimates are subject to market volatility and should be considered speculative projections. Investors should conduct their research and consult with financial advisors before making investment decisions.
Ashish Dwivedi is the founder and chief editor of MoneyMystica, a top resource for finance, insurance, and share market insights. Driven by a passion for empowering individuals to make informed financial decisions, Ashish uses his extensive knowledge and practical experience to offer clear and actionable advice.
