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published in Blogs
Jun 15, 2023

PulteGroup (PHM) Announces Dividend Payment for July 2023: A Comprehensive Technical Analysis

PulteGroup Inc. (PHM), a leading American home construction company, has declared that it will pay dividends of $0.16 per share on July 5, 2023. This announcement comes amidst a buoyant market and shows a consistent dividend strategy which could be a contributing factor to the company's appeal for investors seeking steady returns.

This upcoming dividend payment holds the same value as the last dividend paid on April 4, 2023, which indicates a consistent yield from PHM. This consistency can be an encouraging sign for dividend investors, particularly those who rely on these payouts for regular income.

The critical dates in a dividend payment process are the ex-dividend and the record date. In PHM's case, the record date, which is the date when you must be on the company's books as a shareholder to receive the dividend, is set for July 5, 2023. The ex-dividend date, which is typically a few business days before the record date, is slated for June 16, 2023.

Understanding these dates is essential for investors as it influences who receives the upcoming dividend. Investors who purchase the stock on or after the ex-dividend date (June 16, 2023, in this case) will not be eligible for the next dividend payout. Instead, the dividend will go to the seller. Conversely, if investors buy the stock before the ex-dividend date, they will receive the upcoming dividend.

Given the dividend consistency, those investors who have been holding PHM stocks before the ex-dividend date can anticipate receiving their dividend on the announced payment date. It also makes PHM an attractive proposition for income investors who aim for steady, reliable returns in addition to potential capital appreciation.

The company's commitment to returning capital to shareholders through regular dividend payments reflects its financial health and strong cash flows, which can also be an indicator of management's confidence in its business model and growth prospects.

 PulteGroup’s upcoming dividend payment announcement reasserts the company's stable performance and its sustained return policy. However, as always in investment scenarios, shareholders and potential investors should consider other factors, such as the company's growth prospects, financial health, and market conditions, before making any investment decisions.

Related Ticker: PHM

PHM in upward trend: price may ascend as a result of having broken its lower Bollinger Band on February 07, 2025

PHM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 22 cases where PHM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where PHM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PHM advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 31, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PHM as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PHM turned negative on February 04, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PHM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for PHM entered a downward trend on January 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.407) is normal, around the industry mean (7.196). P/E Ratio (10.105) is within average values for comparable stocks, (103.177). Projected Growth (PEG Ratio) (0.329) is also within normal values, averaging (1.437). PHM has a moderately low Dividend Yield (0.006) as compared to the industry average of (0.044). P/S Ratio (1.631) is also within normal values, averaging (88.859).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PHM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are DR Horton (NYSE:DHI), Lennar Corp (NYSE:LEN), Pultegroup (NYSE:PHM), KB Home (NYSE:KBH).

Industry description

Homebuilding includes companies residential home construction companies, renovators and repair firms. The companies may be building single-family or multifamily homes, condominiums or mobile homes. Over the five years to 2019, the Home Builders industry is estimated to have grown at an annualized rate of 2.5% to reach $89.4 billion, (including expected growth of 2.6% in 2019), according to a study by IbisWorld. After having suffered one of its worst crises a decade ago during the last macroeconomic recession–which had much of its origins in U.S. real estate – the homebuilding industry has been recovering steadily so far. Higher disposable incomes and improving economic activity have bolstered consumers’ purchases of homes. While revenue of the Home Builders industry remains well below its prerecession high, demand growth estimates show promise.

Market Cap

The average market capitalization across the Homebuilding Industry is 7.78B. The market cap for tickers in the group ranges from 66.68K to 53.71B. DHI holds the highest valuation in this group at 53.71B. The lowest valued company is ASCK at 66.68K.

High and low price notable news

The average weekly price growth across all stocks in the Homebuilding Industry was -4%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -21%. CYRBY experienced the highest price growth at 9%, while STHI experienced the biggest fall at -18%.

Volume

The average weekly volume growth across all stocks in the Homebuilding Industry was 18%. For the same stocks of the Industry, the average monthly volume growth was -27% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 45
P/E Growth Rating: 57
Price Growth Rating: 65
SMR Rating: 63
Profit Risk Rating: 65
Seasonality Score: -52 (-100 ... +100)
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General Information

a company which engages in the homebuilding business

Industry Homebuilding

Profile
Fundamentals
Details
Industry
Homebuilding
Address
3350 Peachtree Road NE
Phone
+1 404 978-6400
Employees
6382
Web
https://www.pultegroupinc.com