Atlanta, Georgia-based PulteGroup, Inc. (PHM) is a leading U.S. homebuilder operating in more than 45 markets. The company builds and sells homes for first-time, move-up and active adult buyers under brands including Pulte Homes, Centex, Del Webb, DiVosta and John Wieland Homes and Neighborhoods. It has a market capitalization of approximately $21.7 billion.
PHM is set to report its Q3 earnings on Thursday, October 22, 2026, before the market opens. Ahead of the release, analysts expect the company to report diluted EPS of $2.63, down 11.2% from $2.96 in the year-ago quarter. Moreover, PHM has exceeded Wall Street’s EPS estimates in three of the past four quarters, while missing on another occasion.
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For fiscal 2026, analysts expect the company to report EPS of $10.07, down 12% from $11.44 in fiscal 2025. EPS is projected to rebound and increase 9.6% year over year to $11.04 in fiscal 2027.
www.barchart.com PHM stock has dipped 14.2% over the past 52 weeks, underperforming both the S&P 500 Index ($SPX), which advanced 15%, and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY), which declined 8.1% over the same period.
www.barchart.com PulteGroup’s underperformance has been driven by slowing sales, declining earnings and weakening returns on capital. Sales have declined 1.3% annually over the past two years, while EPS has contracted 12.2% annually over the same period, reflecting weaker underlying growth. Meanwhile, waning returns on capital suggest its previous profit engines are losing momentum, weighing on the stock’s performance.
Analysts remain somewhat bullish on PHM, with the stock carrying a consensus “Moderate Buy” rating. Among the 17 analysts covering the stock, nine recommend a “Strong Buy,” one rates it a “Moderate Buy,” six suggest a “Hold” and one recommends a “Strong Sell.” Meanwhile, the average price target of $139.88 implies potential upside of 20.9% from the current share price.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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