$PHM

D.R. Horton, Lennar and PulteGroup discussed earnings and outlook amid high mortgage rates, weaker consumer confidence and geopolitical uncertainty. D.R. Horton said Q3 returns were below expectations and expects lower Q4 starts. Lennar cited 30-year fixed rates around 6.4% to 6.5% and Zonda forecasts 5.8% to 6.8% through 2027. PulteGroup flagged oil and affordability. Builders also weighed the ROAD to Housing Act and cost savings.

Builders FirstSource said it bought ICG as part of consolidation in building materials and to expand off-site construction manufacturing. PulteGroup plans to divest ICG, which it acquired in 2020 for $104 million, citing factory fixed-cost risk during housing down cycles. PulteGroup reported an $81 million pre-tax Q4 2025 charge tied to the planned sale.

PHM Company (NYSE: PHM) files Form 144 for 1,165,000-share stock sale Rhea-AI Filing Summary PHM’s reporting holder filed a Form 144 indicating a planned sale of common stock. Raymond James & Associates is listed as broker for up to 1,165,000.00 common shares to be sold on the NYSE, with 187,452,540 common shares outstanding as of 08/05/2026. The issuer also reports recent Board of Directors compensation in common stock, including 3,383 shares dated 01/15/2026 and 5,615 shares dated 10/17/2016.

A panel hosted by CREDA New Mexico in Albuquerque discussed housing supply constraints in New Mexico. Speakers including PulteGroup’s NM president and Titan Development and Abrazo Homes cited a shortage of about 34,000 units in Albuquerque and Santa Fe, pushing costs. They cited permit-time improvements but said entitlement and development delays raise costs, including New Mexico’s 7.5% to 8.5% gross receipts tax.

PulteGroup (PHM) reported Q2 2026 revenue of $3,982.96 million and net income of $472 million, both down year over year. Diluted EPS from continuing operations fell to $2.48 from $3.03. The company repurchased 3,123,216 shares for $372.97 million, totaling 206,989,211 shares for $8.99 billion since 2013.

PulteGroup reported a shift back toward build-to-order, with BTO at 45% of new orders, and a 6% rise in net new orders, including a 12% gain in active adult demand. It kept gross margins at 25% and reduced finished spec inventory to 1.3 homes per community. For 2026 it reaffirmed closing guidance of 28,500-29,000 homes and gross margins of 24.5%-25.0%.

PulteGroup reported Q2 net income of $472 million, or $2.48 per share, down from $608 million, or $3.03, but above analysts’ $2.36 estimate. Home sale revenues fell 11% to $3.8 billion as closings dropped 8% and average price fell 3%. Mortgage origination volume declined to 4,629. Full-year guidance was reaffirmed.

PulteGroup Inc. (PHM) reported Q2 profit of $472 million, or $2.48 per share, according to the company. Revenue was $3.98 billion. Zacks Investment Research cited an average analyst estimate of $2.38 per share, and said results and revenue met or beat expectations.

PulteGroup (PHM) reported Q2 home sale revenue of $3.8B, down 11% Y/Y, as closings fell 8% to 6,997 and average price slipped 3% to $544k. Home sale gross margin was 25% vs 27%. Orders rose 6% to 7,536 homes. The company repurchased 3.1M shares for $373M, ended with $1.4B cash, and kept its 2026 outlook.

PulteGroup (PHM) reported Q2 2026 adjusted EPS of $2.48, above the Zacks consensus $2.38, and total revenues of $3.983B, slightly above $3.980B. Results reflected lower home-closing volumes, softer ASPs and margin compression. Net new orders rose 6.4% Y/Y to 7,536 homes; backlog was 10,966 homes. PHM repurchased 3.1M shares for $373M.