PulteGroup Q4 home sale revenue falls 5% yr/yr

Pultegroup

29/01/2026 11:39

Overview

U.S. homebuilder's Q4 home sale revenue fell 5% yr/yr

EPS for Q4 was $2.56, includes pre-tax charges and benefits

Company repurchased $300 mln of common shares in Q4

Outlook

Company remains focused on asset turnover and cash flow generation amid market dynamics

PulteGroup aims for community count growth of 3% to 5% annually

Lagging consumer confidence continues to weigh on homebuyer demand

Result Drivers

NET NEW ORDERS - Co reported a 4% increase in net new orders to 6,428 homes, valued at $3.5 bln, indicating some recovery in demand

GROSS MARGIN IMPACT - Q4 gross margin of 24.7% was affected by $35 mln in land impairment charges

LAND INVESTMENT - Co invested $1.4 bln in land acquisition and development in Q4, reflecting a focus on future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Home Sale Revenues
$4.48 bln
Q4 EPS
$2.56
Q4 Home Sale Gross Margin
24.70%
Q4 Orders
$3.50 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "buy"

Wall Street's median 12-month price target for Pultegroup Inc is $144.11, about 16.9% above its January 28 closing price of $123.27

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw79F5gfa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)