Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

What's Going On With PulteGroup (PHM) Stock?

BY Benzinga | ECONOMIC | 03/20/25 03:43 PM EDT

Shares of PulteGroup Inc (PHM) , one of the nation's largest homebuilders, moved higher by as much as 2.1% to $107.36 Thursday morning, before pulling back marginally, following a strong rebound in existing home sales and rising home prices.

What To Know: February's 4.2% monthly increase in sales, reported by the National Association of Realtors, signals renewed momentum in the housing market despite affordability concerns.

PulteGroup (PHM), known for building single-family homes across key markets like Florida, Texas and Georgia, benefits directly from tight housing inventory.

Even with a 5.1% increase in supply from January, the market remains undersupplied, with just 3.5 months' worth of inventory?well below the six-month threshold considered balanced. This persistent shortage has fueled a 3.8% annual rise in home prices, pushing the median price to $398,400.

Rising home values bolster demand for new construction, a key driver of PulteGroup's (PHM) revenue growth.

Read Also: Trump Urges Fed To Cut Interest Rates As ‘Liberation Day In America’ Looms

How To Buy PHM Stock

By now you're likely curious about how to participate in the market for PulteGroup (PHM) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, PHM has a 52-week high of $149.47 and a 52-week low of $100.54.

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article