BTIG analyst Carl Reichardt reiterated a Buy rating on Pultegroup on Tuesday, setting a price target of $74, which is approximately 52.01% above the present share price of $48.68.
Reichardt expects Pultegroup to post earnings per share (EPS) of $1.91 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in PulteGroup (NYSE:PHM), with an average price target of $65.
The analysts price targets range from a high of $74 to a low of $56.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.36 billion and a net profit of $635.13 million. The company's market cap is $12.63 billion.
According to TipRanks.com, BTIG analyst Carl Reichardt is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 9.8% and a 57.41% success rate.
PulteGroup, Inc. engages in the homebuilding business. It is also involved in the mortgage banking, and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment comprises of operations from the Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington. The Financial Services segment consists of mortgage banking and title operations. The company was founded by William J. Pulte in 1950 and is headquartered in Atlanta, GA.