PHM

PulteGroup, Inc. PHM is still waiting for a housing recovery. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline in 2026 for the second year in a row.

PulteGroup's community traffic fell 14% year over year in Q3. Q3 home sale revenues dropped 9% to $3.9 billion.

Zacks.com users have recently been watching PulteGroup (PHM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

AMADY, FSBW and PHM have been added to the Zacks Rank #5 (Strong Sell) List on October 27th, 2026.

Valuations seemed much more favorable for international property companies, particularly in comparison to some of the larger U.S. companies involved with senior housing and data centers. Along these lines, the Fund initiated positions in the common stock of Scentre Group and Home Depot during the quarter. Third Avenue Real Estate Value Fund trimmed back WESCO and Freddie Mac preferred, exited D.R. Horton, and extended its British Pound and Hong Kong Dollar hedges for portfolio management purposes.

PulteGroup's Q3 results showed weakening housing demand, with new orders falling 6% despite operating 7% more communities. Buyer traffic dropped 14% YoY, as high mortgage rates continued to make homes less affordable and discourage potential buyers. Gross margin held up at 24.8%, partly because Pulte sold fewer lower-margin speculative homes. However, this also hurt sales volumes.

PHM's Q3 2026 earnings and revenues lag estimates as lower home closings, weaker demand and shrinking margins weigh on results despite backlog growth.

Although the revenue and EPS for PulteGroup (PHM) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

PulteGroup (PHM) came out with quarterly earnings of $2.53 per share, missing the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $2.96 per share a year ago.

With interest rates rising again, it's time to talk housing, which is once again showing that the K-shaped economy is alive and well. The Federal Reserve raised its benchmark rate by 25 basis points on Sept.