▲ +15.09% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for PulteGroup in the last 3 months. The average price target is $52.64, with a high forecast of $70.00 and a low forecast of $29.00. The average price target represents a 15.09% upside from the last price of $45.74.
The current consensus among 16 contributing investment analysts is to buy stock in PulteGroup. This rating has held steady since October 2019, when it changed from a Hold consensus rating.
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company acquires and develops land primarily for residential purposes; and constructs housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2019, the company controlled 158,262 lots and 64,903 lots under land option agreements. It also arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.