A significant increase in
call options trading has been noticed for PulteGroup (PHM). Furthermore, the company’s stock has soared to a
52-week high, followed by an unusual increase in options volume. The company has scheduled its
second quarter 2024 earnings release and webcast conference call for July 23, 2024. PulteGroup's shares have also been trimmed by both
Commerce Bank and
Orion Portfolio Solutions LLC, while brokerages have suggested investing in the company. Also,
Clearbridge Investments LLC and others made significant new investments. The company stock has gained momentum and the earnings are expected to grow. PHM’s
Q1 earnings and revenues have topped expectations, with orders increasing year-over-year. The
CEO of PulteGroup has mentioned a structural shortage of millions of homes in the US. Large financial groups including PNC Financial Services and Wells Fargo are adjusting their positions in PHM. The performance of PHM is speculated to continue its upward trend with more upside in 2024.
Pultegroup PHM News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Thu, 30 May 2024 07:45:56 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -2
