PulteGroup Streamlines Capital Structure with Share Elimination

An update from PulteGroup ( (PHM) ) is now available.

On June 2, 2025, PulteGroup, Inc. filed a Certificate of Elimination with the Michigan Department of Licensing and Regulatory Affairs to remove the Series A Junior Participating Preferred Shares from its Restated Articles of Incorporation. As of that date, no Series A Preferred Shares were outstanding, nor were there any options or rights that could require their issuance, indicating a strategic move to streamline the company’s capital structure.

The most recent analyst rating on (PHM) stock is a Hold with a $117.00 price target. To see the full list of analyst forecasts on PulteGroup stock, see the PHM Stock Forecast page.

Spark’s Take on PHM Stock

According to Spark, TipRanks’ AI Analyst, PHM is a Outperform.

PulteGroup’s strong financial health and attractive valuation underpin a solid stock score. Technical indicators show stable momentum, while the earnings call supports confidence in strategic positioning despite some challenges. These factors collectively contribute to a robust overall score.

To see Spark’s full report on PHM stock, click here.

More about PulteGroup

Average Trading Volume: 2,178,561

Technical Sentiment Signal: Hold

Current Market Cap: $19.55B

For detailed information about PHM stock, go to TipRanks’ Stock Analysis page.